GreenPower Reports Revenue of $39.3 Million for Fiscal 2024

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Roth/MKM Positive on GreenPower Motor Company Inc (GP): 'We would be opportunistic buyers on weakness'

July 2, 2024 8:58 AM EDT

Roth/MKM analyst Craig Irwin reiterated a Buy rating and $3.00 price target on GreenPower Motor Company Inc (NASDAQ: GP).

The analyst comments "We maintain our Buy rating on GreenPower considering a low breakeven on delivery of just 50-60 units per quarter, depending... More

BTIG Reiterates Neutral Rating on GreenPower Motor Company Inc (GP)

July 1, 2024 12:04 PM EDT

BTIG analyst Greg Lewis reiterated a Neutral rating and {REMOVEPT} price target on GreenPower Motor Company Inc (NASDAQ: GP).

The analyst comments "Over the weekend, GP reported FY4Q24 revenue of ~ $5.1M (consensus ~$8.7M) pointing to an adjusted EBITDA loss of ~$4.1M (consensus loss of ~$2.8M) with the stock flattish by mid-morning. While GP has seen its share price decline ~67% so far this year in line with most other... More