What is Proterra's (PRT) stock price expectations for next year?
Their forecasts range from $11.00 to $16.00. On average, they expect Proterra's stock price to reach $14.00 in the next year. This suggests a possible upside of 61.7% from the stock's current price.
Where can I find Proterra's unaudited fourth quarter financial results?
BURLINGAME, Calif., March 01, 2022 (GLOBE NEWSWIRE) -- Proterra Inc (NASDAQ: PTRA) today released its unaudited fourth quarter and full year 2021 financial results by posting them to its Investor Relations website. Please visit the Proterra Investor Relations website at ir. proterra.
What does Proterra do for a living?
Proterra, Inc. engages in the design and manufacture 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.
Why is Rara Medical Systems stock up 65% today?
Ra Medical Systems, Inc. (NYSE: RMED) shares were also up, gaining 65% to $0.5099 after the company announced it has received FDA 510 (k) clearance for its DABRA 2.0 catheter.
Is PTRA stock a good buy?
Proterra Inc (NASDAQ:PTRA) 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 +56.59% increase from the last price of 4.63.
Why is Proterra dropping?
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.
Is Proterra stock 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.
Is Proterra a public company?
Proterra became a publicly listed company on February 25, 2021 after completing a business combination with ArcLight Clean Transition, a publicly traded special purpose acquisition company.
What is wrong with Proterra?
South Carolina-made Proterra buses were failing on steep hills in Duluth. The buses have experienced cracked chassis that forced Philadelphia's transit agency to mothball their share of Proterras, although both the manufacturer and the Duluth Transit Agency say the cracks are cosmetic.
Is Proterra a good company?
Is Proterra a good company to work for? Proterra has an overall rating of 3.7 out of 5, based on over 95 reviews left anonymously by employees. 63% of employees would recommend working at Proterra to a friend and 45% have a positive outlook for the business. This rating has improved by 6% over the last 12 months.
Is Lion Electric a good investment?
Lion Electric Co's trailing 12-month revenue is $74.1 million with a -33.9% profit margin. Year-over-year quarterly sales growth most recently was 264.5%. Analysts expect adjusted earnings to reach $-0.153 per share for the current fiscal year.
Where are Proterra buses made?
Proterra is a national company with its headquarters in Silicon Valley and manufacturing in San Gabriel Valley within metro Los Angeles and in South Carolina's Upstate Region—utilizing strengths and competitive advantages of all locations.
How do I buy stock in arrivals?
How to buy shares in ArrivalChoose a platform. If you're a beginner, our share-dealing table below can help you choose.Open your account. ... Confirm your payment details. ... Search the platform for stock code: ARVL in this case.Research Arrival shares. ... Buy your Arrival shares.
Is Proterra on Robinhood?
Proterra: PTRA Stock Price Quote & News | Robinhood.
How many buses does Proterra sold?
With more than 10 years of experience delivering heavy-duty electric transit vehicles, Proterra has sold 1,300+ buses to 135+ transit agencies across 43 U.S. states and Canadian provinces.
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."
Roseville eyes electric bus depot to get toward zero-carbon goal
The city of Roseville could build a $4.3 million zero-emissions bus depot at its existing corporation yard as early as this spring.
Why Joe Biden and Tesla CEO Elon Musk are beefing
Biden finally mentioned Tesla in public, but that won't end the standoff between the president and the visionary CEO Elon Musk.
Cohen Capital Management, Inc. Buys Visa Inc, Butterfly Network Inc, Activision Blizzard Inc, ..
Corte Madera, CA, based Investment company Cohen Capital Management, Inc.
Proterra Announces Date and Conference Call Details for Fourth Quarter 2021 Financial Results
BURLINGAME, Calif., Feb. 03, 2022 (GLOBE NEWSWIRE) -- Proterra Inc (Nasdaq: PTRA) today announced that it will release its fourth quarter 2021 financial results after the market closes on Tuesday, March 1, 2022. A conference call will be held at 2:00pm Pacific Daylight Time on Tuesday, March 1, 2022 to review financial results.
Carson Block: Most firms that went public via SPAC 'should be deemed uninvestable'
Famed short-seller Carson Block raised the alarm on special purpose acquisition companies (SPAC) at the height of their activity, building his bets while warning retail investors about “a scam” in the market.
Regis Management CO LLC Buys Netflix Inc, Spotify Technology SA, Amarin Corp PLC, Sells Apple ..
Palo Alto, CA, based Investment company Regis Management CO LLC (Current Portfolio) buys Netflix Inc, Spotify Technology SA, Amarin Corp PLC, Airbnb Inc, Juniper Networks Inc, sells Apple Inc, AvalonBay Communities Inc, Lazydays Holdings Inc, Accolade Inc, SPDR Gold Shares ETF during the 3-months ended 2021Q4, according to the most recent filings of the investment company, Regis Management CO LLC..
VTA partners with Proterra and Scale Microgrid Solutions to charge 34 electric buses with solar-powered microgrid
VTA partners with Proterra and Scale Microgrid Solutions to charge 34 electric buses with solar-powered microgrid In the event of an extended power outage, such as a public safety power shutoff, electricity stored in the microgrid’s battery storage system can provide back-up power at VTA’s Cerone bus yard to allow the agency to continue operating battery-electric buses, serving riders and providing emergency transport if needed.
Investors are no longer patient with early-growth tech companies, especially in the electric vehicle sector
Howard grew up in Philadelphia watching the Philly sports teams struggle for championships. He has been investing since 1989 and been a Fool since 2001. Prior to joining The Fool as a contract writer in 2019, Howard worked in the steel business as an engineer for 28 years.
Key Points
Hopes for growing future recurring revenue are being overshadowed by the macroeconomic environment.
What happened
EV charging network company ChargePoint Holdings ( NYSE:CHPT) has pretty much fallen out of favor with investors. Even after a big down month in December, when the stock dropped about 25%, shares in ChargePoint continue to fall.
So what
ChargePoint is a leading EV charging company in North America and is expanding in Europe. It has become one of the few EV companies going public through SPAC mergers to follow up with increasing revenue projections. The company has raised its calendar year 2021 annual revenue guidance in each of the past two quarterly reports.
Now what
This week's stock drop doesn't come with any current news from the company. ChargePoint provides electric fueling networks for commercial, fleet, and residential customers. It reported 79% year-over-year revenue growth in its recently reported fiscal 2022 third quarter, ended Oct. 31, 2021.