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The Lion Electric Co has a consensus price target of $5.92 based on the ratings of 12 analysts. The high is $16.5 issued by Scotiabank on October 12, 2021. The low is $1 issued by DA Davidson on August 12, 2024. The 3 most-recent analyst ratings were released by DA Davidson, DA Davidson, and BMO Capital on August 12, 2024, May 13, 2024, and May 9, 2024, respectively. With an average price target of $1.17 between DA Davidson, DA Davidson, and BMO Capital, there's an implied 61.68% 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 DA Davidson on August 12, 2024. The analyst firm set a price target for $1.00 expecting LEV to rise to within 12 months (a possible 38.58% upside). 8 analyst firms have reported ratings in the last year.
The latest analyst rating for Lion Electric (NYSE:LEV) was provided by DA Davidson, and Lion Electric downgraded their neutral 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 August 12, 2024 so you should expect the next rating to be made available sometime around August 12, 2025.
While ratings are subjective and will change, the latest Lion Electric (LEV) rating was a downgraded with a price target of $1.50 to $1.00. The current price Lion Electric (LEV) is trading at is $0.72, which is out of the analyst’s predicted range.
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