BYD (OTCMKTS:BYDDF) Sets New 12-Month Low After Earnings Miss

BYD Company Limited (OTCMKTS:BYDDF)’s stock price reached a new 52-week low during mid-day trading on Thursday following a weaker than expected earnings announcement. The company traded as low as $8.54 and last traded at $8.6050, with a volume of 74,672 shares. The stock had previously closed at $8.98.

The company reported $0.16 earnings per share for the quarter, missing the consensus estimate of $0.19 by ($0.03).

More BYD News

Here are the key news stories impacting BYD this week:

• Positive Sentiment: BYD reported a 28% year-over-year increase in third-quarter net profit, supported by robust exports and overseas expansion as the company works to offset weaker demand in China. BYD Profit Jumps on Robust Exports but Misses Estimates
• Positive Sentiment: Third-quarter operating revenue reached RMB 221.49 billion, up approximately 13%, while strong profit growth suggests improving operating leverage despite challenging market conditions. BYD Delivers Strong Q3 2026 Profit Growth Amid Flat Year-to-Date Revenue
• Positive Sentiment: BYD and Gentari plan to introduce high-speed “Flash Charging” in Malaysia, initially through Denza showrooms and later at Petronas and highway locations. The rollout could support international sales and strengthen BYD’s charging ecosystem. BYD, Gentari to roll out Flash Charging in Malaysia
• Positive Sentiment: Reports that short sellers are reducing positions ahead of an expected profit rebound may indicate improving expectations and could reduce near-term selling pressure. BYD Short Sellers Retreat Ahead of Expected Profit Rebound
• Neutral Sentiment: BYD continues to promote premium products, including the Yangwang ultra-luxury sedan and Denza N8, with claims of very rapid charging and long driving range. These launches could improve brand perception, but commercial demand and profitability remain unproven. BYD takes aim at Rolls-Royce
• Neutral Sentiment: Coverage of BYD’s luxury strategy and its push into car culture could raise global brand awareness, although these initiatives are unlikely to materially affect near-term earnings. BYD Makes Surprising Bet on Car Culture
• Negative Sentiment: Despite higher profit and revenue, BYD missed analysts’ earnings expectations, while year-to-date revenue was broadly flat. The shortfall reinforces concerns about China’s competitive EV market and slowing domestic demand. BYD Profit Jumps on Robust Exports but Misses Estimates
• Negative Sentiment: Analysts and industry coverage continue to highlight the difficulty of scaling overseas sales profitably, including tariffs, logistics costs, and regulatory hurdles. BYD’s Green Pledge Meets a Harder Export Math

Wall Street Analysts Forecast Growth

Separately, UBS Group set a $20.00 target price on shares of BYD in a report on Friday, September 11th.

BYD Price Performance

The stock has a 50-day simple moving average of $10.15 and a 200-day simple moving average of $11.63. The stock has a market cap of $75.42 billion, a PE ratio of 19.19 and a beta of 0.07.

About BYD

BYD Co, Ltd. is a China-based technology and manufacturing company founded in 1995 and headquartered in Shenzhen. The company is best known for developing and producing electric and plug-in hybrid vehicles, including passenger cars, buses, trucks and other commercial vehicles under the BYD brand.

BYD also manufactures batteries and related energy-storage products, including batteries used in vehicles, renewable-energy systems and other applications. Its broader business activities include solar-power equipment, energy-storage solutions, rail transit systems and electronic components and assembly services for consumer and industrial products.

The company serves customers in China and international markets across Asia, Europe, North America, South America and other regions.