In a challenging market environment, LVWR shares hit a 52-week low, falling to $3.98. The significant decline reflected broader market trends and resulted in a strong one-year change for AEABridges Impact, with a value decline of -63.97%. According to InvestingPro analysis, the company maintains a strong liquidity position, with a current ratio of 3.54 and more cash than debt on its balance sheet. This significant decline over the past year has investors keeping a close eye on the stock as it navigates a volatile financial environment. The current price level represents a critical point for LVWR, as shareholders consider the company’s future outlook and potential for recovery. With analysts setting a price target of $7.25 and earnings scheduled for February 5, InvestingPro subscribers can access 12 additional investment tips and a comprehensive financial health analysis to make informed decisions about LVWR’s recovery potential.
In other recent news, LiveWire Group has entered into a comprehensive services agreement with Harley-Davidson (NYSE: ). The collaboration will allow Harley-Davidson to provide a range of services such as testing, development, regulatory support and customer support for LiveWire. The move comes after LiveWire’s negative EBITDA of $102.58 million in the trailing twelve months, according to InvestingPro.
LiveWire and KYMCO are also expanding their strategic partnership to develop LiveWire’s first electric maxi-scooter, targeting the European market. This development is expected to launch in the first half of 2026, expanding LiveWire’s S2 product line into the maxi scooter segment.
Harley-Davidson reported a decline in its earnings for the third quarter of 2024, including a 13% drop in global retail sales of new motorcycles and a 26% drop in consolidated revenue. Despite these challenges, Harley-Davidson Financial Services posted a 10% increase in revenue. The company has revised its outlook for the full year due to these recent developments.
Harley-Davidson’s electric vehicle division, LiveWire, adjusted its annual unit expectations to 600-1,000 motorcycles in response to market difficulties. The company’s operating income fell 49% to $106 million, and earnings per share decreased 34% to $0.91. In light of these results, the company anticipates a 20% decline in dealer inventory by the end of 2024 and a 14% to 16% decline in HDMC revenue.
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