Craig Hallum initiated coverage on Carbon Revolution with a new price target
$CREV
Auto Parts:O.E.M.
Consumer Discretionary
Craig Hallum initiated coverage of Carbon Revolution with a rating of Buy and set a new price target of $84.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/28/2023 | $84.00 | Buy | Craig Hallum |
- Achieved Record Half Year Revenue of US$26.1 million, up 107% year-over-year- Half Year Sales of 12.8k Wheels, More Than Doubling Volumes Compared to the Prior Year- Achieved Record Quarterly Revenue of US$14.8 million in 2Q24, up 177% year-over-year- Limited liquidity as of 31 March 2024, requires additional finance; discussion with OIC for potential early release of Escrow funds is ongoing- Issues Preliminary Estimate for Fiscal 3Q 2024 (Quarter Ended March 31, 2024) of $10 to $11 Million, Up 110% Year-Over-Year at the Mid-Point of the Range GEELONG, Australia, April 09, 2024 (GLOBE NEWSWIRE) -- Carbon Revolution plc (NASDAQ:CREV) (the "Company"), a Tier 1 OEM supplier and t
GEELONG, Australia, April 03, 2024 (GLOBE NEWSWIRE) -- Carbon Revolution plc (NASDAQ:CREV) (the "Company"), a Tier 1 OEM supplier and the leading global manufacturer of lightweight advanced technology automotive carbon fiber wheels, plans to conduct a conference call with analysts to discuss its fiscal first half 2024 results and business outlook on April 9, 2024 at 8:00 a.m. Eastern time. Before the open of the market on April 9 and prior to the conference call, the Company will issue a copy of the earnings press release via GlobeNewswire. The press release may also be viewed on the Investor Relations section of the Company's website at https://investors.carbonrev.com/. The Company
– Issues Outlook For Fiscal Second Quarter Revenue –– Conference Call and Investor Presentation Available on IR Site – GEELONG, Australia, Dec. 12, 2023 (GLOBE NEWSWIRE) -- Carbon Revolution plc (NASDAQ:CREV)" (the "Company") a Tier 1 OEM supplier and a leading global manufacturer of lightweight advanced technology carbon fiber wheels, today provided a business update. "Carbon Revolution delivered record revenue in the fiscal first quarter of 2024, up 56% year-over-year to US$11.3 million1, as program wins have moved into production, and we expect that strength to continue. Our commercial momentum is extremely strong, with five program wins in 2023 more than doubling our backlog," said J
6-K - Carbon Revolution Public Ltd Co (0001960208) (Filer)
6-K - Carbon Revolution Public Ltd Co (0001960208) (Filer)
6-K - Carbon Revolution Public Ltd Co (0001960208) (Filer)
Craig Hallum initiated coverage of Carbon Revolution with a rating of Buy and set a new price target of $84.00
GEELONG, Australia, March 19, 2025 (GLOBE NEWSWIRE) -- Carbon Revolution plc (NASDAQ:CREV) (the "Company"), a Tier 1 automotive supplier and the world's leading manufacturer of innovative, lightweight carbon fiber wheels, announced today that industry veteran Donnie Hampton, Jr. has joined the Company as Acting Chief Executive Officer and member of the Board of Directors. With more than three decades of experience leading and working with a range of Tier 1 automotive suppliers, Mr. Hampton brings his deep executive and operational expertise to Carbon Revolution as the Company realizes the full industrialization of its plant in Geelong, Australia. "Donnie knows wheels," Bob Lutz, Chairman
GEELONG, Australia, March 11, 2025 (GLOBE NEWSWIRE) -- Carbon Revolution plc (NASDAQ:CREV) (the "Company"), a Tier 1 OEM supplier and the leading global manufacturer of lightweight advanced technology automotive carbon fiber wheels, today announced that Orion Infrastructure Capital ("OIC") has released an incremental US$5 million of the US$25 million facility announced on December 23, 2024. As a result of this most recent release, $15 million of this US$25 million facility has now been released. Concurrent with this US$5 million tranche, lenders under the US$60 million PIUS loan entered into in May 2023 ("Existing Noteholders") have also released a further US$400,000 of existing loan reser
GEELONG, Australia, Feb. 04, 2025 (GLOBE NEWSWIRE) -- Carbon Revolution plc (NASDAQ:CREV) (the "Company"), a Tier 1 OEM supplier and the leading global manufacturer of lightweight advanced technology automotive carbon fiber wheels, today announced that on January 31, 2025 it received a letter from the Nasdaq Stock Market ("Nasdaq") informing the Company that Nasdaq has granted the Company's request for an exception to Nasdaq's Listing Rule 5250(c)(1) through May 14, 2025. The exception gives the Company until May 14, 2025 to file its Annual Report on Form 20-F for the year ended June 30, 2024. The Company's securities will remain listed and traded on Nasdaq during the exception period. If
GEELONG, Australia, June 04, 2024 (GLOBE NEWSWIRE) -- Carbon Revolution plc (NASDAQ:CREV) (the "Company"), a Tier 1 OEM supplier and the leading global manufacturer of lightweight advanced technology automotive carbon fiber wheels, is proud to announce the appointment of Alia Comai as Chief Revenue Officer, to lead the Company's sales organization and continue developing global strategic partnerships. Comai brings over 25 years of extensive experience in the automotive sector, where she has held several pivotal leadership roles across product development, manufacturing, international business operations, program management, quality and sales. "Alia will take the lead in driving t
Board of Directors Approves Share Consolidation on an 8-for-1 Ratio Board of Directors Announces Jacqueline Dedo as Li-Cycle's Independent Board Chair Li-Cycle Holdings Corp. (NYSE:LICY) ("Li-Cycle" or the "Company"), a leading global lithium-ion battery resource recovery company, today announced updates from the Company's Annual General and Special Meeting of Shareholders held on May 23, 2024 (the "AGM"). Voting results of items of business at the AGM included the election of each of the Li-Cycle director nominees; the approval of the share consolidation resolution, described further below; the approval of the compensation of the Company's named executive officers on an advisory basi
VANCOUVER, BC, March 27, 2024 /PRNewswire/ - Ballard Power Systems (NASDAQ:BLDP) (TSX:BLDP) today announced the appointment of Ms. Jacqueline (Jacqui) Dedo to the Ballard Board of Directors. Ms. Dedo brings relevant experience to the Board with her background in the transportation industry, including electrified propulsion in heavy-duty mobility, while also bringing complementary competencies related to strategy, innovation, technology, and corporate governance. "We strive to have a Board that is comprised of highly qualified directors with diverse and complementary background