Can you provide the average price target for ROMEO POWER INC stock?
8 analysts have analysed RMO and the average price target is 1.84 USD. This implies a price increase of 424.57% is expected in the next year compared to the current price of 0.35.
ROMEO POWER INC (RMO) Forecast, Price Target & Analyst Ratings
NYSE:RMO • US7761531083
Current stock price
0.35 USD
-0.01 (-3.18%)
At close:
0.37 USD
+0.02 (+5.71%)
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 ROMEO POWER INC (RMO).
Forecast Snapshot
Next Earnings Forecast
Earnings Estimate- Release Date
- Nov 14, 2022
- Period
- Q3 / 2022
- EPS Estimate
- -$0.22
- Revenue Estimate
- 11.36M
Price Target Details & History
Consensus Price Target and Range
Mean target
$1.84
Upside
+ 424.57%
From current price of $0.35 to mean target of $1.84, Based on 8 analyst forecasts
Low
$1.82
Median
$1.84
High
$1.89
Price Target Revisions
1 Month
N/A
3 Months
N/A
Price Target Summary
8 Wall Street analysts provided a forecast for the next 12 months for RMO. The average price target is 1.84 USD. This implies a price increase of 424.57% is expected in the next year compared to the current price of 0.35.
Analyst Ratings & History
Current Analyst Ratings
Analyst Ratings History
Analyst Ratings Consensus
ChartMill Buy Consensus
45.00%
RMO was analyzed by 8 analysts. The buy percentage consensus is at 45. So analysts seem to be rather negative about RMO.
In the previous month the buy percentage consensus was at a similar level.
RMO was analyzed by 8 analysts. More opinions would make the average more meaningful.
Recent Upgrades & Downgrades
| Date | Firm | Action | From → To |
|---|---|---|---|
| 2022-03-02 | BTIG | Downgrade | Buy -> Neutral |
| 2021-08-20 | Morgan Stanley | Maintains | Underweight |
| 2021-04-01 | Morgan Stanley | Maintains | Underweight |
| 2021-03-31 | Williams Financial | Downgrade | Buy -> Hold |
| 2021-03-31 | Morgan Stanley | Maintains | Underweight |
| 2021-03-09 | Cowen & Co. | Initiate | Outperform |
| 2021-02-12 | Morgan Stanley | Initiate | Underweight |
Next Earnings Forecast Details
Next Earnings Details
- Release Date
- Nov 14, 2022
- Period
- Q3 / 2022
- EPS Estimate
- -$0.22
- Revenue Estimate
- 11.36M
- Revenue Q2Q
- 97.26%
- EPS Q2Q
- -48.13%
- Number of Analysts
- 2
Next Earnings Revisions
Revenue (1 Month)
N/A
Revenue (3 Months)
N/A
EPS (1 Month)
N/A
EPS (3 Months)
N/A
Next Earnings Summary
RMO is expected to report earnings on 11/14/2022. The consensus EPS estimate for the next earnings is -0.22 USD and the consensus revenue estimate is 11.36M USD.
Full Analyst Estimates 2022 - 2026
Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | ||
|---|---|---|---|---|---|---|---|---|---|
| Revenue YoY % growth | 8.97M | 16.804M 87.34% | 45.42M 170.29% | 155.832M 243.09% | 339.36M 117.77% | 840M 147.52% | 2.1B 150.00% | ||
| EBITDA YoY % growth | N/A | -32.33M | -114.507M -254.18% | -157.762M -37.77% | -135.643M 14.02% | -9.09M 93.30% | -13.829M -52.14% | -21.25M -53.66% | |
| EBIT YoY % growth | -1.09M | -34.32M -3,048.62% | -117.295M -241.77% | -149.682M -27.61% | -142.966M 4.49% | -18.18M 87.28% | -26.259M -44.44% | -38.309M -45.89% | |
| Operating Margin | N/A | -382.61% | -698.02% | -329.55% | -91.74% | -5.36% | -3.13% | -1.82% | |
| EPS YoY % growth | N/A | N/A | -0.84 -200.60% | -1.02 -21.44% | -0.78 23.76% | -0.56 28.57% | -0.69 -24.92% | -0.88 -26.17% |
All data in USD
Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates
| Q3 / 22 | Q4 / 22 | Q1 / 23 | Q2 / 23 | Q3 / 23 | Q4 / 23 | |
|---|---|---|---|---|---|---|
| EPS Q2Q % growth | -0.22 -48.13% | -0.22 20.64% | -0.38 -12.88% | -0.39 -57.56% | -0.39 -77.27% | -0.36 -63.64% |
| Revenue Q2Q % growth | 11.36M 97.26% | 12.952M 42.88% | 13.534M 16.96% | 17.473M 204.99% | 22.523M 98.26% | 29.997M 131.60% |
| EBITDA Q2Q % growth | -50.096M -98.67% | -51.611M -42.11% | -53.833M -18.22% | -54.338M -42.05% | -52.722M -5.24% | -47.672M 7.63% |
| EBIT Q2Q % growth | -23.23M 14.12% | -24.24M 38.01% | -55.651M -19.33% | -56.56M -41.96% | -55.348M -138.26% | -50.702M -109.17% |
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
10.21%
EPS Next 5 Year
-0.83%
Long Term Revenue Growth (CAGR)
Revenue Next 3 Year
172.45%
Revenue Next 5 Year
162.71%
Long Term EBIT Growth (CAGR)
EBIT Next 3 Year
N/A
EBIT Next 5 Year
N/A
ROMEO POWER INC / RMO Forecast FAQ
When does ROMEO POWER INC (RMO) report earnings?
ROMEO POWER INC (RMO) will report earnings on 2022-11-14, after the market close.
Can you provide the consensus estimates for ROMEO POWER INC next earnings?
The consensus EPS estimate for the next earnings of ROMEO POWER INC (RMO) is -0.22 USD and the consensus revenue estimate is 11.36M USD.
What is the expected long term growth rate for ROMEO POWER INC (RMO)?
The expected long term growth rate for ROMEO POWER INC (RMO) is 172.45%.