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GreenPower Motor Company Inc. (GP)
NASDAQ:GP
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GreenPower Motor (GP) AI Stock Analysis

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GP

GreenPower Motor

(NASDAQ:GP)

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Neutral 43 (OpenAI - Gpt-5.6Sol)
Rating:43Neutral
Price Target:
$0.82
â–¼(-34.40% Downside)
Action:Reiterated
Date:09/06/26
The score is driven down primarily by weak financial performance (high leverage, persistent cash burn, and ongoing net losses) and bearish technical momentum (below all major moving averages with very low RSI/Stoch). A low P/E provides some valuation support, but it does not outweigh the balance-sheet and cash-flow risks.
Positive Factors
Purpose-built EV portfolio
A diversified, purpose-built electric vehicle portfolio gives GreenPower exposure to several institutional and commercial transportation applications. Serving school districts, transit agencies, and fleet operators can support broader market access and reduce reliance on a single vehicle category over the next several quarters.
Negative Factors
Declining revenue and persistent losses
Falling revenue alongside a deeply negative net margin shows that GreenPower has not yet established durable operating leverage. Continued losses can constrain investment, weaken negotiating flexibility, and make future growth dependent on external financing rather than internally generated earnings.
Read all positive and negative factors
Positive Factors
Negative Factors
Purpose-built EV portfolio
A diversified, purpose-built electric vehicle portfolio gives GreenPower exposure to several institutional and commercial transportation applications. Serving school districts, transit agencies, and fleet operators can support broader market access and reduce reliance on a single vehicle category over the next several quarters.
Read all positive factors

GreenPower Motor (GP) vs. SPDR S&P 500 ETF (SPY)

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...
How the Company Makes Money
GreenPower primarily makes money by selling battery-electric vehicles to institutional and commercial customers. The company’s core revenue stream is product revenue from the sale of its electric buses and commercial EVs (e.g., school buses, trans...

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.
Read all updates
Q3-2025 Updates
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
Financial statements are weak overall: revenue is declining (TTM -6.8%; FY2026 -17%), profitability remains deeply negative (TTM net margin ~-33%), and cash flow is consistently negative (TTM operating and free cash flow about -$6.1M). The balance sheet is the biggest risk with very high leverage (debt-to-equity ~13x) and only a small equity base, despite some improvement versus prior loss levels.
Income Statement
24
Negative
Balance Sheet
12
Very Negative
Cash Flow
18
Very Negative
BreakdownJun 2026Jun 2025Mar 2024Jun 2023Jun 2022
Income Statement
Total Revenue16.39M19.85M39.27M39.70M17.24M
Gross Profit9.22M2.20M5.36M7.25M3.88M
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 Assets30.69M35.07M45.20M63.57M49.61M
Cash, Cash Equivalents and Short-Term Investments328.09K344.24K1.15M600.80K884.78K
Total Debt20.14M19.93M16.80M15.15M5.89M
Total Liabilities29.14M36.68M33.64M35.89M15.22M
Stockholders Equity1.55M-1.61M11.57M27.68M34.39M
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 Flow11.95K-83.17K-761.53K303.19K-536.09K
Financing Cash Flow6.11M5.10M2.32M8.19M12.66M

GreenPower Motor Technical Analysis

Technical Analysis Sentiment
Negative
Last Price1.25
Price Trends
50DMA
1.50
Negative
100DMA
1.28
Negative
200DMA
1.17
Positive
Market Momentum
MACD
-0.01
Positive
RSI
33.34
Neutral
STOCH
26.94
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 1.55, below the 50-day MA of 1.50, and above the 200-day MA of 1.17, indicating a neutral trend. The MACD of -0.01 indicates Positive momentum. The RSI at 33.34 is Neutral, neither overbought nor oversold. The STOCH value of 26.94 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GP.

GreenPower Motor Peers Comparison

Overall Rating
UnderperformOutperform
Sector (63)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
63
Neutral
$10.79B15.437.44%2.01%2.89%-14.66%
* Industrials Sector Average
Performance Comparison

GreenPower Motor Corporate Events

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 ...
GreenPower Motor Bolsters Equity Through Preferred Share Conversions and New Funding Facility
Jul 10, 2026
During the year ended March 31, 2026, GreenPower Motor reclassified its Series A convertible preferred shares, initially treated as equity, to a liability of $1.64 million, which was then transferred to share capital as the shares were converted i...
GreenPower Motor Hit with Canadian Cease Trade Order After Annual Filing Delay, Nasdaq Trading Unaffected
Jul 7, 2026
GreenPower Motor Company Inc., a Vancouver-based OEM, designs and manufactures all-electric medium- and heavy-duty vehicles, including transit and school buses, shuttles, cargo vans and cab-and-chassis platforms. Its purpose-built, zero-emission b...
GreenPower Motor Boosts Equity by $3.8 Million Through Q2 Conversions and Share Issuance
Jul 2, 2026
During the quarter ended June 30, 2026, GreenPower Motor Company Inc. completed a series of balance-sheet transactions aimed at strengthening its capital structure and increasing shareholders’ equity. The moves involved converting related-pa...
GreenPower Motor Raises US$1.425 Million in Third Tranche of Series A Preferred Financing
Jul 1, 2026
On June 30, 2026, GreenPower Motor Company completed the third tranche of its Series A Convertible Preferred Share financing, issuing 1,500 preferred shares in a private placement for gross proceeds of US$1.425 million with an institutional invest...
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.Date of analysis: Sep 06, 2026