Lotus Technology (LOT) Stock Price, News & Analysis

Company Overview

Lotus Technology Inc. engages in the design, development, and sale of battery electric lifestyle vehicles worldwide. It also distributes sports cars. The company sells its products under the Lotus brand. Lotus Technology Inc. is based in Shanghai, China.

Key Stats

• Today's Range: $4.40 to $4.58
• 50-Day Range: $4.25 to $5.19
• 52-Week Range: $4.15 to $17.99
• Volume: 182,800 shs
• Average Volume: 138,646 shs
• Market Capitalization: $3.01 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $7.00
• Consensus Rating: Hold

Lotus Technology Stock Analysis - MarketRank™

Lotus Technology scored higher than 36% of companies evaluated by MarketBeat, and ranked 65th out of 88 stocks in the auto/tires/trucks sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.0 / 5
• Analyst Rating: Hold

Consensus Rating

Lotus Technology has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Lotus Technology has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Lotus Technology is -3.65, 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. Sector

The P/E ratio of Lotus Technology is -3.65, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.02% of the float of Lotus Technology has been sold short.

Short Interest Ratio / Days to Cover

Lotus Technology has a short interest ratio ("days to cover") of 1.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Lotus Technology has recently decreased by 3.20%, indicating that investor sentiment is improving.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Lotus Technology does not currently pay a dividend.

Dividend Growth

Lotus Technology does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.02% of the float of Lotus Technology has been sold short.

Short Interest Ratio / Days to Cover

Lotus Technology has a short interest ratio ("days to cover") of 1.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Lotus Technology has recently decreased by 3.20%, indicating that investor sentiment is improving.

News and Social Media

• Score: 1.3 / 5
• News Sentiment: 0.26

News Sentiment

Lotus Technology has a news sentiment score of 0.26. 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 lower news sentiment than the 0.60 average news sentiment score of Auto/Tires/Trucks companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Lotus Technology this week, compared to 4 articles on an average week.

Search Interest

Only 2 people have searched for LOT on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Lotus Technology insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 0.21% of the stock of Lotus Technology is held by insiders.

Percentage Held by Institutions

63.40% of the stock of Lotus Technology is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

LOT Stock Analysis - Frequently Asked Questions

How have LOT shares performed this year?

Lotus Technology's stock was trading at $9.87 on January 1st, 2024. Since then, LOT shares have decreased by 54.9% and is now trading at $4.45.
View the best growth stocks for 2024 here.

How were Lotus Technology's earnings last quarter?

Lotus Technology Inc. (NASDAQ:LOT) released its quarterly earnings data on Wednesday, August, 28th. The company reported ($0.30) earnings per share (EPS) for the quarter. The company earned $225.03 million during the quarter.

Who are Lotus Technology's major shareholders?

Top institutional shareholders of Lotus Technology include Virtu Financial LLC and State Street Corp.

How do I buy shares of Lotus Technology?

Shares of LOT 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.

What other stocks do shareholders of Lotus Technology own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Lotus Technology investors own include PayPal (PYPL), Tesla (TSLA), Adobe (ADBE), CrowdStrike (CRWD), Fortinet (FTNT), NVIDIA (NVDA) and Palantir Technologies (PLTR).

Company Calendar

• Last Earnings: 8/28/2024
• Today: 11/21/2024
• Next Earnings (Confirmed): 11/21/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Auto/Tires/Trucks
• Industry: Motor vehicles & car bodies
• Sub-Industry: N/A
• Current Symbol: NASDAQ:LOT
• Previous Symbol: NASDAQ:LOT
• CUSIP: N/A
• CIK: 1962746
• Web: www.lcaac.com
• Phone: 65-6672-7600
• Fax: N/A
• Employees: 3,180
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $7.00
• High Stock Price Target: $7.00
• Low Stock Price Target: $7.00
• Potential Upside/Downside: +57.3%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($1.22)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-742,000,000.00
• Net Margins: N/A
• Pretax Margin: -112.76%
• Return on Equity: N/A
• Return on Assets: -39.69%

Debt

• Debt-to-Equity Ratio: 7.93
• Current Ratio: 0.70
• Quick Ratio: 0.49

Sales & Book Value

• Annual Sales: $679.01 million
• Price / Sales: 4.44
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: ($41.83) per share
• Price / Book: -0.11

Miscellaneous

• Outstanding Shares: 677,230,000
• Free Float: 675,810,000
• Market Cap: $3.01 billion
• Optionable: N/A
• Beta: 0.14