Electrameccanica Vehicles Corp. (SOLO) Social Stream
Electrameccanica Vehicles Corp (SOLO) Price Targets From Analysts
The tables below show price targets and recommendations from analysts covering Electrameccanica Vehicles Corp.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Current Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2021-08-16 | 3 | $12.25 | $7 | $8.937 | $2.37 | 277.09% |
| 2021-11-11 | 4 | $14 | $7 | $9.375 | $2.37 | 295.57% |
| 2022-03-25 | 3 | $14 | $7 | $10 | $2.37 | 321.94% |
The Trend in the Analyst Price Target
Over the past 45 weeks, SOLO's average price target has gone up $0.93.
Over the past 51 weeks, SOLO's average upside potential has been 152.81%.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2021-05-08 | 2 | 12.43893 | 7.10796 | 9.08866 | 3.61 | 151.76% |
| 2021-08-14 | 5 | 12.26758 | 7.01007 | 8.96453 | 3.48 | 157.6% |
| 2021-09-19 | 3 | 12.10037 | 6.91451 | 8.84340 | 3.56 | 148.41% |
| 2021-09-20 | 3 | 12.24552 | 6.99745 | 8.94948 | 3.30 | 171.2% |
| 2021-09-20 | 3 | 12.40991 | 7.09139 | 9.06962 | 3.30 | 174.84% |
SOLO Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 1 | 3 | 0 | 0 | 0 | 0 | 3 |
The Trend in the Broker Recommendations
SOLO's average broker recommendation rating improved by 1 over the prior 22 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 SOLO as an investment opportunity.
- SOLO has a greater upside potential (average analyst target price relative to current price) than 278.25% of all US stocks.
- SOLO has a higher average analyst price target than 12.17% of Consumer Cyclical stocks.
- In the context of Consumer Cyclical stocks, Electrameccanica Vehicles Corp's number of analysts covering the stock is greater than 36.68% of them.
- To contextualize these metrics, consider that out of Consumer Cyclical stocks, Electrameccanica Vehicles Corp's variance in analysts' estimates is lower than -137.61% of them.
Stocks similar to Electrameccanica Vehicles Corp in the Automobiles and Trucks industry regarding analyst recommendations and price targets are SHYF, KNDI, and ELMS.
What is the outlook for SOLO? Use POWR Ratings for clearer insight into price direction.