5 Most Undervalued EV Stocks To Buy According To Analysts

4. GreenPower Motor Company Inc. (NASDAQ:GP)

Number of Q4 2023 Hedge Fund Shareholders: 2

Average Share Price Upside: 200%

Average Share Price Target: $6.33

GreenPower Motor Company Inc. (NASDAQ:GP) is a Canadian firm that makes and sells shuttles, trucks, and associated vehicles. It is currently in the early phases of entering stability, as while loss per share widened sequentially in Q4, the recent months have seen successful capital raises and product deliveries.

By the end of December 2023, two out of the 933 hedge funds covered by Insider Monkey’s research were GreenPower Motor Company Inc. (NASDAQ:GP)’s shareholders.

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