
WPRT Stock Forecast & Price Target
WPRT Analyst Ratings
Bulls say
Westport Fuel Systems Inc has demonstrated a notable improvement in its financial performance, with an EBITDA margin increase of 270 basis points year-over-year to -1.2%, surpassing expectations and indicating stronger operational efficiency. The company's revenue projections suggest significant growth potential, with an anticipated increase from $300 million in 2024 to $861 million by 2034, reflecting a robust ten-year compound annual growth rate of approximately 11.1%. Additionally, the strong demand for its heavy-duty (HD) business and the competitive advantages of its LNG-HPDI technology position Westport favorably within the market, allowing it to capitalize on tightening environmental regulations.
Bears say
Westport Fuel Systems Inc. reported a significant decline in consolidated revenues for the third quarter of 2024, with a 14.4% year-over-year decrease to $66.3 million, which fell short of expectations. The reduction in revenue was exacerbated by challenges related to the deconsolidation of the HPDI joint venture and the anticipated low near-term revenue contributions from potential opportunities in China. Additionally, the company is facing financial pressures, such as the need for additional capital due to inconsistent positive free cash flows and risks from increasing adoption of alternative technologies that could undermine demand for its products.
This aggregate rating is based on analysts' research of Westport Fuel Systems and is not a guaranteed prediction by Public.com or investment advice.
WPRT Analyst Forecast & Price Prediction
Start investing in WPRT
Order type
Buy in
Order amount
Est. shares
0 shares