LORDSTOWN MOTORS CORP-CL A (RIDE) Stock Price, Forecast & Analysis

USA Nasdaq NASDAQ:RIDE • US54405Q2093

2.2 USD
+0.05 (+2.33%)
At close: Jul 6, 2023
2.1 USD
-0.1 (-4.55%)
After Hours: 7/6/2023, 8:17:01 PM

RIDE Key Statistics, Chart & Performance

Key Statistics
Market Cap35.06M
Revenue(TTM)383.00K
Net Income(TTM)-364.15M
Shares15.94M
Float14.25M
52 Week High55.95
52 Week Low1.13
Yearly DividendN/A
Dividend YieldN/A
EPS(TTM)-28.54
PEN/A
Fwd PEN/A
Earnings (Next)08-02
IPO2019-03-01
Sector
GICS IndustryAutomobiles
GICS IndustryGroupAutomobiles & Components
GICS SubIndustryAutomobile Manufacturers
RIDE short term performance overview.The bars show the price performance of RIDE in the last week, last 2 weeks, last month, last 3 and 6 months. 1 week 2 week 1 month 3 months 6 months 0 -20 -40 -60 -80

RIDE long term performance overview.The bars show the price performance of RIDE in the last 1, 2 and 3 years. 1 year 2 years 3 years -20 -40 -60 -80

The current stock price of RIDE is 2.2 USD. In the past month the price decreased by -29.03%. In the past year, price decreased by -92.03%.

LORDSTOWN MOTORS CORP-CL A / RIDE Daily stock chart

RIDE Technical Analysis


Chartmill TA Rating
Chartmill Setup Rating

RIDE Fundamental Analysis

ChartMill assigns a fundamental rating of 3 / 10 to RIDE. RIDE has a great financial health rating, but its profitability evaluates not so good.


Chartmill FA Analysis
Valuation
Growth
Profitability
Health
Dividend

RIDE Financial Highlights

Over the last trailing twelve months RIDE reported a non-GAAP Earnings per Share(EPS) of -28.54. The EPS decreased by -1305.91% compared to the year before.


Industry RankSector Rank
PM (TTM) N/A
ROA N/A
ROE N/A
Debt/Equity 0
Chartmill High Growth Momentum
EPS Q2Q%-2215.22%
Sales Q2Q%N/A
EPS 1Y (TTM)-1305.91%
Revenue 1Y (TTM)N/A

RIDE Forecast & Estimates

6 analysts have analysed RIDE and the average price target is 15.3 USD. This implies a price increase of 595.45% is expected in the next year compared to the current price of 2.2.

For the next year, analysts expect an EPS growth of 91.8% and a revenue growth 94.21% for RIDE


Analysts
Analysts43.33
Price Target15.3 (595.45%)
EPS Next Y91.8%
Revenue Next Year94.21%

RIDE Ownership

Ownership
Inst Owners0.04%
Ins Owners137.87%
Short Float %N/A
Short RatioN/A

About RIDE

Company Profile

RIDE logo image Lordstown Motors Corp is a US-based company operating in Automobiles industry. Lordstown Motors Corp. is an electric vehicle (EV) company, which is focused on developing light-duty work vehicles. The company is a North American light duty original equipment manufacturer (OEMs) focused on EVs for commercial fleet customers. The Company’s flagship vehicle is the Endurance, an electric full-size pickup truck. The Endurance’s bed box is designed to be fully compatible with existing third-party parts, upfitting options and accessories. The Endurance has four electric in-wheel hub motors. Its use of in-wheel hub motors together with Endurance’s software, is intended to provide traction, maneuverability and handling, making it an ideal vehicle for fleet operators.

Company Info

LORDSTOWN MOTORS CORP-CL A

2300 Hallock Young Road, Lordstown

OHIO 44481 US

CEO: Stephen S. Burns

Employees: 260

RIDE Company Website

Phone: 12342854001.0

LORDSTOWN MOTORS CORP-CL A / RIDE FAQ

What does RIDE do?

Lordstown Motors Corp is a US-based company operating in Automobiles industry. Lordstown Motors Corp. is an electric vehicle (EV) company, which is focused on developing light-duty work vehicles. The company is a North American light duty original equipment manufacturer (OEMs) focused on EVs for commercial fleet customers. The Company’s flagship vehicle is the Endurance, an electric full-size pickup truck. The Endurance’s bed box is designed to be fully compatible with existing third-party parts, upfitting options and accessories. The Endurance has four electric in-wheel hub motors. Its use of in-wheel hub motors together with Endurance’s software, is intended to provide traction, maneuverability and handling, making it an ideal vehicle for fleet operators.


What is the current price of RIDE stock?

The current stock price of RIDE is 2.2 USD. The price increased by 2.33% in the last trading session.


Does LORDSTOWN MOTORS CORP-CL A pay dividends?

RIDE does not pay a dividend.


What is the ChartMill rating of LORDSTOWN MOTORS CORP-CL A stock?

RIDE has a ChartMill Technical rating of 0 out of 10 and a ChartMill Fundamental rating of 3 out of 10.


What is the market capitalization of RIDE stock?

LORDSTOWN MOTORS CORP-CL A (RIDE) has a market capitalization of 35.06M USD. This makes RIDE a Nano Cap stock.


Can you provide the upcoming earnings date for LORDSTOWN MOTORS CORP-CL A?

LORDSTOWN MOTORS CORP-CL A (RIDE) will report earnings on 2023-08-02, before the market open.