NYSE:RMO - Romeo Power Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $5.93
  • Forecasted Upside: 42.77 %
  • Number of Analysts: 4
  • Breakdown:
  • 1 Sell Ratings
  • 2 Hold Ratings
  • 1 Buy Ratings
  • 0 Strong Buy Ratings
$4.15
▲ +0.13 (3.23%)

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

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Analyst Price Target for RMO

Analyst Price Target is $5.93
▲ +42.77% 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 $5.93, with a high forecast of $9.00 and a low forecast of $4.00. The average price target represents a 42.77% upside from the last price of $4.15.

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

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Current Consensus is Hold

The current consensus among 4 polled investment analysts is to hold stock in Romeo Power. This rating has held steady since February 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
6/16/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
9/14/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
12/13/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 1 sell ratings
3/13/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 1 sell ratings
6/11/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 1 sell ratings
9/9/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 1 sell ratings
11/8/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 1 sell ratings
12/8/2021

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
11/16/2021BTIG ResearchLower Price TargetBuy$12.00 ➝ $9.00High
10/27/2021CowenDowngradeOutperform ➝ Market Perform$4.00High
8/20/2021Morgan StanleyLower Price TargetUnderweight$7.00 ➝ $4.00Low
8/17/2021BTIG ResearchLower Price TargetBuy$15.00 ➝ $12.00High
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 12/8/2016 forward)

News Sentiment Rating

0.32 (Hold)

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
  • 0 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
5/12/2021
  • 0 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
6/11/2021
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
7/11/2021
  • 4 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
8/10/2021
  • 1 very positive mentions
  • 6 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
9/9/2021
  • 2 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
10/9/2021
  • 1 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
11/8/2021
  • 5 very positive mentions
  • 6 positive mentions
  • 3 negative mentions
  • 1 very negative mentions
12/8/2021

Current Sentiment

  • 5 very positive mentions
  • 6 positive mentions
  • 3 negative mentions
  • 1 very negative mentions
Romeo Power logo
RMG Acquisition Corp. is a blank check company. It intends to identify, acquire and operate a business in resources and industrial materials sectors, including the chemicals, energy services and alternatives, environmental services, metals and power sectors. The company was founded on October 22, 2018 and is headquartered in New York, NY.
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Today's Range

Now: $4.15
Low: $3.99
High: $4.21

50 Day Range

MA: $4.49
Low: $3.57
High: $5.23

52 Week Range

Now: $4.15
Low: $3.29
High: $38.90

Volume

2,841,239 shs

Average Volume

6,361,571 shs

Market Capitalization

$556.67 million

P/E Ratio

59.29

Dividend Yield

N/A

Beta

0.75

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 $5.93, suggesting a possible upside of 47.4%. BTIG Research has the highest price target set, predicting RMO will reach $9.00 in the next twelve months. Morgan Stanley has the lowest price target set, forecasting a price of $4.00 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, 2 hold ratings and 1 buy rating 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.

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 (212) 220-9503 and its investor relations email address is [email protected] The official website for Romeo Power is www.romeopower.com.