Zacks Research Lifts Earnings Estimates for Lotus Technology

Key Points

• Zacks Research raised Lotus Technology’s FY2026 EPS estimate to a loss of $0.55 from a previous forecasted loss of $0.70, while forecasting a FY2027 loss of $0.62 per share.
• Despite the improved earnings outlook, Weiss Ratings reiterated a “sell (e+)” rating, and the stock carries an average “Sell” rating among analysts.
• Lotus Technology shares were up 5.2%, while institutional investors and hedge funds owned 63.4% of the company’s stock.

Lotus Technology Inc. Sponsored ADR (NASDAQ:LOT - Free Report) - Zacks Research boosted their FY2026 earnings per share (EPS) estimates for Lotus Technology in a research report issued to clients and investors on Friday, August 28th. Zacks Research analyst B. Lantier now expects that the company will post earnings per share of ($0.55) for the year, up from their previous forecast of ($0.70). The consensus estimate for Lotus Technology's current full-year earnings is ($0.70) per share. Zacks Research also issued estimates for Lotus Technology's FY2027 earnings at ($0.62) EPS.

Separately, Weiss Ratings reiterated a "sell (e+)" rating on shares of Lotus Technology in a research note on Friday, July 17th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company presently has an average rating of "Sell".

Lotus Technology Stock Up 5.2%

Shares of NASDAQ:LOT opened at $1.21 on Wednesday. Lotus Technology has a fifty-two week low of $0.81 and a fifty-two week high of $2.28. The stock has a market cap of $776.93 million, a price-to-earnings ratio of -1.68 and a beta of 0.56. The firm's 50 day moving average price is $1.04 and its 200 day moving average price is $1.16.

Institutional Trading of Lotus Technology

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Jane Street Group LLC grew its holdings in Lotus Technology by 64.1% in the first quarter. Jane Street Group LLC now owns 16,966 shares of the company's stock valued at $27,000 after purchasing an additional 6,629 shares during the last quarter. Bank of America Corp DE raised its stake in Lotus Technology by 178.8% during 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 period. XTX Topco Ltd acquired a new position in shares of Lotus Technology in the 2nd quarter valued at $34,000. Finally, Citadel Advisors LLC grew its stake in shares of Lotus Technology by 146.0% during the 2nd quarter. Citadel Advisors LLC now owns 105,517 shares of the company's stock valued at $123,000 after buying an additional 62,630 shares during the period. Institutional investors and hedge funds own 63.40% of the company's stock.

Lotus Technology Company Profile

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.

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