Can you provide the average price target for PROTERRA INC stock?
12 analysts have analysed PTRA and the average price target is 3.73 USD. This implies a price increase of 5469.36% is expected in the next year compared to the current price of 0.067.
PROTERRA INC (PTRA) Forecast, Price Target & Analyst Ratings
NASDAQ:PTRA • US74374T1097
Current stock price
0.067 USD
-0.02 (-25.56%)
At close:
0.065 USD
0 (-2.99%)
After Hours:
Analyst forecast overview
View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for PROTERRA INC (PTRA).
Forecast Snapshot
Next Earnings Forecast
Earnings Estimate- Release Date
- N/A
- Period
- Q3 / 2023
- EPS Estimate
- -$0.20
- Revenue Estimate
- 143.9M
Price Target Details & History
Consensus Price Target and Range
Mean target
$3.73
Upside
+ 5,469.35%
From current price of $0.07 to mean target of $3.73, Based on 12 analyst forecasts
Low
$1.41
Median
$3.83
High
$6.30
Price Target Revisions
1 Month
0.00%
3 Months
-12.75%
Price Target Summary
12 Wall Street analysts provided a forecast for the next 12 months for PTRA. The average price target is 3.73 USD. This implies a price increase of 5469.36% is expected in the next year compared to the current price of 0.067.
The average price target has been revised downward by 12.75% in the past 3 months.
Analyst Ratings & History
Current Analyst Ratings
Analyst Ratings History
Analyst Ratings Consensus
ChartMill Buy Consensus
78.33%
PTRA was analyzed by 12 analysts. The buy percentage consensus is at 78. So analysts seem to be have mildly positive about PTRA.
In the previous month the buy percentage consensus was at a similar level.
PTRA was analyzed by 12 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.
Recent Upgrades & Downgrades
| Date | Firm | Action | From → To |
|---|---|---|---|
| 2023-08-08 | BTIG | Downgrade | Buy -> Neutral |
| 2023-05-10 | Truist Securities | Maintains | Buy -> Buy |
| 2022-10-17 | BTIG | Initiate | Buy |
| 2022-09-29 | Truist Securities | Initiate | Buy |
| 2022-07-18 | Morgan Stanley | Maintains | Equal-Weight |
| 2022-06-02 | DA Davidson | Initiate | Buy |
| 2022-05-19 | Barclays | Maintains | Equal-Weight |
| 2022-05-16 | Citigroup | Maintains | Neutral |
| 2022-05-13 | B of A Securities | Downgrade | Buy -> Underperform |
| 2022-03-10 | Barclays | Maintains | Equal-Weight |
| 2021-10-22 | Morgan Stanley | Initiate | Equal-Weight |
| 2021-09-24 | Barclays | Initiate | Equal-Weight |
| 2021-08-30 | B of A Securities | Initiate | Buy |
| 2021-07-14 | Citigroup | Initiate | Neutral |
Next Earnings Forecast Details
Next Earnings Details
- Release Date
- N/A
- Period
- Q3 / 2023
- EPS Estimate
- -$0.20
- Revenue Estimate
- 143.9M
- Revenue Q2Q
- 49.55%
- EPS Q2Q
- 55.35%
- Number of Analysts
- 8
Next Earnings Revisions
Revenue (1 Month)
0.00%
Revenue (3 Months)
7.93%
EPS (1 Month)
0.00%
EPS (3 Months)
-3.58%
Next Earnings Summary
The next earnings revenue estimate has been revised upward by 7.93% in the past 3 months. Upward revisions are a positive sign and indicate that analysts are more optimistic about the next earnings compared to 3 months ago.
Full Analyst Estimates 2023 - 2030
Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue YoY % growth | 242.86M | 309.364M 27.38% | 477.99M 54.51% | 753.24M 57.58% | 1.322B 75.51% | 1.9B 43.72% | 2.211B 16.37% | 2.523B 14.11% | 2.808B 11.30% | 3.008B 7.12% | ||
| EBITDA YoY % growth | N/A | -111.94M | -208.249M -86.04% | -147.488M 29.18% | -20.501M 86.10% | 91.943M 548.49% | 189.72M 106.35% | 242.76M 27.96% | 303.96M 25.21% | 353.94M 16.44% | 427.38M 20.75% | |
| EBIT YoY % growth | -1.333M | -127.629M -9,475.50% | -220.855M -73.04% | -185.775M 15.88% | -92.075M 50.44% | 32.999M 135.84% | 162.18M 391.47% | 298.86M 84.28% | 314.16M 5.12% | 383.52M 22.08% | 432.48M 12.77% | |
| Operating Margin | N/A | -52.55% | -71.39% | -38.87% | -12.22% | 2.50% | 8.54% | 13.52% | 12.45% | 13.66% | 14.38% | |
| EPS YoY % growth | N/A | N/A | -1.37 -17.77% | -1.66 -20.84% | -0.43 73.81% | -0.03 92.71% | 0.44 1,487.10% | 0.67 53.49% | 0.85 25.76% | 1.01 19.28% | 1.05 4.04% |
All data in USD
Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates
| Q3 / 23 | Q4 / 23 | Q1 / 24 | Q2 / 24 | Q3 / 24 | Q4 / 24 | |
|---|---|---|---|---|---|---|
| EPS Q2Q % growth | -0.20 55.35% | -0.16 68.04% | -0.14 87.25% | -0.11 57.20% | -0.09 54.31% | -0.08 48.94% |
| Revenue Q2Q % growth | 143.9M 49.55% | 160.98M 101.24% | 168.03M 111.28% | 180.21M 110.25% | 195.13M 35.60% | 210.53M 30.78% |
| EBITDA Q2Q % growth | -30.763M 36.46% | -19.391M 68.22% | -8.906M 84.17% | -6.723M 87.38% | -4.964M 83.86% | -3.488M 82.01% |
| EBIT Q2Q % growth | -44.152M 23.87% | -37.267M 49.37% | -24.786M 59.35% | -21.42M 65.93% | -16.32M 63.04% | -14.688M 60.59% |
All data in USD
Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data
Long Term Forward Growth Forecast Summary
Long Term EPS Growth (CAGR)
EPS Next 3 Year
25.51%
EPS Next 5 Year
20.03%
Long Term Revenue Growth (CAGR)
Revenue Next 3 Year
59.79%
Revenue Next 5 Year
46.82%
Long Term EBIT Growth (CAGR)
EBIT Next 3 Year
35.23%
EBIT Next 5 Year
26.57%
PROTERRA INC / PTRA Forecast FAQ
What are the consensus estimates for PROTERRA INC (PTRA) next earnings?
The consensus EPS estimate for the next earnings of PROTERRA INC (PTRA) is -0.2 USD and the consensus revenue estimate is 143.90M USD.
What is the consensus rating for PTRA stock?
The consensus rating for PROTERRA INC (PTRA) is 78.3333 / 100 . This indicates that analysts generally have a positive outlook on the stock.