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 shares of 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 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 Q3 2027 earnings at $0.07 EPS, Q4 2027 earnings at $0.08 EPS and FY2027 earnings at $0.24 EPS.

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

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

China BAK Battery Stock Performance

Shares of NASDAQ CBAT opened at $0.73 on Thursday. The stock has a market cap of $64.31 million, a price-to-earnings ratio of -4.03 and a beta of 1.30. The company has a current ratio of 0.65, a quick ratio of 0.43 and a debt-to-equity ratio of 0.08. China BAK Battery has a 1-year low of $0.70 and a 1-year high of $1.25. The stock’s 50-day moving average is $0.83 and its 200 day moving average is $0.88.

Institutional Trading of China BAK Battery

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

China BAK Battery Company Profile

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.