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Wall Street's Best Analysts Update Their Acuity Forecasts Before Q1 Earnings

MarketDash Editorial Team
2 days ago
Acuity Inc. reports first-quarter earnings on Thursday, with analysts expecting significant year-over-year growth. Top Wall Street forecasters have been adjusting their price targets, with several raising expectations following the company's fourth-quarter results.

Acuity Inc. (AYI) is set to report first-quarter earnings results before Thursday's opening bell, and Wall Street's most accurate forecasters have been busy updating their expectations.

The Atlanta-based company is expected to deliver quarterly earnings of $4.59 per share, which would mark a solid improvement from $3.97 per share in the same period last year. Revenue projections look equally encouraging, with the consensus estimate sitting at $1.14 billion compared to $951.6 million a year earlier.

These updated forecasts come after Acuity reported fourth-quarter results on October 1, showing net sales growth of 17.1% year-over-year to $1.21 billion. The growth was impressive, though the company did fall slightly short of the $1.23 billion analyst consensus.

Shares of Acuity climbed 0.9% on Monday, closing at $376.69, as investors position themselves ahead of the earnings announcement.

What the Top Analysts Are Saying

Several highly-rated Wall Street analysts have weighed in recently, and most are feeling optimistic. Here's how the most accurate forecasters are viewing AYI heading into earnings:

Christopher Glynn at Oppenheimer, who boasts an 81% accuracy rate, maintained an Outperform rating and bumped his price target from $380 to $435 on October 2, 2025. That's the most bullish view among the group.

Joseph O'Dea at Wells Fargo, with a 68% accuracy rate, kept his Overweight rating and raised his target from $380 to $405 on the same day. Morgan Stanley's Christopher Snyder (66% accuracy) also maintained an Overweight rating while increasing his target from $365 to $425.

Not everyone is quite as enthusiastic, though. Brian Lee at Goldman Sachs (60% accuracy) maintained a Neutral rating but still raised his price target from $312 to $356 on October 2, 2025. Timothy Wojs at Baird (55% accuracy) also stuck with a Neutral rating while lifting his target from $335 to $360 on September 25, 2025.

The pattern here is interesting: even the neutral-rated analysts are raising their price targets, suggesting that Acuity's growth trajectory is commanding attention across the Street, regardless of rating category.

Wall Street's Best Analysts Update Their Acuity Forecasts Before Q1 Earnings

MarketDash Editorial Team
2 days ago
Acuity Inc. reports first-quarter earnings on Thursday, with analysts expecting significant year-over-year growth. Top Wall Street forecasters have been adjusting their price targets, with several raising expectations following the company's fourth-quarter results.

Acuity Inc. (AYI) is set to report first-quarter earnings results before Thursday's opening bell, and Wall Street's most accurate forecasters have been busy updating their expectations.

The Atlanta-based company is expected to deliver quarterly earnings of $4.59 per share, which would mark a solid improvement from $3.97 per share in the same period last year. Revenue projections look equally encouraging, with the consensus estimate sitting at $1.14 billion compared to $951.6 million a year earlier.

These updated forecasts come after Acuity reported fourth-quarter results on October 1, showing net sales growth of 17.1% year-over-year to $1.21 billion. The growth was impressive, though the company did fall slightly short of the $1.23 billion analyst consensus.

Shares of Acuity climbed 0.9% on Monday, closing at $376.69, as investors position themselves ahead of the earnings announcement.

What the Top Analysts Are Saying

Several highly-rated Wall Street analysts have weighed in recently, and most are feeling optimistic. Here's how the most accurate forecasters are viewing AYI heading into earnings:

Christopher Glynn at Oppenheimer, who boasts an 81% accuracy rate, maintained an Outperform rating and bumped his price target from $380 to $435 on October 2, 2025. That's the most bullish view among the group.

Joseph O'Dea at Wells Fargo, with a 68% accuracy rate, kept his Overweight rating and raised his target from $380 to $405 on the same day. Morgan Stanley's Christopher Snyder (66% accuracy) also maintained an Overweight rating while increasing his target from $365 to $425.

Not everyone is quite as enthusiastic, though. Brian Lee at Goldman Sachs (60% accuracy) maintained a Neutral rating but still raised his price target from $312 to $356 on October 2, 2025. Timothy Wojs at Baird (55% accuracy) also stuck with a Neutral rating while lifting his target from $335 to $360 on September 25, 2025.

The pattern here is interesting: even the neutral-rated analysts are raising their price targets, suggesting that Acuity's growth trajectory is commanding attention across the Street, regardless of rating category.