Vroom (VRM) Stock Forecast, Price Target & Predictions

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VRM Stock Forecast

Vroom stock forecast is as follows: an average price target of $17.02 (represents a 214.60% upside from VRM’s last price of $5.41) and a rating consensus of 'Hold', based on 4 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 4 Wall Street analysts in the past 3 months, with a price target range of $51.00 to $1.50. This represents a potential 214.60% upside from VRM's last price of $5.41.

VRM Analyst Ratings

Hold

According to 4 Wall Street analysts, Vroom's rating consensus is 'Hold'. The analyst rating breakdown for VRM stock is 0 'Strong Buy' (0.00%), 1 'Buy' (25.00%), 3 'Hold' (75.00%), 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%	-72.27%
May 31, 2022	Naved Khan	Truist Financial	$2.60	$1.43	81.82%	-51.94%
May 10, 2022	Zachary Fadem	Wells Fargo	$2.00	$1.08	85.19%	-63.03%
Mar 02, 2022	Seth Basham	Wedbush	$5.00	$2.98	67.79%	-7.58%
Nov 10, 2021	Nicholas Bacchus	Raymond James	$40.00	$20.62	93.99%	639.37%
Sep 13, 2021	Ronald Josey	JMP Securities	$51.00	$25.87	97.14%	842.70%

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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 -72.27% decrease from VRM last price ($5.41).

Vroom Price Target by Period

	1M	3M	12M
# Anlaysts	-	-	-
Avg Price Target	-	-	-
Last Closing Price	$5.41	$5.41	$5.41
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 $5.41. 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

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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	$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
Low 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
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	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	1	1	1	1	1	1	1	1	1	1	1	1	1	1	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	$-50.30M	$-45.75M	$-43.57M	$-496.60M	$-39.70M	$-41.78M	$-38.60M	$-451.45M	$-101.55M	$-59.92M	$-75.86M	$-410.41M	$-125.96M	$-123.98M	$-90.90M	$-77.01M	$-56.04M	$-43.44M	$-52.11M
High Forecast	$-50.30M	$-45.75M	$-43.57M	$-397.28M	$-39.70M	$-41.78M	$-38.60M	$-361.16M	$-81.24M	$-59.92M	$-75.86M	$-328.33M	$-125.96M	$-123.98M	$-90.90M	$-61.61M	$-56.04M	$-43.44M	$-41.68M
Low Forecast	$-50.30M	$-45.75M	$-43.57M	$-595.92M	$-39.70M	$-41.78M	$-38.60M	$-541.74M	$-121.86M	$-59.92M	$-75.86M	$-492.49M	$-125.96M	$-123.98M	$-90.90M	$-92.41M	$-56.04M	$-43.44M	$-62.53M
Surprise %	-	-	-	-	2.93%	1.42%	1.21%	0.14%	0.70%	1.13%	1.21%	0.28%	0.94%	0.71%	0.64%	0.91%	1.00%	0.79%	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	1	1	1	1	1	1	1	1	1	1	1	1	1	1	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	$-79.23M	$-51.86M	$-66.27M	$-487.24M	$-53.30M	$-64.70M	$-73.47M	$-442.94M	$-111.25M	$-88.91M	$-108.49M	$-402.67M	$-110.45M	$-105.39M	$-70.76M	$-84.54M	$-53.65M	$-52.42M	$-54.20M
High Forecast	$-79.23M	$-51.86M	$-66.27M	$-389.79M	$-53.30M	$-64.70M	$-73.47M	$-354.35M	$-89.00M	$-88.91M	$-108.49M	$-322.14M	$-110.45M	$-105.39M	$-70.76M	$-67.63M	$-53.65M	$-52.42M	$-43.36M
Low Forecast	$-79.23M	$-51.86M	$-66.27M	$-584.68M	$-53.30M	$-64.70M	$-73.47M	$-531.53M	$-133.50M	$-88.91M	$-108.49M	$-483.21M	$-110.45M	$-105.39M	$-70.76M	$-101.45M	$-53.65M	$-52.42M	$-65.03M
Surprise %	-	-	-	-	2.65%	1.28%	0.90%	0.17%	-0.22%	0.58%	1.06%	0.77%	1.18%	0.93%	0.93%	0.91%	1.13%	0.72%	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	1	1	1	1	1	1	1	1	1	1	1	1	1	1	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	$69.37M	$63.09M	$60.09M	$55.44M	$54.76M	$57.61M	$53.24M	$60.26M	$142.58M	$100.45M	$127.16M	$243.83M	$211.16M	$207.83M	$152.38M	$119.51M	$93.93M	$72.83M	$41.07M
High Forecast	$69.37M	$63.09M	$60.09M	$55.44M	$54.76M	$57.61M	$53.24M	$60.26M	$171.09M	$100.45M	$127.16M	$292.60M	$211.16M	$207.83M	$152.38M	$143.41M	$93.93M	$72.83M	$49.28M
Low Forecast	$69.37M	$63.09M	$60.09M	$55.44M	$54.76M	$57.61M	$53.24M	$60.26M	$114.06M	$100.45M	$127.16M	$195.07M	$211.16M	$207.83M	$152.38M	$95.60M	$93.93M	$72.83M	$32.85M
Surprise %	-	-	-	-	1.42%	1.38%	1.63%	1.60%	0.64%	1.34%	1.20%	0.77%	0.79%	0.72%	0.81%	0.91%	0.83%	0.84%	1.17%

Vroom's average Quarter SG&A projection for Mar 24 is $55.44M, based on 1 Wall Street analysts, with a range of $55.44M to $55.44M. The forecast indicates a -28.53% 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	1	1	1	1	1	1	1	1	1	1	1	1	1	1	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	$-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
Low 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
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).

Vroom Peer Comparison by Price Target

Ticker	Company	Last Closing Price	Avg Price Target	Upside/Downside	Avg Rating
VRM	Vroom	$5.41	$17.02	214.60%	Hold
KMX	CarMax	$75.30	$218.00	189.51%	Buy
CWH	Camping World	$22.61	$29.50	30.47%	Buy
SAH	Sonic Automotive	$62.57	$61.00	-2.51%	Hold
CVNA	Carvana	$249.43	$196.90	-21.06%	Buy
CZOO	Cazoo Group	$6.04	$0.10	-98.34%	Buy

VRM Forecast FAQ

Is Vroom a good buy?

No, according to 4 Wall Street analysts, Vroom (VRM) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 25.00% 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 214.60% from its last price of $5.41. The data is based on 4 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 214.60% (from the last price of $5.41 to the average price target of $17.02), up by 842.70% based on the highest stock price target, and down by -72.27% based on the lowest stock price target.

Can Vroom stock reach $8?

VRM's average twelve months analyst stock price target of $17.02 supports the claim that Vroom can reach $8 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 $-636M (high $-537M, low $-736M), average net income is $-685M (high $-587M, low $-782M), average SG&A $247.99M (high $247.99M, low $247.99M), 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 $-572M by -51.58%. The company's net income was $-366M, missing the average estimation of $-634M by -42.38%. Apple's SG&A was $340.66M, beating the average forecast of $225.86M by 50.82%. 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 $-39.704M by 192.59%. Vroom's net income was $-141M, beating the average estimation of $-53.302M by 165.13%. The company's SG&A was $77.58M, beating the average forecast of $54.76M by 41.68%. Lastly, the company's EPS was $-0.0805, missing the average prediction of $-29.6 by -99.73%