EZGO Technologies Ltd. (EZGO) AI Stock Analysis

Founded in 2014 and based in Changzhou, China, EZGO Technologies Ltd. designs, manufactures, rents, and sells electric bicycles and electric tricycles. The company operates through two segments: Battery Cells and Packs, and E-Bicycle Sales. It rents and sells Hengmao lithium batteries to power e-bicycles and e-tricycles marketed under brands including Dilang, Cenbird, and EZGO. Additionally, the company sells, franchises, and operates Hengdian smart charging piles for electric vehicles and devices. EZGO Technologies also develops, operates, and maintains proprietary software systems to support e-bicycle and battery rental fleet operations across China.

EZGO generated revenue of $23.4M in FY2021 before dropping to $17.4M in FY2022 and $9.2M in FY2023. Revenue rebounded 98.9% to $18.2M in FY2024 and expanded 12.4% to $20.5M in FY2025, yielding a 5-year revenue CAGR of 6.1% from FY2020. However, net losses deepened each fiscal year, reaching -$8.7M in FY2025 with a net margin of -42.4% and an operating margin of -9.5%. For the trailing twelve months, revenue was $20.3M with an operating margin of -48.7% and net profit margin of -55.0%. For the quarter ended June 30, 2026, quarterly revenue fell 3.1% year-over-year, while quarterly earnings grew 77.1%.

As of June 30, 2026, EZGO held $811,852 in cash and short-term investments against total debt of $11.2M, resulting in net debt of $10.4M. The company reported shareholders' equity of $59.1M and total assets of $80.2M, with a current ratio of 3.07 and a debt-to-equity ratio of 0.19. Operating cash flow stood at -$2.2M and free cash flow was -$4.3M in FY2025. In addition, FY2025 capital expenditures were $2.1M, and the 5-year share count change was -95.0%.

EZGO has a market capitalization of $4.1M and an enterprise value of $14.9M. The stock trades at a price-to-sales multiple of 0.2x and an EV-to-EBITDA multiple of 1.5x, well below the median of its US-listed Consumer Cyclical peers of 0.7x and 11.1x, respectively. The company also trades at a price-to-book multiple of 0.1x. Over the past year, EZGO delivered a return of -99.9%, compared with 16.8% for the S&P 500 (SPY). Over five years, the stock dropped 100.0% versus an 83.0% gain for the benchmark.

EZGO recorded 0 EPS beats over the trailing four quarters. There are no formal analyst consensus ratings, price targets, or forward earnings forecasts published for the company. Following the last close at $0.77 on October 16, 2026, shares trade near their 52-week low of $0.72 and far below the 52-week high of $1098.75. The stock exhibits a beta of 1.68, reflecting elevated historical volatility. Institutional investors own 0.3% of the equity, while insider ownership stands at 0.0% and short interest accounts for 0.5% of the float.

This page is an AI-written research summary of EZGO Technologies Ltd. (EZGO). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

Related: EZGO income statement, EZGO balance sheet, EZGO key metrics, EZGO chart. See the EZGO stock overview for the latest quote and news.