ECARX FY2025 EPS Forecast Boosted by Cantor Fitzgerald

ECARX Holdings, Inc. (NASDAQ:ECX) – Research analysts at Cantor Fitzgerald upped their FY2025 earnings per share (EPS) estimates for shares of ECARX in a report released on Wednesday, November 5th. Cantor Fitzgerald analyst D. Soderberg now expects that the company will post earnings of ($0.16) per share for the year, up from their previous estimate of ($0.19). The consensus estimate for ECARX’s current full-year earnings is ($0.42) per share. Cantor Fitzgerald also issued estimates for ECARX’s FY2026 earnings at $0.10 EPS.

A number of other brokerages have also recently weighed in on ECX. Weiss Ratings restated a “sell (e+)” rating on shares of ECARX in a research report on Wednesday, October 8th. Wall Street Zen lowered shares of ECARX from a “hold” rating to a “sell” rating in a report on Saturday, August 30th. One investment analyst has rated the stock with a Buy rating and one has given a Sell rating to the company. Based on data from MarketBeat, ECARX currently has an average rating of “Hold” and a consensus price target of $3.20.

ECARX Trading Up 10.5%

Shares of ECARX stock opened at $2.64 on Friday. ECARX has a 12-month low of $0.76 and a 12-month high of $3.25. The stock has a market cap of $978.73 million, a PE ratio of -12.00 and a beta of 0.74. The company has a 50-day moving average of $2.09 and a two-hundred day moving average of $1.80.

ECARX (NASDAQ:ECX) last posted its quarterly earnings results on Tuesday, August 26th. The company reported ($0.13) earnings per share for the quarter. The company had revenue of $155.30 million during the quarter, compared to analysts’ expectations of $223.92 million.

Institutional Investors Weigh In On ECARX

A number of institutional investors have recently bought and sold shares of the stock. Invesco Ltd. purchased a new position in ECARX during the first quarter worth approximately $302,000. Deutsche Bank AG acquired a new stake in shares of ECARX during the 1st quarter worth $3,722,000. Hhlr Advisors LTD. purchased a new position in shares of ECARX in the 1st quarter worth $504,000. XTX Topco Ltd boosted its holdings in ECARX by 329.8% in the first quarter. XTX Topco Ltd now owns 105,342 shares of the company’s stock valued at $133,000 after acquiring an additional 80,833 shares during the last quarter. Finally, Ghisallo Capital Management LLC purchased a new stake in ECARX during the first quarter valued at about $441,000.

About ECARX

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.