GreenPower Motor (GP) Stock Forecast, Price & News

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for GreenPower Motor in the last year. There are currently 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" GP shares.
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3 equities research analysts have issued 1-year price objectives for GreenPower Motor's stock. Their GP share price forecasts range from $5.00 to $7.00. On average, they predict the company's stock price to reach $6.00 in the next year. This suggests a possible upside of 136.2% from the stock's current price.
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GreenPower Motor's stock was trading at $1.73 at the start of the year. Since then, GP stock has increased by 46.8% and is now trading at $2.54.
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The company is scheduled to release its next quarterly earnings announcement on Friday, July 7th 2023.
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GreenPower Motor Company Inc. (NASDAQ:GP) released its quarterly earnings results on Monday, February, 13th. The company reported ($0.14) EPS for the quarter, hitting the consensus estimate of ($0.14). The business earned $12.77 million during the quarter, compared to the consensus estimate of $7.95 million. GreenPower Motor had a negative trailing twelve-month return on equity of 59.51% and a negative net margin of 63.60%. During the same quarter in the prior year, the company posted ($0.13) earnings per share.

iShares Frontier and Select EM ETF holds 321,524 shares of GP stock, representing 0.12% of its portfolio.

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), Ampio Pharmaceuticals (AMPE), 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 $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 a variety of retail and institutional investors. Top institutional shareholders include Renaissance Technologies LLC (0.24%), Susquehanna International Group LLP (0.13%) and Simplex Trading LLC (0.00%).
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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 $2.54.

GreenPower Motor (NASDAQ:GP) has a market capitalization of $63.37 million and generates $17.24 million in revenue each year. The company earns $-14,400,000.00 in net income (profit) each year or ($0.80) on an earnings per share basis.

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.