ACV Auctions Inc. Class A Common Stock (ACVA)

FairStock Score: 50/100 — MIXED

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I look for businesses that earn consistent profits, generate free cash, and trade at a sensible price. ACV has an interesting marketplace: it connects dealers buying and selling used vehicles, with auctions and transport. Revenue is growing—fiscal 2025 revenue was $759.6M versus $637.2M in fiscal 2024, and fiscal Q2 2026, the quarter ended 2026-06-30, had revenue of $213.9M versus $193.7M in fiscal Q2 2025. But the bottom line remains red. In fiscal Q2 2026, net income was -$8.2M, or -$0.05 per diluted share. Fiscal 2025 net loss was $66.1M, and fiscal 2024 and fiscal 2023 losses were $79.7M and $75.3M. So despite progress, the company has not yet proven it can earn a profit. Trailing free cash flow is -$7.0M, a -0.4% FCF yield per FairStock. The balance sheet shows D/E 0.64 and Altman Z-Score 1.22, not comforting. Piotroski F-Score is 4/9. At the $10.47 close on 2026-10-13, FairStock shows market cap $1.8B, P/B 4.53, and P/E -28.30. ROE is -15.06%, ROCE is -2.58%. The Lynch category is none because of losses in each of the last four years. There may be network effects in a dealer marketplace, but I see no margin of safety in the current price. Growth is real, but growth without profit is speculation unless it turns into durable cash earnings. I would need to see positive net income and free cash flow before calling this a value investment. FairStock Score 50/100 suggests it is not obviously mispriced. Beta 1.83 adds volatility.

In plain English: ACV Auctions runs an online wholesale auction where car dealers buy and sell used vehicles. Revenue is growing, but the company still loses money and its cash flow is slightly negative, so the business looks weak on current profits. At $10.47 a share, the price looks expensive compared with those losses and not cheap based on today's numbers.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-06-30) · fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q3 2025 10-Q (period ended 2025-09-30) · fiscal Q2 2025 10-Q (period ended 2025-06-30) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K (period ended 2023-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer