Is Volcon Stock a good buy in 2023, according to Wall Street analysts?
The consensus among 1 Wall Street analyst covering (NASDAQ: VLCN) stock is to Strong Buy VLCN stock.
Out of 1 analyst, 1 (100%) are recommending VLCN as a Strong Buy, 0 (0%) are recommending VLCN as a Buy, 0 (0%) are recommending VLCN as a Hold, 0 (0%) are recommending VLCN as a Sell, and 0 (0%) are recommending VLCN as a Strong Sell.
What is VLCN's earnings growth forecast for 2023-2023?
(NASDAQ: VLCN) Volcon'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 N/A, and while it is not forecast to beat the US market's average forecast earnings growth rate of N/A.
Volcon's earnings in 2023 is -$34,235,405.
In 2023, VLCN is forecast to generate -$32,243,337 in earnings, with the lowest earnings forecast at -$32,243,337 and the highest earnings forecast at -$32,243,337.
What is VLCN's forecast return on equity (ROE) for 2023-2023?
(NASDAQ: VLCN) forecast ROE is -5,077.59%, which is considered weak.
What is VLCN's Price Target?
According to 1 Wall Street analyst that have issued a 1 year VLCN price target, the average VLCN price target is $6.00, with the highest VLCN stock price forecast at $6.00 and the lowest VLCN stock price forecast at $6.00.
The Wall Street analyst predicted that Volcon's share price could reach $6.00 by Mar 7, 2024. The average Volcon stock price prediction forecasts a potential upside of 347.76% from the current VLCN share price of $1.34.
What is VLCN's Earnings Per Share (EPS) forecast for 2023-2023?
(NASDAQ: VLCN) Volcon's current Earnings Per Share (EPS) is -$1.45. In 2023, VLCN's EPS is forecast to hit -$1.31 (min: -$1.31, max: -$1.31).
What is VLCN's forecast return on assets (ROA) for 2023-2023?
(NASDAQ: VLCN) forecast ROA is -141.88%, which is lower than the forecast US Auto Manufacturers industry average of 17.85%.
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