ACV Auctions (ACVA) Stock Forecast, Price Target & Predictions


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ACVA Stock Forecast


ACV Auctions (ACVA) stock forecast, based on 5 Wall Street analysts, predicts a 12-month average price target of $20.33, with a high of $24.00 and a low of $16.00. This represents a -5.18% decline from the last price of $21.44.

$15 $16 $17 $18 $19 $20 $21 $22 $23 $24 High: $24 Avg: $20.33 Low: $16 Last Closed Price: $21.44

ACVA Stock Rating


ACV Auctions stock's rating consensus is Buy, based on 5 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 5 Buy (100.00%), 0 Hold (0.00%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Buy
Total 5 0 5 Strong Sell Sell Hold Buy Strong Buy

ACVA Forecast vs Benchmarks


TypeNameUpside
StockACV Auctions-5.18%
SectorConsumer Cyclical Stocks 4.57%
IndustryCar Dealership Stocks-3.70%

Price Target Trends


1M3M12M
# Anlaysts--3
Avg Price Target--$20.33
Last Closing Price$21.44$21.44$21.44
Upside/Downside---5.18%
Ratings Trends

DateStrong BuyBuyHoldSellStrong SellTotal
Jan, 25654--15
Dec, 24653--14
Nov, 24673--16
Oct, 24673--16
Sep, 24673--16
Latest Price Target by Analysts

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Jun 07, 2024Nicholas JonesJMP Securities$21.00$17.6718.85%-2.05%
May 09, 2024Eric SheridanGoldman Sachs$24.00$17.4737.38%11.94%
May 09, 2024Alexander PotterPiper Sandler$16.00$17.32-7.62%-25.37%
Jun 20, 2023Chris PierceNeedham$23.00$17.9128.42%7.28%
Sep 07, 2022Needham$12.00$8.4142.69%-44.03%
Jul 05, 2022Needham$9.00$6.4938.67%-58.02%
Jun 30, 2022JMP Securities$10.00$6.4754.56%-53.36%
Jun 10, 2022Goldman Sachs$14.00$7.5685.19%-34.70%
May 18, 2022JMP Securities$20.00$8.06148.14%-6.72%
May 12, 2022Truist Financial$18.00$8.38114.80%-16.04%
Latest Upgrade/Downgrade by Analysts

DateCompanyPrevious RatingNew RatingRating Change
Oct 22, 2024JefferiesUnderperformUnderperformhold
Oct 22, 2024JefferiesBuyBuyhold
Sep 17, 2024JMP SecuritiesOutperformOutperformhold
Sep 09, 2024Edward JonesUnderperformUnderperformhold
Aug 05, 2024Piper SandlerBuyBuyhold
Jul 10, 2024Piper SandlerMarket OutperformMarket Outperformhold
Jun 07, 2024JMP SecuritiesOutperformOutperformhold
Jun 03, 2024NeedhamUnderperformUnderperformhold
May 16, 2024NeedhamBuyBuyhold
May 09, 2024NeedhamUnderperformUnderperformhold

Financial Forecast


EPS Forecast

Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$-0.62$-0.65$-0.47-----
Avg Forecast$-0.55$-0.45$-0.11$0.06$0.33$0.73$1.29$1.78
High Forecast$-0.57$-0.46$-0.12$0.05$0.23$0.21$1.12$1.70
Low Forecast$-0.53$-0.43$-0.10$0.07$0.46$1.79$1.65$1.88
Surprise %12.73%44.44%327.27%-----

Revenue Forecast

$0 $300M $600M $900M $1B $2B Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$358.44M$421.53M$481.23M-----
Avg Forecast$344.58M$423.03M$481.08M$633.43M$783.90M$1.01B$1.19B$1.39B
High Forecast$334.39M$411.73M$479.69M$631.16M$762.77M$1.01B$1.17B$1.35B
Low Forecast$354.20M$435.70M$482.36M$635.24M$809.70M$1.01B$1.22B$1.45B
Surprise %4.02%-0.36%0.03%-----

Net Income Forecast

$-150M $-50M $50M $150M $250M $350M Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$-78.18M$-102.19M$-75.26M-----
Avg Forecast$-92.41M$-101.73M$-75.26M$9.84M$55.76M$65.85M$221.23M$284.72M
High Forecast$-110.90M$-122.08M$-90.31M$8.20M$37.17M$34.02M$178.68M$272.27M
Low Forecast$-73.93M$-81.38M$-60.21M$11.48M$74.35M$285.78M$263.77M$300.34M
Surprise %-15.40%0.46%------

ACVA Forecast FAQ


Is ACV Auctions stock a buy?

ACV Auctions stock has a consensus rating of Buy, based on 5 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 5 Buy, 0 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that ACV Auctions is a favorable investment for most analysts.

What is ACV Auctions's price target?

ACV Auctions's price target, set by 5 Wall Street analysts, averages $20.33 over the next 12 months. The price target range spans from $16 at the low end to $24 at the high end, suggesting a potential -5.18% change from the previous close price of $21.44.

How does ACV Auctions stock forecast compare to the average forecast of its sector, industry, and investment themes?

ACV Auctions stock forecast shows a -5.18% downside, underperforming the average forecast for the consumer cyclical stocks sector (4.57%) and underperforming the car dealership stocks industry (-3.70%).

What is the breakdown of analyst ratings for ACV Auctions over the past three months?

  • January 2025: 40.00% Strong Buy, 33.33% Buy, 26.67% Hold, 0% Sell, 0% Strong Sell.
  • December 2024: 42.86% Strong Buy, 35.71% Buy, 21.43% Hold, 0% Sell, 0% Strong Sell.
  • November 2024: 37.50% Strong Buy, 43.75% Buy, 18.75% Hold, 0% Sell, 0% Strong Sell.

What is ACV Auctions’s EPS forecast?

ACV Auctions's average annual EPS forecast for its fiscal year ending in December is 0.06 for 2024, a -112.77% decrease from the reported $-0.47 in 2023. The prediction for 2025 is $0.33, $0.73 for 2026, $1.29 for 2027, and $1.78 for 2028.

What is ACV Auctions’s revenue forecast?

ACV Auctions's average annual revenue forecast for its fiscal year ending in December is $633.43M for 2024, a 31.63% increase from the reported $481.23M in 2023. The forecast for 2025 is $783.9M, $1.01B for 2026, $1.19B for 2027, and $1.39B for 2028.

What is ACV Auctions’s net income forecast?

For its fiscal year ending in December, ACV Auctions's average annual net income forecast is $9.84M for 2024, reflecting a -113.07% decrease from the reported $-75.261M in 2023. The projection for 2025 is $55.76M, $65.85M for 2026, $221.23M for 2027, and $284.72M for 2028.