romeo power stock forecast 2021

Tuesday, October 11, 2022 Edit

Revenue missed analyst estimates by 48. Daoud expects Romeo Power to scale its manufacturing over the next few years hitting gross margin of 30 to 35 in time as lower battery prices are offset by its increased.

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Previously Romeo Power expected to report revenue of 140 million in 2021.

. Its short-term issues stem from supply chain issues which. For Romeo Power stock forecast for 2032 10 year 6. The annual revenue forecast for 2021 shows an estimate of.

RMO stock quote history news and other vital information to help you with your stock trading and investing. In 2021 Romeo expects to generate revenue in the range of 18 million40 million. The company missed its own 2020 sales forecast by 2 million or 18 percent.

Now Romeo expects its sales for 2021 to be between 18 million and 40 million. Third Quarter Financial Update. That means the potential for revenues to skyrocket from 140 million in 2021 to 165 billion in 2025.

In 2021 Romeo expects to generate. Generated revenues of 58 million a 753 increase over the prior year as the Company launched product shipments to the Companys largest. Earnings per share EPS.

Romeo Power has a market capitalization of 7436M and its past years income statements indicate that its last revenue has increased compared to the previous period by. Guide your eyes to the second column 2021E and youll see Romeo Power expected to make 140m in revenue this year up from just 11m in 2020. Full year 2020 results show that Romeo Power generated revenues of 9 million and that it now expects its revenue for 2021 to be in the range of 18-40 million.

The average Romeo Power stock forecast 2030 represents a 2729 increase from the last price of 0740000009536743. The lowest target is 182 and. Romeo Power has already contracted 544 million in future revenues with up to 22 billion under advanced negotiation.

Find the latest Romeo Power Inc. The 1 analysts offering 12-month price forecasts for Romeo Power Inc have a median target of 180 with a high estimate of 180 and a low estimate of 180. The annual revenue forecast for 2021 shows an estimate of 1393 Million which equates to a sales growth of 14523.

Real-time trade and investing ideas on Romeo Power Inc - Ordinary Shares - Class A RMO from the largest community of traders and investors. This forecasted figure for 2021 is expected to. This is projected to jump to 1617 Million in the next quarter June 21.

RMO Romeo Powers forecast annual revenue growth rate of 3999 is forecast to beat the US Auto Parts industrys average forecast revenue growth rate of 734 and and it is also. And this is before taking into account its 40 stake in a joint venture with a. US404m loss widened 52 from 2Q 2021.

According to 8 stock analysts the average 12-month stock price forecast for Romeo Power stock is 184 which predicts an increase of 35885. US573m up US480m from 2Q 2021.

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