NASDAQ:VLCN

Volcon (VLCN) Stock Forecast, Price & News

$0.42

+0.01 (+2.44%)

(As of 09/28/2023 ET)

Compare

Today's Range: $0.40
▼
$0.44
50-Day Range: $0.38
▼
$0.64
52-Week Range: $0.38
▼
$2.12

Volume: 75,523 shs
Average Volume: 173,690 shs
Market Capitalization: $12.86 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $6.00

Volcon MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 1,328.6% Upside
$6.00 Price Target
Short Interest: Healthy
0.82% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($1.66) to ($1.06) Per Share

Overall MarketRank^™

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

2.09 out of 5 stars

Auto/Tires/Trucks Sector

48th out of 93 stocks

Motor Vehicles & Car Bodies Industry

12th out of 29 stocks

3.5

Analyst's Opinion

Consensus Rating
Volcon has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $6.00, Volcon has a forecasted upside of 1,328.6% from its current price of $0.42.
Amount of Analyst Coverage
Volcon has received no research coverage in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
0.82% of the float of Volcon has been sold short.
Short Interest Ratio / Days to Cover
Volcon has a short interest ratio ("days to cover") of 1.5, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Volcon has recently increased by 25.31%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Volcon does not currently pay a dividend.
Dividend Growth
Volcon does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for VLCN.

3.3

News and Social Media Coverage

News Sentiment
Volcon has a news sentiment score of 1.87. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.60 average news sentiment score of Auto/Tires/Trucks companies.
News Coverage This Week
MarketBeat has tracked 1 news article for Volcon this week, compared to 1 article on an average week.
MarketBeat Follows
4 people have added Volcon to their MarketBeat watchlist in the last 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Volcon insiders have not sold or bought any company stock.
Percentage Held by Insiders
16.61% of the stock of Volcon is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 3.83% of the stock of Volcon is held by institutions.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Volcon are expected to grow in the coming year, from ($1.66) to ($1.06) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Volcon is -0.23, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Volcon is -0.23, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Volcon has a P/B Ratio of 14.00. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Volcon (NASDAQ:VLCN) Stock

Volcon, Inc. develops, manufactures, and sells electric off road powersport vehicles in the United States. It provides electric two and four-wheel motorcycles, and utility terrain vehicles through its dealers. The company also offers a line of upgrades and accessories. Its products are designed for family off-road adventures, and work on the farm and fun transport around private land applications. The company was formerly known as Frog ePowersports, Inc. and changed its name to Volcon, Inc. in October 2020. Volcon, Inc. was incorporated in 2020 and is based in Round Rock, Texas.

VLCN Price History

30 days | 90 days | 365 days | Advanced Chart

VLCN Stock News Headlines

September 18, 2023 | msn.com

Volcon's top executives take pay cuts as it pushes towards launch of its Stag EV

September 18, 2023 | finance.yahoo.com

Volcon, Inc. Closes $700,000 Underwritten Public Offering, Utilizing Current Remaining Shelf Availability

September 29, 2023 | Tradewins (Ad)

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September 18, 2023 | finance.yahoo.com

Volcon, Inc. Announces Improved Debt Position and Strategic Cost Reduction

September 18, 2023 | finance.yahoo.com

Aegis Capital Corp. Acted as Sole Bookrunner on a $700K Underwritten Public Offering for Volcon, Inc. (NASDAQ:VLCN)

September 15, 2023 | benzinga.com

Why Volcon Shares Are Diving

September 15, 2023 | finance.yahoo.com

Volcon, Inc. Announces Pricing of $700,000 Underwritten Public Offering, Utilizing Current Remaining Shelf Availability

September 15, 2023 | investorplace.com

Why Is Volcon (VLCN) Stock Down 32% Today?

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September 15, 2023 | msn.com

Volcon proposes equity offering

September 15, 2023 | finanznachrichten.de

Volcon ePowersports, Inc.: Volcon, Inc. Announces Proposed Underwritten Public Offering

September 15, 2023 | finance.yahoo.com

Volcon, Inc. Announces Proposed Underwritten Public Offering

September 13, 2023 | finance.yahoo.com

Volcon Announces Additional Trim Levels and Options for Stag Ahead of October Production Launch

September 6, 2023 | finance.yahoo.com

Volcon ePowersports Reports Corrected Second Quarter 2023 Operational and Financial Results

August 23, 2023 | finance.yahoo.com

Volcon Achieves Stag Validation Milestone, Announces Stag Delivery Date for October 2023

August 12, 2023 | finanznachrichten.de

Volcon, Inc.: Volcon ePowersports Reports Second Quarter 2023 Operational and Financial Results

August 11, 2023 | seekingalpha.com

Volcon reports Q2 results

August 11, 2023 | finance.yahoo.com

Volcon ePowersports Reports Second Quarter 2023 Operational and Financial Results

July 12, 2023 | markets.businessinsider.com

7 Doomed EV Stocks Destined for Disaster

July 5, 2023 | finance.yahoo.com

Volcon Demonstrates Electric Vehicles to Key DoD Staff, Enters Funded Operational Energy Program

June 6, 2023 | finance.yahoo.com

Volcon Receives Additional Orders From US Army for Stag

June 1, 2023 | finance.yahoo.com

Volcon Gives Key Media, Dealers and International Distributors Inside Look at Flagship Product, the Stag, at Demo Day Event

May 24, 2023 | benzinga.com

Volcon, Inc. Announces Concurrent Closing of $9.0 Million Securities Offerings

May 22, 2023 | marketwatch.com

Volcon Shares Slide to New All-Time Low After Financing Moves >VLCN

May 22, 2023 | investorplace.com

Why Is Volcon (VLCN) Stock Down 37% Today?

May 22, 2023 | marketwatch.com

Volcon Shares Slide Premarket Amid Plans for Public Offering >VLCN

May 22, 2023 | msn.com

Volcon slides after announcing new equity offering

See More Headlines

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VLCN Company Calendar

Last Earnings: 8/11/2023
Today: 9/29/2023
Next Earnings (Estimated): 11/09/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Motor vehicles & car bodies
Sub-Industry: N/A
Sector: Auto/Tires/Trucks
Current Symbol: NASDAQ:VLCN
CUSIP: N/A
CIK: 1829794
Web: www.volcon.com
Phone: 512-400-4271
Fax: N/A
Employees: 53
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $6.00
High Stock Price Forecast: $6.00
Low Stock Price Forecast: $6.00
Forecasted Upside/Downside: +1,328.6%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($1.79)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-34,240,000.00
Net Margins: -1,714.11%
Pretax Margin: -1,714.11%
Return on Equity: -1,201.17%
Return on Assets: -205.97%

Debt

Debt-to-Equity Ratio: 0.08
Current Ratio: 0.42
Quick Ratio: 0.31

Sales & Book Value

Annual Sales: $4.55 million
Price / Sales: 2.83
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $0.03 per share
Price / Book: 14.00

Miscellaneous

Outstanding Shares: 30,610,000
Free Float: 25,530,000
Market Cap: $12.86 million
Optionable: Not Optionable
Beta: 0.46

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Key Executives

Mr. Christian Okonsky (Age 58)
Founder, Chairman & CTO

Mr. Jordan Don Davis (Age 39)
CEO & Director
Comp: $444.58k

Mr. Greg Endo (Age 57)
Chief Financial Officer
Comp: $440.79k

Ms. Stephanie Davis (Age 52)
Chief Operating Officer
Comp: $297.66k

Melissa Coffey
Director of Sales & Devel.

Ms. Katie Hale
Chief Marketing Officer

Key Competitors

View All Competitors

Institutional Ownership

Walleye Capital LLC
Bought 184,553 shares on 8/15/2023
Ownership: 0.603%

View All Institutional Transactions

VLCN Stock - Frequently Asked Questions

Should I buy or sell Volcon stock right now?: 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Volcon in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" VLCN shares.
View VLCN analyst ratings or view top-rated stocks.
What is Volcon's stock price forecast for 2023?: 1 equities research analysts have issued 12-month price objectives for Volcon's shares. Their VLCN share price forecasts range from $6.00 to $6.00. On average, they predict the company's stock price to reach $6.00 in the next twelve months. This suggests a possible upside of 1,328.6% from the stock's current price.
View analysts price targets for VLCN or view top-rated stocks among Wall Street analysts.
How have VLCN shares performed in 2023?: Volcon's stock was trading at $1.0101 on January 1st, 2023. Since then, VLCN shares have decreased by 58.4% and is now trading at $0.42.
View the best growth stocks for 2023 here.
When is Volcon's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, November 9th 2023.
View our VLCN earnings forecast.
How were Volcon's earnings last quarter?: Volcon, Inc. (NASDAQ:VLCN) released its quarterly earnings data on Friday, August, 11th. The company reported ($0.85) EPS for the quarter. The firm had revenue of $0.52 million for the quarter. Volcon had a negative trailing twelve-month return on equity of 1,201.17% and a negative net margin of 1,714.11%.

When did Volcon IPO?: (VLCN) raised $15 million in an initial public offering (IPO) on Wednesday, October 6th 2021. The company issued 3,025,000 shares at a price of $4.50-$5.50 per share.
What is Volcon's stock symbol?: Volcon trades on the NASDAQ under the ticker symbol "VLCN."
How do I buy shares of Volcon?: Shares of VLCN 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 Volcon's stock price today?: One share of VLCN stock can currently be purchased for approximately $0.42.
How much money does Volcon make?: Volcon (NASDAQ:VLCN) has a market capitalization of $12.86 million and generates $4.55 million in revenue each year. The company earns $-34,240,000.00 in net income (profit) each year or ($1.79) on an earnings per share basis.
How can I contact Volcon?: The official website for the company is www.volcon.com. The company can be reached via phone at 512-400-4271 or via email at investors@volcon.com.

This page (NASDAQ:VLCN) was last updated on 9/29/2023 by MarketBeat.com Staff

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Volcon (VLCN) Stock Forecast, Price & News

Volcon MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Volcon (NASDAQ:VLCN) Stock

VLCN Price History

VLCN Stock News Headlines

VLCN Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Institutional Ownership

VLCN Stock - Frequently Asked Questions

Overall MarketRank^™