ROMEO POWER INC (RMO) Forecast, Price Target & Analyst Ratings
NYSE:RMO • US7761531083
0.35 USD
-0.01 (-3.18%)
At close: Oct 14, 2022
0.37 USD
+0.02 (+5.71%)
After Hours: 10/14/2022, 8:04:01 PM
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
Consensus Price Target
$1.84
+ 424.57% Upside
Next Earnings Forecast
Release DateNov 14, 2022
PeriodQ3 / 2022
EPS Estimate-$0.22
Revenue Estimate11.36M
ChartMill Buy Consensus
45.00%
Weighted Analyst Rating Score
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 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.
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 DateNov 14, 2022
PeriodQ3 / 2022
EPS Estimate-$0.22
Revenue Estimate11.36M
Revenue Q2Q97.26%
EPS Q2Q-48.13%
Number of Analysts2
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
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
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.
When does ROMEO POWER INC (RMO) report earnings?
ROMEO POWER INC (RMO) will report earnings on 2022-11-14, after the market close.
What are the consensus estimates for ROMEO POWER INC (RMO) 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.
Can you provide the consensus rating for ROMEO POWER INC stock?
The consensus rating for ROMEO POWER INC (RMO) is 45 / 100 . This indicates that analysts generally have a neutral outlook on the stock.