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Greenwave Technology Solutions, Inc. (GWAV) Stock Fundamental Analysis & AI Rating 2026

GWAV Nasdaq Wholesale-Metals Service Centers & of fices DE CIK: 0001589149
Recently Updated • Analysis: Apr 10, 2026 • SEC Data: 2025-09-30
Combined AI Rating
STRONG SELL
83% Confidence
STRONG AGREEMENT
STRONG SELL
88% Conf
STRONG SELL
78% Conf

📊 GWAV Key Takeaways

Revenue: $31.0M
Net Margin: -47.9%
Free Cash Flow: $-6.6M
Current Ratio: 0.34x
Debt/Equity: 0.19x
EPS: $-34.05
AI Rating: STRONG SELL with 88% confidence
Greenwave Technology Solutions, Inc. (GWAV) receives a STRONG SELL rating with 83% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $31.0M, net profit margin of -47.9%, and return on equity (ROE) of -45.5%, Greenwave Technology Solutions, Inc. demonstrates mixed fundamentals in the Materials sector. Below is our complete GWAV stock analysis for 2026.

Is Greenwave Technology Solutions, Inc. (GWAV) a Good Investment?

Claude

Greenwave Technology Solutions is in severe financial distress with negative operating cash flows (-$5.9M), a critical liquidity crisis (current ratio of 0.34x), and declining revenue (-6.6% YoY). Without immediate operational turnaround or external capital injection, the company faces substantial insolvency risk.

ChatGPT

Persistent operating losses and negative free cash flow, combined with a severe liquidity shortfall (current ratio 0.34x; quick 0.20x) and negative interest coverage, indicate elevated near-term financing risk. While leverage is modest and losses narrowed YoY, declining revenue and weak cash generation make a self-funded turnaround unlikely without dilution or asset sales.

Why Buy Greenwave Technology Solutions, Inc. Stock? GWAV Key Strengths

Claude
  • + Reasonable gross margin of 29.3% indicates viable product/service pricing in metals distribution
  • + Low leverage (Debt/Equity 0.19x) provides some financial flexibility for restructuring
  • + Net loss improvement of 76.2% YoY shows some operational cost discipline
ChatGPT
  • + Low leverage (Debt/Equity 0.19x) with positive equity
  • + Gross margin ~29% suggests some pricing/processing value-add
  • + YoY improvement in net loss indicates early operational progress

GWAV Stock Risks: Greenwave Technology Solutions, Inc. Investment Risks

Claude
  • ! Critical liquidity crisis: current ratio of 0.34x and quick ratio of 0.20x indicate severe working capital deficit
  • ! Negative free cash flow of -$6.6M with minimal cash reserves of $1.5M creates imminent solvency risk
  • ! Deteriorating profitability: operating margin of -43.3% and revenue decline of -6.6% signal fundamental business weakness
  • ! Persistent operating losses and negative cash generation unsustainable without external intervention
ChatGPT
  • ! Acute liquidity risk with sub-1x current and quick ratios
  • ! Sustained negative OCF/FCF likely necessitates dilutive financing
  • ! Commodity price/volume cyclicality pressuring revenue and margins

Key Metrics to Watch

Claude
  • * Operating Cash Flow - must immediately turn positive for survival
  • * Current and Quick Ratios - liquidity improvements essential to avoid default
  • * Revenue growth rate - stabilization and reversal of decline critical
  • * Operating Margin - must return to profitability or face restructuring
  • * Cash position and access to financing - adequate capital necessary for operations
ChatGPT
  • * Current ratio
  • * Operating cash flow

Greenwave Technology Solutions, Inc. (GWAV) Financial Metrics & Key Ratios

Revenue
$31.0M
Net Income
$-14.9M
EPS (Diluted)
$-34.05
Free Cash Flow
$-6.6M
Total Assets
$59.9M
Cash Position
$1.5M

💡 AI Analyst Insight

The current ratio below 1.0x warrants monitoring of short-term liquidity.

GWAV Profit Margin, ROE & Profitability Analysis

Gross Margin 29.3%
Operating Margin -43.3%
Net Margin -47.9%
ROE -45.5%
ROA -24.8%
FCF Margin -21.4%

GWAV vs Materials Sector: How Greenwave Technology Solutions, Inc. Compares

How Greenwave Technology Solutions, Inc. compares to Materials sector averages

Net Margin
GWAV -47.9%
vs
Sector Avg 10.0%
GWAV Sector
ROE
GWAV -45.5%
vs
Sector Avg 14.0%
GWAV Sector
Current Ratio
GWAV 0.3x
vs
Sector Avg 1.6x
GWAV Sector
Debt/Equity
GWAV 0.2x
vs
Sector Avg 0.6x
GWAV Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Greenwave Technology Solutions, Inc. Stock Overvalued? GWAV Valuation Analysis 2026

Based on fundamental analysis, Greenwave Technology Solutions, Inc. has mixed fundamental signals relative to the Materials sector in 2026.

Return on Equity
-45.5%
Sector avg: 14%
Net Profit Margin
-47.9%
Sector avg: 10%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.19x
Sector avg: 0.6x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Greenwave Technology Solutions, Inc. Balance Sheet: GWAV Debt, Cash & Liquidity

Current Ratio
0.34x
Quick Ratio
0.20x
Debt/Equity
0.19x
Debt/Assets
45.4%
Interest Coverage
-6.13x
Long-term Debt
$6.2M

GWAV Revenue & Earnings Growth: 5-Year Financial Trend

GWAV 5-year financial data: Year 2022: Revenue $34.0M, Net Income -$1.6M, EPS $0.36. Year 2023: Revenue $35.7M, Net Income -$35.0M, EPS $-9.71. Year 2024: Revenue $35.7M, Net Income -$26.9M, EPS $-385.81.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Greenwave Technology Solutions, Inc.'s revenue has shown modest growth of 5% over the 5-year period. The most recent EPS of $-385.81 indicates the company is currently unprofitable.

GWAV Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-21.4%
Free cash flow / Revenue

GWAV Quarterly Earnings & Performance

Quarterly financial performance data for Greenwave Technology Solutions, Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $8.5M -$4.7M $-8.89
Q2 2025 $7.9M -$739.2K $-8.98
Q1 2025 $7.3M -$4.7M $-17.85
Q3 2024 $8.2M -$4.8M $-0.26
Q2 2024 $7.9M -$739.2K $-8.43
Q1 2024 $8.5M -$4.0M $-0.36
Q3 2023 $7.3M -$8.6M $-1.75
Q2 2023 $9.4M -$2.3M $-0.20

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Greenwave Technology Solutions, Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
-$5.9M
Cash generated from operations
Capital Expenditures
$781.7K
Investment in assets
Dividends Paid
$28.9M
Returned to shareholders

GWAV SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Greenwave Technology Solutions, Inc. (CIK: 0001589149)

📋 Recent SEC Filings

Date Form Document Action
Mar 6, 2026 10-Q form10-q.htm View →
Feb 10, 2026 8-K form8-k.htm View →
Feb 5, 2026 10-Q form10-q.htm View →
Nov 24, 2025 8-K form8-k.htm View →
Nov 20, 2025 8-K form8-k.htm View →

Frequently Asked Questions about GWAV

What is the AI rating for GWAV?

Greenwave Technology Solutions, Inc. (GWAV) has a Combined AI Rating of STRONG SELL from Claude (STRONG SELL) and ChatGPT (STRONG SELL) with 83% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are GWAV's key strengths?

Claude: Reasonable gross margin of 29.3% indicates viable product/service pricing in metals distribution. Low leverage (Debt/Equity 0.19x) provides some financial flexibility for restructuring. ChatGPT: Low leverage (Debt/Equity 0.19x) with positive equity. Gross margin ~29% suggests some pricing/processing value-add.

What are the risks of investing in GWAV?

Claude: Critical liquidity crisis: current ratio of 0.34x and quick ratio of 0.20x indicate severe working capital deficit. Negative free cash flow of -$6.6M with minimal cash reserves of $1.5M creates imminent solvency risk. ChatGPT: Acute liquidity risk with sub-1x current and quick ratios. Sustained negative OCF/FCF likely necessitates dilutive financing.

What is GWAV's revenue and growth?

Greenwave Technology Solutions, Inc. reported revenue of $31.0M.

Does GWAV pay dividends?

Greenwave Technology Solutions, Inc. pays dividends, with $28.9M distributed to shareholders in the trailing twelve months.

Where can I find GWAV SEC filings?

Official SEC filings for Greenwave Technology Solutions, Inc. (CIK: 0001589149) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is GWAV's EPS?

Greenwave Technology Solutions, Inc. has a diluted EPS of $-34.05.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is GWAV a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Greenwave Technology Solutions, Inc. has a STRONG SELL rating with 83% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is GWAV stock overvalued or undervalued?

Valuation metrics for GWAV: ROE of -45.5% (sector avg: 14%), net margin of -47.9% (sector avg: 10%). Compare these metrics with sector averages to assess valuation.

Should I buy GWAV stock in 2026?

Our dual AI analysis gives Greenwave Technology Solutions, Inc. a combined STRONG SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is GWAV's free cash flow?

Greenwave Technology Solutions, Inc.'s operating cash flow is $-5.9M, with capital expenditures of $781.7K. FCF margin is -21.4%.

How does GWAV compare to other Materials stocks?

Vs Materials sector averages: Net margin -47.9% (avg: 10%), ROE -45.5% (avg: 14%), current ratio 0.34 (avg: 1.6).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Apr 10, 2026 | Data as of: 2025-09-30 | Powered by Claude AI