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ACV Auctions Inc stock reached a 52-week low, trading at $10.25, reflecting a significant downturn for the online automotive marketplace company. According to InvestingPro data, technical indicators suggest the stock is currently in oversold territory, with a market capitalization of $1.78 billion. Over the past year, the stock has experienced a sharp decline, with a 1-year change of -48.19%. Despite these challenges, the company maintains strong fundamentals with 30% revenue growth and a healthy current ratio of 1.59. InvestingPro analysis suggests the stock is currently trading below its Fair Value, with 12 additional exclusive insights available to subscribers. The company’s performance reflects current market volatility, though analysts expect positive net income growth this year.
In other recent news, ACV Auctions reported its second-quarter 2025 revenue at $193.7 million, marking a 20.6% year-over-year increase. However, this figure fell short of Street estimates by 1.2%. The company sold 210,400 units during the quarter, a 12.8% increase but still 4.1% below analyst expectations. Following these results, Stephens adjusted its price target for ACV Auctions to $11.50, maintaining an Equal Weight rating. Needham also revised its price target to $16.00, citing slower growth, while keeping a Buy rating. Citizens JMP lowered its price target to $18.00, maintaining a Market Outperform rating after the revenue and EBITDA figures missed consensus estimates. Piper Sandler, on the other hand, reiterated an Overweight rating with a $20.00 price target, attributing recent stock weakness to temporary market dynamics. These developments reflect varying analyst perspectives on ACV Auctions’ financial performance and future outlook.
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