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home / news releases / VRM - Vroom: The Pepsi To Carvana's Coke

VRM - Vroom: The Pepsi To Carvana's Coke

Vroom Inc.
  • Vroom provides an end-to-end e-commerce platform for buying and selling used vehicles.
  • Vroom is similar to Carvana but much smaller. However, the used car market is massive, and there is room for multiple winners.
  • The pandemic has been the perfect storm for Vroom with consumer behavioral patterns shifting towards online car buying.
  • According to my estimates, Vroom has an intrinsic value of ~$30, i.e., it is currently trading at exorbitant valuations.
  • Thus, I rate Vroom a hold at $58.

For further details see:

Vroom: The Pepsi To Carvana's Coke
Stock Information
Company Name: Vroom Inc.
Stock Symbol: VRM
Market: NASDAQ
Website: vroom.com
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