NASDAQ: GP

Greenpower Motor Co Inc Stock Forecast, Predictions & Price Target

The consensus among 3 Wall Street analysts covering (NASDAQ: GP) stock is to Strong Buy GP stock.

Out of 3 analysts, 3 (100%) are recommending GP as a Strong Buy, 0 (0%) are recommending GP as a Buy, 0 (0%) are recommending GP as a Hold, 0 (0%) are recommending GP as a Sell, and 0 (0%) are recommending GP as a Strong Sell.

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(NASDAQ: GP) Greenpower Motor Co's forecast annual revenue growth rate of 50.2% is forecast to beat the US Auto Manufacturers industry's average forecast revenue growth rate of 10.77%, and it is also forecast to beat the US market's average forecast revenue growth rate of 7.66%.

Greenpower Motor Co's revenue in 2023 is $54,139,342.On average, 2 Wall Street analysts forecast GP's revenue for 2024 to be $1,776,372,562, with the lowest GP revenue forecast at $1,397,245,080, and the highest GP revenue forecast at $2,155,500,044. On average, 2 Wall Street analysts forecast GP's revenue for 2025 to be $2,660,504,337, with the lowest GP revenue forecast at $2,120,818,425, and the highest GP revenue forecast at $3,200,190,249.

In 2026, GP is forecast to generate $4,990,161,000 in revenue, with the lowest revenue forecast at $4,990,161,000 and the highest revenue forecast at $4,990,161,000.

According to 3 Wall Street analysts that have issued a 1 year GP price target, the average GP price target is $6.33, with the highest GP stock price forecast at $7.00 and the lowest GP stock price forecast at $6.00.

On average, Wall Street analysts predict that Greenpower Motor Co's share price could reach $6.33 by Nov 16, 2024. The average Greenpower Motor Co stock price prediction forecasts a potential upside of 111.45% from the current GP share price of $3.00.

(NASDAQ: GP) forecast ROE is 145.13%, which is considered strong.