EZGO Technologies (EZGO)
NASDAQ:EZGO
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EZGO Technologies
(NASDAQ:EZGO)
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Rating:38Underperform
Price Target:
$1.50
▼(-25.00% Downside)
Action:Downgraded
Date:06/19/26
The score is driven primarily by weak financial performance (losses, low margins, and ongoing cash burn) and bearish technicals (negative MACD and trading below key moving averages). Valuation contributes little support given a negative P/E and no dividend yield data.
Positive Factors
Moderate Leverage
Debt-to-equity near 0.24 provides structural balance-sheet flexibility versus highly levered peers. Lower leverage reduces fixed interest burden and preserves borrowing capacity, enabling EZGO to finance operational needs or targeted capex without immediate reliance on dilutive equity under normal conditions.
Negative Factors
Very Low Margins and Large Losses
Persistently thin gross margins and deep net losses indicate weak unit economics and limited pricing power. Such structural profitability issues impair the company's ability to generate sustainable earnings, constrain reinvestment capacity, and make long-term viability contingent on significant margin improvement or scale.
Read all positive and negative factors
Positive Factors
Negative Factors
Moderate Leverage
Debt-to-equity near 0.24 provides structural balance-sheet flexibility versus highly levered peers. Lower leverage reduces fixed interest burden and preserves borrowing capacity, enabling EZGO to finance operational needs or targeted capex without immediate reliance on dilutive equity under normal conditions.
Read all positive factors
EZGO Technologies (EZGO) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$3.27M
Dividend YieldN/A
Average Volume (3M)11.69M
Price to Earnings (P/E)―
Beta (1Y)0.25
Revenue Growth-3.07%
EPS Growth83.70%
CountryUS
Employees70
SectorConsumer Cyclical
Sector Strength84
IndustryAuto - Recreational Vehicles
Share Statistics
EPS (TTM)-839.41
Shares Outstanding2,305,899
10 Day Avg. Volume3,377,711
30 Day Avg. Volume11,691,648
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)0.10
Price to Sales (P/S)0.24
P/FCF Ratio-1.14
Enterprise Value/Market Cap3.33
Enterprise Value/Revenue0.53
Enterprise Value/Gross Profit8.18
Enterprise Value/Ebitda-1.43
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
EZGO Technologies Business Overview & Revenue Model
Company Description
EZGO Technologies Ltd., established in 2014 and headquartered in Changzhou, China, primarily operates within the People's Republic of China, specializing in the electric vehicle market. The company's core activities include the design, manufacturi...
How the Company Makes Money
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EZGO Technologies Financial Statement Overview
Summary
Income Statement
22
Negative
Balance Sheet
55
Neutral
Cash Flow
28
Negative
| Breakdown | Sep 2025 | Sep 2024 | Sep 2023 | Sep 2022 | Sep 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 20.49M | 18.22M | 9.16M | 17.39M | 23.42M |
| Gross Profit | 1.33M | 1.70M | 1.03M | 219.04K | 382.48K |
| EBITDA | -7.57M | -5.85M | -3.39M | -6.00M | -3.30M |
| Net Income | -8.69M | -7.28M | -6.78M | -6.46M | -2.98M |
Balance Sheet | |||||
| Total Assets | 69.07M | 85.36M | 81.92M | 47.51M | 42.01M |
| Cash, Cash Equivalents and Short-Term Investments | 517.34K | 5.96M | 17.94M | 5.12M | 8.28M |
| Total Debt | 11.43M | 14.73M | 6.10M | 2.81M | 310.39K |
| Total Liabilities | 18.11M | 24.38M | 15.42M | 13.97M | 9.48M |
| Stockholders Equity | 48.40M | 58.57M | 63.39M | 30.64M | 28.52M |
Cash Flow | |||||
| Free Cash Flow | -4.28M | -14.43M | -12.37M | -10.59M | -12.98M |
| Operating Cash Flow | -2.21M | -10.31M | -9.11M | -10.36M | -6.26M |
| Investing Cash Flow | -495.77K | -11.24M | -13.97M | -4.48M | -11.04M |
| Financing Cash Flow | -1.22M | 8.63M | 36.17M | 14.24M | 22.76M |
EZGO Technologies Technical Analysis
Negative
2.00
Price Trends
81.92
Negative
151.95
Negative
308.67
Negative
Market Momentum
-18.54
Negative
28.34
Positive
15.14
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For EZGO, the sentiment is Negative. The current price of 2 is above the 20-day moving average (MA) of 1.51, below the 50-day MA of 81.92, and below the 200-day MA of 308.67, indicating a bearish trend. The MACD of -18.54 indicates Negative momentum. The RSI at 28.34 is Positive, neither overbought nor oversold. The STOCH value of 15.14 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for EZGO.
EZGO Technologies Risk Analysis
EZGO Technologies disclosed 67 risk factors in its most recent earnings report. EZGO Technologies 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
EZGO Technologies 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% | |
43 Neutral | $3.01M | -0.03 | -55.71% | ― | 19.23% | 65.04% | |
41 Neutral | $7.13M | -0.11 | ― | ― | ― | ― | |
40 Underperform | $2.16M | -0.01 | ― | ― | ― | ― | |
38 Underperform | $3.27M | >-0.01 | -16.81% | ― | -3.07% | 83.70% |
* Consumer Cyclical Sector Average
EZGO
EZGO Technologies
1.42
-1,223.71
-99.88%
VMAR
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2.97
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REE
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0.23
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VEEE
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EZGO Technologies Corporate Events
EZGO Technologies Raises $21.8 Million via ATM Offering to Fund U.S. Expansion
May 22, 2026
On April 2, 2026, EZGO Technologies Ltd. entered into a sales agreement with AC Sunshine Securities LLC to establish an at-the-market equity offering facility of up to US$100 million in ordinary shares under its existing shelf registration. By May...
EZGO Technologies to Implement 1-for-150 Reverse Share Split to Maintain Nasdaq Listing
May 15, 2026
On May 6, 2026, EZGO Technologies’ board approved a 1-for-150 reverse share split of its ordinary shares, combining every 150 issued shares into one, with fractional shares rounded to the nearest whole share. The move, which does not require...
EZGO Technologies Sets Up $100 Million At-The-Market Equity Offering Program
Apr 8, 2026
On April 2, 2026, EZGO Technologies Ltd. entered into a Sales Agreement with AC Sunshine Securities LLC that allows the company, at its discretion, to conduct at-the-market offerings of up to $100 million in ordinary shares under an effective Form...
EZGO Technologies Details Property Footprint and Patent Portfolio in April 2026 Filing
Apr 8, 2026
EZGO Technologies Ltd. is a China-based company that operates from its headquarters in Changzhou, Jiangsu Province, with additional offices, manufacturing, storage facilities and stores in Tianjin, Changzhou, Wenzhou and Wuhu. Through subsidiaries...
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.