Shift Technologies, Inc. (SFT)
| Market Cap | 104.33M |
| Revenue (ttm) | 819.33M |
| Net Income (ttm) | -201.10M |
| Shares Out | 84.82M |
| EPS (ttm) | -2.28 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 1,222,318 |
| Open | 1.22 |
| Previous Close | 1.24 |
| Day's Range | 1.16 - 1.28 |
| 52-Week Range | 0.60 - 8.39 |
| Beta | 1.59 |
| Analysts | Buy |
| Price Target | 5.25 (+326.8%) |
| Earnings Date | Aug 9, 2022 |
About SFT
Shift Technologies, Inc., together with its subsidiaries, provides an ecommerce platform for buying and selling used cars. The company operates in two segments, Retail and Wholesale. It engages in the retail sale of used vehicles through its platform that enables mobile digital transaction, such as at-home car searching, scheduling an on-demand test drive, and purchasing at home or at the preferred site of a test drive, as well as provides financing and services. The company also provides value-added products, such as vehicle service contracts,... [Read more...]
Financial Performance
In 2021, SFT's revenue was $636.87 million, an increase of 225.40% compared to the previous year's $195.72 million. Losses were -$166.27 million, 181.1% more than in 2020.
Financial StatementsAnalyst Forecast
According to 16 analysts, the average rating for SFT stock is "Buy." The 12-month stock price forecast is 5.25, which is an increase of 326.83% from the latest price.
News
SHAREHOLDER ALERT: Weiss Law Investigates CarLotz, Inc.
NEW YORK , Aug. 10, 2022 /PRNewswire/ -- Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of CarLotz, Inc. ("CarLotz" or the "Company"...
Shift Tech (SFT) Reports Q2 Loss, Lags Revenue Estimates
Shift Tech (SFT) delivered earnings and revenue surprises of -5.36% and 4.40%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
SFT Stock Alert: Halper Sadeh LLP Is Investigating Whether the Merger of Shift Technologies, Inc. Is Fair to Sharehol...
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLP, an investor rights law firm, is investigating whether the merger of Shift Technologies, Inc. (NASDAQ: SFT) and CarLotz, Inc. is fair to Shift shareholders. U...
Shift and CarLotz Agree To Merge, Creating a Differentiated Used Auto Ecommerce Retailer
SAN FRANCISCO and RICHMOND, Va., Aug. 09, 2022 (GLOBE NEWSWIRE) -- Shift Technologies, Inc. (Nasdaq: SFT), a leading end-to-end ecommerce platform for buying and selling used cars, and CarLotz, Inc. (Na...
Shift Announces Merger with CarLotz; a New Business Plan that Enables the Company to Achieve Profitability in 2024; A...
SAN FRANCISCO, Aug. 09, 2022 (GLOBE NEWSWIRE) -- Shift Technologies, Inc. (Nasdaq: SFT), a leading end-to-end ecommerce platform for buying and selling used cars, announced today several business updates.
Shift Announces Upcoming CEO Transition
Current President Jeff Clementz Appointed CEO and Member of the Board of Directors Effective September 1 Current President Jeff Clementz Appointed CEO and Member of the Board of Directors Effective Sept...
Shift to Report Second Quarter 2022 Financial Results on August 9, 2022
SAN FRANCISCO, July 19, 2022 (GLOBE NEWSWIRE) -- Shift (Nasdaq: SFT), a leading end-to-end auto ecommerce platform transforming the used car industry with a technology-driven, hassle-free customer exper...
Shift Tech (SFT) Upgraded to Buy: Here's Why
Shift Tech (SFT) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Shift Announces Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)
SAN FRANCISCO, July 01, 2022 (GLOBE NEWSWIRE) -- Shift Technologies, Inc. (Nasdaq: SFT), a leading end-to-end ecommerce platform for buying and selling used cars, today announced that on June 30, 2022 t...
Shift to Participate at Upcoming Investor Conferences
SAN FRANCISCO, May 26, 2022 (GLOBE NEWSWIRE) -- Shift Technologies, Inc. (Nasdaq: SFT), a leading end-to-end ecommerce platform for buying and selling used cars, today announced that senior management w...
Shift Closes Acquisition of Fair's Dealer Listing Marketplace Technology
SAN FRANCISCO, May 12, 2022 (GLOBE NEWSWIRE) -- Shift Technologies, Inc. (Nasdaq: SFT), a leading end-to-end auto ecommerce platform transforming the used car industry with a technology-driven, hassle-f...
Shift Tech (SFT) Reports Q1 Loss, Tops Revenue Estimates
Shift Tech (SFT) delivered earnings and revenue surprises of 2.78% and 4.47%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
Shift to Report First Quarter 2022 Financial Results on May 10, 2022
SAN FRANCISCO, April 08, 2022 (GLOBE NEWSWIRE) -- Shift (Nasdaq: SFT), a leading end-to-end auto ecommerce platform transforming the used car industry with a technology-driven, hassle-free customer expe...
Shift Tech (SFT) Reports Q4 Loss, Tops Revenue Estimates
Shift Tech (SFT) delivered earnings and revenue surprises of -12.70% and 6.44%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?
Shift to Acquire Fair's Dealer Listing Marketplace Technology, Team to Expand E-commerce Auto Platform; SoftBank Grou...
SAN FRANCISCO, March 15, 2022 (GLOBE NEWSWIRE) -- Shift (Nasdaq: SFT), a leading end-to-end auto ecommerce platform transforming the used car industry with a technology-driven, hassle-free customer expe...
Shift Grows Revenue 167% in Q4'2021; Strong Guidance for 2022 Reflects Continued Rapid Growth with Significant Operat...
SAN FRANCISCO, March 15, 2022 (GLOBE NEWSWIRE) -- Shift Technologies, Inc. (Nasdaq: SFT), a leading end-to-end ecommerce platform for buying and selling used cars, today reported fourth quarter financia...
Short-Squeeze Stocks: Top 10 Stocks With High Short Interest Today
Short-squeeze stocks continue to be a hot topic with retail traders and we're going over the top ones to keep an eye on for Tuesday! The post Short-Squeeze Stocks: Top 10 Stocks With High Short Interest...
After Plunging 36.5% in 4 Weeks, Here's Why the Trend Might Reverse for Shift Tech (SFT)
Shift Tech (SFT) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising e...
Shift to Host Its First-Ever Pop Up, Car to Cash, in Los Angeles
SAN FRANCISCO, Jan. 21, 2022 /PRNewswire/ -- Shift (Nasdaq: SFT), a leading end-to-end auto ecommerce platform transforming the used car industry with a technology-driven, hassle-free customer experienc...
Shift Technologies Enters $100M Floorplan Facility With Ally Financial
Shift Technologies Inc (NASDAQ: SFT) announced a $100 million committed floorplan facility with Ally Financial Inc (NYSE: ALLY), a digital financial services company. The new floorplan financing has a ...
Shift Technologies Announces New $100 million Floorplan Facility
SAN FRANCISCO, Dec. 13, 2021 (GLOBE NEWSWIRE) -- Shift (Nasdaq: SFT), a leading end-to-end auto ecommerce platform transforming the used car industry with a technology-driven, hassle-free customer exper...
Is the Options Market Predicting a Spike in Shift Technologies (SFT) Stock?
Investors need to pay close attention to Shift Technologies (SFT) stock based on the movements in the options market lately.
Shift to Present at Upcoming Investor Conference
SAN FRANCISCO, Nov. 29, 2021 (GLOBE NEWSWIRE) -- Shift Technologies, Inc. (Nasdaq: SFT), a leading end-to-end ecommerce platform for buying and selling used cars, today announced that senior management ...
Shift Grows Revenue 200% in Q3'2021, Raises Guidance for 2021
SAN FRANCISCO, Nov. 11, 2021 (GLOBE NEWSWIRE) -- Shift Technologies, Inc. (Nasdaq: SFT), a leading end-to-end ecommerce platform for buying and selling used cars, today reported third quarter financial ...
Why Earnings Season Could Be Great for Shift (SFT)
Shift (SFT) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.