ACV Auctions Inc. (NYSE:ACVA) Receives $9.00 Average Price Target from Brokerages

Shares of ACV Auctions Inc. (NYSE:ACVA) have received an average rating of “Moderate Buy” from the six brokerages that are currently covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and two have assigned a strong buy recommendation to the company. The average 12-month price target among brokers that have covered the stock in the last year is $9.00.

Several brokerages have issued reports on ACVA. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of ACV Auctions in a research note on Monday, December 29th. CJS Securities raised ACV Auctions to a “strong-buy” rating in a report on Thursday, December 11th. Barrington Research raised ACV Auctions from a “hold” rating to a “strong-buy” rating in a research note on Tuesday. Zacks Research cut shares of ACV Auctions from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, November 12th. Finally, Wall Street Zen raised shares of ACV Auctions from a “sell” rating to a “hold” rating in a research note on Sunday, February 1st.

ACV Auctions Stock Performance

NYSE ACVA opened at $4.87 on Wednesday. ACV Auctions has a 52-week low of $4.45 and a 52-week high of $17.54. The company has a fifty day moving average of $7.65 and a 200-day moving average of $8.64. The company has a market capitalization of $847.72 million, a P/E ratio of -12.82 and a beta of 1.63. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.62 and a current ratio of 1.60.

About ACV Auctions

ACV Auctions operates a digital marketplace designed to streamline the wholesale used-vehicle auction process for independent dealerships and larger automotive groups. The platform enables dealers to participate in live, online auctions, submit real-time bids, and access guaranteed-sale programs that reduce the risk of inventory moving. By replicating the dynamics of in-lane bidding in a virtual environment, ACV Auctions connects sellers and buyers across a broad geographic footprint without the need for physical auction attendance.

In addition to its core marketplace, ACV Auctions offers a suite of software tools and data-driven services aimed at improving transparency and decision-making in the remarketing process.