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Upturn AI SWOT - About
Forza X1 Inc (FRZA)
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Upturn Advisory Summary
06/30/2025: 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.
Number of Analysts
1 Analysts rated it
Very few follow this stock; limited insights, higher-risk early investing.
1 Year Target Price $5
1 Year Target Price $5
| 1 | Strong Buy |
| 0 | Buy |
| 0 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit -80.13% | Avg. Invested days 11 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  1.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 06/30/2025 |
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) 1 | Beta - | 52 Weeks Range 0.13 - 0.41 | Updated Date 06/29/2025 |
52 Weeks Range 0.13 - 0.41 | Updated Date 06/29/2025 | ||
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 1 | 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. focuses on developing and commercializing electric boats. Founded in 2021 as Twin Vee PowerCats Co., the company shifted its focus to electric boats and rebranded as Forza X1 in 2023. The company aims to provide sustainable and eco-friendly boating solutions.
Core Business Areas
- Electric Boat Development: Design, engineering, and manufacturing of electric boats for recreational and commercial use.
- Battery Technology: Research and development of advanced battery systems for electric marine applications.
- Charging Infrastructure: Development of charging solutions for electric boats, including charging stations and related technologies.
Leadership and Structure
Joseph Visconti serves as the Executive Chairman and Chief of Product Development. Jim Leffew is the CEO and President. The company has a typical corporate structure with departments for engineering, manufacturing, sales, and marketing.
Top Products and Market Share
Key Offerings
- FX1 Dual Console: A high-performance electric boat designed for recreational boating. Market share data is still developing as Forza X1 is a relatively new player. Competitors include electric boat manufacturers like X Shore, Candela, and Nimbus.
- FX1 Center Console: A center console electric boat suited for fishing and other water sports. Market share data is still developing. Competitors include electric boat manufacturers like X Shore, Candela, and Nimbus.
Market Dynamics
Industry Overview
The electric boat industry is experiencing rapid growth driven by increasing environmental awareness and advancements in battery technology. Government incentives and regulations promoting sustainable transportation are also contributing to market expansion.
Positioning
Forza X1 is positioned as an innovator in the electric boat market, focusing on high-performance and technologically advanced vessels. Its competitive advantage lies in its unique designs, battery technology and the vision of a comprehensive ecosystem of boating products and services.
Total Addressable Market (TAM)
The global electric boat market is projected to reach billions of dollars. Forza X1's is positioned to capitalize on the growth by offering a range of models and a comprehensive ecosystem, positioning it to capture a significant portion of the market, however being a young company in a fast-growing market poses risks.
Upturn SWOT Analysis
Strengths
- Innovative electric boat designs
- Focus on sustainable technology
- Experienced leadership team in marine industry
- Strong brand vision
Weaknesses
- Limited production capacity
- Dependence on battery technology advancements
- New company, limited market history
- Relatively high price point
Opportunities
- Expanding electric boat market
- Government incentives for electric vehicles
- Partnerships with marinas and charging infrastructure providers
- Potential for international expansion
Threats
- Competition from established boat manufacturers
- Fluctuations in battery material costs
- Economic downturn affecting recreational spending
- Regulatory changes impacting electric boat usage
Competitors and Market Share
Key Competitors
- XSEA
- CECO
- SOLW
Competitive Landscape
Forza X1 faces competition from established boat manufacturers and emerging electric boat companies. It needs to differentiate itself through innovative designs, superior performance, and a comprehensive charging ecosystem to gain market share.
Growth Trajectory and Initiatives
Historical Growth: Limited historical data available due to the recent business model shift to focus on electric boats.
Future Projections: Future growth depends on successfully launching new models, expanding production capacity, and securing strategic partnerships. Analyst estimates are speculative at this stage.
Recent Initiatives: Recent initiatives include developing new electric boat models, securing partnerships with battery suppliers, and expanding its dealer network.
Summary
Forza X1 is a new player in the electric boat market with innovative designs and a focus on sustainability. Its success depends on scaling production, securing partnerships, and differentiating itself from established competitors. The company is not yet profitable and requires significant capital investment to execute its growth strategy. Challenges include market acceptance and capital. They are expected to continue to invest in research, development and strategic partnerships to capitalize on the growing market demand for sustainable marine technology.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company Website
- SEC Filings
- Industry Reports
- Analyst Reports (Limited)
Disclaimers:
The data provided is for informational purposes only and should not be considered financial advice. Investment decisions should be based on thorough research and consultation with a qualified financial advisor. Market share data is estimated and may not be precise.
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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