Now Is The Time To Build A Position In ECARX Holdings Inc (NASDAQ:ECX)

In the last trading session, 3.67 million ECARX Holdings Inc (NASDAQ:ECX) shares changed hands as the company’s beta touched 0.25. With the company’s per share price at $2.15 changed hands at $0.1 or 4.88% during last session, the market valuation stood at $737.73M. ECX’s last price was a discount, traded about -37.21% off its 52-week high of $2.95. The share price had its 52-week low at $0.96, which suggests the last value was 55.35% up since then.

ECARX Holdings Inc (NASDAQ:ECX) trade information

Instantly ECX was in green as seen at the end of in last trading. With action 4.88%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 1.90%, with the 5-day performance at 4.88% in the green. However, in the 30-day time frame, ECARX Holdings Inc (NASDAQ:ECX) is 18.13% up.

ECARX Holdings Inc (ECX) estimates and forecasts

Year-over-year growth is forecast to reach 18.80% up from the last financial year.

Consensus estimates given by 2 financial analysts project the company’s revenue in the current quarter to hit an average of 240.78M. 1 analysts are of the opinion that ECARX Holdings Inc’s revenue for the current quarter will be 175.16M. The company’s revenue for the corresponding quarters a year ago was 263.1M and 128.5M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -8.48%. The estimates for the next quarter sales put growth at 36.31%.

The 2025 estimates are for ECARX Holdings Inc earnings to increase by 4.98%.

ECX Dividends

ECARX Holdings Inc is expected to release its next quarterly earnings report in March.

Among Mutual Funds, the top two as of Nov 30, 2024 were Invesco ETF Tr-Invesco Golden Dragon China ETF and Fidelity NASDAQ Composite Index Fund . With 231.78 shares estimated at $0.5 million under it, the former controlled 0.08% of total outstanding shares. On the other hand, Fidelity NASDAQ Composite Index Fund held about 0.06% of the shares, roughly 170.91 shares worth around $0.37 million.