ECARX FY2025 EPS Estimate Increased by Cantor Fitzgerald

ECARX Holdings, Inc. (NASDAQ:ECX) – Investment analysts at Cantor Fitzgerald upped their FY2025 earnings per share estimates for shares of ECARX in a research note issued to investors on Wednesday, November 5th. Cantor Fitzgerald analyst D. Soderberg now anticipates that the company will earn ($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.

ECARX (NASDAQ:ECX) last issued its quarterly earnings data on Tuesday, August 26th. The company reported ($0.13) EPS for the quarter. The business had revenue of $155.30 million during the quarter, compared to the consensus estimate of $223.92 million.

A number of other research firms have also recently commented on ECX. Wall Street Zen cut shares of ECARX from a “hold” rating to a “sell” rating in a research report on Saturday, August 30th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of ECARX in a research note on Wednesday, October 8th. One equities research analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $3.20.

ECARX Stock Performance

ECARX stock opened at $2.64 on Friday. The firm has a market capitalization of $978.73 million, a PE ratio of -12.00 and a beta of 0.74. ECARX has a one year low of $0.76 and a one year high of $3.25. The stock’s 50 day moving average price is $2.09 and its 200 day moving average price is $1.80.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the stock. Tower Research Capital LLC TRC bought a new stake in shares of ECARX in the 2nd quarter worth about $71,000. Goldman Sachs Group Inc. grew its stake in ECARX by 43.3% in the first quarter. Goldman Sachs Group Inc. now owns 74,498 shares of the company’s stock worth $94,000 after purchasing an additional 22,498 shares in the last quarter. XTX Topco Ltd increased 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 buying an additional 80,833 shares during the last quarter. MYDA Advisors LLC acquired a new stake in ECARX during the first quarter valued at approximately $164,000. Finally, State of Wyoming bought a new position in ECARX during the 2nd quarter worth approximately $167,000.

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.