Lotus Technology Inc. Sponsored ADR (NASDAQ:LOT – Get Free Report) rose 4.3% during trading on Wednesday . The company traded as high as $1.2180 and last traded at $1.20. 234,480 shares were traded during trading, an increase of 58% from the average daily volume of 148,305 shares. The stock had previously closed at $1.15.
More Lotus Technology News
Here are the key news stories impacting Lotus Technology this week:
- Positive Sentiment: Lotus reported a substantially narrower loss for the first six months of 2026, with the loss down by more than half year over year. Quarterly adjusted EPS of $0.12 was better than the $0.18 loss analysts expected, providing the main catalyst for the stock’s rise. Forbes article on Lotus’s smaller loss
- Positive Sentiment: Vehicle deliveries grew 39% year over year to 3,904 units, helped by the launch of Lotus’s first plug-in hybrid electric vehicle. Management characterized the Eletre X and broader product rollout as important contributors to growth. Lotus Technology half-year 2026 results
- Positive Sentiment: Geely completed the acquisition of Lotus’s UK operations, bringing the technology and vehicle businesses under one corporate structure. The consolidation could improve operational coordination, product development and global brand execution. Geely completes Lotus UK acquisition
- Neutral Sentiment: The company also discussed its second-quarter performance and strategy on its earnings call, giving investors additional detail on the Focus 2030 plan and the recently launched products. Lotus Technology Q2 2026 earnings call transcript
- Negative Sentiment: Quarterly revenue of $134.05 million fell short of the $139.65 million consensus estimate, and Lotus remains unprofitable. Continued execution, demand and integration risks could limit the durability of the rally.
Analyst Ratings Changes
Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Lotus Technology in a research report on Friday, July 17th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company has a consensus rating of “Sell”.
Lotus Technology Stock Performance
The business’s 50 day moving average is $1.04 and its 200-day moving average is $1.16. The firm has a market capitalization of $802.61 million, a price-to-earnings ratio of -1.74 and a beta of 0.52.
Lotus Technology (NASDAQ:LOT – Get Free Report) last announced its earnings results on Thursday, August 27th. The company reported ($0.12) EPS for the quarter, topping the consensus estimate of ($0.18) by $0.06. The firm had revenue of $134.05 million during the quarter, compared to the consensus estimate of $139.65 million. Equities research analysts forecast that Lotus Technology Inc. Sponsored ADR will post -0.7 EPS for the current fiscal year.
Hedge Funds Weigh In On Lotus Technology
Institutional investors have recently made changes to their positions in the business. Jane Street Group LLC boosted its stake in Lotus Technology by 64.1% during the 1st quarter. Jane Street Group LLC now owns 16,966 shares of the company’s stock valued at $27,000 after purchasing an additional 6,629 shares during the period. Bank of America Corp DE lifted its holdings in shares of Lotus Technology by 178.8% during the fourth quarter. Bank of America Corp DE now owns 7,560 shares of the company’s stock worth $27,000 after buying an additional 4,848 shares during the last quarter. Finally, XTX Topco Ltd acquired a new position in shares of Lotus Technology during the second quarter worth approximately $34,000. 63.40% of the stock is currently owned by institutional investors.
About Lotus Technology
Lotus Technology Inc engages in the design, development, and sale of battery electric lifestyle vehicles worldwide. It also distributes sports cars. The company sells its products under the Lotus brand. Lotus Technology Inc is based in Shanghai, China.
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