From what 0 stock analysts predict, the share price for GreenPower Motor Company Inc. (GP) might increase by 153.19% in the next year. This is based on a 12-month average estimation for GP. Price targets go from $2.25 to $2.5. The majority of stock analysts believe GP is a sell. Please note analyst price targets are not guaranteed and could be missed completely.
GreenPower Motor Company 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 GreenPower Motor Company 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.
These are the latest 20 analyst ratings of GP.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Guy Ortmann RF Lafferty | Buy | $3 | Initiates | Sep 11, 2024 |
Craig Irwin Roth MKM | Buy | $1.65 | Maintains | Aug 16, 2024 |
Craig Irwin Roth MKM | Buy | $3 | Reiterates | Apr 23, 2024 |
Craig Irwin Roth MKM | Buy | $3 | Maintains | Apr 1, 2024 |
Craig Irwin Roth MKM | Buy | $7 | Maintains | Nov 16, 2023 |
Gregory Lewis BTIG | Neutral | Downgrade | Nov 15, 2023 | |
Tate Sullivan Maxim Group | Buy | $6 | Maintains | Oct 23, 2023 |
Christopher Souther B. Riley Securities | Buy | $6 | Maintains | Jul 20, 2023 |
Christopher Souther B. Riley Securities | Buy | $5 | Reiterates | Jun 21, 2023 |
Christopher Souther B. Riley Securities | Buy | $5 | Maintains | Nov 16, 2022 |
Tate Sullivan Maxim Group | Buy | $9 | Maintains | Jul 6, 2022 |
Roth Capital | Neutral | Downgrade | Dec 22, 2021 | |
Craig Irwin Roth Capital | Neutral | $13 | Downgrade | Nov 15, 2021 |
Tate Sullivan Maxim Group | Buy | $40 | Maintains | Jan 14, 2021 |
BTIG | Buy | Initiates | Sep 29, 2020 | |
B. Riley Securities | Buy | Initiates | Sep 8, 2020 |
When did it IPO
2015
Staff Count
116
Country
Canada
Sector/Industry
Industrials/Farm & Heavy Construction Machinery
CEO
Mr. Fraser Atkinson CPA, CA
Market Cap
$27.7M
In 2023, GP generated $39.7M in revenue, which was a increase of 130.30% from the previous year. This can be seen as a signal that GP's business is growing, and its share price could be worth more 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
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - GreenPower Motor Company closed a public offering of 3,000,000 shares at $1.00 each, raising $3 million. An option for underwriters to buy an additional 450,000 shares is also available.
Why It Matters - GreenPower's public offering raises $3 million, enhancing liquidity for growth initiatives. The potential for additional shares may indicate strong demand, influencing market perception and stock performance.
Summary - GreenPower Motor (NASDAQ: GP) secured an order for 50 electric school buses for seven West Virginia counties, funded by the EPA Clean School Bus Program. Models include Type D and Type A buses.
Why It Matters - GreenPower Motor's order for 50 electric school buses signals strong demand for clean transportation, potentially boosting revenue and market share amid increasing environmental regulations.
Summary - GreenPower Motor Company (NASDAQ: GP) announced an order for 50 all-electric school buses for seven West Virginia school districts, funded by the EPA Clean School Bus Program.
Why It Matters - GreenPower's contract for 50 electric buses funded by the EPA signals strong demand and government support for green initiatives, potentially boosting revenue and market position.
Summary - GreenPower Motor Company Inc. plans an underwritten public offering of its common shares and/or pre-funded warrants, with all shares to be sold by the company.
Why It Matters - GreenPower's public offering may dilute existing shares, impacting stock value. It signals capital-raising efforts, potentially for expansion or R&D, influencing future growth prospects.
Summary - GreenPower Motor Company (NASDAQ: GP) announced a public offering of 3 million shares at $1.00 each, aiming for gross proceeds of $3 million, before expenses.
Why It Matters - GreenPower's public offering of 3 million shares at $1 each raises $3 million, impacting liquidity and potentially diluting existing shares, affecting stock valuation and investor sentiment.
Summary - GreenPower Motor Company (NASDAQ: GP) is selling tradable emissions compliance credits from its zero-emission vehicle production, indicating potential ongoing revenue from these credits.
Why It Matters - GreenPower's sale of emissions compliance credits can enhance revenue, indicating growth potential and profitability, which may positively impact its stock value and investor confidence.