NASDAQ:VLCN

Volcon (VLCN) Stock Forecast, Price & News

$0.72

+0.03 (+4.36%)

(As of 06/2/2023 ET)

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Today's Range: $0.69
▼
$0.72
50-Day Range: $0.67
▼
$1.51
52-Week Range: $0.60
▼
$3.45

Volume: 136,901 shs
Average Volume: 223,598 shs
Market Capitalization: $21.98 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: 735.5% Upside
$6.00 Price Target
Short Interest: Healthy
0.97% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.34
Based on 2 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

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

2.08 out of 5 stars

Auto/Tires/Trucks Sector

43rd out of 101 stocks

Motor Vehicles & Car Bodies Industry

9th out of 32 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 735.5% from its current price of $0.72.
Amount of Analyst Coverage
Volcon has only been the subject of 1 research reports in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
0.97% 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 1.7, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Volcon has recently decreased by 5.77%, indicating that investor sentiment is improving 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.

2.4

News and Social Media Coverage

News Sentiment
Volcon has a news sentiment score of 0.34. 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 lower news sentiment than the 0.53 average news sentiment score of Auto/Tires/Trucks companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Volcon this week, compared to 1 article on an average week.
MarketBeat Follows
2 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
18.80% 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 4.23% of the stock of Volcon is held by institutions.

0.0

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Volcon is -0.53, 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 -0.53, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

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 and Latin America. 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 headquartered in Round Rock, Texas.

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VLCN Stock News Headlines

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 31, 2023 | americanbankingnews.com

Critical Survey: Arrival (NASDAQ:ARVL) & Volcon (NASDAQ:VLCN)

June 3, 2023 | Altimetry (Ad)

Biden's latest bailout--terrible for America?

And a consultant for the Dept. of Defense (Joel Litman) says this is all leading to an event in the next 20 months that could help some get vastly wealthier… but also make it harder than ever to hang onto any money you make.This might be the most important development affecting you and your money over the next few years—

May 26, 2023 | americanbankingnews.com

Comparing NWTN (NASDAQ:NWTN) and Volcon (NASDAQ:VLCN)

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

June 3, 2023 | Altimetry (Ad)

Biden's latest bailout--terrible for America?

May 22, 2023 | msn.com

Volcon slides after announcing new equity offering

May 22, 2023 | finance.yahoo.com

Volcon, Inc. Announces $9.0 Million in Securities Offerings and Pricing of Previously Announced Public Offering

May 20, 2023 | finance.yahoo.com

Volcon, Inc. Launches Proposed Public Equity Offering

May 7, 2023 | finance.yahoo.com

Volcon First Quarter 2023 Earnings: Beats Expectations

May 5, 2023 | finance.yahoo.com

Volcon ePowersports Reports First Quarter 2023 Operational and Financial Results

May 2, 2023 | finance.yahoo.com

Volcon Aligns with EV Charging Solutions Providers, InCharge and Qmerit

April 26, 2023 | finance.yahoo.com

Volcon ePowersports Announces Expansion into Canada, Hiring Industry Veteran Gerry Picard to Lead Sales

April 12, 2023 | americanbankingnews.com

Reviewing Volcon (VLCN) & Its Rivals

April 11, 2023 | finance.yahoo.com

Volcon Continues Expansion in The Americas and Secures a $12.0 Million Minimum Purchase Requirement From Brazilian Importer

April 10, 2023 | americanbankingnews.com

Head to Head Review: Volcon (VLCN) versus Its Peers

April 6, 2023 | americanbankingnews.com

Head-To-Head Survey: Volcon (VLCN) vs. Its Rivals

March 31, 2023 | americanbankingnews.com

Volcon (VLCN) and Its Competitors Head to Head Contrast

March 30, 2023 | finance.yahoo.com

Volcon ePowersports Launches New Grunt EVO and Runt LT Off-Road Motorcycles

March 30, 2023 | americanbankingnews.com

Comparing Volcon (VLCN) & Its Rivals

March 29, 2023 | americanbankingnews.com

Comparing Volcon (VLCN) & The Competition

March 29, 2023 | americanbankingnews.com

Reviewing Volcon (VLCN) and Its Competitors

March 27, 2023 | americanbankingnews.com

Analyzing Volcon (VLCN) and The Competition

March 21, 2023 | americanbankingnews.com

Volcon (VLCN) & Its Rivals Critical Analysis

See More Headlines

VLCN Price History

30 days | 90 days | 365 days | Advanced Chart

VLCN Company Calendar

Last Earnings: 3/06/2023
Today: 6/03/2023
Next Earnings (Estimated): 8/21/2023
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: 75
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: +735.5%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($1.35)
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: -726.14%
Pretax Margin: -726.11%
Return on Equity: -1,201.17%
Return on Assets: -162.14%

Debt

Debt-to-Equity Ratio: 0.08
Current Ratio: 0.67
Quick Ratio: 0.39

Sales & Book Value

Annual Sales: $4.55 million
Price / Sales: 4.83
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: ($0.18) per share
Price / Book: -3.99

Miscellaneous

Outstanding Shares: 30,610,000
Free Float: 24,859,000
Market Cap: $21.98 million
Optionable: Not Optionable
Beta: 0.49

Key Executives

Mr. Christian Okonsky (Age 57)
Founder, Chairman & CTO
Comp: $5.68M

Mr. Jordan Don Davis (Age 39)
CEO & Director
Comp: $242.87k

Mr. Greg Endo (Age 56)
Chief Financial Officer
Comp: $201.18k

Ms. Stephanie Davis (Age 51)
Chief Operating Officer

Melissa Coffey
Director of Sales & Devel.

Ms. Katie Hale
Chief Marketing Officer

Key Competitors

View All Competitors

VLCN Stock - Frequently Asked Questions

Should I buy or sell Volcon stock right now?: 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Volcon in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street equities 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 Wall Street analysts have issued 12 month price targets for Volcon's stock. Their VLCN share price forecasts range from $6.00 to $6.00. On average, they predict the company's share price to reach $6.00 in the next year. This suggests a possible upside of 735.5% 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 at the beginning of the year. Since then, VLCN stock has decreased by 28.9% and is now trading at $0.7181.
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 Monday, August 21st 2023.
View our VLCN earnings forecast.
How were Volcon's earnings last quarter?: Volcon, Inc. (NASDAQ:VLCN) announced its quarterly earnings results on Monday, March, 6th. The company reported ($0.32) earnings per share (EPS) for the quarter. The company had revenue of $0.75 million for the quarter. Volcon had a negative net margin of 726.14% and a negative trailing twelve-month return on equity of 1,201.17%.

When did Volcon IPO?: (VLCN) raised $15 million in an initial public offering on Wednesday, October 6th 2021. The company issued 3,025,000 shares at $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 $0.72.
How much money does Volcon make?: Volcon (NASDAQ:VLCN) has a market capitalization of $21.98 million and generates $4.55 million in revenue each year. The company earns $-34,240,000.00 in net income (profit) each year or ($1.35) 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 6/3/2023 by MarketBeat.com Staff

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