GreenPower Motor Company Inc.

GreenPower Motor Company Inc. Stock Forecast & Price Prediction

Live GreenPower Motor Company Inc. Stock (GP) Price
$0.94

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

$0.94

P/E Ratio

-1.27

Volume Traded Today

$99,856

Dividend

Dividends not available for GP

52 Week High/low

3.46/0.70

GreenPower Motor Company Inc. Market Cap

$27.7M

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GP Summary

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.

GP Analyst Ratings

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.

GP stock forecast by analyst

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

GP Company Information

What They Do: Designs and manufactures electric vehicles.

Business Model: The company generates revenue by designing, manufacturing, and distributing electric vehicles tailored for commercial markets. It also leases its vehicles to customers, providing a steady income stream while expanding its market presence in the U.S. and Canada.

Other Information: Founded in 2010 and headquartered in Vancouver, Canada, GreenPower Motor Company Inc. serves various sectors, including delivery, public transit, and micro-transit, making it well-positioned to capitalize on the growing demand for sustainable transportation solutions.
GP
GreenPower Motor Company Inc. (GP)

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

GreenPower Motor Company Inc. (GP) Financial Data

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

N/A

Revenue From 2021

$13.3M

0.00 %
From Previous Year

Revenue From 2022

$17.2M

29.73 %
From Previous Year

Revenue From 2023

$39.7M

130.30 %
From Previous Year
  • Revenue TTM $24.7M
  • Operating Margin TTM -163.7%
  • Gross profit TTM $5.4M
  • Return on assets TTM -24.6%
  • Return on equity TTM -120.2%
  • Profit Margin -84.7%
  • Book Value Per Share 0.33%
  • Market capitalisation $27.7M
  • Revenue for 2021 $13.3M
  • Revenue for 2022 $17.2M
  • Revenue for 2023 $39.7M
  • EPS this year (TTM) $-0.84

GreenPower Motor Company Inc. (GP) Latest News

News Image

Wed, 30 Oct 2024

Sentiment - NEUTRAL

Source - PRNewsWire

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.

News Image

Mon, 28 Oct 2024

Sentiment - POSITIVE

Source - Green Stock News

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.

News Image

Mon, 28 Oct 2024

Sentiment - NEUTRAL

Source - PRNewsWire

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.

News Image

Mon, 28 Oct 2024

Sentiment - NEUTRAL

Source - PRNewsWire

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.

News Image

Mon, 28 Oct 2024

Sentiment - NEUTRAL

Source - PRNewsWire

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.

News Image

Fri, 25 Oct 2024

Sentiment - NEUTRAL

Source - PRNewsWire

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.

...

GP Frequently asked questions

The highest forecasted price for GP is $2.5 from at .

The lowest forecasted price for GP is $2.25 from from

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