RIDE
Lordstown Motors Corp
Price:  
2.20 
USD
Volume:  
1,380,640.00
United States | Automobiles
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RIDE Fair Value

-4,127.75 %
Upside

As of 2024-12-11, the Fair Value of Lordstown Motors Corp (RIDE) is -88.61 USD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 2.20 USD, the upside of Lordstown Motors Corp is -4,127.75%.

Note: valuation result may not be accurate due to the company's negative EPS.

2.20 USD
Stock Price
-88.61 USD
Fair Price
FAIR VALUE CALCULATION

RIDE Fair Value

Peter Lynch's formula is:

RIDE Fair Value
= Earnings Growth Rate x TTM EPS
RIDE Fair Value
= 5.00 x -17.72
RIDE Fair Value
= -88.61

The earnings growth rate we use in the formula is the average growth rate of net income/earnings over the last 5 years. If the average growth rate is smaller than 5%, we set it to 5%. If it is larger than 25%, we set it to 25%. If the TTM EPS is negative, Peter Lynch Fair Value's result can be unreliable.

Historical Earnings
2020-12-31 2021-12-31 2022-12-31 - - 5Y Avg
Net income -410.37 -282.40 - - -346.39
YoY growth -230.81% 31.18% - - -99.81%

RIDE Fair Value - Key Data

Market Cap (mil) 35.06
P/E
Forward P/E
EPS -17.72
Avg earnings growth rate -99.81%
TTM earnings -282.40