Why These 15 Electric Vehicle Stocks Are Plunging in 2025

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10. Winnebago Industries Inc (NYSE:WGO)

Number of Hedge Fund Holders In Q4 2024: 21

Winnebago Industries Inc (NYSE:WGO) makes recreational vehicles (RVs). This includes motorhomes, travel trailers, fifth-wheel products, boats, and specialty vehicles, under brands like Winnebago, Grand Design, Newmar, Barletta, and Chris-Craft.

The stock is down significantly so far in 2025 as it reduced its fiscal 2025 revenue forecast to $2.8 billion to $3.0 billion from the previous range of $2.9 billion to $3.2 billion and adjusted earnings per share guidance to $2.75-$3.75 from $3.10-$4.40.

Moreover, revenue for Q2 FY2025 fell 11.8% year-over-year to $620.2 million. The company reported a net loss of $0.02 per share, compared to a profit of $0.95 per share in the same quarter last year.

Adjusted EBITDA also dropped by 54.2% year-over-year due to declining margins in key segments like Motorhome RVs.

The consensus price target of $58 implies 67.58% upside.

WGO stock is down 27.69% year-to-date.

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