ACV Auctions Inc. (ACVA) Stock Forecast & Price Target
ACV Auctions Inc. · NYSE
$8.19+0.15 (+1.87%)
15-min delayed · Jul 28, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 11 firms covering ACV Auctions Inc, 5 rate it Buy or better, 5 sit at Hold, and 1 rate it Sell or worse, a moderate buy consensus. The target range is very wide, $6.00 to $18.00 (about 3.0x), which points to deep disagreement over how to value the company rather than near-term timing. The average target of $10.14 sits 24% above the current $8.19. The rating mix has stayed broadly stable, with Buy-side ratings easing from 6 to 5 over recent months. On the fundamentals, the Street sees revenue growth near 12% this year and 12% next, consensus EPS building from about $0.08 next quarter toward $0.33 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS11 ratings
Moderate Buy
Strong Buy00%
Buy545%
Hold545%
Sell19%
Strong Sell00%
Based on 11 analysts giving stock ratings to ACV Auctions Inc.
As of Jul, 5 of 11 firms rate ACVA a Buy (5 Hold, 1 Sell), the standing distribution of every covering firm's most recent active call.
ACVA EPS & revenue forecast
EPS · NEXT QUARTER
$0.08
Range $0.03 – $0.10 · 11 analysts · +17% YoY
Next period, 11 analysts expect ACV Auctions Inc. to earn $0.08 a share (range $0.03 – $0.10), versus $0.07 a year earlier. Full-year consensus is $0.20, growing to $0.33 the year after.
REVENUE · NEXT QUARTER
$223.7M
Range $221.0M – $225.6M · 11 analysts · +12% YoY
Revenue is expected to reach $223.7M (range $221.0M – $225.6M), +12.0% year-over-year. Full-year consensus is $851.1M, rising to $951.6M 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 #255
Buy
$20.00+144.2% to target
Overall win rate
34%
+ Follow
#2
Chris Pierce
Needham · Rank #262
Buy
$9.00+9.9% to target
Overall win rate
35%
+ Follow
#3
Gary Prestopino
Barrington Research · Rank #274
Hold
$7.00-14.5% to target
Overall win rate
31%
+ Follow
#4
Eric Sheridan
Goldman Sachs · Rank #341
Buy
$10.00+22.1% to target
Overall win rate
32%
+ Follow
#5
Andrew Boone
JMP Securities · Rank #370
Buy
$18.00+119.8% to target
Overall win rate
22%
+ Follow
ACVA stock forecast FAQ
What is ACVA's average 12-month price target?+
The 11 analysts with a live target average $10.14 for ACV Auctions Inc. over the next 12 months, ranging from a $18.00 high to a $6.00 low.
Is ACVA stock a Buy, Sell or Hold right now?+
The current consensus is Moderate Buy. Of the 11 analyst ratings, 5 are Buy or Strong Buy, 5 are Hold, and 1 are Sell or Strong Sell.
What are the highest and lowest price targets for ACVA?+
The Street-high target is $18.00 (JMP Securities), and the Street-low is $6.00 (B of A Securities). The average of all 11 active targets is $10.14.
How many Wall Street analysts cover ACVA?+
11 analysts have an active rating on ACV Auctions Inc., and 11 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 #255). 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 $0.08 per share (range $0.03 – $0.10) across 11 analysts. Full-year EPS is projected at $0.20, rising to $0.33 the following year.
How much revenue is ACV Auctions Inc. expected to report next quarter?+
Consensus revenue is $223.7M (range $221.0M – $225.6M). Full-year revenue is projected at $851.1M, growing to $951.6M next year.
Have analysts been upgrading or downgrading ACVA lately?+
As of Jul, 5 of 11 firms rate ACVA a Buy (5 Hold, 1 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.