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EZGO Technologies
(NASDAQ:EZGO)
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Rating:41Neutral
Price Target:
$0.73
▼(-22.55% Downside)
Action:Upgraded
Date:10/16/26
The score is primarily weighed down by weak financial performance (persistent losses, thin margins, and ongoing cash burn), reinforced by bearish technical signals (trading below key moving averages with negative MACD). Valuation metrics provided do not add support due to an uninformative P/E value and no dividend yield.
Positive Factors
Electric mobility platform
EZGO’s electric-bicycle and mobility-product focus aligns its business with the broader shift toward electric transportation. Combining direct-to-consumer sales with dealer and retail partners provides multiple customer-access routes and can support broader distribution as micromobility adoption develops.
Negative Factors
Unsustainable profitability
Very low gross margins leave limited contribution from each sale to cover operating expenses, making profitability difficult to achieve even when revenue grows. The large 2025 net loss shows that EZGO’s current business economics remain structurally weak and require significant improvement.
Read all positive and negative factors
Positive Factors
Negative Factors
Electric mobility platform
EZGO’s electric-bicycle and mobility-product focus aligns its business with the broader shift toward electric transportation. Combining direct-to-consumer sales with dealer and retail partners provides multiple customer-access routes and can support broader distribution as micromobility adoption develops.
Read all positive factors
EZGO Technologies (EZGO) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$1.71M
Dividend YieldN/A
Average Volume (3M)184.91K
Price to Earnings (P/E)―
Beta (1Y)0.45
Revenue Growth6.06%
EPS Growth-619.20%
CountryUS
Employees60
SectorConsumer Cyclical
Sector Strength84
IndustryAuto - Recreational Vehicles
Share Statistics
EPS (TTM)-887.55
Shares Outstanding2,305,899
10 Day Avg. Volume53,024
30 Day Avg. Volume184,909
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)0.10
Price to Sales (P/S)0.24
P/FCF Ratio-1.14
Enterprise Value/Market Cap7.95
Enterprise Value/Revenue0.67
Enterprise Value/Gross Profit12.99
Enterprise Value/Ebitda-1.38
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
EZGO Technologies Business Overview & Revenue Model
Company Description
EZGO Technologies Ltd., together with its subsidiaries, designs, manufactures, rents, and sells e-bicycles and e-tricycles in the People's Republic of China. It operates in three segments: Sales of Battery Cells and Packs; Sales of Electronic Cont...
EZGO Technologies Financial Statement Overview
Summary
Income Statement
22
Negative
Balance Sheet
55
Neutral
Cash Flow
28
Negative
| Breakdown | TTM | Sep 2025 | Sep 2024 | Sep 2023 | Sep 2022 | Sep 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 20.28M | 20.49M | 18.22M | 9.16M | 17.39M | 23.42M |
| Gross Profit | 1.05M | 1.33M | 1.70M | 1.03M | 219.04K | 382.48K |
| EBITDA | -9.81M | -7.57M | -5.85M | -3.39M | -6.00M | -3.30M |
| Net Income | -11.17M | -8.69M | -7.28M | -6.78M | -6.46M | -2.98M |
Balance Sheet | ||||||
| Total Assets | 80.22M | 69.07M | 85.36M | 81.92M | 47.51M | 42.01M |
| Cash, Cash Equivalents and Short-Term Investments | 811.85K | 517.34K | 5.96M | 17.94M | 5.12M | 8.28M |
| Total Debt | 11.24M | 11.43M | 14.73M | 6.10M | 2.81M | 310.39K |
| Total Liabilities | 18.57M | 18.11M | 24.38M | 15.42M | 13.97M | 9.48M |
| Stockholders Equity | 59.10M | 48.40M | 58.57M | 63.39M | 30.64M | 28.52M |
Cash Flow | ||||||
| Free Cash Flow | -10.21M | -4.28M | -14.43M | -12.37M | -10.59M | -12.98M |
| Operating Cash Flow | -8.67M | -2.21M | -10.31M | -9.11M | -10.36M | -6.26M |
| Investing Cash Flow | 10.18M | -495.77K | -11.24M | -13.97M | -4.48M | -11.04M |
| Financing Cash Flow | 171.49K | -1.22M | 8.63M | 36.17M | 14.24M | 22.76M |
EZGO Technologies Technical Analysis
Negative
0.94
Price Trends
0.89
Negative
1.05
Negative
90.82
Negative
Market Momentum
-0.06
Negative
35.94
Neutral
18.53
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For EZGO, the sentiment is Negative. The current price of 0.94 is above the 20-day moving average (MA) of 0.83, above the 50-day MA of 0.89, and below the 200-day MA of 90.82, indicating a bearish trend. The MACD of -0.06 indicates Negative momentum. The RSI at 35.94 is Neutral, neither overbought nor oversold. The STOCH value of 18.53 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for EZGO.
EZGO Technologies Risk Analysis
EZGO Technologies disclosed 67 risk factors in its most recent earnings report. EZGO Technologies 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
EZGO Technologies Peers Comparison
UnderperformOutperform
Sector (61)
EZGO
EZGO Technologies
0.74
-570.01
-99.87%
VMAR
Vision Marine Technologies
7.70
-6,112.30
-99.87%
VEEE
Twin Vee PowerCats
9.21
-74.04
-88.94%
EZGO Technologies Corporate Events
EZGO Technologies Closes US$1.5 Million PIPE Financing
Aug 20, 2026
On August 5, 2026, EZGO Technologies Ltd. entered into a securities purchase agreement with certain non-U.S. investors for a private investment in public equity, agreeing to sell 3,000,000 ordinary shares at US$0.50 per share for gross proceeds of...
EZGO Technologies Posts Wider Loss on Lower Battery Sales in First Half 2026
Aug 14, 2026
On August 14, 2026, EZGO Technologies filed a Form 6-K reporting unaudited financial results for the six months ended March 31, 2026, showing net revenues of about $6.36 million, down 3.1% year on year. The filing highlighted a significantly wider...
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.