FY2025 EPS Estimates for ECARX Raised by Cantor Fitzgerald

ECARX Holdings Inc. (NASDAQ:ECX) – Equities researchers at Cantor Fitzgerald lifted their FY2025 earnings per share (EPS) estimates for shares of ECARX in a report released on Wednesday, March 26th. Cantor Fitzgerald analyst D. Soderberg now anticipates that the company will post earnings per share of ($0.13) for the year, up from their previous estimate of ($0.17). The consensus estimate for ECARX’s current full-year earnings is ($0.42) per share.

Separately, UBS Group started coverage on ECARX in a report on Tuesday, February 11th. They issued a “buy” rating and a $3.20 price target for the company.

ECARX Trading Down 6.6 %

ECX opened at $2.26 on Friday. The company has a 50 day moving average of $2.19 and a 200 day moving average of $1.97. ECARX has a 12 month low of $0.96 and a 12 month high of $3.25. The company has a market cap of $763.77 million, a PE ratio of -4.52 and a beta of 0.23.

Hedge Funds Weigh In On ECARX

A number of large investors have recently modified their holdings of ECX. Green Alpha Advisors LLC purchased a new stake in ECARX in the 4th quarter worth approximately $167,000. Virtu Financial LLC purchased a new stake in shares of ECARX in the fourth quarter worth $319,000. Millennium Management LLC bought a new stake in ECARX during the fourth quarter valued at $207,000. Citadel Advisors LLC purchased a new position in ECARX during the fourth quarter worth about $68,000. Finally, Northern Trust Corp increased its stake in ECARX by 103.8% in the 4th quarter. Northern Trust Corp now owns 81,616 shares of the company’s stock worth $172,000 after acquiring an additional 41,568 shares during the last quarter.

ECARX Company Profile

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.