Advantage Solutions Inc. (ADV)
NASDAQ: ADV · IEX Real-Time Price · USD
3.62
-0.24 (-6.22%)
Dec 29, 2023, 4:00 PM EST - Market closed
Advantage Solutions Stock Forecast
Stock Price Forecast
According to 2 stock analysts, the average 12-month stock price forecast for ADV stock stock is $3.15, which predicts a decrease of -12.98%. The lowest target is $3.00 and the highest is $3.30. On average, analysts rate ADV stock stock as a buy.
Analyst Consensus: Buy
* Price targets were last updated on Aug 8, 2023.
Analyst Ratings
The average analyst rating for ADV stock from 3 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jul '23 | Aug '23 | Sep '23 | Oct '23 | Nov '23 | Dec '23 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 3 | 2 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 2 | 2 | 2 | 2 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Canaccord Genuity | Canaccord Genuity | Strong Buy Initiates n/a | Strong Buy | Initiates | n/a | n/a | Dec 6, 2023 |
| Goldman Sachs | Goldman Sachs | Hold Maintains $3 → $3 | Hold | Maintains | $3 → $3 | -8.84% | Aug 8, 2023 |
| Morgan Stanley | Morgan Stanley | Hold Reiterates $3 | Hold | Reiterates | $3 | -17.13% | Aug 7, 2023 |
| Goldman Sachs | Goldman Sachs | Hold Maintains $3 → $3 | Hold | Maintains | $3 → $3 | -19.89% | Mar 3, 2023 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $4 → $3 | Hold | Maintains | $4 → $3 | -17.13% | Jan 4, 2023 |
Financial Forecast
Revenue This Year
4.32B
from 4.05B
Increased by 6.75%
Revenue Next Year
4.41B
from 4.32B
Increased by 1.90%
EPS This Year
0.43
from -4.33
EPS Next Year
0.49
from 0.43
Increased by 13.95%
Revenue Forecast
| Revenue | 2023 | 2024 | 2025 |
|---|---|---|---|
| High | 4.5B | 4.6B | 4.8B |
| Avg | 4.3B | 4.4B | 4.5B |
| Low | 4.2B | 4.2B | 4.3B |
Revenue Growth
| Revenue Growth | 2023 | 2024 | 2025 |
|---|---|---|---|
| High | 11.2% | 7.1% | 8.1% |
| Avg | 6.7% | 1.9% | 2.0% |
| Low | 3.2% | -2.0% | -2.9% |
EPS Forecast
| EPS | 2023 | 2024 | 2025 |
|---|---|---|---|
| High | 0.48 | 0.53 | 0.58 |
| Avg | 0.43 | 0.49 | 0.54 |
| Low | 0.38 | 0.47 | 0.49 |
EPS Growth
| EPS Growth | 2023 | 2024 | 2025 |
|---|---|---|---|
| High | - | 20.9% | 16.7% |
| Avg | - | 14.0% | 8.2% |
| Low | - | 8.3% | -1.0% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.