Here's What Analysts Think of RIDE.

Lordstown Motors stock is trading -88.62% below its average target price of $3.13 after dropping -31.9% during today's afternoon session. Analysts are giving the small-cap Heavy Machinery company an average rating of underperform and target prices ranging from $0.5 to $10.0 per share.

The stock has an unusually large proportion of its shares sold short at 19.0%, and a short ratio of 7.64. Insiders such as directors and executives own 13.46% of the company's shares, from which we can deduce there is a significant degree of alignment between management and shareholder interests. Finally, we also note that only a small number of institutional investors are invested in the stock, with 24.2% of Lordstown Motors's shares being owned by this investor type.

Institutions Invested in Lordstown Motors

Date Reported Holder Percentage Shares Value
2022-12-31 Blackrock Inc. 5% 12,382,405 $4,409,374
2022-12-31 Invesco Ltd. 4% 10,558,420 $3,759,853
2022-12-31 Vanguard Group, Inc. (The) 4% 8,378,944 $2,983,741
2022-12-31 State Street Corporation 2% 4,930,175 $1,755,635
2022-12-31 Geode Capital Management, LLC 1% 3,495,610 $1,244,786
2022-12-31 Shaw D.E. & Co., Inc. 1% 1,721,930 $613,179
2022-12-31 Northern Trust Corporation 1% 1,528,915 $544,446
2022-12-31 Charles Schwab Investment Management, Inc. 1% 1,327,868 $472,853
2022-12-31 Susquehanna International Group, LLP 0% 960,153 $341,910
2022-12-31 Stifel Financial Corporation 0% 900,069 $320,514


The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.