Envirotech Vehicles, Inc.

Envirotech Vehicles, Inc. Stock Forecast & Price Prediction

Live Envirotech Vehicles, Inc. Stock (EVTV) Price
$1.45

0

Ratings

  • Buy 0
  • Hold 0
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$1.45

P/E Ratio

-1.73

Volume Traded Today

$11,648

Dividend

Dividends not available for EVTV

52 Week High/low

3.20/1.06

Envirotech Vehicles, Inc. Market Cap

$28.4M

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EVTV Summary

The Envirotech Vehicles, Inc. (EVTV) share price is expected to decrease by 100% over the next year. This is based on calculating the average 12-month share price estimate provided by 0 stock analysts who have covered EVTV. Price targets range from $ at the low end to $ at the high end. The current analyst consensus for EVTV is a sell. Please note analyst price targets are not guaranteed and could be missed completely.

EVTV Analyst Ratings

Envirotech Vehicles, Inc. has a total of 0 Wall St Analyst ratings. There are 0 buy ratings, 0 ratings, and 0 sell ratings. Since most analysts have a sell consensus rating, the expectation is that Envirotech Vehicles, Inc. will perform worse than the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.

EVTV stock forecast by analyst

These are the latest 20 analyst ratings of EVTV.

Analyst/Firm

Rating

Price Target

Change

Date

Data Not Found!

EVTV Company Information

What They Do: Manufactures zero-emission electric vehicles.

Business Model: The company generates revenue by manufacturing and selling a range of electric vehicles, including logistics vans, urban trucks, school buses, and more. Additionally, it provides maintenance and safety inspection services, catering to commercial fleets, educational institutions, and public transportation companies.

Other Information: Envirotech Vehicles, Inc. was formerly known as ADOMANI, Inc. and rebranded in May 2021. The company is headquartered in Osceola, Arkansas, positioning it to serve various transportation needs across the United States.
EVTV
Envirotech Vehicles, Inc. (EVTV)

When did it IPO

2017

Staff Count

14

Country

United States

Sector/Industry

Consumer Cyclical/Auto Manufacturers

CEO

Mr. Phillip W. Oldridge

Market Cap

$28.4M

Envirotech Vehicles, Inc. (EVTV) Financial Data

In 2023, EVTV generated $2.9M in revenue, which was a decrease of -36.45% from the previous year. This can be seen as a signal that EVTV's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

$88,735

Revenue From 2021

$2.0M

2,202.19 %
From Previous Year

Revenue From 2022

$4.5M

120.51 %
From Previous Year

Revenue From 2023

$2.9M

-36.45 %
From Previous Year
  • Revenue TTM $1.8M
  • Operating Margin TTM -163.0%
  • Gross profit TTM $1.0M
  • Return on assets TTM -19.8%
  • Return on equity TTM -61.7%
  • Profit Margin 35.1%
  • Book Value Per Share 1.16%
  • Market capitalisation $28.4M
  • Revenue for 2021 $2.0M
  • Revenue for 2022 $4.5M
  • Revenue for 2023 $2.9M
  • EPS this year (TTM) $-0.96

Envirotech Vehicles, Inc. (EVTV) Latest News

News Image

Sat, 07 Dec 2024

Sentiment - NEUTRAL

Source - Accesswire

Summary - Envirotech Vehicles, Inc. (NASDAQ:EVTV) will present its annual Chairman's Award in January 2025, recognizing businesses that have positively transformed using its vehicles.

Why It Matters - The establishment of the Envirotech Chairman's Award may enhance brand reputation and customer loyalty, potentially driving sales and positively impacting stock performance for Envirotech Vehicles.

News Image

Wed, 04 Dec 2024

Sentiment - NEUTRAL

Source - Accesswire

Summary - Envirotech Vehicles, Inc. (NASDAQ:EVTV) announced that Newark Public Library is utilizing two of its electric delivery vans for transportation between libraries, supported by the NJ Zero-Emission Incentive Program.

Why It Matters - Envirotech's electric vans contract with Newark Public Library highlights growing demand for sustainable transport solutions, potentially boosting EVTV's market position and attracting environmentally conscious investors.

News Image

Fri, 06 Dec 2024

Sentiment - NEUTRAL

Source - Accesswire

Summary - Envirotech Vehicles, Inc. (NASDAQ: EVTV) reported that Sardo Bus & Coach Upholstery is successfully using two of its electric delivery vans in California for their operations.

Why It Matters - Envirotechโ€™s electric vans gaining traction with a reputable client highlights demand growth and potential revenue increases, signaling positive market reception for electric vehicle solutions.

News Image

Mon, 02 Dec 2024

Sentiment - NEUTRAL

Source - Accesswire

Summary - Envirotech Vehicles, Inc. (NASDAQ:EVTV) has delivered 76 electric vehicles under New Jersey's Zero-Emission Incentive Program, supporting local business owners with sustainable transport solutions.

Why It Matters - Envirotech's delivery of 76 electric vehicles boosts revenue and market presence, signaling growth potential in the green transport sector and enhancing investor confidence in sustainability initiatives.

News Image

Tue, 03 Dec 2024

Sentiment - NEUTRAL

Source - Accesswire

Summary - Envirotech Vehicles, Inc. (NASDAQ:EVTV) opened a certified maintenance facility in New Jersey to support its 76 vehicles under the NJ ZIP program and future deliveries, highlighting its commitment to local EV owners.

Why It Matters - Envirotech's new maintenance facility in New Jersey enhances operational support for its electric vehicles, potentially boosting sales and customer satisfaction in a growing market for EVs.

News Image

Fri, 29 Nov 2024

Sentiment - NEUTRAL

Source - Accesswire

Summary - Envirotech Vehicles, Inc. (NASDAQ:EVTV) plans to expand its vehicle offerings under California's HVIP and participate in the ISEF program, submitting paperwork to CARB in December 2024.

Why It Matters - Envirotech's expansion into California's incentive programs signals growth potential and market opportunity in the electric vehicle sector, which could enhance revenue and investor confidence.

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EVTV Frequently asked questions

The highest forecasted price for EVTV is $ from at .

The lowest forecasted price for EVTV is $ from from

The EVTV analyst ratings consensus are 0 buy ratings, 0 hold ratings, and 0 sell ratings.