Romeo Power Inc. (RMO) Social Stream
Romeo Power Inc (RMO) Price Targets From Analysts
The tables below show the price targets and recommendations analysts covering RMO.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Current Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2021-11-17 | 2 | $4 | $4 | $4 | $1.68 | 138.1% |
| 2022-02-02 | 1 | $2.5 | $2.5 | $2.5 | $1.68 | 48.81% |
| 2022-03-04 | 2 | $1.8 | $1.8 | $1.8 | $1.68 | 7.14% |
The Trend in the Analyst Price Target
RMO's average price target has moved down $12.14 over the prior 47 weeks.
Over the past 47 weeks, RMO's average upside potential has been 48.45%.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2021-04-10 | 2 | 30 | 6.7 | 13.94 | 9.63 | 44.76% |
| 2021-05-08 | 2 | 30 | 6.7 | 13.94 | 7.72 | 80.57% |
| 2021-09-19 | 5 | 12 | 4.0 | 8.14 | 5.08 | 60.24% |
| 2021-11-08 | 2 | 4 | 4.0 | 4.00 | 4.92 | -18.7% |
| 2021-11-17 | 1 | 4 | 4.0 | 4.00 | 5.17 | -22.63% |
RMO Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 3 | 0 | 0 | 2 | 0 | 0 | 2 |
The Trend in the Broker Recommendations
Over the past 14 months, RMO's average broker recommendation rating worsened by 2.
Use the points listed below to better contextualize what this analyst price target and recommendations data data means for investors.
- Romeo Power Inc's variance in analysts' estimates is lower than almost 100% of all US stocks.
- To contextualize these metrics, consider that out of Automobiles and Trucks stocks, Romeo Power Inc's average analyst price target is greater than 1.52% of them.
- In the context of stocks in the mid market cap category, Romeo Power Inc's number of analysts covering the stock is higher than 8.52% of them.
- In terms of how Romeo Power Inc fares relative to Consumer Cyclical stocks, note that its upside potential (average analyst target price relative to current price) is higher than 301.73% of that group.
Stocks similar to Romeo Power Inc in the Automobiles and Trucks industry regarding analyst recommendations and price targets are MTOR, LCII, and GOEV.
What is the outlook for RMO? Use POWR Ratings for clearer insight into price direction.