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Lion Electric (LEV) News Today

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$0.19 -0.05 (-21.01%)
(As of 11/20/2024 ET)
Lion Electric Faces Financial Challenges Amid Credit Amendments
Bus maker Lion Electric mulls sale of company amid cash woes
Lion Electric FY2024 EPS Estimate Decreased by Desjardins
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FY2024 EPS Estimates for Lion Electric Cut by Desjardins
The Lion Electric Company (NYSE:LEV - Free Report) - Desjardins reduced their FY2024 earnings estimates for shares of Lion Electric in a research note issued on Thursday, November 7th. Desjardins analyst B. Poirier now anticipates that the company will earn ($0.44) per share for the year, down fr
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Lion Electric (NYSE:LEV) Posts Earnings Results, Misses Expectations By $0.02 EPS
Lion Electric (NYSE:LEV - Get Free Report) posted its quarterly earnings results on Wednesday. The company reported ($0.15) EPS for the quarter, missing analysts' consensus estimates of ($0.13) by ($0.02). The firm had revenue of $30.63 million for the quarter, compared to analysts' expectations of $34.33 million. Lion Electric had a negative net margin of 74.35% and a negative return on equity of 31.12%. During the same quarter in the previous year, the company earned ($0.10) EPS.
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Lion Electric (NYSE:LEV) Price Target Lowered to $0.60 at BMO Capital Markets
BMO Capital Markets cut their price target on Lion Electric from $0.80 to $0.60 and set a "market perform" rating on the stock in a research note on Friday.
Lion Electric’s Financial Uncertainty Amid Debt Challenges
LION ELECTRIC ANNOUNCES THIRD QUARTER 2024 RESULTS
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Lion Electric (LEV) to Release Earnings on Wednesday
Lion Electric (NYSE:LEV) will be releasing earnings after the market closes on Wednesday, November 6, Zacks reports.
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The Lion Electric Company (NYSE:LEV) Given Consensus Rating of "Hold" by Brokerages
The Lion Electric Company (NYSE:LEV - Get Free Report) has been given a consensus rating of "Hold" by the nine brokerages that are currently covering the firm, MarketBeat reports. Seven equities research analysts have rated the stock with a hold recommendation, one has given a buy recommendation a
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The Lion Electric Company (NYSE:LEV) Sees Significant Decrease in Short Interest
The Lion Electric Company (NYSE:LEV - Get Free Report) was the target of a significant drop in short interest in the month of September. As of September 30th, there was short interest totalling 4,020,000 shares, a drop of 9.5% from the September 15th total of 4,440,000 shares. Currently, 3.4% of the company's shares are short sold. Based on an average daily trading volume, of 265,300 shares, the short-interest ratio is currently 15.2 days.
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The Lion Electric Company (NYSE:LEV) Receives Average Rating of "Hold" from Analysts
The Lion Electric Company (NYSE:LEV - Get Free Report) has earned an average recommendation of "Hold" from the nine analysts that are presently covering the company, MarketBeat.com reports. Seven equities research analysts have rated the stock with a hold rating, one has given a buy rating and one
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The Lion Electric Company (NYSE:LEV) Sees Significant Growth in Short Interest
The Lion Electric Company (NYSE:LEV - Get Free Report) was the target of a large increase in short interest in the month of August. As of August 15th, there was short interest totalling 4,660,000 shares, an increase of 9.4% from the July 31st total of 4,260,000 shares. Approximately 3.9% of the shares of the company are short sold. Based on an average trading volume of 363,100 shares, the short-interest ratio is presently 12.8 days.
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The Lion Electric Company (NYSE:LEV) Receives Average Recommendation of "Hold" from Brokerages
The Lion Electric Company (NYSE:LEV - Get Free Report) has been assigned an average rating of "Hold" from the nine brokerages that are covering the firm, MarketBeat.com reports. Seven equities research analysts have rated the stock with a hold rating, one has issued a buy rating and one has issu
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Lion Electric (NYSE:LEV) Rating Reiterated by DA Davidson
DA Davidson reaffirmed a "neutral" rating and set a $1.00 price objective (down previously from $1.50) on shares of Lion Electric in a research note on Monday.
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B. Riley Comments on The Lion Electric Company's Q1 2025 Earnings (NYSE:LEV)
The Lion Electric Company (NYSE:LEV - Free Report) - Equities researchers at B. Riley issued their Q1 2025 earnings per share (EPS) estimates for shares of Lion Electric in a research note issued to investors on Thursday, August 1st. B. Riley analyst R. Pfingst forecasts that the company will pos
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Desjardins Weighs in on The Lion Electric Company's Q4 2024 Earnings (NYSE:LEV)
The Lion Electric Company (NYSE:LEV - Free Report) - Analysts at Desjardins issued their Q4 2024 earnings estimates for shares of Lion Electric in a note issued to investors on Wednesday, July 31st. Desjardins analyst B. Poirier expects that the company will earn ($0.09) per share for the quarter
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Lion Electric (NYSE:LEV) Lowered to Hold at Roth Capital
Roth Capital downgraded shares of Lion Electric from a "strong-buy" rating to a "hold" rating in a report on Wednesday.
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The Lion Electric Company (NYSE:LEV) Sees Large Decline in Short Interest
The Lion Electric Company (NYSE:LEV - Get Free Report) saw a significant decrease in short interest in the month of July. As of July 15th, there was short interest totalling 4,720,000 shares, a decrease of 5.6% from the June 30th total of 5,000,000 shares. Based on an average daily trading volume, of 451,100 shares, the days-to-cover ratio is presently 10.5 days. Approximately 4.1% of the company's stock are short sold.
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The Lion Electric Company (NYSE:LEV) Given Average Recommendation of "Hold" by Brokerages
Shares of The Lion Electric Company (NYSE:LEV - Get Free Report) have been assigned an average recommendation of "Hold" from the seven analysts that are covering the firm, MarketBeat.com reports. Five analysts have rated the stock with a hold rating and two have issued a buy rating on the company
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The Lion Electric Company (NYSE:LEV) Sees Large Drop in Short Interest
The Lion Electric Company (NYSE:LEV - Get Free Report) was the target of a significant decrease in short interest in the month of May. As of May 31st, there was short interest totalling 5,250,000 shares, a decrease of 23.2% from the May 15th total of 6,840,000 shares. Currently, 4.5% of the company's stock are sold short. Based on an average daily volume of 531,600 shares, the days-to-cover ratio is presently 9.9 days.
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LEV Media Mentions By Week

LEV Media Sentiment

Each headline receives a score ranging from 2 (good news) to -2 (bad news). Our company news sentiment scores track the average news sentiment of articles about each company over the most recent 7 days in order to identify companies that are receiving positive press.

LEV
News Sentiment

0.10

0.60

Average
Auto/Tires/Trucks
News Sentiment

LEV News Coverage

We track news headlines from hundreds of news outlets and tag them by company. This chart compares the number of articles about this company in the last seven days compared with the average number of articles about this company on a typical week.

LEV Articles
This Week

6

2

LEV Articles
Average Week

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This page (NYSE:LEV) was last updated on 11/21/2024 by MarketBeat.com Staff
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