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The latest update is out from Vision Marine Technologies ( (VMAR) ).
On June 18, 2025, Vision Marine Technologies announced that its E-Motion™ 180E systems have been approved under California’s CORE Voucher Program, making them eligible for up to $170,000 in per-unit government vouchers. This approval is expected to significantly enhance Vision Marine’s market position and accelerate the adoption of electric propulsion technology in California’s commercial marine sector, which includes approximately 4,400 vessels. The move aligns with the broader industry momentum towards electrification and is anticipated to benefit Vision Marine by increasing demand for its products in a market seeking cleaner alternatives to traditional gas and diesel propulsion.
The most recent analyst rating on (VMAR) stock is a Buy with a $12.00 price target. To see the full list of analyst forecasts on Vision Marine Technologies stock, see the VMAR Stock Forecast page.
Spark’s Take on VMAR Stock
According to Spark, TipRanks’ AI Analyst, VMAR is a Neutral.
Vision Marine Technologies has a low overall stock score due to significant financial struggles, including declining revenues and persistent losses. Technical indicators are mixed, suggesting cautious market momentum. Valuation concerns also weigh heavily, as reflected in the negative P/E ratio. The absence of earnings call or significant corporate events data provides no additional insights to offset these challenges.
To see Spark’s full report on VMAR stock, click here.
More about Vision Marine Technologies
Vision Marine Technologies Inc. is a pioneer in electric marine propulsion, dedicated to delivering high-performance, sustainable solutions for the recreational boating industry. Its flagship E-Motion™ 180E system delivers 180 HP of continuous power through a fully integrated, scalable electric powertrain platform. Built for reliability and commercial-grade use, Vision Marine’s solutions serve OEMs, fleet operators, government agencies, and rental services across North America.
Average Trading Volume: 93,562
Technical Sentiment Signal: Sell
Current Market Cap: $8.66M
For detailed information about VMAR stock, go to TipRanks’ Stock Analysis page.