ACV Auctions (NYSE:ACVA) Trading Up 9% on Analyst Upgrade

Posted by George Bondi on Aug 12th, 2026

ACV Auctions Inc. (NYSE:ACVA – Get Free Report) traded up 9% during mid-day trading on Wednesday after Stephens upgraded the stock from an equal weight rating to an overweight rating. Stephens now has a $10.50 price target on the stock. ACV Auctions traded as high as $7.92 and last traded at $7.91. 3,358,382 shares traded hands during mid-day trading, a decline of 1% from the average session volume of 3,387,600 shares. The stock had previously closed at $7.26.

A number of other equities analysts have also recently issued reports on the company. Barclays cut ACV Auctions from an “equal weight” rating to an “underweight” rating and set a $8.00 target price on the stock. in a report on Tuesday. Barrington Research raised ACV Auctions from a “hold” rating to a “strong-buy” rating in a report on Monday, August 3rd. Bank of America reiterated an “underperform” rating on shares of ACV Auctions in a research report on Tuesday. Citizens Jmp cut ACV Auctions from an “outperform” rating to a “market perform” rating in a research note on Tuesday. Finally, Weiss Ratings upgraded ACV Auctions from a “sell (e+)” rating to a “sell (d-)” rating in a report on Wednesday, August 5th. Two analysts have rated the stock with a Strong Buy rating, six have given a Buy rating, four have issued a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, ACV Auctions presently has an average rating of “Hold” and a consensus target price of $9.35.

Check Out Our Latest Research Report on ACV Auctions

ACV Auctions News Roundup

Here are the key news stories impacting ACV Auctions this week:

Positive Sentiment: ACV reported second-quarter adjusted earnings of $0.06 per share, above the $0.05 consensus estimate. Revenue rose 10.5% year over year to approximately $213.9 million, while management maintained its 2026 adjusted EBITDA outlook of $73 million to $77 million. ACV Auctions Q2 Earnings Top Estimates
Positive Sentiment: The company forecast third-quarter revenue of $219 million to $225 million, broadly surrounding the $223.6 million analyst consensus, and plans to launch ViPR, a marketplace-services initiative that could support future growth and dealer engagement. ACV Forecasts Q3 Revenue and Launches ViPR
Positive Sentiment: Stephens upgraded ACVA to “overweight” from “equal weight” and assigned a $10.50 price target, signaling confidence that the company’s operating execution and marketplace services can drive upside. Finviz analyst rating information
Positive Sentiment: A report that ACV is evaluating strategic options has added a potential catalyst, including speculation about transactions or other steps to enhance shareholder value. ACV Auctions Strategic Options Report
Neutral Sentiment: Tim Fox, previously ACV’s vice president of investor relations and strategic finance, became chief financial officer on August 11, succeeding Bill Zerella. The transition adds an experienced internal finance leader but also creates uncertainty around the change in senior management. ACV Appoints Tim Fox as Chief Financial Officer
Negative Sentiment: Reported results included a revenue shortfall versus consensus, and some coverage characterized the quarter as a miss. Citizens JMP consequently downgraded ACVA from “outperform” to “market perform,” highlighting continued execution and valuation concerns. ACV Auctions Analyst Downgrade

Institutional Trading of ACV Auctions

Hedge funds have recently modified their holdings of the business. Versant Capital Management Inc increased its holdings in ACV Auctions by 28.8% in the 2nd quarter. Versant Capital Management Inc now owns 6,187 shares of the company’s stock valued at $44,000 after buying an additional 1,382 shares during the period. Fifth Third Bancorp lifted its holdings in shares of ACV Auctions by 72.4% during the 4th quarter. Fifth Third Bancorp now owns 3,383 shares of the company’s stock worth $27,000 after acquiring an additional 1,421 shares during the period. State of Wisconsin Investment Board boosted its position in shares of ACV Auctions by 3.1% during the 4th quarter. State of Wisconsin Investment Board now owns 55,897 shares of the company’s stock valued at $448,000 after acquiring an additional 1,692 shares in the last quarter. ProShare Advisors LLC boosted its position in shares of ACV Auctions by 6.9% during the 4th quarter. ProShare Advisors LLC now owns 30,706 shares of the company’s stock valued at $246,000 after acquiring an additional 1,982 shares in the last quarter. Finally, Hsbc Holdings PLC increased its stake in ACV Auctions by 13.6% in the second quarter. Hsbc Holdings PLC now owns 19,508 shares of the company’s stock valued at $318,000 after acquiring an additional 2,342 shares during the period. Hedge funds and other institutional investors own 88.55% of the company’s stock.

ACV Auctions Stock Performance

The company has a debt-to-equity ratio of 0.46, a current ratio of 1.47 and a quick ratio of 1.47. The firm has a market cap of $1.39 billion, a P/E ratio of -22.05 and a beta of 1.82. The stock’s 50 day moving average is $7.02 and its two-hundred day moving average is $6.17.

About ACV Auctions

(Get Free Report)

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.