NASDAQ:FUV - Arcimoto Stock Price, Forecast & News

Arcimoto trades on the NASDAQ under the ticker symbol "FUV."

Arcimoto Inc (NASDAQ:FUV) issued its quarterly earnings results on Thursday, November, 14th. The company reported ($0.22) earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of ($0.23) by $0.01. The company had revenue of $0.03 million for the quarter, compared to analyst estimates of $0.28 million. Arcimoto had a negative net margin of 30,418.75% and a negative return on equity of 242.04%. View Arcimoto's Earnings History.

Arcimoto is scheduled to release their next quarterly earnings announcement on Friday, April 3rd 2020. View Earnings Estimates for Arcimoto.

4 brokerages have issued twelve-month price objectives for Arcimoto's shares. Their forecasts range from $7.00 to $10.00. On average, they expect Arcimoto's stock price to reach $8.00 in the next twelve months. This suggests a possible upside of 342.0% from the stock's current price. View Analyst Price Targets for Arcimoto.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Arcimoto in the last year. There are currently 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Arcimoto.

News articles about FUV stock have been trending somewhat negative recently, according to InfoTrie. The research group scores the sentiment of press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Arcimoto earned a coverage optimism score of -1.8 on InfoTrie's scale. They also assigned news articles about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View News Stories for Arcimoto.

Arcimoto saw a drop in short interest during the month of January. As of January 31st, there was short interest totalling 245,900 shares, a drop of 5.1% from the January 15th total of 259,100 shares. Based on an average daily trading volume, of 263,100 shares, the short-interest ratio is presently 0.9 days. Currently, 1.7% of the company's stock are sold short. View Arcimoto's Current Options Chain.

Some companies that are related to Arcimoto include Yamaha Motor (YAMHF), Harley-Davidson (HOG), Fox Factory (FOXF), Leatt (LEAT) and ZAP (ZAAP).

Based on aggregate information from My MarketBeat watchlists, some companies that other Arcimoto investors own include Canopy Growth (CGC), Macy's (M), Advanced Micro Devices (AMD), Cronos Group (CRON), Digi International (DGII), Gilead Sciences (GILD), Dave & Buster's Entertainment (PLAY), Rewalk Robotics (RWLK), Tesla (TSLA) and Walgreens Boots Alliance (WBA).

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

One share of FUV stock can currently be purchased for approximately $1.81.

Arcimoto has a market capitalization of $35.19 million and generates $90,000.00 in revenue each year. The company earns $-11,050,000.00 in net income (profit) each year or ($0.70) on an earnings per share basis. Arcimoto employs 67 workers across the globe.View Additional Information About Arcimoto.

The official website for Arcimoto is http://www.arcimoto.com/.

Arcimoto's mailing address is 2034 WEST 2ND AVENUE, EUGENE OR, 97402. The company can be reached via phone at 541-683-6293 or via email at [email protected]