The Lion Electric Company (LEV)
NYSE: LEV · Real-Time Price · USD
0.220
-0.019 (-7.83%)
At close: Nov 22, 2024, 4:00 PM
0.212
-0.008 (-3.55%)
After-hours: Nov 22, 2024, 7:48 PM EST
The Lion Electric Company Stock Forecast
LEV's stock price has decreased by -86.34% in the past year and price targets may not have had time to catch up.
Stock Price Forecast
The 4 analysts with 12-month price forecasts for LEV stock have an average target of 1.15, with a low estimate of 0.60 and a high estimate of 2.00. The average target predicts an increase of 422.73% from the current stock price of 0.22.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for LEV stock from 4 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 1 | 1 | 1 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 3 | 3 | 3 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 4 | 4 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| BMO Capital | BMO Capital | Hold Maintains $0.8 → $0.6 | Hold | Maintains | $0.8 → $0.6 | +172.73% | Nov 8, 2024 |
| DA Davidson | DA Davidson | Strong Buy → Hold Downgrades $1.5 → $1 | Strong Buy → Hold | Downgrades | $1.5 → $1 | +354.55% | Aug 12, 2024 |
| DA Davidson | DA Davidson | Strong Buy Maintains $3.5 → $1.5 | Strong Buy | Maintains | $3.5 → $1.5 | +581.82% | May 13, 2024 |
| BMO Capital | BMO Capital | Hold Maintains $2 → $1 | Hold | Maintains | $2 → $1 | +354.55% | May 9, 2024 |
| Barclays | Barclays | Hold Maintains $2 → $1 | Hold | Maintains | $2 → $1 | +354.55% | May 9, 2024 |
Financial Forecast
Revenue This Year
159.44M
from 253.50M
Decreased by -37.10%
Revenue Next Year
269.21M
from 159.44M
Increased by 68.85%
EPS This Year
-0.43
from -0.46
EPS Next Year
-0.30
from -0.43
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 199.5M | 341.5M | 378.9M | ||
| Avg | 159.4M | 269.2M | 261.0M | ||
| Low | 137.2M | 176.0M | 152.9M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -21.3% | 114.2% | 40.7% | ||
| Avg | -37.1% | 68.8% | -3.0% | ||
| Low | -45.9% | 10.4% | -43.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.38 | -0.16 | -0.07 |
| Avg | -0.43 | -0.30 | -0.07 |
| Low | -0.46 | -0.50 | -0.07 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | - | - |
| Avg | - | - | - |
| Low | - | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.