Citigroup initiated coverage on Gogoro with a new price target
$GGR
Auto Manufacturing
Consumer Discretionary
Citigroup initiated coverage of Gogoro with a rating of Buy and set a new price target of $8.60
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 8/19/2024 | Buy → Hold | The Benchmark Company | |
| 12/13/2023 | Underweight → Neutral | JP Morgan | |
| 9/20/2022 | $4.30 | Underweight | JP Morgan |
| 6/9/2022 | $8.60 | Buy | Citigroup |
Gogoro Inc. (NASDAQ:GGR), a global technology leader in battery-swapping ecosystems that enable sustainable mobility solutions for cities, today announced it has been certified to launch its battery swapping and Smartscooters in Singapore and plans to launch with its exclusive distribution partner, Cycle & Carriage (C&C) in Q4 2024. Cycle & Carriage (C&C) also announced a partnership with Shell Recharge to launch battery swapping GoStations at Shell service stations in the Singapore market. "After working closely with Singapore's Land Transport Authority (LTA) to secure a permit to launch our battery swapping platform in Singapore, I am pleased to announce that Gogoro is now certified to
Castrol, a global leader in lubricants and part of the bp group, today announced an investment of up to US$50 million in Gogoro Inc. (NASDAQ:GGR), a global technology leader in battery-swapping ecosystems that enable smart mobility solutions for cities. In the first tranche of the investment, Castrol Holdings, an affiliate of Castrol, will invest US$25 million in ordinary shares of Gogoro. This investment is expected to be followed by a second US$25 million investment in the form of a convertible note, which is subject to the consummation of certain transactions by the parties in connection with their business collaboration. The first tranche investment will result in Castrol acquiring app
SC 13G - Gogoro Inc. (0001886190) (Subject)
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SC 13D/A - Gogoro Inc. (0001886190) (Subject)
TAIPEI, Taiwan, Aug. 15, 2024 /PRNewswire/ -- Gogoro Inc. ("Gogoro," "the Company" or "We") (NASDAQ:GGR), a global technology leader in battery swapping ecosystems that enable sustainable mobility solutions for cities, today released its financial results for its second quarter ended June 30, 2024. Second Quarter 2024 Summary Successfully closed two private placements: Gold Sino Assets Limited and Castrol Holdings International Limited invested $50 million and $25 million, respectively, to purchase ordinary shares of Gogoro.Revenue of $80.9 million, down 7.2% year-over-year an
TAIPEI, May 9, 2024 /PRNewswire/ -- Gogoro Inc. ("Gogoro," "the Company" or "We") (NASDAQ:GGR), a global technology leader in battery swapping ecosystems that enable sustainable mobility solutions for cities, today released its financial results for its first quarter ended March 31, 2024. First Quarter 2024 Summary Revenue of $69.7 million, down 12.1% year-over-year and down 9.0% on a constant currency basis.Battery swapping service revenue of $32.5 million, up 0.6% year-over-year and up 4.1% on a constant currency basis.Introduced two new vehicles, namely Gogoro Pulse, our ne
TAIPEI, Taiwan, Feb. 7, 2024 /PRNewswire/ -- Gogoro Inc. (NASDAQ:GGR), a global technology leader in battery swapping ecosystems that enable sustainable mobility solutions for cities, today released its financial results for its fourth quarter and twelve months ended December 31, 2023. Fourth Quarter and Full Year 2023 Summary Fourth quarter revenue of $91.5 million, down 4.1% year-over-year and down 2.8% on a constant currency basis; Full year revenue of $349.8 million, down 8.6% year-over-year and down 4.6% on a constant currency basisFourth quarter battery swapping service
The Companies Plan to Launch a Battery Swapping B2B Pilot in Delhi in December 2022 that Will Enable Last Mile Delivery Fleets to Electrify through Gogoro Network Battery Swapping, a Swapping Platform that is Proven, Reliable and Safe with More than 350 million Battery Swaps to Date. NEW DELHI, Nov. 3, 2022 /PRNewswire/ -- Gogoro Inc. (NASDAQ:GGR), a global technology leader in battery swapping ecosystems that enable sustainable mobility solutions for cities, today announced a strategic B2B initiative and partnership with Zypp Electric, India's leading EV-as-a-Service platform. Together, the companies are focused on accelerating the urban shift of logistics fleets and last mile deliveries to
The Benchmark Company downgraded Gogoro from Buy to Hold
JP Morgan upgraded Gogoro from Underweight to Neutral
JP Morgan initiated coverage of Gogoro with a rating of Underweight and set a new price target of $4.30
TAIPEI, Taiwan, Aug. 15, 2024 /PRNewswire/ -- Gogoro Inc. ("Gogoro," "the Company" or "We") (NASDAQ:GGR), a global technology leader in battery swapping ecosystems that enable sustainable mobility solutions for cities, today released its financial results for its second quarter ended June 30, 2024. Second Quarter 2024 Summary Successfully closed two private placements: Gold Sino Assets Limited and Castrol Holdings International Limited invested $50 million and $25 million, respectively, to purchase ordinary shares of Gogoro.Revenue of $80.9 million, down 7.2% year-over-year an
TAIPEI, May 9, 2024 /PRNewswire/ -- Gogoro Inc. ("Gogoro," "the Company" or "We") (NASDAQ:GGR), a global technology leader in battery swapping ecosystems that enable sustainable mobility solutions for cities, today released its financial results for its first quarter ended March 31, 2024. First Quarter 2024 Summary Revenue of $69.7 million, down 12.1% year-over-year and down 9.0% on a constant currency basis.Battery swapping service revenue of $32.5 million, up 0.6% year-over-year and up 4.1% on a constant currency basis.Introduced two new vehicles, namely Gogoro Pulse, our ne
TAIPEI, Taiwan, Feb. 7, 2024 /PRNewswire/ -- Gogoro Inc. (NASDAQ:GGR), a global technology leader in battery swapping ecosystems that enable sustainable mobility solutions for cities, today released its financial results for its fourth quarter and twelve months ended December 31, 2023. Fourth Quarter and Full Year 2023 Summary Fourth quarter revenue of $91.5 million, down 4.1% year-over-year and down 2.8% on a constant currency basis; Full year revenue of $349.8 million, down 8.6% year-over-year and down 4.6% on a constant currency basisFourth quarter battery swapping service
6-K - Gogoro Inc. (0001886190) (Filer)
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6-K - Gogoro Inc. (0001886190) (Filer)