Lazydays Holdings (GORV) AI Stock Analysis

• Market Cap: $7.06M
• Dividend Yield: N/A
• Average Volume (3M): 2.09M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.71
• Revenue Growth: -39.35%
• EPS Growth: 75.24%
• Country: US
• Employees: 1,100
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Auto - Dealerships
• EPS (TTM): -22.00
• Shares Outstanding: 3,735,655
• 10 Day Avg. Volume: 3,059,716
• 30 Day Avg. Volume: 2,090,989
• PEG Ratio: 0.13
• Price to Book (P/B): 0.22
• Price to Sales (P/S): 0.02
• P/FCF Ratio: 0.26
• Enterprise Value/Market Cap: 46.60
• Enterprise Value/Revenue: 0.60
• Enterprise Value/Gross Profit: 2.57
• Enterprise Value/Ebitda: -2.04
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Moderate Sell
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 37 Underperform
• Price Target: $0.39 ▼(-6.19% Downside)

GORV's overall stock score is driven by significant financial instability, bearish technical indicators, and unattractive valuation metrics. The company's declining financial performance and negative market sentiment are the most impactful factors contributing to the low score.

Positive Factors

Diverse Revenue Streams

The company's diverse revenue streams, including RV sales, service, parts, and rentals, provide a stable income base and reduce dependency on any single source.

Partnerships with Manufacturers

Strategic partnerships with RV manufacturers enhance competitive positioning, allowing Lazydays to offer attractive financing options and maintain a strong product lineup.

Customer-Centric Approach

A focus on customer satisfaction and experience can lead to higher customer loyalty and repeat business, supporting long-term revenue growth.

Negative Factors

High Leverage

High leverage increases financial risk and limits flexibility, potentially impacting the company's ability to invest in growth opportunities or weather economic downturns.

Declining Revenue

A consistent decline in revenue growth indicates challenges in market competitiveness and demand, which can affect long-term financial health and market position.

Negative Profit Margins

Sustained negative profit margins reflect operational inefficiencies and cost management issues, threatening the company's ability to achieve profitability and sustain operations.

Lazydays Holdings Business Overview & Revenue Model

Company Description

Lazydays Holdings, Inc. operates recreational vehicle (RV) dealerships under the Lazydays name in the United States. The company offers RV sales, RV-repair and services, financing and insurance products, third-party protection plans, and after-market parts and accessories. It also operates the Lazydays RV resort at Tampa, Florida. The company was founded in 1976 and is based in Tampa, Florida.

How the Company Makes Money

Lazydays Holdings generates revenue through several key streams. Primarily, the company earns money from the sale of new and used RVs, which constitutes a significant portion of its revenue. Additionally, Lazydays offers financing services to customers purchasing RVs, earning interest and fees from these transactions. The company also makes money through service and repair operations for RVs, providing maintenance and repair services to customers, as well as selling parts and accessories that cater to RV owners. Furthermore, Lazydays has a rental segment that generates income by renting out RVs to customers seeking short-term outdoor experiences. Partnerships with manufacturers and financial institutions also play a crucial role in enhancing its revenue capabilities, allowing Lazydays to offer competitive financing options and exclusive RV models.

Lazydays Holdings Financial Statement Overview

Summary

The company faces significant financial challenges. The income statement shows declining revenue and negative margins. The balance sheet reveals high leverage and negative equity, indicating financial instability. Cash flow metrics are weak, with operational inefficiencies and difficulties in generating positive cash flow.

Income Statement

The income statement shows a declining trend in revenue and profitability. The TTM data indicates a significant drop in revenue by 16.99% and negative margins across the board, with a net profit margin of -22.43%. Historical data also reflects a consistent decline in revenue growth and profitability, with EBIT and EBITDA margins turning negative. The company faces challenges in maintaining revenue and controlling costs, impacting overall profitability.

Balance Sheet

The balance sheet reveals high leverage with a debt-to-equity ratio of 5.84 in the TTM period, indicating significant financial risk. The negative stockholders' equity and return on equity of -426.03% highlight financial instability. Over the years, the company has increased its debt burden while equity has eroded, posing potential risks to financial health and sustainability.

Cash Flow

Cash flow analysis shows some improvement in free cash flow growth in the TTM period, but overall cash flow metrics remain weak. The operating cash flow to net income ratio is very low at 0.16%, and free cash flow to net income is negative, indicating challenges in generating cash from operations. Historical data shows fluctuations in cash flow, with periods of negative free cash flow growth, reflecting operational inefficiencies.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	547.36M	871.56M	1.08B	1.33B	1.24B	817.11M
Gross Profit	127.98M	160.85M	228.74M	328.69M	310.37M	167.72M
EBITDA	-160.93M	-79.52M	-87.33M	118.93M	133.25M	47.93M
Net Income	-212.60M	-163.71M	-110.27M	66.39M	55.27M	14.63M
Balance Sheet
Total Assets	333.17M	675.83M	937.74M	830.72M	698.13M	463.74M
Cash, Cash Equivalents and Short-Term Investments	9.50M	24.70M	58.09M	61.69M	98.12M	63.51M
Total Debt	230.43M	494.28M	680.25M	482.35M	347.85M	288.30M
Total Liabilities	359.47M	586.23M	724.55M	538.72M	437.02M	378.22M
Stockholders Equity	-26.30M	89.60M	213.19M	292.00M	261.11M	85.52M
Cash Flow
Free Cash Flow	-20.01M	75.33M	-131.72M	-111.84M	-18.49M	92.43M
Operating Cash Flow	-20.24M	94.35M	-36.48M	-71.96M	2.77M	111.07M
Investing Cash Flow	194.79M	-8.13M	-192.96M	-54.54M	-84.13M	-30.32M
Financing Cash Flow	-178.13M	-119.61M	225.84M	90.07M	115.96M	-48.69M

Lazydays Holdings Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.42
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GORV, the sentiment is Negative. The current price of 0.42 is below the 20-day moving average (MA) of 1.06, below the 50-day MA of 1.80, and below the 200-day MA of 6.75, indicating a bearish trend. The MACD of -0.42 indicates Positive momentum. The RSI at 24.15 is Positive, neither overbought nor oversold. The STOCH value of 0.66 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GORV.

Lazydays Holdings Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
CANG	55 Neutral	$264.28M	―	-26.07%	―	349.96%	-1838.02%
CWH	44 Neutral	$1.14B	―	-26.78%	4.41%	6.58%	-72.69%
UXIN	41 Neutral	$564.90M	-13.84	―	―	―	―
KXIN	38 Underperform	$3.87M	―	-94.86%	―	-99.25%	90.38%
VRM	38 Underperform	$118.39M	-0.63	-52.02%	―	-81.31%	87.13%
GORV	37 Underperform	$7.06M	-0.02	-992.77%	―	-39.35%	75.24%

Lazydays Holdings Corporate Events

Lazydays Holdings Announces Nasdaq Delisting Amid Asset Sale

On November 7, 2025, Lazydays Holdings announced its decision to delist its common stock from The Nasdaq Capital Market, with the delisting expected to be effective on or about November 28, 2025. This decision follows the company’s approval of an Asset Sale to Campers Inn Holding Corporation, which is anticipated to occur between November 17 and November 26, 2025, and a Plan of Liquidation and Dissolution approved by stockholders. The company cited substantial operating losses, limited cash resources, and the inability to secure additional capital as reasons for the delisting, along with the expectation that the asset sale proceeds will primarily repay indebtedness, leaving no return for stockholders.

The most recent analyst rating on (GORV) stock is a Sell with a $1.50 price target. To see the full list of analyst forecasts on Lazydays Holdings stock, see the GORV Stock Forecast page.

Lazydays Holdings Amends Credit Agreement Amid Liquidation

On October 29, 2025, Lazydays Holdings, Inc. entered into a First Amendment to its Amended and Restated Limited Waiver and Consent related to its Credit Agreement. This amendment addresses temporary waivers for potential defaults under the Credit Agreement, including missed payments and cross-defaults. The amendment also allows the company to retain some proceeds from asset sales for working capital, with a maximum retention of $4.5 million, to support operations until the completion of all asset sales. Following these sales, Lazydays Holdings expects to have no remaining business operations, with remaining assets and liabilities subject to a liquidation plan approved by stockholders on October 14, 2025.

The most recent analyst rating on (GORV) stock is a Sell with a $2.00 price target. To see the full list of analyst forecasts on Lazydays Holdings stock, see the GORV Stock Forecast page.

Lazydays Holdings Enters Asset Purchase Agreement with CIRV

On October 6, 2025, Lazydays Holdings, Inc. entered into an Asset Purchase Agreement to sell substantially all of its assets to CIRV Group, LLC and CIRV Group Real Estate Holdings, LLC, affiliates of Campers Inn Holding Corporation. The agreement, which involves a total purchase price of $64.9 million plus the value of RV inventory, is part of a plan that may lead to the liquidation and dissolution of Lazydays. This move follows a previously disclosed letter of intent and is subject to various closing conditions, including antitrust approvals and stockholder consent. The company has also announced potential employee terminations at its Tampa headquarters and cautioned that stockholders might experience significant losses due to the company’s financial obligations.

The most recent analyst rating on (GORV) stock is a Sell with a $3.00 price target. To see the full list of analyst forecasts on Lazydays Holdings stock, see the GORV Stock Forecast page.

Lazydays Holdings Signs Intent for Asset Acquisition

On September 11, 2025, Lazydays Holdings entered into a nonbinding letter of intent with Campers Inn Holding Corporation for the acquisition of substantially all of Lazydays’ assets. The transaction, if completed, would expand Campers Inn’s presence to 48 dealership locations across 22 states, marking its entry into Tennessee, Colorado, and Utah. The deal is expected to close by December 1, 2025, and would involve a series of site-by-site closings. However, the transaction’s completion is uncertain, as it is subject to various conditions, including stockholder approval and the expiration of antitrust waiting periods. Additionally, Lazydays has entered into an amended waiver with its lenders to address potential defaults under its credit agreement, which could have significant implications if the transaction does not proceed.

The most recent analyst rating on (GORV) stock is a Sell with a $3.00 price target. To see the full list of analyst forecasts on Lazydays Holdings stock, see the GORV Stock Forecast page.

Lazydays Holdings Amends Credit Agreement Waiver

On August 29, 2025, Lazydays Holdings, Inc. amended its Limited Waiver and Consent related to its Credit Agreement with Manufacturers and Traders Trust Company. This amendment, which follows a waiver agreement from July 31, 2025, addresses potential defaults due to missed vehicle curtailment and interest payments. The amendment extends the waiver period and deadlines for Lazydays Holdings to raise new capital or make necessary filings under debtor relief laws.

The most recent analyst rating on (GORV) stock is a Hold with a $3.00 price target. To see the full list of analyst forecasts on Lazydays Holdings stock, see the GORV Stock Forecast page.