Lordstown Motors Corp. (RIDE) Social Stream
LORDSTOWN MOTORS CORP (RIDE) Price Targets From Analysts
The tables below show price targets and recommendations from analysts covering LORDSTOWN MOTORS CORP.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Current Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2021-11-10 | 5 | $7 | $2 | $4.75 | $2.2 | 115.91% |
| 2021-11-15 | 6 | $7 | $2 | $4.75 | $2.2 | 115.91% |
| 2022-01-03 | 5 | $7 | $2 | $4.75 | $2.2 | 115.91% |
| 2022-03-02 | 5 | $7 | $2 | $4.5 | $2.2 | 104.55% |
| 2022-03-08 | 5 | $5 | $2 | $3.5 | $2.2 | 59.09% |
| 2022-04-01 | 4 | $5 | $3 | $4 | $2.2 | 81.82% |
| 2022-05-09 | 4 | $5 | $3 | $3.666 | $2.2 | 66.64% |
| 2022-05-10 | 4 | $5 | $1 | $3 | $2.2 | 36.36% |
| 2022-05-12 | 4 | $5 | $1 | $2.75 | $2.2 | 25% |
| 2022-06-01 | 3 | $5 | $1 | $2.5 | $2.2 | 13.64% |
| 2022-08-11 | 2 | $5 | $1 | $2.666 | $2.2 | 21.18% |
| 2022-11-09 | 2 | $2 | $1 | $1.5 | $2.2 | -31.82% |
| 2023-01-03 | 1 | $2 | $1 | $1.5 | $2.2 | -31.82% |
| 2023-03-09 | 1 | $1 | $1 | $1 | $2.2 | -54.55% |
| 2023-04-12 | 2 | $1 | $0.5 | $0.833 | $2.2 | -62.14% |
| 2023-05-08 | 2 | $14.992 | $0.449 | $7.645 | $2.2 | 247.5% |
Price Target Last Issued January 3, 2023
The Trend in the Analyst Price Target
RIDE's average price target has moved down $17.56 over the prior 25 months.
Over the past 39 weeks, RIDE's average upside potential has been 190.38%.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2022-08-11 | 2 | 5 | 1.00 | 2.666 | 2.620 | 1.76% |
| 2022-11-09 | 2 | 2 | 1.00 | 1.500 | 1.630 | -7.98% |
| 2023-01-03 | 1 | 2 | 1.00 | 1.500 | 1.130 | 32.74% |
| 2023-03-09 | 1 | 1 | 1.00 | 1.000 | 0.843 | 18.62% |
| 2023-05-08 | 2 | 1 | 0.03 | 0.510 | 0.371 | 37.47% |
RIDE Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 4 | 0 | 0 | 1 | 1 | 1 | 2 |
The Trend in the Broker Recommendations
RIDE's average broker recommendation rating improved by 0.17 over the prior 18 months.
The bullet points below may help you gain a better understanding of what the metrics in the price target and recommendations tables above mean for RIDE as an investment opportunity.
- LORDSTOWN MOTORS CORP's average analyst price target is greater than 32.74% of all US stocks.
- In terms of how LORDSTOWN MOTORS CORP fares relative to Consumer Cyclical stocks, note that its number of analysts covering the stock is higher than 167.85% of that group.
- To contextualize these metrics, consider that out of stocks in the mid market cap category, LORDSTOWN MOTORS CORP's variance in analysts' estimates is lower than -1336.99% of them.
- To contextualize these metrics, consider that out of stocks in the mid market cap category, LORDSTOWN MOTORS CORP's upside potential (average analyst target price relative to current price) is higher than 772.68% of them.
In terms of price targets and recommendations offered by analysts, the stocks in the Automobiles and Trucks industry with the ratings most similar to LORDSTOWN MOTORS CORP are NIU, FSR, and REVG.
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