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VivoPower (VIVO)
NASDAQ:VIVO

VivoPower (VIVO) AI Stock Analysis

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VIVO

VivoPower

(NASDAQ:VIVO)

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Neutral 46 (OpenAI - 5.2)
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Neutral 46 (OpenAI - 5.2)
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Neutral 46 (OpenAI - 5.2)
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Neutral 46 (OpenAI - 5.2)
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Neutral 46 (OpenAI - 5.2)
Rating:46Neutral
Price Target:
$2.00
▼(-30.07% Downside)
Action:ReiteratedDate:02/20/26
Overall score is driven primarily by very weak financial performance (losses, leverage, and negative cash generation). Technicals provide only modest support with near-term strength but a longer-term downtrend and weak MACD. Valuation is difficult to justify given ongoing losses and no dividend yield.
Positive Factors
Strategic pivot to AI data-center infrastructure
The company’s formal shift to aggregating power‑secured land and leasing long‑term, bankable data‑center sites aligns it with structural AI compute demand. Focusing on asset ownership and leases yields recurring, contractually-backed cash flows and lowers technology operating risk versus running compute tenants.
Secured $30M PIPE with strategic investors
The $30M PIPE provides near‑term, non‑operational capital targeted at scaling the AI data center portfolio. Participation by specialist and sovereign investors adds credibility, potential strategic relationships, and funding runway to advance asset acquisition and lease structuring without immediate dilution from public ATM issuance.
Ownership/access to powered sites in strategic markets
Controlling powered sites in multiple jurisdictions secures a scarce input—power‑secured land—creating a durable competitive advantage. Ownership or exclusive access reduces site development risk, accelerates leasing to sovereigns and hyperscalers, and builds a tangible asset base that can generate long‑term lease revenue.
Negative Factors
Persistent negative margins and revenue volatility
Sustained negative gross and net margins and volatile revenue signal that the core business has not yet achieved profitable scale. This undermines internal funding capacity, increases dependence on external capital for project buildout, and lengthens the time horizon to consistent, sustainable profitability.
High leverage and intermittent negative equity
Elevated leverage and episodes of negative equity constrain financial flexibility, heighten refinancing risk, and can limit the company’s ability to bid for or finance large infrastructure projects. In capital‑intensive data center builds, this raises the cost of capital and execution risk over the medium term.
Negative operating and free cash flow
Persistent negative operating and free cash flow indicate the business currently cannot self‑fund growth or absorb setbacks. Continued reliance on external financing increases vulnerability to market disruptions and may force dilutive or expensive funding choices when scaling capital‑intensive data‑center assets.

VivoPower (VIVO) vs. SPDR S&P 500 ETF (SPY)

VivoPower Business Overview & Revenue Model

Company DescriptionVivoPower International PLC, together with its subsidiaries, operates as a sustainable energy solutions company in the United Kingdom, Australia, South East Asia, and the United States. It operates through Critical Power Services, Electric Vehicles, Sustainable Energy Solutions, and Solar Development segments. The Critical Power Services segment offers energy infrastructure generation and distribution solutions, including the design, supply, installation, and maintenance of power and control systems to a range of government, commercial, and industrial customers. The Electric Vehicles segment designs and builds ruggedized light electric vehicle solutions for customers in the mining, infrastructure, utilities, and government services sectors. The Sustainable Energy Solutions segment engages in the design, evaluation, sale, and implementation of renewable energy infrastructure; and evaluates solar, battery, and microgrid solutions. The Solar Development segment engages in the origination, development, construction, financing, operation, optimization, and sale of photovoltaic solar projects. Its operation includes 12 solar projects. The company was founded in 2014 and is headquartered in London, the United Kingdom.
How the Company Makes MoneyVivoPower generates revenue through multiple streams, primarily from the sale of electric vehicles and related components, including battery systems and charging infrastructure. The company also earns income from energy services, such as solar power installations and maintenance contracts. Additionally, strategic partnerships with other companies in the renewable energy and automotive sectors enhance its market reach and operational capabilities, contributing to revenue growth. Contracts with commercial clients for fleet electrification and energy efficiency solutions provide a consistent revenue base, while ongoing investments in research and development help expand its product offerings and market presence.

VivoPower Financial Statement Overview

Summary
Very weak fundamentals: revenue volatility/declines, persistently negative gross and net margins, high leverage with periods of negative equity, and negative operating/free cash flow indicating liquidity and sustainability risk.
Income Statement
20
Very Negative
VivoPower International has experienced significant revenue volatility, with a notable decline in revenue over the past years. The company has consistently reported negative profit margins, indicating ongoing operational challenges. The gross profit margin has been negative in recent years, and the net profit margin is deeply negative, reflecting substantial losses. These factors suggest a struggling income statement with limited profitability.
Balance Sheet
30
Negative
The balance sheet shows a high debt-to-equity ratio, indicating significant leverage, which poses a financial risk. Stockholders' equity has fluctuated, with periods of negative equity, highlighting financial instability. The return on equity is negative, reflecting ongoing losses. Overall, the balance sheet suggests financial strain and high leverage, which could impact future growth.
Cash Flow
25
Negative
Cash flow analysis reveals negative operating cash flow, indicating challenges in generating cash from operations. Free cash flow has also been negative, although there has been some improvement in recent periods. The operating cash flow to net income ratio is negative, suggesting inefficiencies in converting income into cash. These factors highlight cash flow challenges and potential liquidity issues.
BreakdownJun 2025Jun 2024Jun 2023Jun 2022Jun 2021
Income Statement
Total Revenue61.00K16.00K4.05M22.45M23.98M
Gross Profit-506.00K43.00K-2.22M259.00K4.36M
EBITDA-9.11M-37.68M-13.87M-12.25M-3.98M
Net Income-12.79M-46.70M-20.10M-22.05M-7.57M
Balance Sheet
Total Assets97.13M37.43M61.40M69.66M76.51M
Cash, Cash Equivalents and Short-Term Investments251.00K199.00K553.00K1.28M8.60M
Total Debt29.19M29.09M32.40M28.56M23.09M
Total Liabilities77.02M77.97M57.70M47.69M36.09M
Stockholders Equity20.10M-40.54M3.75M21.97M40.42M
Cash Flow
Free Cash Flow-6.73M-3.10M-13.44M-10.55M-16.31M
Operating Cash Flow-5.75M1.49M-8.55M-5.13M-15.38M
Investing Cash Flow-3.23M-4.57M-1.92M-5.34M-2.68M
Financing Cash Flow8.84M2.72M6.69M3.56M23.54M

VivoPower Technical Analysis

Technical Analysis Sentiment
Positive
Last Price2.86
Price Trends
50DMA
2.18
Positive
100DMA
2.57
Negative
200DMA
3.83
Negative
Market Momentum
MACD
-0.02
Negative
RSI
57.71
Neutral
STOCH
55.59
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For VIVO, the sentiment is Positive. The current price of 2.86 is above the 20-day moving average (MA) of 2.21, above the 50-day MA of 2.18, and below the 200-day MA of 3.83, indicating a neutral trend. The MACD of -0.02 indicates Negative momentum. The RSI at 57.71 is Neutral, neither overbought nor oversold. The STOCH value of 55.59 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for VIVO.

VivoPower Risk Analysis

VivoPower disclosed 61 risk factors in its most recent earnings report. VivoPower 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

VivoPower Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
62
Neutral
$71.04M-12.82-19.23%37.59%72.94%
61
Neutral
$37.18B12.37-10.20%1.83%8.50%-7.62%
54
Neutral
$26.55M-0.84-99.17%-5.74%54.80%
47
Neutral
$44.63M-5.3364.70%76.60%70.94%
46
Neutral
$39.79M-2.12143.63%-51.35%-103.78%
42
Neutral
$27.78M-2.62-80.33%-54.56%-133.60%
42
Neutral
$34.13M-0.39194.99%-54.68%63.56%
* Technology Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
VIVO
VivoPower
2.37
1.52
179.81%
BEEM
Beam Global
1.46
-0.73
-33.33%
SPRU
Spruce Power Holding
3.91
1.34
52.14%
MAXN
Maxeon Solar Technologies
2.02
-1.95
-49.12%
TURB
Turbo Energy, S.A. Sponsored ADR
2.41
0.10
4.28%
SMXT
SolarMax Technology, Inc.
0.82
-0.36
-30.42%

VivoPower Corporate Events

VivoPower Adopts New Nasdaq Ticker “VIVO” and Confirms AI Data Center Focus
Mar 16, 2026

On March 16, 2026, VivoPower International PLC rebranded as VivoPower PLC and began trading on Nasdaq under the new stock ticker “VIVO,” replacing its previous symbol. The move underscores the company’s sharpened focus on building, owning, and leasing powered land and data center infrastructure tailored to fast-growing AI compute demand.

The name and ticker changes leave shareholder rights unchanged and require no action from investors, signaling a purely strategic and branding adjustment rather than a structural one. By emphasizing its role in aggregating scarce power-secured land and monetizing it through long-term leases with sovereign clients and major cloud players, VivoPower aims to cement its positioning in the critical infrastructure layer of the data center value chain.

The most recent analyst rating on (VVPR) stock is a Hold with a $2.00 price target. To see the full list of analyst forecasts on VivoPower International stock, see the VVPR Stock Forecast page.

VivoPower Rebrands and Adopts New Nasdaq Ticker to Emphasize AI Data Center Focus
Mar 10, 2026

On March 10, 2026, London-based VivoPower International PLC said it has changed its corporate name to VivoPower PLC and will switch its Nasdaq ticker from VVPR to VIVO, effective March 16, 2026, before the U.S. market open. The rebranding underscores the company’s sharpened focus on building, owning and leasing power-secured land and data center infrastructure for AI compute tenants, while leaving shareholder rights unchanged and reinforcing its positioning in the rapidly expanding AI data center market.

VivoPower’s business model centers on aggregating scarce, power-secured land and monetizing it through long-term, bankable lease contracts with sovereign governments, hyperscalers, neocloud providers and other data center operators. By concentrating on infrastructure rather than operating the technology itself, the group aims to become a trusted partner for nations seeking to align domestic energy assets with ambitious AI strategies and to secure control over their own data and intelligence hubs.

The most recent analyst rating on (VVPR) stock is a Hold with a $2.00 price target. To see the full list of analyst forecasts on VivoPower International stock, see the VVPR Stock Forecast page.

VivoPower Reshapes Leadership Team as It Deepens Push into Sovereign AI Data Centers
Feb 19, 2026

On February 19, 2026, VivoPower International announced executive leadership changes as it sharpens its strategic focus on powered land and AI-oriented data center infrastructure. The company has recently acquired 291MW of powered sites in Finland, secured site and power access for a 25MW data center platform in the United Arab Emirates, completed a $30 million PIPE financing, and agreed to transfer its digital asset treasury business to Korean partners.

As part of this shift, Chief Financial Officer David Mansfield, Chief Technology Officer Keith Loose, and Company Secretary Gary Challinor will depart the business. The board said it is reinforcing VivoPower’s governance and leadership bench with specialists in data center and AI infrastructure as it advances a sovereign-powered AI data center platform, a move that underscores its ambition to deepen its role as an infrastructure partner to sovereign customers.

The most recent analyst rating on (VVPR) stock is a Hold with a $2.00 price target. To see the full list of analyst forecasts on VivoPower International stock, see the VVPR Stock Forecast page.

VivoPower Raises $30 Million PIPE to Boost Sovereign AI Data Center Push
Feb 13, 2026

On February 12, 2026, VivoPower International announced it had closed a $30 million strategic private investment in public equity structured as convertible preference shares, carrying a $6.80 per share conversion price and a 6% annual payment-in-kind coupon. The financing round drew participation from New York-based Blue Sky Capital, sovereign family offices from the Gulf Cooperation Council region, and VivoPower’s chairman, underscoring investor confidence in the company’s sovereign AI data center strategy.

The company said the capital will be used primarily to scale its high-performance AI data center portfolio and support general working capital needs. By securing funding at a premium conversion price from investors experienced in AI infrastructure, VivoPower strengthens its position in the rapidly intensifying global race to build energy-secured, sovereign-grade AI compute capacity for national governments and large-scale cloud customers.

The most recent analyst rating on (VVPR) stock is a Hold with a $1.50 price target. To see the full list of analyst forecasts on VivoPower International stock, see the VVPR Stock Forecast page.

VivoPower Finalizes KWeather Deal to Exit Digital Assets and Refocus on AI Data Centers
Feb 5, 2026

On 5 February 2026, VivoPower International announced it had completed a definitive agreement with South Korea’s Kweather Co. under which Kweather will acquire the economic rights to part of VivoPower’s holdings in Ripple Labs shares, in exchange for a 20% equity stake in Kweather valued at $4.3 million. The remaining Ripple Labs shares will be economically acquired by South Korea-based Lean Ventures under a previously announced partnership, providing VivoPower with a structured, market-value exit from its digital asset portfolio without any realized or unrealized losses, and enabling the company to recycle capital and profits to accelerate the build-out of its core data center infrastructure business for AI compute applications.

The most recent analyst rating on (VVPR) stock is a Hold with a $1.50 price target. To see the full list of analyst forecasts on VivoPower International stock, see the VVPR Stock Forecast page.

VivoPower Ends ATM Equity Program After Cash Flow Review
Feb 2, 2026

On February 2, 2026, VivoPower International PLC announced that it has terminated its at-the-market (ATM) equity offering agreement with Chardan Capital Markets, originally signed on December 23, 2025, and confirmed that no further ordinary shares will be issued or sold under this facility. The board’s decision followed a review of operating cash flow, capital requirements, alternative non-dilutive funding options at project or asset level, and prevailing market conditions, with management concluding that projected operating cash flows and other economically non-dilutive funding sources are sufficient, underscoring a strategy of disciplined capital allocation and a preference for avoiding dilutive equity raisings where possible.

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

VivoPower Shareholders Back Capital and Governance Overhaul at January 30 EGM
Jan 30, 2026

On January 30, 2026, VivoPower International PLC reported that shareholders at an extraordinary general meeting overwhelmingly approved all six resolutions proposed, each receiving at least 93% of votes cast. The measures authorize directors to issue ordinary and convertible shares, remove statutory pre-emption rights for certain equity issuances, adopt a dual-class share structure including a new class of convertible preferred shares, raise the share cap under the company’s Omnibus Incentive Plan 2017 from 10% to 15%, and give the board flexibility to adjust director and executive pay to market benchmarks, collectively modernizing VivoPower’s capital structure and incentives to support its growth plans and talent retention.

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

VivoPower Ends $18 Million At-the-Market Equity Offering Agreement
Jan 29, 2026

On January 29, 2026, VivoPower International PLC announced that it has terminated, in accordance with its terms, its at-the-market equity offering agreement dated December 23, 2025 with Chardan Capital Markets, LLC, which had allowed the company to issue ordinary shares with an aggregate sale price of up to $18 million under an effective Form F-3 shelf registration. As a result of this action, the at-the-market facility is no longer available and no further ordinary share sales will occur under that agreement, signaling that this particular avenue for incremental equity issuance has been closed for the company, with potential implications for how VivoPower may structure future capital-raising activities and manage shareholder dilution.

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

VivoPower’s Tembo Strikes EV Fleet Partnership in US$11bn Australian Utility Market
Jan 16, 2026

On January 16, 2026, VivoPower International announced that its electric vehicle subsidiary Tembo e-LV entered a strategic partnership with Australian EV consultancy Help Me Buy an EV to support the commercial rollout of Tembo’s Tusker electric utility vehicle in Australia’s roughly US$11 billion light utility pickup market. The alliance gives Tembo a high-visibility route to business, government and commercial fleet customers via HMBEV’s education, trial and engagement programs, bolstering third‑party validation of the Tusker’s rugged, zero‑emission capabilities and strengthening Tembo’s sales network in a key market as it advances toward a potential spin‑off and public listing with an implied US$838 million valuation.

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

VivoPower Sets Up $11.4 Million At-the-Market Equity Program With Chardan
Dec 29, 2025

On December 23, 2025, VivoPower International PLC entered into an Equity Distribution Agreement with Chardan Capital Markets, allowing the company to sell up to $11.4 million of its $0.12 nominal value ordinary shares from time to time through at-the-market transactions on Nasdaq or other existing trading venues, and, if authorized, via negotiated deals. The arrangement, disclosed in a December 29, 2025 filing, gives VivoPower flexible access to additional equity capital without obligating it to issue shares, while setting a 3% commission for the sales agent and standard termination, indemnification and expense-reimbursement terms, underscoring the company’s continued use of shelf registrations and ATM facilities to support its financing needs and balance sheet.

The most recent analyst rating on (VVPR) stock is a Hold with a $2.50 price target. To see the full list of analyst forecasts on VivoPower International stock, see the VVPR Stock Forecast page.

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.Date of analysis: Feb 20, 2026