Zacks Research Predicts Lower Earnings for China BAK Battery

China BAK Battery, Inc. (NASDAQ:CBAT) – Zacks Research cut their Q3 2026 earnings per share estimates for China BAK Battery in a report issued on Tuesday, May 19th. Zacks Research analyst B. Lantier now anticipates that the electronics maker will earn $0.00 per share for the quarter, down from their previous 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 Q3 2027 earnings at $0.07 EPS, Q4 2027 earnings at $0.08 EPS and FY2027 earnings at $0.24 EPS.

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

China BAK Battery Stock Performance

Shares of CBAT opened at $0.73 on Thursday. The stock’s 50-day simple moving average is $0.83 and its 200 day simple moving average is $0.88. The stock has a market capitalization of $64.31 million, a price-to-earnings ratio of -4.03 and a beta of 1.30. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.43 and a current ratio of 0.65. China BAK Battery has a 52-week low of $0.70 and a 52-week high of $1.25.

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

Institutional Trading of China BAK Battery

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

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.