Lordstown Motors Corp. (RIDE) Buy, Sell or Hold

Lordstown Motors Corp. (RIDE)

2.05

-0.00 (0.00%)

as of Jun 18, 2026, 12:00:00 am Market Open.

27 watching

SELL

Allan Tong’s Discover Picks Lordstown Motors serves as a sobering reminder that not every EV stock is a winner, and fads come and go on Wall Street. Sure, electric vehicles are an exciting industry to invest in now. More of these cars and trucks will replace gas-guzzlers and help the planet breathe. If you want EV’s, then look at Ford and GM, and if you can stomach volatility, give Tesla a look. Read 3 Best Tech Stocks to Buy Now for our full analysis.

DON'T BUY

They report Monday. They're riding on Tesla's coattails, but the market is avoiding these old SPAC plays which burned investors so much in recent months. This stock is down about 70% from its highs. How can they get their mojo back? Maybe they will surprise him.

DON'T BUY

They report Monday. Was a market darling 4 months ago, but the stock has since plunged along with the EV group. Managers got excessively promotional about their pre-order numbers--bad call. He prefers Fisker.

DON'T BUY

A tragic SPAC. They were supposed to make an e-pick-up truck. Great, but then last month a short-seller questioned their order book as largely fake. The CEO failed to answer this accusation and said that they are much further away from production as the public was lead to believe. Managers say they are on track for September, but he doesn't believe them.

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Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK

(A Top Pick Mar 02/21, Down 37.2%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with RIDE has triggered its stop at $13. To be disciplined, we recommend covering the position. We will look for better opportunities elsewhere.

DON'T BUY

SPACs recently flooded the market, SPACs that merged with EV companies, but they're now imploding as the market is more skeptical of speculative stocks. A short-teller last Friday accused RIDE's order book of being "largely fictitious" and that a road test of a RIDE car burst into flames. Last Friday, the stock plunged, but bounced partially today.

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Unlock this Panic-proof Portfolio opinion with Stockchase Premium

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK

Stockchase Research Editor: Michael O'Reilly RIDE has the early lead in bringing the world's first all electric commercial pickup truck to market -- targeting September 2021 for the rollout. With only four moving parts and 95% more efficient than traditional engines, it can be a real disruptor in the space. The stock was recently hurt when the US Post Office decided to purchase from another EV manufacturer. However, the Biden Administration executive order to replace all federal vehicles with net zero emissions with parts made in the US will be an opportunity as over 600,000 federal vehicles will need to convert to EV, hybrid, or electrified. The company is not yet profitable, but with over 100,000 pre-orders it is well positioned. We would buy this with a stop-loss at $13, looking to achieve $32.50. Yield 0% (Analysts’ price target is $32.20)

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Lordstown Motors Corp. (RIDE) Frequently Asked Questions

What is Lordstown Motors Corp. stock symbol?

Lordstown Motors Corp. is a American stock, trading under the symbol RIDE (previously RIDE-Q on Stockchase) on the NASDAQ (RIDE). It is usually referred to as NASDAQ:RIDE or RIDE

Is Lordstown Motors Corp. a buy or a sell?

In the last year, no analyst issued a Buy, Sell, or Hold rating on RIDE (previously RIDE-Q on Stockchase) on Stockchase. Read the latest expert commentary for Lordstown Motors Corp..

Is Lordstown Motors Corp. a good investment or a top pick?

Lordstown Motors Corp. was recommended as a Top Pick by The Panic-Proof Portfolio (Stockchase Research) on 2021-03-02. Read the latest stock experts ratings for Lordstown Motors Corp..

Why is Lordstown Motors Corp. stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for Lordstown Motors Corp..

Is Lordstown Motors Corp. worth watching?

Lordstown Motors Corp. is followed by 27 investors on Stockchase and is a trending stock that is worth watching.

What is Lordstown Motors Corp. stock price?

On 2026-06-18, Lordstown Motors Corp. (RIDE) stock closed at a price of $2.05.

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Lordstown Motors Corp. (RIDE)