Shift Technologies, Inc. provides end-to-end auto ecommerce platform for buying and selling of used cars. The company operates through two segments, Retail and Wholesale. It engages in the retail sale of used vehicles through its platform that enables mobile digital transaction, such as car searching, scheduling an on-demand test drive, and purchasing at home or at the preferred site of a test drive, as well as provides financing and services. The company also provides value added products, such as vehicle service contracts, guaranteed asset protection waiver coverage, prepaid maintenance plans, and appearance protection plan. In addition, it is involved in the sale of used vehicles through wholesale auctions or directly to a wholesaler. The company was founded in 2013 and is based in San Francisco, California.
IPO Year: 2019
Exchange: NASDAQ
Website: shift.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 8/15/2022 | Neutral → Underweight | JP Morgan | |
| 8/10/2022 | $2.50 → $1.50 | Buy → Neutral | DA Davidson |
| 7/21/2022 | Outperform → Mkt Perform | William Blair | |
| 5/16/2022 | Buy → Hold | The Benchmark Company | |
| 5/4/2022 | Buy → Neutral | BTIG Research | |
| 5/3/2022 | $2.00 | Overweight → Equal Weight | Wells Fargo |
| 12/7/2021 | Overweight → Neutral | JP Morgan | |
| 12/3/2021 | $14.00 → $9.00 | Overweight | Wells Fargo |
| 10/5/2021 | $12.00 | Overweight | JP Morgan |
| 9/10/2021 | $12.00 | Buy | Truist Securities |