NASDAQ:FUVArcimoto Stock Price, Forecast & News

Arcimoto's stock was trading at $1.46 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, FUV shares have increased by 55.5% and is now trading at $2.27. View which stocks have been most impacted by Coronavirus.

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.

Arcimoto is scheduled to release its next quarterly earnings announcement on Thursday, June 4th 2020. View our earnings forecast for Arcimoto.

Arcimoto Inc (NASDAQ:FUV) issued its earnings results on Tuesday, April, 14th. The company reported ($0.20) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of ($0.19) by $0.01. The company had revenue of $0.94 million for the quarter. Arcimoto had a negative net margin of 1,552.73% and a negative return on equity of 259.21%. View Arcimoto's earnings history.

4 brokerages have issued 1 year target prices 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 252.4% from the stock's current price. View analysts' price targets for Arcimoto.

News coverage about FUV stock has been trending very negative this week, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Arcimoto earned a daily sentiment score of -3.0 on InfoTrie's scale. They also assigned news coverage about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the near future. View the latest news aboutArcimoto.

Arcimoto saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 427,200 shares, an increase of 41.3% from the April 30th total of 302,300 shares. Based on an average daily volume of 191,500 shares, the days-to-cover ratio is presently 2.2 days. Currently, 2.9% of the shares of the stock are sold short. View Arcimoto's Current Options Chain.

Some companies that are related to Arcimoto include Cooper-Standard (CPS), Westport Fuel Systems (WPRT), Workhorse Group (WKHS), Power Solutions International (PSIX), Sorl Auto Parts (SORL), Commercial Vehicle Group (CVGI), China Automotive Systems (CAAS), Kaixin Auto (KXIN), Strattec Security (STRT), Horizon Global (HZN), Electrameccanica Vehicles (SOLO), Superior Industries International (SUP), Global X Autonomous & Electric Vehicles ETF (DRIV), ELIO MOTORS INC/SH SH (ELIO) and Autoweb (AUTO). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Arcimoto investors own include Canopy Growth (CGC), Macy's (M), Tesla (TSLA), Aurora Cannabis (ACB), Advanced Micro Devices (AMD), Aphria (APHA), Bank of America (BAC), Carnival (CCL), Canadian Natural Resources (CNQ) and Callon Petroleum (CPE).

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

Arcimoto's stock is owned by a number of retail and institutional investors. Top institutional investors include BlackRock Inc. (0.18%), Valeo Financial Advisors LLC (0.16%) and Greatmark Investment Partners Inc. (0.12%). Company insiders that own Arcimoto stock include Douglas M Campoli, Jeff Curl, Mark Frohnmayer and Terry L Becker. View institutional ownership trends for Arcimoto.

FUV stock was purchased by a variety of institutional investors in the last quarter, including Valeo Financial Advisors LLC, Greatmark Investment Partners Inc., and BlackRock Inc.. Company insiders that have bought Arcimoto stock in the last two years include Douglas M Campoli, Jeff Curl, Mark Frohnmayer, and Terry L Becker. View insider buying and selling activity for Arcimoto.

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 $2.27.

Arcimoto has a market capitalization of $55.55 million and generates $990,000.00 in revenue each year. The company earns $-15,340,000.00 in net income (profit) each year or ($0.85) on an earnings per share basis. Arcimoto employs 67 workers across the globe.

The official website for Arcimoto is 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]