NASDAQ:FUVArcimoto Stock Price, Forecast & News

Arcimoto's stock was trading at $1.46 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, FUV shares have increased by 367.1% and is now trading at $6.82. View which stocks have been most impacted by Coronavirus.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Arcimoto in the last year. There are currently 5 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 Wednesday, August 12th 2020. View our earnings forecast for Arcimoto.

Arcimoto Inc (NASDAQ:FUV) posted its quarterly earnings results on Thursday, June, 11th. The company reported ($0.15) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of ($0.15) by $0.00. The firm earned $0.62 million during the quarter, compared to analyst estimates of $1.01 million. Arcimoto had a negative net margin of 990.51% and a negative return on equity of 335.19%. View Arcimoto's earnings history.

5 brokers have issued 12-month target prices for Arcimoto's shares. Their forecasts range from $5.00 to $10.00. On average, they anticipate Arcimoto's share price to reach $7.00 in the next twelve months. This suggests a possible upside of 2.6% from the stock's current price. View analysts' price targets for Arcimoto.

Headlines about FUV stock have trended very negative this week, InfoTrie Sentiment reports. InfoTrie identifies positive and negative news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Arcimoto earned a coverage optimism score of -3.3 on InfoTrie's scale. They also gave news headlines about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the near future. View the latest news about Arcimoto.

Some companies that are related to Arcimoto include XT Energy Group (XTNY), Tenneco (TEN), XPEL (XPEL), Blue Bird (BLBD), HALFORDS GRP PL/ADR (HLFDY), Garrett Motion (GTX), Miller Industries (MLR), Motorcar Parts of America (MPAA), IOCHPE MAXION S/S (IOCJY), Modine Manufacturing (MOD), Cooper-Standard (CPS), Westport Fuel Systems (WPRT), Electrameccanica Vehicles (SOLO), China Automotive Systems (CAAS) and Commercial Vehicle Group (CVGI). 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."

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 $6.82.

Arcimoto has a market capitalization of $166.99 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]