Lotus Technology (NASDAQ:LOT) Shares Down 5.8% – Here’s What Happened

Lotus Technology Inc. Sponsored ADR (NASDAQ:LOT) shares dropped 5.8% on Tuesday . The company traded as low as $1.38 and last traded at $1.3560. Approximately 40,479 shares traded hands during mid-day trading, a decline of 70% from the average daily volume of 134,209 shares. The stock had previously closed at $1.44.

Lotus Technology News Roundup

Here are the key news stories impacting Lotus Technology this week:

• Neutral Sentiment: Last reported quarter: Lotus posted revenue and an EPS beat in its April quarter (revenue $163.3M; EPS -$0.14 vs. consensus -$0.16), which provides some short‑term operating support. Read More.
• Negative Sentiment: Zacks Research (analyst B. Lantier) cut estimates across 2026–2027: consolidated cuts include Q1–Q4 2026 EPS to -$0.18 (previously about -$0.14 for several quarters), FY2026 to -$0.71 (from -$0.57), and FY2027 to -$0.61 (from -$0.47). Near‑term quarterly downgrades include Q1 2027 to -$0.16 (from -$0.13), Q2 2027 to -$0.15 (from -$0.11), Q3 2027 to -$0.16 (from -$0.12) and Q4 2027 to -$0.15 (from -$0.11). These reductions imply larger expected losses and slower improvement than previously thought. Read More.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Lotus Technology in a research report on Thursday, January 22nd. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock has a consensus rating of “Sell”.

Lotus Technology Stock Up 6.7%

The stock has a market cap of $976.67 million, a P/E ratio of -2.00 and a beta of 0.39. The firm’s fifty day moving average price is $1.16 and its 200-day moving average price is $1.40.

Lotus Technology (NASDAQ:LOT) last issued its earnings results on Friday, April 10th. The company reported ($0.14) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.16) by $0.02. The firm had revenue of $163.34 million during the quarter, compared to the consensus estimate of $153.86 million.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in LOT. Jane Street Group LLC grew its holdings in shares of Lotus Technology by 64.1% in the first quarter. Jane Street Group LLC now owns 16,966 shares of the company’s stock worth $27,000 after purchasing an additional 6,629 shares during the last quarter. Bank of America Corp DE grew its holdings in shares of Lotus Technology by 178.8% in the fourth quarter. Bank of America Corp DE now owns 7,560 shares of the company’s stock worth $27,000 after purchasing an additional 4,848 shares during the last quarter. Finally, XTX Topco Ltd bought a new position in shares of Lotus Technology in the second quarter worth approximately $34,000. Institutional investors own 63.40% of the company’s stock.

About Lotus Technology

Lotus Technology Inc engages in the design, development, and sale of battery electric lifestyle vehicles worldwide. It also distributes sports cars. The company sells its products under the Lotus brand. Lotus Technology Inc is based in Shanghai, China.