Professional
Added to YB: 2025-06-16
Pitch date: 2025-03-31
ACVA [neutral]
ACV Auctions Inc.
-25.53%
current return
Author Info
No bio for this author
Company Info
ACV Auctions Inc. provides a wholesale auction marketplace to facilitate business-to-business used vehicle sales between a selling and buying dealership.
Market Cap
$1.8B
Pitch Price
$14.10
Price Target
N/A
Dividend
N/A
EV/EBITDA
-88.97
P/E
-28.35
EV/Sales
2.22
Sector
Commercial Services and Supplies
Category
growth
Meridian Hedged Equity Fund Portfolio Holding: ACV Auctions Inc.
ACVA (holding update): Digital automotive wholesale marketplace connecting dealers nationally. AI inspection + financing/transport services drive retention amid industry digitization. Strong fundamentals, market share gains & disciplined costs despite stock weakness from used car demand uncertainty. Management & business model remain compelling for long-term opportunity.
Read full article (1 min)