ECARX (NASDAQ:ECX) Stock Price Down 8% – What’s Next?

Posted by Jay Halladay on Mar 11th, 2025

ECARX Holdings Inc. (NASDAQ:ECX – Get Free Report)’s share price dropped 8% during trading on Tuesday . The company traded as low as $2.70 and last traded at $2.46. 905,193 shares traded hands during trading, a decline of 56% from the average session volume of 2,064,213 shares. The stock had previously closed at $2.67.

Wall Street Analysts Forecast Growth

Separately, UBS Group started coverage on ECARX in a research note on Tuesday, February 11th. They issued a “buy” rating and a $3.20 price objective on the stock.

Get Our Latest Analysis on ECX

ECARX Trading Down 8.8 %

The company has a market capitalization of $822.91 million, a P/E ratio of -4.89 and a beta of 0.23. The stock has a 50 day moving average price of $2.02 and a 200 day moving average price of $1.89.

ECARX (NASDAQ:ECX – Get Free Report) last announced its quarterly earnings results on Tuesday, March 11th. The company reported ($0.01) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.03) by $0.02. On average, research analysts predict that ECARX Holdings Inc. will post -0.42 EPS for the current year.

Institutional Investors Weigh In On ECARX

Institutional investors have recently made changes to their positions in the stock. Two Sigma Securities LLC acquired a new stake in ECARX during the fourth quarter worth approximately $30,000. Tower Research Capital LLC TRC bought a new position in ECARX in the fourth quarter worth approximately $32,000. XTX Topco Ltd bought a new stake in shares of ECARX during the fourth quarter valued at approximately $52,000. Citadel Advisors LLC bought a new position in shares of ECARX in the 4th quarter worth $68,000. Finally, Green Alpha Advisors LLC acquired a new stake in ECARX in the 4th quarter valued at $167,000.

About ECARX

(Get Free Report)

ECARX Holdings Inc develops a full stack automotive computing platform to shape the interaction between people and cars by rapidly advancing the technology by smart mobility worldwide. It offers system on chips, central computing platforms, operating systems, and software. Its core products include infotainment head units, digital cockpits, vehicle chip-set solutions, core operating system, and integrated software stack.