Lordstown Motors (RIDE) stock forecast for 2022
Last update: 05-13-2022, 4:37Sector: Consumer cyclical
The share price of Lordstown Motors Corp. (RIDE) now
What analysts predict:: $3.5
52-week high/low: $15.8 / $1.5
50/200 Day Moving Average: $2.568 / $4.263
This figure corresponds to the average price over the previous 50/200 days. For Lordstown Motors stocks, the 50-day moving average is the resistance level today.
For Lordstown Motors stocks, the 200-day moving average is the resistance level today.
Are you interested in Lordstown Motors stocks and want to buy them, or are they already in your portfolio? If yes, then on this page you will find useful information about the dynamics of the Lordstown Motors stock price in 2022. How much will one Lordstown Motors share be worth in 2022?
Is it worth taking profit / loss on Lordstown Motors stock now or waiting? What are analysts' forecasts for Lordstown Motors stock?
We forecast Lordstown Motors stock performance using neural networks based on historical data on Lordstown Motors stocks. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account.
The Lordstown Motors stock prediction results are shown below and presented as a graph, table and text information.
Lordstown Motors stock forecasts are adjusted once a day based on the closing price of the previous trading day.
The minimum target price for Lordstown Motors analysts is $3.5.
Today 200 Day Moving Average is the resistance level (4.263 $).
50 Day Moving Average is the resistance level (2.568 $).
Historical and forecast chart of Lordstown Motors stock
The chart below shows the historical price of Lordstown Motors stock and a prediction chart for the next year. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. Detailed values for the Lordstown Motors stock price can be found in the table below.
Lordstown Motors (RIDE) Forecast for 2022
Lordstown Motors information and performance
Lordstown Motors Corp., formerly DiamondPeak Holdings Corp., is an automobile company. The company develops and manufactures electric vehicles. His car, the Lordstown Endurance, is an electric pickup truck. Its all-wheel drive system uses four hub motors with embedded software. Its hub motor is an electric motor that is built into the wheel hub and drives it directly. The company’s integrated software monitors and regulates each wheel. The company’s telematics system provides owners with a wide range of data for fleet management. Its trucks are targeted at the commercial vehicle fleet market.
Lordstown Motors Address
2300 HALLOCK YOUNG ROAD, LORDSTOWN, OH, US
Market Capitalization: 298 073 000 $
Market capitalization is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of shares in the company outstanding by the market price of one share.
EBITDA: - $
EBITDA is earnings before interest, income tax and depreciation of assets.
PE Ratio: None
P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit
PEG Ratio: None
Price/earnings to growth
Dividend Per Share is a financial indicator equal to the ratio of the company's net profit available for distribution to the annual average of ordinary shares.
Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.
EPS shows how much of the net profit is accounted for by the common share.
Quarterly Earnings Growth YOY: N/A
Quarterly Revenue Growth YOY: N/A
Trailing PE: -
Trailing P/E depends on what has already been done. It uses the current share price and divides it by the total earnings per share for the last 12 months.
Forward PE: 14.79
Forward P/E uses projections of future earnings instead of final numbers.
EV To Revenue: -
Enterprise Value (EV) /Revenue
EV To EBITDA: 0.541
The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).
Shares Outstanding: 196473000
Number of issued ordinary shares
Shares Float: N/A
Number of freely tradable shares
Shares Short Prior Month: N/A
Shares Short Prior Month - the number of shares in short positions in the last month.
Short Ratio: N/A
Percent Insiders: N/A
Percent Institutions: N/A
Lordstown Motors price target for 2021 by month
Target values for the price of one Lordstown Motors share for Jun 2022.
Pessimistic target level: 1.99
Optimistic target level: 2.18
Target values for the price of one Lordstown Motors share for Jul 2022.
Pessimistic target level: 2.11
Optimistic target level: 2.64
Target values for the price of one Lordstown Motors share for Aug 2022.
Pessimistic target level: 2.29
Optimistic target level: 2.68
Target values for the price of one Lordstown Motors share for Sep 2022.
Pessimistic target level: 2.23
Optimistic target level: 2.54
Target values for the price of one Lordstown Motors share for Oct 2022.
Pessimistic target level: 2.14
Optimistic target level: 2.62
Target values for the price of one Lordstown Motors share for Nov 2022.
Pessimistic target level: 2.19
Optimistic target level: 2.72
Target values for the price of one Lordstown Motors share for Dec 2022.
Pessimistic target level: 2.15
Optimistic target level: 2.52
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All forecast data on the site are provided for informational purposes of using neural forecasting tools in the financial market and are not a call to action and, moreover, are not trading signals. When using the forecast data, the investor assumes all financial risks. The pandaforecast.com portal is not responsible for the loss of your money in the stock market as a result of using the information contained on the site.