Arcimoto Stock Forecast, Price & News

Arcimoto's stock was trading at $1.46 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, FUV stock has increased by 325.0% and is now trading at $6.2050.
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5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Arcimoto in the last year. There are currently 1 hold rating and 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, November 12th 2020.
View our earnings forecast for Arcimoto.

Arcimoto, Inc. (NASDAQ:FUV) announced its earnings results on Wednesday, August, 19th. The company reported ($0.15) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of ($0.12) by $0.03. The business earned $0.27 million during the quarter, compared to analyst estimates of $0.24 million. Arcimoto had a negative net margin of 840.39% and a negative return on equity of 224.42%.
View Arcimoto's earnings history.

5 Wall Street analysts have issued 1 year price objectives for Arcimoto's stock. Their forecasts range from $8.00 to $10.00. On average, they anticipate Arcimoto's share price to reach $8.67 in the next year. This suggests a possible upside of 39.7% from the stock's current price.
View analysts' price targets for Arcimoto.

Arcimoto saw a increase in short interest in the month of September. As of September 30th, there was short interest totaling 1,500,000 shares, an increase of 16.3% from the September 15th total of 1,290,000 shares. Based on an average daily trading volume, of 1,070,000 shares, the short-interest ratio is currently 1.4 days.
View Arcimoto's Short Interest.

Some companies that are related to Arcimoto include Yamaha Motor (YAMHF), Harley-Davidson (HOG), Fox Factory (FOXF), Leatt (LEAT), Curtiss Motorcycles (CMOT) and New Dover Capital (NDVR).
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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 (NOK).

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

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 $6.21.

Arcimoto has a market capitalization of $195.55 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 103 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 i[email protected]