Vroom (VRM) Stock Forecast, Price Target & Predictions
VRM Stock Forecast
Vroom stock forecast is as follows: an average price target of $17.02 (represents a 52.37% upside from VRM’s last price of $11.17) and a rating consensus of 'Hold', based on 3 wall street analysts offering a 1-year stock forecast.
VRM Price Target
The average price target for Vroom (VRM) is $17.02 based on 1-year price targets from 3 Wall Street analysts in the past 3 months, with a price target range of $51.00 to $1.50. This represents a potential 52.37% upside from VRM's last price of $11.17.
VRM Analyst Ratings
According to 3 Wall Street analysts, Vroom's rating consensus is 'Hold'. The analyst rating breakdown for VRM stock is 0 'Strong Buy' (0.00%), 1 'Buy' (33.33%), 2 'Hold' (66.67%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Vroom Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Jun 28, 2022 | Scott Devitt | Stifel Nicolaus | $1.50 | $1.61 | -6.83% | -86.57% |
| May 31, 2022 | Naved Khan | Truist Financial | $2.60 | $1.43 | 81.82% | -76.72% |
| May 10, 2022 | Zachary Fadem | Wells Fargo | $2.00 | $1.08 | 85.19% | -82.09% |
| Mar 02, 2022 | Seth Basham | Wedbush | $5.00 | $2.98 | 67.79% | -55.24% |
| Nov 10, 2021 | Nicholas Bacchus | Raymond James | $40.00 | $20.62 | 93.99% | 258.10% |
| Sep 13, 2021 | Ronald Josey | JMP Securities | $51.00 | $25.87 | 97.14% | 356.58% |
The latest Vroom stock forecast, released on Jun 28, 2022 by Scott Devitt from Stifel Nicolaus, set a price target of $1.50, which represents a -6.83% decrease from the stock price at the time of the forecast ($1.61), and a -86.57% decrease from VRM last price ($11.17).
Vroom Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | - |
| Avg Price Target | - | - | - |
| Last Closing Price | $11.17 | $11.17 | $11.17 |
| Upside/Downside | -100.00% | -100.00% | -100.00% |
In the current month, the average price target of Vroom stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Vroom's last price of $11.17. This month's average price target is down NaN% compared to last quarter, and down NaN% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Aug 15, 2022 | J.P. Morgan | - | Neutral | Downgrade |
| May 10, 2022 | Wells Fargo | Hold | Hold | Hold |
| Apr 28, 2022 | William Blair | - | Market Perform | Downgrade |
| Mar 02, 2022 | Wedbush | Outperform | Outperform | Hold |
Vroom's last stock rating was published by J.P. Morgan on Aug 15, 2022. The company Downgrade its VRM rating from "null" to "Neutral".
Vroom Financial Forecast
Vroom Revenue Forecast
| Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | $235.92M | $235.63M | $225.18M | $196.47M | $209.35M | $340.80M | $475.44M | $923.77M | $934.49M | $896.76M | $761.89M | $591.12M | $405.83M | $323.00M | $253.09M |
| Avg Forecast | $293.90M | $267.30M | $254.60M | $234.90M | $232.00M | $244.11M | $225.55M | $255.29M | $268.22M | $429.06M | $543.15M | $872.70M | $901.92M | $887.73M | $650.85M | $517.23M | $401.22M | $311.06M | $234.94M |
| High Forecast | $293.90M | $267.30M | $254.60M | $234.90M | $232.00M | $284.84M | $225.55M | $255.29M | $268.22M | $429.06M | $543.15M | $872.70M | $901.92M | $887.73M | $650.85M | $517.23M | $401.22M | $311.06M | $234.94M |
| Low Forecast | $293.90M | $267.30M | $254.60M | $234.90M | $232.00M | $218.79M | $225.55M | $255.29M | $268.22M | $429.06M | $543.15M | $872.70M | $901.92M | $887.73M | $650.85M | $517.23M | $401.22M | $311.06M | $234.94M |
| # Analysts | - | - | - | 1 | 1 | 3 | 1 | 1 | - | - | - | - | 2 | 2 | 2 | 2 | 1 | 1 | 1 |
| Surprise % | - | - | - | - | 1.02% | 0.97% | 1.00% | 0.77% | 0.78% | 0.79% | 0.88% | 1.06% | 1.04% | 1.01% | 1.17% | 1.14% | 1.01% | 1.04% | 1.08% |
Vroom's average Quarter revenue forecast for Mar 24 based on 1 analysts is $234.90M, with a low forecast of $234.90M, and a high forecast of $234.90M. VRM's average Quarter revenue forecast represents a -0.43% decrease compared to the company's last Quarter revenue of $235.92M (Dec 23).
Vroom EBITDA Forecast
| Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | 1 | 1 | 3 | 1 | 1 | - | - | - | - | 2 | 2 | 2 | 2 | 1 | 1 | 1 |
| EBITDA | - | - | - | - | $-116.17M | $-59.53M | $-46.69M | $-63.03M | $-71.21M | $-67.59M | $-91.78M | $-114.72M | $-118.47M | $-87.60M | $-58.61M | $-70.31M | $-56.04M | $-34.36M | $-60.79M |
| Avg Forecast | $-41.05M | $-37.33M | $-35.56M | $-496.60M | $-111.70M | $-111.72M | $-81.56M | $-451.45M | $-101.55M | $-101.56M | $-74.14M | $-410.41M | $-92.32M | $-92.33M | $-58.61M | $-77.01M | $-56.04M | $-39.93M | $-52.11M |
| High Forecast | $-41.05M | $-37.33M | $-35.56M | $-397.28M | $-89.36M | $-89.38M | $-65.25M | $-361.16M | $-81.24M | $-81.25M | $-59.31M | $-328.33M | $-73.85M | $-73.86M | $-46.89M | $-61.61M | $-56.04M | $-31.95M | $-41.68M |
| Low Forecast | $-41.05M | $-37.33M | $-35.56M | $-595.92M | $-134.04M | $-134.06M | $-97.87M | $-541.74M | $-121.86M | $-121.88M | $-88.97M | $-492.49M | $-110.78M | $-110.80M | $-70.33M | $-92.41M | $-56.04M | $-47.92M | $-62.53M |
| Surprise % | - | - | - | - | 1.04% | 0.53% | 0.57% | 0.14% | 0.70% | 0.67% | 1.24% | 0.28% | 1.28% | 0.95% | 1.00% | 0.91% | 1.00% | 0.86% | 1.17% |
undefined analysts predict VRM's average Quarter EBITDA for undefined to be $NaN, with a high of $NaN and a low of $NaN. This is NaN% lower than Vroom's previous annual EBITDA (undefined) of $NaN.
Vroom Net Income Forecast
| Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | 1 | 1 | 3 | 1 | 1 | - | - | - | - | 2 | 2 | 2 | 2 | 1 | 1 | 1 |
| Net Income | - | - | - | - | $-141.32M | $-82.86M | $-66.32M | $-75.04M | $24.77M | $-51.13M | $-115.09M | $-310.46M | $-129.79M | $-98.12M | $-65.81M | $-77.19M | $-60.66M | $-37.85M | $-63.23M |
| Avg Forecast | $-77.24M | $-50.56M | $-64.60M | $-487.24M | $-122.38M | $-125.15M | $-91.57M | $-442.94M | $-111.25M | $-113.77M | $-83.25M | $-402.67M | $-101.14M | $-103.43M | $-65.81M | $-84.54M | $-52.31M | $-43.99M | $-54.20M |
| High Forecast | $-77.24M | $-50.56M | $-64.60M | $-389.79M | $-97.90M | $-100.12M | $-73.26M | $-354.35M | $-89.00M | $-91.01M | $-66.60M | $-322.14M | $-80.91M | $-82.74M | $-52.65M | $-67.63M | $-52.31M | $-35.19M | $-43.36M |
| Low Forecast | $-77.24M | $-50.56M | $-64.60M | $-584.68M | $-146.85M | $-150.17M | $-109.88M | $-531.53M | $-133.50M | $-136.52M | $-99.90M | $-483.21M | $-121.36M | $-124.11M | $-78.97M | $-101.45M | $-52.31M | $-52.79M | $-65.03M |
| Surprise % | - | - | - | - | 1.15% | 0.66% | 0.72% | 0.17% | -0.22% | 0.45% | 1.38% | 0.77% | 1.28% | 0.95% | 1.00% | 0.91% | 1.16% | 0.86% | 1.17% |
Vroom's average Quarter net income forecast for Mar 23 is $-442.94M, with a range of $-531.53M to $-354.35M. VRM's average Quarter net income forecast represents a -1888.58% decrease compared to the company's last Quarter net income of $24.77M (Dec 22).
Vroom SG&A Forecast
| Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | 1 | 1 | 3 | 1 | 1 | - | - | - | - | 2 | 2 | 2 | 2 | 1 | 1 | 1 |
| SG&A | - | - | - | - | $77.58M | $79.59M | $86.95M | $96.54M | $90.76M | $134.64M | $152.99M | $187.99M | $166.34M | $148.72M | $123.90M | $109.11M | $78.13M | $61.13M | $47.91M |
| Avg Forecast | $68.81M | $62.58M | $59.61M | $54.99M | $156.84M | $189.68M | $172.40M | $59.77M | $142.58M | $172.43M | $156.73M | $243.83M | $129.62M | $156.76M | $123.90M | $119.51M | $93.93M | $71.04M | $41.07M |
| High Forecast | $68.81M | $62.58M | $59.61M | $54.99M | $188.20M | $227.61M | $206.88M | $59.77M | $171.09M | $206.92M | $188.08M | $292.60M | $155.54M | $188.11M | $148.68M | $143.41M | $93.93M | $85.25M | $49.28M |
| Low Forecast | $68.81M | $62.58M | $59.61M | $54.99M | $125.47M | $151.74M | $137.92M | $59.77M | $114.06M | $137.95M | $125.38M | $195.07M | $103.69M | $125.41M | $99.12M | $95.60M | $93.93M | $56.83M | $32.85M |
| Surprise % | - | - | - | - | 0.49% | 0.42% | 0.50% | 1.62% | 0.64% | 0.78% | 0.98% | 0.77% | 1.28% | 0.95% | 1.00% | 0.91% | 0.83% | 0.86% | 1.17% |
Vroom's average Quarter SG&A projection for Mar 24 is $54.99M, based on 1 Wall Street analysts, with a range of $54.99M to $54.99M. The forecast indicates a -29.11% fall compared to VRM last annual SG&A of $77.58M (Dec 23).
Vroom EPS Forecast
| Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | 1 | 1 | 3 | 1 | 1 | - | - | - | - | 2 | 2 | 2 | 2 | 1 | 1 | 1 |
| EPS | - | - | - | - | $-0.08 | $-0.59 | $-0.48 | $-0.54 | $0.18 | $-0.37 | $-0.83 | $-2.26 | $-0.95 | $-0.72 | $-0.48 | $-0.57 | $-0.46 | $-0.31 | $-2.00 |
| Avg Forecast | $-44.00 | $-28.80 | $-36.80 | $-45.60 | $-29.60 | $-35.93 | $-40.80 | $-44.64 | $-50.53 | $-49.38 | $-60.25 | $-81.13 | $-61.34 | $-58.53 | $-39.30 | $-49.75 | $-29.80 | $-29.11 | $-43.91 |
| High Forecast | $-44.00 | $-28.80 | $-36.80 | $-45.60 | $-29.60 | $-34.09 | $-40.80 | $-44.64 | $-50.53 | $-49.38 | $-60.25 | $-81.13 | $-61.34 | $-58.53 | $-39.30 | $-49.75 | $-29.80 | $-29.11 | $-43.91 |
| Low Forecast | $-44.00 | $-28.80 | $-36.80 | $-45.60 | $-29.60 | $-37.77 | $-40.80 | $-44.64 | $-50.53 | $-49.38 | $-60.25 | $-81.13 | $-61.34 | $-58.53 | $-39.30 | $-49.75 | $-29.80 | $-29.11 | $-43.91 |
| Surprise % | - | - | - | - | 0.00% | 0.02% | 0.01% | 0.01% | -0.00% | 0.01% | 0.01% | 0.03% | 0.02% | 0.01% | 0.01% | 0.01% | 0.02% | 0.01% | 0.05% |
According to 1 Wall Street analysts, Vroom's projected average Quarter EPS for Mar 23 is $-44.64, with a low estimate of $-44.64 and a high estimate of $-44.64. This represents a -24899.87% decrease compared to VRM previous annual EPS of $0.18 (Dec 22).
VRM Forecast FAQ
Is Vroom a good buy?
No, according to 3 Wall Street analysts, Vroom (VRM) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 33.33% of VRM's total ratings.
What is VRM's price target?
Vroom (VRM) average price target is $17.02 with a range of $1.5 to $51, implying a 52.37% from its last price of $11.17. The data is based on 3 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Vroom stock go up soon?
According to Wall Street analysts' prediction for VRM stock, the company can go up by 52.37% (from the last price of $11.17 to the average price target of $17.02), up by 356.58% based on the highest stock price target, and down by -86.57% based on the lowest stock price target.
Can Vroom stock reach $20?
VRM's highest twelve months analyst stock price target of $51 supports the claim that Vroom can reach $20 in the near future.
What are Vroom's analysts' financial forecasts?
VRM's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $1.05B (high $1.05B, low $1.05B), average EBITDA is $-611M (high $-511M, low $-710M), average net income is $-680M (high $-582M, low $-777M), average SG&A $245.99M (high $245.99M, low $245.99M), and average EPS is $-155 (high $-155, low $-155).
Did the VRM's actual financial results beat the analysts' financial forecasts?
Based on Vroom's last annual report (Dec 2023), the company's revenue was $893.2M, which missed the average analysts forecast of $956.95M by -6.66%. Apple's EBITDA was $-277M, missing the average prediction of $-756M by -63.42%. The company's net income was $-366M, missing the average estimation of $-782M by -53.26%. Apple's SG&A was $340.66M, missing the average forecast of $578.69M by -41.13%. Lastly, the company's EPS was $-0.21, missing the average prediction of $-151 by -99.86%. In terms of the last quarterly report (Dec 2023), Vroom's revenue was $235.92M, beating the average analysts' forecast of $232M by 1.69%. The company's EBITDA was $-116M, beating the average prediction of $-112M by 4.00%. Vroom's net income was $-141M, beating the average estimation of $-122M by 15.48%. The company's SG&A was $77.58M, missing the average forecast of $156.84M by -50.53%. Lastly, the company's EPS was $-0.0805, missing the average prediction of $-29.6 by -99.73%