Logo image of RIDE

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

USA - Nasdaq - NASDAQ:RIDE - US54405Q2093 - Common Stock

2.2 USD
+0.05 (+2.33%)
Last: 7/6/2023, 8:17:01 PM
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 2023-08-02/bmo
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 Latest News, Press Relases and Analysis

a year ago - By: The Motley Fool - Mentions: WFC GS MA MGA ...
2 years ago - By: InvestorPlace - Mentions: PTRA

RIDE Competitors/Peers

The largest stocks on the US markets in the "Automobile Manufacturers" sub-industry
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TA
FA
PE
Market Cap
TSLA TESLA INC 205.84 1.30T
GM GENERAL MOTORS CO 7.01 66.96B
F FORD MOTOR CO 9.5 51.06B
RIVN RIVIAN AUTOMOTIVE INC-A N/A 18.03B
THO THOR INDUSTRIES INC 20.8 5.31B
LCID LUCID GROUP INC N/A 3.78B
WGO WINNEBAGO INDUSTRIES 20.7 974.60M
FFAI FARADAY FUTURE INTELLIGENT E N/A 164.88M
FLYE FLY-E GROUP INC N/A 127.01M
WKHS WORKHORSE GROUP INC N/A 16.77M
EVTV ENVIROTECH VEHICLES INC N/A 3.67M
SBLX STABLEX TECHNOLOGIES INC N/A 2.32M

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 stock price of LORDSTOWN MOTORS CORP-CL A today?

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


What is the dividend status of LORDSTOWN MOTORS CORP-CL A?

RIDE does not pay a dividend.


How is the ChartMill rating for LORDSTOWN MOTORS CORP-CL A?

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


What is the Price/Earnings (PE) ratio of LORDSTOWN MOTORS CORP-CL A (RIDE)?

LORDSTOWN MOTORS CORP-CL A (RIDE) does not have a PE ratio as the earnings reported over the last twelve months were negative (-28.54).


Can you provide the market cap for LORDSTOWN MOTORS CORP-CL A?

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


What is the ownership structure of LORDSTOWN MOTORS CORP-CL A (RIDE)?

You can find the ownership structure of LORDSTOWN MOTORS CORP-CL A (RIDE) on the Ownership tab.


RIDE Technical Analysis


Chartmill TA Rating
Chartmill Setup Rating

RIDE Fundamental Analysis

ChartMill assigns a fundamental rating of 3 / 10 to RIDE. While RIDE has a great health rating, there are worries on its profitability.


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