NASDAQ:FUV - Arcimoto Stock Price, Forecast & News

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

Arcimoto Inc (NASDAQ:FUV) released its quarterly earnings results on Thursday, November, 14th. The company reported ($0.22) earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of ($0.23) by $0.01. The company had revenue of $0.03 million for the quarter, compared to analysts' expectations of $0.28 million. Arcimoto had a negative return on equity of 242.04% and a negative net margin of 30,418.75%. View Arcimoto's Earnings History.

Arcimoto is scheduled to release their next quarterly earnings announcement on Friday, April 3rd 2020. View Earnings Estimates for Arcimoto.

4 equities research analysts have issued 12 month price objectives for Arcimoto's stock. 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 393.8% from the stock's current price. View Analyst Price Targets for Arcimoto.

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.

Media headlines about FUV stock have trended extremely negative recently, InfoTrie reports. The research firm ranks the sentiment of media coverage by reviewing more than six thousand news and blog 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 daily sentiment score of -5.0 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View News Stories for Arcimoto.

Arcimoto saw a decrease in short interest during the month of December. As of December 13th, there was short interest totalling 253,500 shares, a decrease of 42.8% from the November 28th total of 442,900 shares. Based on an average daily trading volume, of 240,900 shares, the short-interest ratio is presently 1.1 days. Currently, 1.8% of the company's shares are sold short. View Arcimoto's Current Options Chain.

Some companies that are related to Arcimoto include Yamaha Motor (YAMHF), Harley-Davidson (HOG), Fox Factory (FOXF), Leatt (LEAT) and ZAP (ZAAP).

Based on aggregate information from My MarketBeat watchlists, some companies that other Arcimoto investors own include Canopy Growth (CGC), Macy's (M), Advanced Micro Devices (AMD), Cronos Group (CRON), Digi International (DGII), Gilead Sciences (GILD), Dave & Buster's Entertainment (PLAY), Rewalk Robotics (RWLK), Tesla (TSLA) and Walgreens Boots Alliance (WBA).

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 $1.62.

Arcimoto has a market capitalization of $31.49 million and generates $90,000.00 in revenue each year. The company earns $-11,050,000.00 in net income (profit) each year or ($0.70) on an earnings per share basis. Arcimoto employs 67 workers across the globe.View Additional Information About Arcimoto.

The official website for Arcimoto is http://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]