GreenPower Motor (GP) Stock Forecast, Price & News

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for GreenPower Motor in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" GP shares.
View GP analyst ratings or view top-rated stocks.

2 Wall Street analysts have issued 12 month price objectives for GreenPower Motor's stock. Their GP share price forecasts range from $6.00 to $6.00. On average, they anticipate the company's share price to reach $6.00 in the next year. This suggests a possible upside of 100.7% from the stock's current price.
View analysts price targets for GP or view top-rated stocks among Wall Street analysts.

GreenPower Motor's stock was trading at $1.73 on January 1st, 2023. Since then, GP stock has increased by 72.8% and is now trading at $2.99.
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GreenPower Motor saw a increase in short interest in the month of August. As of August 31st, there was short interest totaling 370,000 shares, an increase of 11.1% from the August 15th total of 333,100 shares. Based on an average daily trading volume, of 693,500 shares, the short-interest ratio is presently 0.5 days. Approximately 2.1% of the company's shares are sold short.
View GreenPower Motor's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, November 13th 2023.
View our GP earnings forecast.

GreenPower Motor Company Inc. (NASDAQ:GP) released its earnings results on Friday, August, 11th. The company reported ($0.11) earnings per share for the quarter, topping the consensus estimate of ($0.12) by $0.01. The company had revenue of $17.58 million for the quarter, compared to analysts' expectations of $16.22 million. GreenPower Motor had a negative net margin of 25.25% and a negative trailing twelve-month return on equity of 48.86%.

Based on aggregate information from My MarketBeat watchlists, some companies that other GreenPower Motor investors own include Hyliion (HYLN), Activision Blizzard (ATVI), Alpha and Omega Semiconductor (AOSL), Aemetis (AMTX), Advanced Micro Devices (AMD), Aileron Therapeutics (ALRN), AIM ImmunoTech (AIM) and Automatic Data Processing (ADP).

(GP) raised $38 million in an IPO on Friday, August 28th 2020. The company issued 1,900,000 shares at a price of $20.00 per share. B.Riley FBR and Roth Capital Partners acted as the underwriters for the IPO and ThinkEquity, Maxim Group and PI Financial Corp. were co-managers.

GreenPower Motor trades on the NASDAQ under the ticker symbol "GP."

GreenPower Motor's stock is owned by many different institutional and retail investors. Top institutional shareholders include Osaic Holdings Inc. (0.24%), Osaic Holdings Inc. (0.24%), Vontobel Holding Ltd. (0.14%), Renaissance Technologies LLC (0.11%), Simplex Trading LLC (0.00%) and Citadel Advisors LLC (0.00%).
View institutional ownership trends.

Shares of GP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of GP stock can currently be purchased for approximately $2.99.

GreenPower Motor (NASDAQ:GP) has a market capitalization of $74.60 million and generates $39.70 million in revenue each year. The company earns $-15,040,000.00 in net income (profit) each year or ($0.56) on an earnings per share basis.

The company employs 112 workers across the globe.

GreenPower Motor's mailing address is SUITE 240 - 209 CARRALL STREET, VANCOUVER A1, V6B 2J2. The official website for the company is www.greenpowerbus.com. The company can be reached via phone at (604) 563-4144 or via email at mike.cole@greenpowerbus.com.