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An announcement from EZGO Technologies ( (EZGO) ) is now available.
On May 6, 2026, EZGO Technologies’ board approved a 1-for-150 reverse share split of its ordinary shares, combining every 150 issued shares into one, with fractional shares rounded to the nearest whole share. The move, which does not require shareholder approval under British Virgin Islands law, will cut the share count from about 345.9 million to roughly 2.3 million.
The reverse split will take effect for trading purposes on May 19, 2026, when EZGO’s stock will continue on the Nasdaq Capital Market under the EZGO symbol but with a new CUSIP. Management said the action is intended to lift the per-share price and help the company maintain compliance with Nasdaq’s continued listing requirements, a key step for preserving market visibility and access to U.S. capital markets for existing and prospective investors.
Spark’s Take on EZGO Stock
According to Spark, TipRanks’ AI Analyst, EZGO is a Underperform.
The score is driven primarily by weak financial performance—persistent losses, very low margins, and ongoing negative free cash flow—despite only moderate leverage. Technicals also lean negative with price far below major moving averages and a negative MACD. Valuation provides limited support due to negative earnings (negative P/E) and no dividend yield.
To see Spark’s full report on EZGO stock, click here.
More about EZGO Technologies
EZGO Technologies Ltd. is a China-based provider of short-distance transportation solutions, leveraging an Internet of Things platform and two e-bicycle brands, EZGO and Cenbird. The company focuses on designing, manufacturing and selling two- and three-wheeled electric vehicles, intelligent robots and related accessories such as batteries, charging piles and electronic control systems, targeting the Chinese market and select international regions.
Average Trading Volume: 61,695,893
Technical Sentiment Signal: Sell
Current Market Cap: $557.6K
For detailed information about EZGO stock, go to TipRanks’ Stock Analysis page.

