Lordstown Motors Stock Forecast, Price & News

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lordstown Motors in the last year. There are currently 6 sell ratings, 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "sell" Lordstown Motors stock.
View analyst ratings for Lordstown Motors or view top-rated stocks.

Wall Street analysts have given Lordstown Motors a "Sell" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Lordstown Motors wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Lordstown Motors saw a increase in short interest in the month of August. As of August 13th, there was short interest totaling 35,100,000 shares, an increase of 13.7% from the July 29th total of 30,870,000 shares. Based on an average daily volume of 11,470,000 shares, the days-to-cover ratio is currently 3.1 days. Approximately 31.5% of the company's stock are short sold.
View Lordstown Motors' Short Interest.

Lordstown Motors is scheduled to release its next quarterly earnings announcement on Wednesday, November 10th 2021.
View our earnings forecast for Lordstown Motors.

Lordstown Motors Corp. (NASDAQ:RIDE) issued its earnings results on Tuesday, August, 10th. The company reported ($0.61) EPS for the quarter, missing the consensus estimate of ($0.49) by $0.12.
View Lordstown Motors' earnings history.

9 equities research analysts have issued 12 month target prices for Lordstown Motors' stock. Their forecasts range from $3.00 to $40.00. On average, they anticipate Lordstown Motors' share price to reach $13.22 in the next year. This suggests a possible upside of 87.3% from the stock's current price.
View analysts' price targets for Lordstown Motors or view top-rated stocks among Wall Street analysts.

Some companies that are related to Lordstown Motors include Nikola (NKLA), Fisker (FSR), Brilliance China Automotive (BCAUY), Federal Signal (FSS), Niu Technologies (NIU), The Shyft Group (SHYF), REV Group (REVG), Workhorse Group (WKHS), Ideanomics (IDEX), Electric Last Mile Solutions (ELMS), Lightning eMotors (ZEV), Stagecoach Group (SAGKF), Electrameccanica Vehicles (SOLO), Kandi Technologies Group (KNDI) and Property Solutions Acquisition (PSAC).
View all of RIDE's competitors.

Lordstown Motors trades on the NASDAQ under the ticker symbol "RIDE."

Lordstown Motors' stock is owned by many different retail and institutional investors. Top institutional investors include Vanguard Group Inc. (5.70%), BlackRock Inc. (4.69%), FMR LLC (2.58%), Invesco Ltd. (2.08%), Susquehanna International Group LLP (0.00%) and State Street Corp (1.49%). Company insiders that own Lordstown Motors stock include Chuan D Vo, Darren Post, Julio C Rodriguez, Phil Richard Schmidt and Shane Brown.
View institutional ownership trends for Lordstown Motors.

RIDE stock was sold by a variety of institutional investors in the last quarter, including Cannell Peter B & Co. Inc., IMC Chicago LLC, Formidable Asset Management LLC, Man Group plc, Millennium Management LLC, Aristides Capital LLC, Wells Fargo & Company MN, and Balyasny Asset Management LLC. Company insiders that have sold Lordstown Motors company stock in the last year include Chuan D Vo, Darren Post, Julio C Rodriguez, Phil Richard Schmidt, and Shane Brown.
View insider buying and selling activity for Lordstown Motors or view top insider-selling stocks.

RIDE stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., State Street Corp, Vanguard Group Inc., Bank of America Corp DE, Geode Capital Management LLC, Goldman Sachs Group Inc., Northern Trust Corp, and Allianz Asset Management GmbH.
View insider buying and selling activity for Lordstown Motors or or view top insider-buying stocks.

Shares of RIDE 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.

One share of RIDE stock can currently be purchased for approximately $7.06.

Lordstown Motors has a market capitalization of $1.25 billion. The company earns $-124,050,000.00 in net income (profit) each year or ($1.04) on an earnings per share basis.

Lordstown Motors employs 320 workers across the globe.

The official website for Lordstown Motors is lordstownmotors.com.

Lordstown Motors is headquartered at 2300 HALLOCK YOUNG ROAD, LORDSTOWN OH, 44481.

Lordstown Motors' mailing address is 2300 HALLOCK YOUNG ROAD, LORDSTOWN OH, 44481. The company can be reached via phone at 234-285-4001 or via email at [email protected].