Should Investors Trust The Upside Potential In ECARX Holdings Inc (ECX)?

ECARX Holdings Inc (NASDAQ:ECX) currently has a daily average trading volume of 6.14M but it saw 2316381 shares traded in last market. With a market cap of 597.97M USD, the company’s current market price of $1.60 came falling about -0.62 while comparing to the previous closing price of $1.61. In past 52 weeks, the stock remained buoying in the range of price level as high as $3.25 and as low as $0.76.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the UBS which initiated the stock as “Buy” in its note to investors issued on February 11, 2025, recommending a price target of $3.20 for it.

Over the week, ECX’s stock price is moving -1.23% down while it is 50.94% when we observe its performance for the past one month. Year-to-date it is -24.17% down and over the past year, the stock is showing an upside performance of 8.11%.

The company is expected to be releasing its next quarterly report in June, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0.01. In next quarter, company is expected to be making quarterly sales of $260.68M as analysts are expecting the sales for current fiscal year at $952.64M and seeing the company making $1.22B in sales next year. Moreover, analysts are in estimates of $223.92M for current-quarter revenue.

Currently, ECARX Holdings Inc’s total number of outstanding shares is 324.77M with 60.05% of that held by the insiders while 10.00% of its common stock has been owned by the institutions. It has a 21.61 of forward P/E ratio. Stock’s beta reads 0.55. Stock has a price to sale or P/S ratio amounts to 0.73. Its return on asset (ROA) is -20.82% on average.