Arcimoto - FUV Stock Forecast, Price & News

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Arcimoto in the last year. There are currently 1 sell rating and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" FUV shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in FUV, but not buy additional shares or sell existing shares.
View FUV analyst ratings or view top-rated stocks.

2 analysts have issued 12 month target prices for Arcimoto's stock. Their FUV share price forecasts range from $140.00 to $140.00. On average, they expect the company's share price to reach $140.00 in the next year. This suggests a possible upside of 6,411.6% from the stock's current price.
View analysts price targets for FUV or view top-rated stocks among Wall Street analysts.

Arcimoto's stock was trading at $3.30 at the start of the year. Since then, FUV shares have decreased by 34.8% and is now trading at $2.15.
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Arcimoto saw a increase in short interest in January. As of January 15th, there was short interest totaling 617,300 shares, an increase of 10.5% from the December 31st total of 558,800 shares. Based on an average trading volume of 381,400 shares, the days-to-cover ratio is currently 1.6 days. Approximately 24.3% of the company's stock are sold short.
View Arcimoto's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, March 30th 2023.
View our FUV earnings forecast.

Arcimoto, Inc. (NASDAQ:FUV) released its quarterly earnings data on Monday, November, 14th. The company reported ($7.60) EPS for the quarter, topping analysts' consensus estimates of ($7.80) by $0.20. The firm had revenue of $2.02 million for the quarter, compared to the consensus estimate of $1.20 million. Arcimoto had a negative trailing twelve-month return on equity of 151.21% and a negative net margin of 1,319.34%. During the same period in the previous year, the business earned ($6.20) earnings per share.

Arcimoto shares reverse split before market open on Wednesday, November 30th 2022. The 1-20 reverse split was announced on Wednesday, November 30th 2022. The number of shares owned by shareholders was adjusted after the market closes on Wednesday, November 30th 2022. An investor that had 100 shares of stock prior to the reverse split would have 5 shares after the split.

Based on aggregate information from My MarketBeat watchlists, some companies that other Arcimoto investors own include Tesla (TSLA), NIO (NIO), Sorrento Therapeutics (SRNE), Telefonaktiebolaget LM Ericsson (publ) (ERIC), Vaxart (VXRT), Advanced Micro Devices (AMD), Organigram (OGI), Electrameccanica Vehicles (SOLO), Blink Charging (BLNK) and Nokia Oyj (NOK).

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

Arcimoto's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Bank of Montreal Can (0.00%) and Concourse Financial Group Securities Inc. (0.00%). Insiders that own company stock include Galileo Russell, Jesse Grant Eisler and Terry L Becker.
View institutional ownership trends.

Shares of FUV 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.
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One share of FUV stock can currently be purchased for approximately $2.15.

Arcimoto (NASDAQ:FUV) has a market capitalization of $5.50 million and generates $4.39 million in revenue each year. The company earns $-47,560,000.00 in net income (profit) each year or ($35.80) on an earnings per share basis.

The company employs 232 workers across the globe.

Arcimoto's mailing address is 2034 WEST 2ND AVENUE, EUGENE OR, 97402. The official website for the company is www.arcimoto.com. The company can be reached via phone at (541) 683-6293 or via email at investor@arcimoto.com.