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Upturn AI SWOT - About
Forza X1 Inc (FRZA)
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Upturn Advisory Summary
04/01/2025: FRZA (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Analysis of Past Performance
Type Stock | Historic Profit -81.55% | Avg. Invested days 10 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  1.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 04/01/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 3.15M USD | Price to earnings Ratio - | 1Y Target Price 5 |
Price to earnings Ratio - | 1Y Target Price 5 | ||
Volume (30-day avg) - | Beta - | 52 Weeks Range 0.13 - 0.61 | Updated Date 04/2/2025 |
52 Weeks Range 0.13 - 0.61 | Updated Date 04/2/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) -0.39 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin - | Operating Margin (TTM) - |
Management Effectiveness
Return on Assets (TTM) -40.69% | Return on Equity (TTM) -63.66% |
Valuation
Trailing PE - | Forward PE - | Enterprise Value -3957556 | Price to Sales(TTM) 169.69 |
Enterprise Value -3957556 | Price to Sales(TTM) 169.69 | ||
Enterprise Value to Revenue - | Enterprise Value to EBITDA 0.06 | Shares Outstanding 15754800 | Shares Floating 8668257 |
Shares Outstanding 15754800 | Shares Floating 8668257 | ||
Percent Insiders 45.1 | Percent Institutions 1.56 |
Analyst Ratings
Rating 5 | Target Price 5 | Buy - | Strong Buy 1 |
Buy - | Strong Buy 1 | ||
Hold - | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Forza X1 Inc
Company Overview
History and Background
Forza X1 Inc. was founded in 2021 and is focused on producing electric boats. As of late 2024, it's still in a growth phase and its history is relatively short. Forza X1, Inc., together with its subsidiaries, designs, develops, manufactures, and sells electric boats in the United States.
Core Business Areas
- Electric Boat Manufacturing: Forza X1 designs, develops, manufactures, and sells fully electric boats for recreational and commercial use.
Leadership and Structure
The leadership team includes Joseph Visconti as Executive Chairman and Mark Hauptner as CEO. The organizational structure is typical of a small company, with functional departments reporting to the executive team.
Top Products and Market Share
Key Offerings
- Electric Boats: Forza X1 focuses on electric boats ranging from recreational to potentially commercial. Market share is currently small as they are a new entrant. Competitors include established boat manufacturers transitioning to electric and other dedicated electric boat companies. Market share is still evolving as the industry matures.
Market Dynamics
Industry Overview
The electric boat industry is emerging, driven by increasing environmental awareness and technological advancements in battery technology. The industry is expected to grow significantly in the coming years.
Positioning
Forza X1 aims to be a key player in the electric boat market by offering innovative and sustainable boating solutions. The company needs to establish a strong brand presence and gain market share.
Total Addressable Market (TAM)
The global electric boat market is projected to reach billions of USD in the coming decade. Forza X1 is positioned to capture a portion of this market through its electric boat offerings.
Upturn SWOT Analysis
Strengths
- Focus on electric boats
- Innovative technology
- Experienced leadership team
Weaknesses
- Limited operating history
- Small market share
- Dependence on capital raising
Opportunities
- Growing demand for electric boats
- Government incentives for electric vehicles
- Partnerships with established boat dealers
Threats
- Competition from established boat manufacturers
- Technological advancements by competitors
- Economic downturn affecting recreational spending
Competitors and Market Share
Key Competitors
- MasterCraft Boat Holdings, Inc. (MCFT)
- Malibu Boats, Inc. (MBUU)
Competitive Landscape
Forza X1 faces competition from both established boat manufacturers and emerging electric boat companies. To succeed, the company must differentiate itself through innovative products, strong branding, and effective marketing.
Major Acquisitions
Growth Trajectory and Initiatives
Historical Growth: Historical growth data is not significant due to limited operating history.
Future Projections: Future growth is dependent on successful product launches, market penetration, and securing additional funding. Analyst estimates vary based on the company's ability to execute its business plan.
Recent Initiatives: Recent initiatives include expanding production capacity and developing new electric boat models.
Summary
Forza X1 is a very new entrant in the electric boat market with high growth potential but also faces significant challenges. The company's success depends on its ability to develop and market innovative products, secure funding, and compete effectively against larger, more established players. The market is growing but Forza X1 needs to improve its market share to become more successful. Financial performance is currently constrained by its early stage and high investment requirements.
Similar Companies
MBUU
Malibu Boats Inc
MBUU
Malibu Boats Inc
MCFT
MCBC Holdings Inc
MCFT
MCBC Holdings Inc
Sources and Disclaimers
Data Sources:
- Company website
- SEC filings
- Industry reports
- Various Financial News Outlets
Disclaimers:
This analysis is based on publicly available information and is not financial advice. Investors should conduct their own due diligence before making any investment decisions.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Forza X1 Inc
Exchange NASDAQ | Headquaters Fort Pierce, FL, United States | ||
IPO Launch date 2022-08-12 | Executive Chairman of the Board, Interim CEO & Chief of Product Development Mr. Joseph Visconti | ||
Sector Consumer Cyclical | Industry Recreational Vehicles | Full time employees 10 | Website https://www.forzax1.com |
Full time employees 10 | Website https://www.forzax1.com | ||
Forza X1, Inc. engages in designing, developing, and manufacturing electric boats in the United States. It intends to offer its products through a vertically integrated and direct-to-consumer platform. The company was incorporated in 2021 and is headquartered in Fort Pierce, Florida. As of November 26, 2024, Forza X1, Inc. operates as a subsidiary of Twin Vee Powercats Co.
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