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GreenPower Motor
(NASDAQ:GP)
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Rating:43Neutral
Price Target:
$1.50
â–²(20.00% Upside)
Action:Upgraded
Date:10/20/26
The score is primarily constrained by weak financial performance: ongoing net losses, persistent negative operating/free cash flow, and very high leverage relative to equity. Technicals also remain bearish with the price below major moving averages and negative MACD, though oversold RSI/Stoch readings provide some offset. Valuation appears low on P/E, but it is not enough to outweigh the balance-sheet and cash-burn risks.
Positive Factors
Gross Margin Improvement
The sharp improvement in gross margin indicates better recent economics on vehicles sold and creates more potential to absorb operating costs. Although profitability remains negative, maintaining stronger product-level margins would improve the foundation for eventual operating leverage.
Negative Factors
Declining Revenue and Losses
Declining and volatile revenue shows that GreenPower has not yet established consistent commercial growth, while ongoing net losses indicate that gross profit is insufficient to cover operating costs. This limits internal funding capacity and makes durable earnings improvement dependent on stronger scale or cost control.
Read all positive and negative factors
Positive Factors
Negative Factors
Gross Margin Improvement
The sharp improvement in gross margin indicates better recent economics on vehicles sold and creates more potential to absorb operating costs. Although profitability remains negative, maintaining stronger product-level margins would improve the foundation for eventual operating leverage.
Read all positive factors
GreenPower Motor (GP) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$3.05M
Dividend YieldN/A
Average Volume (3M)719.45K
Price to Earnings (P/E)―
Beta (1Y)1.08
Revenue Growth-16.96%
EPS Growth88.81%
CountryUS
Employees164
SectorIndustrials
Sector Strength72
IndustryAuto - Manufacturers
Share Statistics
EPS (TTM)-132.12
Shares Outstanding2,100,710
10 Day Avg. Volume2,064,065
30 Day Avg. Volume719,445
Financial Highlights & Ratios
PEG Ratio<0.01
Price to Book (P/B)2.35
Price to Sales (P/S)0.22
P/FCF Ratio-0.59
Enterprise Value/Market Cap13.40
Enterprise Value/Revenue2.67
Enterprise Value/Gross Profit4.61
Enterprise Value/Ebitda-448.52
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)-14.5
Revenue Forecast (FY)$45.65M
GreenPower Motor Business Overview & Revenue Model
Company Description
GreenPower Motor Company Inc. manufactures and distributes electric commercial vehicles and transit, school, and charter buses in the United States and Canada. The company offers school bus, commercial goods, and commercial passenger line vehicles...
GreenPower Motor Earnings Call Summary
Earnings Call Date:Feb 14, 2025
(Q3-2025)
| % Change Since: |
Next Earnings Date:Nov 17, 2026
Earnings Call Sentiment Neutral
The earnings call highlighted strong revenue growth and gross profit improvement driven by increased demand for electric school buses and operational efficiencies. However, challenges such as the performance of the truck body division, federal funding uncertainties, and increased SG&A expenses were noted.Positive Updates
Revenue Growth
GreenPower Motor Company generated revenue of $7.2 million, a 35% increase over the previous quarter.
Negative Updates
Truck Body Division Challenges
The truck body division faced lower-than-target gross profit margins due to market overcapacity and lower demand.
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Q3-2025 Updates
Positive
Negative
Revenue Growth
GreenPower Motor Company generated revenue of $7.2 million, a 35% increase over the previous quarter.
Read all positive updates
Company Guidance
During GreenPower Motor Company's third-quarter earnings call, a number of key metrics and updates were provided. The company reported a revenue of $7.2 million, marking a 35% increase over the prior quarter, with a gross profit of approximately $1.05 million or 14.6% of revenues. This improvement was largely driven by sales of 13 BEAST Type D all-electric school buses, one Nano BEAST Type A school bus, and 14 EV Star model vehicles. GreenPower also highlighted its efforts to increase production output from its West Virginia facility, aiming for one BEAST per week, with plans to scale to two units per week by April. Additionally, they are consolidating their California operations into a single facility to enhance efficiency, which is anticipated to contribute to lower general and administrative expenses and improved gross profit margins over time. The company continues to leverage its EDC revolving credit facility and EDC-backed letters of credit to fund production, with $1.2 million in available liquidity and $3.9 million in capacity for additional letters of credit. Furthermore, GreenPower raised $3 million in an underwritten offering to support the production of all-electric vehicles and product development. The call also discussed the increasing demand for electric school buses, driven by health concerns and driver shortages, and the company's strategic focus on vehicle-to-grid options to enhance grid stability.GreenPower Motor Financial Statement Overview
Summary
Income Statement
24
Negative
Balance Sheet
12
Very Negative
Cash Flow
18
Very Negative
| Breakdown | Jun 2026 | Jun 2025 | Mar 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 16.39M | 19.85M | 39.27M | 39.70M | 17.24M |
| Gross Profit | 9.22M | 2.20M | 5.36M | 7.25M | 3.88M |
| EBITDA | -1.85M | -14.82M | -14.93M | -12.27M | -13.83M |
| Net Income | -5.48M | -18.66M | -18.34M | -15.04M | -15.01M |
Balance Sheet | |||||
| Total Assets | 30.69M | 35.07M | 45.20M | 63.57M | 49.61M |
| Cash, Cash Equivalents and Short-Term Investments | 328.09K | 344.24K | 1.15M | 600.80K | 884.78K |
| Total Debt | 20.14M | 19.93M | 16.80M | 15.15M | 5.89M |
| Total Liabilities | 29.14M | 36.68M | 33.64M | 35.89M | 15.22M |
| Stockholders Equity | 1.55M | -1.61M | 11.57M | 27.68M | 34.39M |
Cash Flow | |||||
| Free Cash Flow | -6.18M | -6.07M | -1.49M | -15.11M | -20.88M |
| Operating Cash Flow | -6.18M | -5.99M | -1.13M | -14.76M | -20.34M |
| Investing Cash Flow | 11.95K | -83.17K | -761.53K | 303.19K | -536.09K |
| Financing Cash Flow | 6.11M | 5.10M | 2.32M | 8.19M | 12.66M |
GreenPower Motor Technical Analysis
Negative
1.25
Price Trends
4.06
Negative
5.56
Negative
5.41
Negative
Market Momentum
-0.70
Negative
25.93
Positive
46.33
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GP, the sentiment is Negative. The current price of 1.25 is below the 20-day moving average (MA) of 2.04, below the 50-day MA of 4.06, and below the 200-day MA of 5.41, indicating a bearish trend. The MACD of -0.70 indicates Negative momentum. The RSI at 25.93 is Positive, neither overbought nor oversold. The STOCH value of 46.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GP.
GreenPower Motor Risk Analysis
GreenPower Motor disclosed 35 risk factors in its most recent earnings report. GreenPower Motor reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
GreenPower Motor Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% |
* Industrials Sector Average
Performance Comparison
GreenPower Motor Corporate Events
GreenPower Motor Faces Nasdaq Bid-Price Compliance Deadline After Share Slump
Oct 16, 2026
GreenPower Motor Company Inc., a Vancouver-based manufacturer of all-electric, purpose-built medium and heavy-duty vehicles, serves the cargo and delivery, shuttle and transit and school bus markets in North America. The company designs and builds...
GreenPower Motor Sets October 19 Effective Date for One-for-Five Share Consolidation
Oct 15, 2026
On October 15, 2026, GreenPower Motor Company announced that Nasdaq has approved a consolidation of its common shares on a one-for-five basis. The share consolidation will take effect at the opening of trading on October 19, 2026, with the company...
GreenPower Motor Launches Mexico-Focused Plan for 50 EV Star All-Electric Shuttle Buses
Oct 13, 2026
On October 13, 2026, GreenPower Motor announced plans for an initial tranche of 50 all‑electric shuttle buses based on its EV Star Cab Chassis platform, to be jointly developed with a new strategic partner that has secured more than $2.5 bi...
GreenPower Motor Completes Fourth Tranche of Series A Preferred Financing
Aug 18, 2026
On August 18, 2026, GreenPower Motor Company announced it had completed the fourth tranche of its Series A Convertible Preferred Share financing under a private placement facility with an institutional investor. The company issued 1,500 preferred ...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.