Embark Technology, Inc. (EMBK)
| 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]
Financial Performance
Financial StatementsAnalyst Summary
According to 2 analysts, the average rating for EMBK stock is "Hold." The 12-month stock price target is $3.5, which is an increase of 21.53% from the latest price.
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...
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...
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...
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...
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...
Embark Technology: Does This Tech Stub Cigar Butt Have One Last Puff?
Embark is a pre-revenue de-SPAC that has thrown in the towel and is seeking strategic alternatives. Fortunately, its balance sheet holds a substantial cash position.
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.
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...
Embark Technology: Leading Player In The Race To Autonomous Trucking
Embark is ahead of the curve in terms of proving its autonomous trucking concept, with significant miles on the road and an unblemished safety record. The company's strategy as well as its value propo...
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...
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...
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...
Embark Technology, Inc. (EMBK) Q3 2022 Earnings Call Transcript
Embark Technology, Inc. (NASDAQ:EMBK) Q3 2022 Earnings Conference Call November 8, 2022 8:30 AM ET Company Participants Adam Fee - Strategic Finance Alex Rodrigues - Co-Founder and Chief Executive Of...
Embark Announces Third Quarter 2022 Financial Results
— Embark Coverage Map Expands to Launch Coast-to-Coast Autonomous Trucking Network —
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...
Embark: Is Autonomous Trucking Going The Uncertain Way Of The Metaverse?
Autonomous trucking company, Embark Technologies, has faced material headwinds since going public as it tries to commercialize its self-driving software. Cash burn from operations continues to stack u...
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...
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...
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 ...
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 ...
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
Embark Technology, Inc. (EMBK) CEO Alex Rodrigues on Q2 2022 Results - Earnings Call Transcript
Embark Technology, Inc. (NASDAQ:EMBK) Q2 2022 Earnings Conference Call August 11, 2022 4:30 PM ET Company Participants Bill Ong - Head, IR Alex Rodrigues - CEO, Founder & Director Richard Hawwa - CFO...
Embark Announces Second Quarter 2022 Financial Results
— Embark Has Perfect Safety Record In NHTSA ADS Crash Data Release —
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...
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...