NYSE:RMO - Romeo Power Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $11.68
  • Forecasted Upside: 34.35 %
  • Number of Analysts: 4
  • Breakdown:
  • 1 Sell Ratings
  • 1 Hold Ratings
  • 2 Buy Ratings
  • 0 Strong Buy Ratings
$8.69
▲ +0.16 (1.88%)

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

Skip Closing Price Chart
1 month | 3 months | 12 months
Get New Romeo Power Analyst Ratings Delivered To Your Inbox
Sign-up to receive the latest news and ratings for RMO and its competitors with Analyst Ratings Network’s free daily newsletter.

Analyst Price Target for RMO

Analyst Price Target is $11.68
▲ +34.35% Upside Potential
This price target is based on 4 analysts offering 12 month price targets for Romeo Power in the last 3 months. The average price target is $11.68, with a high forecast of $18.00 and a low forecast of $6.70. The average price target represents a 34.35% upside from the last price of $8.69.

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

Read Analyst Price Chart DescriptionSkip Analyst Price Chart

Current Consensus is Hold

The current consensus among 4 investment analysts is to hold stock in Romeo Power. This rating has held steady since January 2021, when it changed from a Buy consensus rating.

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
  • 0 sell ratings
12/31/2019
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
3/30/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
6/28/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
9/26/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
12/25/2020
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 1 sell ratings
3/25/2021
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 1 sell ratings
5/24/2021
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 1 sell ratings
6/23/2021

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
5/14/2021BTIG ResearchLower Price TargetBuy$30.00 ➝ $15.00High
3/31/2021Williams Financial GroupDowngradeBuy ➝ Hold$6.70High
3/31/2021Morgan StanleyLower Price TargetUnderweight$12.00 ➝ $7.00High
3/31/2021BTIG ResearchLower Price TargetBuy$40.00 ➝ $30.00High
3/15/2021CowenInitiated CoverageOutperform$18.00N/A
3/8/2021CowenInitiated CoverageOutperform$18.00High
2/11/2021Morgan StanleyInitiated CoverageUnderweight$12.00Low
12/10/2020BTIG ResearchInitiated CoverageBuy$40.00High
(Data available from 6/23/2016 forward)
Romeo Power logo
Romeo Power, Inc., an energy storage technology company, designs and manufactures lithium-ion battery modules and packs for commercial electric vehicles in North America. The company operates through two segments, Romeo Power North America and Joint Venture Support. The Romeo Power North America segment designs and manufactures battery modules, battery packs, and battery management system technologies in North America. The Joint Venture Support segment provides design, research and development, and other engineering related services. It serves commercial and high-performance electric vehicle manufacturers, fleet operators, and automobile and recreational vehicle manufacturers. The company was founded in 2014 and is headquartered in Vernon, California.
Read More

Today's Range

Now: $8.69
Low: $8.55
High: $8.82

50 Day Range

MA: $8.34
Low: $6.61
High: $10.32

52 Week Range

Now: $8.69
Low: $6.33
High: $38.90

Volume

2,670,180 shs

Average Volume

7,912,101 shs

Market Capitalization

$1.14 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

0.97

Frequently Asked Questions

What sell-side analysts currently cover shares of Romeo Power?

The following Wall Street analysts have issued reports on Romeo Power in the last year: BTIG Research, Cowen Inc, Morgan Stanley, Williams Financial Group, and Zacks Investment Research.
View the latest analyst ratings for RMO.

What is the current price target for Romeo Power?

4 Wall Street analysts have set twelve-month price targets for Romeo Power in the last year. Their average twelve-month price target is $11.68, suggesting a possible upside of 34.3%. Cowen Inc has the highest price target set, predicting RMO will reach $18.00 in the next twelve months. Williams Financial Group has the lowest price target set, forecasting a price of $6.70 for Romeo Power in the next year.
View the latest price targets for RMO.

What is the current consensus analyst rating for Romeo Power?

Romeo Power currently has 1 sell rating, 1 hold rating and 2 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in RMO, but not buy more shares or sell existing shares.
View the latest ratings for RMO.

What other companies compete with Romeo Power?

How do I contact Romeo Power's investor relations team?

Romeo Power's physical mailing address is 4380 Ayers Ave., Vernon, CA 90058. The company's listed phone number is 1.844.257.8557 and its investor relations email address is [email protected] The official website for Romeo Power is www.romeopower.com.