What is Vicinity Motor's stock price target for 2024?

0 equities research analysts have issued 12-month price objectives for Vicinity Motor's shares. Their VEV share price targets range from $3.00 to $3.00. On average, they predict the company's stock price to reach $3.00 in the next year. This suggests a possible upside of 363.6% from the stock's current price. View analysts price targets for VEV or view top-rated stocks among Wall Street analysts .

How have VEV shares performed in 2024?

Vicinity Motor's stock was trading at $0.8190 at the start of the year. Since then, VEV shares have decreased by 21.0% and is now trading at $0.6471. View the best growth stocks for 2024 here .

When is Vicinity Motor's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, May 20th 2024. View our VEV earnings forecast .

How do I buy shares of Vicinity Motor?

Shares of VEV stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:VEV

Vicinity Motor (VEV) Stock Price, News & Analysis

→ The “Perfect Storm” for Gold (From Gold Safe Exchange) (Ad)

Free VEV Stock Alerts

$0.65

+0.01 (+1.57%)

(As of 04/18/2024 ET)

Compare

Today's Range: $0.62
▼
$0.67
50-Day Range: $0.62
▼
$0.93
52-Week Range: $0.60
▼
$1.38

Volume: 26,499 shs
Average Volume: 36,017 shs
Market Capitalization: $29.55 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $3.00

Get Vicinity Motor alerts:

Vicinity Motor MarketRank™ Stock Analysis

Analyst Rating: 0.00 Rating Score
Upside/Downside: 363.6% Upside
$3.00 Price Target
Short Interest: Healthy
0.02% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.35
Based on 3 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.39 out of 5 stars

Auto/Tires/Trucks Sector

76th out of 78 stocks

Motor Vehicles & Car Bodies Industry

26th out of 26 stocks

2.0

Analyst's Opinion

Amount of Analyst Coverage
Vicinity Motor has received no research coverage in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
0.02% of the float of Vicinity Motor has been sold short.
Short Interest Ratio / Days to Cover
Vicinity Motor has a short interest ratio ("days to cover") of 0.3, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Vicinity Motor has recently increased by 17.11%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Vicinity Motor does not currently pay a dividend.
Dividend Growth
Vicinity Motor does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for VEV.

2.4

News and Social Media Coverage

News Sentiment
Vicinity Motor has a news sentiment score of 0.35. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Auto/Tires/Trucks companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for Vicinity Motor this week, compared to 1 article on an average week.
MarketBeat Follows
2 people have added Vicinity Motor to their MarketBeat watchlist in the last 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Vicinity Motor insiders have not sold or bought any company stock.
Percentage Held by Institutions
Only 0.27% of the stock of Vicinity Motor is held by institutions.

0.0

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Vicinity Motor is -1.75, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Vicinity Motor is -1.75, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Vicinity Motor has a P/B Ratio of 1.41. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Ad Gold Safe Exchange

The “Perfect Storm” for Gold

Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.

Click here now to download the free Precious Metals Buying Guide!

About Vicinity Motor Stock (NASDAQ:VEV)

Vicinity Motor Corp. designs, builds, and distributes a suite of transit buses for public and commercial use under the Vicinity brand in the United States and Canada. It offers electric, CNG, and clean diesel buses, as well as electric trucks and spare parts. The company was formerly known as Grande West Transportation Group Inc. and changed its name to Vicinity Motor Corp. in March 2021. The company was founded in 2008 and is headquartered in Aldergrove, Canada.

VEV Stock Price History

30 days | 90 days | 365 days | Advanced Chart

VEV Stock News Headlines

April 19, 2024 | morningstar.com

Vicinity Motor Corp VEV

April 18, 2024 | finance.yahoo.com

Vicinity Motors promotes Brent Phillips to President as company drives strategic initiatives

April 19, 2024 | Gold Safe Exchange (Ad)

The “Perfect Storm” for Gold

Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.

April 13, 2024 | americanbankingnews.com

Vicinity Motor (NASDAQ:VEV) & Cenntro (NASDAQ:CENN) Head to Head Survey

April 9, 2024 | msn.com

Electric vehicle drivers may not be able to ride solo in Calif. carpool lanes anymore

April 4, 2024 | seekingalpha.com

Vicinity Motor Corp. (VEV) Q4 2023 Earnings Call Transcript

April 3, 2024 | investorplace.com

Why Is Vicinity Motor (VEV) Stock Down 27% Today?

April 2, 2024 | investorplace.com

VEV Stock Earnings: Vicinity Motor Misses EPS, Misses Revenue for Q4 2023

April 19, 2024 | Gold Safe Exchange (Ad)

The “Perfect Storm” for Gold

Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.

April 2, 2024 | benzinga.com

Recap: Vicinity Motor Q4 Earnings

April 1, 2024 | benzinga.com

A Peek at Vicinity Motor's Future Earnings

March 29, 2024 | benzinga.com

Vicinity Motor's Earnings Outlook

March 19, 2024 | finance.yahoo.com

Vicinity Motor Corp. to Report Fourth Quarter and Full Year 2023 Financial Results on Thursday, March 28 at 4:30 p.m. Eastern Time

February 21, 2024 | msn.com

Volkswagen reveals ID.7 Tourer, adding one of the first estate cars into the EV mix

February 20, 2024 | bizjournals.com

Silicon Valley Leadership Group opposes latest driverless vehicle legislation

February 12, 2024 | finanznachrichten.de

Vicinity Motor Corp. Secures Follow-On Order for 12 Vicinity Classic Buses from La Québécoise

February 12, 2024 | finance.yahoo.com

Vicinity Motor Corp. Secures Follow-On Order for 12 Vicinity(TM) Classic Buses from La Québécoise

January 23, 2024 | finance.yahoo.com

Vicinity Motor Corp. Secures VMC 1200 Distribution Agreement with VMC Laval in Laval, Canada

January 18, 2024 | finance.yahoo.com

Vicinity Motor Corp. Issues Shareholder Letter and Provides Corporate Update

January 17, 2024 | msn.com

Vicinity Motor signs VMC 1200 distribution deal for Peninsula VMC Truck Centre

January 17, 2024 | finance.yahoo.com

Vicinity Motor Corp. Signs VMC 1200 Distribution Agreement for Peninsula VMC Truck Centre in South Toronto, Canada

January 8, 2024 | finance.yahoo.com

Vicinity Motor Corp. Announces VMC 1200 Distribution Agreement with Shift EV Trucks in West Toronto, Canada

January 2, 2024 | finance.yahoo.com

Vicinity Motor Corp. Announces VMC 1200 Distribution Agreement with Jack Carter VMC Trucks in Southern Alberta, Canada

December 27, 2023 | ca.finance.yahoo.com

VICINITY MOTOR CORP. (6LGA.BE)

December 18, 2023 | finance.yahoo.com

Vicinity Motor Corp. Secures Order for 8 Vicinity(TM) Classic Clean Diesel Buses from La Québécoise

December 4, 2023 | finance.yahoo.com

Vicinity Motor Corp. Announces Inclusion of VMC 1200 in Quebec Transportation Ministry's Incentive Program for Electric Vehicles

November 15, 2023 | finance.yahoo.com

Vicinity Motor Corp. Grants Stock Options

See More Headlines

Receive VEV Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Vicinity Motor and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Today: 4/18/2024
Next Earnings (Estimated): 5/20/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Auto/Tires/Trucks
Industry: Motor vehicles & car bodies
Sub-Industry: N/A
Current Symbol: NASDAQ:VEV
CUSIP: N/A
CIK: 1834975
Web: grandewest.com
Phone: (604) 607-4000
Fax: N/A
Employees: 60
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $3.00
High Stock Price Target: $3.00
Low Stock Price Target: $3.00
Potential Upside/Downside: +363.6%
Consensus Rating
Rating Score (0-4): 0.00
Research Coverage: 0 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.37)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-16,630,000.00
Net Margins: -87.32%
Pretax Margin: -87.31%
Return on Equity: -54.76%
Return on Assets: -24.50%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 0.93
Quick Ratio: 0.40

Sales & Book Value

Annual Sales: $19.05 million
Price / Sales: 1.55
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $0.46 per share
Price / Book: 1.41

Miscellaneous

Outstanding Shares: 45,670,000
Free Float: N/A
Market Cap: $29.55 million
Optionable: Optionable
Beta: 0.57

Investing Strategies To Help Grow Your Retirement Income

Need to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.

Get This Free Report

Key Executives

Mr. William R. Trainer (Age 65)
Founder, CEO, President & Director
Comp: $353.72k
Mr. Danial Buckle (Age 48)
Chief Financial Officer
Comp: $255.53k
Mr. John LaGourgue (Age 55)
VP of Corporate Development & Director
Comp: $228.52k
Mr. Dan Courtney
Director of Investor Relations
Mr. Brent Phillips
Vice President of Sales
Mr. Yue Zhong Wang (Age 62)
Chief Engineer
Comp: $229.37k
Mr. Keith T. Parker (Age 57)
Consultant
Comp: $9.77k
Ms. Marion McGrath (Age 63)
Corporate Secretary

Key Competitors

View All Competitors

VEV Stock Analysis - Frequently Asked Questions

What is Vicinity Motor's stock price target for 2024?: 0 equities research analysts have issued 12-month price objectives for Vicinity Motor's shares. Their VEV share price targets range from $3.00 to $3.00. On average, they predict the company's stock price to reach $3.00 in the next year. This suggests a possible upside of 363.6% from the stock's current price.
View analysts price targets for VEV or view top-rated stocks among Wall Street analysts.
How have VEV shares performed in 2024?: Vicinity Motor's stock was trading at $0.8190 at the start of the year. Since then, VEV shares have decreased by 21.0% and is now trading at $0.6471.
View the best growth stocks for 2024 here.
When is Vicinity Motor's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, May 20th 2024.
View our VEV earnings forecast.
How do I buy shares of Vicinity Motor?: Shares of VEV stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:VEV) was last updated on 4/19/2024 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial

Vicinity Motor (VEV) Stock Price, News & Analysis

Vicinity Motor MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Vicinity Motor Stock (NASDAQ:VEV)

VEV Stock Price History

VEV Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

VEV Stock Analysis - Frequently Asked Questions

Overall MarketRank^™