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Home โบ Stocks โบ GreenPower Motor Company Inc. (GP) Stock Forecast & Price Prediction Canada | NASDAQ | Industrials | Farm & Heavy Construction Machinery
$1.17
-0.02 (-1.68%)Did GP Make This Month's Elite Buy List?
We don't follow just any analyst โ only the top 3% with a proven track record make our cut. See if GreenPower is one of their latest high-conviction picks.
GP has shown a year-to-date change of 50.0% and a 1-year change of -85.8%, reflecting downward momentum over the past year. Comprehensive analyst forecasts are currently unavailable for GP. Please refer to the price chart above for recent performance and trends.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
These are the latest 20 analyst ratings and price targets for GP.
| Date | Firm | Analyst | Rating | Change | Price Target |
|---|---|---|---|---|---|
| Sep 11, 2024 | RF Lafferty | Guy Ortmann | Buy | Initiates | $3.00 |
| Aug 16, 2024 | Roth MKM | Craig Irwin | Buy | Maintains | $1.65 |
| Apr 23, 2024 | Roth MKM | Craig Irwin | Buy | Reiterates | $3.00 |
| Apr 1, 2024 | Roth MKM | Craig Irwin | Buy | Maintains | $3.00 |
| Nov 16, 2023 | Roth MKM | Craig Irwin | Buy | Maintains | $7.00 |
| Nov 15, 2023 | BTIG | Gregory Lewis | Neutral | Downgrade | $N/A |
| Oct 23, 2023 | Maxim Group | Tate Sullivan | Buy | Maintains | $6.00 |
| Jul 20, 2023 | B. Riley Securities | Christopher Souther | Buy | Maintains | $6.00 |
| Jun 21, 2023 | B. Riley Securities | Christopher Souther | Buy | Reiterates | $5.00 |
| Nov 16, 2022 | B. Riley Securities | Christopher Souther | Buy | Maintains | $5.00 |
| Jul 6, 2022 | Maxim Group | Tate Sullivan | Buy | Maintains | $9.00 |
| Dec 22, 2021 | Roth Capital | Neutral | Downgrade | $N/A | |
| Nov 15, 2021 | Roth Capital | Craig Irwin | Neutral | Downgrade | $13.00 |
| Jan 14, 2021 | Maxim Group | Tate Sullivan | Buy | Maintains | $40.00 |
| Sep 29, 2020 | BTIG | Buy | Initiates | $N/A | |
| Sep 8, 2020 | B. Riley Securities | Buy | Initiates | $N/A |
The following stocks are similar to GreenPower based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
GreenPower Motor Company Inc. has a market capitalization of $3.63M with a P/E ratio of -0.2x. The company generates $15.54M in trailing twelve-month revenue with a -105.1% profit margin.
Revenue growth is -53.4% quarter-over-quarter, while maintaining an operating margin of -117.6% and return on equity of +1,162.1%.
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Designs and manufactures electric vehicles for commercial markets.
GreenPower Motor Company generates revenue by designing, manufacturing, and distributing electric vehicles tailored for commercial use, primarily through leasing arrangements with customers in sectors like public transportation, education, and logistics. The company focuses on zero-emission vehicles, which positions it well within the growing demand for sustainable transportation solutions.
Founded in 2010 and headquartered in Vancouver, Canada, GreenPower is part of the industrial sector, targeting markets in the U.S. and Canada. The company plays a significant role in the transition to electrification of commercial fleets, aligning with global initiatives to reduce carbon emissions.
Industrials
Farm & Heavy Construction Machinery
116
Mr. Fraser Atkinson CPA, CA
Canada
2015
GreenPower Motor Company (NASDAQ: GP) will establish operations in Santa Teresa, NM, supported by the state, creating over 340 jobs and generating over $200 million in economic impact.
The agreement for GreenPower to establish operations in New Mexico signals economic growth and job creation, boosting investor confidence in the company's potential and the EV market.
GreenPower Motor Company has secured $5 million in financing from CIBC, including a $3M revolving line of credit and a $2M term loan. They also received approval for a $450,000 letter of credit.
GreenPower's new financing enhances liquidity, enabling growth and operational flexibility. This signals confidence from lenders, potentially boosting investor sentiment and stock performance.
GreenPower Motor Company will open a manufacturing facility in New Mexico, citing the state's electric vehicle ecosystem, Foreign Trade Zone status, and financial incentives as key factors.
GreenPower's new facility in New Mexico leverages local incentives and infrastructure, potentially boosting production and sales, which could enhance profitability and shareholder value.
GreenPower Motor Company (Nasdaq: GP) announced its EV Star vehicles qualify for up to $130,000 in incentives under California's HVIP program, which has $140 million in funding available.
GreenPower Motor Company stands to gain significantly from the HVIP program, enhancing its sales potential and market position in the growing EV sector, which may positively impact stock performance.
GreenPower Motor Companyโs EV Star line is eligible for over $90,000 in incentives from New Jersey's Zero-Emission Incentive Program, enhancing its market appeal in electric vehicles.
GreenPower's EV Star eligibility for over $90,000 in incentives enhances its market appeal, potentially boosting sales and revenue, positively impacting stock performance.
GreenPower Motor Company (NASDAQ: GP) will retain over $6 million in deposits for EV Star Cab & Chassis, with no obligation to deliver vehicles, converting these deposits from deferred revenue.
GreenPower's retention of over $6 million in deposits without delivering vehicles indicates strong cash flow and reduced liability, potentially boosting investor confidence and stock performance.
Analyst forecasts for GreenPower Motor Company Inc. (GP) are not currently available. The stock is trading at $1.17.
According to current analyst ratings, GP has 0 Buy ratings, 1 Hold ratings, and 0 Sell ratings. The stock is currently trading at $1.17. Always conduct your own research and consider your investment goals before making investment decisions.
Price predictions from Wall Street analysts for GP are not currently available. The stock is trading at $1.17.
GreenPower Motor Company generates revenue by designing, manufacturing, and distributing electric vehicles tailored for commercial use, primarily through leasing arrangements with customers in sectors like public transportation, education, and logistics. The company focuses on zero-emission vehicles, which positions it well within the growing demand for sustainable transportation solutions.
Price targets from Wall Street analysts for GP are not currently available. The stock is trading at $1.17.
Price targets from Wall Street analysts for GP are not currently available. The stock is trading at $1.17.
The overall analyst consensus for GP is neutral. Out of 6 Wall Street analysts, 0 rate it as Buy, 1 as Hold, and 0 as Sell.
Stock price projections, including those for GreenPower Motor Company Inc., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. 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.