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Twin Vee PowerCats ( (VEEE) ) has issued an announcement.
On October 31, 2025, Twin Vee PowerCats Co., through its subsidiary Forza X1, Inc., completed the sale of a commercial property in Marion, North Carolina, to Highland Myco Holdings, LLC for $4.25 million. The transaction included a $500,000 cash payment and a $3.75 million secured promissory note, with installments due over two years. This sale, announced on November 3, 2025, resulted in a net cash gain of $447,684.04 for Forza after closing costs and taxes, and an unaudited gain on sale of $241,061, impacting the company’s financial position by removing assets held for sale and recognizing a long-term note receivable.
The most recent analyst rating on (VEEE) stock is a Hold with a $2.50 price target. To see the full list of analyst forecasts on Twin Vee PowerCats stock, see the VEEE Stock Forecast page.
Spark’s Take on VEEE Stock
According to Spark, TipRanks’ AI Analyst, VEEE is a Neutral.
The overall stock score is primarily impacted by the company’s financial struggles, including profitability and cash flow issues. Positive developments from the earnings call, such as revenue growth and strategic initiatives, provide some optimism but are offset by valuation concerns and technical indicators suggesting mixed market sentiment.
To see Spark’s full report on VEEE stock, click here.
More about Twin Vee PowerCats
Twin Vee PowerCats Co. operates in the marine industry, focusing on the design and manufacture of power catamarans. Its subsidiary, Forza X1, Inc., is involved in developing electric boats, indicating a focus on innovative and sustainable marine solutions.
Average Trading Volume: 1,658,804
Technical Sentiment Signal: Sell
Current Market Cap: $5.95M
See more insights into VEEE stock on TipRanks’ Stock Analysis page.