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NASDAQ: SOLO
Electrameccanica Vehicles Corp Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for SOLO

Based on 1 analyst offering 12 month price targets for Electrameccanica Vehicles Corp.
Min Forecast
$0.60+25%
Avg Forecast
$0.60+25%
Max Forecast
$0.60+25%

Should I buy or sell SOLO stock?

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

Be the first to know when Wall Street analysts revise their SOLO stock forecasts and price targets.

SOLO stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Stifel Nicolaus
Bottom 6%
6
HoldDowngrades$0.60+25.00%2023-03-21

1 of 1

Forecast return on equity

Is SOLO forecast to generate an efficient return?
Company
28.5%
Industry
57.22%
Market
52.51%
SOLO's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is SOLO forecast to generate an efficient return on assets?
Company
25.31%
Industry
26.17%
SOLO is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

SOLO earnings per share forecast

What is SOLO's earnings per share in the next 3 years based on estimates from 2 analysts?
Avg 1 year Forecast
-$0.38
Avg 2 year Forecast
$0.20
Avg 3 year Forecast
$0.45

SOLO revenue forecast

What is SOLO's revenue in the next 3 years based on estimates from 2 analysts?
Avg 1 year Forecast
$102.7M+1,754.98%
Avg 2 year Forecast
$472.5M+8,437.61%
Avg 3 year Forecast
$597.9M+10,704.6%
SOLO's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

SOLO revenue growth forecast

How is SOLO forecast to perform vs Auto Manufacturers companies and vs the US market?
Company
740.58%
Industry
46.36%
Market
9.33%
SOLO's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
SOLO's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

SOLO vs Auto Stocks

TickerPricePrice TargetUp/downsideConsensus
SOLO$0.48$0.60+25.00%Hold
GP$2.08$7.00+236.54%Strong Buy
AMV$0.64$15.00+2,243.75%Strong Buy
SEV$0.39$5.80+1,387.18%Buy
VLCN$1.38$6.00+334.78%Strong Buy
View Top Auto Stocks

Electrameccanica Vehicles Stock Forecast FAQ

Is Electrameccanica Vehicles Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 1 Wall Street analyst covering (NASDAQ: SOLO) stock is to Hold SOLO stock.

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

If you're new to stock investing, here's how to buy Electrameccanica Vehicles stock.

What is SOLO's earnings growth forecast for 2023-2025?

(NASDAQ: SOLO) Electrameccanica Vehicles's forecast annual earnings growth rate of N/A is not forecast to beat the US Auto Manufacturers industry's average forecast earnings growth rate of 13.51%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 26.86%.

Electrameccanica Vehicles's earnings in 2023 is -$76,524,474.On average, 2 Wall Street analysts forecast SOLO's earnings for 2023 to be -$45,177,481, with the lowest SOLO earnings forecast at -$49,933,005, and the highest SOLO earnings forecast at -$41,610,838. On average, 2 Wall Street analysts forecast SOLO's earnings for 2024 to be $23,777,622, with the lowest SOLO earnings forecast at -$24,966,503, and the highest SOLO earnings forecast at $72,521,746.

In 2025, SOLO is forecast to generate $53,499,649 in earnings, with the lowest earnings forecast at $4,755,524 and the highest earnings forecast at $102,243,773.

What is SOLO's revenue growth forecast for 2023-2025?

(NASDAQ: SOLO) Electrameccanica Vehicles's forecast annual revenue growth rate of 740.58% is forecast to beat the US Auto Manufacturers industry's average forecast revenue growth rate of 46.36%, and and it is also forecast to beat the US market's average forecast revenue growth rate of 9.33%.

Electrameccanica Vehicles's revenue in 2023 is $5,533,753.On average, 2 Wall Street analysts forecast SOLO's revenue for 2023 to be $12,203,864,286, with the lowest SOLO revenue forecast at $9,546,715,072, and the highest SOLO revenue forecast at $14,861,013,500. On average, 2 Wall Street analysts forecast SOLO's revenue for 2024 to be $56,168,686,625, with the lowest SOLO revenue forecast at $33,871,221,969, and the highest SOLO revenue forecast at $78,466,151,280.

In 2025, SOLO is forecast to generate $71,083,199,773 in revenue, with the lowest revenue forecast at $56,566,961,786 and the highest revenue forecast at $85,599,437,760.

What is SOLO's forecast return on assets (ROA) for 2023-2025?

(NASDAQ: SOLO) forecast ROA is 25.31%, which is lower than the forecast US Auto Manufacturers industry average of 26.17%.

What is SOLO's Price Target?

According to 1 Wall Street analyst that have issued a 1 year SOLO price target, the average SOLO price target is $0.60, with the highest SOLO stock price forecast at $0.60 and the lowest SOLO stock price forecast at $0.60.

The Wall Street analyst predicted that Electrameccanica Vehicles's share price could reach $0.60 by Mar 21, 2024. The average Electrameccanica Vehicles stock price prediction forecasts a potential upside of 25% from the current SOLO share price of $0.48.

What is SOLO's Earnings Per Share (EPS) forecast for 2023-2025?

(NASDAQ: SOLO) Electrameccanica Vehicles's current Earnings Per Share (EPS) is -$0.65. On average, analysts forecast that SOLO's EPS will be -$0.38 for 2023, with the lowest EPS forecast at -$0.42, and the highest EPS forecast at -$0.35. On average, analysts forecast that SOLO's EPS will be $0.20 for 2024, with the lowest EPS forecast at -$0.21, and the highest EPS forecast at $0.61. In 2025, SOLO's EPS is forecast to hit $0.45 (min: $0.04, max: $0.86).

What is SOLO's forecast return on equity (ROE) for 2023-2025?

(NASDAQ: SOLO) forecast ROE is 28.5%, which is considered strong.
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