Zacks Research Issues Pessimistic Outlook for CBAT Earnings

China BAK Battery, Inc. (NASDAQ:CBAT) – Analysts at Zacks Research cut their Q2 2026 earnings per share (EPS) estimates for China BAK Battery in a research note issued on Tuesday, May 19th. Zacks Research analyst B. Lantier now forecasts that the electronics maker will post earnings of ($0.06) per share for the quarter, down from their prior forecast of ($0.03). The consensus estimate for China BAK Battery’s current full-year earnings is ($0.01) per share. Zacks Research also issued estimates for China BAK Battery’s FY2026 earnings at ($0.11) EPS.

China BAK Battery (NASDAQ:CBAT) last released its earnings results on Monday, May 18th. The electronics maker reported ($0.10) earnings per share for the quarter, missing the consensus estimate of ($0.05) by ($0.05). China BAK Battery had a negative net margin of 7.43% and a negative return on equity of 15.32%. The company had revenue of $69.62 million during the quarter, compared to analyst estimates of $70.23 million.

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of China BAK Battery in a research report on Monday, April 20th. One analyst has rated the stock with a Sell rating, According to MarketBeat, China BAK Battery has a consensus rating of “Sell”.

China BAK Battery Price Performance

China BAK Battery stock opened at $0.74 on Friday. The company has a current ratio of 0.65, a quick ratio of 0.43 and a debt-to-equity ratio of 0.08. The firm has a market capitalization of $65.91 million, a P/E ratio of -4.13 and a beta of 1.30. The business has a 50-day moving average of $0.83 and a 200-day moving average of $0.87. China BAK Battery has a 1 year low of $0.70 and a 1 year high of $1.25.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in China BAK Battery stock. Empowered Funds LLC raised its holdings in China BAK Battery, Inc. (NASDAQ:CBAT) by 8.7% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 355,536 shares of the electronics maker’s stock after acquiring an additional 28,411 shares during the period. Empowered Funds LLC owned about 0.40% of China BAK Battery worth $283,000 as of its most recent filing with the Securities and Exchange Commission. Institutional investors and hedge funds own 1.97% of the company’s stock.

About China BAK Battery

China BAK Battery Inc (NASDAQ: CBAT) is a China-based developer and manufacturer of rechargeable lithium-ion batteries and related power solutions. The company’s core product lines include small, medium and large format batteries, battery modules and pack assemblies designed for consumer electronics, electric vehicles, energy storage systems and other industrial applications. China BAK Battery offers polymer lithium-ion cells, prismatic and cylindrical cells, as well as integrated battery systems tailored to meet the performance requirements of its clients.

Founded in 2001 and headquartered in Shenzhen, China BAK Battery has expanded its manufacturing footprint and research and development capabilities over the years to serve customers across Asia, Europe and North America.