ACV Auctions Q4 revenue up 15%

Reuters02-24
<a href="https://laohu8.com/S/ACVA">ACV Auctions</a> Q4 revenue up 15%

Overview

  • Digital automotive marketplace's Q4 revenue grew 15% yr/yr, reaching high-end of guidance

  • Adjusted EBITDA for Q4 exceeded high-end of Co's guidance

  • Company projects 2026 revenue growth of 11% to 13% yr/yr

Outlook

  • ACV expects 2026 revenue of $845 mln to $855 mln, growth of 11% to 13% YoY

  • Company projects 2026 adjusted EBITDA of $73 mln to $77 mln, up 28% YoY at midpoint

  • ACV forecasts Q1 2026 revenue of $200 mln to $204 mln, up 9% to 12% YoY

Result Drivers

  • DEALER SOLUTIONS - Accelerated adoption of dealer solutions supported revenue growth

  • MARKETPLACE GROWTH - Marketplace GMV and units increased, reflecting healthy engagement and market share expansion

Company press release: ID:nBw4MBH7Ja

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q4 EPS

-$0.11

Q4 Net Income

-$19.56 mln

Q4 Adjusted EBITDA

Beat

$8 mln

$5.86 mln (12 Analysts)

Q4 Basic EPS

-$0.11

Q4 Operating Expenses

$201.49 mln

Q4 Operating Income

-$17.85 mln

Q4 Pretax Profit

-$19.04 mln

Analyst Coverage

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy", 5 "hold" and 1 "sell" or "strong sell"

  • The average consensus recommendation for the online services peer group is "buy"

  • Wall Street's median 12-month price target for ACV Auctions Inc is $10.00, about 50.2% above its February 20 closing price of $6.66

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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