ACV Auctions Posts $183.65M Q4 Revenue, Barclays Lowers Target to $7
ACV Auctions grew Q4 revenue 15.13% year-over-year to $183.65 million and sold 193,000 vehicles, delivering adjusted EBITDA of $8 million. Barclays lowered its price target from $8 to $7 after the results, while Q1 revenue is guided at $200 million–$204 million (9%–12% growth).
1. Q4 Financial Results
ACV Auctions reported Q4 revenue of $183.65 million, a 15.13% increase year-over-year, driven by sale of 193,000 vehicles. Adjusted EBITDA reached $8 million and EPS was negative $0.01, beating expectations by $0.01.
2. Analyst Ratings Update
Barclays reaffirmed a Hold rating and cut its price target from $8 to $7, while Citizens maintained a Buy rating at an $8 target. The changes reflect differing views on growth trajectory and margin expansion.
3. Q1 Guidance and Data Strategy
Management projects Q1 revenue between $200 million and $204 million, representing 9%–12% year-over-year growth. The company’s proprietary dealer lot data is cited as a strategic asset for accurate price prediction.