Why ACV Stock Rocketed 44% Higher Today
Key Points
Copart wants to buy ACV.
The combined company could better serve its customers across the lifecycle of their vehicles.
- 10 stocks we like better than ACV Auctions ›
Shares of ACV Auctions (NYSE: ACVA) soared on Friday after the digital marketplace for used vehicles agreed to be acquired by industry giant Copart (NASDAQ: CPRT) for $1.9 billion.
Image source: Getty Images.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
An enticing offer for ACV's shareholders
Under the terms of the deal, Copart will launch a tender offer for ACV's stock for $10.50 per share in cash.
That's a premium of roughly 44% from the stock's closing price on Thursday -- and 45% from Aug. 10, the last trading day before rumors of a potential deal began to circulate.
Stronger together
A successful tender offer would create an industry-leading remarketing platform spanning dealer trade-ins, business-to-business sales, salvage disposition, and international resale operations.
The combined company would also possess an expansive vehicle-dataset, bolstered by ACV's inspection technology and artificial intelligence (AI)-powered valuation tools.
"ACV has built a differentiated, technology-driven marketplace that perfectly complements our extensive physical infrastructure and expansive buyer network," Copart CEO Jay Adair said. "With ACV, we are uniquely positioned to drive efficiency and productivity throughout the entire automotive ecosystem, bringing greater transparency and superior economic outcomes to our customers for every vehicle, regardless of its condition."
The deal is projected to close by the end of 2026 and begin adding to Copart's earnings per share by fiscal 2028.
Should you buy stock in ACV Auctions right now?
Before you buy stock in ACV Auctions, consider this:
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and ACV Auctions wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $409,917!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,341,724!*
Now, it’s worth noting Stock Advisor’s total average return is 942% — a market-crushing outperformance compared to 211% for the S&P 500. Don't miss the latest top 10 list, available with Stock Advisor, and join an investing community built by individual investors for individual investors.
See the 10 stocks »
*Stock Advisor returns as of September 11, 2026.
Joe Tenebruso has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Copart. The Motley Fool has a disclosure policy.
Recommended Articles
