ACRE Stock Forecast

Stock Price Forecast

The 5 analysts with 12-month price forecasts for ACRE stock have an average target of 7.10, with a low estimate of 6.50 and a high estimate of 8.00. The average target predicts no change from the current stock price of 7.10.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$6.50	$7.10	$7.00	$8.00
Change	-8.45%	0.00%	-1.41%	+12.68%

* Price targets were last updated on Oct 17, 2024.

Analyst Ratings

The average analyst rating for ACRE stock from 7 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24
Strong Buy	0	0	0	0	0	0
Buy	0	0	0	0	0	0
Hold	5	6	6	5	5	5
Sell	1	1	1	2	2	2
Strong Sell	0	0	0	0	0	0
Total	6	7	7	7	7	7

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Richard Shane JP Morgan	JP Morgan	Hold Maintains $7 → $6.5	Hold	Maintains	$7 → $6.5	-8.45%	Oct 17, 2024
Donald Fandetti Wells Fargo	Wells Fargo	Hold → Sell Downgrades $7.5 → $7	Hold → Sell	Downgrades	$7.5 → $7	-1.41%	Sep 20, 2024
Thomas Catherwood BTIG	BTIG	Hold Initiates n/a	Hold	Initiates	n/a	n/a	Jul 19, 2024
Jade Rahmani Keefe, Bruyette & Woods	Keefe, Bruyette & Woods	Hold Maintains $7.5 → $7	Hold	Maintains	$7.5 → $7	-1.41%	May 10, 2024
Jade Rahmani Keefe, Bruyette & Woods	Keefe, Bruyette & Woods	Hold Maintains $8 → $7.5	Hold	Maintains	$8 → $7.5	+5.63%	Apr 10, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

70.30M

Revenue Next Year

70.63M

from 70.30M

0.48%

from 70.30M

EPS This Year

-0.21

from -0.72

EPS Next Year

0.42

from -0.21

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	-	-	-	-	-	70.30M	70.63M	82.67M
Revenue Growth	39.75%	-19.09%	63.27%	-41.10%	-98.17%	-	0.48%	17.04%
EPS	1.28	0.66	1.42	0.57	-0.72	-0.21	0.42	0.53
EPS Growth	-5.19%	-48.44%	115.15%	-59.86%	-	-	-	24.31%
Forward PE	-	-	-	-	-	-	16.80	13.52
No. Analysts	-	-	-	-	-	10	10	4

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026
High	76.4M	82.8M	90.4M
Avg	70.3M	70.6M	82.7M
Low	63.7M	58.3M	74.5M

Revenue Growth

Revenue Growth	2024	2025	2026
High	-	17.8%	28.0%
Avg	-	0.5%	17.0%
Low	-	-17.1%	5.4%

EPS Forecast

EPS	2024	2025	2026
High	0.03	0.67	0.79
Avg	-0.21	0.42	0.53
Low	-0.34	-0.08	0.27

EPS Growth

EPS Growth	2024	2025	2026
High	-	-	86.4%
Avg	-	-	24.3%
Low	-	-	-35.1%

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.