ACVA
ACV Auctions Inc.

ACV Auctions Inc.ACVA

Consumer Cyclical · Auto & Truck Dealerships
10.46USD
+0.29%
Sep 25, 2026
ACVA overview ready
ACV is a direct digital marketplace operator for wholesale used-vehicle transactions and monetizes the transaction workflow through auction fees, inspection and condition data, transportation, financing and assurance-related services.
Narrative not measured
Digital Vehicle RemarketingDigital Wholesale Vehicle Marketplaces and Transaction ServicesPure play
An early price trend
Longer-term context reads early recovery, with a near-term setup of daily advance.
Demanding valuation
The price embeds expectations that run ahead of the cash the business currently produces.
Solid fundamentals
Ev / sales is strong.
Primary risk
Dependence on automotive wholesale market health and vehicle demand.
Market Sep 24Filing Jun 30Price action Sep 24Research Sep 12

Conviction Level

NarrativeHeat—ThemeHeat6.6PriceAction9.4Valuation1.5CompanyPosition7.3
Price
Loading price history…

Price Action

An early price trend
Longer-term context reads early recovery, with a near-term setup of daily advance.
EntryReset + recovery

The stock is still rebuilding below its long-term weekly base, and the recent reset toward the daily SMA200 aligned with support at the weekly EMA21. Daily structure is recovering above the fast averages, improving the current entry location.

Key Financials

Market Cap
$1.8B
Avg Volume (60D)
8.9M
60 sessions
Revenue Growth YoY
+19.2%
FY2025 vs FY2024
Gross Margin
+26.8%
Operating Margin
-7.1%
Trailing twelve months
Free Cash Flow Yield
+1.6%
Distance from 200DMA
+53.6%
Next Earnings
2026-11-04
P/E
N/M
EV / Sales
2.2x
Market metrics as of Sep 24, 2026
Financial results for the period ended Jun 30, 2026
Filed balance-sheet data as of Jun 30, 2026

Fundamentals & Valuation

All three valuation perspectives agree this company is expensive.
ACV Auctions Inc. has an Expensive valuation stance because the price embeds expectations that run ahead of the cash the business currently produces. It trades at 2.2x revenue, which requires sustained delivery to be justified.

Company Research

Thesis
ACV is a direct digital marketplace operator for wholesale used-vehicle transactions and monetizes the transaction workflow through auction fees, inspection and condition data, transportation, financing and assurance-related services.
Opportunity
Moderate opportunity
The digitization of dealer-to-dealer and commercial vehicle remarketing, combining online auctions with vehicle-condition data, valuation, title, transport, payment and inventory-finance workflows.
Key risk
Dependence on automotive wholesale market health and vehicle demand.

Narrative & Theme

Digital Vehicle Remarketing
Part of Digital Wholesale Vehicle Marketplaces and Transaction Services, with strong fit.
ACV has a specific, direct exposure to the ongoing shift from physical dealer wholesale auctions toward digital vehicle remarketing workflows.
Narrative HeatNeutral4.5 / 10
This reading is no longer current (last measured 2026-09-11). It is kept until the next scheduled measurement replaces it.
Theme HeatNeutral6.6 / 10
This is the company’s own research reading. The canonical heat measurement for this story has not run.

Business & Markets

Consumer Cyclical · Auto & Truck Dealerships
What they do

ACV Auctions operates a digital wholesale auction marketplace that connects used vehicle sellers and buyers, primarily dealerships, facilitating real-time business-to-business transactions.

How it earns

The company generates revenue primarily through transactional fees and related services on its digital auction platform.

Products & services
Digital wholesale vehicle auction marketplace
Run List pre-screening tool
ACV transportation service
ACV capital short-term inventory financing
Customers & end markets
Used vehicle dealerships (sellers)
Used vehicle dealerships (buyers)
Market position

ACV Auctions is a challenger in the digital wholesale vehicle auction market, leveraging technology to disrupt traditional auction methods.

Demand drivers
High cyclicality

The business is closely tied to the automotive wholesale market, which is sensitive to economic cycles and vehicle demand fluctuations.