S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
3 Value Stocks Too Small For Buffett’s Portfolio
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
3 Value Stocks Too Small For Buffett’s Portfolio
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
3 Value Stocks Too Small For Buffett’s Portfolio
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
3 Value Stocks Too Small For Buffett’s Portfolio
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
NASDAQ:SOLO

Electrameccanica Vehicles (SOLO) Stock Price, News & Analysis

$0.21
0.00 (0.00%)
(As of 03/26/2024 ET)
Today's Range
$0.21
$0.21
50-Day Range
$0.21
$0.28
52-Week Range
$0.20
$1.04
Volume
N/A
Average Volume
528,472 shs
Market Capitalization
$25.36 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$0.40

Electrameccanica Vehicles MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
88.5% Upside
$0.40 Price Target
Short Interest
Healthy
2.91% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.30mentions of Electrameccanica Vehicles in the last 14 days
Based on 3 Articles This Week
Insider Trading
Selling Shares
$16,000 Sold Last Quarter
Proj. Earnings Growth
Decreasing
From ($0.33) to ($0.55) 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.

2.05 out of 5 stars

Auto/Tires/Trucks Sector

59th out of 82 stocks

Motor Vehicles & Car Bodies Industry

19th out of 27 stocks

SOLO stock logo

About Electrameccanica Vehicles Stock (NASDAQ:SOLO)

Electrameccanica Vehicles Corp. develops, manufactures, and sells electric vehicles in the United States and Canada. Its flagship product is the SOLO, a single seat vehicle. The company is also developing four-wheeled eRoadster and Tofino. In addition, it provides services, repairs, and support services, as well as sale of parts and custom built vehicles. The company sells its vehicles through direct-to-consumer online marketing, as well as through retail store operations in the States of California, Arizona, and Oregon. Electrameccanica Vehicles Corp. was incorporated in 2015 and is headquartered in Burnaby, Canada.

SOLO Stock Price History

SOLO Stock News Headlines

SOLO Apr 2024 1.000 call
Trump’s “Tax Free” Retirement Strategy
Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.
SOLO Apr 2024 1.000 put
SOLO Jun 2024 1.000 put
Electrameccanica Vehicles Corp (SOLO)
Trump’s “Tax Free” Retirement Strategy
Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.
SOLO Electrameccanica Vehicles Corp.
3 EV Stocks to Sell in January Before They Crash and Burn
ElectraMeccanica puts Mesa plant on the sublease market
The small and affordable EVs we lost in 2023
ElectraMeccanica and Tevva Resolve Merger Litigation
See More Headlines
Receive SOLO Stock News and Ratings via Email

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

Company Calendar

Last Earnings
3/08/2024
Today
3/28/2024
Next Earnings (Estimated)
5/20/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Motor vehicles & car bodies
Sub-Industry
N/A
Current Symbol
NASDAQ:SOLO
Fax
N/A
Employees
34
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$0.40
High Stock Price Target
$0.40
Low Stock Price Target
$0.40
Potential Upside/Downside
+88.5%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
1 Analysts

Profitability

Net Income
$-57,580,000.00
Net Margins
-2,290.59%
Pretax Margin
-9,470.56%

Debt

Sales & Book Value

Annual Sales
$610,000.00
Book Value
$0.61 per share

Miscellaneous

Free Float
109,099,000
Market Cap
$25.36 million
Optionable
Not Optionable
Beta
2.60
Beginner's Guide to Pot Stock Investing Cover

Click the link below and we'll send you MarketBeat's guide to pot stock investing and which pot companies show the most promise.

Get This Free Report

Key Executives

  • Ms. Susan E. Docherty (Age 61)
    CEO, Interim COO & Director
    Comp: $1.72M
  • Mr. Stephen Johnston (Age 53)
    Chief Financial Officer
    Comp: $377.96k
  • Mr. Michael Bridge (Age 59)
    General Counsel & Corporate Secretary
    Comp: $661.28k
  • Ms. Kim Anne Brink (Age 57)
    Chief Revenue Officer
  • Mr. Ajay Kumar
    Vice President of IT & Chief Information Officer
  • Mr. Conark Shah
    Vice President of Strategy & Chief of Staff

SOLO Stock Analysis - Frequently Asked Questions

Should I buy or sell Electrameccanica Vehicles stock right now?

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

What is Electrameccanica Vehicles' stock price target for 2024?

1 equities research analysts have issued 12 month price targets for Electrameccanica Vehicles' shares. Their SOLO share price targets range from $0.40 to $0.40. On average, they anticipate the company's stock price to reach $0.40 in the next year. This suggests a possible upside of 88.5% from the stock's current price.
View analysts price targets for SOLO
or view top-rated stocks among Wall Street analysts.

How have SOLO shares performed in 2024?

Electrameccanica Vehicles' stock was trading at $0.3354 at the beginning of the year. Since then, SOLO shares have decreased by 36.7% and is now trading at $0.2122.
View the best growth stocks for 2024 here
.

When is Electrameccanica Vehicles' next earnings date?

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

How were Electrameccanica Vehicles' earnings last quarter?

Electrameccanica Vehicles Corp. (NASDAQ:SOLO) announced its quarterly earnings data on Friday, March, 8th. The company reported ($0.08) EPS for the quarter, topping the consensus estimate of ($0.09) by $0.01. Electrameccanica Vehicles had a negative net margin of 2,290.59% and a negative trailing twelve-month return on equity of 46.23%.

What other stocks do shareholders of Electrameccanica Vehicles own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Electrameccanica Vehicles investors own include NIO (NIO), Tesla (TSLA), Advanced Micro Devices (AMD), Sorrento Therapeutics (SRNE), Blink Charging (BLNK), Micron Technology (MU), Workhorse Group (WKHS), Pfizer (PFE), NVIDIA (NVDA) and Carnival Co. & (CCL).

Who are Electrameccanica Vehicles' major shareholders?

Electrameccanica Vehicles' stock is owned by a variety of retail and institutional investors. Top institutional investors include Royal Bank of Canada (0.84%), Citadel Advisors LLC (0.00%), Simplex Trading LLC (0.00%) and Concourse Financial Group Securities Inc. (0.00%).
View institutional ownership trends
.

How do I buy shares of Electrameccanica Vehicles?

Shares of SOLO 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:SOLO) was last updated on 3/28/2024 by MarketBeat.com Staff

From Our Partners