ACV Auctions Inc. (ACVA)
NASDAQ: ACVA · Real-Time Price · USD
22.71
-0.46 (-1.99%)
Dec 3, 2024, 12:14 PM EST - Market open
ACV Auctions Stock Forecast
Stock Price Forecast
The 8 analysts with 12-month price forecasts for ACV Auctions stock have an average target of 23.88, with a low estimate of 18 and a high estimate of 27. The average target predicts an increase of 5.15% from the current stock price of 22.71.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for ACV Auctions stock from 9 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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 3 | 3 | 3 | 5 |
| Buy | 4 | 4 | 3 | 3 | 3 | 3 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 10 | 10 | 7 | 7 | 7 | 9 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Citigroup | Citigroup | Strong Buy Maintains $22 → $27 | Strong Buy | Maintains | $22 → $27 | +18.89% | Nov 27, 2024 |
| B. Riley Securities | B. Riley Securities | Strong Buy Maintains $24 → $27 | Strong Buy | Maintains | $24 → $27 | +18.89% | Nov 26, 2024 |
| Needham | Needham | Strong Buy Reiterates $26 | Strong Buy | Reiterates | $26 | +14.49% | Nov 26, 2024 |
| Needham | Needham | Strong Buy Maintains $23 → $26 | Strong Buy | Maintains | $23 → $26 | +14.49% | Nov 8, 2024 |
| Piper Sandler | Piper Sandler | Hold Maintains $16 → $18 | Hold | Maintains | $16 → $18 | -20.74% | Nov 8, 2024 |
Financial Forecast
Revenue This Year
644.96M
from 481.23M
Increased by 34.02%
Revenue Next Year
807.56M
from 644.96M
Increased by 25.21%
EPS This Year
-0.49
from -0.47
EPS Next Year
-0.13
from -0.49
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 666.8M | 866.0M | 1.3B | |||
| Avg | 645.0M | 807.6M | 1.1B | |||
| Low | 611.9M | 737.5M | 963.3M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 38.6% | 34.3% | 63.8% | |||
| Avg | 34.0% | 25.2% | 32.1% | |||
| Low | 27.2% | 14.3% | 19.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | -0.49 | 0.12 | 0.95 | |||
| Avg | -0.49 | -0.13 | 0.53 | |||
| Low | -0.51 | -0.25 | 0.15 |
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.