Vroom, Inc. (VRM) Stock Price, Quote & News - Stock Analysis (2024)

Table of Contents
Vroom to Release Fourth Quarter and Fiscal Year 2023 Earnings on March 13, 2024 Vroom hits the brakes on its online used car business to go full throttle on auto financing and AI Vroom Stock Plunges After Winding Down E-Commerce Business—Key Chart Levels to Monitor Vroom Exiting Car Sales, Focusing on Finance and AI Services This once-mighty Carvana competitor just announced it is winding down operations Vroom Announces Wind-Down of Ecommerce Used Vehicle Operations Vroom Files Preliminary Proxy Statement for Reverse Stock Split Vroom CEO Named Executive to Watch in 2024 by Auto Finance News Vroom Announces “At The Market” (ATM) Equity Offering Program Vroom Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4) Vroom Announces Third Quarter 2023 Results Vroom Partners with West Virginia DMV To Reduce Wait Time for Vehicle Titles Vroom to Release Third Quarter 2023 Earnings on November 7, 2023 Vroom Announces Second Quarter 2023 Results Banuba Face AR SDK Boosted MAU growth by 30% for VROOM Vroom to Release Second Quarter 2023 Earnings on August 8, 2023 CE 100 Index Soars 4.1% as Vroom, iRobot and WeWork Rally Vroom Announces First Quarter 2023 Results Vroom to Release First Quarter 2023 Earnings on May 9, 2023 CarGurus, Vroom Show Connected Car's Journey Starts at Point of Sale Vroom Announces Fourth Quarter and Full Year 2022 Results Super Bowl ad curse? The stocks of these Big Game advertisers didn't fare so well Vroom to Release Fourth Quarter and Fiscal Year 2022 Earnings on February 28, 2023 Stocks trending in after hours: Alcoa, Discover Financial, Vroom, Apple Vroom Announces Record Ecommerce Gross Profit Per Unit of $4,206 FAQs

Vroom, Inc. (VRM) Stock Price, Quote & News - Stock Analysis (1)

Vroom to Release Fourth Quarter and Fiscal Year 2023 Earnings on March 13, 2024

NEW YORK--(BUSINESS WIRE)--Vroom, Inc. (Nasdaq: VRM) today announced that it will release its financial results for the fourth quarter and fiscal year ended December 31, 2023 after the market closes o...

14 days ago - Business Wire

Vroom, Inc. (VRM) Stock Price, Quote & News - Stock Analysis (2)

Vroom hits the brakes on its online used car business to go full throttle on auto financing and AI

Vroom is shutting down its online used car marketplace and shifting all of its resources and capital into two business units focused on auto financing and AI-powered analytics.About 800 employees, or...

6 weeks ago - TechCrunch

Vroom, Inc. (VRM) Stock Price, Quote & News - Stock Analysis (3)

Vroom Stock Plunges After Winding Down E-Commerce Business—Key Chart Levels to Monitor

Shares of vehicle e-commerce platform Vroom (VRM) plunged over 50% ahead of the opening bell Tuesday after the company said it plans to discontinue its e-commerce operations and wind down its used veh...

6 weeks ago - Investopedia

Vroom, Inc. (VRM) Stock Price, Quote & News - Stock Analysis (4)

Vroom Exiting Car Sales, Focusing on Finance and AI Services

Vroomis winding down its eCommerce operations and discontinuing its used vehicle dealership business. The company aims to preserve liquidity and maximize stakeholder value through its remaining busi...

6 weeks ago - PYMNTS

Vroom, Inc. (VRM) Stock Price, Quote & News - Stock Analysis (5)

This once-mighty Carvana competitor just announced it is winding down operations

Vroom Inc., once valued at a heady $2.5 billion, said Monday it is winding down its online used-car sales business in order to preserve liquidity, as its market cap has dwindled to less than $100 mill...

6 weeks ago - Market Watch

Vroom, Inc. (VRM) Stock Price, Quote & News - Stock Analysis (6)

Vroom Announces Wind-Down of Ecommerce Used Vehicle Operations

HOUSTON--(BUSINESS WIRE)--Vroom, Inc. (Nasdaq:VRM) (Vroom, or the Company), a leading ecommerce platform for buying and selling used vehicles, today announced that it is discontinuing its ecommerce op...

6 weeks ago - Business Wire

Vroom, Inc. (VRM) Stock Price, Quote & News - Stock Analysis (7)

Vroom Files Preliminary Proxy Statement for Reverse Stock Split

HOUSTON--(BUSINESS WIRE)--Vroom, Inc. (Nasdaq: VRM) (“Vroom,” the “Company,” “us,” “we” and “our”), a leading e-commerce platform for buying and selling used vehicles, today announced it has filed a p...

2 months ago - Business Wire

Vroom, Inc. (VRM) Stock Price, Quote & News - Stock Analysis (8)

Vroom CEO Named Executive to Watch in 2024 by Auto Finance News

NEW YORK--(BUSINESS WIRE)--Vroom, Inc. (Nasdaq: VRM), a leading e-commerce platform for buying and selling used vehicles, announced today that Tom Shortt, Chief Executive Officer, has been recognized ...

2 months ago - Business Wire

Vroom, Inc. (VRM) Stock Price, Quote & News - Stock Analysis (9)

Vroom Announces “At The Market” (ATM) Equity Offering Program

HOUSTON--(BUSINESS WIRE)--Vroom, Inc. (Nasdaq: VRM), (“Vroom” or the “Company) a leading e-commerce platform for buying and selling used vehicles, today announced it has filed a prospectus supplement ...

3 months ago - Business Wire

Vroom, Inc. (VRM) Stock Price, Quote & News - Stock Analysis (10)

Vroom Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

NEW YORK--(BUSINESS WIRE)--Vroom, Inc. (Nasdaq: VRM), a leading e-commerce platform for buying and selling used vehicles, today reported that on November 18, 2023, the Compensation Committee of Vroom'...

3 months ago - Business Wire

Vroom, Inc. (VRM) Stock Price, Quote & News - Stock Analysis (11)

Vroom Announces Third Quarter 2023 Results

NEW YORK--(BUSINESS WIRE)--Vroom, Inc. (Nasdaq:VRM), a leading ecommerce platform for buying and selling used vehicles, today announced financial results for the third quarter ended September 30, 2023...

4 months ago - Business Wire

Vroom, Inc. (VRM) Stock Price, Quote & News - Stock Analysis (12)

Vroom Partners with West Virginia DMV To Reduce Wait Time for Vehicle Titles

NEW YORK--(BUSINESS WIRE)--Vroom, Inc. (Nasdaq:VRM), a leading automotive ecommerce platform dedicated to improving the buying and selling of used vehicles, announced today the company is partnering w...

4 months ago - Business Wire

Vroom, Inc. (VRM) Stock Price, Quote & News - Stock Analysis (13)

Vroom to Release Third Quarter 2023 Earnings on November 7, 2023

NEW YORK--(BUSINESS WIRE)--Vroom, Inc. (Nasdaq: VRM), a leading e-commerce platform for buying and selling used vehicles, today announced that it will release its financial results for the third quart...

5 months ago - Business Wire

Vroom, Inc. (VRM) Stock Price, Quote & News - Stock Analysis (14)

Vroom Announces Second Quarter 2023 Results

NEW YORK--(BUSINESS WIRE)--Vroom, Inc. (Nasdaq:VRM), a leading ecommerce platform for buying and selling used vehicles, today announced financial results for the second quarter ended June 30, 2023. HI...

7 months ago - Business Wire

Vroom, Inc. (VRM) Stock Price, Quote & News - Stock Analysis (15)

Banuba Face AR SDK Boosted MAU growth by 30% for VROOM

DUBAI, United Arab Emirates--(BUSINESS WIRE)-- #ARdevelopment--True Digital Group implemented Banuba's technologies in their video conferencing app and grew their registered and monthly active user nu...

7 months ago - Business Wire

Vroom, Inc. (VRM) Stock Price, Quote & News - Stock Analysis (16)

Vroom to Release Second Quarter 2023 Earnings on August 8, 2023

NEW YORK--(BUSINESS WIRE)--Vroom, Inc. (Nasdaq: VRM), a leading e-commerce platform for buying and selling used vehicles, today announced that it will release its financial results for the second quar...

8 months ago - Business Wire

Vroom, Inc. (VRM) Stock Price, Quote & News - Stock Analysis (17)

CE 100 Index Soars 4.1% as Vroom, iRobot and WeWork Rally

The Federal Reserve has signaled it will pause rate hikes. In the meantime, the U.S. consumer keeps spending.

Other symbols: IRBT

9 months ago - PYMNTS

Vroom, Inc. (VRM) Stock Price, Quote & News - Stock Analysis (18)

Vroom Announces First Quarter 2023 Results

NEW YORK--(BUSINESS WIRE)--Vroom, Inc. (Nasdaq:VRM), a leading ecommerce platform for buying and selling used vehicles, today announced financial results for the first quarter ended March 31, 2023. HI...

10 months ago - Business Wire

Vroom, Inc. (VRM) Stock Price, Quote & News - Stock Analysis (19)

Vroom to Release First Quarter 2023 Earnings on May 9, 2023

NEW YORK--(BUSINESS WIRE)--Vroom, Inc. (Nasdaq: VRM), a leading e-commerce platform for buying and selling used vehicles, today announced that it will release its financial results for the first quart...

1 year ago - Business Wire

Vroom, Inc. (VRM) Stock Price, Quote & News - Stock Analysis (20)

CarGurus, Vroom Show Connected Car's Journey Starts at Point of Sale

There are plenty of bumps in the road for auto sales. Inventory is improving but is still constrained, and inflation continues to keep car prices lofty.

Other symbols: CARG

1 year ago - PYMNTS

Vroom, Inc. (VRM) Stock Price, Quote & News - Stock Analysis (21)

Vroom Announces Fourth Quarter and Full Year 2022 Results

NEW YORK--(BUSINESS WIRE)--Vroom, Inc. (Nasdaq:VRM), a leading ecommerce platform for buying and selling used vehicles, today announced financial results for the fourth quarter and fiscal year ended D...

1 year ago - Business Wire

Vroom, Inc. (VRM) Stock Price, Quote & News - Stock Analysis (22)

Super Bowl ad curse? The stocks of these Big Game advertisers didn't fare so well

As the Philadelphia Eagles faceoff against the Kansas City Chiefs, ad time comes at a steep cost. Is the price worth it for investors?

Other symbols: COINCVNAWDAY

1 year ago - CNBC

Vroom, Inc. (VRM) Stock Price, Quote & News - Stock Analysis (23)

Vroom to Release Fourth Quarter and Fiscal Year 2022 Earnings on February 28, 2023

NEW YORK--(BUSINESS WIRE)--Vroom, Inc. (Nasdaq: VRM), a leading e-commerce platform for buying and selling used vehicles, today announced that it will release its financial results for the fourth qu...

1 year ago - Business Wire

Stocks trending in after hours: Alcoa, Discover Financial, Vroom, Apple

Yahoo Finance Live's Seana Smith checks out several stocks trending in the after-hours trading session.

Other symbols: AADFSAAPL

1 year ago - Yahoo Finance

Vroom, Inc. (VRM) Stock Price, Quote & News - Stock Analysis (24)

Vroom Announces Record Ecommerce Gross Profit Per Unit of $4,206

NEW YORK--(BUSINESS WIRE)--Vroom, Inc. (Nasdaq:VRM), a leading ecommerce platform for buying and selling used vehicles, today announced financial results for the third quarter ended September 30, 2022...

1 year ago - Business Wire

Vroom, Inc. (VRM) Stock Price, Quote & News - Stock Analysis (2024)

FAQs

Vroom, Inc. (VRM) Stock Price, Quote & News - Stock Analysis? ›

VRM Signals & Forecast

Mostly positive signals in the chart today. The Vroom, Inc. stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock.

Is VRM a good stock to buy? ›

VRM Signals & Forecast

Mostly positive signals in the chart today. The Vroom, Inc. stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock.

What is the outlook for Vroom company? ›

The average one-year price target for Vroom, Inc. is $91.8. The forecasts range from a low of $80.8 to a high of $105. A stock's price target is the price at which analysts consider it fairly valued with respect to its projected earnings and historical earnings.

What is happening with Vroom? ›

We are discontinuing Vroom's e-commerce operations and winding down our used vehicle dealership business." The announcement comes as sales for the company have dropped and legal issues became costly. In December, Vroom settled a lawsuit filed by the Texas Attorney General's Office for $ 3 million.

What is the analyst rating for Vroom stock? ›

Snapshot
Average RecommendationHold
Last Quarter's Earnings-62.06
Year Ago Earnings-177.60
Current Quarter's Estimate-29.60
Current Year's Estimate-172.80
6 more rows

Is Vroom worth investing in? ›

Vroom Inc does not have a meaningful P/E due to negative earnings over the last 12 trailing months. Vroom Inc's trailing 12-month revenue is $893.2 million with a -40.9% profit margin. Year-over-year quarterly sales growth most recently was 12.7%.

What is the price forecast for VRM? ›

Stock Price Target VRM
High$80.00
Median$80.00
Low$80.00
Average$80.00
Current Price$12.84

Is Vroom going out of business in 2024? ›

- Jerry Reynolds, CarPro Show Host

Vroom, an online used car platform, is going out of business. The company shared its announcement on January 22, 2024. In December, the used car retailer settled a lawsuit with the Texas Attorney General for $3,000,000 for deceptive trade practices.

Is Bill Gates invested in Vroom? ›

Vroom, Inc.

The Bill and Melinda Gates Foundation initiated a stake in Vroom, Inc. (NASDAQ:VRM) in the second quarter of 2022, and the position has remained unchanged since then.

Why is Vroom stock so low? ›

Vroom (VRM) stock is plunging after the company disclosed that it would shut down most of its operations and lay off 90% of its employees. Vroom thrived during the lockdowns but has struggled mightily in the post-pandemic period.

Who owns Vroom stock? ›

Largest shareholders include Group One Trading, L.p., Jane Street Group, Llc, FNDA - Schwab Fundamental U.S. Small Company Index ETF, Public Employees Retirement System Of Ohio, FSMAX - Fidelity Extended Market Index Fund, FSKAX - Fidelity Total Market Index Fund, FCFMX - Fidelity Series Total Market Index Fund, FNCMX ...

Does Vroom stock pay dividends? ›

Vroom (NASDAQ: VRM) does not pay a dividend.

How many outstanding shares does Vroom have? ›

Share Statistics
Shares Outstanding1.79M
Shares Change (YoY)+1.12%
Shares Change (QoQ)+0.53%
Owned by Insiders (%)1.16%
Owned by Institutions (%)38.96%
1 more row

Should I invest in Catalyst Pharmaceuticals? ›

Catalyst Pharma's analyst rating consensus is a Strong Buy. This is based on the ratings of 7 Wall Streets Analysts.

Will IMV stock go up? ›

Currently there's no upside potential for IMV, based on the analysts' average price target.

Is Owens Corning a good stock? ›

OC boasts a Value Style Score of A and VGM Score of A, and holds a Zacks Rank #2 (Buy) rating. Shares of Owens Corning are trading at a forward earnings multiple of 11.7X, as well as a PEG Ratio of 5.4, a Price/Cash Flow ratio of 7.9X, and a Price/Sales ratio of 1.5X.

Who owns VRM stock? ›

Largest shareholders include Group One Trading, L.p., Jane Street Group, Llc, FNDA - Schwab Fundamental U.S. Small Company Index ETF, Public Employees Retirement System Of Ohio, FSMAX - Fidelity Extended Market Index Fund, FSKAX - Fidelity Total Market Index Fund, FCFMX - Fidelity Series Total Market Index Fund, FNCMX ...

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