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 (WHO). 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, May 28th 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 for the quarter, missing the Zacks' consensus estimate of ($0.19) by $0.01. The business earned $0.94 million during 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 analysts have issued 12 month price targets for Arcimoto's stock. Their forecasts range from $7.00 to $10.00. On average, they anticipate Arcimoto's share 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.

Press coverage about FUV stock has trended extremely negative this week, InfoTrie Sentiment Analysis reports. The research group scores the sentiment of media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Arcimoto earned a media sentiment score of -4.8 on InfoTrie's scale. They also gave news stories about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the next few days. View the latest news aboutArcimoto.

Arcimoto saw a increase in short interest in 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 trading volume, of 191,500 shares, the days-to-cover ratio is currently 2.2 days. Currently, 2.9% of the company's shares are sold short. View Arcimoto's Current Options Chain.

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