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Recommendation Rating
3.5
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1 = STRONG BUY | 2 = BUY | 3 = HOLD | 4 = UNDERPERFORM | 5 = SELL
Analysts’ Price Targets
Mean 7.73
Low: 0.45
High: 15
Total Analysts: 3
Company Profile
Lordstown Motors Corp. is an electric vehicle (EV) company, which is focused on developing light-duty work vehicles. It is a North American light duty original equipment manufacturer (OEMs) focused on EVs for commercial fleet customers. The Company’s flagship vehicle is the Endurance, an electric full-size pickup truck. The Endurance’s bed box is designed to be fully compatible with existing third-party parts, upfitting options and accessories. The Endurance has four electric in-wheel hub motors. Its use of in-wheel hub motors together with Endurance’s software, is intended to provide traction, maneuverability and handling, making it an ideal vehicle for fleet operators.
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