Barclays reiterated coverage on Arrival with a new price target
$ARVL
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Barclays reiterated coverage of Arrival with a rating of Overweight and set a new price target of $6.00 from $20.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 3/10/2022 | $20.00 → $6.00 | Overweight | Barclays |
| 10/6/2021 | $17.00 | Buy | Berenberg |
LUXEMBOURG, Jan. 30, 2023 (GLOBE NEWSWIRE) -- Arrival (NASDAQ:ARVL) today announces the appointment of Igor Torgov, former Arrival EVP of Digital, as CEO. The Board has unanimously voted in Igor to effect the planned restructuring of its business and to support Arrival's mission to master a radically more efficient New Method to design and produce electric vehicles. Igor Torgov's appointment will take effect from today, January 30, 2023. Igor joined Arrival in February 2020 and has led the development of multiple divisions at Arrival including Fintech, Commercialization, Business Systems, IT and Digital products over the last nearly three years. Prior to Arrival, Igor held numerous COO,
FN Media Group Presents Microsmallcap.com Market Commentary NEW YORK, Aug. 4, 2022 /PRNewswire/ -- Canadian car makers breathed a sigh of relief last week when US lawmakers decided to scrap part of a large incentive package for electric vehicles (EVs) that originally excluded EVs assembled in Canada from a proposed $7,500 US consumer tax credit for "clean vehicles." The credit, which includes battery-electric, plug-in hybrids and hydrogen fuel cell, is part of a $369 billion proposed new spending on climate-related initiatives included in the Inflation Reduction Act. US Senators Chuck Schumer and Joe Manchin, both Democrats, reached an agreement late Wednesday to include the credit and a ran
FN Media Group Presents Microsmallcap.com Market Commentary NEW YORK, Aug. 4, 2022 /PRNewswire/ -- Canadian car makers breathed a sigh of relief last week when US lawmakers decided to scrap part of a large incentive package for electric vehicles (EVs) that originally excluded EVs assembled in Canada from a proposed $7,500 US consumer tax credit for "clean vehicles." The credit, which includes battery-electric, plug-in hybrids and hydrogen fuel cell, is part of a $369 billion proposed new spending on climate-related initiatives included in the Inflation Reduction Act. US Senators Chuck Schumer and Joe Manchin, both Democrats, reached an agreement late Wednesday to include the credit and a ran
6-K - Arrival (0001835059) (Filer)
6-K - Arrival (0001835059) (Filer)
6-K - Arrival (0001835059) (Filer)
Barclays reiterated coverage of Arrival with a rating of Overweight and set a new price target of $6.00 from $20.00 previously
Berenberg initiated coverage of Arrival with a rating of Buy and set a new price target of $17.00
Barclays initiated coverage of Arrival with a rating of Overweight and set a new price target of $25.00
SC 13G/A - Arrival (0001835059) (Subject)
SC 13G/A - Arrival (0001835059) (Subject)
SC 13G - Arrival (0001835059) (Subject)
LUXEMBOURG, Aug. 14, 2023 (GLOBE NEWSWIRE) -- Arrival (NASDAQ:ARVL) ("Arrival" or the "Company"), inventor of a unique new method of design and production of electric vehicles, today announced that it intends to hold a business update for the second quarter of 2023 in early September 2023. The Company will announce the exact date and time of the update at which it will host a corresponding webinar in due course. The live webinar will be accessible on the Company's website at investors.arrival.com. About ArrivalArrival's mission is to master a radically more efficient New Method to design, produce, sell and service purpose-built electric vehicles, to support a world where cities are free
Kensington Capital Acquisition Corp V (NYSE:KCGI) and Arrival (NASDAQ:ARVL) have agreed to terminate the business combination agreement signed April 6, 2023Following the termination of the agreement, Arrival intends to pursue alternative fundraising opportunities.Arrival has engaged TD Cowen to assist in developing other strategic opportunities. LUXEMBOURG and WESTBURY, N.Y., July 03, 2023 (GLOBE NEWSWIRE) -- Arrival (NASDAQ:ARVL) ("Arrival" or the "Company"), inventor of a unique new method of design and production of electric vehicles ("EVs"), and Kensington Capital Acquisition Corp. V ("Kensington") (NYSE:KCGI), a special purpose acquisition company, today announced that both companies
LUXEMBOURG, June 06, 2023 (GLOBE NEWSWIRE) -- Arrival (NASDAQ:ARVL, the "Company"))), inventor of a unique new method of design and production of electric vehicles, today announced that it has agreed to amend the debt-to-equity transaction agreement with Antara Capital Master Fund LP ("Antara"), resulting in its exchange of $20 million principal amount of 3.50% convertible notes due 2026 ("Notes") for 3,024,194 ordinary shares ("Ordinary Shares"). In connection with the exchange, Antara has agreed that it will not sell or otherwise dispose of the Ordinary Shares that it receives in the exchange in an amount greater than 10% of the traded volume of the Company's Ordinary Shares on any given
LUXEMBOURG, Aug. 14, 2023 (GLOBE NEWSWIRE) -- Arrival (NASDAQ:ARVL) ("Arrival" or the "Company"), inventor of a unique new method of design and production of electric vehicles, today announced that it intends to hold a business update for the second quarter of 2023 in early September 2023. The Company will announce the exact date and time of the update at which it will host a corresponding webinar in due course. The live webinar will be accessible on the Company's website at investors.arrival.com. About ArrivalArrival's mission is to master a radically more efficient New Method to design, produce, sell and service purpose-built electric vehicles, to support a world where cities are free
LUXEMBOURG, May 03, 2023 (GLOBE NEWSWIRE) -- Arrival (NASDAQ:ARVL) ("Arrival" or the "Company"), inventor of a unique new method of design and production of electric vehicles, today announced that it will report financial results and business updates for the first quarter ended March 31, 2023 after the U.S. markets close on Monday, May 15, 2023. The Company will host a corresponding webinar at 4:30 p.m. Eastern Time on that day. The live webinar will be accessible on the Company's website at investors.arrival.com. A replay will be available approximately two hours after the conclusion of the live event. Date: Monday, May 15, 2023Time: 4:30 p.m. ETWebcast: Register and JoinAbout ArrivalAr
Arrival (NASDAQ:ARVL) has entered into a business combination agreement with Kensington Capital Acquisition Corp. V (NYSE:KCGI).Upon closing, the combined company's ordinary shares are expected to be listed on Nasdaq under the ticker symbol "ARVL."Arrival is developing an innovative Class 4 ("XL") Van that the Company believes offers a high-quality user experience and lower cost of ownership for commercial operators.Arrival's purpose-built XL Van targets the underserved last-mile delivery market in the U.S.Kensington has $283 million of cash held in trust (pre-redemptions) to contribute to the combined business. LUXEMBOURG and WESTBURY, N.Y., April 06, 2023 (GLOBE NEWSWIRE) -- Arrival (NA
For Immediate Release: February 18, 2022 Today, the U.S. Food and Drug Administration is alerting the public that several categories of FDA-regulated products purchased from Jan. 1, 2021, through the present from Family Dollar stores in Alabama, Arkansas, Louisiana, Mississippi, Missouri and Tennessee may be unsafe for consumers to use. The impacted products originated from the company’s distribution facility in
The week saw electric vehicle giant Tesla, Inc. (NASDAQ:TSLA) rebound modestly from its post-earnings weakness even as the market awaited earnings from startups. Monthly deliveries reported by Chinese EV makers as well as Tesla showed the effect a slowing domestic economy has had on these companies. Here are the key events that happened in the EV space during the week: Musk’s Compensation Plan Verdict And More: Delaware Chancery Court Judge Court Chief Judge Kathleen McCormick’s verdict invalidating Tesla CEO Elon Musk’s $55 billion 2018 compensation plan polarized social media users this week. Tesla analysts saw the verdict as an opportunity for the board to announce a new compensati
EV maker Arrival SA (NASDAQ:ARVL) said on Monday that it has been notified by Nasdaq about an upcoming suspension in the trading of its securities and subsequent delisting. What Happened: Nasdaq, in the letter received by the company on Jan. 26, said that the company’s securities would be suspended on Jan. 30. Last week, Sky News reported that Arrival is in discussions with EY to step in as administrator should the company fail to acquire necessary rescue funds. The UK-based company, once harboring grand plans to revolutionize the global electric vehicle production industry, is seemingly focusing on contingency planning. While it is unlikely that Arrival will raise sufficient fund
Shares of Panbela Therapeutics, Inc. (NASDAQ:PBLA) fell sharply during Monday’s session after the company announced pricing of a roughly $9 million public offering. Panbela Therapeutics shares dipped 65.5% to $1.47 on Monday. Here are some other stocks moving in today's mid-day session. Gainers Palisade Bio, Inc. (NASDAQ:PALI) shares jumped 133.8% to $1.2250 after the company requested the withdrawal of a recently filed registration statement. Also, the company announced preclinical data of its lead program PALI-2108 at the 2024 Crohn's & Colitis Congress. OneMedNet Corporation (NASDAQ:ONMD) surged 95% to $1.0401. OneMedNet announced participation as an exhibitor at the 15ᵗʰ Annual S