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Twin Vee PowerCats ( (VEEE) ) has issued an announcement.
On December 4, 2025, Twin Vee PowerCats Co. held its annual meeting of stockholders, where Carol Craig and Larry Swets, Jr. were elected to the board of directors, replacing Marcia Kull and Neil Ross. The meeting also saw the ratification of Grassi & Co. CPAs, P.C. as the company’s independent auditor and approved the company’s reincorporation from Delaware to Nevada. The election of Craig and Swets is expected to bring expertise in public markets and manufacturing to the company, potentially enhancing its strategic capital deployment and operational innovation.
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.
Twin Vee PowerCats faces significant financial challenges, with declining profitability and negative cash flows being the most pressing concerns. However, strategic initiatives to expand the dealer network and operational improvements provide some optimism. The technical analysis shows mixed signals, and the valuation is unattractive due to the negative P/E ratio. The earnings call provided positive insights into the company’s strategic focus, contributing positively to the overall score.
To see Spark’s full report on VEEE stock, click here.
More about Twin Vee PowerCats
Twin Vee PowerCats Co. is a manufacturer, distributor, and marketer of power sport boats, recognized for their stable, fuel-efficient, and smooth-riding catamaran hull designs. The company operates under the Twin Vee and Bahama Boats brands, offering products for fishing, cruising, and recreational use. Based in Fort Pierce, Florida, Twin Vee has been in the boat-building industry for 30 years and is known for its craftsmanship and dedication to producing high-quality offshore fishing vessels.
Average Trading Volume: 1,221,746
Technical Sentiment Signal: Sell
Current Market Cap: $5.28M
Find detailed analytics on VEEE stock on TipRanks’ Stock Analysis page.