Analysts are bullish on Virgin Galactic stock – here’s what you need to know
Virgin Galactic Holdings Inc (NYSE: SPCE) stock has been on a steady decline this month, down 35%. The stock fell further on Thursday after a filing from the SEC disclosed Richard Branson had sold $150 million in SPCE shares. In addition, Billionaire SPAC owner Chamath Palihapitiya had also sold his entire $200 million stake in SPCE …
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NIO stock forecast for 2022 and beyond
Nio Inc – (NYSE: NIO) has had a stellar year of trading, outperforming investor and analyst expectations. NIO stock has gained 1,176% over the past 12 months, cementing its name as one of 2020’s best performing stocks. In addition, the Chinese EV manufacturer managed to deliver over 20,000 vehicles in the first quarter of 2021. …
IPOE closes in on SoFi merger – what you need to know
Social Capital Hedosophia Holdings V Corp (NYSE: IPOE) is peaking interest amongst investors as it closes in on its merger with finance giant SoFi. This merger marks just one of the six SPAC ventures owner Chamath Palihapitiya is pursuing in 2021. The merger news was first announced in early January, driving the stock price up …
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Hyliion (HYLN) stock forecast for 2022 – will the stock rebound?
Hyliion (NYSE: HYLN) stock has been trending downwards since the completion of its reverse merger in 2020. What first started as hype surrounding the SPAC company SHLL has now simmered down alongside the majority of the EV SPAC Industry. However, despite the downtrend in the stock price, revenue projections over the next 5 years suggest the …
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Palantir stock forecast for 2022- here’s what investors need to know
Palantir Technologies (NYSE: PLTR) has seen an incredible debut on Wallstreet. The stock has climbed 140% since listing, far exceeding analysts expectations. Palantir specialises in big data analytics, in particular within the realm of law enforcement and surveillance. Since listing, Palantir has announced multiple large scale Government and Corporate partnerships. This includes its partnership with …
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Will Romeo Power stock thrive in 2021? – here’s what investors need to know?
Romeo Power (NYSE:RMO) has been in the spotlight this week after the company announced a 5 year supply deal with EV manufacturer, PACCAR. The company officially began trading on the 30th of December 2020, following the completion of its reverse merger with RMG Acquisition Corp. Romeo stock has seen a steady decline since its debut, …
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ChargePoint (CHPT) stock forecast for 2022 – analysts set buy ratings
ChargePoint Holdings Inc (NYSE: CHPT) has seen a surge in investor confidence over the past week with the stock gaining 38.77%. The gain came after President Biden announced the Governments infrastructure plan which will see roughly $175 Billion pumped into the EV sector. Amongst the beneficiaries of this package, over 500,000 charging stations will be installed. …
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Ford Motor stock forecast for 2022 – Q1 sales break EV record
Ford Motor Company (NYSE: F) is providing a glimmer of hope as we open the door to 2021. Bulls, in particular analysts, are confident Ford stock will continue to gain in 2021. Furthermore, investors have rallied behind the company as they announced they will be investing $29 Billion in EV and autonomous vehicles. Furthermore, according …
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Ocugen (OCGN) stock forecast for 2022 – can the stock hit the “street high” $15 price target?
Ocugen Inc (NASDAQ: OCGN) is a US based bio-pharma which has focused on developing a cure for blindness disease. However, the company has since shifted its efforts to develop a COVID-19 vaccine with partner Bharat Biotech. Ocugen’s CEO Shankar Musunuri has made it clear the company strategises to disrupt the current COVID-19 vaccine market with Covaxin. …
Li Auto stock forecast for 2022 – do analysts suggest a buy?
The new age Chinese Electric Vehicle trio NIO, Xpeng and Li Auto have made their presence felt in the US markets. Li Auto Inc. (NASDAQ: LI) debuted on Wallstreet less than 7 months ago and has since seen an incredible surge in investor confidence. The stock has gained 54% since its listing on the NASDAQ. …
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Thunder Bridge Acquisition (THBR) closes in merger with indie Semiconductor
Thunder Bridge Acquisition II (Nasdaq: THBR) is closing in on their reverse merger with auto-tech solution company indie. The merger is set to close in early spring of 2021 (timeframe between the 20th of March – 20th June). THBR stock has seen a volatile run after announcing the merger in December last year. The stock …
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Intel stock forecast for 2022 – analysts turn bullish
Intel (NASDAQ: INTC) has seen a positive sentiment shift amongst institutional analysts over the past few months. Since the stocks fall during the pandemic, Intel has bounced back strongly providing strong returns for long term shareholders. INTC stock has since gained 24% over the past year of trading. The bulls are now focusing on the bigger …
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Plug Power stock forecast for 2022 – what do investors need to know?
Plug Power (NASDAQ:PLUG) stock has continued its bullish run, posting an impressive 1,102% increase over the past year. The hydrogen cell developer has kept analysts busy, toppling their 12 month price target expectations. Plug Power’s sheer operating scale makes it the largest liquid hydrogen consumer in the world. The stock has been strongly influenced by …
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Support (SPRT) to merge with Bitcoin miner Greenidge – here’s what you need to know
Support.com (NASDAQ:SPRT) stock saw a 231.78% surge in its share price after announcing a merger with integrated Bitcoin miner Greenidge Generation. Trading volume of the stock sky rocketed to 243.1 million shares on Monday compared to its full-day average of 148,000 shares. This resulted in the stock being the strongest gainer on U.S exchanges for the …
FuelCell stock forecast for 2022 and beyond
FuelCell Energy (NASDAQ: FCEL) has seen an incredible amount of growth on Wallstreet. The stock has gained 1084% over the past year of trading. FCEL, alongside its competitor PLUG Power have gained investor confidence partly due to the congressional passage of an alternative fuels tax credit through the Biden administration bent towards renewable energy. Furthermore, alternative energy has been …
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Nano Dimension stock forecast for 2021 and beyond
Nano Dimension Ltd (NASDAQ:NNDM) is a multi-national business which develops intelligent machines for the production of Additively Manufactured Electronics (AME). Furthermore, this industry in which Nano Dimensions occupies is considered a specialised niche within the 3D printing industry. The companies stock has seen bullish movement due to strong revenue performance from the Q4 2020 earnings …
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Northern Genesis closes in on merger with Lion Electric
Northern Genesis Acquisition Corp (NYSE: NGA) announced on November 30 that they have entered an agreement to merge with EV manufacturer Lion Electric. The merger adds to the vastly growing list of EV innovators jumping on board the SPAC train to raise much needed capital. The NGA merger is to be completed by the end …
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Rocket Lab to go public via SPAC merger with Vector Acquisition (VACQ)
Last week, Vector Acquisition Corp (NASDAQ: VACQ) announced its plans to take Rocket Lab public via a reverse merger. Rocket Lab is an end to end, aerospace manufacturer and small satellite launch service. To add to its credentials, in the history of spaceflight Rocket Lab is one of only two private companies that has delivered regular and reliable access to …
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