When will Proterra stock go public?
Proterra has already announced the deal, but it may be a few months until that ticker symbol shifts. According to reports, Proterra will go public sometime in the first half of 2021. Since it's only January, investors still have some thumb-twiddling to do on the Proterra front.
Is Proterra a buy or sell on a moving average?
The Proterra Inc. stock holds a buy signal from the short-term moving average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock.
Is the Proterra deal a good deal for SPACs?
SPAC IPOs trade at a set price of $10 per share to start, so it's likely that this stock will prove less volatile than traditional IPOs. That doesn't mean it's entirely without risk (after all, SPACs can fail to merge ), but the Proterra deal could be a good bet in the clean energy and transportation sectors.
How many buses did Proterra deliver in the first nine months?
In the first nine months of 2021, Proterra delivered 154 buses, up from 122 delivered in the year-ago period. It also delivered battery systems for 134 vehicles, up from systems for 74 vehicles delivered in the first nine months of 2020.
Can I buy PTRA stock?
Shares of PTRA can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
How to buy Proterra stock now?
How to buy shares in ProterraCompare share trading platforms. Use our comparison table to help you find a platform that fits you.Open your brokerage account. Complete an application with your details.Confirm your payment details. ... Research the stock. ... Purchase now or later. ... Check in on your investment.
Will PTRA stock go up?
Stock Price Forecast The 6 analysts offering 12-month price forecasts for Proterra Inc have a median target of 7.25, with a high estimate of 10.00 and a low estimate of 5.00. The median estimate represents a +24.57% increase from the last price of 5.82.
Is proterra on Robinhood?
Proterra: PTRA Stock Price Quote & News | Robinhood.
How do I purchase pre IPO stock?
Use a Specialized Broker Brokers and financial advisors often take part in pre-IPO trades. They may have acquired stocks that they are willing to sell or represent sellers who seek buyers. You can ask your current broker about pre-IPO stocks or use a broker that specializes in pre-IPO sales.
Is PTRA a good investment?
If you are looking for stocks with good return, Proterra Inc can be a profitable investment option. Proterra Inc quote is equal to 6.835 USD at 2022-06-02. Based on our forecasts, a long-term increase is expected, the "PTRA" stock price prognosis for 2027-05-26 is 19.305 USD.
What is Nio price target?
Stock Price Forecast The 30 analysts offering 12-month price forecasts for NIO Inc have a median target of 30.19, with a high estimate of 82.21 and a low estimate of 21.89. The median estimate represents a +46.36% increase from the last price of 20.63.
Why is PTRA stock down?
Proterra (ticker: PTRA) has one big problem: It merged with a SPAC in mid-June in order to go public, and has seen its share price tumble as investors sold off SPACs at the end of the year. Proterra dropped 21% last month, hitting a 52-week low on Dec. 20. The shares now trade below their $10 price at the SPAC merger.
Is Proterra a good buy?
Based on that, its current stock price implies a price-to-forward sales ratio of roughly 0.8 times, which looks reasonable. The company has a robust order backlog for both its buses and battery systems. Proterra stock may not return to price levels seen at the start of 2021 any time soon.
What does PTRA stock do?
Proterra Inc. (NASDAQ:PTRA) is a leading producer of commercial electric vehicles with a 10-year history of manufacturing transit buses in the United States.
Why is Proterra stock falling?
Analysts were projecting a $23 million loss. Higher costs and supply chain disruptions were blamed for the weaker than expected results. Looking ahead, Proterra expects to generate about $313 million in 2022 sales. Wall Street was projecting almost $405 million in 2022 sales.
Who makes batteries for electric buses?
According to CnEVPost, CATL will provide LFP CTP batteries for Solaris, a Polish electric bus manufacturer, which happens to be the top player in Europe with 390 units delivered in 2021 (ahead of BYD-ADL - 375, and Mercedes-Benz - 333)....CategoryBattery Tech BusesTagsCATL Solaris lfpMay 29, 2022
Should I buy or sell Proterra stock right now?
4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Proterra in the last year. There are currently 1 sell rating, 2 hold ratin...
What is Proterra's stock price forecast for 2022?
4 brokers have issued twelve-month price objectives for Proterra's shares. Their forecasts range from $5.00 to $10.00. On average, they anticipate...
How has Proterra's stock price performed in 2022?
Proterra's stock was trading at $8.83 at the start of the year. Since then, PTRA shares have decreased by 33.6% and is now trading at $5.86. View...
When is Proterra's next earnings date?
Proterra is scheduled to release its next quarterly earnings announcement on Wednesday, August 10th 2022. View our earnings forecast for Proterra .
How were Proterra's earnings last quarter?
Proterra Inc. (NASDAQ:PTRA) posted its earnings results on Wednesday, May, 4th. The company reported ($0.43) EPS for the quarter, missing analysts'...
What guidance has Proterra issued on next quarter's earnings?
Proterra issued an update on its FY 2022 earnings guidance on Monday, May, 9th. The company provided earnings per share (EPS) guidance of for the p...
Who are Proterra's key executives?
Proterra's management team includes the following people: Mr. Gareth T. Joyce , Pres, CEO & Director (Age 49, Pay $510.48k) Mr. Christopher L. B...
Who are some of Proterra's key competitors?
Some companies that are related to Proterra include Nikola (NKLA) , Fisker (FSR) , Brilliance China Automotive (BCAUY) , Federal Signal (FSS) ,...
What is Proterra's stock symbol?
Proterra trades on the NASDAQ under the ticker symbol "PTRA."
3.1 Analyst's Opinion
Proterra has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 1 buy rating, 3 hold ratings, and no sell ratings.
Is Proterra a buy right now?
4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Proterra in the last twelve months. There are currently 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Proterra stock.
Are investors shorting Proterra?
Proterra saw a decrease in short interest in the month of January. As of January 31st, there was short interest totaling 6,950,000 shares, a decrease of 26.1% from the January 15th total of 9,410,000 shares. Based on an average daily trading volume, of 2,800,000 shares, the days-to-cover ratio is presently 2.5 days.
When is Proterra's next earnings date?
Proterra is scheduled to release its next quarterly earnings announcement on Tuesday, March 1st 2022. View our earnings forecast for Proterra.
How can I listen to Proterra's earnings call?
Proterra will be holding an earnings conference call on Tuesday, March 1st at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.
How were Proterra's earnings last quarter?
Proterra Inc. (NASDAQ:PTRA) released its quarterly earnings results on Wednesday, November, 10th. The company reported ($0.42) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of ($0.17) by $0.25. The company earned $61.94 million during the quarter. View Proterra's earnings history.
What guidance has Proterra issued on next quarter's earnings?
Proterra updated its FY 2021 earnings guidance on Wednesday, December, 8th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $246 million-$246 million, compared to the consensus revenue estimate of $244.06 million.
How to buy shares in Proterra
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Is it a good time to buy Proterra stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Proterra share dividends
We're not expecting Proterra to pay a dividend over the next 12 months.
Proterra overview
Proterra Inc. develops and produces commercial electric vehicles. It operates in three business units: Proterra Powered, Proterra Energy, and Proterra Transit.
About PTRA
Proterra, Inc. engages in the designing and manufacturing of zero-emission electric transit vehicles. The firm is focused on providing end-to-end solutions that enable commercial vehicle electrification, with its electric vehicle technology. Its business lines include Proterra Powered, Proterra Transit, and Proterra Energy.
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Rating
What analysts on recommend for this stock, on a scale from 1 (buy) to 5 (sell).
Proterra (PTRA)
This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.
Proterra Inc. - Hold
Zacks' proprietary data indicates that Proterra Inc. is currently rated as a Zacks Rank 3 and we are expecting an inline return from the PTRA shares relative to the market in the next few months. In addition, Proterra Inc.
Style Scorecard
The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.
NASDAQ: PTRA
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Proterra's growth so far
California-based Proterra, which went public in June 2021 after merging with special purpose acquisition company ( SPAC) ArcLight Clean Transition Corp., focuses on EV technology for commercial vehicles.
Proterra targets a huge market
Electrification of buses and other commercial vehicles is key to achieve emission-reduction objectives. The bipartisan infrastructure law provides a $5 billion investment for low- or zero-emission buses. Proterra estimates an addressable global commercial-EV market of more than $260 billion.
Should you buy Proterra stock now?
Proterra's biggest challenge probably comes from the various big players operating in the commercial-EV space. In the electric-bus segment, the company competes with leading players including NFI Group, Gillig Corporation, Nova Bus Company, and BYD (which, for example, has delivered more than 50,000 electric buses so far.)
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Proterra Inc. (PTRA) Company Bio
Proterra Inc. designs and manufactures zero-emission electric transit vehicles. The company offers energy services, including fleet planning, charging infrastructure, energy management, and charging infrastructure financing.
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When will Proterra go public?
According to reports, Proterra will go public sometime in the first half of 2021. Since it's only January, investors still have some thumb-twiddling to do on the Proterra front.
How much is Proterra worth?
Proterra's valuation is nothing to be shy about. Currently, the SPAC deal estimates that Proterra is worth as much as $1.6 billion. After the merger is complete, Proterra will get upwards of $825 million in cash, which it plans to use for R&D and expansion.
Who is Proterra bus?
One of its clients is the New York City Metropolitan Transit Authority. The company earned an estimated revenue of $193 million in 2020 and an additional $750 million in existing orders and backlogs.
Is Proterra a SPAC?
Proterra is merging with a SPAC called ArcLight Clean Transition, which currently trades under the ticker symbol "ACTC" on the Nasdaq Exchange. Once the deal is finalized and the newly formed company is ready for its first public trade, ArcLight will shift its ticker symbol to "PTRA.".
