NASDAQ:RIDE - Lordstown Motors Stock Price Target and Predictions

  • Consensus Rating: Sell
  • Consensus Price Target: $3.79
  • Forecasted Upside: 37.16 %
  • Number of Analysts: 6
  • Breakdown:
  • 5 Sell Ratings
  • 1 Hold Ratings
  • 0 Buy Ratings
  • 0 Strong Buy Ratings
$2.76
▼ -0.04 (-1.43%)

This chart shows the closing price for RIDE by one month, three months, or twelve months.

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Analyst Price Target for RIDE

Analyst Price Target is $3.79
▲ +37.16% Upside Potential
This price target is based on 6 analysts offering 12 month price targets for Lordstown Motors in the last 3 months. The average price target is $3.79, with a high forecast of $10.00 and a low forecast of $1.50. The average price target represents a 37.16% upside from the last price of $2.76.

This chart shows the closing price for RIDE for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Sell

The current consensus among 6 contributing investment analysts is to sell stock in Lordstown Motors.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 5 sell ratings
2/21/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 6 sell ratings
5/22/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 7 sell ratings
8/20/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 7 sell ratings
11/18/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 6 sell ratings
2/16/2022
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 6 sell ratings
5/17/2022
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 5 sell ratings
7/16/2022
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 5 sell ratings
8/15/2022

Latest Recommendations

  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 5 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
5/10/2022R. F. LaffertyDowngradeHold ➝ SellHigh
5/10/2022Deutsche Bank AktiengesellschaftLower Price Target$3.00 ➝ $2.00High
3/1/2022The Goldman Sachs GroupLower Price TargetSell$2.50 ➝ $2.00High
3/1/2022Royal Bank of CanadaLower Price TargetUnderperform$2.50 ➝ $1.50High
3/1/2022R. F. LaffertyLower Price TargetHold ➝ Hold$7.00 ➝ $4.00High
3/1/2022Deutsche Bank AktiengesellschaftLower Price Target$7.00 ➝ $3.00High
11/12/2021R. F. LaffertyUpgradeSell ➝ Hold$3.00 ➝ $7.00High
11/12/2021Royal Bank of CanadaLower Price TargetUnderperform$5.00 ➝ $4.00High
11/12/2021BTIG ResearchDowngradeBuy ➝ NeutralHigh
10/4/2021Morgan StanleyDowngradeEqual Weight ➝ Underweight$8.00 ➝ $2.00High
10/4/2021Royal Bank of CanadaBoost Price TargetSell ➝ Underperform$5.00High
10/1/2021Morgan StanleyReiterated RatingEqual Weight ➝ Equal Weight$8.00High
9/30/2021Morgan StanleyInitiated CoverageEqual Weight$8.00High
9/27/2021BTIG ResearchLower Price TargetPositive ➝ Buy$20.00 ➝ $10.00High
9/26/2021The Goldman Sachs GroupDowngradeNeutral ➝ Sell$5.00Low
9/16/2021Bank of AmericaDowngradeNeutral ➝ Underperform$11.00 ➝ $5.00Low
7/16/2021Bank of AmericaLower Price TargetNeutral ➝ Neutral$13.00 ➝ $11.00Low
6/14/2021R. F. LaffertyDowngradeHold ➝ Sell$9.00 ➝ $3.00Medium
6/8/2021Royal Bank of CanadaInitiated CoverageUnderperform$5.00High
5/28/2021Deutsche Bank AktiengesellschaftInitiated CoverageHold$8.00High
5/26/2021Wolfe ResearchReiterated RatingPeer Perform ➝ UnderperformHigh
5/25/2021The Goldman Sachs GroupLower Price TargetNeutral$10.00 ➝ $8.00High
5/25/2021R. F. LaffertyDowngradeBuy ➝ Hold$35.00 ➝ $9.00High
5/25/2021Morgan StanleyLower Price TargetUnderweight$12.00 ➝ $8.00High
5/20/2021Wolfe ResearchDowngradePeer Perform ➝ UnderperformHigh
4/28/2021The Goldman Sachs GroupReiterated RatingBuy ➝ Neutral$21.00 ➝ $10.00Low
4/22/2021The Goldman Sachs GroupDowngradeBuy ➝ Neutral$21.00 ➝ $10.00Medium
4/20/2021Bank of AmericaInitiated CoverageNeutral$13.00Low
3/18/2021Morgan StanleyLower Price TargetReduce ➝ Underweight$18.00 ➝ $12.00Low
3/18/2021BTIG ResearchLower Price TargetBuy$50.00 ➝ $40.00High
2/11/2021Morgan StanleyInitiated CoverageUnderweight$18.00Low
1/29/2021Wolfe ResearchUpgradeUnderperform ➝ Peer Perform$14.00 ➝ $27.00Low
12/22/2020R. F. LaffertyInitiated CoverageBuy$35.00Medium
12/11/2020The Goldman Sachs GroupInitiated CoverageBuy$31.00Low
12/9/2020Wolfe ResearchInitiated CoverageUnderperform$14.00High
11/20/2020Vertical ResearchInitiated CoverageSell$15.00Medium
(Data available from 8/16/2017 forward)

News Sentiment Rating

0.53 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 2 very positive mentions
  • 3 positive mentions
  • 2 negative mentions
  • 1 very negative mentions
1/17/2022
  • 3 very positive mentions
  • 11 positive mentions
  • 0 negative mentions
  • 2 very negative mentions
2/16/2022
  • 8 very positive mentions
  • 19 positive mentions
  • 8 negative mentions
  • 3 very negative mentions
3/18/2022
  • 1 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
4/17/2022
  • 8 very positive mentions
  • 27 positive mentions
  • 6 negative mentions
  • 2 very negative mentions
5/17/2022
  • 4 very positive mentions
  • 5 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
6/16/2022
  • 3 very positive mentions
  • 9 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
7/16/2022
  • 10 very positive mentions
  • 15 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
8/15/2022

Current Sentiment

  • 10 very positive mentions
  • 15 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
Lordstown Motors logo
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.
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Today's Range

Now: $2.76
Low: $2.71
High: $2.89

50 Day Range

MA: $2.02
Low: $1.54
High: $2.98

52 Week Range

Now: $2.76
Low: $1.49
High: $8.93

Volume

3,282,553 shs

Average Volume

5,756,007 shs

Market Capitalization

$568.20 million

P/E Ratio

N/A

Dividend Yield

N/A

Beta

1.24

Frequently Asked Questions

What sell-side analysts currently cover shares of Lordstown Motors?

The following Wall Street research analysts have issued research reports on Lordstown Motors in the last twelve months: Bank of America Co., BTIG Research, Deutsche Bank Aktiengesellschaft, Morgan Stanley, R. F. Lafferty, Royal Bank of Canada, and The Goldman Sachs Group, Inc..
View the latest analyst ratings for RIDE.

What is the current price target for Lordstown Motors?

7 Wall Street analysts have set twelve-month price targets for Lordstown Motors in the last year. Their average twelve-month price target is $3.79, suggesting a possible upside of 37.2%. BTIG Research has the highest price target set, predicting RIDE will reach $10.00 in the next twelve months. Royal Bank of Canada has the lowest price target set, forecasting a price of $1.50 for Lordstown Motors in the next year.
View the latest price targets for RIDE.

What is the current consensus analyst rating for Lordstown Motors?

Lordstown Motors currently has 5 sell ratings and 1 hold rating from Wall Street analysts. The stock has a consensus analyst rating of "Sell." A "sell" rating indicates that analysts believe RIDE will underperform the market and that investors should sell shares of Lordstown Motors.
View the latest ratings for RIDE.

What other companies compete with Lordstown Motors?

How do I contact Lordstown Motors' investor relations team?

Lordstown Motors' physical mailing address is 2300 HALLOCK YOUNG ROAD, LORDSTOWN OH, 44481. The company's listed phone number is 234-285-4001 and its investor relations email address is [email protected] The official website for Lordstown Motors is lordstownmotors.com. Learn More about contacing Lordstown Motors investor relations.