ZEEKR Intelligent Technology (NYSE:ZK - Get Free Report) had its price target lowered by equities research analysts at Macquarie from $47.00 to $38.00 in a research report issued on Wednesday,Benzinga reports. The firm currently has an "outperform" rating on the stock. Macquarie's price target indicates a potential upside of 44.71% from the company's current price.
ZEEKR Intelligent Technology Stock Performance
Shares of ZEEKR Intelligent Technology stock traded down $0.33 during trading hours on Wednesday, reaching $26.26. The company's stock had a trading volume of 443,755 shares, compared to its average volume of 781,260. The company has a market capitalization of $6.68 billion and a P/E ratio of -9.02. The stock's fifty day simple moving average is $23.77 and its two-hundred day simple moving average is $25.51. ZEEKR Intelligent Technology has a one year low of $13.00 and a one year high of $33.32.
ZEEKR Intelligent Technology (NYSE:ZK - Get Free Report) last announced its quarterly earnings results on Thursday, May 15th. The company reported ($0.39) earnings per share for the quarter, beating the consensus estimate of ($5.08) by $4.69. The business had revenue of $3.03 billion during the quarter. As a group, research analysts forecast that ZEEKR Intelligent Technology will post -1.76 earnings per share for the current year.
Institutional Inflows and Outflows
A number of large investors have recently modified their holdings of ZK. Brooklyn Investment Group grew its holdings in shares of ZEEKR Intelligent Technology by 2,014.8% in the first quarter. Brooklyn Investment Group now owns 1,290 shares of the company's stock valued at $31,000 after acquiring an additional 1,229 shares in the last quarter. Caitong International Asset Management Co. Ltd bought a new stake in shares of ZEEKR Intelligent Technology in the first quarter valued at approximately $44,000. Quantbot Technologies LP purchased a new stake in shares of ZEEKR Intelligent Technology during the fourth quarter worth $86,000. JPMorgan Chase & Co. bought a new position in ZEEKR Intelligent Technology in the 4th quarter worth about $145,000. Finally, Envestnet Asset Management Inc. bought a new position in shares of ZEEKR Intelligent Technology in the fourth quarter valued at approximately $202,000.
About ZEEKR Intelligent Technology
(
Get Free Report)
ZEEKR Intelligent Technology Holding Limited, an investment holding company, engages in the research and development, production, commercialization, and sale of the electric vehicles and batteries. It offers battery electric passenger vehicles (BEVs) and SUVs. The company also produces and sells electric powertrain and battery packs for electric vehicles, such as motors and electric control systems; and provides automotive related research and development services.
Further Reading
Before you consider ZEEKR Intelligent Technology, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and ZEEKR Intelligent Technology wasn't on the list.
While ZEEKR Intelligent Technology currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Summer 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
