NASDAQ:VMAR Vision Marine Technologies (VMAR) Stock Price, News & Analysis → AI to Meet the Same Fate as EVs? (From Porter & Company) (Ad) Free VMAR Stock Alerts $0.60 0.00 (-0.78%) (As of 03:54 PM ET) Add Compare Share Share Today's Range$0.59▼$0.6250-Day Range$0.59▼$0.9452-Week Range$0.57▼$5.60Volume64,525 shsAverage Volume102,712 shsMarket Capitalization$6.94 millionP/E RatioN/ADividend YieldN/APrice Target$4.50 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOwnershipSEC FilingsShort InterestSocial Media Get Vision Marine Technologies alerts: Email Address Vision Marine Technologies MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside662.6% Upside$4.50 Price TargetShort InterestHealthy16.27% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.87Based on 3 Articles This WeekInsider TradingN/AProj. Earnings GrowthGrowingFrom ($0.68) to $0.07 Per ShareSee Full Details Hide Full Details 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.3.62 out of 5 stars 3.5 Analyst's Opinion Consensus RatingVision Marine Technologies has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $4.50, Vision Marine Technologies has a forecasted upside of 662.6% from its current price of $0.59.Amount of Analyst CoverageVision Marine Technologies has received no research coverage in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted16.27% of the float of Vision Marine Technologies has been sold short.Short Interest Ratio / Days to CoverVision Marine Technologies has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Vision Marine Technologies has recently decreased by 23.26%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldVision Marine Technologies does not currently pay a dividend.Dividend GrowthVision Marine Technologies does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for VMAR. Previous Next 3.3 News and Social Media Coverage News SentimentVision Marine Technologies has a news sentiment score of 0.87. 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 higher news sentiment than the 0.61 average news sentiment score of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Vision Marine Technologies this week, compared to 1 article on an average week.Search Interest2 people have searched for VMAR on MarketBeat in the last 30 days. MarketBeat FollowsOnly 1 people have added Vision Marine Technologies to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Vision Marine Technologies insiders have not sold or bought any company stock.Percentage Held by Insiders40.40% of the stock of Vision Marine Technologies is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions53.79% of the stock of Vision Marine Technologies is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Vision Marine Technologies are expected to grow in the coming year, from ($0.68) to $0.07 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Vision Marine Technologies is -0.56, 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. SectorThe P/E ratio of Vision Marine Technologies is -0.56, 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 RatioVision Marine Technologies has a P/B Ratio of 0.66. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Porter & CompanyAI to Meet the Same Fate as EVs? When these tech bubbles burst, they invariably leave investors disillusioned by their losses. Now, many worry a similar fate is awaiting AI. And one man, legendary financial analyst Porter Stansberry, who called Nvidia at $11… Simply click here to read Porter’s warning on The Big AI Die-Up now. About Vision Marine Technologies Stock (NASDAQ:VMAR)Vision Marine Technologies Inc. designs, develops, manufactures, sells, and rents electric boats in Canada, the United States, and internationally. It offers e-motion electric powertrain technology; e-motion electric outboard powertrain system; electric boats; maintenance, repair, and customer support services; as well as manufactures customized boats. The company also provides its products through website and distributors. It serves original equipment manufacturers, retail customer, boat clubs, and boat rental operations. The company was formerly known as Riopel Marine Inc. and changed its name to Vision Marine Technologies Inc. in April 2020. Vision Marine Technologies Inc. was founded in 1995 and is headquartered in Boisbriand, Canada.Read More VMAR Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart VMAR Stock News HeadlinesMarch 22, 2024 | theglobeandmail.comVision Marine Technologies (NASDAQ: VMAR) Unveils New E-Boat Model, Names New CFOMarch 21, 2024 | finance.yahoo.comVision Marine Technologies Insider Ups Holding During YearMarch 28, 2024 | Porter & Company (Ad)AI to Meet the Same Fate as EVs? When these tech bubbles burst, they invariably leave investors disillusioned by their losses. Now, many worry a similar fate is awaiting AI. And one man, legendary financial analyst Porter Stansberry, who called Nvidia at $11… March 13, 2024 | msn.comAI making waves in marine data collectionMarch 4, 2024 | theglobeandmail.comVision Marine Technologies (NASDAQ: VMAR) Appoints Raffi Sossoyan as New CFOFebruary 29, 2024 | investing.comVision Marine Technologies Inc (VMAR)February 23, 2024 | msn.comVision Marine announces distributorship deal along with initial PO of 50 unitsFebruary 18, 2024 | stockhouse.comVision Marine Technologies Inc. (NASDAQ: VMAR) 'Disruptive Force' in Electrification of Recreational BoatingMarch 28, 2024 | Porter & Company (Ad)AI to Meet the Same Fate as EVs? When these tech bubbles burst, they invariably leave investors disillusioned by their losses. Now, many worry a similar fate is awaiting AI. And one man, legendary financial analyst Porter Stansberry, who called Nvidia at $11… February 16, 2024 | finance.yahoo.comIBN Announces the Latest Episode of The GotStocks Podcast featuring Vision Marine Technologies Inc. (NASDAQ: VMAR)February 16, 2024 | finance.yahoo.comVision Marine Technologies Inc. (NASDAQ: VMAR) at Threshold of Major Market Boom in Boating SpaceFebruary 16, 2024 | globenewswire.comVision Marine Technologies Inc. (NASDAQ: VMAR) at Threshold of Major Market Boom in Boating SpaceFebruary 15, 2024 | finance.yahoo.comVision Marine Unveils its Phantom Rotomolded Boat and Secures Exclusive Florida Distribution DealFebruary 15, 2024 | finance.yahoo.comVision Marine Technologies Inc. (NASDAQ: VMAR) ‘Disruptive Force’ in Electrification of Recreational BoatingFebruary 15, 2024 | globenewswire.comVision Marine Technologies Inc. (NASDAQ: VMAR) ‘Disruptive Force' in Electrification of Recreational BoatingFebruary 13, 2024 | finance.yahoo.comVision Marine Technologies, Inc. Appoints Anthony Cassella, Chief Accounting Officer of MarineMax, to the Board of DirectorsFebruary 7, 2024 | theglobeandmail.comVision Marine Technologies (NASDAQ: VMAR) Disrupting Boating Industry with Electric PowerJanuary 18, 2024 | finance.yahoo.comVision Marine Technologies Inc. Announces Close of $3.0 Million Private Placement of Convertible Preferred Shares and Warrants with Investissement QuébecJanuary 16, 2024 | finance.yahoo.comVision Marine Technologies Inc. (VMAR) Reports Q1 Loss, Misses Revenue EstimatesDecember 14, 2023 | msn.comVision Marine Technologies announces $3M private placementDecember 14, 2023 | finance.yahoo.comVision Marine Technologies Inc. Announces $3.0 Million Private Placement of Convertible Preferred Shares and WarrantsDecember 12, 2023 | morningstar.comVision Marine Technologies IncDecember 12, 2023 | finance.yahoo.comIBN Announces Latest Episode of The Bell2Bell Podcast featuring Bruce Nurse, Head of Investor Relations for Vision Marine Technologies Inc.December 4, 2023 | finance.yahoo.comVision Marine Technologies Initiates First E-Motion(TM) Equipped Rental Operation Expansion in Florida in Partnership with Blue Water Boat RentalNovember 20, 2023 | finance.yahoo.comVision Marine Technologies: Pioneering Electric Propulsion with Innovative Pontoon IntegrationNovember 16, 2023 | finanznachrichten.deVision Marine Technologies Inc.: Vision Marine Technologies and 4ocean Launch a New "Buy One Pull One" Campaign to Eliminate Ocean PlasticNovember 16, 2023 | finance.yahoo.comVision Marine Technologies and 4ocean Launch a New "Buy One Pull One" Campaign to Eliminate Ocean PlasticSee More Headlines Receive VMAR Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Vision Marine Technologies and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings1/15/2024Today3/28/2024Next Earnings (Estimated)4/11/2024Fiscal Year End8/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorConsumer Discretionary Industry Ship & boat building & repairing Sub-IndustryN/A Current SymbolNASDAQ:VMAR CUSIPN/A CIK1813783 Webwww.visionmarinetechnologies.com Phone45-0951-7009FaxN/AEmployees14Year FoundedN/APrice Target and Rating Average Stock Price Target$4.50 High Stock Price Target$4.50 Low Stock Price Target$4.50 Potential Upside/Downside+650.0%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)($1.05) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-15,500,000.00 Net Margins-251.24% Pretax Margin-256.56% Return on Equity-102.75% Return on Assets-56.86% Debt Debt-to-Equity Ratio0.13 Current Ratio1.25 Quick Ratio0.72 Sales & Book Value Annual Sales$4.20 million Price / Sales1.66 Cash FlowN/A Price / Cash FlowN/A Book Value$0.90 per share Price / Book0.67Miscellaneous Outstanding Shares11,650,000Free Float6,946,000Market Cap$6.99 million OptionableNot Optionable Beta0.04 The Next 7 Blockbuster Stocks for Growth InvestorsWondering what the next stocks will be that hit it big, with solid fundamentals? Click the link below to learn more about how your portfolio could bloom.Get This Free Report Key ExecutivesMr. Alexandre Mongeon (Age 45)Co-Founder, CEO & Director Comp: $448.96kMr. Kulwant Sandher B.Sc. (Age 62)C.A., C.P.A., CA, CPA, Chief Financial Officer Comp: $282.17kMr. Xavier Montagne (Age 49)CTO & COO Comp: $208.14kMr. Patrick Bobby (Age 50)President of Special Operations, Secretary & Director Comp: $296.61kKey CompetitorsForza X1NASDAQ:FRZATwin Vee PowercatsNASDAQ:VEEEVisionary Education Technology Holdings GroupNASDAQ:VEDUVisionaryNASDAQ:GVMotorsport GamesNASDAQ:MSGMView All CompetitorsInstitutional OwnershipCitadel Advisors LLCBought 31,533 shares on 2/15/2024Ownership: 0.271%View All Institutional Transactions VMAR Stock Analysis - Frequently Asked Questions Should I buy or sell Vision Marine Technologies stock right now? 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Vision Marine Technologies in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" VMAR shares. View VMAR analyst ratings or view top-rated stocks. What is Vision Marine Technologies' stock price target for 2024? 2 brokerages have issued twelve-month target prices for Vision Marine Technologies' shares. Their VMAR share price targets range from $4.50 to $4.50. On average, they expect the company's stock price to reach $4.50 in the next year. This suggests a possible upside of 662.6% from the stock's current price. View analysts price targets for VMAR or view top-rated stocks among Wall Street analysts. How have VMAR shares performed in 2024? Vision Marine Technologies' stock was trading at $1.09 at the beginning of 2024. Since then, VMAR stock has decreased by 45.9% and is now trading at $0.5901. View the best growth stocks for 2024 here. Are investors shorting Vision Marine Technologies? Vision Marine Technologies saw a decline in short interest in March. As of March 15th, there was short interest totaling 292,900 shares, a decline of 23.3% from the February 29th total of 381,700 shares. Based on an average daily trading volume, of 106,500 shares, the days-to-cover ratio is currently 2.8 days. Approximately 16.3% of the shares of the stock are sold short. View Vision Marine Technologies' Short Interest. When is Vision Marine Technologies' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, April 11th 2024. View our VMAR earnings forecast. How were Vision Marine Technologies' earnings last quarter? Vision Marine Technologies Inc. (NASDAQ:VMAR) announced its quarterly earnings data on Monday, January, 15th. The company reported ($0.19) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.23) by $0.04. The business had revenue of $0.72 million for the quarter, compared to analyst estimates of $2.25 million. Vision Marine Technologies had a negative trailing twelve-month return on equity of 102.75% and a negative net margin of 251.24%. When did Vision Marine Technologies IPO? Vision Marine Technologies (VMAR) raised $20 million in an initial public offering (IPO) on Tuesday, November 24th 2020. The company issued 2,200,000 shares at $8.00-$10.00 per share. ThinkEquity (a division of Fordham Financial Management) acted as the underwriter for the IPO. Who are Vision Marine Technologies' major shareholders? Vision Marine Technologies' stock is owned by a number of institutional and retail investors. Top institutional investors include Citadel Advisors LLC (0.27%). How do I buy shares of Vision Marine Technologies? Shares of VMAR 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:VMAR) was last updated on 3/28/2024 by MarketBeat.com Staff From Our PartnersTrump’s “Tax Free” Retirement Strategy Gold Safe ExchangeGrab Your Free Bitcoin Today!Crypto Swap ProfitsTop Project Outperforms BTC in 2023…Crypto 101 MediaMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceForget Bitcoin. Crypto Millionaire Predicts 8,788% Gains For THISParadigm Press“The Stock Market’s Bull Run is Far from Over” -BarronsVertical Research AdvisoryMost important medical advance in 100 yearsThe Oxford ClubFed launches fourth dollar overhaulStansberry Research Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Vision Marine Technologies Inc. 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