Subscribe for news and events in your area. Expert Who Recommended Tesla at $37 Reveals Bold New Stock PredictionThis obscure small cap 5G stock has partnered with AT&T, Verizon, T-Mobile and Sprint. Still, as production rates accelerate, analysts are forecasting smaller and smaller net losses for Arcimoto and a turn to profitability in 2023.Of course, looked at another way, that means Arcimoto is still as many as three years away from (maybe) earning any profit at all. Please log in to your account or sign up in order to add this asset to your watchlist. This quarter, that number increased more than 3,000% -- though still falling short of estimates -- through the "continued sale of FUV and Deliverator products to customers that began in late 2019. View which stocks are hot on social media with MarketBeat's trending stocks report.Identify stocks that meet your criteria using seven unique stock screeners. One year ago, Arcimoto recorded only $8,514 in quarterly revenue for Q2 2019. In our latest company update, Arcimoto Founder and. Newsletter Investors … News.
Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter. Connect. Stock Market Read the Latest. Get short term trading ideas from the MarketBeat Idea Engine. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services.Heading into Q2, analysts had forecast that Arcimoto would lose $0.11 per share on about $270,000 in quarterly sales. Eugene, OR – June 22, 2020 – Arcimoto, Inc.® (NASDAQ: FUV) and HyreCar (HYRE), the carsharing marketplace for ridesharing and delivery, today announced that the Deliverator, Arcimoto’s ultra-efficient, three-wheel electric vehicle designed for local and last-mile delivery, will be available to rent using the HyreCar platform beginning this summer in Los Angeles. That's a long way from 50,000 per year. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Born in the Pacific Northwest. View our full suite of financial calendars and market data tables, all for free.Receive a free world-class investing education from MarketBeat.
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Export data to Excel for your own analysis. And it's expected to SKYROCKET. Learn everything you need to know about successful options trading with this three-part video course.Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools:You have already added five stocks to your watchlist. "Going forward, production numbers should rise and take sales along with them, but it's going to be a long road to profits.At last report, Arcimoto was producing about two vehicles per day and had built only a few more than 100 vehicles total. (TMFDitty) The Arcimoto Newsletter. And while management says in its report that "2020 continues to be a challenge to each of us in almost every way," sales are growing (albeit off a small base). Designed and assembled at the Arcimoto Manufacturing Plant in Eugene, Oregon. About Us
Let's conquer your financial goals together...faster. It counts the U.S. Army and Department of Homeland Security as customers. Vehicles. See you at the top! The Ascent is The Motley Fool's new personal finance brand devoted to helping you live a richer life. Arcimoto (NASDAQ FUV) News Headlines Today. Full Year 2019 Earnings Webcast and Company Update Video Today we filed our 2019 10-K Earnings Report … Join Our Team.
Returns as of 09/01/2020.
Arcimoto's three-wheeled Fun Utility Vehicle. As we described in our earnings press release,… Eric Fritz August 19, 2020. Our Mission FAQ Careers. Follow on Instagram . Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools:View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks.