What is Lightning eMotors' stock price target for 2024?

0 brokers have issued twelve-month target prices for Lightning eMotors' stock. Their ZEV share price targets range from $5.00 to $5.00. On average, they expect the company's share price to reach $5.00 in the next year. This suggests a possible upside of 11,110.8% from the stock's current price. View analysts price targets for ZEV or view top-rated stocks among Wall Street analysts .

How have ZEV shares performed in 2024?

Lightning eMotors' stock was trading at $0.2604 at the beginning of 2024. Since then, ZEV stock has decreased by 82.9% and is now trading at $0.0446. View the best growth stocks for 2024 here .

How were Lightning eMotors' earnings last quarter?

Lightning eMotors, Inc. (NYSE:ZEV) posted its earnings results on Sunday, August, 15th. The company reported ($4.40) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($2.80) by $1.60. The firm earned $5.92 million during the quarter, compared to analyst estimates of $5.75 million. Lightning eMotors had a negative net margin of 221.51% and a negative trailing twelve-month return on equity of 221.78%.

When did Lightning eMotors' stock split?

Shares of Lightning eMotors reverse split on the morning of Friday, April 28th 2023. The 1-20 reverse split was announced on Friday, April 28th 2023. The number of shares owned by shareholders was adjusted after the market closes on Friday, April 28th 2023. An investor that had 100 shares of stock prior to the reverse split would have 5 shares after the split.

How do I buy shares of Lightning eMotors?

Shares of ZEV 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:ZEV

Lightning eMotors (ZEV) Stock Price, News & Analysis

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$0.04

0.00 (0.00%)

(As of 04/19/2024 ET)

Compare

Today's Range: $0.03
▼
$0.04
50-Day Range: $0.03
▼
$0.12
52-Week Range: $1.57
▼
$38.40

Volume: 40,925 shs
Average Volume: 107,027 shs
Market Capitalization: $288,205.20

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $5.00

Get Lightning eMotors alerts:

Lightning eMotors MarketRank™ Stock Analysis

Analyst Rating: 0.00 Rating Score
Upside/Downside: 11,110.8% Upside
$5.00 Price Target
Short Interest: N/A
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($17.08) to ($6.40) 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.

0.23 out of 5 stars

2.0

Analyst's Opinion

Amount of Analyst Coverage
Lightning eMotors has received no research coverage in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for ZEV.

0.0

Dividend Strength

Dividend Yield
Lightning eMotors does not currently pay a dividend.
Dividend Growth
Lightning eMotors 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 ZEV.

0.6

News and Social Media Coverage

News Coverage This Week
MarketBeat has tracked 1 news article for Lightning eMotors this week, compared to 1 article on an average week.
MarketBeat Follows
1 people have added Lightning eMotors to their MarketBeat watchlist in the last 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Lightning eMotors insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 3.70% of the stock of Lightning eMotors is held by insiders.
Percentage Held by Institutions
Only 25.19% of the stock of Lightning eMotors is held by institutions.

1.3

Earnings and Valuation

Earnings Growth
Earnings for Lightning eMotors are expected to grow in the coming year, from ($17.08) to ($6.40) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Lightning eMotors is 0.00, 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 Lightning eMotors is 0.00, 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
Lightning eMotors has a P/B Ratio of 0.00. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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About Lightning eMotors Stock (NYSE:ZEV)

Lightning eMotors, Inc. designs, manufactures, and sells zero-emission commercial fleet vehicles and powertrains to commercial fleets, large enterprises, original equipment manufacturers, and governments in the United States. It offers zero-emission class 3 to 7 commercial electric and fuel cell vehicles. The company's vehicles comprise cargo and passenger vehicles, school buses, ambulances, shuttle buses, work trucks, transit buses, and motorcoaches. It also offers charging systems and charging infrastructure solutions. The company was founded in 2008 and is based in Loveland, Colorado.

ZEV Stock Price History

30 days | 90 days | 365 days | Advanced Chart

ZEV Stock News Headlines

April 16, 2024 | finance.yahoo.com

Lightning eMotors, Inc. (ZEVY)

March 23, 2024 | seekingalpha.com

ZEVYW Lightning eMotors, Inc. WT EXP 051825

April 20, 2024 | Altimetry (Ad)

Secret Bull Market Starts in This Unusual Sector

December 20, 2023 | morningstar.com

Lightning eMotors Inc ZEVY

December 16, 2023 | bizjournals.com

Colorado electric vehicle manufacturer collapses, assets to be sold to repay lenders

November 20, 2023 | markets.businessinsider.com

Lightning eMotors earnings preview: what Wall Street is expecting

November 20, 2023 | msn.com

Lightning eMotors GAAP EPS of -$7.84 misses by $4.66, revenue of $12.37M beats by $1.44M

October 17, 2023 | tmcnet.com

Lightning eMotors' Telematics Solution, Lightning Insights, Optimizes Fleet Planning and Deployment with Massive Database Managed by Tessell

April 20, 2024 | Altimetry (Ad)

Secret Bull Market Starts in This Unusual Sector

October 12, 2023 | investing.com

Lightning Emotors Inc (ZEVY)

October 5, 2023 | finance.yahoo.com

Lightning eMotors Announces Production of 55 Units in the Third Quarter of 2023

October 5, 2023 | finance.yahoo.com

Lightning eMotors Announces Eligibility for IRS Commercial Clean Vehicle Credit of up to $40,000 per Vehicle

September 18, 2023 | finance.yahoo.com

NYSE to Commence Delisting Proceedings Against Lightning eMotors, Inc. (ZEV)

September 12, 2023 | stockhouse.com

St. Louis Lambert International Airport (STL) to Deploy Lightning eMotors ZEV4(TM) Electric Shuttle Buses

September 12, 2023 | finance.yahoo.com

St. Louis Lambert International Airport (STL) to Deploy Lightning eMotors ZEV4™ Electric Shuttle Buses

September 7, 2023 | finance.yahoo.com

Lightning eMotors Obtains ISO 9001:2015 Certification

September 6, 2023 | finance.yahoo.com

Lightning eMotors to Present at the H.C. Wainwright 25th Annual Global Investment Conference on September 12

September 1, 2023 | finance.yahoo.com

Lightning eMotors Announces Receipt of Notice of Non-Compliance With NYSE Continued Listing Requirements

August 24, 2023 | seekingalpha.com

Lightning eMotors deploys custom transportation vans for national park visitors in Utah

August 24, 2023 | finance.yahoo.com

East Zion Initiative Welcomes Lightning eMotors ZEV3™ Passenger Vans to Provide Zero-Emission Transportation for Park Visitors

August 22, 2023 | za.investing.com

Lightning eMotors celebrates 5M miles traveled

August 22, 2023 | finance.yahoo.com

Lightning eMotors Vehicles Surpass 5 Million All-Electric Miles

August 17, 2023 | bizjournals.com

Colorado electric vehicle company explores selling business, partnerships to raise funds

August 16, 2023 | msn.com

Benchmark Maintains Lightning eMotors (ZEV) Buy Recommendation

August 15, 2023 | finance.yahoo.com

Another electric transportation startup may hang a ‘For Sale’ sign

August 15, 2023 | markets.businessinsider.com

Lightning eMotors (ZEV) Receives a Buy from Northland Securities

August 15, 2023 | finance.yahoo.com

Lightning eMotors, Inc. (NYSE:ZEV) Might Not Be As Mispriced As It Looks

See More Headlines

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Company Calendar

Last Earnings: 8/15/2021
Today: 4/20/2024
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:ZEV
CUSIP: N/A
CIK: 1802749
Web: www.gigcapital3.com
Phone: 800-223-0740
Fax: N/A
Employees: 268
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $5.00
High Stock Price Target: $5.00
Low Stock Price Target: $5.00
Potential Upside/Downside: +11,110.8%
Consensus Rating
Rating Score (0-4): 0.00
Research Coverage: 0 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($11.19)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $15.17 million
Net Margins: -221.51%
Pretax Margin: -221.51%
Return on Equity: -221.78%
Return on Assets: -69.89%

Debt

Debt-to-Equity Ratio: 0.13
Current Ratio: 1.16
Quick Ratio: 0.38

Sales & Book Value

Annual Sales: $24.69 million
Price / Sales: 0.01
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $12.15 per share
Price / Book: 0.00

Miscellaneous

Outstanding Shares: 6,462,000
Free Float: 6,223,000
Market Cap: $288,205.20
Optionable: Not Optionable
Beta: 2.69

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Key Executives

Mr. Robert Fenwick-Smith (Age 60)
Exec. Chairman
Comp: $86.25k
Mr. Timothy Richard Reeser (Age 52)
Co-Founder, Pres, CEO & Director
Comp: $516.98k
Mr. David Agatston (Age 58)
Sr. VP & CFO
Comp: $83.76k
Mr. Kash Sethi (Age 38)
Chief Revenue Officer
Comp: $326.99k
Mr. Brian Smith
VP of Investor Relations
Mr. Steve Mason
Chief Legal Officer & Corp. Sec.
Ms. Marci Fouts CCP (Age 57)
SPHR, Chief People Officer
Mr. Brian Barron
Chief Manufacturing Officer

Key Competitors

View All Competitors

ZEV Stock Analysis - Frequently Asked Questions

What is Lightning eMotors' stock price target for 2024?: 0 brokers have issued twelve-month target prices for Lightning eMotors' stock. Their ZEV share price targets range from $5.00 to $5.00. On average, they expect the company's share price to reach $5.00 in the next year. This suggests a possible upside of 11,110.8% from the stock's current price.
View analysts price targets for ZEV or view top-rated stocks among Wall Street analysts.
How have ZEV shares performed in 2024?: Lightning eMotors' stock was trading at $0.2604 at the beginning of 2024. Since then, ZEV stock has decreased by 82.9% and is now trading at $0.0446.
View the best growth stocks for 2024 here.
How were Lightning eMotors' earnings last quarter?: Lightning eMotors, Inc. (NYSE:ZEV) posted its earnings results on Sunday, August, 15th. The company reported ($4.40) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($2.80) by $1.60. The firm earned $5.92 million during the quarter, compared to analyst estimates of $5.75 million. Lightning eMotors had a negative net margin of 221.51% and a negative trailing twelve-month return on equity of 221.78%.

When did Lightning eMotors' stock split?: Shares of Lightning eMotors reverse split on the morning of Friday, April 28th 2023. The 1-20 reverse split was announced on Friday, April 28th 2023. The number of shares owned by shareholders was adjusted after the market closes on Friday, April 28th 2023. An investor that had 100 shares of stock prior to the reverse split would have 5 shares after the split.
How do I buy shares of Lightning eMotors?: Shares of ZEV 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:ZEV) was last updated on 4/20/2024 by MarketBeat.com Staff

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Lightning eMotors (ZEV) Stock Price, News & Analysis

Lightning eMotors MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Coverage This Week

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Lightning eMotors Stock (NYSE:ZEV)

ZEV Stock Price History

ZEV Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

ZEV Stock Analysis - Frequently Asked Questions

Overall MarketRank^™