Proterra Inc. designs and manufactures zero-emission electric transit vehicles. The company offers energy services, including fleet planning, charging infrastructure, energy management, and charging infrastructure financing. It also provides battery technology; drivetrains and HV systems; powered vehicles, such as school buses, coach buses, shuttle buses, transit buses, and excavators; and electric transit buses. The company serves public and commercial transits, schools, airports, universities, and construction companies. Proterra Inc. was founded in 2004 and is based in Burlingame, California.
IPO Year: 2020
Exchange: NASDAQ
Website: proterra.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 8/8/2023 | Buy → Neutral | BTIG Research | |
| 10/17/2022 | $7.00 | Buy | BTIG Research |
| 9/29/2022 | $9.00 | Buy | Truist |
| 6/2/2022 | $10.00 | Buy | DA Davidson |
| 5/13/2022 | $12.25 → $5.00 | Buy → Underperform | BofA Securities |
| 3/10/2022 | $11.00 → $8.00 | Equal-Weight | Barclays |
| 10/22/2021 | $12.00 | Equal-Weight | Morgan Stanley |
| 9/24/2021 | $10.00 | Equal Weight | Barclays |
| 8/30/2021 | $15.00 | Buy | BofA Securities |
| 7/14/2021 | $16.00 | Neutral | Citigroup |
8-K - Proterra Inc (0001820630) (Filer)
8-K - Proterra Inc (0001820630) (Filer)
8-K - Proterra Inc (0001820630) (Filer)
8-K - Proterra Inc (0001820630) (Filer)
8-K - Proterra Inc (0001820630) (Filer)
8-K - Proterra Inc (0001820630) (Filer)
8-K - Proterra Inc (0001820630) (Filer)
8-K - Proterra Inc (0001820630) (Filer)
8-K - Proterra Inc (0001820630) (Filer)
8-K - Proterra Inc (0001820630) (Filer)
BTIG Research downgraded Proterra from Buy to Neutral
BTIG Research initiated coverage of Proterra with a rating of Buy and set a new price target of $7.00
Truist initiated coverage of Proterra with a rating of Buy and set a new price target of $9.00
DA Davidson initiated coverage of Proterra with a rating of Buy and set a new price target of $10.00
BofA Securities downgraded Proterra from Buy to Underperform and set a new price target of $5.00 from $12.25 previously
Barclays reiterated coverage of Proterra with a rating of Equal-Weight and set a new price target of $8.00 from $11.00 previously
Morgan Stanley initiated coverage of Proterra with a rating of Equal-Weight and set a new price target of $12.00
Barclays initiated coverage of Proterra with a rating of Equal Weight and set a new price target of $10.00
BofA Securities initiated coverage of Proterra with a rating of Buy and set a new price target of $15.00
Citigroup initiated coverage of Proterra with a rating of Neutral and set a new price target of $16.00
3 - Proterra Inc (0001820630) (Issuer)
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4 - Proterra Inc (0001820630) (Issuer)
4 - Proterra Inc (0001820630) (Issuer)
4 - Proterra Inc (0001820630) (Issuer)
3 - Proterra Inc (0001820630) (Issuer)
4 - Proterra Inc (0001820630) (Issuer)
4 - Proterra Inc (0001820630) (Issuer)
4 - Proterra Inc (0001820630) (Issuer)
3 - Proterra Inc (0001820630) (Issuer)
Files for Voluntary Chapter 11 Reorganization to Maximize Value of the Business & Product Line PotentialCompany Continues to Operate as a Leading Commercial Vehicle EV Technology Provider BURLINGAME, Calif., Aug. 07, 2023 (GLOBE NEWSWIRE) -- Proterra Inc (NASDAQ:PTRA) ("Proterra" or the "Company"), a leading innovator in commercial vehicle electrification technology, today announced that the Company is taking action to maximize the value of its business and enhance the potential of each of its product lines. To do so, Proterra has voluntarily filed for protection under Chapter 11 of the U.S. Bankruptcy Code in the District of Delaware in an effort to strengthen its financial position thr
BURLINGAME, Calif., Aug. 02, 2023 (GLOBE NEWSWIRE) -- Proterra Inc (NASDAQ:PTRA) today announced that a conference call will be held at 2:00pm Pacific Daylight Time on Wednesday, August 9, 2023 to review the Company's second quarter 2023 financial results. A live audio webcast of the conference call will be available on Proterra's Investor Relations website at ir.proterra.com. About ProterraProterra is a leader in the design and manufacture of zero-emission electric transit vehicles and EV technology solutions for commercial applications. With industry-leading durability and energy efficiency based on rigorous U.S. independent testing, Proterra products are proudly designed, engineered,
Investors can contact the law firm at no cost to learn more about recovering their losses LOS ANGELES, July 24, 2023 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Proterra, Inc. ("Proterra" or the "Company") (NASDAQ:PTRA) investors that a lawsuit filed on behalf of investors that purchased Proterra securities between August 2, 2022 through March 15, 2023, both dates inclusive (the "Class Period"). Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 844-767-8529 or email: [email protected], to discuss their legal rights, or click here to join the case via www.portnoylaw.com. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors
NEWARK, Calif., July 19, 2023 (GLOBE NEWSWIRE) -- ABC Companies, a leading provider of motorcoach, transit, and specialty passenger transport equipment and Proterra Inc (NASDAQ:PTRA), a leading innovator in commercial vehicle electrification technology, today announced the official opening of the largest electric motorcoach charging facility in North America. Located on a 3.5-acre campus in Newark, California, the facility is equipped to charge up to 40 electric motorcoaches with 20 dual-cable EV charging dispensers and can support up to 1.4 megawatts of EV charging power. The facility enables enhanced service, delivery, training and support for the growing number of Van Hool 100% electri
Investors can contact the law firm at no cost to learn more about recovering their losses LOS ANGELES, July 18, 2023 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Proterra, Inc. ("Proterra" or the "Company") (NASDAQ:PTRA) investors that a lawsuit filed on behalf of investors that purchased Proterra securities between August 2, 2022 through March 15, 2023, both dates inclusive (the "Class Period"). Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 844-767-8529 or email: [email protected], to discuss their legal rights, or click here to join the case via www.portnoylaw.com. The Portnoy Law Firm can provide a complimentary case evaluation and discus
BURLINGAME, Calif., June 08, 2023 (GLOBE NEWSWIRE) -- Proterra Inc (NASDAQ:PTRA), a leading innovator in commercial vehicle electrification technology, today announced the appointment of Jeffrey Embt as Chief Accounting Officer (CAO), effective June 8, 2023. As Proterra's CAO, Mr. Embt will report directly to Proterra Chief Financial Officer David Black and oversee the Company's corporate accounting as well as internal control functions and process improvement. Mr. Embt brings nearly 20 years of corporate accounting and financial management experience to Proterra. Prior to joining Proterra, Mr. Embt served as Head of Finance of BWXT Medical, a manufacturer of radiopharmaceuticals, radiot
BURLINGAME, Calif., May 11, 2023 (GLOBE NEWSWIRE) -- Proterra Inc (NASDAQ:PTRA), a leading innovator in commercial vehicle electrification technology, today announced that Jack Allen's term as Non-Executive Chairman and Member of Proterra's Board of Directors will expire at the company's annual stockholders' meeting and he will retire from the Board. Proterra's Board of Directors has reduced the size of the board from nine to eight directors effective upon the expiration of Mr. Allen's term, and appointed Roger M. Nielsen as the company's new Chairman of the Board, as of the annual meeting. Mr. Allen joined Proterra's Board of Directors in 2017 after more than 30 years at Navistar Intern
BURLINGAME, Calif., May 09, 2023 (GLOBE NEWSWIRE) -- Proterra Inc (NASDAQ:PTRA) today released its first quarter 2023 financial results by posting them to its Investor Relations website. Please visit the Proterra Investor Relations website at ir.proterra.com to view the first quarter 2023 financial results and letter to shareholders.A conference call will be held at 2:00pm Pacific Daylight Time on Tuesday, May 9, 2023 to review financial results. A live audio webcast of the conference call will be available on Proterra's Investor Relations website at ir.proterra.com. About ProterraProterra is a leader in the design and manufacture of zero-emission electric transit vehicles and EV technolo
BURLINGAME, Calif., May 01, 2023 (GLOBE NEWSWIRE) -- Proterra Inc (NASDAQ:PTRA) ("Proterra" or the "Company"), a leading innovator in commercial vehicle electrification technology, today announced the appointment of David Black, a public company finance executive with more than 30 years' experience in public corporate accounting and finance leadership, as the Company's new Chief Financial Officer, effective May 16, 2023. Karina Padilla, the Company's current CFO, will step down from her role effective May 15, 2023. Ms. Padilla will remain with the Company as a non-executive officer employee through June 2, 2023 and will work closely with Mr. Black to support a smooth transition of respons
BURLINGAME, Calif., April 28, 2023 (GLOBE NEWSWIRE) -- Proterra Inc (NASDAQ:PTRA) today announced that it will issue its first quarter 2023 financial results after the market closes on Tuesday, May 9, 2023. A conference call will be held at 2:00pm Pacific Daylight Time on Tuesday, May 9, 2023 to review financial results. A live audio webcast of the conference call will be available on Proterra's Investor Relations website at ir.proterra.com. About ProterraProterra is a leader in the design and manufacture of zero-emission electric transit vehicles and EV technology solutions for commercial applications. With industry-leading durability and energy efficiency based on rigorous U.S. indep