NASDAQ:VRM - Vroom Stock Price Target and Predictions

Target and Analyst Ratings
Price Target History
Upgrades and Downgrades
About
FAQ

Consensus Rating: Buy
Consensus Price Target: $57.00
Forecasted Upside: 39.84 %
Number of Analysts: 18
Breakdown:
2 Sell Ratings
3 Hold Ratings
13 Buy Ratings
0 Strong Buy Ratings

^$40.76 As of 06/17/2021 04:59 PM ET

▼ -0.4 (-0.97%)

1 month | 3 months | 12 months

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Analyst Price Target for VRM

i We calculate consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Our consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

^$57.00

▲ +39.84% Upside Potential

This price target is based on 18 analysts offering 12 month price targets for Vroom in the last 3 months. The average price target is $57.00, with a high forecast of $70.00 and a low forecast of $43.00. The average price target represents a 39.84% upside from the last price of $40.76.

Buy

The current consensus among 18 contributing investment analysts is to buy stock in Vroom. This rating has held steady since June 2020, when it changed from a Hold consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

0 strong buy ratings
0 buy ratings
0 hold ratings
0 sell ratings

Ratings as of

12/25/2019

0 strong buy ratings
0 buy ratings
0 hold ratings
0 sell ratings

Ratings as of

3/24/2020

0 strong buy ratings
0 buy ratings
1 hold ratings
0 sell ratings

Ratings as of

6/22/2020

0 strong buy ratings
10 buy ratings
1 hold ratings
0 sell ratings

Ratings as of

9/20/2020

0 strong buy ratings
12 buy ratings
3 hold ratings
2 sell ratings

Ratings as of

12/19/2020

0 strong buy ratings
12 buy ratings
3 hold ratings
2 sell ratings

Ratings as of

3/19/2021

0 strong buy ratings
13 buy ratings
3 hold ratings
2 sell ratings

Ratings as of

5/18/2021

0 strong buy ratings
13 buy ratings
3 hold ratings
2 sell ratings

Ratings as of

6/17/2021

Latest Recommendations

Show Most Recent Rating from Each Ratings Firm Show All Ratings

Date	Brokerage	Action	Rating	Price Target	Impact on Share Price	Details
5/13/2021	Raymond James	Boost Price Target	Outperform	$47.00 ➝ $53.00	High	i
5/13/2021	JMP Securities	Boost Price Target	Outperform	$48.00 ➝ $55.00	High	i
5/13/2021	Piper Sandler	Lower Price Target	Overweight	$60.00 ➝ $58.00	High	i
4/7/2021	Raymond James	Initiated Coverage	Outperform	$47.00	Medium	i
3/4/2021	Truist	Lower Price Target		$58.00 ➝ $54.00	High	i
3/4/2021	Stifel Nicolaus	Lower Price Target	Buy	$65.00 ➝ $55.00	High	i
3/4/2021	Wedbush	Lower Price Target	Outperform	$55.00 ➝ $50.00	High	i
3/4/2021	Jefferies Financial Group	Lower Price Target	Hold	$45.00 ➝ $43.00	High	i
3/4/2021	Piper Sandler	Lower Price Target	Overweight	$75.00 ➝ $60.00	High	i
2/23/2021	Stifel Nicolaus	Reiterated Rating	Buy	$65.00	High	i
2/16/2021	Wells Fargo & Company	Boost Price Target	Overweight	$55.00 ➝ $60.00	Low	i
12/17/2020	KeyCorp	Initiated Coverage	Sector Weight ➝ Sector Weight		Low	i
12/15/2020	Truist Financial	Initiated Coverage	Buy	$58.00	Medium	i
12/15/2020	Truist	Initiated Coverage	Buy	$58.00	High	i
12/4/2020	Jefferies Financial Group	Initiated Coverage	Hold	$38.00	High	i
11/12/2020	Wedbush	Lower Price Target		$80.00 ➝ $55.00	High	i
11/12/2020	Wells Fargo & Company	Lower Price Target	Overweight	$76.00 ➝ $55.00	High	i
11/12/2020	The Goldman Sachs Group	Lower Price Target	Buy	$60.00 ➝ $52.00	High	i
11/12/2020	JMP Securities	Lower Price Target	Outperform	$75.00 ➝ $50.00	High	i
11/10/2020	Bank of America	Initiated Coverage	Buy	$70.00	High	i
10/5/2020	Exane BNP Paribas	Initiated Coverage	Underperform		Low	i
10/5/2020	BNP Paribas	Initiated Coverage	Underperform		Low	i
9/29/2020	Piper Sandler	Lower Price Target	Overweight	$82.00 ➝ $81.00	Low	i
9/23/2020	JMP Securities	Boost Price Target	Outperform	$66.00 ➝ $75.00	Medium	i Rating by Ronald Josey at JMP Securities
9/22/2020	The Goldman Sachs Group	Upgrade	Neutral ➝ Buy	$52.00 ➝ $60.00	High	i Rating by Daniel Powell CFA at The Goldman Sachs Group, Inc.
9/8/2020	JPMorgan Chase & Co.	Upgrade	Neutral ➝ Overweight	$65.00	High	i Rating by Rajat Gupta CFA at JPMorgan Chase & Co.
8/25/2020	Piper Sandler	Initiated Coverage	Buy ➝ Overweight	$82.00	Low	i
8/14/2020	Benchmark	Downgrade	Buy ➝ Hold		High	i Rating by Michael Ward at Benchmark Co.
8/13/2020	Wedbush	Boost Price Target	Outperform	$75.00 ➝ $80.00	High	i Rating by S. Basham at Wedbush
8/12/2020	Wells Fargo & Company	Boost Price Target	Overweight	$65.00 ➝ $76.00	High	i Rating by Zachary Fadem at Wells Fargo & Company
7/8/2020	JPMorgan Chase & Co.	Initiated Coverage	Neutral	$55.00	High	i
7/6/2020	Bank of America	Initiated Coverage	Neutral	$60.00	Low	i
7/6/2020	Wedbush	Initiated Coverage	Outperform	$64.00	Medium	i Rating by S. Basham at Wedbush
7/6/2020	JMP Securities	Initiated Coverage	Outperform	$66.00	Medium	i
7/6/2020	Wells Fargo & Company	Initiated Coverage	Overweight	$65.00	Medium	i
7/6/2020	Robert W. Baird	Initiated Coverage	Outperform	$68.00	Low	i
7/6/2020	Stifel Nicolaus	Initiated Coverage	Buy	$65.00	High	i
7/5/2020	The Goldman Sachs Group	Initiated Coverage	Neutral	$46.00	High	i
7/5/2020	William Blair	Initiated Coverage	Outperform		High	i Rating by S. Zackfia at William Blair
6/9/2020	Benchmark	Initiated Coverage	Buy	$55.00	Low	i

(Data available from 6/17/2016 forward)

Vroom, Inc. operates an e-commerce platform for buying and selling of new and used cars in the United States. It also offers financing solutions. The company was formerly known as Auto America, Inc. and changed its name to Vroom, Inc. in July 2015. The company was incorporated in 2012 and is headquartered in New York, New York.

Today's Range

Now: $40.76

$39.88

$41.90

50 Day Range

MA: $42.74

$35.41

$48.14

52 Week Range

Now: $40.76

$26.96

$75.49

Volume

107,726 shs

Average Volume

2,836,841 shs

Market Capitalization

$5.56 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

N/A

Frequently Asked Questions

What sell-side analysts currently cover shares of Vroom?

The following Wall Street research analysts have issued reports on Vroom in the last twelve months: Bank of America Co., Benchmark Co., BNP Paribas, Exane BNP Paribas, Jefferies Financial Group Inc., JMP Securities, JPMorgan Chase & Co., KeyCorp, Piper Sandler, Raymond James, Robert W. Baird, Stifel Nicolaus, The Goldman Sachs Group, Inc., Truist, Truist Financial Co., Wedbush, Wells Fargo & Company, William Blair, and Zacks Investment Research.
View the latest analyst ratings for VRM.

What is the current price target for Vroom?

13 Wall Street analysts have set twelve-month price targets for Vroom in the last year. Their average twelve-month price target is $57.00, suggesting a possible upside of 39.1%. Bank of America Co. has the highest price target set, predicting VRM will reach $70.00 in the next twelve months. Jefferies Financial Group Inc. has the lowest price target set, forecasting a price of $43.00 for Vroom in the next year.
View the latest price targets for VRM.

What is the current consensus analyst rating for Vroom?

Vroom currently has 2 sell ratings, 3 hold ratings and 13 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe VRM will outperform the market and that investors should add to their positions of Vroom.
View the latest ratings for VRM.

What other companies compete with Vroom?

Other companies that are similar to Vroom include CarMax, Lithia Motors, AutoNation, Casey's General Stores, IAA, Penske Automotive Group, Murphy USA, Asbury Automotive Group, Camping World, Group 1 Automotive, Rush Enterprises, Rush Enterprises, KAR Auction Services, Sonic Automotive and America's Car-Mart.

How do I contact Vroom's investor relations team?

Vroom's physical mailing address is 1375 BROADWAY 11TH FLOOR, NEW YORK NY, 10018. The company's listed phone number is 631 760 1215 and its investor relations email address is [email protected] The official website for Vroom is www.vroom.com.