NYSE:RMO - Romeo Power Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $5.67
  • Forecasted Upside: 455.56 %
  • Number of Analysts: 2
  • Breakdown:
  • 0 Sell Ratings
  • 2 Hold Ratings
  • 0 Buy Ratings
  • 0 Strong Buy Ratings
$1.02
▲ +0.04 (4.08%)

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 $5.67
▲ +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.

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 2 polled investment analysts is to hold stock in Romeo Power.

Past Monthly Recommendations

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  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
11/23/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
2/21/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 3 hold ratings
  • 0 sell ratings
5/22/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 3 hold ratings
  • 0 sell ratings
8/20/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 3 hold ratings
  • 0 sell ratings
11/18/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 3 hold ratings
  • 0 sell ratings
2/16/2022
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 0 sell ratings
4/17/2022
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 0 sell ratings
5/17/2022

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
3/4/2022Morgan StanleyReiterated RatingNot RatedLow
3/2/2022BTIG ResearchDowngradeBuy ➝ NeutralMedium
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 5/17/2017 forward)

News Sentiment Rating

0.38 (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
10/19/2021
  • 5 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
11/18/2021
  • 1 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 1 very negative mentions
12/18/2021
  • 2 very positive mentions
  • 1 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
1/17/2022
  • 2 very positive mentions
  • 2 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
2/16/2022
  • 7 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
3/18/2022
  • 2 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
4/17/2022
  • 4 very positive mentions
  • 9 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
5/17/2022

Current Sentiment

  • 4 very positive mentions
  • 9 positive mentions
  • 0 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

  • No negative mentions tracked during this time.
Romeo Power logo
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.
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Today's Range

Now: $1.02
Low: $0.97
High: $1.03

50 Day Range

MA: $1.32
Low: $0.86
High: $1.73

52 Week Range

Now: $1.02
Low: $0.85
High: $10.74

Volume

70,053 shs

Average Volume

4,483,013 shs

Market Capitalization

$137.16 million

P/E Ratio

N/A

Dividend Yield

N/A

Beta

1.1

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, and Zacks Investment Research.
View the latest analyst ratings for RMO.

What is the current price target for Romeo Power?

3 Wall Street analysts have set twelve-month price targets for Romeo Power in the last year. Their average twelve-month price target is $5.67, suggesting a possible upside of 477.6%. 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 2 hold 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.

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. Learn More about contacing Romeo Power investor relations.