Risk factor
Very high price volatility
Profitability factor
Greatly undervalued vs peers
About
GreenPower Motor Company Inc., based in Vancouver, Canada, specializes in the engineering, fabrication, and supply of electric vehicles primarily for commercial applications across the United States and Canada. Their comprehensive product portfolio encompasses a diverse selection of electric medium and heavy-duty vehicles, offered in both high-floor and low-floor configurations. This extensive range includes urban transit buses, school transport vehicles, shuttle vans, cargo delivery vans, double-decker coaches, and a versatile cab and chassis platform. GreenPower provides these vehicles to customers through direct sales and leasing options, in addition to utilizing an established network of distribution partners.
Company Valuation
From both historical and forecast perspectives, the stock is considerably underpriced compared to similar stocks.
Target Price
The average target price of GP is 1.5 and suggests 38% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to increase