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Denmark says Nord Stream 1 natural gas pipeline has also stopped leaking
Denmark says Nord Stream 1 pipelines stop leaking
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US shift away from coal hits tribal community in New Mexico
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Tesla sales bounce back in Q3 but fall short of estimates
Allies aim for risky Russian oil price cap as winter nears
S&P 500   3,585.62
DOW   28,725.51
QQQ   267.26
Why This Bear Market Is Not Even Close to Being Done…
Tailor an Options Trading Strategy to Fit Your Needs (Ad)pixel
Denmark says Nord Stream 1 natural gas pipeline has also stopped leaking
Denmark says Nord Stream 1 pipelines stop leaking
Tailor an Options Trading Strategy to Fit Your Needs (Ad)pixel
Brazil holds historic election with Lula against Bolsonaro
US shift away from coal hits tribal community in New Mexico
Tailor an Options Trading Strategy to Fit Your Needs (Ad)pixel
Tesla sales bounce back in Q3 but fall short of estimates
Allies aim for risky Russian oil price cap as winter nears
S&P 500   3,585.62
DOW   28,725.51
QQQ   267.26
Why This Bear Market Is Not Even Close to Being Done…
Tailor an Options Trading Strategy to Fit Your Needs (Ad)pixel
Denmark says Nord Stream 1 natural gas pipeline has also stopped leaking
Denmark says Nord Stream 1 pipelines stop leaking
Tailor an Options Trading Strategy to Fit Your Needs (Ad)pixel
Brazil holds historic election with Lula against Bolsonaro
US shift away from coal hits tribal community in New Mexico
Tailor an Options Trading Strategy to Fit Your Needs (Ad)pixel
Tesla sales bounce back in Q3 but fall short of estimates
Allies aim for risky Russian oil price cap as winter nears
S&P 500   3,585.62
DOW   28,725.51
QQQ   267.26
Why This Bear Market Is Not Even Close to Being Done…
Tailor an Options Trading Strategy to Fit Your Needs (Ad)pixel
Denmark says Nord Stream 1 natural gas pipeline has also stopped leaking
Denmark says Nord Stream 1 pipelines stop leaking
Tailor an Options Trading Strategy to Fit Your Needs (Ad)pixel
Brazil holds historic election with Lula against Bolsonaro
US shift away from coal hits tribal community in New Mexico
Tailor an Options Trading Strategy to Fit Your Needs (Ad)pixel
Tesla sales bounce back in Q3 but fall short of estimates
Allies aim for risky Russian oil price cap as winter nears
NASDAQ:HYRE

HyreCar - HYRE Stock Forecast, Price & News

$0.92
-0.03 (-3.16%)
(As of 09/30/2022 12:00 AM ET)
Add
Compare
Today's Range
$0.92
$0.97
50-Day Range
$0.62
$1.37
52-Week Range
$0.56
$9.74
Volume
318,912 shs
Average Volume
7.64 million shs
Market Capitalization
$20.22 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$6.88

HyreCar MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
647.1% Upside
$6.88 Price Target
Short Interest
Healthy
9.59% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
1.06mentions of HyreCar in the last 14 days
Based on 8 Articles This Week
Insider Trading
Acquiring Shares
$1.01 M Bought Last Quarter
Proj. Earnings Growth
Growing
From ($0.83) to ($0.36) Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.45 out of 5 stars

Transportation Sector

44th out of 122 stocks

Automotive Rental & Leasing, Without Drivers Industry

2nd out of 6 stocks

HYRE stock logo

About HyreCar (NASDAQ:HYRE) Stock

HyreCar Inc. operates a car-sharing marketplace in the United States. Its marketplace allows car owners to rent their idle cars to ride-sharing service drivers. The company sourcing vehicles from individual owners, as well as commercial owners of vehicles including car dealerships and fleet owners. HyreCar Inc. was incorporated in 2014 and is headquartered in Los Angeles, California.

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HYRE Stock News Headlines

Form S-1/A HyreCar Inc. - StreetInsider.com
HyreCar Inc. (NASDAQ:HYRE) Short Interest Down 8.6% in August
See More Headlines
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HYRE Company Calendar

Last Earnings
8/15/2022
Today
10/02/2022
Next Earnings (Estimated)
11/08/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Automotive rental & leasing, without drivers
Sub-Industry
N/A
Current Symbol
NASDAQ:HYRE
Fax
N/A
Employees
76
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$6.88
High Stock Price Forecast
$10.50
Low Stock Price Forecast
$4.00
Forecasted Upside/Downside
+647.1%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$-25,950,000.00
Pretax Margin
-48.68%

Debt

Sales & Book Value

Annual Sales
$35.72 million
Book Value
$0.26 per share

Miscellaneous

Free Float
18,742,000
Market Cap
$20.22 million
Optionable
Not Optionable
Beta
2.68

Key Executives

  • Mr. Joseph FurnariMr. Joseph Furnari (Age 41)
    CEO & Director
    Comp: $294.3k
  • Mr. Brian AllanMr. Brian Allan (Age 59)
    Pres
    Comp: $208.7k
  • Mr. Serge De Bock C.F.A. (Age 41)
    Chief Financial Officer
  • Mr. Michael FurnariMr. Michael Furnari (Age 37)
    Chief Bus. Devel. Officer
  • Mr. Ken Grimes (Age 39)
    Special Advisor
    Comp: $197.5k
  • Ms. Megan Behrens (Age 28)
    Sr. Vice-Pres of Product & Operations
  • Mr. Greg Tatem (Age 58)
    Chief Technology Officer
  • John Evans
    Exec. of Investor Relations
  • Mr. Nate Ryan
    VP of Marketing
  • Mr. A. J. Lee
    Sr. VP of Growth













HYRE Stock - Frequently Asked Questions

Should I buy or sell HyreCar stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for HyreCar in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" HYRE shares.
View HYRE analyst ratings
or view top-rated stocks.

What is HyreCar's stock price forecast for 2022?

2 analysts have issued 1 year target prices for HyreCar's shares. Their HYRE share price forecasts range from $4.00 to $10.50. On average, they anticipate the company's share price to reach $6.88 in the next twelve months. This suggests a possible upside of 647.1% from the stock's current price.
View analysts price targets for HYRE
or view top-rated stocks among Wall Street analysts.

How have HYRE shares performed in 2022?

HyreCar's stock was trading at $4.71 at the beginning of 2022. Since then, HYRE stock has decreased by 80.5% and is now trading at $0.9202.
View the best growth stocks for 2022 here
.

When is HyreCar's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 8th 2022.
View our HYRE earnings forecast
.

How were HyreCar's earnings last quarter?

HyreCar Inc. (NASDAQ:HYRE) issued its earnings results on Monday, August, 15th. The company reported ($0.20) earnings per share (EPS) for the quarter. The firm had revenue of $10.51 million for the quarter. HyreCar had a negative trailing twelve-month return on equity of 598.93% and a negative net margin of 48.69%.

What guidance has HyreCar issued on next quarter's earnings?

HyreCar issued an update on its second quarter 2022 earnings guidance on Tuesday, August, 2nd. The company provided EPS guidance of for the period. The company issued revenue guidance of $10.40 million-$10.60 million, compared to the consensus revenue estimate of $10.44 million.

What other stocks do shareholders of HyreCar own?
When did HyreCar IPO?

(HYRE) raised $12 million in an initial public offering on Wednesday, June 27th 2018. The company issued 2,500,000 shares at $5.00 per share. Network 1 Financial Securities served as the underwriter for the IPO.

What is HyreCar's stock symbol?

HyreCar trades on the NASDAQ under the ticker symbol "HYRE."

How do I buy shares of HyreCar?

Shares of HYRE 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.
Compare Top Brokerages Here.

What is HyreCar's stock price today?

One share of HYRE stock can currently be purchased for approximately $0.92.

How much money does HyreCar make?

HyreCar (NASDAQ:HYRE) has a market capitalization of $20.22 million and generates $35.72 million in revenue each year. The company earns $-25,950,000.00 in net income (profit) each year or ($0.87) on an earnings per share basis.

How can I contact HyreCar?

HyreCar's mailing address is 355 SOUTH GRAND AVENUE SUITE 1650, LOS ANGELES CA, 90071. The official website for the company is www.hyrecar.com. The company can be reached via phone at (888) 688-6769 or via email at j.evans@hyrecar.com.

This page (NASDAQ:HYRE) was last updated on 10/2/2022 by MarketBeat.com Staff

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