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The Lion Electric Co has a consensus price target of $4.92 based on the ratings of 11 analysts. The high is $13 issued by Roth Capital on June 10, 2022. The low is $0.6 issued by BMO Capital on November 8, 2024. The 3 most-recent analyst ratings were released by BMO Capital, DA Davidson, and DA Davidson on November 8, 2024, August 12, 2024, and May 13, 2024, respectively. With an average price target of $1.03 between BMO Capital, DA Davidson, and DA Davidson, there's an implied 205.99% upside for The Lion Electric Co from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Lion Electric (NYSE:LEV) was reported by BMO Capital on November 8, 2024. The analyst firm set a price target for $0.60 expecting LEV to rise to within 12 months (a possible 77.67% upside). 8 analyst firms have reported ratings in the last year.
The latest analyst rating for Lion Electric (NYSE:LEV) was provided by BMO Capital, and Lion Electric maintained their market perform rating.
There is no last upgrade for Lion Electric
The last downgrade for The Lion Electric Co happened on August 12, 2024 when DA Davidson changed their price target from $1.5 to $1 for The Lion Electric Co.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Lion Electric, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Lion Electric was filed on November 8, 2024 so you should expect the next rating to be made available sometime around November 8, 2025.
While ratings are subjective and will change, the latest Lion Electric (LEV) rating was a maintained with a price target of $0.80 to $0.60. The current price Lion Electric (LEV) is trading at is $0.34, which is out of the analyst’s predicted range.
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