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Most Anticipated Earnings: BLDP-T, BOS-T and more Canadian Companies Reporting Earnings this Week (May 06-10)Most Anticipated Earnings: SLF-T, REAL-T and more Canadian Companies Reporting Earnings this Week (Nov 13-17)Stocks edge upThis summary was created by AI, based on 1 opinions in the last 12 months.
The experts have a consensus that The Lion Electric Co (LEV-N) is not a favorable stock to buy. The stock has been consistently moving down for two years, despite impressive revenue growth. However, it is not close to being profitable, which raises concerns about its long-term sustainability. Overall, the opinions suggest that the stock may not be a good investment at the current state.
Leaders in their field and have a huge backlog, but they're losing a lot of money, since it's a capital-intensive business. They recently raised some money, with Power Corp investing half that. If they keep growing at this rate, they will continue to need capital. If you believe in EV's, you have to be in for the long term. Not a bad time to buy it now, but risky.
Lion Electric is his favourite in the e-vehicle space. Lion makes e-heavy trucks and e-school buses. They just signed a deal to supply Amazon. Lion will merge with Northern Genesis which should close in a few months. The new company will take Lion's name.
https://finance.yahoo.com/news/northern-genesis-spac-rallies-lion-162015419.html Spiked 19% today after news of a deal to supply Amazon. He likes it.
The Lion Electric Co is a American stock, trading under the symbol LEV-N on the New York Stock Exchange (LEV). It is usually referred to as NYSE:LEV or LEV-N
In the last year, 1 stock analyst published opinions about LEV-N. 0 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for The Lion Electric Co.
The Lion Electric Co was recommended as a Top Pick by on . Read the latest stock experts ratings for The Lion Electric Co.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
1 stock analyst on Stockchase covered The Lion Electric Co In the last year. It is a trending stock that is worth watching.
On 2024-10-11, The Lion Electric Co (LEV-N) stock closed at a price of $0.66.
He sees it as a short. The stock has moved down for two years. The revenue growth has been impressive but not even close to profitable.