Analyst Price Target is $11.50
▲ +207.49% Upside Potential
This price target is based on 3 analysts offering 12 month price targets for CarLotz in the last 3 months. The average price target is $11.50, with a high forecast of $16.00 and a low forecast of $7.00. The average price target represents a 207.49% upside from the last price of $3.74.
Current Consensus is
The current consensus among 3 investment analysts is to hold stock in CarLotz. This rating has held steady since July 2021, when it changed from a Buy consensus rating.
CarLotz, Inc. operates as a consignment-to-retail used vehicle marketplace that provides its corporate vehicle sourcing partners and retail sellers of used vehicles. The company serves corporate vehicle sourcing partners, which include fleet leasing companies, rental car companies, banks, captive finance companies, third-party remarketers, wholesalers, companies that manage their own fleets, and original equipment manufacturers; retail sellers of used vehicles to individuals; and retail customers. It operates ten hubs throughout the Mid-Atlantic, Southeast, Southcentral, Midwest, and West Coast regions of the United States. The company was founded in 2011 and is headquartered in Richmond, Virginia.