Electric Last Mile Solns downgraded by Jefferies with a new price target
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Jefferies downgraded Electric Last Mile Solns from Buy to Hold and set a new price target of $2.50 from $18.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 2/3/2022 | $18.00 → $2.50 | Buy → Hold | Jefferies |
| 2/2/2022 | $6.00 | Outperform → Market Perform | Cowen & Co. |
| 2/2/2022 | $7.00 | Buy → Neutral | DA Davidson |
| 2/2/2022 | $4.00 | Outperform → Neutral | Wedbush |
| 2/2/2022 | Buy → Neutral | BTIG | |
| 8/11/2021 | $14.00 | Buy | DA Davidson |
| 7/28/2021 | Buy | Jefferies | |
| 7/28/2021 | $18.00 | Buy | Jefferies |
SC 13G/A - Electric Last Mile Solutions, Inc. (0001784168) (Subject)
SC 13D/A - Electric Last Mile Solutions, Inc. (0001784168) (Subject)
Completed launch and initial deliveries of the ELMS Urban Delivery, the first Class 1 commercial electric vehicle in the U.S., to become revenue-generating companySecured 6,000-unit order commitmentSigned long term agreements for battery and components supply and nationwide vehicle serviceExpanded operational footprint to Asia Pacific, California and CanadaOn track to launch certified Urban Delivery in December TROY, Mich., Nov. 10, 2021 (GLOBE NEWSWIRE) -- Electric Last Mile Solutions, Inc. (NASDAQ:ELMS, ELMSW))) ("ELMS" or the "Company"), a pioneer of electric vehicles ("EVs") and intelligent mobility solutions for commercial vehicle customers, today announced financial and operating re
TROY, Mich., Oct. 27, 2021 (GLOBE NEWSWIRE) -- Electric Last Mile Solutions, Inc. (NASDAQ:ELMS, ELMSW))) ("ELMS" or "the Company"), a pioneer of electric and intelligent mobility solutions for commercial vehicle customers, announced that it will report its third quarter 2021 financial results after market close on November 10, 2021. This will be followed by a conference call at 5 p.m. Eastern Time during which management will discuss its quarterly earnings, elaborate on the CATL battery agreement and future localization plans, and provide more details on launch plans for the Class 3 Urban Utility vehicle. Speakers on the call will include James Taylor, Chief Executive Officer; Rob Song,
Urban Delivery is on track to be the first Class 1 commercial electric vehicle in the U.S., with start of production confirmed for the third quarter this year.Continued strong demand for the Urban Delivery and actively working to finalize order commitments.Completed business combination to become a publicly traded company, with approximately $294 million of capital raised.Acquired EV manufacturing facility with up to 100,000-unit annual capacity in Mishawaka, Indiana.Strategic supply chain in place, production schedule set for 2021 with an updated volume target of 1,000 units.ELMS engineering center established and staffed for vehicle integration, design and launch of commercial EV products.
Jefferies downgraded Electric Last Mile Solns from Buy to Hold and set a new price target of $2.50 from $18.00 previously
Cowen & Co. downgraded Electric Last Mile Solns from Outperform to Market Perform and set a new price target of $6.00
DA Davidson downgraded Electric Last Mile Solns from Buy to Neutral and set a new price target of $7.00
TROY, Mich., May 24, 2022 /PRNewswire/ -- Electric Last Mile Solutions, Inc. (NASDAQ:ELMS, ELMSW))) ("ELMS" or the "Company") today announced that it has received a notice from The Nasdaq Stock Market LLC ("Nasdaq") stating that because the Company has not yet filed its Quarterly Report on Form 10-Q for the three-month period ended March 31, 2022 (the "Form 10-Q") or its Annual Report on Form 10-K for the fiscal year ended December 31, 2021 (the "Form 10-K"), the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1), which requires listed companies to timely file all required periodic reports with the Securities and Exchange Commission (the "SEC"). The notification letter has no i
TROY, Mich., April 11, 2022 /PRNewswire/ -- Electric Last Mile Solutions, Inc. (NASDAQ:ELMS, ELMSW))) ("ELMS" or the "Company"), today announced that it has received a notice from The Nasdaq Stock Market LLC ("Nasdaq") stating that because the Company has not yet filed its Annual Report on Form 10-K for the fiscal year ended December 31, 2021 (the "Form 10-K"), the Company is no longer in compliance with Nasdaq Listing Rule 5250(c)(1), which requires listed companies to timely file all required periodic reports with the Securities and Exchange Commission (the "SEC"). The notification letter has no immediate effect on the listing or trading of the Company's common stock on the Nasdaq Global S
ELMS Board Member Shauna McIntyre Named Interim CEO and President;Brian Krzanich, ELMS Board Member and CEO of CDK Global, to Serve as Non-Executive Chairman of the Board Transition Follows Resignation of CEO and President James Taylor and Chairman Jason Luo Company Advises Non-Reliance on Financial Statements, Which Will be Restated TROY, Mich., Feb. 01, 2022 (GLOBE NEWSWIRE) -- Electric Last Mile Solutions, Inc. (NASDAQ:ELMS, ELMSW))) ("ELMS" or "the Company"), a pioneer of electric and intelligent mobility solutions for commercial vehicle customers, today announced that Shauna McIntyre, a member of the Company's Board of Directors, has been appointed as Interim Chief Executive Offic
4 - Electric Last Mile Solutions, Inc. (0001784168) (Issuer)
4 - Electric Last Mile Solutions, Inc. (0001784168) (Issuer)
4 - Electric Last Mile Solutions, Inc. (0001784168) (Issuer)
25-NSE - Electric Last Mile Solutions, Inc. (0001784168) (Subject)
8-K - Electric Last Mile Solutions, Inc. (0001784168) (Filer)
8-K - Electric Last Mile Solutions, Inc. (0001784168) (Filer)
ELMS Board Member Shauna McIntyre Named Interim CEO and President;Brian Krzanich, ELMS Board Member and CEO of CDK Global, to Serve as Non-Executive Chairman of the Board Transition Follows Resignation of CEO and President James Taylor and Chairman Jason Luo Company Advises Non-Reliance on Financial Statements, Which Will be Restated TROY, Mich., Feb. 01, 2022 (GLOBE NEWSWIRE) -- Electric Last Mile Solutions, Inc. (NASDAQ:ELMS, ELMSW))) ("ELMS" or "the Company"), a pioneer of electric and intelligent mobility solutions for commercial vehicle customers, today announced that Shauna McIntyre, a member of the Company's Board of Directors, has been appointed as Interim Chief Executive Offic
TROY, Mich., Nov. 11, 2021 (GLOBE NEWSWIRE) -- Electric Last Mile Solutions, Inc. (NASDAQ:ELMS, ELMSW))) ("ELMS" or "the Company"), a pioneer of electric and intelligent mobility solutions designed for commercial vehicle customers, announced Thomas M. Dono, Jr. has been named Chief Legal Officer and Corporate Secretary. "Tom brings more than 20 years of experience across the automotive and technology industries, and deep expertise in ESG, SEC reporting, enterprise risk management, and commercial and international law," said James Taylor, CEO of ELMS. "The addition of Tom is yet another key executive who will be integral to continuing ELMS' focus to redefine the future of urban mobili