HyreCar Inc. (HYRE)
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]
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 StatementsAnalyst 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.
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...

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...

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...

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...

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

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 ...

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.

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

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...

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.

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 ...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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.

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...

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 ...

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...

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...