Full Answer
What is the upside for shift technologies (shift) stock?
9 equities research analysts have issued 12-month target prices for Shift Technologies' stock. Their forecasts range from $7.00 to $16.00. On average, they anticipate Shift Technologies' stock price to reach $12.11 in the next twelve months. This suggests a possible upside of 508.6% from the stock's current price.
How much is a share of shift Technologies worth?
One share of SFT stock can currently be purchased for approximately $1.99. How much money does Shift Technologies make? Shift Technologies has a market capitalization of $161.80 million and generates $195.72 million in revenue each year. The company earns $-59.15 million in net income (profit) each year or ($1.51) on an earnings per share basis.
What is the 12-month stock price forecast for shift Technologies Inc (SFT)?
The 12-month stock price forecast is 11.40, which is an increase of 264.22% from the latest price. Shift Technologies Inc (NASDAQ: SFT) announced a $100 million committed floorplan facility with Ally Financial Inc (NYSE: ALLY), a digital financial services company.
What is shift Technologies'stock symbol?
Shift Technologies trades on the NASDAQ under the ticker symbol "SFT." Who are Shift Technologies' major shareholders? Shift Technologies' stock is owned by many different retail and institutional investors. Top institutional shareholders include Cutler Group LP (0.00%).
Who is the CEO of Shift Technologies?
When will Shift report its first quarter of 2021?
How much did SFT make in 2020?
About this website
Is shift a good stock to buy?
Shift Technologies has received a consensus rating of Hold. The company's average rating score is 2.44, and is based on 4 buy ratings, 5 hold ratings, and no sell ratings.
Is shift a publicly traded company?
As of 2019, Shift has raised approximately $300 million, a mix of debt and equity. In June 2020, Shift announced that it would engage in a merger with a special purpose acquisition company (SPAC) called Insurance Acquisition Corp., then a public company listed on the Nasdaq under the ticker symbol INSU.
Will shift technology stock go up?
Shift Technologies Inc (NASDAQ:SFT) The 8 analysts offering 12-month price forecasts for Shift Technologies Inc have a median target of 2.75, with a high estimate of 12.00 and a low estimate of 1.50. The median estimate represents a +204.81% increase from the last price of 0.90.
Is shift going out of business?
While Shift's liquidity situation remains challenging, the business is performing within management's guideposts, and the outlook for 2022 remains unchanged despite macro challenges.
Who bought shift?
Please provide a valid email address. A Beverly Hills company that previously concentrated on auto leasing — Fair Technologies — has been purchased by used-car purchase company Shift Technologies Inc. of San Francisco. Shift said it's paying $15 million in cash for Fair Technologies, plus some shares of Shift stock.
How does shift make money?
So, how does Shift make money? If you sell through the service, you do end up paying a fee, but unlike the cash you'd fork over to a real estate agent when selling a house, Shift's fee isn't a commission on the sale price. Instead, Shift collects a flat fee that's based on a quote provided to the seller up front.
What happened shift technology?
Shift executed its strategy of selling older inventory at high prices and slowed purchases in late August and September in the face of seasonally lower pricing. Significant growth expectations for 2022 will require expanding inventory. Shift refocused marketing on brand advertising.
What is going on with Shift Technologies?
Shift Technologies raises doubts about its future in SEC filing. Less than two years after going public through a reverse merger, Shift Technologies is casting doubt on its ability to survive the next 12 months due to mounting losses.
Is SFT undervalued?
SFT fair value SFT ($1.05) is significantly undervalued...
Does shift own its cars?
Yes, we own all cars listed on our site. We acquire most of our cars from other customers who have sold their car to us - we then recondition the car at one of our Shift locations, clean and detail the car, and take photos of the exterior and interior before listing the car on our site for you to buy.
How many locations does shift have?
The company operates 183 dealership locations. In 2018, Lithia Motors reported revenue increased 17.0% to a record $11.82 billion, up from $10.10 billion in 2017. Lithia Motors invested $54 million in Shift during 2018 and is Shift's largest shareholder, a Lithia Motors statement says.
Is Shift Technologies a good company?
Shift Technologies has achieved high degree of consumer satisfaction as it has NPS score of 70. The 70 level is quite high considering the fact lots of well established brands has lower NPS scores.
Should I buy or sell Shift Technologies stock right now?
7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Shift Technologies in the last twelve months. There are currently...
What is Shift Technologies' stock price forecast for 2022?
7 brokerages have issued 12 month price targets for Shift Technologies' shares. Their forecasts range from $2.00 to $12.00. On average, they predic...
How has Shift Technologies' stock price performed in 2022?
Shift Technologies' stock was trading at $3.41 at the beginning of 2022. Since then, SFT stock has decreased by 77.5% and is now trading at $0.7670...
When is Shift Technologies' next earnings date?
Shift Technologies is scheduled to release its next quarterly earnings announcement on Tuesday, August 9th 2022. View our earnings forecast for Sh...
How were Shift Technologies' earnings last quarter?
Shift Technologies, Inc. (NASDAQ:SFT) announced its earnings results on Tuesday, May, 10th. The company reported ($0.70) earnings per share (EPS) f...
What guidance has Shift Technologies issued on next quarter's earnings?
Shift Technologies updated its FY 2022 earnings guidance on Tuesday, June, 7th. The company provided earnings per share guidance of for the period....
Who are Shift Technologies' key executives?
Shift Technologies' management team includes the following people: Mr. George Arison , Co-Founder, CEO & Chairman (Age 44, Pay $1.96M) ( LinkedI...
Who are some of Shift Technologies' key competitors?
Some companies that are related to Shift Technologies include Kaixin Auto (KXIN) , Lazydays (LAZY) , Vroom (VRM) , CarLotz (LOTZ) , LMP Automo...
What is Shift Technologies' stock symbol?
Shift Technologies trades on the NASDAQ under the ticker symbol "SFT."
Is Shift Technologies Inc (SFT) Stock a Great Value?
Shift Technologies Inc stock has fallen -1.79% over the last 12 months, and the average rating from Wall Street analysts is a Buy.InvestorsObserver’s proprietary ranking system, gives SFT stock a score of 32 out of a possible 100.. That rank is mainly influenced by a long-term technical score of 1. SFT's rank also includes a short-term technical score of 4.
SFT Stock Forecast, Price & News (Shift Technologies)
1.4 News and Social Media Coverage. News Sentiment Shift Technologies has a news sentiment score of -0.50. 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).
SFT Stock Quote - Shift Technologies, Inc. Stock Price Today
Shift Technologies, Inc. provides online automobile purchasing services. It also provides end-to-end auto ecommerce platform transforming the used car industry with a technology-driven, hassle-free customer experience.
SFT Stock | SHIFT TECHNOLOGIES Stock Price Today - Insider
SFT: Get the latest Shift Technologies stock price and detailed information including SFT news, historical charts and realtime prices.
Shift Technologies Inc (SFT) Stock Analysis: Price, Forecast, and News
What this means: InvestorsObserver gives Shift Technologies Inc (SFT) an overall rank of 48, which is below average. Shift Technologies Inc is in the bottom half of stocks based on the fundamental outlook for the stock and an analysis of the stock's chart.
NASDAQ:SFT - Shift Technologies Stock Price & Analysis | StockDetect
(NASDAQ:SFT) Shift Technologies, Inc. provides an online platform that allows people to buy and sell their new and used cars. The company offers sedans, hatchbacks, wagons, SUVs, vans, coupes, convertibles, and trucks.
Who is the CEO of Shift Technologies?
(Nasdaq: SFT) and its Board of Directors announced today that Toby Russell will be stepping down as Co-CEO on Feb. 1, 2022. Russell will continue to serve on the company’s Board of Directors and as Strategic Advisor to the company following his transition. George Arison, Co-founder and Co-CEO, will serve as sole CEO, effective Feb. 1, 2022. As of Nov. 4, 2021, the majority of Russell’s day-to-day operational responsibiliti
What is shiftshift?
About ShiftShift is a leading end-to-end auto ecommerce platform transforming the used car industry with a technology-driven, hassle-free customer experience. Shift’s mission is to make car purchase and ownership simple — to make buying or selling a used car fun, fair, and accessible to everyone.
What is shift in 2021?
About ShiftShift is a leading end-to-end auto ecommerce platform transforming the used car industry with a technology-driven, hassle-free customer experience. Shift’s mission is to make car purchase and ownership simple — to make buying or selling a used car fun, fair, and accessible to everyone. Shift provides comprehensive, digital solutions throughout the car ownership lifecycle: finding the right car, having a test drive brought to you before buying the car, a seamless digitally-driven purchase transaction including financing and vehicle protection products, an efficient, digital trade-in/sale transaction, and a vision to provide high-value support services during car ownership. For more information, visit www.shift.com. Investor Relations Contact:Drew Haroldson, The Blueshirt [email protected] Media Contact:Jeff Fox, The Blueshirt [email protected] Source: Shift Technologies, Inc.
Who is the president of shift?
30, 2021 (GLOBE NEWSWIRE) -- Shift (Nasdaq: SFT), a leading end-to-end auto ecommerce platform transforming the used car industry with a technology-driven, hassle-free customer experience, announced today that Jeff Clementz, recent SVP, GM of Walmart US Marketplace and Partner Operations, will be appointed as Shift’s President, effective Oct. 1, 2021. “We are thrilled to welcome such a proven leader with a strong vision and aptitude for execution at this pivotal moment,” sai
Is shift convertible into cash?
The notes will be convertible into cash, shares of Shift's Class A common stock, or a combination thereof, at Shift's election. The interest rate, initial conversion rate and other terms of the notes are to be determined upon pricing of the offering.
Is Shift Technologies convertible?
Shares of used-car e-commerce platform Shift Technologies (NASDAQ: SFT) plunged on Monday after the company announced a substantial convertible debt offering. According to the official press release from the company, Shift Technologies is looking to raise $75 million with convertible notes.
Is the Options Market Predicting a Spike in Shift Technologies (SFT) Stock?
Investors need to pay close attention to Shift Technologies (SFT) stock based on the movements in the options market lately.
What is shift technology?
Shift Technologies, Inc. provides end-to-end auto ecommerce platform for buying and selling of used cars. The company operates through two segments, Retail and Wholesale. It engages in the retail sale of used vehicles through its platform that enables mobile digital transaction, such as car searching, scheduling an on-demand test drive, and purchasing at home or at the preferred site of a test drive, as well as provides financing and services. The company also provides value added products, such as vehicle service contracts, guaranteed asset protection waiver coverage, prepaid maintenance plans, and appearance protection plan. In addition, it is involved in the sale of used vehicles through wholesale auctions or directly to a wholesaler. The company was founded in 2013 and is based in San Francisco, California.
When is shift tech earnings call?
How can I listen to Shift Technologies' earnings call? Shift Technologies will be holding an earnings conference call on Tuesday, August 10th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 404-537-3406 with passcode "8185627 #".
What is the SFT symbol?
Shift Technologies trades on the NASDAQ under the ticker symbol "SFT."
How much is shift technology revenue in 2021?
The company issued revenue guidance of $480 million-520 million, compared to the consensus revenue estimate of $447.94 million.
What is the consensus rating of shift technologies?
Shift Technologies has received a consensus rating of Buy. The company's average rating score is 2.91, and is based on 10 buy ratings, 1 hold rating, and no sell ratings.
Does shift pay dividends?
Shift Technologies does not currently pay a dividend.
Who is the CEO of Shift Technologies?
Shift Technologies just debuted in trading through a SPAC merger. CEO and co-founder George Arison joins CNBC's "Squawk on the Street" team to discuss why it chose a SPAC and the trends in the used car ...
When will Shift report its first quarter of 2021?
SAN FRANCISCO, April 20, 2021 (GLOBE NEWSWIRE) -- Shift (Nasdaq: SFT), a leading end-to-end ecommerce platform for buying and selling used cars, announced today that it will report first quarter of fisc...
How much did SFT make in 2020?
In 2020, SFT's revenue was $195.72 million, an increase of 17.74% compared to the previous year's $166.24 million. Losses were -$59.15 million, -26.51% less than in 2019.
