Lion Electric Company (LEV) Stock Forecast, Price Target & Predictions
LEV Stock Forecast
Lion Electric Company stock forecast is as follows: an average price target of $1.80 (represents a 140.00% upside from LEV’s last price of $0.75) and a rating consensus of 'Hold', based on 3 wall street analysts offering a 1-year stock forecast.
LEV Price Target
The average price target for Lion Electric Company (LEV) is $1.80 based on 1-year price targets from 3 Wall Street analysts in the past 3 months, with a price target range of $5.00 to $1.00. This represents a potential 140.00% upside from LEV's last price of $0.75.
LEV Analyst Ratings
According to 3 Wall Street analysts, Lion Electric Company's rating consensus is 'Hold'. The analyst rating breakdown for LEV stock is 0 'Strong Buy' (0.00%), 0 'Buy' (0.00%), 3 'Hold' (100.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Lion Electric Company Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Aug 12, 2024 | Michael Shlisky | D.A. Davidson | $1.00 | $0.57 | 76.06% | 33.33% |
| Aug 01, 2024 | Jaime Perez | R.F. Lafferty | $1.00 | $0.68 | 47.04% | 33.33% |
| May 13, 2024 | Michael Shlisky | D.A. Davidson | $1.50 | $0.95 | 57.28% | 100.00% |
| May 09, 2024 | Tamy Chen | BMO Capital | $1.00 | $1.03 | -2.91% | 33.33% |
| May 09, 2024 | George Giankarikas | Canaccord Genuity | $1.00 | $0.97 | 3.31% | 33.33% |
| Dec 27, 2022 | - | Northland Securities | $5.00 | $2.00 | 149.38% | 566.67% |
The latest Lion Electric Company stock forecast, released on Aug 12, 2024 by Michael Shlisky from D.A. Davidson, set a price target of $1.00, which represents a 76.06% increase from the stock price at the time of the forecast ($0.57), and a 33.33% increase from LEV last price ($0.75).
Lion Electric Company Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 2 | 5 |
| Avg Price Target | - | $1.00 | $1.10 |
| Last Closing Price | $0.75 | $0.75 | $0.75 |
| Upside/Downside | -100.00% | 33.33% | 46.67% |
In the current month, the average price target of Lion Electric Company stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Lion Electric Company's last price of $0.75. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Aug 01, 2024 | CIBC | - | Underperform | Downgrade |
| Aug 01, 2024 | R.F. Lafferty | - | Hold | Downgrade |
| May 09, 2024 | BMO Capital | Market Perform | Market Perform | Hold |
| May 09, 2024 | Canaccord Genuity | Hold | Hold | Hold |
| Feb 24, 2022 | BMO Capital | - | Market Perform | Downgrade |
Lion Electric Company's last stock rating was published by CIBC on Aug 01, 2024. The company Downgrade its LEV rating from "null" to "Underperform".
Lion Electric Company Financial Forecast
Lion Electric Company Revenue Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | $54.70M | $46.77M | $40.98M | $29.52M | $22.65M | - | $11.93M | - | - |
| Avg Forecast | $70.47M | $63.67M | $54.46M | $51.36M | $45.12M | $35.99M | $63.14M | $69.57M | $89.45M | $77.74M | $66.70M | $53.75M | $46.77M | $41.19M | $30.27M | $22.79M | $13.24M | $26.24M | $15.72M | $9.69M |
| High Forecast | $101.58M | $91.77M | $78.51M | $74.04M | $65.04M | $41.93M | $91.01M | $100.28M | $95.78M | $112.07M | $96.15M | $77.48M | $67.42M | $59.37M | $30.27M | $27.49M | $15.96M | $31.65M | $18.96M | $11.68M |
| Low Forecast | $57.93M | $52.34M | $44.78M | $42.23M | $37.10M | $33.54M | $51.91M | $57.19M | $85.15M | $63.92M | $54.84M | $44.19M | $38.45M | $33.86M | $30.27M | $16.23M | $9.42M | $18.69M | $11.19M | $6.90M |
| # Analysts | 4 | 4 | 4 | 4 | 3 | 6 | 3 | 4 | 7 | 5 | 6 | 3 | 2 | 2 | 2 | 4 | 5 | 5 | 6 | 3 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 1.02% | 1.00% | 0.99% | 0.98% | 0.99% | - | 0.45% | - | - |
Lion Electric Company's average Quarter revenue forecast for Jun 23 based on 6 analysts is $66.70M, with a low forecast of $54.84M, and a high forecast of $96.15M. LEV's average Quarter revenue forecast represents a 21.93% increase compared to the company's last Quarter revenue of $54.70M (Mar 23).
Lion Electric Company EBITDA Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 6 | 3 | 4 | 7 | 5 | 6 | 3 | 2 | 2 | 2 | 4 | 5 | 5 | 6 | 3 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | $-16.54M | $-31.56M | $-18.15M | $-19.11M | $-15.28M | - | $124.79M | - | - |
| Avg Forecast | $-38.17M | $-34.48M | $-29.50M | $-27.82M | $-24.44M | $-19.49M | $-34.20M | $-37.68M | $-48.45M | $-42.11M | $-36.13M | $-29.11M | $-25.33M | $-22.31M | $-16.40M | $-12.34M | $-7.17M | $-14.21M | $-8.51M | $-5.25M |
| High Forecast | $-31.38M | $-28.35M | $-24.25M | $-22.87M | $-20.09M | $-18.17M | $-28.12M | $-30.98M | $-46.12M | $-34.62M | $-29.70M | $-23.94M | $-20.83M | $-18.34M | $-16.40M | $-8.79M | $-5.10M | $-10.12M | $-6.06M | $-3.74M |
| Low Forecast | $-55.02M | $-49.71M | $-42.52M | $-40.10M | $-35.23M | $-22.71M | $-49.30M | $-54.32M | $-51.88M | $-60.70M | $-52.08M | $-41.97M | $-36.52M | $-32.16M | $-16.40M | $-14.89M | $-8.65M | $-17.15M | $-10.27M | $-6.33M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 0.57% | 1.25% | 0.81% | 1.17% | 1.24% | - | -8.78% | - | - |
5 analysts predict LEV's average Quarter EBITDA for Dec 21 to be $-7.17M, with a high of $-5.10M and a low of $-8.65M. This is -105.75% lower than Lion Electric Company's previous annual EBITDA (Sep 21) of $124.79M.
Lion Electric Company Net Income Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 6 | 3 | 4 | 7 | 5 | 6 | 3 | 2 | 2 | 2 | 4 | 5 | 5 | 6 | 3 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | $-8.63M | $11.13M | $-13.18M | $98.20M | $22.65M | - | $123.01M | - | - |
| Avg Forecast | $-12.44M | $-13.57M | $-17.53M | $-21.49M | $-22.95M | $-25.85M | $-26.14M | $-19.93M | $-20.38M | $-22.37M | $-22.92M | $-22.63M | $-28.12M | $-24.59M | $-15.83M | $-11.24M | $-13.49M | $250.95M | $-10.79M | $-35.23M |
| High Forecast | $-9.57M | $-10.43M | $-13.48M | $-16.52M | $-17.64M | $-17.90M | $-20.10M | $-15.32M | $-15.85M | $-17.20M | $-17.62M | $-17.40M | $-21.62M | $-18.91M | $-15.83M | $-7.03M | $-8.44M | $301.14M | $-6.75M | $-22.04M |
| Low Forecast | $-19.58M | $-21.36M | $-27.59M | $-33.82M | $-36.11M | $-29.83M | $-41.14M | $-31.37M | $-27.18M | $-35.21M | $-36.07M | $-35.62M | $-44.25M | $-38.71M | $-15.83M | $-14.26M | $-17.11M | $200.76M | $-13.69M | $-44.67M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 0.38% | -0.40% | 0.54% | -6.20% | -2.01% | - | 0.49% | - | - |
Lion Electric Company's average Quarter net income forecast for Mar 23 is $-22.63M, with a range of $-35.62M to $-17.40M. LEV's average Quarter net income forecast represents a -303.37% decrease compared to the company's last Quarter net income of $11.13M (Dec 22).
Lion Electric Company SG&A Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 6 | 3 | 4 | 7 | 5 | 6 | 3 | 2 | 2 | 2 | 4 | 5 | 5 | 6 | 3 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | $18.86M | $15.64M | $17.40M | $18.43M | $16.35M | - | $15.18M | - | - |
| Avg Forecast | $85.90M | $77.61M | $66.39M | $62.61M | $55.00M | $43.87M | $76.97M | $84.80M | $109.04M | $94.77M | $81.31M | $65.52M | $57.01M | $50.21M | $36.90M | $27.78M | $16.13M | $31.99M | $19.16M | $11.81M |
| High Forecast | $123.82M | $111.87M | $95.70M | $90.25M | $79.29M | $51.11M | $110.95M | $122.24M | $116.76M | $136.61M | $117.20M | $94.45M | $82.18M | $72.38M | $36.90M | $33.51M | $19.46M | $38.59M | $23.11M | $14.24M |
| Low Forecast | $70.62M | $63.81M | $54.58M | $51.47M | $45.22M | $40.89M | $63.28M | $69.72M | $103.80M | $77.91M | $66.85M | $53.87M | $46.87M | $41.28M | $36.90M | $19.78M | $11.49M | $22.78M | $13.64M | $8.41M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 0.29% | 0.27% | 0.35% | 0.50% | 0.59% | - | 0.47% | - | - |
Lion Electric Company's average Quarter SG&A projection for Jun 23 is $81.31M, based on 6 Wall Street analysts, with a range of $66.85M to $117.20M. The forecast indicates a 331.05% rise compared to LEV last annual SG&A of $18.86M (Mar 23).
Lion Electric Company EPS Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 6 | 3 | 4 | 7 | 5 | 6 | 3 | 2 | 2 | 2 | 4 | 5 | 5 | 6 | 3 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | $-0.04 | $0.05 | $-0.07 | $0.52 | $0.12 | - | $0.65 | - | - |
| Avg Forecast | $-0.06 | $-0.06 | $-0.08 | $-0.10 | $-0.10 | $-0.11 | $-0.12 | $-0.09 | $-0.09 | $-0.10 | $-0.10 | $-0.10 | $-0.12 | $-0.11 | $-0.07 | $-0.05 | $-0.06 | $0.04 | $-0.05 | $-0.16 |
| High Forecast | $-0.04 | $-0.05 | $-0.06 | $-0.07 | $-0.08 | $-0.08 | $-0.09 | $-0.07 | $-0.07 | $-0.08 | $-0.08 | $-0.08 | $-0.10 | $-0.08 | $-0.07 | $-0.03 | $-0.04 | $0.05 | $-0.03 | $-0.10 |
| Low Forecast | $-0.09 | $-0.09 | $-0.12 | $-0.15 | $-0.16 | $-0.13 | $-0.18 | $-0.14 | $-0.12 | $-0.16 | $-0.16 | $-0.16 | $-0.20 | $-0.17 | $-0.07 | $-0.06 | $-0.08 | $0.03 | $-0.06 | $-0.20 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 0.39% | -0.39% | 0.63% | -7.43% | -2.40% | - | 15.60% | - | - |
According to 3 Wall Street analysts, Lion Electric Company's projected average Quarter EPS for Mar 23 is $-0.10, with a low estimate of $-0.16 and a high estimate of $-0.08. This represents a -308.44% decrease compared to LEV previous annual EPS of $0.05 (Dec 22).
Lion Electric Company Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| IDEX | Ideanomics | $0.20 | $1.00 | 400.00% | Hold |
| LEV | Lion Electric Company | $0.75 | $1.80 | 140.00% | Hold |
| UGRO | urban-gro | $1.43 | $3.25 | 127.27% | Buy |
| HYFM | Hydrofarm Group | $0.70 | $1.50 | 114.29% | Hold |
| XOS | Xos | $4.76 | $9.13 | 91.81% | Hold |
| NKLA | Nikola | $5.40 | $9.57 | 77.22% | Buy |
| WNC | Wabash National | $19.33 | $23.25 | 20.28% | Hold |
| DE | Deere & Company | $394.68 | $424.70 | 7.61% | Buy |
| CAT | Caterpillar | $345.31 | $277.27 | -19.70% | Buy |
LEV Forecast FAQ
Is Lion Electric Company a good buy?
No, according to 3 Wall Street analysts, Lion Electric Company (LEV) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 0 'Buy' recommendations, accounting for 0% of LEV's total ratings.
What is LEV's price target?
Lion Electric Company (LEV) average price target is $1.8 with a range of $1 to $5, implying a 140.00% from its last price of $0.75. The data is based on 3 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Lion Electric Company stock go up soon?
According to Wall Street analysts' prediction for LEV stock, the company can go up by 140.00% (from the last price of $0.75 to the average price target of $1.8), up by 566.67% based on the highest stock price target, and up by 33.33% based on the lowest stock price target.
Can Lion Electric Company stock reach $1?
LEV's average twelve months analyst stock price target of $1.8 supports the claim that Lion Electric Company can reach $1 in the near future.
What are Lion Electric Company's analysts' financial forecasts?
Lion Electric Company's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $213.81M (high $298.26M, low $179.74M), average EBITDA is $-116M (high $-97.356M, low $-162M), average net income is $-94.871M (high $-70.958M, low $-138M), average SG&A $260.64M (high $363.58M, low $219.1M), and average EPS is $-0.419 (high $-0.314, low $-0.612). LEV's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $239.96M (high $345.9M, low $197.28M), average EBITDA is $-130M (high $-107M, low $-187M), average net income is $-65.038M (high $-50M, low $-102M), average SG&A $292.51M (high $421.65M, low $240.48M), and average EPS is $-0.287 (high $-0.221, low $-0.453).
Did the LEV's actual financial results beat the analysts' financial forecasts?
Based on Lion Electric Company's last annual report (Dec 2022), the company's revenue was $139.91M, which missed the average analysts forecast of $141.02M by -0.78%. Apple's EBITDA was $-69.272M, missing the average prediction of $-76.382M by -9.31%. The company's net income was $116.32M, missing the average estimation of $-79.785M by -245.79%. Apple's SG&A was $67.82M, missing the average forecast of $171.9M by -60.55%. Lastly, the company's EPS was $0.6, missing the average prediction of $-0.353 by -269.97%. In terms of the last quarterly report (Mar 2023), Lion Electric Company's revenue was $54.7M, beating the average analysts' forecast of $53.75M by 1.77%. The company's EBITDA was $-16.543M, missing the average prediction of $-29.113M by -43.18%. Lion Electric Company's net income was $-8.627M, missing the average estimation of $-22.633M by -61.88%. The company's SG&A was $18.86M, missing the average forecast of $65.52M by -71.21%. Lastly, the company's EPS was $-0.0391, missing the average prediction of $-0.1 by -60.92%