Zacks Research Cuts Earnings Estimates for China BAK Battery

China BAK Battery, Inc. (NASDAQ:CBAT) – Analysts at Zacks Research decreased their Q2 2026 EPS estimates for China BAK Battery in a research note issued to investors on Tuesday, May 19th. Zacks Research analyst B. Lantier now expects that the electronics maker will post earnings of ($0.06) 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 FY2026 earnings at ($0.11) EPS.

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

China BAK Battery Stock Up 2.5%

Shares of CBAT stock opened at $0.74 on Friday. The company has a market capitalization of $65.91 million, a price-to-earnings ratio of -4.13 and a beta of 1.30. China BAK Battery has a twelve month low of $0.70 and a twelve month high of $1.25. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.43 and a current ratio of 0.65. The stock’s 50 day simple moving average is $0.83 and its 200 day simple moving average is $0.87.

China BAK Battery (NASDAQ:CBAT) last released its quarterly earnings data 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). China BAK Battery had a negative net margin of 7.43% and a negative return on equity of 15.32%. The business had revenue of $69.62 million during the quarter, compared to analyst estimates of $70.23 million.

Institutional Investors Weigh In On China BAK Battery

A hedge fund recently raised its stake in China BAK Battery stock. Empowered Funds LLC grew its holdings in China BAK Battery, Inc. (NASDAQ:CBAT) by 8.7% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 355,536 shares of the electronics maker’s stock after buying an additional 28,411 shares during the quarter. Empowered Funds LLC owned approximately 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.

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.