Zacks Small Cap Has Pessimistic Outlook of CBAT Q3 Earnings

Key Points

• Zacks Small Cap revised its Q3 2025 earnings per share (EPS) estimate for China BAK Battery, reducing it from ($0.03) to ($0.04).
• China BAK Battery reported Q2 earnings of ($0.03), surpassing the consensus estimate of ($0.04), alongside revenues of $40.52 million which exceeded estimates.
• Wall Street Zen upgraded China BAK Battery's rating from "sell" to "hold", reflecting a shift in analyst outlook on the stock.

China BAK Battery, Inc. (NASDAQ:CBAT - Free Report) - Research analysts at Zacks Small Cap cut their Q3 2025 earnings per share estimates for shares of China BAK Battery in a research note issued on Tuesday, August 19th. Zacks Small Cap analyst B. Lantier now expects that the electronics maker will post earnings per share of ($0.04) for the quarter, down from their prior estimate of ($0.03). The consensus estimate for China BAK Battery's current full-year earnings is $0.19 per share. Zacks Small Cap also issued estimates for China BAK Battery's Q3 2026 earnings at $0.04 EPS.

Separately, Wall Street Zen raised China BAK Battery from a "sell" rating to a "hold" rating in a report on Saturday, June 14th.

China BAK Battery Stock Performance

NASDAQ CBAT traded down $0.06 during trading on Thursday, hitting $0.90. The company's stock had a trading volume of 564,885 shares, compared to its average volume of 223,858. China BAK Battery has a 52 week low of $0.57 and a 52 week high of $1.30. The firm has a market cap of $79.96 million, a P/E ratio of -9.02 and a beta of 1.70. The firm has a 50 day moving average price of $1.06 and a 200 day moving average price of $0.92. The company has a quick ratio of 0.53, a current ratio of 0.72 and a debt-to-equity ratio of 0.04.

China BAK Battery (NASDAQ:CBAT - Get Free Report) last issued its quarterly earnings data on Monday, August 18th. The electronics maker reported ($0.03) earnings per share for the quarter, beating analysts' consensus estimates of ($0.04) by $0.01. The business had revenue of $40.52 million for the quarter, compared to the consensus estimate of $33.56 million. China BAK Battery had a negative return on equity of 7.54% and a negative net margin of 6.29%.

Institutional Investors Weigh In On China BAK Battery

Institutional investors and hedge funds have recently made changes to their positions in the company. XTX Topco Ltd bought a new stake in shares of China BAK Battery during the first quarter worth $27,000. Marshall Wace LLP bought a new stake in shares of China BAK Battery during the fourth quarter worth $96,000. Empowered Funds LLC raised its position in shares of China BAK Battery by 8.7% during the first quarter. Empowered Funds LLC now owns 355,536 shares of the electronics maker's stock worth $283,000 after acquiring an additional 28,411 shares during the last quarter. Finally, Bridgeway Capital Management LLC raised its position in shares of China BAK Battery by 2.5% during the fourth quarter. Bridgeway Capital Management LLC now owns 687,125 shares of the electronics maker's stock worth $646,000 after acquiring an additional 16,788 shares during the last quarter. Institutional investors own 1.97% of the company's stock.

About China BAK Battery

CBAK Energy Technology, Inc, together with its subsidiaries, manufacture, commercialization, and distribution of lithium ion high power rechargeable batteries in Mainland China, the United States, Europe, and internationally. The company operates in two segments, CBAK and Hitrans. Its lithium batteries are used in various applications, including electric vehicles, such as electric cars, electric buses, and hybrid electric cars and buses; light electric vehicles, such as electric bicycles, electric motors, electric tricycles, and smaller-sized electric cars; and electric tools, energy storage, uninterruptible power supply, and other high power applications, as well as cordless power tools.