Vroom Stock Forecast is $1.85
VROOM Stock Forecast for the next 12 months is $1.85
Also Read: NIO Stock Forecast 2022
Vroom Stock: Is Vroom OverValued?
Vroom Stock has seen a rise of 36.4% yesterday and 38.8% in the last five days. Its current price is $1.6 which is quite higher than its price on 17th June of $1.1. During the trading of 23rd June, the price had reached a peak of $1.7. The company is still at the bottom 39% of its industry and appears to have been overvalued. In sector rank, it is the last out of all 16 companies. During the quarterly report, Vroom reported losses, even so, the company reported results that exceeded expectations.
Hence, the valuation that the stock market has decided for the stock is more than the value of the company, the EPS is expected to be negative again. The stock is overvalued.
Vroom Stock Price Prediction for the next 12 months
|Average VRM Stock Forecast for the next 12 Months||$1.85|
Vroom Stock Forecast: Q3 Results
- The revenue of the company decreased from $475.44 (Q2) to $340.80 (Q3). This happened with a YoY of
-62% (Q3) as compared to -37.60% YoY (Q2).
- EPS for Q3 stands at -0.37 as compared to -0.83 (Q2), with a YoY growth rate of 48.48% (Q3) as
compared to -72.89% (Q2).
- Cashflow from operating activities is $114.42M (Q3,2022) as compared to -$173.61M (Q3,2021),
which is an increase of 165.91% YoY.
- Segment-wise revenue details:
eCommerce $225,441, Wholesale $47,604, Retail Financing $40,654, All Other $27,098
Vroom Stock Forecast Today
|1. Market's Wisdom||Neutral|
|1a. Market Data||Partially Positive|
|1b. Technical Recommendation||Sell|
|2. Crowd's Wisdom||Partially Negative|
|2a. Social Media Buzz||Neutral|
|2b. Social Media Sentiment||Neutral|
Note: Crowdwisdom360 collates Predictions and data from all over the net and has no in-house view on the likely trends in the Stocks or Crypto Coins. Please consult a registered investment advisor to guide you on your financial decisions.