Risk factor
Weak & very vulnerable to price shocks
Profitability factor
Very low or no dividends
About
ACV Auctions Inc. manages a sophisticated digital exchange where buyers and sellers converge for the online auctioning of wholesale vehicles. Beyond this core offering, the company delivers extensive data services that provide insights into the condition and market value of used automobiles, along with offering financial solutions for its customers. Founded in 2014, the enterprise is headquartered in Buffalo, New York.
Company Valuation
Based on key historical and expected multiples, the stock is overvalued relative to its peers. In particular, the stock is overpriced on P/E, trading at neutral levels on
Target Price
The average target price of ACVA is 9.1 and suggests 51% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to increas