Kandi Technologies Group Inc

Kandi Technologies Group Inc Stock Forecast & Price Prediction

Live Kandi Technologies Group Inc Stock (KNDI) Price
$1.05

0

Ratings

  • Buy 0
  • Hold 0
  • Sell 0
Disclaimer : 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. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$1.05

P/E Ratio

107.00

Volume Traded Today

$222,753

Dividend

Dividends not available for KNDI

52 Week High/low

3.13/1.02

Kandi Technologies Group Inc Market Cap

$90.4M

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KNDI Summary

Based on ratings from 0 stock analysts, the Kandi Technologies Group Inc stock price is expected to decrease by 100% in 12 months. This is calculated by using the average 12-month stock price forecast for Kandi Technologies Group Inc. The lowest target is $ and the highest is $. Please note analyst price targets are not guaranteed and could be missed completely.

KNDI Analyst Ratings

About 0 Wall Street analysts have assignedKNDI 0 buy ratings, 0 hold ratings, and 0 sell ratings. This means that analysts expect Kandi Technologies Group Inc to sell. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on KNDI. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.

KNDI stock forecast by analyst

These are the latest 20 analyst ratings of KNDI.

Analyst/Firm

Rating

Price Target

Change

Date

Michael Heim
Noble Capital Markets

Outperform

$5

Initiates

Dec 2, 2021

KNDI Company Information

What They Do: Designs and manufactures electric vehicles and parts.

Business Model: The company generates revenue by designing, developing, and selling a range of electric vehicles and off-road vehicles, including utility vehicles and scooters. It also produces battery packs and a smart battery swap system, catering to both individual consumers and commercial clients.

Other Information: Founded in 2002 and headquartered in Jinhua, China, the company has expanded its operations to include the United States. Its diverse product portfolio positions it well within the growing electric vehicle market.
KNDI
Kandi Technologies Group Inc (KNDI)

When did it IPO

2007

Staff Count

840

Country

China

Sector/Industry

Consumer Cyclical/Auto Parts

CEO

Mr. Xueqin Dong

Market Cap

$90.4M

Kandi Technologies Group Inc (KNDI) Financial Data

In 2023, KNDI generated $123.6M in revenue, which was a increase of 4.91% from the previous year. This can be seen as a signal that KNDI's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

$76.9M

Revenue From 2021

$91.5M

18.94 %
From Previous Year

Revenue From 2022

$117.8M

28.78 %
From Previous Year

Revenue From 2023

$123.6M

4.91 %
From Previous Year
  • Revenue TTM $124.6M
  • Operating Margin TTM -3.2%
  • Gross profit TTM $41.4M
  • Return on assets TTM -1.9%
  • Return on equity TTM -0.2%
  • Profit Margin -1.1%
  • Book Value Per Share 4.63%
  • Market capitalisation $90.4M
  • Revenue for 2021 $91.5M
  • Revenue for 2022 $117.8M
  • Revenue for 2023 $123.6M
  • EPS this year (TTM) $-0.08

Kandi Technologies Group Inc (KNDI) Latest News

News Image

Mon, 02 Dec 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - Kandi Technologies appointed Mr. Bin Yu as CEO of its U.S. subsidiary, SC Autosports, to enhance strategic development efforts in the all-electric vehicle market.

Why It Matters - Kandi's CEO appointment signals a strategic shift in its U.S. operations, potentially enhancing growth prospects and investor confidence in its electric vehicle initiatives.

News Image

Mon, 18 Nov 2024

Sentiment - NEUTRAL

Source - Seeking Alpha

Summary - Kandi Technologies Group, Inc. will hold its Q3 2024 Earnings Conference Call on November 18, 2024, at 8:00 AM ET, featuring key company executives and analysts.

Why It Matters - The earnings call indicates Kandi Technologies will share key financial results and insights, impacting investor sentiment and stock performance based on company performance and future guidance.

News Image

Mon, 18 Nov 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - Kandi Technologies Group, Inc. (NASDAQ: KNDI) announced its financial results for Q3 2024 on November 18, 2024. Further details on performance were not provided in the excerpt.

Why It Matters - Kandi Technologies' Q3 2024 financial results can impact stock performance, investor sentiment, and future growth prospects, influencing investment decisions and market valuation.

News Image

Wed, 13 Nov 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - Kandi Technologies Group, Inc. will report its Q3 2024 financial results on November 18, 2024, according to their announcement.

Why It Matters - Kandi Technologies' upcoming Q3 2024 financial results may impact stock performance and investor sentiment, influencing valuations and trading strategies.

News Image

Thu, 10 Oct 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - Kandi Technologies Group, Inc. announced changes to its Board and executive leadership effective October 6, 2024, emphasizing a focus on long-term growth and shareholder value.

Why It Matters - Leadership changes at Kandi Technologies signal a strategic shift, potentially impacting investor confidence and future performance in the electric vehicle sector.

News Image

Fri, 11 Oct 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - Kandi Technologies Group appointed Dr. Xueqin Dong as Chairman and Mr. Feng Chen as CEO, following the resignation of Mr. Xiaoming Hu, effective October 6, 2024.

Why It Matters - Leadership changes at Kandi Technologies can impact strategic direction and investor confidence, potentially affecting stock performance and company stability.

...

KNDI Frequently asked questions

The highest forecasted price for KNDI is $ from at .

The lowest forecasted price for KNDI is $ from from

The KNDI analyst ratings consensus are 0 buy ratings, 0 hold ratings, and 0 sell ratings.