
ACV Auctions Inc. remains a 'Buy,' driven by 2Q2026 EBITDA and EPS beats versus guidance and consensus. Its 130bps QoQ and 10bps YoY EBITDA margin expansion stems from favorable fixed-cost absorption, high-yielding revenue mix, and operational leverage. ACVA outperformed a contracting market in 2Q2026 and is well-positioned for 3Q26 revenue acceleration and full-year cost moderation.










