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Unlock Profit Potential: Find Hidden Trade Opportunities Using A.I. (Ad)
3 Mid Caps You Haven't Heard Of But Need To Know About
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Unlock Profit Potential: Find Hidden Trade Opportunities Using A.I. (Ad)
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Will NIO Partake In China's Economic Awakening?
Trade Smarter: Discover Hidden Opportunities w/ A.I. (Ad)
Cactus Opens The Cash Flow Wellhead With Flexsteel Acquisition 
BJ's Restaurants' Approaching Buy Point As Earnings Surge 150%
S&P 500   4,298.86
DOW   33,876.78
QQQ   354.50
3 EV Stocks You Need To Have On Your Watchlist
Unlock Profit Potential: Find Hidden Trade Opportunities Using A.I. (Ad)
3 Mid Caps You Haven't Heard Of But Need To Know About
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Unlock Profit Potential: Find Hidden Trade Opportunities Using A.I. (Ad)
Even at $2,000+ Per Share, These 3 Stocks Are Deals
Will NIO Partake In China's Economic Awakening?
Trade Smarter: Discover Hidden Opportunities w/ A.I. (Ad)
Cactus Opens The Cash Flow Wellhead With Flexsteel Acquisition 
BJ's Restaurants' Approaching Buy Point As Earnings Surge 150%
S&P 500   4,298.86
DOW   33,876.78
QQQ   354.50
3 EV Stocks You Need To Have On Your Watchlist
Unlock Profit Potential: Find Hidden Trade Opportunities Using A.I. (Ad)
3 Mid Caps You Haven't Heard Of But Need To Know About
Why Turkey's currency is crashing after Erdogan got reelected
Unlock Profit Potential: Find Hidden Trade Opportunities Using A.I. (Ad)
Even at $2,000+ Per Share, These 3 Stocks Are Deals
Will NIO Partake In China's Economic Awakening?
Trade Smarter: Discover Hidden Opportunities w/ A.I. (Ad)
Cactus Opens The Cash Flow Wellhead With Flexsteel Acquisition 
BJ's Restaurants' Approaching Buy Point As Earnings Surge 150%
NASDAQ:SOLO

Electrameccanica Vehicles (SOLO) Stock Forecast, Price & News

$0.52
-0.02 (-3.68%)
(As of 06/9/2023 ET)
Compare
Today's Range
$0.51
$0.55
50-Day Range
$0.47
$0.62
52-Week Range
$0.44
$1.87
Volume
536,911 shs
Average Volume
787,135 shs
Market Capitalization
$62.39 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$0.60

Electrameccanica Vehicles MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
14.7% Upside
$0.60 Price Target
Short Interest
Bearish
6.87% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.00mentions of Electrameccanica Vehicles in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Decreasing
From ($0.56) to ($0.60) Per Share

Overall MarketRank

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

1.03 out of 5 stars

Auto/Tires/Trucks Sector

93rd out of 95 stocks

Motor Vehicles & Car Bodies Industry

29th out of 29 stocks


SOLO stock logo

About Electrameccanica Vehicles (NASDAQ:SOLO) Stock

Electrameccanica Vehicles Corp. develops, manufactures, and sells electric vehicles in the United States and Canada. Its flagship product is the SOLO, a single seat vehicle. The company is also developing four-wheeled eRoadster, and Tofino. In addition, it provides services, repairs, and support services, as well as sale of parts. The company sells its vehicles through direct-to-consumer online, as well as through retail store operations in the States of California, Arizona, and Oregon. Electrameccanica Vehicles Corp. was incorporated in 2015 and is headquartered in Burnaby, Canada.

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SOLO Stock News Headlines

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=== BREAKING === U.S. Loses to China in Shocking WAR GAMES Pentagon says new "living missile" key to winning a future conflict. Investors stand to reap 35,960% on shares of the small defense contractor that makes powerful new weapon. Get the name of the stock here >>>
66,000% upside on tiny biotech?
The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.
7 Sorry EV Stocks to Sell in May Before It’s Too Late
11 Best EV Stocks For The Long Term
See More Headlines

SOLO Price History

SOLO Company Calendar

Last Earnings
4/17/2023
Today
6/09/2023
Next Earnings (Estimated)
8/10/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Motor vehicles & car bodies
Sub-Industry
N/A
Current Symbol
NASDAQ:SOLO
Fax
N/A
Employees
104
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$0.60
High Stock Price Forecast
$0.60
Low Stock Price Forecast
$0.60
Forecasted Upside/Downside
+14.7%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
1 Analysts

Profitability

Net Income
$-123,700,000.00
Net Margins
-1,882.43%
Pretax Margin
-1,879.91%

Debt

Sales & Book Value

Annual Sales
$6.81 million
Book Value
$1.07 per share

Miscellaneous

Free Float
107,598,000
Market Cap
$62.39 million
Optionable
Not Optionable
Beta
2.65

Key Executives

  • Ms. Susan E. Docherty (Age 60)
    CEO, Interim COO & Director
    Comp: $683.9k
  • Mr. Jerry Kroll (Age 61)
    Co-Founder & Director
    Comp: $90k
  • Mr. Mark Orsmond CA (Age 55)
    Chief Financial Officer
    Comp: $455.51k
  • Ms. Kim Anne Brink (Age 56)
    Chief Revenue Officer
    Comp: $590.6k
  • Mr. Ajay Kumar
    VP of IT & Chief Information Officer
  • Mr. Michael Bridge (Age 59)
    Gen. Counsel & Corp. Sec.
  • Mr. Andrew Blair
    VP of HR
  • Mr. Conark Shah
    VP of Strategy & Chief of Staff













SOLO Stock - Frequently Asked Questions

Should I buy or sell Electrameccanica Vehicles stock right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Electrameccanica Vehicles in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" SOLO shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SOLO, but not buy additional shares or sell existing shares.
View SOLO analyst ratings
or view top-rated stocks.

What is Electrameccanica Vehicles' stock price forecast for 2023?

1 analysts have issued 1-year price objectives for Electrameccanica Vehicles' shares. Their SOLO share price forecasts range from $0.60 to $0.60. On average, they predict the company's share price to reach $0.60 in the next year. This suggests a possible upside of 14.7% from the stock's current price.
View analysts price targets for SOLO
or view top-rated stocks among Wall Street analysts.

How have SOLO shares performed in 2023?

Electrameccanica Vehicles' stock was trading at $0.6037 at the beginning of 2023. Since then, SOLO shares have decreased by 13.4% and is now trading at $0.5230.
View the best growth stocks for 2023 here
.

When is Electrameccanica Vehicles' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 10th 2023.
View our SOLO earnings forecast
.

How were Electrameccanica Vehicles' earnings last quarter?

Electrameccanica Vehicles Corp. (NASDAQ:SOLO) posted its quarterly earnings data on Monday, April, 17th. The company reported ($0.34) earnings per share (EPS) for the quarter. The company had revenue of $2.79 million for the quarter. Electrameccanica Vehicles had a negative net margin of 1,882.43% and a negative trailing twelve-month return on equity of 59.40%.

What other stocks do shareholders of Electrameccanica Vehicles own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Electrameccanica Vehicles investors own include NIO (NIO), Tesla (TSLA), Advanced Micro Devices (AMD), Sorrento Therapeutics (SRNE), Blink Charging (BLNK), Micron Technology (MU), Workhorse Group (WKHS), Pfizer (PFE), NVIDIA (NVDA) and Carnival Co. & (CCL).

What is Electrameccanica Vehicles' stock symbol?

Electrameccanica Vehicles trades on the NASDAQ under the ticker symbol "SOLO."

Who are Electrameccanica Vehicles' major shareholders?

Electrameccanica Vehicles' stock is owned by many different institutional and retail investors. Top institutional investors include Mitsubishi UFJ Kokusai Asset Management Co. Ltd. (0.26%), Deutsche Bank AG (0.12%), Susquehanna Fundamental Investments LLC (0.11%), Susquehanna International Group LLP (0.00%), Sculptor Capital LP (0.00%) and Simplex Trading LLC (0.00%).

How do I buy shares of Electrameccanica Vehicles?

Shares of SOLO 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 Electrameccanica Vehicles' stock price today?

One share of SOLO stock can currently be purchased for approximately $0.52.

How much money does Electrameccanica Vehicles make?

Electrameccanica Vehicles (NASDAQ:SOLO) has a market capitalization of $62.39 million and generates $6.81 million in revenue each year. The company earns $-123,700,000.00 in net income (profit) each year or ($0.99) on an earnings per share basis.

How many employees does Electrameccanica Vehicles have?

The company employs 104 workers across the globe.

How can I contact Electrameccanica Vehicles?

Electrameccanica Vehicles' mailing address is 102 EAST 1ST AVENUE, VANCOUVER A1, V5T 1A4. The official website for the company is www.electrameccanica.com. The company can be reached via phone at (604) 428-7656 or via email at info@electrameccanica.com.

This page (NASDAQ:SOLO) was last updated on 6/10/2023 by MarketBeat.com Staff

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