GreenPower Motor Company Inc. (GP) AI Stock Analysis

GreenPower Motor Company Inc., based in Vancouver, Canada, designs, manufactures, and distributes commercial electric vehicles for markets in the United States and Canada. Its product suite features high-floor and low-floor medium- and heavy-duty vehicles used in transit, school transportation, shuttles, cargo transport, double-decker bus configurations, and cab-and-chassis formats. The company sells directly to customers and works through a distributor network to expand adoption of its electric propulsion platforms across diverse commercial end markets.

GreenPower's revenue peaked at $39.7M in FY2023 following 130.3% growth, but subsequently contracted to $39.3M in FY2024, $19.8M in FY2025, and $16.4M in FY2026. Gross margin rebounded to 56.2% in FY2026 from 11.1% in FY2025, while net losses narrowed to -$5.5M compared to -$18.7M in FY2025. Over the 5-year period from FY2021 to FY2026, revenue CAGR stood at 4.3%. In the latest quarter ended June 30, 2026, quarterly revenue growth declined 71.7% year-over-year, bringing trailing twelve-month revenue to $15.3M with an EPS of -$3.45.

As of June 30, 2026, GreenPower held $17,556 in cash and short-term investments alongside total debt of $19.3M, resulting in net debt of $19.3M. Total assets stood at $31.2M against shareholders' equity of $2.3M, representing a debt-to-equity ratio of 8.34 and a current ratio of 1.49. In FY2026, operating cash flow was -$6.2M and free cash flow was -$6.2M, with capital expenditures of $1. The company's share count changed -74.5% over five years.

At a last close of $0.32 on October 16, 2026, GreenPower carries a market capitalization of $676,428 and an enterprise value of $25.6M. The stock trades at a forward P/E of 51.3x, compared to a median of 17.2x for its US-listed Industrials peers. Its price-to-sales multiple is 0.0x versus the peer median of 1.5x, and its EV-to-revenue ratio is 1.6x. Over the past year, GP shares declined 89.5%, underperforming the SPY return of 16.8%, and the stock is down 99.8% over the past 5 years.

Analysts have established a mean price target of $1.50 for GreenPower, representing a 365.8% upside relative to the last close of $0.32. For the next fiscal year, the consensus estimates forecast an EPS of $0.00 on revenue of $0. The company has beaten EPS expectations in 3 of the last 4 quarters, and its next earnings release is scheduled for November 10, 2026.

This page is an AI-written research summary of GreenPower Motor Company Inc. (GP). 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: GP income statement, GP balance sheet, GP key metrics, GP analyst forecast, GP chart. See the GP stock overview for the latest quote and news.