S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Latest freight railroad layoffs and Wall Street pressure renew concerns about safety and service
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
One year after buying a failed bank, New York Community Bancorp is struggling
Dell, NetApp rise; Ginkgo Bioworks, New York Community Bancorp fall, Friday, 3/1/2024
Critical asset just had biggest fall on record (Ad)
How major US stock indexes fared Friday, 3/1/2024
China pledges to increase opportunities for foreign companies as it seeks to boost its economy
Critical asset just had biggest fall on record (Ad)
Brazil's economy grows 2.9% in Lula's 1st year, beating expectations
A US appeals court ruling could allow mine development on Oak Flat, land sacred to Apaches
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Latest freight railroad layoffs and Wall Street pressure renew concerns about safety and service
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
One year after buying a failed bank, New York Community Bancorp is struggling
Dell, NetApp rise; Ginkgo Bioworks, New York Community Bancorp fall, Friday, 3/1/2024
Critical asset just had biggest fall on record (Ad)
How major US stock indexes fared Friday, 3/1/2024
China pledges to increase opportunities for foreign companies as it seeks to boost its economy
Critical asset just had biggest fall on record (Ad)
Brazil's economy grows 2.9% in Lula's 1st year, beating expectations
A US appeals court ruling could allow mine development on Oak Flat, land sacred to Apaches
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Latest freight railroad layoffs and Wall Street pressure renew concerns about safety and service
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
One year after buying a failed bank, New York Community Bancorp is struggling
Dell, NetApp rise; Ginkgo Bioworks, New York Community Bancorp fall, Friday, 3/1/2024
Critical asset just had biggest fall on record (Ad)
How major US stock indexes fared Friday, 3/1/2024
China pledges to increase opportunities for foreign companies as it seeks to boost its economy
Critical asset just had biggest fall on record (Ad)
Brazil's economy grows 2.9% in Lula's 1st year, beating expectations
A US appeals court ruling could allow mine development on Oak Flat, land sacred to Apaches
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Latest freight railroad layoffs and Wall Street pressure renew concerns about safety and service
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
One year after buying a failed bank, New York Community Bancorp is struggling
Dell, NetApp rise; Ginkgo Bioworks, New York Community Bancorp fall, Friday, 3/1/2024
Critical asset just had biggest fall on record (Ad)
How major US stock indexes fared Friday, 3/1/2024
China pledges to increase opportunities for foreign companies as it seeks to boost its economy
Critical asset just had biggest fall on record (Ad)
Brazil's economy grows 2.9% in Lula's 1st year, beating expectations
A US appeals court ruling could allow mine development on Oak Flat, land sacred to Apaches
NASDAQ:VMAR

Vision Marine Technologies (VMAR) Stock Price, News & Analysis

$0.78
-0.01 (-1.27%)
(As of 03/1/2024 ET)
Today's Range
$0.76
$0.80
50-Day Range
$0.75
$1.15
52-Week Range
$0.69
$5.60
Volume
91,612 shs
Average Volume
125,253 shs
Market Capitalization
$9.09 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$4.50

Vision Marine Technologies MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
476.9% Upside
$4.50 Price Target
Short Interest
Healthy
22.74% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.15mentions of Vision Marine Technologies in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.68) to $0.07 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.94 out of 5 stars


VMAR stock logo

About Vision Marine Technologies Stock (NASDAQ:VMAR)

Vision Marine Technologies Inc. designs, develops, manufactures, sells, and rents electric boats in Canada, the United States, and internationally. It offers e-motion electric powertrain technology; e-motion electric outboard powertrain system; electric boats; maintenance, repair, and customer support services; as well as manufactures customized boats. The company also provides its products through website and distributors. It serves original equipment manufacturers, retail customer, boat clubs, and boat rental operations. The company was formerly known as Riopel Marine Inc. and changed its name to Vision Marine Technologies Inc. in April 2020. Vision Marine Technologies Inc. was founded in 1995 and is headquartered in Boisbriand, Canada.

VMAR Stock Price History

VMAR Stock News Headlines

Vision Marine Technologies Inc (VMAR)
Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
Vision Marine Technologies Inc
See More Headlines
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Company Calendar

Last Earnings
1/15/2024
Today
3/01/2024
Next Earnings (Estimated)
4/11/2024
Fiscal Year End
8/31/2024

Industry, Sector and Symbol

Industry
Ship & boat building & repairing
Sub-Industry
N/A
Current Symbol
NASDAQ:VMAR
Fax
N/A
Employees
14
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$4.50
High Stock Price Target
$4.50
Low Stock Price Target
$4.50
Potential Upside/Downside
+476.9%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$-15,500,000.00
Net Margins
-251.24%
Pretax Margin
-256.56%

Debt

Sales & Book Value

Annual Sales
$4.20 million
Book Value
$0.90 per share

Miscellaneous

Free Float
6,946,000
Market Cap
$9.09 million
Optionable
Not Optionable
Beta
N/A
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Key Executives

  • Mr. Alexandre Mongeon (Age 45)
    Co-Founder, CEO & Director
    Comp: $447.16k
  • Mr. Kulwant Sandher B.Sc. (Age 62)
    C.A., C.P.A., CA, CPA, Chief Financial Officer
    Comp: $281.04k
  • Mr. Xavier Montagne (Age 49)
    CTO & COO
    Comp: $207.3k
  • Mr. Patrick Bobby (Age 50)
    President of Special Operations, Secretary & Director
    Comp: $295.42k














VMAR Stock Analysis - Frequently Asked Questions

Should I buy or sell Vision Marine Technologies stock right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Vision Marine Technologies in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" VMAR shares.
View VMAR analyst ratings
or view top-rated stocks.

What is Vision Marine Technologies' stock price target for 2024?

2 analysts have issued 12 month target prices for Vision Marine Technologies' shares. Their VMAR share price targets range from $4.50 to $4.50. On average, they predict the company's stock price to reach $4.50 in the next twelve months. This suggests a possible upside of 476.9% from the stock's current price.
View analysts price targets for VMAR
or view top-rated stocks among Wall Street analysts.

How have VMAR shares performed in 2024?

Vision Marine Technologies' stock was trading at $1.09 at the start of the year. Since then, VMAR stock has decreased by 28.4% and is now trading at $0.78.
View the best growth stocks for 2024 here
.

When is Vision Marine Technologies' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 11th 2024.
View our VMAR earnings forecast
.

How were Vision Marine Technologies' earnings last quarter?

Vision Marine Technologies Inc. (NASDAQ:VMAR) announced its quarterly earnings data on Monday, January, 15th. The company reported ($0.19) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.23) by $0.04. The firm had revenue of $0.72 million for the quarter, compared to analysts' expectations of $2.25 million. Vision Marine Technologies had a negative net margin of 251.24% and a negative trailing twelve-month return on equity of 102.75%.

When did Vision Marine Technologies IPO?

(VMAR) raised $20 million in an initial public offering on Tuesday, November 24th 2020. The company issued 2,200,000 shares at $8.00-$10.00 per share. ThinkEquity (a division of Fordham Financial Management) acted as the underwriter for the IPO.

Who are Vision Marine Technologies' major shareholders?

Vision Marine Technologies' stock is owned by many different retail and institutional investors. Top institutional shareholders include Citadel Advisors LLC (0.27%).

How do I buy shares of Vision Marine Technologies?

Shares of VMAR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:VMAR) was last updated on 3/2/2024 by MarketBeat.com Staff