Romeo Power, Inc., an energy storage technology company, designs and manufactures lithium-ion battery modules and packs for commercial electric vehicles in North America. The company operates through two segments, Romeo Power North America and Joint Venture Support. The Romeo Power North America segment designs and manufactures battery modules, battery packs, and battery management system technologies in North America. The Joint Venture Support segment provides design, research and development, and other engineering related services. It serves commercial and high-performance electric vehicle manufacturers, fleet operators, and automobile and recreational vehicle manufacturers. The company was founded in 2014 and is headquartered in Vernon, California.
IPO Year: 2019
Exchange: NYSE
Website: romeopower.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 3/2/2022 | Buy → Neutral | BTIG | |
| 10/27/2021 | $4.00 | Outperform → Market Perform | Cowen |
| 8/20/2021 | $7.00 → $4.00 | Underweight | Morgan Stanley |
BTIG downgraded Romeo Power from Buy to Neutral
Cowen downgraded Romeo Power from Outperform to Market Perform and set a new price target of $4.00
Morgan Stanley reiterated coverage of Romeo Power with a rating of Underweight and set a new price target of $4.00 from $7.00 previously
Morgan Stanley reiterated coverage of Romeo Power with a rating of Underweight and set a new price target of $7.00 from $12.00 previously
Morgan Stanley reiterated coverage of Romeo Power with a rating of Underweight and set a new price target of $7.00 from $12.00 previously
Williams Financial downgraded Romeo Power from Buy to Hold and set a new price target of $6.70
Cowen initiated coverage of Romeo Power with a rating of Outperform and set a new price target of $18.00
Cowen initiated coverage of Romeo Power with a rating of Outperform and set a new price target of $18.00
Cowen initiated coverage of Romeo Power with a rating of Outperform
Morgan Stanley initiated coverage of Romeo Power with a rating of Underweight and set a new price target of $12.00
HIGHLIGHTS 5E Advanced Materials appoints, an experienced global executive, Ms. Susan Seilheimer Brennan as Chief Executive Officer (CEO) Prior to her appointment at 5E Advanced Materials, Ms. Brennan was President and CEO of NYSE-listed Romeo Power (NYSE:RMO), a leader in advanced electrification solutions for commercial vehiclesThis appointment is an integral part of the 5E Advanced Materials business strategy to become a globally significant producer of boron and lithium HOUSTON, March 21, 2023 (GLOBE NEWSWIRE) -- 5E Advanced Materials, Inc. (NASDAQ:FEAM) (ASX: 5EA) ("5E" or the "Company"), a boron and lithium company with U.S. government Critical Infrastructure designation for its 5E
Iteris, Inc. (NASDAQ:ITI), the world's trusted technology ecosystem for smart mobility infrastructure management, today announced that Kerry A. Shiba will join the company as senior vice president & CFO effective February 3, 2023. Shiba will report to Joe Bergera, Iteris president and CEO, and will oversee the company's finance, information systems, legal, supply chain, and manufacturing functions. "As Iteris continues to demonstrate increasing market adoption of its industry-leading smart mobility infrastructure products and services, Kerry brings valuable know-how to accelerate the execution of our growth strategy," said Mr. Bergera. "During his impressive career, Kerry has created signi
- Yun Han named Chief Accounting Officer and Interim Chief Financial Officer - - Initial Funding Expected This Week Under $60 Million Financing Agreement - Faraday Future Intelligent Electric Inc. ("Faraday Future" or the "Company") (NASDAQ:FFIE), a California-based global shared intelligent electric mobility ecosystem company, today announced the appointment of Yun Han as Chief Accounting Officer and Interim Chief Financial Officer, effective October 25, 2022. Ms. Han replaces Becky Roof, who served as interim Chief Financial Officer until October 12, 2022, and is assisting the Company to ensure an orderly transition. This press release features multimedia. View the full release here: htt
PHOENIX, Oct. 13, 2022 /PRNewswire/ -- Nikola Corporation (NASDAQ:NKLA) ("Nikola"), a provider of zero-emissions transportation and energy infrastructure solutions, today announced the successful completion of its exchange offer (the "Offer") to purchase all outstanding shares of common stock of Romeo Power, Inc. (NYSE:RMO). The Offer expired at midnight, Eastern Time, at the end of October 12, 2022, and was not extended. As of the expiration of the Offer, a total of approximately 93.16 million shares of Romeo common stock had been validly tendered and received, and not validl
Deadline for Romeo stockholders to tender shares is less than 48 hours away: Midnight, Eastern Time, at the end of the day Wednesday, October 12, 2022, unless extendedRomeo stockholders who own shares of Romeo common stock through a broker or nominee should contact such broker or nominee to tender as soon as possible to allow sufficient time to meet broker processing deadlinesRomeo stockholders should contact Alliance Advisors for assistance by calling toll-free at (855) 643-7453 or by emailing [email protected] less than a majority of the outstanding shares of Romeo's common stock are tendered, the Offer cannot be completed by Nikola and no shares will be exchangedPHOENIX, Oct. 11
Romeo stockholders should contact Alliance Advisors for assistance by calling toll-free at (855) 643-7453 or by emailing [email protected] Romeo stockholders who own shares of Romeo common stock through a broker or nominee should contact such broker or nominee to tender Deadline for Romeo stockholders to tender shares is midnight, Eastern Time, at the end of the day Wednesday, October 12, 2022, unless extended. Due to processing requirements at many brokers, you are urged to act now to tender your shares If less than a majority of the outstanding shares of Romeo's common stock are tendered, the Offer cannot be completed by Nikola and no shares will be exchanged Romeo Power,
Romeo stockholders should contact Alliance Advisors for assistance by calling toll-free at (855) 643-7453 or by emailing [email protected] stockholders who own shares of Romeo common stock through a broker or nominee should contact such broker or nominee to tenderDeadline for Romeo stockholders to tender shares is midnight, Eastern Time, at the end of the day Wednesday, October 12, 2022, unless extendedIf less than a majority of the outstanding shares of Romeo's common stock are tendered, the Offer cannot be completed by Nikola and no shares will be exchangedPHOENIX, Oct. 3, 2022 /PRNewswire/ -- Nikola Corporation (NASDAQ:NKLA) ("Nikola"), a provider of zero-emissions transport
Romeo stockholders should contact Alliance Advisors for assistance by calling toll-free at (855) 643-7453 or by emailing [email protected] Stockholders who hold Romeo stock through a broker or nominee should contact such broker or nominee to tender Romeo stockholders must tender their shares by midnight, Eastern Time, at the end of the day Wednesday, October 12, 2022 If less than a majority of the outstanding shares of Romeo's common stock are tendered, the Offer cannot be completed by Nikola and no shares will be exchanged Romeo Power, Inc. ("Romeo") (NYSE:RMO), an energy storage technology company focused on designing and manufacturing lithium ion battery products and pac
Deadline for Stockholders to Tender Shares Extended to Midnight, Eastern Time, at the end of October 12, 2022 PHOENIX, Sept. 27, 2022 /PRNewswire/ -- Nikola Corporation (NASDAQ:NKLA) ("Nikola"), a provider of zero-emissions transportation and energy infrastructure solutions, today announced that Nikola has extended its exchange offer (the "Offer") to purchase all outstanding shares of common stock of Romeo Power, Inc. (NYSE:RMO) ("Romeo") until midnight, Eastern Time, at the end of October 12, 2022. Nikola and Romeo jointly announced that the companies entered into a definitiv
Romeo stockholders should contact Alliance Advisors for assistance by calling toll-free at (855) 643-7453 or by emailing [email protected] stockholders must tender their shares by midnight, Eastern Time, at the end of the day Monday, September 26, 2022, unless the deadline is extendedIf less than a majority of the outstanding shares of Romeo's common stock are tendered, the Offer cannot be completed by NikolaThe Offer represents an approximately 34% premium based on Nikola's and Romeo's closing share price on July 29, 2022PHOENIX, Sept. 23, 2022 /PRNewswire/ -- Nikola Corporation (NASDAQ:NKLA), a provider of zero-emissions transportation and energy infrastructure solutions, toda
15-12G - Romeo Power, Inc. (0001757932) (Filer)
EFFECT - Romeo Power, Inc. (0001757932) (Filer)
S-8 POS - Romeo Power, Inc. (0001757932) (Filer)
POS AM - Romeo Power, Inc. (0001757932) (Filer)
8-K - Romeo Power, Inc. (0001757932) (Filer)
25-NSE - Romeo Power, Inc. (0001757932) (Subject)
SC TO-T/A - Romeo Power, Inc. (0001757932) (Subject)
SC 14D9/A - Romeo Power, Inc. (0001757932) (Subject)
425 - Romeo Power, Inc. (0001757932) (Subject)
425 - Romeo Power, Inc. (0001757932) (Subject)
4 - Romeo Power, Inc. (0001757932) (Issuer)
4 - Romeo Power, Inc. (0001757932) (Issuer)
4 - Romeo Power, Inc. (0001757932) (Issuer)
4 - Romeo Power, Inc. (0001757932) (Issuer)
4 - Romeo Power, Inc. (0001757932) (Issuer)
4 - Romeo Power, Inc. (0001757932) (Issuer)
4 - Romeo Power, Inc. (0001757932) (Issuer)
4 - Romeo Power, Inc. (0001757932) (Issuer)
4 - Romeo Power, Inc. (0001757932) (Issuer)
4 - Romeo Power, Inc. (0001757932) (Issuer)
HIGHLIGHTS 5E Advanced Materials appoints, an experienced global executive, Ms. Susan Seilheimer Brennan as Chief Executive Officer (CEO) Prior to her appointment at 5E Advanced Materials, Ms. Brennan was President and CEO of NYSE-listed Romeo Power (NYSE:RMO), a leader in advanced electrification solutions for commercial vehiclesThis appointment is an integral part of the 5E Advanced Materials business strategy to become a globally significant producer of boron and lithium HOUSTON, March 21, 2023 (GLOBE NEWSWIRE) -- 5E Advanced Materials, Inc. (NASDAQ:FEAM) (ASX: 5EA) ("5E" or the "Company"), a boron and lithium company with U.S. government Critical Infrastructure designation for its 5E
- Yun Han named Chief Accounting Officer and Interim Chief Financial Officer - - Initial Funding Expected This Week Under $60 Million Financing Agreement - Faraday Future Intelligent Electric Inc. ("Faraday Future" or the "Company") (NASDAQ:FFIE), a California-based global shared intelligent electric mobility ecosystem company, today announced the appointment of Yun Han as Chief Accounting Officer and Interim Chief Financial Officer, effective October 25, 2022. Ms. Han replaces Becky Roof, who served as interim Chief Financial Officer until October 12, 2022, and is assisting the Company to ensure an orderly transition. This press release features multimedia. View the full release here: htt
Romeo Power, Inc. ("Romeo Power" or the "Company") (NYSE:RMO), an energy technology leader delivering advanced electrification solutions for complex commercial vehicle applications, today announced the appointment of Leon Kaunitz as senior vice president of product engineering. Kaunitz will play a critical leadership role in the Company's efforts to deliver advanced electrification products with full integration on commercial vehicles and other complex applications. His primary areas of responsibility will include management of mechanical design, thermal and stress validation, engineering processes across all product development efforts including research and development of thermal systems
Appointment of Chief Operating Officer and Chief People Officer solidifies Romeo's new leadership team Romeo Power, Inc. ("Romeo Power" or the "Company") (NYSE:RMO), an energy technology leader delivering advanced electrification solutions for complex commercial vehicle applications, today announced that it has named Anne Devine as Chief Operating Officer and Rose Rogers as Chief People Officer. In their new executive roles Mses. Devine and Rogers will report directly to Chief Executive Officer Susan Brennan. As Chief Operating Officer ("COO"), Ms. Devine will be responsible for managing Romeo's operating and production capabilities, driving operational excellence across the company, impr
Longtime Manufacturing and Technology Executive in the Automotive and Energy Solutions Industries to Lead Next Chapter of Romeo's Growth Romeo Power (NYSE:RMO) ("Romeo Power" or the "Company") today announced that its Board of Directors (the "Board") appointed Susan Brennan as President and Chief Executive Officer, effective as of August 16, 2021. Ms. Brennan brings to the role more than 30 years of experience as a global leader in the automotive and energy industries. She most recently held the role of Chief Operations Officer at Bloom Energy Corporation ("Bloom Energy"), a pioneering energy solutions business focused on decarbonization through innovation and environmental stewardship.
Romeo Power, Inc. ("Romeo Power") (NYSE:RMO), an energy technology leader delivering advanced electrification solutions for complex commercial vehicle applications, today announced the appointment of Matthew Sant to the role of General Counsel. Mr. Sant is a seasoned in-house legal executive and lawyer who brings to Romeo Power extensive experience at the intersections of technology, business and legal issues. Prior to joining Romeo Power, Mr. Sant served as Vice President and Deputy General Counsel at Skyworks Solutions, Inc. (NASDAQ:SWKS), a manufacturer of analog semiconductors for wireless communications. At Skyworks, Matt was responsible for a broad portfolio of legal matters, includi
Romeo Power, Inc. ("Romeo Power") (NYSE:RMO), an energy technology leader delivering advanced electrification solutions for complex commercial vehicle applications, today announced the appointment of seasoned executive leader Kerry A. Shiba to the role of Chief Financial Officer, effective July 6, 2021. Mr. Shiba brings more than 30 years of financial expertise to the Romeo Power team including extensive public company management experience. In connection with this appointment, current CFO Lauren Webb will transition to a new role as Chief Strategy and Commercial Officer where she will develop, implement, and manage Romeo Power's corporate strategy and business development efforts. "We are
SC 13G - Romeo Power, Inc. (0001757932) (Subject)
SC 13G/A - Romeo Power, Inc. (0001757932) (Subject)
SC 13D/A - Romeo Power, Inc. (0001757932) (Subject)
SC 13D/A - Romeo Power, Inc. (0001757932) (Subject)
SC 13D/A - Romeo Power, Inc. (0001757932) (Subject)
SC 13D/A - Romeo Power, Inc. (0001757932) (Subject)
SC 13D/A - Romeo Power, Inc. (0001757932) (Subject)
SC 13D/A - Romeo Power, Inc. (0001757932) (Subject)
SC 13D/A - Romeo Power, Inc. (0001757932) (Subject)
SC 13G - Romeo Power, Inc. (0001757932) (Subject)
Acquisition will secure control of critical battery pack engineering and production processTransaction expected to yield annual cost savings of up to $350 million by 2026Romeo's Cypress, California facility will become Nikola's Battery Center of ExcellenceNikola to host analyst and investor webcast on August 1 at 11:00 a.m. Eastern Time (8:00 a.m. Pacific Time)PHOENIX, Aug. 1, 2022 /PRNewswire/ -- Nikola Corporation (NASDAQ:NKLA), and Romeo Power, Inc. (NYSE:RMO), today announced they have entered into a definitive agreement in which Nikola, a global leader in zero-emissions transportation and energy infrastructure solutions, will acquire Romeo, an energy technology leader delivering advance
Accelerates revenue growth and commercialization as average daily production rates increase Reiterates full-year 2022 revenue guidance supported by growing diversity of customer relationships across previously untapped markets Romeo Power, Inc. ("Romeo Power" or the "Company") (NYSE:RMO), an energy technology leader delivering advanced electrification solutions for complex commercial vehicle applications, today announced its financial results for the fiscal first quarter ended March 31, 2022. Quarterly Financial Highlights Delivered total revenues of $11.6 million, in-line with the Company's annual expectations Supported by product revenues of $11.4 million, an increase of $10.8 mill
Romeo Power, Inc. ("Romeo Power" or the "Company") (NYSE:RMO), an energy technology leader delivering advanced electrification solutions for complex commercial vehicle applications, today announced that it plans to report results for its fiscal first quarter ended March 31, 2022 on May 9, 2022. A conference call to discuss the financial and operational results is scheduled for May 9, 2022 at 2:00 PM U.S. Pacific Time (5:00 p.m. U.S. Eastern Time). Investors, analysts, and members of the media interested in listening to the live presentation are encouraged to join a webcast of the call, available on the Company's website at www.investors.romeopower.com. Interested parties may also participa
New leadership team prepares to accelerate revenue growth in 2022 by leveraging industry leading technology, new state-of-the-art manufacturing facility, and the growing proliferation of electrification across the commercial vehicle spectrum Romeo Power, Inc. ("Romeo Power" or the "Company") (NYSE:RMO), an energy technology leader delivering advanced electrification solutions for complex commercial vehicle applications, today announced its financial results for the fourth quarter and full year ended December 31, 2021. Full Year 2021 Highlights Delivered total revenues of $16.8 million, in-line with prior outlook Supported by product revenues of $12.4 million, an increase of 326% over
Romeo Power, Inc. ("Romeo Power" or the "Company") (NYSE:RMO), an energy technology leader delivering advanced electrification solutions for complex commercial vehicle applications, today announced that it plans to report results for its fiscal fourth quarter and full-year ended December 31, 2021 on March 1, 2022. A conference call to discuss the financial and operational results is scheduled for March 1, 2022 at 2:00 PM U.S. Pacific Time (5:00 p.m. U.S. Eastern Time). Investors, analysts, and members of the media interested in listening to the live presentation are encouraged to join a webcast of the call, available on the Company's website at www.investors.romeopower.com. Interested part
Romeo Power, Inc. ("Romeo Power" or the "Company") (NYSE:RMO), an energy technology leader delivering advanced electrification solutions for complex commercial vehicle applications, today announced its financial results for the third quarter ending September 30, 2021. Recent Business Highlights Achieved year end commitment to have approximately 1 gigawatt hour of installed capacity at Romeo Power's Vernon facility. Secured a new facility in Cypress, CA enabling expansion of production and test lab capacity, positioning the Company to meet expected increase in market demand and continued technology development. Announced a collaboration to integrate Dynexus Technology's state-of-the-a
Romeo Power, Inc. ("Romeo Power" or the "Company") (NYSE:RMO), an energy technology leader delivering advanced electrification solutions for complex commercial vehicle applications, today announced that it will release its third quarter 2021 financial results after market close on Monday, November 15th. This release will be followed by a conference call at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time). The call can be accessed via a live webcast accessible on the Events Calendar page of Romeo Power's Investor Relations website at https://investors.romeopower.com/. An archive of the webcast will be available shortly after the call for twelve months following the call. About Romeo Power
Romeo Power, Inc. ("Romeo Power" or the "Company") (NYSE:RMO), an energy technology leader delivering advanced electrification solutions for complex commercial vehicle applications, today announced its financial results for the second quarter ending June 30, 2021. Recent Business Highlights Entered into a long-term supply agreement for lithium-ion battery cells with a Tier 1 battery cell and materials manufacturer. Progressed negotiations to validate supply and secure long-term cell supply commitments with additional potential partners, including for future US sourcing. Surpassed 750,000 miles of Romeo Power modules and battery packs being tested on the road. Advanced evaluation of
Romeo Power, Inc. ("Romeo Power" or the "Company") (NYSE:RMO), an energy technology leader delivering advanced electrification solutions for complex commercial vehicle applications, today announced that it will release its second quarter 2021 financial results after market close on Monday, August 16th. This release will be followed by a conference call at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time). The call can be accessed via a live webcast accessible on the Events Calendar page of Romeo Power's Investor Relations website at https://investors.romeopower.com/. An archive of the webcast will be available shortly after the call for twelve months following the call. About Romeo Power F
Romeo Power, Inc. ("Romeo Power" or the "Company") (NYSE:RMO), an energy technology leader delivering advanced electrification solutions for complex commercial vehicle applications, today announced its financial results for the first quarter ended March 31, 2021. First Quarter Financial Update Generated revenues of $1.1 million for the first quarter of 2021 Cash, cash equivalents and investments decreased by $4.9 million from December 31, 2020 Cash, cash equivalents and investments as of March 31, 2021 of $287.5 million Recent Business Highlights Winning the trust of key OEMs: Romeo Power has secured a long-term supply agreement whereby PACCAR will purchase the company's battery