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NASDAQ: RIDE
Lordstown Motors Corp Stock Forecast, Predictions & Price Target

Analyst price target for RIDE

Based on 1 analyst offering 12 month price targets for Lordstown Motors Corp.
Min Forecast
$7.50+132.92%
Avg Forecast
$7.50+132.92%
Max Forecast
$7.50+132.92%

Should I buy or sell RIDE stock?

Based on 1 analyst offering ratings for Lordstown Motors Corp.
Strong Sell
Strong Buy
0 analysts 0%
Buy
0 analysts 0%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
1 analysts 100%

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RIDE stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Goldman Sachs
Top 5%
96
Strong SellMaintains$7.50+132.92%2023-04-12

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Forecast return on equity

Is RIDE forecast to generate an efficient return?
Company
-157.75%
Industry
39.63%
Market
14.03%
RIDE's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is RIDE forecast to generate an efficient return on assets?
Company
-105.29%
Industry
19.24%
RIDE is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

RIDE revenue growth forecast

How is RIDE forecast to perform vs Auto Manufacturers companies and vs the US market?
Company
13,349.09%
Industry
303.38%
Market
16.73%
RIDE's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
RIDE's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

RIDE vs Auto Stocks

TickerPricePrice TargetUp/downsideConsensus
RIDE$3.22$7.50+132.92%Strong Sell
ARVL$3.75N/AN/A
GP$2.55N/AN/A
VEV$0.84N/AN/A
SOLO$0.54$0.60+11.11%Hold

Lordstown Motors Stock Forecast FAQ

Is Lordstown Motors Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 1 Wall Street analyst covering (NASDAQ: RIDE) stock is to Strong Sell RIDE stock.

Out of 1 analyst, 0 (0%) are recommending RIDE as a Strong Buy, 0 (0%) are recommending RIDE as a Buy, 0 (0%) are recommending RIDE as a Hold, 0 (0%) are recommending RIDE as a Sell, and 1 (100%) are recommending RIDE as a Strong Sell.

If you're new to stock investing, here's how to buy Lordstown Motors stock.

What is RIDE's forecast return on equity (ROE) for 2023-2024?

(NASDAQ: RIDE) forecast ROE is -157.75%, which is considered weak.

What is RIDE's Price Target?

According to 1 Wall Street analyst that have issued a 1 year RIDE price target, the average RIDE price target is $7.50, with the highest RIDE stock price forecast at $7.50 and the lowest RIDE stock price forecast at $7.50.

The Wall Street analyst predicted that Lordstown Motors's share price could reach $7.50 by Apr 12, 2024. The average Lordstown Motors stock price prediction forecasts a potential upside of 132.92% from the current RIDE share price of $3.22.

What is RIDE's forecast return on assets (ROA) for 2023-2024?

(NASDAQ: RIDE) forecast ROA is -105.29%, which is lower than the forecast US Auto Manufacturers industry average of 19.24%.
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