Analyst Price Target is $5.67
▲ +455.56% Upside Potential
This price target is based on 2 analysts offering 12 month price targets for Romeo Power in the last 3 months. The average price target is $5.67, with a high forecast of $9.00 and a low forecast of $4.00. The average price target represents a 455.56% upside from the last price of $1.02.
Current Consensus is
The current consensus among 2 polled investment analysts is to hold stock in Romeo Power.
Romeo Power, Inc., an energy storage technology company, designs and manufactures lithium-ion battery modules and packs for vehicle electrification in North America. The company designs and manufactures battery modules, battery packs, and battery management system technologies; and provides non-recurring engineering services, such as design, prototype, and testing services. It serves commercial electric vehicle manufacturers, electric powertrain converters, electric watercraft manufacturers, fleet operators, and automobile, and recreational vehicle manufacturers. The company was founded in 2014 and is headquartered in Vernon, California.