FY2025 EPS Estimates for ECARX Boosted by Cantor Fitzgerald

ECARX Holdings Inc. (NASDAQ:ECX) – Equities research analysts at Cantor Fitzgerald lifted their FY2025 earnings per share (EPS) estimates for ECARX in a report released on Wednesday, March 26th. Cantor Fitzgerald analyst D. Soderberg now forecasts that the company will earn ($0.13) per share for the year, up from their prior forecast of ($0.17). The consensus estimate for ECARX’s current full-year earnings is ($0.42) per share.

Separately, UBS Group started coverage on shares of ECARX in a research note on Tuesday, February 11th. They set a “buy” rating and a $3.20 price target on the stock.

ECARX Trading Down 6.6 %

Shares of ECARX stock opened at $2.26 on Friday. The firm has a market capitalization of $763.77 million, a PE ratio of -4.52 and a beta of 0.23. The business’s 50-day moving average price is $2.19 and its 200-day moving average price is $1.97. ECARX has a 12 month low of $0.96 and a 12 month high of $3.25.

Institutional Trading of ECARX

Institutional investors have recently added to or reduced their stakes in the business. Two Sigma Securities LLC bought a new stake in shares of ECARX in the 4th quarter valued at about $30,000. Tower Research Capital LLC TRC bought a new stake in ECARX in the fourth quarter valued at approximately $32,000. XTX Topco Ltd purchased a new stake in shares of ECARX during the fourth quarter valued at approximately $52,000. Citadel Advisors LLC bought a new position in shares of ECARX in the fourth quarter worth approximately $68,000. Finally, Northern Trust Corp increased its stake in shares of ECARX by 103.8% in the fourth quarter. Northern Trust Corp now owns 81,616 shares of the company’s stock worth $172,000 after buying an additional 41,568 shares during the period.

ECARX Company Profile

ECARX Holdings Inc develops a full stack automotive computing platform to shape the interaction between people and cars by rapidly advancing the technology by smart mobility worldwide. It offers system on chips, central computing platforms, operating systems, and software. Its core products include infotainment head units, digital cockpits, vehicle chip-set solutions, core operating system, and integrated software stack.