Envirotech Vehicles, Inc. (EVTV)

NASDAQ: EVTV · Real-Time Price · USD
2.190
-0.070 (-3.10%)
At close: May 21, 2026, 4:00 PM EDT
2.140
-0.050 (-2.28%)
Pre-market: May 22, 2026, 5:42 AM EDT
Market Cap28.32M +369.6%
Revenue (ttm)7.60M +360.4%
Net Income-29.08M
EPS-4.79
Shares Out 12.93M
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume387,289
Open2.210
Previous Close2.260
Day's Range2.100 - 2.280
52-Week Range0.332 - 5.070
Beta0.82
AnalystsBuy
Price Target140.00 (+6,292.69%)
Earnings DateMay 19, 2026

About EVTV

Envirotech Vehicles, Inc. manufactures and provides zero-emission electric vehicles in the United States. It offers class 2 through logistics vans; class 4 through urban trucks, school buses, electric forklifts, street sweepers, neighborhood electric vehicles, and right-hand drive vans and urban trucks. The company also provides vehicle maintenance and safety inspection services. The company serves commercial and last-mile fleets, school districts, public and private transportation service companies, and colleges and universities. Envirotech Ve... [Read more]

IPO Date Jun 15, 2017
Employees 293
Stock Exchange NASDAQ
Ticker Symbol EVTV
Full Company Profile

Financial Performance

In 2025, Envirotech Vehicles's revenue was $5.94 million, an increase of 217.58% compared to the previous year's $1.87 million. Losses were -$39.13 million, 342.2% more than in 2024.

Financial Statements

Analyst Summary

According to one analyst, the rating for EVTV stock is "Buy" and the 12-month stock price target is $140.0.

Price Target
$140.0
(6,292.69% upside)
Analyst Consensus: Buy

News

AZIO AI and EVTV Expand Strategic Brand Visibility at the 2026 Indianapolis 500 Alongside Rahal Letterman Lanigan Racing and Louis Foster

Collaboration positions AZIO AI, EVTV, and Phoenix Management alongside one of the world's most recognized engineering and performance-driven platforms as AI infrastructure, energy systems, and next-g...

1 day ago - PRNewsWire

Envirotech Vehicles executes definitive merger agreement with

Envirotech Vehicles (EVTV) entered into a definitive merger agreement with AZIO AI Corporation. The company said, “Since the Company’s original announcement of the signing of a letter of intent with…

1 day ago - TheFly

Envirotech Vehicles, Inc. (NASDAQ: EVTV) Executes Definitive Merger Agreement with AZIO AI to Create Scalable AI Infrastructure, Compute, and Energy-Backed Data Center Platform

HOUSTON--(BUSINESS WIRE)---- $EVTV #BTC--EVTV Executes Definitive Merger Agreement with AZIO AI to Create Scalable AI Infrastructure, Compute, and Energy-Backed Data Center Platform.

1 day ago - Business Wire

Envirotech Vehicles and AZIO AI to execute definitive merger agreement

AZIO AI announced the execution of a definitive merger agreement with EVTV as part of EVTV’s strategic transformation into an artificial intelligence infrastructure and compute platform focused on dom...

1 day ago - TheFly

AZIO AI Executes Definitive Merger Agreement with Envirotech Vehicles, Inc. (NASDAQ: EVTV) at $750 Million Valuation Supported by Independent Third-Party Fairness Opinion

Transaction Structured at 100 Million EVTV Shares Reflects Significant Growth Since Original $480 Million LOI, Following Six Months of Operational Collaboration, Customer Deposits, and Initial Hardwar...

1 day ago - PRNewsWire

AZIO AI secures customer order from Envirotech Vehicles

AZIO AI announced that it has secured a customer order from Envirotech Vehicles (EVTV) to support the expansion of modular AI data center infrastructure at its South Texas deployment site.

8 days ago - TheFly

AZIO AI Secures Multi-Megawatt Infrastructure Order to Advance Modular AI Data Center Expansion in South Texas

Order from Envirotech Vehicles, Inc. (NASDAQ: EVTV) Supports an additional ~6 MW Deployment, utilizing sovereign power and Accelerating a Scalable AI Infrastructure Rollout NEWPORT BEACH, Calif., May ...

8 days ago - PRNewsWire

AZIO AI and EVTV Progress with an additional 6 MW of Behind-the-Meter Power and Multi-Megawatt AI Infrastructure Order

Data Center Deployment and Expanded Power Capacity Reflect Continued Progress from Merger LOI NEWPORT BEACH, Calif., May 11, 2026 /PRNewswire/ -- AZIO AI Corp. ("AZIO AI" or the "Company"), a develope...

10 days ago - PRNewsWire

Envirotech Vehicles files to sell 11.3M shares of common stock for holders

17:02 EDT Envirotech Vehicles (EVTV) files to sell 11.3M shares of common stock for holders

24 days ago - TheFly

Envirotech Vehicles, Inc. (NASDAQ:EVTV) Launches Revenue-Generating Compute Platform as Company Executes Strategic Transition from EV Manufacturing to AI Infrastructure

HOUSTON, TX / ACCESS Newswire / April 15, 2026 / Envirotech Vehicles, Inc. ("EVTV" or the "Company") today announced the successful activation of its first revenue-generating digital infrastructure si...

5 weeks ago - Accesswire

AZIO Secures Binding Customer Deposits Covering ~42% of $108M GPU Infrastructure Pipeline

Coordinated Execution Across AZIO Corp. and AZIO AI Drives Early Customer Commitments as Strategic Alignment with Envirotech Vehicles (NASDAQ: EVTV) Advances LOS ANGELES, March 24, 2026 /PRNewswire/ -...

2 months ago - PRNewsWire

Envirotech Vehicles announces order for 3MW of modular digital infrastructure

Envirotech Vehicles (EVTV) has placed an order with Azio AI for approximately 3 megawatts of modular digital infrastructure equipment intended for deployment at the Company’s South Texas energy-integr...

2 months ago - TheFly

Envirotech Vehicles Announces Order for 3 MW of Modular Digital Infrastructure for South Texas Energy‑Integrated Data Center Pilot in Collaboration with Azio AI Corporation

HOUSTON, TX / ACCESS Newswire / March 12, 2026 / Envirotech Vehicles, Inc. (NASDAQ:EVTV) ("Envirotech" or the "Company") today announced that it has placed an order with Azio AI for approximately 3 me...

2 months ago - Accesswire

AZIO AI Provides Commercial Allocation Update and Deposit Progress Across Multi-Sector GPU Orders

Commercial Progress Across $107M GPU Pipeline Supports Strategic CombinationProcess with Envirotech Vehicles, Inc. (NASDAQ: EVTV) LOS ANGELES, March 4, 2026 /PRNewswire/ -- AZIO AI Corporation ("AZIO ...

2 months ago - PRNewsWire

Envirotech Vehicles accepts delivery of AZIO HPC systems in Texas

Envirotech Vehicles (EVTV) has accepted delivery of initial high-performance compute systems from AZIO AI Corporation in South Texas. The systems are scheduled for installation, commissioning, and int...

3 months ago - TheFly

Envirotech Vehicles Accepts Delivery of AZIO AI High-Performance Compute Systems in South Texas; Installation and Commissioning Planned as Multi-Site Expansion Discussions Advance

Delivery Marks Advancement of Collaborative Deployment Efforts as Due Diligence Continues and Infrastructure Planning Progresses HOUSTON, TX / ACCESS Newswire / February 25, 2026 / Envirotech Vehicles...

3 months ago - Accesswire

Azio AI Receives First ASIC Purchase Order and Advances Infrastructure Validation Initiative in Collaboration with Envirotech Vehicles (NASDAQ: EVTV)

Strategic Deployment Phase Expected to Validate High-Density Compute, Immersion Cooling, and Scalable Energy-Integrated Infrastructure LOS ANGELES, Feb. 20, 2026 /PRNewswire/ -- Azio AI Corporation ("...

3 months ago - PRNewsWire

Envirotech starts execution phase of modular AI, power infrastructure initiative

Envirotech Vehicles (EVTV) announced an operational advancement in its previously disclosed modular data and power infrastructure initiative in collaboration with AZIO AI Corporation, following the co...

3 months ago - TheFly

Envirotech Vehicles, Inc. Advances Into Execution Phase Following On-Site Engineering Validation of Modular AI & Power Infrastructure Initiative with AZIO AI

Operational review confirms technical readiness as EVTV transitions from planning to field execution HOUSTON, TX / ACCESS Newswire / February 4, 2026 / Envirotech Vehicles, Inc. (NASDAQ:EVTV) ("EVTV" ...

3 months ago - Accesswire

Envirotech Vehicles, AZIO AI announce installation of AI data center container

Envirotech Vehicles (EVTV) and AZIO AI Corporation announced the delivery, installation, and connection of a 40-foot AI data center container purpose-built for immersion-cooled computing. The containe...

4 months ago - TheFly

Envirotech Vehicles, Inc. (NASDAQ:EVTV) and AZIO AI Announce Delivery and Installation of 40-Foot Immersion-Ready AI Data Center Container

HOUSTON, TX / ACCESS Newswire / January 26, 2026 / Envirotech Vehicles, Inc. (NASDAQ:EVTV) ("Envirotech Vehicles" or "EVTV") and AZIO AI Corporation ("AZIO AI") today announced a major execution miles...

4 months ago - Accesswire

Envirotech Vehicles Reaffirms Momentum With AZIO AI and Provides Update on Nasdaq Compliance Process

HOUSTON, Jan. 21, 2026 (GLOBE NEWSWIRE) -- via IBN -- Envirotech Vehicles, Inc. (NASDAQ: EVTV) today provided an update to shareholders regarding a recently disclosed Nasdaq compliance matter, while ...

4 months ago - GlobeNewsWire

AZIO AI and Envirotech Vehicles (NASDAQ: EVTV) Execute Scalable AI Infrastructure Strategy Designed for Multi-Megawatt Expansion

Integrated Power, Cooling, and Compute Architecture Addresses a Rapidly Expanding Global AI Infrastructure Market Measured in the Tens of Billions of Dollars Annually LOS ANGELES, Jan. 21, 2026 /PRNew...

Other symbols: NVDA
4 months ago - PRNewsWire

Why Envirotech Vehicles (EVTV) Stock Skyrocketed 442% Today and What Comes Next.

Can you feel the ground moving beneath your feet? Shares of Envirotech Vehicles (NASDAQ:EVTV) skyrocketed 442% today after investors reacted to a major announcement involving its merger partner, AZIO ...

4 months ago - TipRanks

Why Is Envirotech Vehicles Stock (EVTV) Up Today?

Envirotech Vehicles ($EVTV) stock rocketed higher on Monday after merger partner Azio AI announced a $107 million contract with the U.S. government. The company has received a binding order for…

Other symbols: NVDA
4 months ago - TipRanks