ACV Auctions Inc. (ACVA)
NASDAQ: ACVA · Real-Time Price · USD
21.53
+0.16 (0.75%)
Jan 17, 2025, 4:00 PM EST - Market closed
ACV Auctions Stock Forecast
Stock Price Forecast
The 9 analysts with 12-month price forecasts for ACV Auctions stock have an average target of 24.22, with a low estimate of 18 and a high estimate of 28. The average target predicts an increase of 12.49% from the current stock price of 21.53.
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 | 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 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 7 | 7 | 9 | 10 | 9 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Needham | Needham | Strong Buy Maintains $26 → $28 | Strong Buy | Maintains | $26 → $28 | +30.05% | Dec 26, 2024 |
| JMP Securities | JMP Securities | Buy Reiterates $25 | Buy | Reiterates | $25 | +16.12% | Dec 16, 2024 |
| Citigroup | Citigroup | Strong Buy Maintains $22 → $27 | Strong Buy | Maintains | $22 → $27 | +25.41% | Nov 27, 2024 |
| B. Riley Securities | B. Riley Securities | Strong Buy Maintains $24 → $27 | Strong Buy | Maintains | $24 → $27 | +25.41% | Nov 26, 2024 |
| Needham | Needham | Strong Buy Reiterates $26 | Strong Buy | Reiterates | $26 | +20.76% | Nov 26, 2024 |
Financial Forecast
Revenue This Year
646.06M
from 481.23M
Increased by 34.25%
Revenue Next Year
804.15M
from 646.06M
Increased by 24.47%
EPS This Year
-0.48
from -0.47
EPS Next Year
-0.15
from -0.48
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 668.9M | 866.0M | 1.3B | |||
| Avg | 646.1M | 804.2M | 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% | 29.2% | |||
| Low | 28.5% | 14.1% | 7.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | -0.48 | 0.12 | 0.95 | |||
| Avg | -0.48 | -0.15 | 0.54 | |||
| Low | -0.47 | -0.32 | 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.