What is the current Price Target for the Electrameccanica Vehicles Corp. stock?

The average Electrameccanica Vehicles Corp. target price is $0.40. This is 88.50% higher than the current stock price. 1 Analyst has issued a Electrameccanica Vehicles Corp. price target 2025.

How high will the Electrameccanica Vehicles Corp. stock rise?

No reliable answer can be given as to how high the Electrameccanica Vehicles Corp. stock will rise. The performance of stocks, including the Electrameccanica Vehicles Corp. stock, depends on a variety of factors, such as the general economic situation, the company's business results, investor expectations and global events.

What's going on with the Electrameccanica Vehicles Corp. stock today?

The performance of Electrameccanica Vehicles Corp. stock on any given day can be influenced by various factors, such as market conditions, industry trends, company news and global events.

Why did the Electrameccanica Vehicles Corp. stock fall?

The decline in Electrameccanica Vehicles Corp. stock may be due to a variety of factors, such as market conditions, industry trends, company news, macroeconomic events or changes in investor expectations. It is important to note that stock markets are inherently volatile and the performance of an individual stock on any given day is not necessarily indicative of its long-term performance.

What is a price target?

A price target is an estimate by an analyst or investment bank of where a company's stock price could be in a certain period of time, usually 12 months.

Electrameccanica Vehicles Corp. Forecast, price target & analysts

$0.21

0.00%

Nasdaq, Fri, Sep 13 2024

ISIN

CA2848492054

Symbol

SOLO

Reports

Quarter | Annual

Index

NASDAQ Composite

Sector

Automotive industry

Industry

Car manufacturer

Overview Dividends Analysts Charts News Strategies

Electrameccanica Vehicles Corp. Target price 2024 - Analyst rating & recommendation

Electrameccanica Vehicles Corp. Classifications & Recommendation:

Hold

100%

Electrameccanica Vehicles Corp. Price Target

Target Price	$0.40
Price	$0.21
Potential	88.50% register free of charge
Number of Estimates	1

	1 Analyst has issued a Electrameccanica Vehicles Corp. price target 2025. The average Electrameccanica Vehicles Corp. target price is $0.40. This is 88.50% register free of charge higher than the current stock price.
	A rating was issued by 1 analysts: 0 Analysts recommend Electrameccanica Vehicles Corp. to buy, 1 to hold and 0 to sell.
	Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis.
	Analyst Estimates: Analysts believe that the Electrameccanica Vehicles Corp. stock has an average upside potential 2025 of 88.50% register free of charge . Most analysts recommend the Electrameccanica Vehicles Corp. stock at Hold.

Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 & 2026

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Annually

	Dec '23	2024 Estimates
Earnings Per Share $	-0.48	-0.25
	53.85%	47.92%
P/E		negative

1 Analysts have issued a Electrameccanica Vehicles Corp. forecast for earnings per share. The average Electrameccanica Vehicles Corp. <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS is

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. This is

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than earnings per share in the financial year 2023. The highest <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS forecast is

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, the lowest is

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This results in the following potential growth metrics and future valuations:

2023	$-0.48	53.85%
2024	$-0.25 47.92% Unlock

Current
2024	-0.84 90.91% Unlock

Electrameccanica Vehicles Corp....

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