VICINITY MOTOR CORP (VEV) Forecast, Price Target & Analyst Ratings

NASDAQ:VEV • CA9256541058

Current stock price

0.0201 USD
-0.03 (-58.3%)
At close:
0.01 USD
-0.01 (-50.25%)
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 VICINITY MOTOR CORP (VEV).

Forecast Snapshot

Consensus Price Target

Price Target
$0.81
+ 3,943.97% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
Nov 27, 2024
Period
Q2 / 2024
EPS Estimate
-$0.06
Revenue Estimate
58.87M
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
37.50%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
$0.81
Upside
+ 3,943.97%
From current price of $0.02 to mean target of $0.81, Based on 8 analyst forecasts
Low
$0.80
Median
$0.81
High
$0.84

Price Target Revisions

1 Month
7.97%
3 Months
-47.35%

Price Target Summary

8 Wall Street analysts provided a forecast for the next 12 months for VEV. The average price target is 0.81 USD. This implies a price increase of 3943.97% is expected in the next year compared to the current price of 0.0201.
The average price target has been revised downward by 47.35% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

VEV Current Analyst RatingVEV Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 0.5 1 1.5 2 2.5

Analyst Ratings History

VEV Historical Analyst RatingsVEV Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 2 4 6 8

Analyst Ratings Consensus

ChartMill Buy Consensus
37.50%
VEV was analyzed by 8 analysts. The buy percentage consensus is at 38. So analysts seem to be rather negative about VEV.
In the last month the buy percentage fell by 46 points. So the trust of analysts is decreasing.
VEV was analyzed by 8 analysts. More opinions would make the average more meaningful.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2024-10-18Alliance Global PartnersDowngrade Neutral -> Sell

Next Earnings Forecast Details

Next Earnings Details

Release Date
Nov 27, 2024
Period
Q2 / 2024
EPS Estimate
-$0.06
Revenue Estimate
58.87M
Revenue Q2Q
1,122.38%
EPS Q2Q
-207.35%
Number of Analysts
4

Next Earnings Revisions

Revenue (1 Month)
0.00%
Revenue (3 Months)
0.00%
EPS (1 Month)
0.00%
EPS (3 Months)
0.00%

Next Earnings Summary

VEV is expected to report earnings on 11/27/2024. The consensus EPS estimate for the next earnings is -0.06 USD and the consensus revenue estimate is 58.87M USD.
The next earnings revenue estimate has been revised downward by 0% in the past 3 months.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates 2024 - 2025

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2021 2022 2023 2024 2025
Revenue
YoY % growth
VEV revenue by date.VEV revenue by date.
30.665M
111.46%		18.475M
-39.75%		19.05M
3.11%		240.1M
1,160.37%		152.88M
-36.33%
EBITDA
YoY % growth
VEV ebitda by date.VEV ebitda by date.
-3.353M
-86.39%		-10.072M
-200.35%		-7.966M
20.91%		27.374M
443.64%		20.607M
-24.72%
EBIT
YoY % growth
VEV ebit by date.VEV ebit by date.
-4.266M
-81.86%		-13.038M
-205.64%		-9.385M
28.02%		17.709M
288.69%		13.58M
-23.32%
Operating Margin
VEV operating margin by date.VEV operating margin by date.
-13.91%-70.57%-49.27%7.38%8.88%
EPS
YoY % growth
VEV eps by date.VEV eps by date.
N/A
-198.55%		-0.53
-156.31%		-0.34
35.42%		-0.42
-24.01%		0.18
143.21%

All data in USD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q2 / 24 Q3 / 24 Q4 / 24
EPS
Q2Q % growth		-0.06
-207.35%		-0.03
81.95%		0.08
168.17%
Revenue
Q2Q % growth		58.87M
1,122.38%		61.187M
602.73%		64.911M
836.26%
EBITDA
Q2Q % growth		6.396M
2,352.11%		7.405M
610.34%		8.101M
378.29%
EBIT
Q2Q % growth		3.98M
570.45%		4.989M
311.40%		5.685M
231.29%

All data in USD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

VEV Yearly Revenue VS EstimatesVEV Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 50M 100M 150M 200M
VEV Yearly EPS VS EstimatesVEV Yearly EPS VS EstimatesYearly EPS VS Estimates 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 -0.2 -0.4 -0.6

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
N/A
EPS Next 5 Year
N/A

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
N/A
Revenue Next 5 Year
N/A

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
N/A
EBIT Next 5 Year
N/A
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

VICINITY MOTOR CORP / VEV Forecast FAQ

What is the average price target for VICINITY MOTOR CORP (VEV) stock?

8 analysts have analysed VEV and the average price target is 0.81 USD. This implies a price increase of 3943.97% is expected in the next year compared to the current price of 0.0201.

What is the next earnings date for VEV stock?

VICINITY MOTOR CORP (VEV) will report earnings on 2024-11-27, after the market close.

What are the consensus estimates for VEV stock next earnings?

The consensus EPS estimate for the next earnings of VICINITY MOTOR CORP (VEV) is -0.06 USD and the consensus revenue estimate is 58.87M USD.