Analyst Price Target is $18.50
▲ +85.56% Upside Potential
This price target is based on 4 analysts offering 12 month price targets for Arcimoto in the last 3 months. The average price target is $18.50, with a high forecast of $19.00 and a low forecast of $18.00. The average price target represents a 85.56% upside from the last price of $9.97.
Current Consensus is
The current consensus among 4 contributing investment analysts is to buy stock in Arcimoto. This rating has held steady since December 2019, when it changed from a Hold consensus rating.
Arcimoto, Inc. develops and manufactures electric vehicles to help the world shift to a transportation system. The firm's vehicle products include Fun Utility Vehicle, Rapid Responder, Deliverator, Cameo and Arcimoto Roadster. The product Fun Utility Vehicle is for everyday consumer trips. The Rapid Responder is for emergency services and security. The Deliverator is for last-mile delivery and general fleet utility. The Cameo is for film, sports and influencers; and the Arcimoto Roadster is an unparalleled pure-electric on-road thrill machine. The company was founded by Mark D. Frohnmayer on November 21, 2007 and is headquartered in Eugene, OR.