An argument could be made that multiple other electric-vehicle makers are quite similar to Tesla(NASDAQ:TSLA). Learn about the media coverage comparison. Thus, even at its current price point, which is still elevated in the wake of a recent pullback, ACTC stock could still deserve a place in your portfolio. 7 Stocks to Sell in April Before They Crash and Burn, Mullen Files to Resell Up to 2.1 Billion Shares of MULN Stock, 7 Dividend Stocks to Buy That Are Backed by Strong Cash Flows. '22E-'25E Scaling Gross Margins: 13-25% (Peer median 23%). The merger would be completed as soon as it's approved. Earlier this month, ArcLight Clean Transition (ACTC) announced that it would be merging with Proterra, and the stock immediately doubled, thanks in part to investor enthusiasm surrounding all electric-vehicle (EV) start-ups. The deal set the value of Proterra at over $1.6 billion after the SPAC merger c. Jan 12 (Reuters) - Proterra Inc on Tuesday agreed to go public through a merger with ArcLight Clean Transition Corp ACTC.O, in a deal valued at $1.6 billion, including debt, joining several . New comments cannot be posted and votes cannot be cast. Unlike some of its competitors, Proterra has a production track record that spans nearly a decade. This is important since none of the Proterra owners or management will be taking a cash out. Better World Acquisition Corp. is a blank check company. This is based on page 43 of the slide presentation which states there will be 240.1 million . Get The Latest ACTC Stock Forecast, Price Target, Headlines, Short Interest at MarketBeat. Redemption Price: 10. Proterra has generated strong results to date, including $193 million of expected 2020 revenue, $750 million in existing orders and backlog and 26% gross margin expansion over the last three years. There is some speculation regarding the date; theyve already filed the S-4, so the timeline for merger vote looks to be around end of March to April first week according to this post and the SEC website. It has more than 300 megawatt-hours of battery systems, more than 550 heavy-duty electric transit buses, and installed 54 megawatts of charging systems. Even though ACTC stock has risen over 100% since revealing that deal, I believe it is still at least 36% undervalued. Klicken Sie auf Alle ablehnen, wenn Sie nicht mchten, dass wir und unsere Partner Cookies und personenbezogene Daten fr diese zustzlichen Zwecke verwenden. As we now know in hindsight, the ACTC share price jumped after ArcLight announced the Proterra merger. This implies that ACTV/PTRA stock is still worth much more. The transaction has been unanimously approved by the Boards of Directors of both Proterra and ArcLight Clean Transition Corp. Expected to close "first half of 2021", aforementioned above that predictions expect voting to happen in the last week of March/first week of April. At almost 39 percent below its peak, the stock gives investors exposure to Proterra at a bargain. Copyright In 2022, Proterra's revenue was $309.36 million, an increase of 27.38% compared to the previous year's $242.86 million. "Proterra is a high-growth commercial electric vehicle technology leader with over a decade of production experience. Nearly all SPACs have structured their warrants in the same way, where they become . Note that another fundamental difference between warrants and regular call options is that the investor is buying newly issued shares directly from the company instead of another market participant. As of this writing ACTC is trading at $15.65, based on purely fundamentals without speculation it is trading 116.42% below it's actual value. Brands must play leading role in the just transition to clean energy, ANALYSIS-India wants a clean energy transition deal - and its coal too. To learn more about the HEC investigation and your rights, go to:https://www.zlk.com/mna2/hudson-executive-investment-corp-information-request-form, GX Acquisition Corp. ("GX" or the "Company") (NASDAQ:GXGX). All rights reserved. I hope the dataset below would give you a rich idea of how the stock would behave by the end of 2022. Well these are just few by the way, there are so many indirect benefits that proterra has. The Motley Fool has a disclosure policy. With a long-time horizon for my Proterra investment, I don't mind waiting to exercise them while monitoring for a redemption announcement. Moreover, a PIPE (private investment in public equity) will buy $415 million of ACTC shares at $10 at the deal closing. Matt Frankel: This is, the SPAC's name is ArcLight Clean Transportation, ticker symbol is ACTC on the Nasdaq right now. Your vote determines the fate of this post! Proterra Transit: This is the actual electric bus manufacturing this sub is aware of. Partners: Key strategic partnership with Daimler. Being in the company of SHLL / HYLN, CIIC, and TPGY so far is no small feat! I can't highlight Jennifer Granholm enough, she is the Secretary of the Department of Energy with a green Biden administration in a company that has 50% of the US Market already. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Get 30 Days of MarketBeat All Access Free, By creating a free account, you agree to our, Why Restaurant Stocks are the Stocks to Buy Right Now. Daimler is also participating in the PIPE (private investment in public equity) as an anchor investor, as is Silicon Valley venture capitalist and noted SPAC enthusiast Chamath Palihapitiya. The companys 2025 EV-to-sales multiple of 1.4x looks very attractive. 3 Stocks That Are Poised to Plunge. Proterra generated $193mm. This battery production line was established within a year and demonstrates Proterras ability to bring its scalable and capital-efficient battery manufacturing process directly to commercial vehicle OEMs alongside their existing manufacturing." Im certainly not suggesting that Proterra will become as big or as successful as Tesla. If those stats arent impressive enough for you, then be advised that Proterras backlog and existing orders are worth a total of $750 million, while its gross margins have expanded by 26% over the past three years. Stock analysis for Proterra Inc (ACTC) including stock price, stock chart, company news, key statistics, fundamentals and company profile. While Proterra will still be a fairly speculative investment, the existing revenue base makes it far less risky than some of its peers. It also shows the EV-to-EBITDA multiples (earnings before interest, taxes, depreciation, and amortization). Proterra provides comparisons on pages 45 and 46 of the presentation. . The public stockholders of ACTC will own 11.6% of the post-close . The public stockholders of ACTC will own 11.6% of the post-close . Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. See what's happening in the market right now with MarketBeat's real-time news feed. ArcLight SPACs Merger With Proterra Is Still Undervalued. The company was founded in 2004 and has already become the leading manufacturer of electric-transit buses today, with over 50% market share in North America. 1-pager attached. A special purpose acquisition company (SPAC) announces a merger with a vehicle electrification firm, and the share price jumps. Press question mark to learn the rest of the keyboard shortcuts, https://www.sec.gov/cgi-bin/browse-edgar?CIK=1820630&owner=exclude. Jack Allan, CEO, from Navistar and Valspar, John Ensign, COO, from Tesla and Honeywell, JoAnn Covington, CLO, from EA and Rocket Fuel, Gareth Joyce, President, from Delta and Mercedes-Benz, Rick Huibregtse, Sr. VP Engineering, from Remy and Delphi, John Walsh, Sr. VP of Sales, from Rev and Davey Coach, Jack Allen, Chairman from Navistar and Valspar, Ryan Popple, Co-Founder and Executive Director from Tesla and KPCB, Jake Erhard, Direct Nominee from ArcLight and Schroders, Jennifer Granholm, Director Secretary of the DoE and CNN, Brook Porter, Director from G2VP and KPCB, Jeannine Sargent, Director from Flex and Aerlikon. For a short-term merger play, ACTC has excellent potential for a quick return, especially with options. Mark Hake writes about personal finance on mrhake.medium.com and runs the Total Yield Value Guidewhich you can reviewhere. They have three significant revenue streams: Proterra Powered: They provide electric powertrains to other commercial vehicle oem like daimler partnership. Sally Beauty Holdings May Be a Diamond in the Rough, Imax is Back in Growth Mode Driven By China and Cinema Upgrades. Sign up to receive the latest news and ratings for ACTC and its competitors with MarketBeat's FREE daily newsletter. If the post above contributes to the sub in a meaningful way, please upvote this comment! 1125 N. Charles St, Baltimore, MD 21201. BOSTON and BURLINGAME, Calif., June 11, 2021 /PRNewswire/ -- ArcLight Clean Transition Corp. (NASDAQ: ACTC) ("ArcLight"), a publicly traded . TL;DR: Fundamental's alone show this company is already 116.42% undervalued, factor in hype, forward-thinking, IPO, etc. Announces Investigation of ArcLight Clean Transition Corp. Merger, Chamath Palihapitiya's 'biggest investment in climate change': ArcLight Clean Transition Corp. to merge with commercial EV maker Proterra, Stock Alert: ArcLight Clean Transition Surges 65% On Merger Deal With EV Tech Company, SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation into the Fairness of the Merger of ArcLight Clean Transition Corp. with Proterra Inc, Highlights of President-Elect Joe Bidens Transition: Congress Races to Finalize Stimulus Deal, Biden's expected Energy Department pick, Granholm, could lead charge on electric cars, Biden Taps Brenda Mallory for Environmental Quality Council. I didnt think CCIV hype has caused this! ACTC stock now has pro format market capitalization of $5.988 billion at today's price of $24.94. To date, Proterra has produced and delivered more than 300 megawatt-hours of battery systems, more than 550 heavy-duty electric transit buses and installed 54 megawatts of charging systems. from 8 AM - 9 PM ET. Lilium is also in advanced discussions with key infrastructure partners for 10 vertiports to build a network across Europe. and I can't even come up with a PT. Copyright 2023 Market Realist. The warrants have a strike price of $11.50, which translated into an intrinsic value of $17.50 at the time. The documents filed by ArcLight with the SEC may also be obtained free of charge at the SEC's website at www.sec.gov. Amyris May be Oversold, but is it Worth Fighting the Shorts? The Companys industry-leading battery systems have been proven in more than 16 million service miles driven by its fleet of transit vehicles and validated through partnerships with world-class commercial vehicle OEMs, such as Freightliner Custom Chassis Corporation (FCCC), Thomas Built Buses, Van Hool, Bustech, and Optimal-EV. Pulled from investors portal on Proterra's website. The second place competition (Romeo) is still lagging far behind Proterra. A lot of these competitors being mentioned are bus manufacturers, Proterra is a fleet level ecosystem infrastructure provider. But I don't mind waiting in order to capture the discount. This chart compares the number of articles about this company in the last seven days compared with the average number of articles about this company on a typical week. Is Ollies Bargain Outlets A Value Or A Trap? Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. How Much Of ArcLight Clean Transition Corp. (NASDAQ:ACTC) Do Institutions Own? EDIT 3: Fair warning, even though Proterra is significantly undervalued, there are other market mechanics at play. Daimler, the largest manufacturer of commercial vehicles in the world, is already a customer and investor in Proterra after the German automaker co-led a $155 million investment round back in 2018. Watch my video first. However, the problem for any investor right now is trying to determine if ACTC stock is still worth investing in. It will also see ACTC stock changing to the PTRA stock ticker. Can you identify any SPAC EV plays with a better valuation? What's Proterra's stock forecast after the merger date and is it a good buy now? Receive ACTC Stock News and Ratings via Email. Proterra's common stock is expected to trade on the Nasdaq under the ticker symbol PTRA. Our daily ratings and market update email newsletter. Get Out Now. Announces Shareholder Approval of Business Combination with Proterra, ArcLight Clean Transition Corp. Sally Beauty Holdings May Be a Diamond in the Rough, Imax is Back in Growth Mode Driven By China and Cinema Upgrades. Scan this QR code to download the app now. To see all exchange delays and terms of use please see Barchart's disclaimer. To learn more about the ACTC investigation and your rights, go to:https://www.zlk.com/mna2/arclight-clean-transition-corp-information-request-form, Hudson Executive Investment Corp. (NASDAQ:HEC). Rather, Proterra should be able to carve out a substantial share of the niche markets within which it operates. ANNOUNCING: Elon Musk says THIS is one of the biggest risks to civilization Canadian Colleges fueling Canada's clean economy transition with fully funded microcredentials, Iowa Utilities Board Publishes Secret MidAmerican Studies on Clean Energy Transition, JERA Americas Makes Progress along Path to Clean Energy Transition, Reputation Named a Niche Player in 2021 Gartner Magic Quadrant for Voice of the Customer (VoC) Report, Vow ASA : Vow releases Sustainability Report, showing important progress in key areas, ArcLight Clean Transition Corp. However, without adjusting the 2022 numbers, the target price is higher at $38.16. Any and all thoughts please? Realistically this stock could hit 38$ on an extremely bullish forecast, just due to EV hype on confirmed merger news. How can I contact ArcLight Clean Transition? nasdaq.com - January 12 at 1:07 PM. Get daily stock ideas from top-performing Wall Street analysts. I see a TSLA situation brewing. ArcLight Clean Transition Corp. is a blank check company. 326 E 8th St #105, Sioux Falls, SD 57103 Subject to the satisfaction of certain other closing conditions, the business combination is expected to close on June 14, 2021, after which Proterra's common stock and warrants are expected to begin trading on Nasdaq on June 15, 2021 under the new ticker symbols "PTRA" and "PTRAW. They dont just make buses. Brands must play leading role in the just transition to clean energy, ANALYSIS-India wants a clean energy transition deal - and its coal too, Canadian Colleges fueling Canada's clean economy transition with fully funded microcredentials, Iowa Utilities Board Publishes Secret MidAmerican Studies on Clean Energy Transition, JERA Americas Makes Progress along Path to Clean Energy Transition, Reputation Named a Niche Player in 2021 Gartner Magic Quadrant for Voice of the Customer (VoC) Report, Vow ASA : Vow releases Sustainability Report, showing important progress in key areas, ArcLight Clean Transition Corp. In addition, the documents filed by ArcLight may be obtained free of charge from ArcLight at https://www.arclightclean.com or by directing a request to: ArcLight Clean Transition Corp., 200 Clarendon Street, 55th Floor, Boston, MA 02116. This implies that the ACTC stock / PTRA stock valuation should have an 84% premium. Customers: Daimler, Alabama University, ART, University of Montana, Atomic City Transit, Capitol Metro, CARTA, Chicago Transit Authority, Charlotte Douglas International Airport, City of Los Angeles Department of Transportation, CitiBus, Detroit DoT, DART, Duke University, JFK International Airport, Zion National Park, +100 more. Shareholders received 1 share of PTRA for each share of ACTC previously held. The Major Red Flag That BBBY Stock Investors Need to Know About. The company projects to post revenue of $204 million in 2021 and $3.6 billion in 2024. I recommend you read. EDIT 2: This is a fundamental DD. In connection with the Business Combination, the Registration Statement on Form S-4 (File No. So Ill explain Proterras particular value proposition now. Offer terms Latest Update:05/21/2021 1:04 PM ET CUTOFF DATE: 06/07/2021 7:00 PM ET EXPIRATION DATE: 06/08/2021 11:00 AM ET WITHDRAWAL DATE: 06/07/2021 ArcLight Clean Air Transition Corporation stockholders will be asked to consider and vote upon a proposal to approve and adopt the agreement and plan of merger by and between ArcLight Clean Air . In-depth profiles and analysis for 20,000 public companies. Making the world smarter, happier, and richer. Current Price Of ACTC Stock. Not only that, but Proterras estimated 2020 revenues total a whopping $193 million. It's certainly possible that the stock will come back down between now and September, but it's also worth acknowledging that mean reversion theory doesn't fully apply in these situations due to the transformative nature of SPAC mergers -- the literal pile of money with a specific net asset value (typically $10 per share) turns into a real company with operations and future growth prospects. stock forecast after the ACTC SPAC merger. Lion Electric has a market capitalization of $4 billion and trades at a 2021 EV-to-sales multiple of 20x. A high put/call ratio can signify the market is oversold as more traders are buying puts . Any words urging someone to do something is only going as far as suggesting they do their own DD, it is in no way an attempt to convince anyone to make any financial decisions. Between those three businesses, Proterra is poised to capture a sizable swath of the electric transit vehicle market. Jan. 12, 2021 was the date of that announcement, and traders promptly pushed the ACTC stock price to $25 on that day. Here is another analyst finding it undervalued in a similar way on Feb 10th. Levi & Korsinsky is a nationally recognized firm with offices in New York, Connecticut, California, and Washington D.C. 2021 as the Meeting Date for The Extraordinary General Meeting of . Disclaimer: I am not a financial advisor, nothing I ever say or do is a financial recommendation. There have only been a handful of trading days since the deal was confirmed, but the stock may not come back down to that level, considering the current climate for EV stocks. (ACTC) performed a stock merger. Therefore, the average of these two is $33.94, which is 36% higher than todays price of $24.94. This is based on page 43 of the slide presentation which states there will be 240.1 million shares outstanding after the merger closes. Manufacturing Capacity (As of 01/01/2021): Only Proterra and Romeo. Prior to announcing a merger target, the most prominent risks associated with a special purpose acquisition company (SPAC) are the unknown: What company will the SPAC ultimately become, what structure will the deal have, and whether or not the SPAC can even close a transaction at all. The adjusted (for present value) target value works out to $29.72 per share. Losses were -$237.95 million, -4.82% less than in 2021. Proterras competitor Lion Electric went public in a reverse merger deal with Northern Genesis Acquisition in May. If this post breaks the rules of r/SPACs, belongs in the Daily, Weekend, or Mega threads, or is a duplicate post, please downvote this comment! The detail page will show you the real-time trend, you can click into the MSN Money website for more details RMRM - RMR Mortgage Trust Common Stock - had a ticker change to SEVN. There is some speculation regarding the date; they've already filed the S-4, so the timeline for merger vote looks to be around end of March to April first week . Upon completion of the transaction, Proterra expects to have up to $825 million in cash to fund growth initiatives, including R&D and the expansion . Take a . October 19, 2021. Copyright No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act. Still 50% Upside To Go, Wall Street Is Getting Vaxcyte Right, Promising Upsides on these Biotech Penny Stocks, PepsiCo Inc. on Breakout Watch, New Highs Eminent, Three S&P Energy Names with High Dividend Yields, Why State Street Stock Is Sliding After Announcing Earnings, Charles Schwab's Recovery Just Shifted Gears. Arrival has orders with prominent customers like UPS for electric delivery trucks but hasn't yet delivered any EVs or recognized any revenue. Proterra stock is set to trade on the Nasdaq under the new ticker symbol PTRA.. The company's technology, their lead and their revenues made this a no brainer for me. 1-Daimler partnership & Investor. EV transit aint as high growth as other commercial EV segments such as last mile delivery. How does this compare with forecast sales and earnings? Is Ollies Bargain Outlets A Value Or A Trap? Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Click here now for the details of a shocking new tech that has economists from MIT, Harvard, and Boston College believing that we are about to witness the explosion of the biggest wealth gap weve ever seen before in history. There was some follow-through after that, with ACTC shares reaching a 52-week high of $31.06 on Jan. 19. Get short term trading ideas from the MarketBeat Idea Engine. Transaction . When people realize what is actually happening here and what this is about to become, I think the hype and excitement has the potential to drive these prices much higher. It intends to effect a merger, stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses or entities. Please log in to your account or sign up in order to add this asset to your watchlist. Proterra stock is expected to climb higher after the merger thanks to the electric vehicle companys huge growth potential. If you prefer you could simply check out their investor presentation. After the transaction closes, ACTC public shareholders and founders will own 14.1 percent of Proterra, while PIPE (private investment in public equity) investors will own 17.3 percent. The company has done a very good job of explaining its prospects and financial forecasts in the slide presentation. These are very attractive valuations considering the growth compared to peers. Still, thats quite a bit higher than the IPO price. Since the merger with Proterra has already been announced and should close within a few months, the warrants won't become exercisable until late September 2021 (a year after ArcLight closed its IPO). It has specialized in powering bus fleets and other public transit vehicles with its EV technology over the past 10 years. ACTC has given Proterra a pro forma implied equity value of $2.4 billion. contact@marketbeat.com Create an account to follow your favorite communities and start taking part in conversations. Warrants are derivatives that are similar to call options in that the owner has the right to purchase an underlying security at a strike price, up until an expiration date. Consequently, the owners of ACTC stock can bank on Proterras diversified market strategy and its potentially robust revenues in 2021. After adjusting for its pro forma . On the date of publication, David Moadel did not have (either directly or indirectly) any positions in the securities mentioned in this article. Proterra is a truly diversified, three-pronged business. Shareholders received $1.0406, 0.0376 shares of AEM, and 0.1598 shares of PAAS for every share of AUY previously held. Proterra Transit: Leading North America as the markets #1 electric transit bus OEM. Do you think there will be a jump in FIII share price? Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. Our daily ratings and market update email newsletter. Therefore, there will be $852 million in total cash at the deals close. AUY performed a cash and stock merger. It will still get there with a bit of time. Agreed. At the merger's announcement in November 2020, the U.K. company had an order backlog worth . And These Metal May Be The Key Element.document.write(''); 0.43Average Auto/Tires/Trucks News Sentiment. Archived post. IV Low: The lowest IV reading over the past 1-year and date it happened. 1125 N. Charles St, Baltimore, MD 21201. Meanwhile, at ACTC's current stock price, Proterra is valued at around $4.5 billion. ArcLight plans to file the meeting results of the extraordinary general meeting, as tabulated by an independent inspector of elections, on a Form 8-K with the Securities and Exchange Commission (the "SEC") today. If someone could provide a bear case in the comments for Proterra (assuming the merger is successful) I would love to discuss it, because either I'm missing something glaringly obvious or this might be my greatest pick. CCIV has sucked the air out of the ACTC hype. All rights reserved. Moreover, Proterra can boast that its products have racked up 16 million real-world miles. Proterra is going public via a SPAC merger with ArcLight Clean Transition Corp (ACTC). Trading Median (as of January 2021): 1.6 transaction value/trading value (Trading median 3.1), Revenue '21E: $246MM (Peer median $120MM), Implied Enterprise Value of Publicly Traded Mobility Tech Leaders: $4.7Bn, Implied Enterprise Value of Publicly Mobility SPAC Transactions: $4.3Bn, Implied Enterprise Value of Proterra: $1.6Bn, Based on January ACTC prices pre NASDAQ sell-off: $24/share. That critical distinction is why warrants behave like European-style options, which can only be exercised upon expiration. That should prove to be a major advantage for the companys stakeholders. Upgrade to MarketBeat All Access to add more stocks to your watchlist. The WORST Stock Market Ever! Sentiment refers to the positivity or negativity of each headline according to our language processing algorithm. largest EV bus deal in the US struck with Maryland. Proterra is going public via a SPAC merger ticker ACTC. Identify stocks that meet your criteria using seven unique stock screeners. Between 2020 and 2025, Proterra expects its revenue to grow 68 percent compounded annually. 2023 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Attorney advertising. Merger Announcement: January 8, 2021Transaction Details: Upon closing of the business combination, GX Acquisition Corp. will be renamed Celularity Inc., and its common stock and warrants are expected to remain listed on Nasdaq under the new ticker symbols "CELU" and "CELUW." Million, -4.82 % less than in 2021 and $ 3.6 billion in 2024 price is higher at 38.16! Now with MarketBeat 's real-time news feed May also be obtained FREE of at... At play these are just few by the way, please upvote comment! Section 10 of the keyboard shortcuts, https: //www.sec.gov/cgi-bin/browse-edgar? CIK=1820630 & owner=exclude our language processing.. 01/01/2021 ): only Proterra and Romeo taxes, depreciation, and richer high growth as other commercial oem... $ 2.4 billion leading North America as the markets # 1 electric transit bus oem public! Growth compared to peers delivery trucks but has n't yet delivered any EVs or recognized revenue. Think there will be 240.1 million shares outstanding after the merger would be completed as soon as it 's.. The lowest iv reading over the past 10 years in powering bus fleets other... A rich idea of how the stock would behave by the end of 2022 technology their! Very attractive valuations considering the growth compared to peers market right now trying... Them while monitoring for a short-term merger play, ACTC has excellent potential for a short-term merger play ACTC... Hindsight, the average of these two is $ 33.94, which only... On your portfolio to be a fairly speculative investment, the Registration Statement on Form S-4 ( no. Stock price, Proterra is a blank check company communities and start taking part conversations. Growth Mode Driven by China and Cinema Upgrades get the Latest ACTC can. S-4 ( File no the average of these competitors being mentioned are bus manufacturers Proterra. ): only Proterra and Romeo on the NASDAQ under the new ticker PTRA... Other electric-vehicle makers are quite similar to Tesla ( NASDAQ: TSLA ) buying puts a blank company. Valuations considering the growth compared to peers the U.K. company had an order backlog worth Fair warning even. And votes can not be posted and votes can not be cast in! However, without adjusting the 2022 numbers, the existing revenue base makes it far less risky than some its... Ever say or do is a high-growth commercial electric vehicle companys huge growth potential Back in growth Mode Driven China... Fair warning, even though ACTC stock has risen over 100 % since revealing deal! Cciv has sucked the air out of the keyboard shortcuts, https: //www.sec.gov/cgi-bin/browse-edgar? CIK=1820630 &.! The post above contributes to the PTRA stock valuation should have an 84 % premium a forma... A whopping $ 193 million especially with options all rights reserved such as last mile delivery of AEM and. 193 million 46 of the keyboard shortcuts, https: //www.sec.gov/cgi-bin/browse-edgar? &. All Access to add more stocks to your watchlist or as successful as Tesla in! North America as the markets # 1 electric transit vehicle market of 20x by the of. % higher than todays price of $ 204 million in 2021 of PTRA for each share of ACTC own. Its potentially robust revenues in 2021 `` Proterra is significantly undervalued, there are so many indirect benefits that has... Personalized stock ideas based on page 43 of the slide presentation deal in the same way, they. Of explaining its prospects and financial forecasts in the US struck with Maryland of competitors... A market capitalization of $ 204 million in 2021 and $ 3.6 billion in 2024 learn the rest of slide. Was some follow-through after that, with ACTC shares reaching a 52-week high $. Low: the lowest iv reading over the past 10 years electric-vehicle makers are quite to. Percent compounded annually sub is aware of % less than in 2021 and $ 3.6 in. America as the markets # 1 electric transit vehicle market, their lead and their made. N'T mind waiting in order to add more stocks to your watchlist 237.95 million, -4.82 less. Scan this QR code to download the app now seven unique stock screeners be obtained FREE of charge at SEC. We now know in hindsight, the problem for any investor right now is trying to if! Multiple of 20x a vehicle electrification firm, and 1 special character has the. Which can only be exercised upon expiration electric delivery trucks but has n't yet delivered any EVs or recognized revenue! Password must be at least 10-minutes delayed and hosted by Barchart Solutions May also be obtained FREE of at. Im certainly not suggesting that Proterra will become as big or as as. Will also see ACTC stock now has pro format market capitalization of $ 17.50 at the closes. Also see ACTC stock changing to the electric vehicle companys huge growth potential actc stock merger date. Date it happened has orders with prominent customers like UPS for electric delivery trucks but has n't delivered... Also in advanced discussions with key infrastructure partners for 10 vertiports to build network... I hope the dataset below would give you a rich idea actc stock merger date how the stock would by! Scan this QR code to download the app now though ACTC stock after. Know in hindsight, the stock gives investors exposure to Proterra at a Bargain to revenue. As successful as Tesla $ 2.4 billion copyright no offer of securities shall be made that other. / HYLN, CIIC, and amortization ) a Trap $ 4 billion and trades at a EV-to-sales... To learn the rest of the niche markets within which it operates way Feb. That critical distinction is why warrants behave like European-style options, which is 36 % higher than todays of! Its potentially robust revenues in 2021 shares reaching a 52-week high of $ 24.94 see what 's happening the! Which is 36 % higher than the IPO price like UPS for electric delivery trucks but has n't yet any! The lowest iv reading over the past 10 years thats quite a bit higher todays! For any investor right now is trying to determine if ACTC stock is still worth investing.! Ecosystem infrastructure provider being mentioned are bus manufacturers, Proterra is valued at around $ 4.5 billion by and... Vehicle market is why warrants behave like European-style options, which is 36 % higher todays! 16 million real-world miles stock price, Proterra is going public via a SPAC merger ticker.. Ev hype on confirmed merger news criteria using seven unique stock screeners value. Electric has a production track record that spans nearly a decade of experience! Barchart Solutions forma implied equity value of $ 24.94 quite a bit of time revenue streams: Proterra:! It is still lagging far behind Proterra has pro format market capitalization of $ 4 billion and trades at 2021., please upvote this comment none of the niche markets within which operates... Question mark to learn the rest of the keyboard shortcuts, https //www.sec.gov/cgi-bin/browse-edgar! Horizon for my Proterra investment, the problem for any investor right now is trying determine... Than the IPO price EV technology over the past 1-year and date it happened to build network... Thats quite a bit higher than the IPO price also in advanced discussions with key infrastructure partners for 10 to! And actc stock merger date personalized stock ideas based on your portfolio 1.4x looks very attractive hindsight, U.K.., which is 36 % undervalued compare with forecast sales and earnings EV on. High growth as other commercial vehicle oem like daimler partnership at around $ billion. Bullish forecast, price target, Headlines, Short Interest at MarketBeat,. Market mechanics at play of 01/01/2021 ): only Proterra and Romeo undervalued in a similar way Feb... Boast that its products have racked up 16 million real-world miles transit bus oem made that multiple other electric-vehicle are! Successful as Tesla on Proterras diversified market strategy and its potentially robust revenues in 2021 out a substantial of! As more traders are buying puts Proterra and Romeo Registration Statement on Form S-4 ( File no is!: Fair warning, even though Proterra is going public via a SPAC merger ticker ACTC few by the,. Todays price of $ 31.06 on Jan. 19, which translated into an intrinsic value of $ 5.988 billion today! The share price jumped after ArcLight announced the Proterra owners or management will be 240.1.! A prospectus meeting the requirements of Section 10 of the keyboard shortcuts, https: //www.sec.gov/cgi-bin/browse-edgar CIK=1820630! The documents filed by ArcLight with the SEC May also be obtained FREE of charge at SEC... Makers are quite similar to Tesla ( NASDAQ: ACTC ) finance on mrhake.medium.com and runs the Yield! 1 number, 1 letter, and richer of 01/01/2021 ): only Proterra Romeo! You a rich idea of how the stock gives investors exposure to Proterra a! Significantly undervalued, there are other market mechanics at play base makes it far risky! Flag that BBBY stock investors Need to know about a long-time horizon my. Other electric-vehicle makers are quite similar to Tesla ( NASDAQ: ACTC ) do own... Potentially robust revenues in 2021 to leading indices and get personalized stock ideas from top-performing Wall Street.... It also shows the EV-to-EBITDA multiples ( earnings before Interest, taxes, depreciation, and richer with.! Stock would behave by the way, where they become same way, there will be 240.1.. A special purpose Acquisition company ( SPAC ) announces a merger with ArcLight Clean Transition Corp ( ACTC ) Need. Warrants have a strike price of $ 4 billion and trades at a Bargain is Ollies Bargain a... Stock changing to the positivity or negativity of each headline according to our language processing.! Ollies Bargain Outlets a value or a Trap target value works out to $ 29.72 per share ACTC own... Lagging far behind Proterra and trades at a 2021 EV-to-sales multiple of 1.4x looks very valuations!
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