Envirotech Vehicles (EVTV)
NASDAQ:EVTV
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Envirotech Vehicles
(NASDAQ:EVTV)
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Rating:48Neutral
Price Target:
$2.00
▼(-20.32% Downside)
Action:ReiteratedDate:04/14/26
The score is primarily constrained by weak financial performance: severe profitability deterioration, ongoing cash burn, and negative equity materially elevate risk. Technicals are moderately supportive with price above major moving averages and positive MACD, but valuation remains challenged due to losses (negative P/E). Recent corporate events modestly help by resolving Nasdaq compliance, though governance concerns and potential dilution remain.
Positive Factors
Revenue Recovery
A meaningful 2025 revenue rebound demonstrates renewed demand and traction in the company’s end markets, providing a foundation to scale operations and absorb fixed costs. Sustained top-line recovery over coming quarters would improve leverage potential and make cash generation initiatives more viable.
Negative Factors
Severe Profitability Deterioration
Extremely negative gross and net margins indicate a structurally unsustainable cost base and poor gross-profit economics, limiting ability to achieve profitability even with revenue growth. Without material margin recovery or cost reengineering, the business will remain reliant on external capital and face long-term viability risks.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Recovery
A meaningful 2025 revenue rebound demonstrates renewed demand and traction in the company’s end markets, providing a foundation to scale operations and absorb fixed costs. Sustained top-line recovery over coming quarters would improve leverage potential and make cash generation initiatives more viable.
Read all positive factors
Envirotech Vehicles (EVTV) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$23.02M
Dividend YieldN/A
Average Volume (3M)675.19K
Price to Earnings (P/E)―
Beta (1Y)0.43
Revenue Growth217.58%
EPS Growth-127.04%
CountryUS
Employees22
SectorConsumer Cyclical
Sector Strength84
IndustryAuto - Manufacturers
Share Statistics
EPS (TTM)-0.64
Shares Outstanding12,930,719
10 Day Avg. Volume119,138
30 Day Avg. Volume675,191
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)-0.65
Price to Sales (P/S)0.98
P/FCF Ratio-1.01
Enterprise Value/Market Cap0.28
Enterprise Value/Revenue1.07
Enterprise Value/Gross Profit-0.48
Enterprise Value/Ebitda-0.22
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
null...
Envirotech Vehicles Financial Statement Overview
Summary
Income Statement
8
Very Negative
Balance Sheet
12
Very Negative
Cash Flow
10
Very Negative
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Mar 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 5.94M | 1.87M | 2.86M | 4.50M | 2.04M |
| Gross Profit | -8.12M | 488.80K | 1.01M | 1.73M | 761.38K |
| EBITDA | -24.32M | -7.73M | -7.49M | -6.66M | -6.97M |
| Net Income | -39.13M | -8.85M | -12.68M | -43.80M | -7.65M |
Balance Sheet | |||||
| Total Assets | 4.67M | 32.67M | 22.65M | 33.48M | 75.31M |
| Cash, Cash Equivalents and Short-Term Investments | 358.97K | 1.94M | 456.72K | 5.10M | 12.85M |
| Total Debt | 1.04M | 3.84M | 806.55K | 232.44K | 178.71K |
| Total Liabilities | 13.60M | 11.75M | 2.02M | 1.49M | 1.57M |
| Stockholders Equity | -8.93M | 20.92M | 20.63M | 31.99M | 73.74M |
Cash Flow | |||||
| Free Cash Flow | -5.76M | -3.94M | -4.28M | -7.60M | -12.96M |
| Operating Cash Flow | -5.59M | -3.50M | -4.25M | -7.43M | -12.94M |
| Investing Cash Flow | -176.83K | -4.71M | 2.31M | 5.51M | -4.68M |
| Financing Cash Flow | 4.18M | 9.70M | -430.48K | -156.69K | 20.59M |
Envirotech Vehicles Technical Analysis
Positive
2.51
Price Trends
1.74
Positive
1.59
Positive
1.70
Positive
Market Momentum
0.05
Negative
50.67
Neutral
46.84
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 1.76, above the 50-day MA of 1.74, and above the 200-day MA of 1.70, indicating a bullish trend. The MACD of 0.05 indicates Negative momentum. The RSI at 50.67 is Neutral, neither overbought nor oversold. The STOCH value of 46.84 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% | |
48 Neutral | $23.02M | -0.15 | -294.40% | ― | 217.58% | -127.04% | |
47 Neutral | $135.29M | -0.56 | -81.39% | ― | -36.52% | 99.81% | |
43 Neutral | $1.38M | ― | 308.19% | ― | 5865.42% | 98.16% | |
43 Neutral | $6.18M | -0.03 | -30.79% | ― | -42.23% | -1.55% | |
42 Neutral | $35.40M | -0.59 | -198.95% | ― | 220.58% | 89.10% |
* Consumer Cyclical Sector Average
EVTV
Envirotech Vehicles
1.78
-0.91
-33.78%
BINI
Bollinger Innovations
0.08
-1,906,875.02
-100.00%
WKHS
Workhorse Group
3.25
-9.95
-75.38%
CENN
Cenntro Electric Group
4.22
-44.97
-91.42%
EMPD
Empery Digital
4.89
-1.42
-22.50%
Envirotech Vehicles Corporate Events
Private Placements and FinancingRegulatory Filings and Compliance
Envirotech Vehicles Secures New Debenture Financing and Warrants
Neutral
Mar 9, 2026
On March 6, 2026, Envirotech Vehicles, Inc. entered into a securities purchase agreement with YA II PN, Ltd. to issue $11 million in debentures in two tranches, with the first $4 million tranche closing the same day and the second $7 million tranc...
Delistings and Listing ChangesRegulatory Filings and ComplianceShareholder Meetings
Envirotech Vehicles Regains Nasdaq Compliance After Annual Meeting
Positive
Feb 13, 2026
Envirotech Vehicles operates in the electric vehicle sector, focusing on commercial and specialty transportation solutions for business and institutional customers. The company targets markets where fleet electrification and sustainable mobility a...
Business Operations and StrategyExecutive/Board ChangesShareholder Meetings
Envirotech Vehicles shareholders approve equity plan expansion
Positive
Feb 4, 2026
At its reconvened Feb. 3, 2026 annual meeting after prior quorum delays, Envirotech Vehicles stockholders approved a 890,000-share expansion and term extensions for the 2017 Equity Incentive Plan, re-elected Jason Maddox to a Class II board seat, ...
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...
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.