Zacks Small Cap Has Negative Forecast for 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) - Stock analysts at Zacks Small Cap dropped their Q3 2025 earnings per share (EPS) estimates for China BAK Battery in a research report issued on Tuesday, August 19th. Zacks Small Cap analyst B. Lantier now anticipates 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 research note on Saturday, June 14th.

China BAK Battery Stock Performance

China BAK Battery stock remained flat at $0.99 during midday trading on Thursday. The company's stock had a trading volume of 138,960 shares, compared to its average volume of 155,861. China BAK Battery has a 12 month low of $0.5670 and a 12 month high of $1.30. The company has a quick ratio of 0.64, a current ratio of 0.72 and a debt-to-equity ratio of 0.04. The company's fifty day simple moving average is $1.06 and its 200 day simple moving average is $0.92. The company has a market capitalization of $87.76 million, a price-to-earnings ratio of -9.90 and a beta of 1.70.

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

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Empowered Funds LLC raised its stake in shares of China BAK Battery by 8.7% during the 1st quarter. Empowered Funds LLC now owns 355,536 shares of the electronics maker's stock worth $283,000 after buying an additional 28,411 shares during the last quarter. XTX Topco Ltd acquired a new position in shares of China BAK Battery during the 1st quarter worth $27,000. Bridgeway Capital Management LLC raised its stake in shares of China BAK Battery by 2.5% during the 4th quarter. Bridgeway Capital Management LLC now owns 687,125 shares of the electronics maker's stock worth $646,000 after buying an additional 16,788 shares during the last quarter. Finally, Marshall Wace LLP acquired a new position in China BAK Battery in the 4th quarter valued at about $96,000. Institutional investors and hedge funds 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.