Lion Electric (LEV) Stock Forecast & Price Target

$0.59

0.00 (0.00%)

(As of 11/5/2024 ET)

Lion Electric - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Hold

Based on 9 Analyst Ratings

Sell
0

Hold
7

Buy
2

Based on 9 Wall Street analysts who have issued ratings for Lion Electric in the last 12 months, the stock has a consensus rating of "Hold." Out of the 9 analysts, 7 have given a hold rating, 1 has given a buy rating, and 1 has given a strong buy rating for LEV.

Consensus Price Target

$1.52
156.00% Upside

According to the 9 analysts' twelve-month price targets for Lion Electric, the average price target is $1.52. The highest price target for LEV is $2.50, while the lowest price target for LEV is $1.00. The average price target represents a forecasted upside of 156.00% from the current price of $0.59.

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LEV Analyst Ratings Over Time

Type	Current Forecast 11/6/23 to 11/5/24	1 Month Ago 10/7/23 to 10/6/24	3 Months Ago 8/8/23 to 8/7/24	1 Year Ago 11/6/22 to 11/6/23
Strong Buy	1 Strong Buy rating(s)	1 Strong Buy rating(s)	1 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	1 Buy rating(s)	1 Buy rating(s)	2 Buy rating(s)	3 Buy rating(s)
Hold	7 Hold rating(s)	7 Hold rating(s)	6 Hold rating(s)	6 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$1.52	$1.52	$1.59	$3.59
Forecasted Upside	156.00% Upside	131.78% Upside	178.28% Upside	104.86% Upside
Consensus Rating	Hold	Hold	Hold	Hold

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LEV Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

LEV Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Lion Electric Stock vs. The Competition

Type	Lion Electric	Auto/Tires/Trucks Companies	S&P 500
Consensus Rating Score	2.33	2.44	2.50
Consensus Rating	Hold	Hold	Hold
Predicted Upside	156.00% Upside	260.34% Upside	9.47% Upside
News Sentiment Rating	Neutral News See Recent LEV News	Neutral News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
8/12/2024	DA Davidson 3 of 5 stars	M. Shlisky Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Buy ➝ Neutral	$1.50 ➝ $1.00	+76.05%
7/31/2024	Roth Capital 3 of 5 stars	C. Irwin Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Strong-Buy ➝ Hold
6/25/2024	B. Riley 4 of 5 stars	R. Pfingst Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Strong-Buy
5/9/2024	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Equal Weight ➝ Equal Weight	$2.00 ➝ $1.00	+0.02%
5/9/2024	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Market Perform ➝ Market Perform	$2.00 ➝ $1.00	+0.02%
5/9/2024	Roth Mkm Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$2.50 ➝ $2.00	+102.02%
Get the Latest News and Ratings for LEV and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Lion Electric and its competitors with MarketBeat's FREE daily newsletter.
5/8/2024	National Bank Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating	R. Merer Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Sec Perform Spec Market Wgt ➝ Underperform Spec Market Wgt
4/22/2024	CIBC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral	$1.70 ➝ $1.40	+45.83%
3/1/2024	Desjardins Subscribe to MarketBeat All Access for the recommendation accuracy rating	B. Poirier Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Buy ➝ Hold	$4.00 ➝ $2.50	+67.75%
3/1/2024	National Bankshares Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Sector Perform	$2.25 ➝ $1.75	+17.43%
3/27/2023	R. F. Lafferty Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Buy	$7.00	+262.69%
3/14/2023	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Market Perform	$4.50 ➝ $2.50	+17.92%
12/27/2022	Northland Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Outperform	$5.00	+147.52%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 09:51 PM ET.

LEV Forecast - Frequently Asked Questions

: According to the research reports of 9 Wall Street equities research analysts, the average twelve-month stock price forecast for Lion Electric is $1.52, with a high forecast of $2.50 and a low forecast of $1.00.
: 9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lion Electric in the last year. There are currently 7 hold ratings, 1 buy rating and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" LEV shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in LEV, but not buy additional shares or sell existing shares.
: According to analysts, Lion Electric's stock has a predicted upside of 156.00% based on their 12-month stock forecasts.
: Lion Electric has been rated by research analysts at DA Davidson in the past 90 days.
: Analysts like Lion Electric less than other "auto/tires/trucks" companies. The consensus rating score for Lion Electric is 2.33 while the average consensus rating score for "auto/tires/trucks" companies is 2.44. Learn more on how LEV compares to other companies.

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This page (NYSE:LEV) was last updated on 11/5/2024 by MarketBeat.com Staff

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Lion Electric (LEV) Stock Forecast & Price Target