Should I buy or sell Lion Electric stock right now?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lion Electric in the last year. There are currently 5 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" LEV shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in LEV, but not buy additional shares or sell existing shares. View LEV analyst ratings or view top-rated stocks .

What is Lion Electric's stock price target for 2024?

6 brokers have issued 12 month price targets for Lion Electric's shares. Their LEV share price targets range from $1.70 to $3.50. On average, they anticipate the company's share price to reach $2.36 in the next twelve months. This suggests a possible upside of 143.2% from the stock's current price. View analysts price targets for LEV or view top-rated stocks among Wall Street analysts .

How have LEV shares performed in 2024?

Lion Electric's stock was trading at $1.77 at the beginning of the year. Since then, LEV shares have decreased by 45.1% and is now trading at $0.9721. View the best growth stocks for 2024 here .

When is Lion Electric's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 14th 2024. View our LEV earnings forecast .

How were Lion Electric's earnings last quarter?

The Lion Electric Company (NYSE:LEV) posted its earnings results on Thursday, February, 29th. The company reported ($0.12) EPS for the quarter, missing analysts' consensus estimates of ($0.09) by $0.03. The company earned $60.43 million during the quarter, compared to analysts' expectations of $93.39 million. Lion Electric had a negative trailing twelve-month return on equity of 22.01% and a negative net margin of 40.93%.

What ETFs hold Lion Electric's stock?

ETFs with the largest weight of Lion Electric (NYSE:LEV) stock in their portfolio include Invesco WilderHill Clean Energy ETF (PBW) . Direxion Daily Electric and Autonomous Vehicles Bull 2X Shares (EVAV) .

Who are Lion Electric's major shareholders?

Lion Electric's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Richelieu Gestion SA (0.36%).

How do I buy shares of Lion Electric?

Shares of LEV 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 .

NYSE:LEV

Lion Electric (LEV) Stock Price, News & Analysis

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Free LEV Stock Alerts

$0.97

+0.01 (+1.04%)

(As of 04/19/2024 ET)

Compare

Today's Range: $0.96
▼
$1.04
50-Day Range: $0.96
▼
$1.82
52-Week Range: $0.92
▼
$2.68

Volume: 568,397 shs
Average Volume: 513,242 shs
Market Capitalization: $219.87 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $2.36

Get Lion Electric alerts:

Lion Electric MarketRank™ Stock Analysis

Analyst Rating: Hold
2.17 Rating Score
Upside/Downside: 143.2% Upside
$2.36 Price Target
Short Interest: Bearish
5.43% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: -0.47
Based on 7 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($0.25) to ($0.04) Per Share

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.

1.37 out of 5 stars

Auto/Tires/Trucks Sector

61st out of 77 stocks

Motor Vehicles & Car Bodies Industry

20th out of 26 stocks

3.1

Analyst's Opinion

Consensus Rating
Lion Electric has received a consensus rating of Hold. The company's average rating score is 2.17, and is based on 1 buy rating, 5 hold ratings, and no sell ratings.
Amount of Analyst Coverage
Lion Electric has only been the subject of 4 research reports in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
5.43% of the float of Lion Electric has been sold short.
Short Interest Ratio / Days to Cover
Lion Electric has a short interest ratio ("days to cover") of 12.6, which indicates bearish sentiment.
Change versus previous month
Short interest in Lion Electric has recently decreased by 7.77%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
Lion Electric does not currently pay a dividend.
Dividend Growth
Lion Electric 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 LEV.

0.9

News and Social Media Coverage

News Sentiment
Lion Electric has a news sentiment score of -0.47. 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 is a lower news sentiment than the 0.40 average news sentiment score of Auto/Tires/Trucks companies.
News Coverage This Week
MarketBeat has tracked 7 news articles for Lion Electric this week, compared to 2 articles on an average week.
Search Interest
Only 8 people have searched for LEV on MarketBeat in the last 30 days. This is a decrease of -38% compared to the previous 30 days.
MarketBeat Follows
Only 4 people have added Lion Electric to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Lion Electric insiders have not sold or bought any company stock.
Percentage Held by Insiders
16.60% of the stock of Lion Electric is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
52.73% of the stock of Lion Electric is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3

Earnings and Valuation

Earnings Growth
Earnings for Lion Electric are expected to grow in the coming year, from ($0.25) to ($0.04) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Lion Electric is -2.11, 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 Lion Electric is -2.11, 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
Lion Electric has a P/B Ratio of 0.61. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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About Lion Electric Stock (NYSE:LEV)

The Lion Electric Company designs, develops, manufactures, and distributes purpose-built all-electric medium and heavy-duty urban vehicles in North America. The company's products include battery systems, chassis, bus bodies, and truck cabins. It distributes truck and bus parts, as well as accessories. The company was incorporated in 2008 and is based in Saint-Jérôme, Canada.

LEV Stock Price History

30 days | 90 days | 365 days | Advanced Chart

LEV Stock News Headlines

April 18, 2024 | proactiveinvestors.com

Lion Electric announces cost-cutting measures including headcount reduction

April 18, 2024 | investorplace.com

Lion Electric Layoffs 2024: What to Know About the Latest LEV Job Cuts

April 19, 2024 | Altimetry (Ad)

Secret Bull Market Starts in This Unusual Sector

"We're only at the very beginning of a new wave that could deliver 500%-plus gains in the years to come." In fact, 50 small companies related to this sector have already soared 100% or more in a recent 90-day stretch.

April 18, 2024 | marketwatch.com

Lion Electric to Cut Another 120 Jobs, Mainly in Canada

April 18, 2024 | msn.com

Lion Electric initiates more job cuts and cost-cutting measures

April 18, 2024 | prnewswire.com

LION ELECTRIC ANNOUNCES WORKFORCE REDUCTION AND COST-CUTTING MEASURES

April 17, 2024 | msn.com

Why China's economy is in BIG trouble

April 13, 2024 | prnewswire.com

ROSEN, A LONGSTANDING LAW FIRM, Encourages Northern Genesis Acquisition Corp. n/k/a The Lion Electric Company Investors to Secure Counsel in Securities Class Action - NGA

April 19, 2024 | Altimetry (Ad)

Secret Bull Market Starts in This Unusual Sector

April 10, 2024 | americanbankingnews.com

The Lion Electric Company (NYSE:LEV) Given Average Rating of "Hold" by Brokerages

April 5, 2024 | prnewswire.com

ROSEN, A LEADING INVESTOR RIGHTS LAW FIRM, Encourages Northern Genesis Acquisition Corp. n/k/a The Lion Electric Company Investors to Secure Counsel in Securities Class Action - NGA

March 29, 2024 | marketwatch.com

Ex-FDIC Chair Sheila Bair says it’s wrong for regulators to ‘discourage’ regional bank mergers

March 29, 2024 | prnewswire.com

NGA INVESTOR NEWS: ROSEN, A GLOBAL AND LEADING LAW FIRM, Encourages Northern Genesis Acquisition Corp. n/k/a The Lion Electric Company Investors to Secure Counsel in Securities Class Action - NGA

March 18, 2024 | businesswire.com

California Energy Commission Awards a $3 Million Grant to BorgWarner, Fermata Energy and Lion Electric for Innovative Vehicle-to-Grid Project with Bus Operator American Transportation to Service Student Transportation for California School Districts

March 16, 2024 | finance.yahoo.com

LEV Oct 2024 2.500 put

March 16, 2024 | finance.yahoo.com

LEV Oct 2024 2.500 call

March 16, 2024 | finance.yahoo.com

LEV Jul 2024 2.500 put

March 14, 2024 | prnewswire.com

Lion Electric Honored with mHUB Chicago's Manufacturer of the Year Award

March 8, 2024 | prnewswire.com

LION ANNOUNCES UPCOMING PARTICIPATION AT INVESTOR CONFERENCE

March 5, 2024 | seekingalpha.com

Lion Electric: Turning Bearish On Revenue Miss (Rating Downgrade)

March 3, 2024 | finance.yahoo.com

The Lion Electric Company (TSE:LEV) Consensus Forecasts Have Become A Little Darker Since Its Latest Report

March 1, 2024 | realmoney.thestreet.com

Desjardins gets more bearish on Lion Electric, downgrades shares

March 1, 2024 | markets.businessinsider.com

Lion Electric: Optimistic Buy Rating Amidst Operational Hurdles and Strong Growth Potential

February 29, 2024 | markets.businessinsider.com

3 EV Startups Gearing Up to Revolutionize 2024

February 29, 2024 | msn.com

Truck/Bus Manufacturer Lion Electric Reports Disappointing Q4 Earnings, Stock Tumbles

February 29, 2024 | finanznachrichten.de

The Lion Electric Co.: Lion Electric Announces Fourth Quarter And Fiscal 2023 Results

February 29, 2024 | marketwatch.com

Lion Electric Shares Slide 8.8% Amid Temporary Layoffs, 4Q Widened Loss

See More Headlines

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Company Calendar

Last Earnings: 2/29/2024
Today: 4/19/2024
Next Earnings (Estimated): 5/14/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Auto/Tires/Trucks
Industry: Motor vehicles & car bodies
Sub-Industry: N/A
Current Symbol: NYSE:LEV
CUSIP: N/A
CIK: 1834974
Web: www.northerngenesis.com
Phone: 45-0432-5466
Fax: N/A
Employees: 1,350
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $2.36
High Stock Price Target: $3.50
Low Stock Price Target: $1.70
Potential Upside/Downside: +140.4%
Consensus Rating: Hold
Rating Score (0-4): 2.17
Research Coverage: 6 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.46)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-103,770,000.00
Net Margins: -40.93%
Pretax Margin: -40.93%
Return on Equity: -22.01%
Return on Assets: -11.14%

Debt

Debt-to-Equity Ratio: 0.62
Current Ratio: 2.45
Quick Ratio: 0.73

Sales & Book Value

Annual Sales: $253.50 million
Price / Sales: 0.88
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $1.59 per share
Price / Book: 0.62

Miscellaneous

Outstanding Shares: 226,180,000
Free Float: 188,638,000
Market Cap: $222.40 million
Optionable: Optionable
Beta: 2.00

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Key Executives

Mr. Richard Coulombe
Chief Financial Officer
Mr. Francois Beaulieu
Chief Information Officer
Ms. Isabelle Adjahi
Vice President of Investor Relations & Sustainable Development
Ms. Dominique Perron
Chief Legal Officer & Corporate Secretary
Mr. Dominik Beckman
Vice President of Marketing & Communications
Maxime Gauvin
Vice President of Corporate Development
Mr. Rocco Mezzatesta
Senior Vice President of Manufacturing Engineering & Quality
Nate A. Baguio
Senior Vice President of Commercial Development - USA (Sales)
David Sicotte
Senior Vice President of Product Development
Michel Galland
Chief Executive Officer of Autobus Galland

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

LEV Stock Analysis - Frequently Asked Questions

Should I buy or sell Lion Electric stock right now?: 6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lion Electric in the last year. There are currently 5 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" LEV shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in LEV, but not buy additional shares or sell existing shares.
View LEV analyst ratings or view top-rated stocks.
What is Lion Electric's stock price target for 2024?: 6 brokers have issued 12 month price targets for Lion Electric's shares. Their LEV share price targets range from $1.70 to $3.50. On average, they anticipate the company's share price to reach $2.36 in the next twelve months. This suggests a possible upside of 143.2% from the stock's current price.
View analysts price targets for LEV or view top-rated stocks among Wall Street analysts.
How have LEV shares performed in 2024?: Lion Electric's stock was trading at $1.77 at the beginning of the year. Since then, LEV shares have decreased by 45.1% and is now trading at $0.9721.
View the best growth stocks for 2024 here.
When is Lion Electric's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 14th 2024.
View our LEV earnings forecast.

How were Lion Electric's earnings last quarter?: The Lion Electric Company (NYSE:LEV) posted its earnings results on Thursday, February, 29th. The company reported ($0.12) EPS for the quarter, missing analysts' consensus estimates of ($0.09) by $0.03. The company earned $60.43 million during the quarter, compared to analysts' expectations of $93.39 million. Lion Electric had a negative trailing twelve-month return on equity of 22.01% and a negative net margin of 40.93%.
What ETFs hold Lion Electric's stock?: ETFs with the largest weight of Lion Electric (NYSE:LEV) stock in their portfolio include Invesco WilderHill Clean Energy ETF (PBW).Direxion Daily Electric and Autonomous Vehicles Bull 2X Shares (EVAV).
Who are Lion Electric's major shareholders?: Lion Electric's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Richelieu Gestion SA (0.36%).
How do I buy shares of Lion Electric?: Shares of LEV 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 (NYSE:LEV) was last updated on 4/19/2024 by MarketBeat.com Staff

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Lion Electric (LEV) Stock Price, News & Analysis

Lion Electric 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

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Lion Electric Stock (NYSE:LEV)

LEV Stock Price History

LEV Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Institutional Ownership

LEV Stock Analysis - Frequently Asked Questions

Overall MarketRank^™