EZGO Technologies (EZGO)
NASDAQ:EZGO
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EZGO Technologies
(NASDAQ:EZGO)
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Rating:42Neutral
Price Target:
$1.00
▼(-50.00% Downside)
Action:ReiteratedDate:03/11/26
The score is weighed down primarily by weak financial performance: persistent losses, low margins, and ongoing cash burn despite modest revenue growth and manageable leverage. Technicals add further pressure given a clear downtrend and negative momentum, while valuation provides limited support because earnings are negative and no dividend yield is available.
Positive Factors
Manageable Leverage
A debt-to-equity near 0.24 gives structural balance-sheet flexibility relative to highly levered peers. Over the next several months this lower leverage reduces immediate solvency pressure, supports access to incremental capital, and limits interest burden while the company stabilizes operations.
Negative Factors
Very Low Margins and Large Losses
Gross margins near 6–7% with net losses around -42% indicate the core business lacks structural profitability. Persistently low margins constrain the firm's ability to self-fund, require sustained cost or pricing improvements, and make long-term viability dependent on scale gains or structural changes to the business model.
Read all positive and negative factors
Positive Factors
Negative Factors
Manageable Leverage
A debt-to-equity near 0.24 gives structural balance-sheet flexibility relative to highly levered peers. Over the next several months this lower leverage reduces immediate solvency pressure, supports access to incremental capital, and limits interest burden while the company stabilizes operations.
Read all positive factors
EZGO Technologies (EZGO) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$26.31M
Dividend YieldN/A
Average Volume (3M)11.69M
Price to Earnings (P/E)―
Beta (1Y)0.59
Revenue Growth-1.08%
EPS Growth97.76%
CountryUS
Employees70
SectorConsumer Cyclical
Sector Strength84
IndustryAuto - Recreational Vehicles
Share Statistics
EPS (TTM)-258.06
Shares Outstanding20,884,745
10 Day Avg. Volume3,377,711
30 Day Avg. Volume11,691,648
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)<0.01
Price to Sales (P/S)0.00159
P/FCF Ratio>-0.01
Enterprise Value/Market Cap0.43
Enterprise Value/Revenue0.55
Enterprise Value/Gross Profit8.39
Enterprise Value/Ebitda-1.47
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., through its subsidiaries, engages in the design, manufacture, rental, and sale of e-bicycles and e-tricycles in the People's Republic of China. It is also involved the rental and sale of lithium batteries; and sale, franchi...
How the Company Makes Money
EZGO generates revenue primarily from selling electric bicycles and other electric mobility products to customers (product sales). The company may also earn revenue from services and solutions tied to its products—such as battery-related services ...
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 | 15.92M | 17.39M | 23.42M |
| Gross Profit | 1.33M | 1.70M | 1.14M | 219.04K | 382.48K |
| EBITDA | -7.64M | -5.90M | -6.14M | -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
1.52
Negative
1.91
Negative
4.18
Negative
Market Momentum
-0.09
Negative
36.71
Neutral
62.50
Neutral
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 1.30, above the 50-day MA of 1.52, and below the 200-day MA of 4.18, indicating a bearish trend. The MACD of -0.09 indicates Negative momentum. The RSI at 36.71 is Neutral, neither overbought nor oversold. The STOCH value of 62.50 is Neutral, 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% | |
42 Neutral | $26.31M | >-0.01 | -16.81% | ― | -1.08% | 97.76% | |
42 Neutral | $2.04M | -0.31 | ― | ― | -66.16% | 78.81% | |
40 Underperform | $3.00M | -0.40 | -52.42% | ― | -34.70% | 36.13% | |
39 Underperform | $20.34M | -0.37 | ― | ― | ― | ― |
* Consumer Cyclical Sector Average
EZGO
EZGO Technologies
1.26
-6.54
-83.85%
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2.05
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0.66
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EZGO Technologies Corporate Events
EZGO Technologies Raises $12 Million in PIPE Share Offering to Non-U.S. Investors
Jan 6, 2026
On January 5, 2026, EZGO Technologies Ltd. completed a private investment in public equity (PIPE) financing with certain non-U.S. investors, issuing 20 million ordinary shares at $0.60 per share for gross proceeds of $12 million. The shares were s...
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.