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An announcement from Westport Fuel Systems ( (TSE:WPRT) ) is now available.
On May 13, 2025, Westport Fuel Systems reported its financial results for the first quarter of 2025, highlighting a significant reduction in net loss from $13.6 million in Q1 2024 to $2.5 million. This improvement was driven by increased gross profit and decreased operating expenses. The company is realigning its focus on hard-to-decarbonize applications in heavy-duty trucking, supported by the proposed sale of its light-duty business to enhance cash flow and fund growth in its Cespira joint venture. Despite a 9% decrease in overall revenue, the company is optimistic about its strategic direction, particularly in the alternative fuel market, as evidenced by increased demand for Volvo’s gas-powered trucks utilizing Westport’s HPDI technology.
The most recent analyst rating on (TSE:WPRT) stock is a Buy with a C$22.00 price target. To see the full list of analyst forecasts on Westport Fuel Systems stock, see the TSE:WPRT Stock Forecast page.
Spark’s Take on TSE:WPRT Stock
According to Spark, TipRanks’ AI Analyst, TSE:WPRT is a Neutral.
Westport Fuel Systems faces significant financial and technical challenges, including negative net income, declining revenue, and bearish technical indicators. The strategic divestment of its light-duty business and improved margins are positive steps but are overshadowed by liquidity concerns and a negative valuation outlook, resulting in a below-average score.
To see Spark’s full report on TSE:WPRT stock, click here.
More about Westport Fuel Systems
Westport Fuel Systems Inc. operates in the clean technology sector, focusing on alternative fuel systems and technologies. The company is known for its High Pressure Direct Injection (HPDI) systems and collaborates with major industry players like Volvo Group to develop solutions for long-haul and heavy-duty trucking, emphasizing the shift towards alternative fuels.
Average Trading Volume: 5,356
Technical Sentiment Signal: Sell
Current Market Cap: C$69.13M
For detailed information about WPRT stock, go to TipRanks’ Stock Analysis page.
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