Envirotech Vehicles (EVTV)
NASDAQ:EVTV
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Envirotech Vehicles
(NASDAQ:EVTV)
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Rating:47Neutral
Price Target:
$2.00
▼(-20.32% Downside)
Action:UpgradedDate:01/27/26
The score is held down primarily by weak financial fundamentals—worsening losses, negative gross profit, sharply reduced equity with higher leverage, and continued cash burn. Technicals are comparatively strong with price above major moving averages and positive MACD, but valuation remains challenged by negative earnings and corporate events add listing/compliance uncertainty despite the equity raise.
Positive Factors
Revenue Growth Momentum
A large, sustained revenue rebound demonstrates meaningful market traction for EVTV's commercial vehicles. Strong top-line growth provides a foundation to scale manufacturing, spread fixed costs, and invest in service networks; if sustained, it materially improves the path to durable profitability.
Negative Factors
Negative Gross Profit and Widening Losses
Negative gross profit means unit economics are broken: production or supply costs exceed revenues on core vehicles. Without structural cost reductions, improved yields, or pricing power, scaling revenue will enlarge losses, impede margin recovery, and threaten long-term viability regardless of demand growth.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Growth Momentum
A large, sustained revenue rebound demonstrates meaningful market traction for EVTV's commercial vehicles. Strong top-line growth provides a foundation to scale manufacturing, spread fixed costs, and invest in service networks; if sustained, it materially improves the path to durable profitability.
Read all positive factors
Envirotech Vehicles (EVTV) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$9.56M
Dividend YieldN/A
Average Volume (3M)675.19K
Price to Earnings (P/E)―
Beta (1Y)0.64
Revenue Growth113.69%
EPS Growth-84.50%
CountryUS
Employees22
SectorConsumer Cyclical
Sector Strength84
IndustryAuto - Manufacturers
Share Statistics
EPS (TTM)-0.64
Shares Outstanding4,829,515
10 Day Avg. Volume119,138
30 Day Avg. Volume675,191
Financial Highlights & Ratios
PEG Ratio0.64
Price to Book (P/B)9.37
Price to Sales (P/S)104.88
P/FCF Ratio-49.84
Enterprise Value/Market Cap1.14
Enterprise Value/Revenue2.94
Enterprise Value/Gross Profit-9.49
Enterprise Value/Ebitda-0.67
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Envirotech Vehicles Business Overview & Revenue Model
Company Description
Envirotech Vehicles, Inc. provides zero-emission electric vehicles in the United States. The company also offers vehicle maintenance and inspection services. It serves commercial and last-mile fleets, school districts, public and private transport...
How the Company Makes Money
Envirotech Vehicles generates revenue through the sale of its electric vehicles, which includes both direct sales to customers and potential lease agreements. The company also earns income from maintenance services and parts sales for its vehicles...
Envirotech Vehicles Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
22
Negative
Cash Flow
20
Very Negative
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 3.70M | 1.87M | 2.86M | 4.50M | 2.04M | 88.73K |
| Gross Profit | -1.15M | 488.80K | 1.01M | 1.73M | 761.38K | 15.18K |
| EBITDA | -16.20M | -7.73M | -7.49M | -6.66M | -6.97M | -386.29K |
| Net Income | -27.87M | -8.85M | -12.68M | -43.80M | -7.65M | -279.52K |
Balance Sheet | ||||||
| Total Assets | 18.20M | 32.67M | 22.65M | 33.48M | 75.31M | 2.41M |
| Cash, Cash Equivalents and Short-Term Investments | 77.59K | 1.94M | 456.72K | 5.10M | 12.85M | 136.22K |
| Total Debt | 3.97M | 3.84M | 806.55K | 232.44K | 178.71K | 152.84K |
| Total Liabilities | 16.33M | 11.75M | 2.02M | 1.49M | 1.57M | 2.88M |
| Stockholders Equity | 1.86M | 20.92M | 20.63M | 31.99M | 73.74M | -472.16K |
Cash Flow | ||||||
| Free Cash Flow | -7.33M | -3.94M | -4.28M | -7.60M | -12.96M | 1.45M |
| Operating Cash Flow | -6.95M | -3.50M | -4.25M | -7.43M | -12.94M | 1.53M |
| Investing Cash Flow | -4.65M | -4.71M | 2.31M | 5.51M | -4.68M | -73.09K |
| Financing Cash Flow | 11.00M | 9.70M | -430.48K | -156.69K | 20.59M | 152.84K |
Envirotech Vehicles Technical Analysis
Positive
2.51
Price Trends
1.78
Positive
1.53
Positive
1.69
Positive
Market Momentum
0.02
Negative
59.84
Neutral
73.89
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For EVTV, the sentiment is Positive. The current price of 2.51 is above the 20-day moving average (MA) of 1.64, above the 50-day MA of 1.78, and above the 200-day MA of 1.69, indicating a bullish trend. The MACD of 0.02 indicates Negative momentum. The RSI at 59.84 is Neutral, neither overbought nor oversold. The STOCH value of 73.89 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for EVTV.
Envirotech Vehicles Risk Analysis
Envirotech Vehicles disclosed 47 risk factors in its most recent earnings report. Envirotech Vehicles reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Envirotech Vehicles Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
47 Neutral | $9.56M | -0.21 | -294.40% | ― | 113.69% | -84.50% | |
46 Neutral | $26.44M | ― | -198.95% | ― | 16.74% | 81.14% | |
45 Neutral | $142.77M | -0.19 | -81.39% | ― | -36.52% | 99.81% | |
43 Neutral | $1.55M | ― | 308.19% | ― | 5865.42% | 98.16% | |
43 Neutral | $7.49M | -1.12 | -30.79% | ― | -56.89% | 12.17% | |
40 Underperform | $2.96M | -0.08 | -121.52% | ― | -100.00% | 11.41% |
* Consumer Cyclical Sector Average
EVTV
Envirotech Vehicles
1.98
-0.59
-22.87%
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Envirotech Vehicles Corporate Events
Delistings and Listing ChangesRegulatory Filings and ComplianceShareholder Meetings
Envirotech Vehicles Faces Nasdaq Compliance and Meeting Challenges
Negative
Jan 20, 2026
On January 15, 2026, Envirotech Vehicles, Inc. received a notice from Nasdaq’s Listing Qualifications Department indicating that the company was no longer in compliance with the exchange’s requirement to hold an annual stockholdersR...
Delistings and Listing ChangesFinancial DisclosuresPrivate Placements and FinancingRegulatory Filings and Compliance
Envirotech Vehicles Raises Equity to Maintain Nasdaq Listing
Positive
Jan 13, 2026
Envirotech Vehicles, Inc. reported that as of September 30, 2025, it had stockholders’ equity of approximately $1.86 million, and during the fourth quarter of 2025 it fully repaid $2.85 million in principal and accrued interest on outstandin...
Shareholder Meetings
Envirotech Vehicles Adjourns 2025 Annual Stockholder Meeting
Neutral
Dec 30, 2025
On December 30, 2025, Envirotech Vehicles, Inc. convened its 2025 Annual Meeting of Stockholders but immediately adjourned it to January 20, 2026, due to a lack of quorum, keeping November 13, 2025, as the record date for voting eligibility. Durin...
Executive/Board ChangesShareholder Meetings
Envirotech Vehicles Board Member Melissa Barcellos to Depart
Neutral
Nov 17, 2025
On November 12, 2025, Melissa Barcellos announced she will not seek re-election to Envirotech Vehicles, Inc.’s Board of Directors at the 2025 Annual Meeting of Stockholders. Having served since March 2021, her decision is not due to any disa...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.