ACV Auctions Inc. (ACVA)
NASDAQ: ACVA · Real-Time Price · USD
21.16
-0.53 (-2.44%)
At close: Jan 31, 2025, 4:00 PM
20.90
-0.26 (-1.23%)
Pre-market: Feb 3, 2025, 5:15 AM EST
ACV Auctions Stock Forecast
Stock Price Forecast
The 10 analysts with 12-month price forecasts for ACV Auctions stock have an average target of 23.8, with a low estimate of 18 and a high estimate of 28. The average target predicts an increase of 12.48% from the current stock price of 21.16.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for ACV Auctions stock from 10 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 5 | 5 | 4 |
| Buy | 3 | 3 | 3 | 3 | 4 | 4 |
| Hold | 1 | 1 | 1 | 1 | 1 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 7 | 7 | 9 | 10 | 10 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Stephens & Co. | Stephens & Co. | Hold Initiates $20 | Hold | Initiates | $20 | -5.48% | Jan 22, 2025 |
| Needham | Needham | Strong Buy Maintains $26 → $28 | Strong Buy | Maintains | $26 → $28 | +32.33% | Dec 26, 2024 |
| JMP Securities | JMP Securities | Buy Reiterates $25 | Buy | Reiterates | $25 | +18.15% | Dec 16, 2024 |
| Citigroup | Citigroup | Strong Buy Maintains $22 → $27 | Strong Buy | Maintains | $22 → $27 | +27.60% | Nov 27, 2024 |
| B. Riley Securities | B. Riley Securities | Strong Buy Maintains $24 → $27 | Strong Buy | Maintains | $24 → $27 | +27.60% | Nov 26, 2024 |
Financial Forecast
Revenue This Year
646.06M
from 481.23M
Increased by 34.25%
Revenue Next Year
804.39M
from 646.06M
Increased by 24.51%
EPS This Year
-0.48
from -0.47
EPS Next Year
-0.17
from -0.48
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 668.9M | 866.0M | 1.3B | |||
| Avg | 646.1M | 804.4M | 1.0B | |||
| Low | 618.4M | 737.5M | 862.2M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 39.0% | 34.0% | 64.5% | |||
| Avg | 34.3% | 24.5% | 29.4% | |||
| Low | 28.5% | 14.1% | 7.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | -0.48 | 0.12 | 0.88 | |||
| Avg | -0.48 | -0.17 | 0.33 | |||
| Low | -0.47 | -0.32 | -0.03 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | - | - | - | |||
| Avg | - | - | - | |||
| Low | - | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.