Embark Technology, Inc. (EMBK)

Aug 2, 2023 - EMBK was delisted (reason: acquired by Applied Intuition)
2.880
0.00 (0.00%)
Last trade price
Market Cap 70.20M
Revenue (ttm) n/a
Net Income (ttm) -147.78M
Shares Out 24.37M
EPS (ttm) -6.31
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 131,771
Open 2.870
Previous Close 2.880
Day's Range 2.870 - 2.880
52-Week Range 2.020 - 26.200
Beta 1.58
Analysts Hold
Price Target 3.50 (+21.53%)
Earnings Date Aug 14, 2023

About EMBK

Embark Technology, Inc. develops self-driving software solutions for the trucking industry in the United States. Its solutions include Embark Driver, an autonomous trucking software; Embark Universal Interface, an interoperable self-driving stack that works across truck OEM platforms; and Embark Guardian, a cloud-based autonomous fleet management solution that gives carriers control over air updates, remote vehicle monitoring, remote vehicle assist, dispatching and access to real time data, such as weather and construction. The company was inco... [Read more]

Sector Technology
Founded 2016
Employees 329
Stock Exchange NASDAQ
Ticker Symbol EMBK
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for EMBK stock is "Hold." The 12-month stock price forecast is $3.5, which is an increase of 21.53% from the latest price.

Price Target
$3.5
(21.53% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Calling All Embark Trucks Inc. (EMBK) Investors: Contact Bronstein, Gewirtz & Grossman, LLC To Claim Your Losses

NEW YORK--(BUSINESS WIRE)---- $EMBK #classaction--Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Northern Genesis Acquisition Cor...

5 weeks ago - Business Wire

SHAREHOLDER ALERT: Monteverde & Associates PC Launches an Investigation in connection with the 2021 merger with Embark Trucks by Northern Genesis Acquisition Corp. II (NGAB)

NEW YORK , Nov. 10, 2023 /PRNewswire/ -- Juan Monteverde , founder and managing partner of the class action firm Monteverde & Associates PC (the "M&A Class Action Firm"), a national securities firm ra...

5 months ago - PRNewsWire

Pomerantz LLP Announces Proposed Class Action Settlement on Behalf of Purchasers of Northern Genesis Acquisition Corp. II and Embark Technology, Inc. Common Stock

SAN FRANCISCO , Oct. 16, 2023 /PRNewswire/ -- Pomerantz LLP announces that the United States District Court for the Northern District of California-San Francisco Division has approved the following an...

6 months ago - PRNewsWire

EMBARK TECHNOLOGY INVESTOR ALERT by The Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Embark Technology, Inc. - EMBK

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Embark Technolog...

11 months ago - Business Wire

EMBK Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Embark Technology, Inc. Is Fair to Shareholders

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Embark Technology, Inc. (NASDAQ: EMBK) to Applied Intuition, Inc. for $2.88 per share in ...

1 year ago - Business Wire

Embark Technology goes private in $71M deal

Embark Technology, an early mover in autonomous trucking that ran out of money to get to commercial production, said Thursday it would go private in a $71 million all-cash merger with Applied Intuitio...

1 year ago - FreightWaves

Applied Intuition to buy autonomous trucking SPAC Embark for $71M

Embark Trucks, the autonomous trucking company that recently cut 70% of its workforce, is being acquired by Applied Intuition, a simulation and software provider for autonomous vehicle development. Th...

1 year ago - TechCrunch

Applied Intuition, Inc. to Acquire Embark Technology, Inc. to Enhance Its Products for Autonomous Vehicle Development

MOUNTAIN VIEW, Calif. , May 25, 2023 /PRNewswire/ --  Applied Intuition, Inc. , a tooling and software provider for autonomous vehicle development, and Embark Technology, Inc. (NASDAQ: EMBK), an auton...

1 year ago - PRNewsWire

Self-driving truck startup Embark says it may go bust, shares plunge 33%

Shares of autonomous-truck startup Embark Technology Inc. sank Monday after the company announced deep layoffs and said it may go out of business.

1 year ago - Market Watch

Embark shares tank as autonomous trucking firm mulls 'shutting down completely'

Shares of Embark Technology Inc lost nearly a third of their value on Monday after the self-driving truck company announced it would lay off 70% of its employees and start evaluating options, includin...

1 year ago - Reuters

The Takeaways From the Latest Hedge Fund 13F Disclosures

Bloomberg's Sonali Basak reports on the takeaways from this quarter's 13F disclosures by hedge funds. Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles an...

Other symbols: EGHTPYPLRDFN
1 year ago - Bloomberg Markets and Finance

Embark Trucks Appoints Simina Simion as First Chief People Officer

Simion brings over fifteen years of experience fostering winning environments at early- and late-stage companies across both public and private sectors Simion brings over fifteen years of experience f...

1 year ago - GlobeNewsWire

Embark Provides First Embark-Powered Truck to Knight-Swift as Part of Industry-First Truck Transfer Program

Embark and Knight-Swift's Truck Transfer Program marks a significant milestone, as a carrier begins to integrate Embark's technology into existing operations for the first time Embark and Knight-Swift...

1 year ago - GlobeNewsWire

Embark Announces Third Quarter 2022 Financial Results

— Embark Coverage Map Expands to Launch Coast-to-Coast Autonomous Trucking Network —

1 year ago - GlobeNewsWire

Embark Launches Backbone of Coast-To-Coast Autonomous Trucking Network to Automate Core Sunbelt Lanes for Carrier Partners

Embark Coverage Map expansion is made possible by Embark's transfer point model, leveraging Alterra Property Group and Ryder services at sites in key markets Embark Coverage Map expansion is made poss...

1 year ago - GlobeNewsWire

Embark Trucks ($EMBK) and One Stop Systems ($OSS) Partner to Deliver Solutions for Autonomous Trucks

Embark Trucks (NASDAQ: EMBK), a leading developer of autonomous technology for the trucking industry, has selected One Stop Systems (NASDAQ: OSS) to equip Embark's test fleet with the highest-performa...

Other symbols: OSS
1 year ago - Green Stock News

Embark Announces Date for Third Quarter 2022 Financial Results

SAN FRANCISCO, Oct. 19, 2022 (GLOBE NEWSWIRE) -- Embark Technology, Inc. (Nasdaq: EMBK) (“Embark”), a leading developer of autonomous technology for the trucking industry, will announce its third quar...

1 year ago - GlobeNewsWire

How One Company Is Making Self-Driving Trucks A Reality

Sponsor Content by Dell Technologies There is currently a truck driver shortage of 80,000 people — a number that is expected to double by 2030. Embark is a self-driving trucking company that is using ...

1 year ago - Business Insider

Embark Appoints Penny Herscher as New Board Chair

SAN FRANCISCO, Sept. 12, 2022 (GLOBE NEWSWIRE) -- Embark Trucks, Inc. (Nasdaq: EMBK, “Embark”), a leading developer of autonomous technology for the trucking industry, today announced the appointment ...

1 year ago - GlobeNewsWire

Embark Technology Announces Completion of Reverse Stock Split

EMBK Class A common stock will begin trading on a split-adjusted basis on August 17, 2022 EMBK Class A common stock will begin trading on a split-adjusted basis on August 17, 2022

1 year ago - GlobeNewsWire

Embark Announces Second Quarter 2022 Financial Results

— Embark Has Perfect Safety Record In NHTSA ADS Crash Data Release —

1 year ago - GlobeNewsWire

Embark Completes Successful Public Demonstration of Emergency Vehicle Interaction Capability with Texas Law Enforcement Agencies

–Company collaborates with Texas Department of Public Safety and Travis County Sheriff's Office to simulate real-world scenarios on Texas public highways –Successful demonstration is an industry-first...

1 year ago - GlobeNewsWire

Embark Announces Date for Second Quarter 2022 Financial Results

SAN FRANCISCO, July 15, 2022 (GLOBE NEWSWIRE) -- Embark Technology, Inc. (Nasdaq: EMBK) (“Embark”), a leading developer of autonomous technology for the trucking industry, will announce its second qua...

1 year ago - GlobeNewsWire

Embark Partners with Texas Law Enforcement Agency, Marking Key Progress on Emergency Vehicle Interaction Technology

–Company is on track to achieve and demonstrate emergency vehicle interaction capability this summer –Capability being developed with engagement from the Texas Department of Public Safety

2 years ago - GlobeNewsWire

DEADLINE TODAY: The Schall Law Firm Encourages Investors in Embark Technology, Inc. with Losses of $100,000 to Contact the Firm

Los Angeles, California--(Newsfile Corp. - May 31, 2022) - The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Embark Technology, In...

2 years ago - Newsfile Corp