HyreCar Inc. (HYRE)

NASDAQ: HYRE · IEX Real-Time Price · USD
0.165
-0.285 (-63.33%)
Feb 3, 2023, 3:59 PM EST - Market closed
-63.33%
Market Cap 5.02M
Revenue (ttm) 39.89M
Net Income (ttm) -18.36M
Shares Out 30.41M
EPS (ttm) -0.81
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 4,405,854
Open 0.450
Previous Close 0.450
Day's Range 0.130 - 0.450
52-Week Range 0.130 - 3.570
Beta 2.22
Analysts Buy
Price Target 4.85 (+2,839.39%)
Earnings Date Mar 13, 2023

About HYRE

HyreCar Inc., together with subsidiaries, operates a web-based car-sharing marketplace in the United States. Its marketplace allows car and fleet owners to rent their idle cars to ride-sharing service drivers, such as Uber and Lyft drivers. HyreCar Inc. was incorporated in 2014 and is headquartered in Los Angeles, California. [Read more]

Sector Industrials
IPO Date Jun 27, 2018
Employees 76
Stock Exchange NASDAQ
Ticker Symbol HYRE
Full Company Profile

Financial Performance

In 2021, HyreCar's revenue was $35.72 million, an increase of 41.55% compared to the previous year's $25.23 million. Losses were -$25.95 million, 70.5% more than in 2020.

Financial Statements

Analyst Forecast

According to 10 analysts, the average rating for HYRE stock is "Buy." The 12-month stock price forecast is $4.85, which is an increase of 2,839.39% from the latest price.

Price Target
$4.85
(2,839.39% upside)
Analyst Consensus: Buy
Stock Forecasts

News

HyreCar Launches HyreCar Select Program to Increase Volume and Diversity of Car Supply

HyreCar Select unlocks new makes and models and is expected to increase quantity and diversity of EV and ICE cars available for rent on the carsharing platform HyreCar Select unlocks new makes and mod...

1 week ago - GlobeNewsWire

HyreCar Announces $12.25 Million in Financing to Further Accelerate Growth and Terminates “At-the-Market” Offering

LOS ANGELES, Jan. 06, 2023 (GLOBE NEWSWIRE) -- HyreCar Inc. (NASDAQ: HYRE), the carsharing marketplace for ridesharing and food and package delivery services, today announced that it had raised $12.25...

1 month ago - GlobeNewsWire

HyreCar Focused on Sustainable Topline Growth and Profitability as In-fleeted and Net New Vehicle Counts Increase

LOS ANGELES, Dec. 12, 2022 (GLOBE NEWSWIRE) -- HyreCar Inc. (NASDAQ: HYRE), the carsharing marketplace for ridesharing and food and package delivery services, today announced updates on progress of it...

1 month ago - GlobeNewsWire

HyreCar Announces Financial Results and Highlights for the Third Quarter 2022

LOS ANGELES, Nov. 14, 2022 (GLOBE NEWSWIRE) -- HyreCar Inc. (NASDAQ: HYRE), the carsharing marketplace for ridesharing and food and package delivery services, today reported financial results and prov...

2 months ago - GlobeNewsWire

HyreCar to Report Third Quarter 2022 Financial Results and Provide Corporate Update

Conference Call to be held Monday, November 14, 2022, at 4:30 p.m. Eastern Time Conference Call to be held Monday, November 14, 2022, at 4:30 p.m. Eastern Time

3 months ago - GlobeNewsWire

HyreCar, Inc. Announces Participation in LD Micro Main Event XV Conference

LOS ANGELES, Oct. 18, 2022 (GLOBE NEWSWIRE) -- HyreCar Inc. (NASDAQ: HYRE), the carsharing marketplace for rideshare and food/beverage delivery, today announced CEO Joe Furnari's participation in the ...

3 months ago - GlobeNewsWire

New Strong Buy Stocks for October 6th

PUBM, VSH, BMTX, SCOR and HYRE have been added to the Zacks Rank #1 (Strong Buy) List on October 6, 2022.

Other symbols: BMTXPUBMSCORVSH
4 months ago - Zacks Investment Research

HyreCar's Fleet Partner AmeriDrive Initiates First New Car Purchases

Agreement to source vehicles from one of the largest rental car companies in the United States Agreement to source vehicles from one of the largest rental car companies in the United States

4 months ago - GlobeNewsWire

HyreCar Appoints Eduardo Iniguez as Interim CFO and Rob MacKethan as Head of Risk & Insurance

LOS ANGELES, Sept. 19, 2022 (GLOBE NEWSWIRE) -- HyreCar Inc. (NASDAQ: HYRE), the leader in carsharing for rideshare and food/beverage delivery, announced today that it has appointed Eduardo Iniguez as...

4 months ago - GlobeNewsWire

7 Penny Stocks That Actually Have a Buy Rating

Finding penny stocks with buy ratings is becoming increasingly difficult. The higher interest rates go, the more risk-averse the markets become.

Other symbols: AGENMNKDNNDMTBLT
4 months ago - InvestorPlace

HyreCar (HYRE) Is Attractively Priced Despite Fast-paced Momentum

If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, HyreCar (HYRE) could be a great choice. It is one of the several stocks that passed ...

5 months ago - Zacks Investment Research

What Is Going on With HyreCar (HYRE) Stock Today?

Source: Maridav / Shutterstock.com Shares of HyreCar (NASDAQ: HYRE) stock are up by over 50% today after the company announced that it has received a $100 million revolving line of credit (RLOC) from...

5 months ago - InvestorPlace

HyreCar Narrows Guidance Based on Strong Second Quarter Performance

LOS ANGELES, July 12, 2022 (GLOBE NEWSWIRE) -- HyreCar Inc. (Nasdaq: HYRE), the carsharing marketplace for ridesharing and food/package delivery services, today issued revised guidance of expected net...

7 months ago - GlobeNewsWire

HyreCar Appoints New CTO to Scale Platform Capacity to Over 100,000 Vehicles

LOS ANGELES--(BUSINESS WIRE)--HyreCar Inc. (NASDAQ: HYRE), the carsharing marketplace for ridesharing and food/package delivery services, today announced the appointment of Greg Tatem as Chief Technol...

9 months ago - Business Wire

HyreCar Announces First Quarter 2022 Financial Results

LOS ANGELES--(BUSINESS WIRE)--HyreCar Inc. (Nasdaq: HYRE), the carsharing marketplace for ridesharing and food/package delivery services, today reported financial results and provided a corporate upda...

9 months ago - Business Wire

HyreCar to Report First Quarter 2022 Financial Results on Monday, May 16, 2022 and Provide Corporate Update

LOS ANGELES--(BUSINESS WIRE)--HyreCar Inc. (NASDAQ: HYRE), the carsharing marketplace for ridesharing and food/package delivery services, today announces that it will report first quarter 2022 financi...

9 months ago - Business Wire

7 Oversold Stocks to Scoop Up in May 2022

There are a few golden opportunities on the market, with quite a few quality companies being oversold due to overreactions. The post 7 Oversold Stocks to Scoop Up in May 2022 appeared first on Investo...

Other symbols: FCXNVTAPSTGPWSHOPVALE
10 months ago - InvestorPlace

HyreCar Announces Full-Year 2021 Results

LOS ANGELES--(BUSINESS WIRE)--HyreCar Inc. (NASDAQ: HYRE), the carsharing marketplace for ridesharing and food/package delivery services, today reported financial results and provided a corporate upda...

11 months ago - Business Wire

HyreCar to Report Fourth Quarter and Year End 2021 Financial Results on Tuesday, March 15, 2022 and Provide Corporate Update

LOS ANGELES--(BUSINESS WIRE)--HyreCar Inc. (NASDAQ: HYRE), the carsharing marketplace for ridesharing and food/package delivery services, today announces that it will report fourth quarter and year-en...

11 months ago - Business Wire

HyreCar Announces Business Updates

LOS ANGELES--(BUSINESS WIRE)--HyreCar Inc. (NASDAQ: HYRE), the carsharing marketplace for ridesharing, food, and package delivery services, today provided an update to shareholders from CEO Joe Furnar...

1 year ago - Business Wire

Are Options Traders Betting on a Big Move in HyreCar (HYRE) Stock?

Investors need to pay close attention to HyreCar (HYRE) stock based on the movements in the options market lately.

1 year ago - Zacks Investment Research

HyreCar Joins Hand With Spring Free EV To Expand Availability Of EVs

HyreCar Inc (NASDAQ: HYRE) has partnered with Spring Free EV, Inc., a financial technology company, to expand the availability of electric vehicles on its carsharing platform through financing for fle...

1 year ago - Benzinga

HyreCar Partners with Spring Free EV to Dramatically Expand Availability of Electric Vehicles on its Platform Through Innovative Financing for Fleet Owners

LOS ANGELES--(BUSINESS WIRE)---- $HYRE #electricvehicles--HyreCar Inc. (NASDAQ: HYRE), the carsharing marketplace for ridesharing and delivery services, today announced a partnership with Spring Free ...

1 year ago - Business Wire

HyreCar to Present at the Q4 Investor Summit Conference

LOS ANGELES--(BUSINESS WIRE)---- $HYRE #InvestorSummit--HyreCar Inc. (NASDAQ: HYRE), the carsharing marketplace for ridesharing, food, and package delivery services, today announced that Chief Executi...

1 year ago - Business Wire

Analysts Bullish On This Car-Sharing Marketplace Amid Stock's Pullback

Ladenburg Thalmann analyst Jon Hickman upgraded HyreCar Inc (NASDAQ:HYRE) to Buy from Neutral and lowered the price target to $10.50 (an upside of 51%), from $15. Hickman mentions that the company rep...

1 year ago - Benzinga