LiveWire Group (LVWR) AI Stock Analysis

• Market Cap: $497.73M
• Dividend Yield: N/A
• Average Volume (3M): 60.94K
• Price to Earnings (P/E): ―
• Beta (1Y): 3.24
• Revenue Growth: -19.01%
• EPS Growth: 23.18%
• Country: US
• Employees: 182
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Auto - Manufacturers
• EPS (TTM): -0.10
• Shares Outstanding: 203,988,740
• 10 Day Avg. Volume: 76,426
• 30 Day Avg. Volume: 60,942
• PEG Ratio: 0.70
• Price to Book (P/B): 8.49
• Price to Sales (P/S): 36.70
• P/FCF Ratio: -9.59
• Enterprise Value/Market Cap: 0.92
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 42 Neutral
• Price Target: $2.00 ▼(-53.60% Downside)

The score is primarily weighed down by very weak financial performance (deeply negative margins and negative operating/free cash flow) and bearish technicals (below key moving averages with negative MACD). Valuation provides little support due to ongoing losses and no dividend, while the board appointment is a modest positive but secondary to the company’s operating challenges.

Positive Factors

Low leverage

Very low leverage (D/E 0.014) reduces interest burden and preserves borrowing capacity, giving LiveWire flexibility to fund operations or invest while addressing cash burn. Over the next 2–6 months this balance-sheet strength supports survivability and strategic optionality.

Board appointment / governance

Adding Harley‑Davidson’s COO to the board brings proven automotive operating expertise and closer strategic alignment. This structural governance change can drive improvements in production, supply chain and commercialization execution, supporting durable operational gains.

EV market tailwind & diversified revenue

LiveWire sits in an accelerating electrification trend and sells premium bikes plus aftermarket products and services. Structural EV adoption and diversified revenue streams (accessories, maintenance) increase addressable market and recurring revenue potential over the medium term.

Negative Factors

Deeply negative margins

Gross margin of -39.37% and net margin of -320.10% indicate severely suboptimal unit economics. Unless product costs, pricing or mix change materially, these persistent margin deficits will prevent the company from achieving sustainable operating profitability over the coming quarters.

Negative operating & free cash flow

Ongoing negative operating and free cash flows with FCF growth at -12.95% TTM show continuing cash burn. An operating cash to net income ratio of -2.81 means cash outflows exceed accounting losses, constraining investment and forcing reliance on external financing if not corrected.

Very low returns on equity

ROE of -90.76% signals the company is eroding shareholder equity and failing to generate returns on invested capital. Structurally negative ROE reflects weak profitability and capital allocation, making it harder to attract patient capital without a clear path to improved returns.

LiveWire Group Business Overview & Revenue Model

Company Description

LiveWire Group (LVWR) is an innovative electric motorcycle manufacturer that operates within the rapidly growing electric vehicle (EV) sector. The company focuses on designing and producing high-performance electric motorcycles, aiming to combine cutting-edge technology with sustainable transportation solutions. LiveWire's core products include a range of electric motorcycles tailored for both urban commuting and performance enthusiasts, emphasizing eco-friendliness and advanced features such as connectivity and smart functions.

How the Company Makes Money

LiveWire Group generates revenue primarily through the sale of its electric motorcycles, which are priced at a premium due to their advanced technology and performance capabilities. The company's revenue model is supported by additional income streams such as aftermarket products, accessories, and maintenance services for its motorcycles. In addition, LiveWire may benefit from strategic partnerships with other automotive companies or technology firms that enhance its product offerings or expand its market reach. The growing trend towards electrification in the transportation sector and increasing consumer demand for sustainable mobility solutions further contribute to LiveWire's earnings potential.

LiveWire Group Financial Statement Overview

Summary

Weak profitability and cash generation dominate: gross margin (-39.37%) and net margin (-320.10%) are deeply negative, with negative operating/free cash flows and worsening free cash flow growth (-12.95%). Low leverage (debt-to-equity 0.014) is a relative positive but does not offset the scale of losses (ROE -90.76%).

Income Statement

LiveWire Group's income statement shows a challenging financial position with negative margins across the board. The TTM (Trailing-Twelve-Months) data indicates a gross profit margin of -39.37% and a net profit margin of -320.10%, reflecting significant losses. Revenue growth is slightly positive at 5.27% TTM, but this is overshadowed by the substantial negative EBIT and EBITDA margins, indicating operational inefficiencies and high costs relative to revenue.

Balance Sheet

The balance sheet reveals a relatively low debt-to-equity ratio of 0.014 TTM, suggesting limited leverage, which is a positive aspect. However, the return on equity is significantly negative at -90.76%, indicating that the company is not generating returns on its equity base. The equity ratio is not explicitly calculated but appears to be stable given the equity and asset figures.

Cash Flow

Cash flow analysis shows negative operating and free cash flows, with a free cash flow growth rate of -12.95% TTM. The operating cash flow to net income ratio is -2.81, indicating cash outflows exceed net income losses. The free cash flow to net income ratio is slightly positive at 1.06, suggesting some alignment between cash flow and accounting losses, but overall cash management remains a concern.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	25.08M	26.63M	38.02M	46.83M	35.81M	30.86M
Gross Profit	-9.87M	-12.78M	-5.77M	2.90M	-2.57M	-24.96M
EBITDA	-70.67M	-83.84M	-103.64M	-74.09M	-63.14M	-73.09M
Net Income	-80.27M	-93.92M	-109.55M	-78.94M	-68.29M	-77.57M
Balance Sheet
Total Assets	―	147.96M	266.15M	351.81M	61.95M	51.74M
Cash, Cash Equivalents and Short-Term Investments	―	64.44M	167.90M	265.24M	2.67M	2.40M
Total Debt	―	799.00K	1.94M	3.23M	9.37M	5.00M
Total Liabilities	―	32.84M	60.28M	45.01M	42.03M	49.72M
Stockholders Equity	―	115.11M	205.86M	306.80M	19.93M	2.02M
Cash Flow
Free Cash Flow	-71.70M	-101.93M	-96.92M	-103.76M	-84.49M	-56.96M
Operating Cash Flow	-67.52M	-93.86M	-83.46M	-89.68M	-74.54M	-53.71M
Investing Cash Flow	-4.18M	-8.07M	-13.46M	-14.08M	-9.95M	-3.24M
Financing Cash Flow	-238.00K	-1.44M	-412.00K	366.33M	84.76M	58.30M

LiveWire Group Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 4.31
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For LVWR, the sentiment is Negative. The current price of 4.31 is above the 20-day moving average (MA) of 2.70, above the 50-day MA of 3.77, and above the 200-day MA of 3.96, indicating a bearish trend. The MACD of -0.47 indicates Negative momentum. The RSI at 34.10 is Neutral, neither overbought nor oversold. The STOCH value of 14.04 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for LVWR.

LiveWire Group Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
NIU	50 Neutral	$238.57M	-67.82	-2.29%	―	51.03%	90.70%
EVTV	47 Neutral	$10.09M	-0.20	-267.76%	―	113.69%	-84.50%
FFAI	46 Neutral	$210.20M	-0.22	-1210.96%	―	19.55%	96.09%
LOT	43 Neutral	$805.42M	-0.94	―	―	-38.55%	21.59%
LVWR	42 Neutral	$497.73M	-5.53	-80.49%	―	-19.01%	23.18%
WKHS	42 Neutral	$10.52M	-0.02	-162.44%	―	16.74%	81.14%

LiveWire Group Corporate Events

LiveWire Group Adds Harley-Davidson COO to Board

On January 5, 2026, LiveWire Group, Inc. announced that Bryan Niketh, who serves as Chief Operating Officer of Harley-Davidson, Inc., was appointed to its Board of Directors, effective the same day. Niketh will not receive additional compensation for his board role, underscoring the governance and strategic alignment between LiveWire and Harley-Davidson, which may reinforce operational and oversight ties between the two companies.

The most recent analyst rating on (LVWR) stock is a Hold with a $3.50 price target. To see the full list of analyst forecasts on LiveWire Group stock, see the LVWR Stock Forecast page.