Lotus Technology (NASDAQ:LOT) Stock Price Up 7.8% – Here’s Why

Posted by Brian Himes on Jul 23rd, 2026

Lotus Technology Inc. Sponsored ADR (NASDAQ:LOT – Get Free Report)’s stock price traded up 7.8% during mid-day trading on Thursday . The company traded as high as $0.91 and last traded at $0.9570. 10,079 shares were traded during mid-day trading, a decline of 92% from the average daily volume of 125,777 shares. The stock had previously closed at $0.8881.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Lotus Technology in a research report on Friday, July 17th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Sell”.

Read Our Latest Research Report on Lotus Technology

Lotus Technology Trading Up 5.1%

The stock has a market cap of $599.07 million, a price-to-earnings ratio of -1.30 and a beta of 0.49. The stock has a fifty day simple moving average of $1.20 and a 200-day simple moving average of $1.23.

Hedge Funds Weigh In On Lotus Technology

A number of institutional investors and hedge funds have recently bought and sold shares of LOT. XTX Topco Ltd raised its stake in Lotus Technology by 21.3% during the 4th quarter. XTX Topco Ltd now owns 54,711 shares of the company’s stock valued at $77,000 after purchasing an additional 9,605 shares during the last quarter. Jane Street Group LLC grew its position in Lotus Technology by 64.1% in the 1st 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. Finally, Bank of America Corp DE grew its position in Lotus Technology by 178.8% in the 4th 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. Institutional investors own 63.40% of the company’s stock.

About Lotus Technology

(Get Free Report)

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.