ACV Auctions Inc. (ACVA) Stock Forecast & Price Target
ACV Auctions Inc. · NYSE
$6.99+0.29 (+4.33%)
15-min delayed · Sep 4, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 9 firms covering ACV Auctions Inc, 4 rate it Buy or better, 3 sit at Hold, and 2 rate it Sell or worse, a moderate buy consensus. Targets range widely, $6.00 to $16.00 (about 2.7x), a sign of real disagreement on valuation. The average target of $9.17 sits 31% above the current $6.99. Sentiment has cooled somewhat, with Sell ratings rising from 1 to 2 over recent months. On the fundamentals, the Street sees revenue growth near 12% this year and 12% next, consensus EPS building from about $0.02 next quarter toward $0.34 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS9 ratings
Moderate Buy
Strong Buy00%
Buy444%
Hold333%
Sell222%
Strong Sell00%
Based on 9 analysts giving stock ratings to ACV Auctions Inc.
As of Sep, 4 of 9 firms rate ACVA a Buy (3 Hold, 2 Sell), the standing distribution of every covering firm's most recent active call.
ACVA EPS & revenue forecast
EPS · NEXT QUARTER
$0.02
Range $0.00 – $0.04 · 10 analysts · -438% YoY
Next period, 10 analysts expect ACV Auctions Inc. to earn $0.02 a share (range $0.00 – $0.04), versus $-0.01 a year earlier. Full-year consensus is $0.20, growing to $0.34 the year after.
REVENUE · NEXT QUARTER
$207.6M
Range $201.2M – $210.7M · 10 analysts · +12% YoY
Revenue is expected to reach $207.6M (range $201.2M – $210.7M), +12.0% year-over-year. Full-year consensus is $848.2M, rising to $944.1M next year.
Top analysts covering ACV Auctions Inc.
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on ACVA.
#1
Nicholas Jones
JMP Securities · Rank #321
Buy
$20.00+186.1% to target
Overall win rate
33%
+ Follow
#2
Chris Pierce
Needham · Rank #323
Buy
$9.00+28.8% to target
Overall win rate
37%
+ Follow
#3
Gary Prestopino
Barrington Research · Rank #331
Hold
$7.00+0.1% to target
Overall win rate
30%
+ Follow
#4
Eric Sheridan
Goldman Sachs · Rank #415
Buy
$10.00+43.1% to target
Overall win rate
31%
+ Follow
#5
Andrew Boone
JMP Securities · Rank #446
Buy
$18.00+157.5% to target
Overall win rate
19%
+ Follow
ACVA stock forecast FAQ
What is ACVA's average 12-month price target?+
The 9 analysts with a live target average $9.17 for ACV Auctions Inc. over the next 12 months, ranging from a $16.00 high to a $6.00 low.
Is ACVA stock a Buy, Sell or Hold right now?+
The current consensus is Moderate Buy. Of the 9 analyst ratings, 4 are Buy or Strong Buy, 3 are Hold, and 2 are Sell or Strong Sell.
What are the highest and lowest price targets for ACVA?+
The Street-high target is $16.00 (B. Riley Securities), and the Street-low is $6.00 (Barclays). The average of all 9 active targets is $9.17.
How many Wall Street analysts cover ACVA?+
9 analysts have an active rating on ACV Auctions Inc., and 9 firms carry a live 12-month price target.
Who is the most accurate analyst covering ACVA?+
Among analysts who currently cover ACVA, Nicholas Jones of JMP Securities has the strongest overall Quantellect track record (Rank #321). Their current call is Buy with a $20.00 target.
What is ACV Auctions Inc.'s projected EPS for next quarter?+
The consensus estimate is $0.02 per share (range $0.00 – $0.04) across 10 analysts. Full-year EPS is projected at $0.20, rising to $0.34 the following year.
How much revenue is ACV Auctions Inc. expected to report next quarter?+
Consensus revenue is $207.6M (range $201.2M – $210.7M). Full-year revenue is projected at $848.2M, growing to $944.1M next year.
Have analysts been upgrading or downgrading ACVA lately?+
As of Sep, 4 of 9 firms rate ACVA a Buy (3 Hold, 2 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their ACVA calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.
