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


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ACVA Stock Forecast


ACV Auctions stock forecast is as follows: an average price target of $20.33 (represents a -2.91% downside from ACVA’s last price of $20.94) and a rating consensus of 'Buy', based on 5 wall street analysts offering a 1-year stock forecast.

ACVA Price Target


The average price target for ACV Auctions (ACVA) is $20.33 based on 1-year price targets from 5 Wall Street analysts in the past 3 months, with a price target range of $24.00 to $16.00. This represents a potential -2.91% downside from ACVA's last price of $20.94.

ACVA Analyst Ratings


Buy

According to 5 Wall Street analysts, ACV Auctions's rating consensus is 'Buy'. The analyst rating breakdown for ACVA stock is 0 'Strong Buy' (0.00%), 5 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

ACV Auctions Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Jun 07, 2024Nicholas JonesJMP Securities$21.00$17.6718.85%0.29%
May 09, 2024Eric SheridanGoldman Sachs$24.00$17.4737.38%14.61%
May 09, 2024Alexander PotterPiper Sandler$16.00$17.32-7.62%-23.59%
Jun 20, 2023Chris PierceNeedham$23.00$17.9128.46%9.84%
Sep 07, 2022Needham$12.00$8.4142.69%-42.69%
Jul 05, 2022Needham$9.00$6.4938.67%-57.02%
Jun 30, 2022JMP Securities$10.00$6.4754.56%-52.24%
Jun 10, 2022Goldman Sachs$14.00$7.5685.19%-33.14%
May 18, 2022JMP Securities$20.00$8.06148.14%-4.49%
May 12, 2022Truist Financial$18.00$8.38114.80%-14.04%
Apr 20, 2022Citigroup$20.00$14.1341.54%-4.49%

The latest ACV Auctions stock forecast, released on Jun 07, 2024 by Nicholas Jones from JMP Securities, set a price target of $21.00, which represents a 18.85% increase from the stock price at the time of the forecast ($17.67), and a 0.29% increase from ACVA last price ($20.94).

ACV Auctions Price Target by Period


1M3M12M
# Anlaysts--3
Avg Price Target--$20.33
Last Closing Price$20.94$20.94$20.94
Upside/Downside-100.00%-100.00%-2.91%

In the current month, the average price target of ACV Auctions stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to ACV Auctions's last price of $20.94. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Oct 22, 2024JefferiesUnderperformUnderperformHold
Oct 22, 2024JMP SecuritiesMarket OutperformMarket OutperformHold
Oct 22, 2024JefferiesBuyBuyHold
Sep 17, 2024JMP SecuritiesOutperformOutperformHold
Sep 09, 2024Edward JonesUnderperformUnderperformHold
Sep 09, 2024JMP SecuritiesMarket OutperformMarket OutperformHold
Aug 05, 2024Piper SandlerBuyBuyHold
Aug 05, 2024NeedhamUnderperformUnderperformHold
Jul 10, 2024Piper SandlerMarket OutperformMarket OutperformHold
Jul 10, 2024NeedhamUnderperformUnderperformHold
Jun 07, 2024JMP SecuritiesOutperformOutperformHold
Jun 03, 2024NeedhamUnderperformUnderperformHold
Jun 03, 2024Piper SandlerBuyBuyHold
May 16, 2024NeedhamBuyBuyHold
May 09, 2024NeedhamUnderperformUnderperformHold
May 09, 2024Piper SandlerBuyBuyHold
May 09, 2024Goldman SachsBuyBuyHold
May 09, 2024Piper SandlerNeutralNeutralHold
May 09, 2024JMP SecuritiesOutperformOutperformHold
Jan 10, 2024Northcoast ResearchBuyUpgrade
Jun 20, 2023NeedhamBuyBuyHold
May 11, 2023Canaccord GenuityBuyBuyHold
Sep 07, 2022NeedhamBuyBuyHold
Jul 05, 2022NeedhamBuyBuyHold
Jun 10, 2022Goldman SachsBuyBuyHold
May 18, 2022JMP SecuritiesMarket OutperformMarket OutperformHold

ACV Auctions's last stock rating was published by Jefferies on Oct 22, 2024. The company gave ACVA a "Underperform" rating, the same as its previous rate.

ACV Auctions Financial Forecast


ACV Auctions Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21
Revenue-------------$119.01M$124.22M$119.63M$97.97M$105.42M$115.07M$103.06M$100.18M$91.80M$97.37M$69.09M
Avg Forecast$239.08M$262.20M$251.89M$229.35M$192.17M$208.59M$202.11M$188.86M$155.42M$160.41M$156.26M$143.93M$118.24M$118.30M$119.78M$108.94M$99.39M$104.88M$111.06M$101.52M$86.39M$87.61M$75.03M$57.99M
High Forecast$253.26M$277.74M$266.82M$242.95M$203.57M$220.96M$214.09M$204.97M$157.07M$160.74M$156.26M$143.93M$119.43M$121.06M$126.88M$115.40M$105.28M$104.88M$111.06M$101.52M$86.39M$87.61M$75.03M$57.99M
Low Forecast$228.65M$250.76M$240.90M$219.35M$183.79M$199.49M$193.29M$178.87M$153.65M$160.07M$156.26M$143.93M$116.80M$114.47M$114.56M$104.19M$95.05M$104.88M$111.06M$101.52M$86.39M$87.61M$75.03M$57.99M
# Analysts545443481094451366555111211109
Surprise %-------------1.01%1.04%1.10%0.99%1.01%1.04%1.02%1.16%1.05%1.30%1.19%

ACV Auctions's average Quarter revenue forecast for Dec 23 based on 5 analysts is $118.24M, with a low forecast of $116.80M, and a high forecast of $119.43M. ACVA's average Quarter revenue forecast represents a -0.65% decrease compared to the company's last Quarter revenue of $119.01M (Sep 23).

ACV Auctions EBITDA Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21
# Analysts545443481094451366555111211109
EBITDA-------------$-6.21M$-2.50M$-14.15M$-21.66M$-20.05M$-21.52M$-26.53M$-23.13M$-22.13M$-7.45M$-15.22M
Avg Forecast$-65.78M$-72.14M$-69.31M$-63.10M$-52.88M$-57.39M$-55.61M$-51.96M$-42.76M$-44.14M$-42.99M$-26.08M$-32.53M$-32.55M$-32.96M$-23.71M$-29.26M$-28.87M$-30.57M$-21.56M$-23.78M$-24.12M$-20.65M$-19.02M
High Forecast$-62.91M$-68.99M$-66.28M$-60.35M$-50.57M$-54.89M$-53.18M$-49.21M$-42.28M$-44.04M$-42.99M$-20.87M$-32.14M$-31.50M$-31.52M$-18.97M$-23.41M$-28.87M$-30.57M$-17.24M$-23.78M$-24.12M$-20.65M$-15.22M
Low Forecast$-69.68M$-76.42M$-73.41M$-66.85M$-56.01M$-60.80M$-58.91M$-56.40M$-43.22M$-44.23M$-42.99M$-31.30M$-32.86M$-33.31M$-34.91M$-28.45M$-35.11M$-28.87M$-30.57M$-25.87M$-23.78M$-24.12M$-20.65M$-22.82M
Surprise %-------------0.19%0.08%0.60%0.74%0.69%0.70%1.23%0.97%0.92%0.36%0.80%

undefined analysts predict ACVA's average Quarter EBITDA for undefined to be $NaN, with a high of $NaN and a low of $NaN. This is NaN% lower than ACV Auctions's previous annual EBITDA (undefined) of $NaN.

ACV Auctions Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21
# Analysts545443481094451366555111211109
Net Income-------------$-18.24M$-15.58M$-18.20M$-24.52M$-23.67M$-24.52M$-29.50M$-26.31M$-24.80M$-9.69M$-17.38M
Avg Forecast----$9.23M$13.32M$12.39M$7.63M$-2.47M$2.45M$3.10M$-29.00M$-7.82M$-8.45M$-10.04M$-26.36M$-33.28M$-20.70M$-22.91M$-23.96M$-29.46M$-25.40M$-25.28M$-21.72M
High Forecast----$9.94M$14.35M$13.35M$11.87M$-2.33M$2.51M$3.12M$-23.20M$-5.86M$-7.85M$-9.47M$-21.09M$-26.63M$-20.70M$-22.91M$-19.17M$-29.46M$-25.40M$-25.28M$-17.38M
Low Forecast----$8.71M$12.56M$11.69M$4.24M$-2.66M$2.38M$3.08M$-34.80M$-9.77M$-9.06M$-10.81M$-31.63M$-39.94M$-20.70M$-22.91M$-28.76M$-29.46M$-25.40M$-25.28M$-26.06M
Surprise %-------------2.16%1.55%0.69%0.74%1.14%1.07%1.23%0.89%0.98%0.38%0.80%

ACV Auctions's average Quarter net income forecast for undefined is $NaN, with a range of $NaN to $NaN. ACVA's average Quarter net income forecast represents a NaN% decrease compared to the company's last Quarter net income of $NaN (undefined).

ACV Auctions SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21
# Analysts545443481094451366555111211109
SG&A-------------$40.80M$41.18M$41.80M$36.74M$34.70M$36.14M$36.05M$35.89M$33.79M$27.51M$23.96M
Avg Forecast$91.84M$100.71M$96.75M$88.10M$73.82M$80.12M$77.63M$72.54M$59.70M$61.62M$60.02M$35.44M$45.42M$45.44M$46.01M$32.22M$45.40M$40.29M$42.66M$29.29M$33.18M$33.65M$28.82M$29.96M
High Forecast$97.28M$106.68M$102.49M$93.32M$78.19M$84.87M$82.24M$78.73M$60.33M$61.74M$60.02M$42.53M$45.87M$46.50M$48.74M$38.67M$54.48M$40.29M$42.66M$35.15M$33.18M$33.65M$28.82M$35.95M
Low Forecast$87.83M$96.32M$92.53M$84.25M$70.60M$76.63M$74.25M$68.71M$59.02M$61.49M$60.02M$28.35M$44.87M$43.97M$44.00M$25.78M$36.32M$40.29M$42.66M$23.43M$33.18M$33.65M$28.82M$23.96M
Surprise %-------------0.90%0.90%1.30%0.81%0.86%0.85%1.23%1.08%1.00%0.95%0.80%

ACV Auctions's average Quarter SG&A projection for Dec 23 is $45.42M, based on 5 Wall Street analysts, with a range of $44.87M to $45.87M. The forecast indicates a 11.33% rise compared to ACVA last annual SG&A of $40.80M (Sep 23).

ACV Auctions EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21
# Analysts545443481094451366555111211109
EPS-------------$-0.11$-0.10$-0.11$-0.16$-0.15$-0.16$-0.19$-0.17$-0.16$-0.06$-0.51
Avg Forecast----$0.06$0.08$0.07$0.05$-0.01$0.01$0.02$0.01$-0.05$-0.05$-0.06$-0.12$-0.13$-0.13$-0.14$-0.15$-0.18$-0.15$-0.15$-0.84
High Forecast----$0.06$0.09$0.08$0.07$-0.01$0.02$0.02$0.01$-0.04$-0.05$-0.06$-0.11$-0.12$-0.13$-0.14$-0.15$-0.18$-0.15$-0.15$-0.84
Low Forecast----$0.05$0.08$0.07$0.03$-0.02$0.01$0.02$0.01$-0.06$-0.05$-0.07$-0.12$-0.14$-0.13$-0.14$-0.15$-0.18$-0.15$-0.15$-0.84
Surprise %-------------2.16%1.61%0.95%1.21%1.19%1.15%1.30%0.95%1.04%0.39%0.61%

According to undefined Wall Street analysts, ACV Auctions's projected average Quarter EPS for undefined is $NaN, with a low estimate of $NaN and a high estimate of $NaN. This represents a NaN% decrease compared to ACVA previous annual EPS of $NaN (undefined).

ACV Auctions Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
ANAutoNation$170.49$229.0034.32%Buy
CARSCars$18.15$23.0026.72%Buy
RUSHARush Enterprises$58.64$66.0012.55%Buy
DRVNDriven Brands$16.70$18.6011.38%Hold
PAGPenske Automotive Group$161.76$180.0011.28%Buy
GPIGroup 1 Automotive$421.48$430.002.02%Buy
KMXCarMax$83.12$84.291.41%Buy
LADLithia Motors$370.77$363.00-2.10%Buy
ACVAACV Auctions$21.08$20.33-3.56%Buy
SAHSonic Automotive$65.41$62.33-4.71%Buy
ABGAsbury Automotive Group$252.30$236.50-6.26%Hold
CARGCarGurus$37.14$31.75-14.51%Buy

ACVA Forecast FAQ


Is ACV Auctions a good buy?

Yes, according to 5 Wall Street analysts, ACV Auctions (ACVA) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 5 'Buy' recommendations, accounting for 100.00% of ACVA's total ratings.

What is ACVA's price target?

ACV Auctions (ACVA) average price target is $20.33 with a range of $16 to $24, implying a -2.91% from its last price of $20.94. The data is based on 5 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will ACV Auctions stock go up soon?

According to Wall Street analysts' prediction for ACVA stock, the company can go down by -2.91% (from the last price of $20.94 to the average price target of $20.33), up by 14.61% based on the highest stock price target, and down by -23.59% based on the lowest stock price target.

Can ACV Auctions stock reach $30?

ACVA's average twelve months analyst stock price target of $20.33 does not support the claim that ACV Auctions can reach $30 in the near future.

What are ACV Auctions's analysts' financial forecasts?

ACV Auctions's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $791.74M (high $843.59M, low $755.44M), average EBITDA is $-218M (high $-208M, low $-232M), average net income is $42.58M (high $49.51M, low $37.2M), average SG&A $304.12M (high $324.04M, low $290.18M), and average EPS is $0.257 (high $0.299, low $0.224). ACVA's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $982.52M (high $1.04B, low $939.66M), average EBITDA is $-270M (high $-259M, low $-286M), average net income is $0 (high $0, low $0), average SG&A $377.4M (high $399.78M, low $360.94M), and average EPS is $0 (high $0, low $0).

Did the ACVA's actual financial results beat the analysts' financial forecasts?

Based on ACV Auctions's last annual report (Dec 2022), the company's revenue was $421.53M, beating the average analysts forecast of $416.86M by 1.12%. Apple's EBITDA was $-89.749M, missing the average prediction of $-110M by -18.60%. The company's net income was $-102M, beating the average estimation of $-101M by 1.32%. Apple's SG&A was $143.64M, missing the average forecast of $157.64M by -8.88%. Lastly, the company's EPS was $-0.65, beating the average prediction of $-0.543 by 19.60%. In terms of the last quarterly report (Sep 2023), ACV Auctions's revenue was $119.01M, beating the average analysts' forecast of $118.3M by 0.60%. The company's EBITDA was $-6.212M, missing the average prediction of $-32.549M by -80.92%. ACV Auctions's net income was $-18.238M, beating the average estimation of $-8.454M by 115.74%. The company's SG&A was $40.8M, missing the average forecast of $45.44M by -10.22%. Lastly, the company's EPS was $-0.11, beating the average prediction of $-0.051 by 115.64%