Liquidity Services is a high-quality online marketplace operator with a perfect four-quarter earnings-beat streak and excellent cash conversion. The stock trades at a forward P/E of 24.4x, 0.3% from its 52-week high and 3.3% above the analyst target, leaving little room for further gains.
Thesis pillars
- Perfect Earnings Beat Streak→Stable
- Excellent Cash Conversion→Stable
- Price Above Analyst Target→Stable
- +2 more pillars — see the Why tab for full reasoning
Pillars as of Oct 24, 2026, based on the 10-K filed Nov 20, 2025
Liquidity Services, Inc. (LQDT) Stock Analysis
Breakout setup · Catalyst-Driven edge
Consumer Cyclical · Internet Retail
Sell if holding. Analyst target reached at $43.84 — A.R:R is negative (-0.2) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Near 52-week high (4.5% away).
Liquidity Services operates e-commerce marketplaces (GovDeals, Retail Supply Chain Group, Capital Assets Group, and Machinio & Software Solutions) that let corporations and government agencies liquidate surplus, returned, and excess goods to a global buyer base. The company... Read more
Sell if holding. Analyst target reached at $43.84 — A.R:R is negative (-0.2) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Near 52-week high (4.5% away). Chart setup: Golden cross, above all MAs, RSI 61, MACD bullish. Score 5.8/10, moderate confidence.
Passes 7/9 gates (positive momentum, clean insider activity, no SEC red flags, news events none recent, earnings proximity 20d clear, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio. Suitability: aggressive.
About Liquidity Services, Inc.
About Liquidity Services, Inc.
Liquidity Services generated $477.7 million in revenue and $1.6 billion in gross merchandise volume during fiscal 2025 across four segments - GovDeals, Retail Supply Chain Group, Capital Assets Group, and Machinio & Software Solutions - that let corporate and government sellers liquidate surplus, returned, and excess assets. The company's registered buyer base grew 9.5% to 6.0 million in fiscal 2025, and GMV has compounded at 20.4% annually over the past five years, with transactions spanning 160 unique country pairings.
Liquidity Services earns revenue through two transaction models: a consignment model, in which the company earns commission on sales without taking inventory ownership, and a purchase model, in which it buys surplus inventory - including a significant portion sourced under vendor contracts with Amazon.com in its RSCG segment - and resells it while bearing inventory and credit risk. GovDeals serves U.S. and Canadian government agencies selling surplus property and real estate; RSCG resells corporate returns and overstock through Liquidation.com, AllSurplus Deals, and the new Retail Rush physical bin-store format; and CAG handles industrial, heavy equipment, oil and gas, and biopharma surplus for commercial clients. The Machinio & Software Solutions segment operates an equipment search engine and a private-label SaaS auction platform. Marketing depends heavily on organic search traffic from Google and on public cloud infrastructure providers outside the company's direct control.
Show full overview
A single vendor relationship carries outsized weight in Liquidity Services' purchase-transaction business: contracts with Amazon.com supplied $10.1 million of the company's inventory balance as of September 30, 2025, and the 10-K states that if Amazon changed the mix, quantity, or terms of inventory it makes available, Liquidity Services likely could not find replacement inventory from other vendors on acceptable terms, or at all. That risk sits alongside a separate, non-inventory dependency: organic search traffic from Google is described as a significant driver of buyer and seller acquisition, meaning an algorithm change at a single search provider could affect marketplace volume independent of Amazon-sourced inventory availability.
See also: Consumer Cyclical · Internet Retail
From Liquidity Services, Inc.'s most recent 10-K filing, extracted July 6, 2026.
Recent developments
updated 2026-10-29Recent Developments — Liquidity Services, Inc.
Latest news
- NEWS Liquidity Services earnings ahead: Profit puzzle after revenue surge - Investing.com — Investing.com positive
- NEWS Liquidity Services Inc (LQDT) Risk Assessment: Volatility, Financial Risk & Investment Risk - TradingKey — TradingKey neutral
- NEWS Liquidity Services Inc (LQDT) Risk Assessment: Volatility, Financial Risk & Investment Risk - tradingkey.com — tradingkey.com neutral
- NEWS Liquidity Services Inc (LQDT) Technical Analysis: Support, Resistance, Indicators & Moving Averages - TradingKey — TradingKey neutral
- NEWS LQDT|Liquidity Services Inc|Price:38.980|Chg%:+0.810 - tradingkey.com — tradingkey.com neutral
Generated 2026-10-29T13:23:44Z.
Upcoming dated catalysts
Thesis
Key Metrics
Quality Signals
Options Flow
Concentration Risks(10-K Item 1A)
- MEDIUMSupplierAmazon.com vendor inventory (RSCG segment)10-K Item 1A: 'We have vendor contracts with Amazon.com, Inc. in our RSCG segment under which we acquire a significant portion of our purchased inventory'
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Editorial policy
Show full disclosure ▾Hide full disclosure ▴
About TrendMatrix. TrendMatrix is a publisher of general securities research and market commentary. We publish on a regular schedule. All content is the same for every subscriber in a tier — we do not provide personalized investment advice and we do not take into account any individual subscriber's financial situation, investment objectives, risk tolerance, tax situation, or holdings.
Not investment advice. TrendMatrix is not a registered investment adviser. Our content is for informational and educational purposes only. Consult your own licensed investment adviser, broker, or tax professional before making any investment decision.
Conflicts and positions. People who build TrendMatrix, or entities they control, may hold positions, long or short, in securities it covers, and may trade them at any time. Positions are not disclosed individually. Verdicts are generated by an automated model applied by the same rules to every covered stock, and are not adjusted for any position held by the people who build TrendMatrix. We do not accept payment from issuers for coverage.
No paid promotion. TrendMatrix does not accept payment from any issuer, broker, or third party in exchange for coverage of any security.
No fiduciary duty. No fiduciary, advisory, or agency relationship is created between you and TrendMatrix by reading our content or subscribing to our service.
Performance. Past performance is not indicative of future results. Performance figures reflect the published model only and do not reflect any individual subscriber's actual results.
Rating Breakdown
1 floor-breaker
Priced at a premium — multiples above sector norms. Needs delivery on growth + margins to justify.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Sell if holding. Analyst target reached at $43.84 — A.R:R is negative (-0.2) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Near 52-week high (4.5% away). Chart setup: Golden cross, above all MAs, RSI 61, MACD bullish. Prior stop was $41.77. Score 5.8/10, moderate confidence.
Analyst target $43.35 reached (−1.1% from $43.84); no take-profit level is published. Prior stop was $41.77. Stop-loss: $41.77.
Analyst target reached - limited upside remaining; Near 52-week high (4.5% away); Sector modifier (Consumer Cyclical): -1.5.
Liquidity Services, Inc. trades at a P/E of 43.0 (forward 23.8). TrendMatrix value score: 3.8/10. Verdict: Sell.
8 analysts cover LQDT with a consensus score of 4.3/5. Average price target: $51.
What does Liquidity Services, Inc. do?Liquidity Services operates e-commerce marketplaces (GovDeals, Retail Supply Chain Group, Capital Assets Group, and...
Liquidity Services operates e-commerce marketplaces (GovDeals, Retail Supply Chain Group, Capital Assets Group, and Machinio & Software Solutions) that let corporations and government agencies liquidate surplus, returned, and excess goods to a global buyer base. The company earns transaction fees, resale proceeds, and value-added service charges, generating $477.7 million in revenue and $1.6 billion in gross merchandise volume from 6.0 million registered buyers in fiscal 2025. Network effects between its buyer base and thousands of sellers, built over 25 years, differentiate it from fragmented