Lordstown Motors Corp. (RIDE)

NASDAQ: RIDE · IEX Real-Time Price · USD
2.80
+0.18 (6.87%)
At close: Aug 12, 2022 4:00 PM
2.71
-0.09 (-3.21%)
After-hours: Aug 12, 2022 7:59 PM EDT
6.87%
Market Cap 576.44M
Revenue (ttm) n/a
Net Income (ttm) -202.93M
Shares Out 205.87M
EPS (ttm) -2.01
PE Ratio n/a
Forward PE 14.79
Dividend n/a
Ex-Dividend Date n/a
Volume 7,521,041
Open 2.67
Previous Close 2.62
Day's Range 2.61 - 2.90
52-Week Range 1.49 - 8.93
Beta 1.23
Analysts Sell
Price Target 3.70 (+32.1%)
Earnings Date Aug 4, 2022

About RIDE

Lordstown Motors Corp. develops, manufactures, and sells Endurance, an electric full-size pickup truck for fleet customers. The company was founded in 2019 and is based in Lordstown, Ohio. [Read more...]

Industry Automobiles
Founded 2019
Employees 632
Stock Exchange NASDAQ
Ticker Symbol RIDE
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 10 analysts, the average rating for RIDE stock is "Sell." The 12-month stock price forecast is 3.7, which is an increase of 32.14% from the latest price.

Price Target
$3.7
(32.14% upside)
Analyst Consensus: Sell
Stock Forecasts

News

Why Tesla, Nikola, and Lordstown All Rose Today

Added incentives to boost the EV market could be coming soon if the Inflation Reduction Act is passed and signed into law, as it's expected to be.

Other symbols: NKLATSLA

Why QuantumScape, Nikola, and Lordstown Stocks Jumped Today

EV investors are moving into the sector ahead of the expected passage of new legislation that has billions of dollars aimed at supporting clean energy products.

Other symbols: NKLAQS

Why Alternative Energy Stocks Popped Today

A climate change bill has officially passed the Senate and that's boosting some stocks today.

Other symbols: BLNKWPRT

Why Lordstown Motors Stock Surged 32% This Week

The embattled electric-vehicle maker is finally on its way to selling its first trucks.

Why Lordstown Motors Stock Jumped on Thursday

Shareholders initially liked what they saw from earnings.

Why Tesla and Other EV Stocks Rocketed Higher in July

Tesla surprised investors with better-than-expected second-quarter results.

Other symbols: TSLAGOEV

Why Is Lordstown Motors (RIDE) Stock Up Today?

Electric vehicle manufacturer Lordstown Motors (NASDAQ: RIDE ) – which specializes in light-duty vehicles aimed at the commercial fleet market — reported its first quarterly profit, according to Reuters...

7 Cheap Electric Vehicle Stocks to Buy Before They Boom

Environment consciousness, governmental policy support, and improved charging infrastructure are among the factors that contributed to the strong uptake of electric vehicles (EVs) in recent years. More ...

Other symbols: ARVLGOEVNIOSEVWKHSF

Why Are EV Stocks FSR, NKLA, RIDE Up Today?

Today's traders are evidently feeling optimistic about electric vehicle (EV) companies Fisker (NYSE: FSR ), Nikola (NASDAQ: NKLA ) and Lordstown Motors (NASDAQ: RIDE ). Indeed, EV stocks are generally p...

Other symbols: FSRNKLA

Lordstown Motors expects limited production and deliveries of electric pickup in 2022

Lordstown said production of its Endurance electric pickup will be slow and largely reliant on capital availability.

Lordstown Motor shares up 4.8% premarket after posting small Q2 profit and affirming on track with Endurance electric...

Lordstown Motors Corp. shares RIDE, +13.57% rose 4.8% in premarket trade Thursday, after the company surprised with a small second-quarter profit as it gears up for the launch of its Endurance truck in ...

Lordstown Motors reports first quarterly profit on asset sale to Foxconn

Lordstown Motors Corp on Thursday reported its first quarterly profit as the electric-vehicle company benefited from the sale of certain assets including its Ohio assembly line to Taiwanese contract man...

Lordstown Motors Reports Second Quarter 2022 Financial Results

LORDSTOWN, Ohio , Aug. 4, 2022 /PRNewswire/ -- Lordstown Motors Corp. (Nasdaq: RIDE), ("Lordstown Motors" or "LMC"), an original equipment manufacturer ("OEM") of electric light duty vehicles focused on...

4 EV Stocks to Sell Before the Great EV Consolidation Kills Them

[Editor's note: “4 EV Stocks to Sell Before the Great EV Consolidation Kills Them ” was previously published in June 2022 . It has since been updated to include the most relevant information available.

Other symbols: AYROFUVWKHS

Why Nikola, Lordstown, and Blink Charging Stocks Dropped Today

After spiking yesterday, some EV company stocks got a reality check today.

Other symbols: BLNKNKLA

Why Tesla, Nikola, and Lordstown Motors Stocks Are Rising Today

The Senate is closer to passing a bill that includes EV tax credits.

Other symbols: NKLATSLA

Why QuantumScape, Lordstown, and Faraday Future Stocks Sank Today

Investors are worried that another EV name might bite the dust.

Other symbols: FFIEQS

Lordstown Motors Announces Timing of Second Quarter 2022 Financial Results and Webcast

LORDSTOWN, Ohio , July 21, 2022 /PRNewswire/ -- Lordstown Motors Corp. (Nasdaq: RIDE), ("Lordstown Motors"), an original equipment manufacturer (OEM) of electric vehicles focused on the commercial fleet...

3 Auto Stocks to Sell Now

China lockdowns, cash flow issues and production delays have led to a downward trend in auto stocks. Here are 3 auto stocks to sell now.

Other symbols: TSLAWKHS

Why Lordstown Motors Stock Popped Today

A management shakeup signaled the company is ready to move to its next stage of development.

Lordstown Motors (RIDE) Stock Revs Up With New CEO

Lordstown Motors announced broad changes to its leadership roster today, including a new CEO. RIDE stock is up 1% so far on the news.

Electric vehicle startup Lordstown Motors names new CEO following Foxconn deal

Veteran engineer Edward Hightower will lead Lordstown as it transitions to product development.

Lordstown Motors names Edward Hightower as CEO

Shares of Lordstown Motors Corp. rose 1.2% in premarket trading Tuesday, after the electric vehicle maker named President Edward Hightower to the additional role of chief executive officer, effective im...

Lordstown CEO Daniel Ninivaggi steps down

Electric vehicle startup Lordstown Motors Corp's Chief Executive Officer Daniel Ninivaggi will step down with immediate effect and Edward Hightower will take over, the company said on Tuesday.

Lordstown Motors Announces Executive Appointments

LORDSTOWN, Ohio , July 12, 2022 /PRNewswire/ -- Lordstown Motors Corp. (Nasdaq: RIDE), ("Lordstown Motors" or "LMC"), an original equipment manufacturer (OEM) of electric vehicles focused on the commerc...