NYSE:LEV

Lion Electric (LEV) Stock Forecast, Price & News

$1.95

0.00 (0.00%)

(As of 08:58 AM ET)

Compare

Today's Range: $1.95
▼
$1.95
50-Day Range: $1.95
▼
$2.63
52-Week Range: $1.68
▼
$3.73

Volume: 132 shs
Average Volume: 880,990 shs
Market Capitalization: $441.05 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $3.49

Lion Electric MarketRank™ Forecast

Analyst Rating: Hold
2.36 Rating Score
Upside/Downside: 78.8% Upside
$3.49 Price Target
Short Interest: Bearish
6.35% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.20
Based on 3 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($0.34) to ($0.24) Per Share

Overall MarketRank^™

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

1.94 out of 5 stars

Auto/Tires/Trucks Sector

62nd out of 96 stocks

Motor Vehicles & Car Bodies Industry

16th out of 30 stocks

3.2

Analyst's Opinion

Consensus Rating
Lion Electric has received a consensus rating of Hold. The company's average rating score is 2.36, and is based on 4 buy ratings, 7 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $3.49, Lion Electric has a forecasted upside of 78.8% from its current price of $1.95.
Amount of Analyst Coverage
Lion Electric has only been the subject of 4 research reports in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
6.35% of the float of Lion Electric has been sold short.
Short Interest Ratio / Days to Cover
Lion Electric has a short interest ratio ("days to cover") of 8.4.
Change versus previous month
Short interest in Lion Electric has recently decreased by 1.75%, indicating that investor sentiment is improving.

0.0

Dividend Strength

Dividend Yield
Lion Electric does not currently pay a dividend.
Dividend Growth
Lion Electric 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 LEV.

1.8

News and Social Media Coverage

News Sentiment
Lion Electric has a news sentiment score of 0.20. 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 0.49 average news sentiment score of Auto/Tires/Trucks companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for Lion Electric this week, compared to 2 articles on an average week.
Search Interest
Only 4 people have searched for LEV on MarketBeat in the last 30 days. This is a decrease of -79% compared to the previous 30 days.
MarketBeat Follows
Only 3 people have added Lion Electric to their MarketBeat watchlist in the last 30 days. This is a decrease of -57% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Lion Electric insiders have not sold or bought any company stock.
Percentage Held by Insiders
16.60% of the stock of Lion Electric is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
51.06% of the stock of Lion Electric is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3

Earnings and Valuation

Earnings Growth
Earnings for Lion Electric are expected to grow in the coming year, from ($0.34) to ($0.24) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Lion Electric is -8.48, 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 Lion Electric is -8.48, 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
Lion Electric has a P/B Ratio of 0.98. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Lion Electric (NYSE:LEV) Stock

The Lion Electric Company designs, develops, manufactures, and distributes purpose-built all-electric medium and heavy-duty urban vehicles in North America. The company's products include battery systems, chassis, bus bodies, and truck cabins. It also distributes truck and bus parts, as well as accessories. The Lion Electric Company was incorporated in 2008 and is based in Saint-Jérôme, Canada.

LEV Price History

30 days | 90 days | 365 days | Advanced Chart

LEV Stock News Headlines

September 23, 2023 | americanbankingnews.com

The Lion Electric Company (NYSE:LEV) Given Average Recommendation of "Hold" by Analysts

September 19, 2023 | americanbankingnews.com

Head-To-Head Survey: Lion Electric (NYSE:LEV) versus Mercedes-Benz Group (OTCMKTS:MBGAF)

September 25, 2023 | Wall Street Fundamentals (Ad)

Would Buffett Approve of This Growth Strategy?

Warren Buffett's approach has been to find and invest in undervalued businesses with strong potential for growth. Taking this approach to heart and applying it to a Trillion Dollar industry has proved itself in a big way...achieving an incredible 400+% growth during a down market.

September 15, 2023 | barrons.com

Lion Electric Co. Wt

September 9, 2023 | msn.com

EV Stocks vs. Battery Metal: Which Green Investment Should You Choose?

August 9, 2023 | markets.businessinsider.com

Analysts Have Conflicting Sentiments on These NA Companies: Franco-Nevada (FNV) and Lion Electric Company (LEV)

August 4, 2023 | markets.businessinsider.com

BMO Capital Sticks to Their Hold Rating for Lion Electric Company (LEV)

August 3, 2023 | seekingalpha.com

The Lion Electric Company 2023 Q2 - Results - Earnings Call Presentation

September 25, 2023 | Wall Street Fundamentals (Ad)

Would Buffett Approve of This Growth Strategy?

August 3, 2023 | msn.com

The Lion Electric Company (LEV) Reports Q2 Loss, Lags Revenue Estimates

July 25, 2023 | markets.businessinsider.com

Barclays Keeps Their Hold Rating on Lion Electric Company (LEV)

July 21, 2023 | bizjournals.com

Lion Electric Co. officially opens Joliet factory for electric buses and trucks

July 20, 2023 | finance.yahoo.com

Québec Government, Investissement Québec, Fonds de solidarité FTQ and Fondaction Invest US$74 Million in Lion Electric

July 19, 2023 | za.investing.com

Lion Electric closes financing transactions after raising $142M

July 19, 2023 | finance.yahoo.com

LION ELECTRIC CLOSES PREVIOUSLY ANNOUNCED FINANCING TRANSACTIONS

July 18, 2023 | baystreet.ca

Canadian EV Maker Lion Electric Raises $142 Million

July 17, 2023 | msn.com

Why Shares of Fisker and Lion Electric Are Soaring but The Metals Company Is Plunging

July 17, 2023 | msn.com

Lion Electric: High Risk, But Attractive Price Level

July 17, 2023 | markets.businessinsider.com

Why Lion Electric Stock Is Charging Higher Monday

July 17, 2023 | finance.yahoo.com

LION ELECTRIC ANNOUNCES FINANCING TRANSACTIONS FOR APPROXIMATE AGGREGATE GROSS PROCEEDS OF US$142 MILLION

July 14, 2023 | finance.yahoo.com

Private companies own 35% of The Lion Electric Company (TSE:LEV) shares but retail investors control 43% of the company

July 10, 2023 | ca.finance.yahoo.com

3 Green Stocks That Balance Profitability and Responsibility

July 10, 2023 | benzinga.com

5 Battery Stocks Thriving in Growing Market: EPAZ, ABML, ALB, QS, LEV

July 4, 2023 | ca.finance.yahoo.com

LEV - The Lion Electric Company

June 21, 2023 | msn.com

The Future of Transportation: Canadian EV Stocks to Watch in June 2023

June 19, 2023 | theglobeandmail.com

Closing Bell: Lion Electric CO [The] flat on Monday (LEV)

June 17, 2023 | theglobeandmail.com

Closing Bell: The Lion Electric Company WT down on Friday (LEV-WT)

See More Headlines

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LEV Company Calendar

Last Earnings: 8/03/2023
Today: 9/25/2023
Next Earnings (Estimated): 11/09/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Motor vehicles & car bodies
Sub-Industry: N/A
Sector: Auto/Tires/Trucks
Current Symbol: NYSE:LEV
CUSIP: N/A
CIK: 1834974
Web: www.northerngenesis.com
Phone: 45-0432-5466
Fax: N/A
Employees: 1,400
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $3.49
High Stock Price Forecast: $7.00
Low Stock Price Forecast: $2.35
Forecasted Upside/Downside: +78.8%
Consensus Rating: Hold
Rating Score (0-4): 2.36
Research Coverage: 11 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.23)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $17.78 million
Net Margins: -24.55%
Pretax Margin: -24.55%
Return on Equity: -17.95%
Return on Assets: -10.70%

Debt

Debt-to-Equity Ratio: 0.36
Current Ratio: 2.84
Quick Ratio: 1.12

Sales & Book Value

Annual Sales: $139.91 million
Price / Sales: 3.15
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $2.00 per share
Price / Book: 0.98

Miscellaneous

Outstanding Shares: 226,180,000
Free Float: 188,638,000
Market Cap: $441.05 million
Optionable: Not Optionable
Beta: 2.17

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Key Executives

Mr. Marc Bedard (Age 59)
Founder, CEO & Director
Comp: $685.31k

Mr. Nicolas Brunet (Age 40)
Exec. VP & CFO
Comp: $441.32k

Mr. Yannick Poulin (Age 40)
Chief Operating Officer
Comp: $304.93k

Mr. Brian Piern (Age 54)
Chief Commercial Officer
Comp: $346.62k

Mr. Rocco Mezzatesta
Sr. VP of Product Devel. and Engineering & CTO

Mr. Francois Beaulieu
Chief Information Officer

Ms. Isabelle Adjahi
VP of Investor Relations & Sustainable Devel.

Ms. Dominique Perron
Chief Legal Officer & Corp. Sec.

Mr. Dominik Beckman
VP of Marketing & Communications

Ms. Nathalie Giroux (Age 46)
Chief People Officer

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

LEV Stock - Frequently Asked Questions

Should I buy or sell Lion Electric stock right now?: 11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Lion Electric in the last twelve months. There are currently 7 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" LEV shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in LEV, but not buy additional shares or sell existing shares.
View LEV analyst ratings or view top-rated stocks.
What is Lion Electric's stock price forecast for 2023?: 11 Wall Street research analysts have issued 12 month price objectives for Lion Electric's shares. Their LEV share price forecasts range from $2.35 to $7.00. On average, they expect the company's stock price to reach $3.49 in the next year. This suggests a possible upside of 78.8% from the stock's current price.
View analysts price targets for LEV or view top-rated stocks among Wall Street analysts.
How have LEV shares performed in 2023?: Lion Electric's stock was trading at $2.24 at the beginning of the year. Since then, LEV stock has decreased by 12.9% and is now trading at $1.95.
View the best growth stocks for 2023 here.
When is Lion Electric's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, November 9th 2023.
View our LEV earnings forecast.
How were Lion Electric's earnings last quarter?: The Lion Electric Company (NYSE:LEV) posted its quarterly earnings data on Thursday, August, 3rd. The company reported ($0.08) earnings per share for the quarter, beating the consensus estimate of ($0.11) by $0.03. The company earned $58.02 million during the quarter, compared to the consensus estimate of $68.50 million. Lion Electric had a negative net margin of 24.55% and a negative trailing twelve-month return on equity of 17.95%.
What ETFs hold Lion Electric's stock?: ETFs with the largest weight of Lion Electric (NYSE:LEV) stock in their portfolio include Direxion Daily Electric and Autonomous Vehicles Bull 2X Shares (EVAV).First Trust NASDAQ Clean Edge Green Energy Index Fund (QCLN).

What is Lion Electric's stock symbol?: Lion Electric trades on the New York Stock Exchange (NYSE) under the ticker symbol "LEV."
Who are Lion Electric's major shareholders?: Lion Electric's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Richelieu Gestion SA (0.73%), Weiss Asset Management LP (0.00%), Cibc World Market Inc. (0.13%), Swiss National Bank (0.11%), State Street Corp (0.11%) and Mitsubishi UFJ Kokusai Asset Management Co. Ltd. (0.10%).
How do I buy shares of Lion Electric?: Shares of LEV 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 Lion Electric's stock price today?: One share of LEV stock can currently be purchased for approximately $1.95.
How much money does Lion Electric make?: Lion Electric (NYSE:LEV) has a market capitalization of $441.05 million and generates $139.91 million in revenue each year. The company earns $17.78 million in net income (profit) each year or ($0.23) on an earnings per share basis.
How many employees does Lion Electric have?: The company employs 1,400 workers across the globe.
How can I contact Lion Electric?: The official website for the company is www.northerngenesis.com. The company can be reached via phone at 45-0432-5466 or via email at investors@northerngenesis.com.

This page (NYSE:LEV) was last updated on 9/25/2023 by MarketBeat.com Staff

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