Envirotech Vehicles, Inc.

Envirotech Vehicles, Inc. Stock Forecast & Price Prediction

Live Envirotech Vehicles, Inc. Stock (EVTV) Price
$1.89

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

$1.89

P/E Ratio

-2.20

Volume Traded Today

$54,258

Dividend

Dividends not available for EVTV

52 Week High/low

3.20/0.92

Envirotech Vehicles, Inc. Market Cap

$29.7M

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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

  • Company Name: Envirotech Vehicles, Inc. (formerly ADOMANI, Inc.)
  • Headquarters: Osceola, Arkansas
  • Business Focus: Manufacture and provision of zero-emission electric vehicles in the United States
  • Product Range:
    • Class 2 logistics vans
    • Class 4 urban trucks
    • School buses
    • Electric forklifts
    • Street sweepers
    • Neighborhood electric vehicles
    • Right-hand drive vans and urban trucks
  • Additional Services: Vehicle maintenance and safety inspection services
  • Target Customers:
    • Commercial and last-mile fleets
    • School districts
    • Public and private transportation service companies
    • Colleges and universities
EVTV
Envirotech Vehicles, Inc. (EVTV)

When did it IPO

N/A

Staff Count

14

Country

United States

Sector/Industry

Consumer Cyclical/Auto Manufacturers

CEO

Mr. Phillip W. Oldridge

Market Cap

$29.7M

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 $29.7M
  • Revenue for 2021 $2.0M
  • Revenue for 2022 $4.5M
  • Revenue for 2023 $2.9M
  • EPS this year (TTM) $-0.95

Envirotech Vehicles, Inc. (EVTV) Latest News

News Image

Wed, 18 Oct 2023

Sentiment - NEUTRAL

Source - Accesswire

Summary - OSCEOLA, AR / ACCESSWIRE / October 18, 2023 / Envirotech Vehicles, Inc. (NASDAQ:EVTV), ("EVTV" or "the Company"), announced today that it has received a letter from the Nasdaq Stock Market, LLC ("Nasdaq") stating that the Company has regained compliance with the Nasdaq Stock Market, LLC Listing Rule 5250(c)(1)(the "Rule"). The Rule requires listed companies to timely file all required periodic financial reports with the Securities and Exchange Commission (SEC).

News Image

Fri, 22 Sep 2023

Sentiment - NEUTRAL

Source - Accesswire

Summary - OSCEOLA, AR / ACCESWIRE / September 22, 2023 / Envirotech Vehicles, Inc. (NASDAQ:EVTV), ("EVTV" or "the Company"), announced that after market close today, September 22, 2023, the Company filed its amended Form 10-Q for the period ended March 31, 2022, amended Form 10-Q for the period ended June 30, 2022, and amended Form 10-Q for the period ended September 30, 2022.The Company expects to file its Form 10-K for the period ended December 31, 2022 shortly thereafter. EVTV expects to file its Form 10-Q for the period ended March 31, 2023 and Form 10-Q for the period ended June 30, 2023 by October 16, 2023, upon completion of the review currently being conducted by the Company's independent registered public accounting firm.

News Image

Tue, 12 Sep 2023

Sentiment - NEUTRAL

Source - Accesswire

Summary - OSCEOLA, AR / ACCESSWIRE / September 12, 2023 / Envirotech Vehicles, Inc. (NASDAQ:EVTV), a provider of new zero-emission, purpose-built electric vehicles ("EVTV" or "the Company"), today provided an update on its Philippines facility, which is progressing according to the Company's plans. EVTV has secured and taken possession of a 3,000 square meter final assembly facility located in Clark Free Trade Zone (formerly the US Clark Air Force Base).

News Image

Thu, 07 Sep 2023

Sentiment - NEUTRAL

Source - Accesswire

Summary - Correcting the date for filing the Form 10-Q for the period ended March 31, 2023 OSCEOLA, AR / September 7, 2023 / Envirotech Vehicles, Inc. (NASDAQ:EVTV), ("EVTV" or "the Company"), announced today that it has received a letter from the Nasdaq Stock Market, LLC ("Nasdaq") stating that it has accepted the Company's request for an additional extension to file its delinquent annual and quarterly filings. According to the plan that EVTV has provided to Nasdaq, the Company expects to file its Form 10-K for the period ended December 31, 2022 by September 22, 2023, and to file the Forms 10-Q for the period ended March 31, 2023 and the period ended June 30, 2023 by October 16, 2023 upon completion of the audit currently being conducted by the Company's independent registered public accounting firm.

News Image

Thu, 07 Sep 2023

Sentiment - NEUTRAL

Source - Accesswire

Summary - OSCEOLA, AR. / ACCESSWIRE / September 7, 2023 / Envirotech Vehicles, Inc. (NASDAQ:EVTV), ("EVTV" or "the Company"), announced today that it has received a letter from the Nasdaq Stock Market, LLC ("Nasdaq") stating that it has accepted the Company's request for an additional extension to file its delinquent annual and quarterly filings.

News Image

Wed, 23 Aug 2023

Sentiment - NEUTRAL

Source - Accesswire

Summary - OSCEOLA, AR / ACCESSWIRE / August 23, 2023 / Envirotech Vehicles, Inc. (NASDAQ:EVTV), ("EVTV" or "the Company"), announced today that it received a notification letter from the Nasdaq Stock Market, LLC ("Nasdaq") stating that the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1) because it has not yet filed its Form 10-Q for the period ended June 30, 2023 and because it remains delinquent in filing its Form 10-K for the period ended December 31, 2022 and Form 10-Q for the period ended March 31, 2023, as previously disclosed. In accordance with the prior notification letter regarding the delayed filing of the Form 10-K, EVTV has until September 1, 2023 to submit a plan to regain compliance with the Nasdaq Listing Rules.

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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.