Stocklytics Platform
Asset logo for symbol ACVA
ACV Auctions
ACVA65
$21.00arrow_drop_up0.96%$0.19
High Growth
Asset logo for symbol ACVA
ACVA65

$21.00

arrow_drop_up0.96%

Analyst Forecast

Period: Next 12 Months

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Analyst Ratings

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ACV Auctions (ACVA) Stocklytics Forecast

According to the latest stock price prediction for ACV Auctions Inc. (ACVA), analysts forecast a positive trend in the company's stock price. With the increasing demand for online car auctions and the company's strong performance in the market, ACV Auctions Inc. is expected to experience significant growth in the coming years. Machine learning algorithms and artificial intelligence technologies also indicate a positive outlook for ACVA stock. Based on these predictions, it is likely that ACV Auctions Inc. will continue to perform well and attract investors.
In terms of stock price forecast for ACV Auctions Inc. (ACVA) in 2023, experts predict a significant increase in the company's value. ACVA stock is expected to reach new heights as the company expands its operations and gains more market share. Analysts have set a price target for ACV Auctions Inc., indicating their confidence in the company's growth potential. With positive analyst ratings and a promising future, ACVA stock could be a good buy for investors looking to capitalize on the booming online car auction industry.
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Frequently Asked Questions

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What is the analyst price prediction for ACV Auctions (ACVA) stock?

Analysts have set a target price of $20.81 for ACV Auctions (ACVA), based on forecasts from 26 analysts. The predicted price range extends from a high of $23 to a low of $15. This represents a potential increase of up to 9.52% and a decrease of -28.57% from the current price of $21. These forecasts are as of 2023 Jun 06.
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What are the analyst ratings for ACV Auctions (ACVA) stock?

The analyst ratings for ACV Auctions (ACVA) are distributed as follows: 11 analysts recommend buying, 3 have a neutral stance, and 0 suggest selling. The prevailing sentiment among the total of 14 analysts leans towards a buy rating. These ratings indicate the general sentiment among the analysts covering ACV Auctions.
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What is the AI price prediction for ACV Auctions (ACVA) stock?

At present, there is no AI or machine-learning-based price prediction available for ACV Auctions (ACVA) stock. The lack of a forecast could stem from various factors, such as inadequate data or the necessity for model recalibration.

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