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S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
China's 1st domestically made passenger plane completes maiden commercial flight
Sell every Stock except ONE (Ad)
In Nigeria’s hard-hit north, families seek justice as armed groups seek control
Biden and McCarthy reach a final deal to avoid US default and now must sell it to Congress
"The $51 Billion Laser Revolution" (Ad)
EgyptAir flight from Cairo blows tire during landing in Saudi Arabia
Russia launched 'largest drone attack' on Ukrainian capital before Kyiv Day; 1 killed
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
'Succession' fans brace for series finale of Emmy-winning hit drama
Turkey's Erdogan wins another term as president, extends rule into 3rd decade
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
China's 1st domestically made passenger plane completes maiden commercial flight
Sell every Stock except ONE (Ad)
In Nigeria’s hard-hit north, families seek justice as armed groups seek control
Biden and McCarthy reach a final deal to avoid US default and now must sell it to Congress
"The $51 Billion Laser Revolution" (Ad)
EgyptAir flight from Cairo blows tire during landing in Saudi Arabia
Russia launched 'largest drone attack' on Ukrainian capital before Kyiv Day; 1 killed
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
'Succession' fans brace for series finale of Emmy-winning hit drama
Turkey's Erdogan wins another term as president, extends rule into 3rd decade
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
China's 1st domestically made passenger plane completes maiden commercial flight
Sell every Stock except ONE (Ad)
In Nigeria’s hard-hit north, families seek justice as armed groups seek control
Biden and McCarthy reach a final deal to avoid US default and now must sell it to Congress
"The $51 Billion Laser Revolution" (Ad)
EgyptAir flight from Cairo blows tire during landing in Saudi Arabia
Russia launched 'largest drone attack' on Ukrainian capital before Kyiv Day; 1 killed
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
'Succession' fans brace for series finale of Emmy-winning hit drama
Turkey's Erdogan wins another term as president, extends rule into 3rd decade
NASDAQ:EMBK

Embark Technology (EMBK) Stock Forecast, Price & News

$2.78
-0.16 (-5.44%)
(As of 05/26/2023 ET)
Compare
Today's Range
$2.78
$2.82
50-Day Range
$2.42
$3.05
52-Week Range
$2.02
$31.60
Volume
655,512 shs
Average Volume
126,209 shs
Market Capitalization
$66.86 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A

EMBK stock logo

About Embark Technology (NASDAQ:EMBK) Stock

Embark Technology, Inc. is a tech start-up engaged in the self-driving vehicle industry in the United States. The company develops self-driving software solutions for the trucking industry specifically but its technology has applications across the automotive world. The business is built around a two-pronged approach that includes the technology to automate the trucking industry and the ability to manage the fleet from a centralized location. Trucks began testing Embark Technology in mid-2022.

The company was incorporated in 2016 and went public in March 2021. Embark Technology, Inc is headquartered in San Francisco and is the longest-operating self-driving truck operation on the market. The company differentiated itself at the beginning of the self-driving car revolution by focusing on freight, delivery, and fleet management and it is a strategy that has helped it stay ahead of the competition.

Also unlike the competition, Embark Technology is focused on the software that will power the system rather than the hardware. This means the company is working in collaboration with, rather than competing, with the OEMs and parts suppliers and that can be seen in the growing number of partnerships with manufacturers and shippers.

Embark Technology's solutions include Embark Driver, Embark Universal Interface, and Embark Guardian. Embark Driver is an autonomous trucking software that relies on sensors for added safety and reliability. By moving on from the map-based software the company is able to create more efficient systems and save costs for businesses.

Among the many stats recorded by the company, three of the most important are 60, 1200, and 5. The 60 is up to 60 seconds of future planning the automated software is ready to execute while driving. 1200 is the number of potential scenarios that are calculated each second as the vehicle traverses the roadways. The 5 is the 5-centimeter degree of control the software has and uses to keep the vehicles moving down the road safely.

Embark Universal Interface is an interoperable self-driving stack that works across truck OEM platforms. Embark Universal Interface is a technology that operates across OEM platforms making it a top choice for fleet managers. The Universal Interface will allow operators to control fleets made of multiple truck brands but relies on the willingness of OEM operators to build vehicles with the hardware installed at the factory.

Embark Guardian is a cloud-based autonomous fleet management solution that gives carriers complete control over their vehicles. The system provides air updates, supports remote vehicle monitoring, aid with remote vehicle assistance, dispatching, and access to real-time data, such as weather, construction delays, and detours.

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EMBK Stock News Headlines

"Chilling War Games Show US Forces Crushed" – FOX NEWS
=== BREAKING === "Chilling War Games Show US Forces Crushed" - FOX NEWS After losing to China in repeated war games, U.S. military to spend billions on new "living missile" for armed forces. Investors stand to reap 35,960% on shares of small defense contractor that makes powerful new weapon. Get the name of the stock here >>>
"Chilling War Games Show US Forces Crushed" – FOX NEWS
=== BREAKING === "Chilling War Games Show US Forces Crushed" - FOX NEWS After losing to China in repeated war games, U.S. military to spend billions on new "living missile" for armed forces. Investors stand to reap 35,960% on shares of small defense contractor that makes powerful new weapon. Get the name of the stock here >>>
Embark Technology, Inc. (EMBK)
EMBK Embark Technology, Inc.
Embark Appoints Penny Herscher as New Board Chair
Why Is Embark Technology (EMBK) Stock Up 80% Today?
Dow Surges 250 Points; Crude Oil Down Over 2%
Embark Announces Second Quarter 2022 Financial Results
See More Headlines
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EMBK Company Calendar

Today
5/28/2023
Next Earnings (Estimated)
5/30/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Computer integrated systems design
Sub-Industry
N/A
Current Symbol
NASDAQ:EMBK
Fax
N/A
Employees
231
Year Founded
N/A

Profitability

Net Income
$-103,160,000.00
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
N/A
Book Value
$5.23 per share

Miscellaneous

Free Float
16,457,000
Market Cap
$66.86 million
Optionable
Not Optionable
Beta
1.54

Key Executives

  • Mr. Alex Rodrigues (Age 27)
    CEO, Founder & Director
    Comp: $180k
  • Mr. Brandon Moak (Age 27)
    CTO, Founder & Director
    Comp: $180k
  • Mr. Richard Hawwa (Age 38)
    Chief Financial Officer
    Comp: $316.35k
  • Mr. Stephen Meyer Houghton
    Chief Operating Officer
  • Mr. Siddhartha Venkatesan (Age 44)
    Chief Legal Officer
  • Ms. Payal Maheshwari
    Head of People & Culture
  • Mr. Sam Abidi
    Chief Commercial Officer
  • Jonny Morris
    Head of Corp. Affairs













EMBK Stock - Frequently Asked Questions

Should I buy or sell Embark Technology stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Embark Technology in the last year. There are currently 2 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" EMBK shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in EMBK, but not buy additional shares or sell existing shares.
View EMBK analyst ratings
or view top-rated stocks.

How have EMBK shares performed in 2023?

Embark Technology's stock was trading at $3.29 at the start of the year. Since then, EMBK shares have decreased by 15.5% and is now trading at $2.78.
View the best growth stocks for 2023 here
.

Are investors shorting Embark Technology?

Embark Technology saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 1,110,000 shares, an increase of 5.7% from the April 30th total of 1,050,000 shares. Based on an average daily trading volume, of 222,800 shares, the short-interest ratio is presently 5.0 days. Currently, 8.5% of the company's stock are sold short.
View Embark Technology's Short Interest
.

When is Embark Technology's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 30th 2023.
View our EMBK earnings forecast
.

When did Embark Technology's stock split?

Shares of Embark Technology reverse split on Wednesday, August 17th 2022. The 1-20 reverse split was announced on Wednesday, August 17th 2022. The number of shares owned by shareholders was adjusted after the closing bell on Wednesday, August 17th 2022. An investor that had 100 shares of stock prior to the reverse split would have 5 shares after the split.

What is Embark Technology's stock symbol?

Embark Technology trades on the NASDAQ under the ticker symbol "EMBK."

Who are Embark Technology's major shareholders?

Embark Technology's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include BML Capital Management LLC (5.49%), Franklin Resources Inc. (1.99%), Simplex Trading LLC (0.00%), Susquehanna International Group LLP (0.00%), Ionic Capital Management LLC (0.00%) and Healthcare of Ontario Pension Plan Trust Fund (0.41%).
View institutional ownership trends
.

How do I buy shares of Embark Technology?

Shares of EMBK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Embark Technology's stock price today?

One share of EMBK stock can currently be purchased for approximately $2.78.

How much money does Embark Technology make?

Embark Technology (NASDAQ:EMBK) has a market capitalization of $66.86 million. The company earns $-103,160,000.00 in net income (profit) each year or ($7.73) on an earnings per share basis.

How many employees does Embark Technology have?

The company employs 231 workers across the globe.

How can I contact Embark Technology?

Embark Technology's mailing address is 4801 MAIN STREET SUITE 1000, KANSAS CITY MO, 64112. The official website for the company is www.embarktrucks.com. The company can be reached via phone at 415-671-9628 or via email at investors@northerngenesis.com.

This page (NASDAQ:EMBK) was last updated on 5/28/2023 by MarketBeat.com Staff

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