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PTRA / Proterra: Attractive Price With Potential Margin Expansion

Proterra: Attractive Price With Potential Margin Expansion
Proterra was oversold in March as profitability and growth weakened. Our finding suggests that it remains well-positioned to capture the long-term demand for heavy commercial EVs in the US and globally. Cost efficiencies through staff cuts and consolidation of bus and battery manufacturing may drive gross margin expansion in Q4 2023 and then FY 2024. At ~$1.1 per share, I believe this is an attractive entry point. Proterra appears undervalued even under my relatively conservative bull case target price. Read More
Posted: May 30 2023, 15:25
Author Name: Seeking Alpha
Views: 102756

PTRA News  

PTRA Stock Alert: Nasdaq Suspends Proterra Trading

By InvestorPlace
August 18, 2023

PTRA Stock Alert: Nasdaq Suspends Proterra Trading

Stocks indices are mixed in today's session, though the electric vehicle (EV) sector is seeing headwinds build today. Prominent electric bus manufactu more_horizontal

PTRA Stock Alert: Proterra Surges Higher Following Bankruptcy Filing

By InvestorPlace
August 11, 2023

PTRA Stock Alert: Proterra Surges Higher Following Bankruptcy Filing

Shares of Proterra (NASDAQ: PTRA ) are up by about 20% today. This comes as the electric bus maker announced that it has voluntarily filed for Chapter more_horizontal

Proterra's (PTRA) Unexpected Fall Signals EV SPACs' Fading Spark

By Zacks Investment Research
August 11, 2023

Proterra's (PTRA) Unexpected Fall Signals EV SPACs' Fading Spark

The EV SPAC frenzy is fizzling, with Proterra (PTRA) being the latest to file for bankruptcy. Read on to know more about PTRA's fall from glory in the more_horizontal

What led to EV darling Proterra's bankruptcy

By TechCrunch
August 9, 2023

What led to EV darling Proterra's bankruptcy

Proterra, a company that develops battery systems for buses and other heavy duty EVs, filed for bankruptcy earlier this week, making it the latest in more_horizontal

Electric bus maker Proterra files for Chapter 11 bankruptcy protection

By TechXplore
August 9, 2023

Electric bus maker Proterra files for Chapter 11 bankruptcy protection

Electric bus and truck maker Proterra says it is seeking Chapter 11 bankruptcy protection from a federal court in Delaware. more_horizontal

Proterra stock craters as electric-bus maker files for Chapter 11 bankruptcy

By Market Watch
August 8, 2023

Proterra stock craters as electric-bus maker files for Chapter 11 bankruptcy

BURLINGAME, Calif. — Electric bus and truck maker Proterra PTRA, -88.31% says it is seeking Chapter 11 bankruptcy protection from a federal court in more_horizontal

PTRA Stock Alert: Proterra Files for Ch. 11 Bankruptcy

By InvestorPlace
August 8, 2023

PTRA Stock Alert: Proterra Files for Ch. 11 Bankruptcy

Auto parts supplier Proterra (NASDAQ: PTRA ) — which specializes in heavy-duty electric vehicle (EV) components — filed for bankruptcy on Monday. more_horizontal

EV Parts Maker Proterra Files For Bankruptcy

By Investopedia
August 8, 2023

EV Parts Maker Proterra Files For Bankruptcy

Seeking protection from creditors while continuing to operate, EV parts supplier Proterra filed for Chapter 11 bankruptcy. The company's stock fell mo more_horizontal


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