12 Month Price Forecast For CBAT
Distance to CBAT Price Forecasts
CBAT Price Momentum
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Disclaimer: The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.
Data last updated: January 23, 2025 4:09 AM UTC
CBAT Analyst Ratings & Price Targets
Currently, there are no Wall Street analyst price targets or forecasts available for CBAT (CBAK Energy).
CBAT is currently trading at $0.93. Without active analyst coverage, investors should conduct thorough independent research and consider multiple data points beyond price targets when evaluating this stock for their portfolio.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
CBAT Analyst Consensus
CBAT Price Target Range
Latest CBAT Stock Forecasts by Analyst
These are the latest 20 analyst ratings and price targets for CBAT.
| Date | Firm | Analyst | Rating | Change | Price Target |
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The following stocks are similar to CBAK Energy based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
CBAK Energy Technology Inc (CBAT) Financial Data
CBAK Energy Technology Inc has a market capitalization of $82.51M with a P/E ratio of 7.6x. The company generates $226.24M in trailing twelve-month revenue with a 7.9% profit margin.
Revenue growth is +12.7% quarter-over-quarter, while maintaining an operating margin of +12.4% and return on equity of +10.1%.
Valuation Metrics
Growth & Margins
Financial Health
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CBAK Energy Technology Inc (CBAT) Company Overview
About CBAK Energy Technology Inc
Manufactures lithium ion high power batteries.
The company generates revenue through the manufacture, commercialization, and distribution of lithium ion rechargeable batteries across various sectors including electric vehicles and energy storage systems. It operates through two segments, CBAK and Hitrans, focusing on a range of applications from electric cars to cordless power tools.
CBAK Energy Technology, Inc. is based in Dalian, China, and was formerly known as China BAK Battery, Inc. The company also develops NCM precursor and cathode materials, expanding its footprint in the battery supply chain.
Company Information
Sector
Industrials
Industry
Electrical Equipment & Parts
Employees
1,456
CEO
Mr. Zhiguang Hu
Country
China
IPO Year
N/A
Website
www.cbak.com.cnCBAK Energy Technology Inc (CBAT) Latest News & Analysis
CBAK Energy Technology, Inc. announced that its subsidiary secured purchase orders for lithium-ion battery cells from Ather Energy, a leading electric two-wheeler manufacturer in India.
CBAK Energy's secured orders from Ather Energy enhance its market position in the growing electric vehicle sector, potentially boosting revenue and investor confidence.
CBAK Energy Technology, Inc. has finalized procurement agreements and prepayments for equipment and utilities for two production lines at its Nanjing Phase II project.
CBAK Energy's successful procurement and prepayment for production equipment signals readiness to scale operations, potentially boosting battery supply and revenue in a growing market.
CBAK Energy Technology, Inc. announced that its subsidiary, Nanjing CBAK, has received significant orders from Anker Innovations, enhancing its position in the battery manufacturing sector.
CBAK Energy's secured orders from Anker Innovations indicate strong demand for its battery technology, potentially boosting revenue and market position, which could positively impact stock performance.
CBAK Energy Technology, Inc. (NASDAQ: CBAT) will hold its Q3 2024 Earnings Conference Call on November 12, 2024, at 8:00 AM ET. Key participants include CFO Jiewei Li and CEO Zhiguang Hu.
The earnings call will provide key insights into CBAK's financial performance and strategic direction, influencing investor sentiment and stock valuation.
CBAK Energy Reports Third Quarter & First Nine Months of 2024 Unaudited Financial Results
2 months agoCBAK Energy (NASDAQ: CBAT) reported Q3 2024 net revenues of $113.9 million, an 18.4% increase from $96.2 million in Q3 2023.
CBAK Energy's 18.4% revenue growth in Q3 2024 indicates strong demand in the lithium-ion battery market, signaling potential for future profitability and investment opportunities.
CBAK Energy to Report Third Quarter 2024 Unaudited Financial Results on Tuesday, November 12, 2024
2 months agoCBAK Energy Technology, Inc. (NASDAQ: CBAT) will report its Q3 2024 financial results on November 12, 2024, before U.S. market opens. Results will be available on their Investor Relations website.
CBAK Energy's upcoming Q3 earnings report could influence its stock price and investor sentiment, particularly in the competitive lithium-ion battery market.
Frequently Asked Questions About CBAT Stock
What is CBAK Energy Technology Inc's (CBAT) stock forecast for 2025?
Based on our analysis of 0 Wall Street analysts, CBAK Energy Technology Inc (CBAT) has a median price target of $2.00. The highest price target is $2.00 and the lowest is $2.00.
Is CBAT stock a good investment in 2025?
Analyst ratings for CBAT are not currently available. The stock is currently trading at $0.93. Investment decisions should be based on thorough research and your personal financial goals. Always conduct your own research and consider your investment goals before making investment decisions.
What is the price prediction for CBAT stock?
Wall Street analysts predict CBAT stock could reach $2.00 in the next 12 months. This represents a 115.1% increase from the current price of $0.93. Please note that this is a projection by Wall Street analysts and not a guarantee.
What is CBAK Energy Technology Inc's business model?
The company generates revenue through the manufacture, commercialization, and distribution of lithium ion rechargeable batteries across various sectors including electric vehicles and energy storage systems. It operates through two segments, CBAK and Hitrans, focusing on a range of applications from electric cars to cordless power tools.
What is the highest forecasted price for CBAT CBAK Energy Technology Inc?
The highest price target for CBAT is $2.00 from at , which represents a 115.1% increase from the current price of $0.93.
What is the lowest forecasted price for CBAT CBAK Energy Technology Inc?
The lowest price target for CBAT is $2.00 from at , which represents a 115.1% increase from the current price of $0.93.
What is the overall CBAT consensus from analysts for CBAK Energy Technology Inc?
Analyst ratings for CBAT are not currently available. The stock is trading at $0.93.
How accurate are CBAT stock price projections?
Stock price projections, including those for CBAK Energy Technology Inc, are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
