Zacks Small Cap Issues Optimistic Forecast for CBAT Earnings

China BAK Battery, Inc. (NASDAQ:CBAT) – Analysts at Zacks Small Cap increased their Q3 2026 EPS estimates for shares of China BAK Battery in a research report issued on Monday, November 10th. Zacks Small Cap analyst B. Lantier now forecasts that the electronics maker will post earnings per share of $0.05 for the quarter, up from their previous forecast of $0.04. The consensus estimate for China BAK Battery’s current full-year earnings is $0.19 per share. Zacks Small Cap also issued estimates for China BAK Battery’s FY2026 earnings at $0.10 EPS.

China BAK Battery (NASDAQ:CBAT) last issued its earnings results on Monday, November 10th. The electronics maker reported $0.03 EPS for the quarter, topping analysts’ consensus estimates of ($0.04) by $0.07. The business had revenue of $60.92 million for the quarter, compared to the consensus estimate of $39.27 million. China BAK Battery had a negative net margin of 6.29% and a negative return on equity of 7.54%.

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of China BAK Battery in a research report on Wednesday, October 8th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, China BAK Battery currently has a consensus rating of “Sell”.

China BAK Battery Stock Down 3.8%

Shares of NASDAQ CBAT opened at $0.91 on Wednesday. China BAK Battery has a 52-week low of $0.57 and a 52-week high of $1.28. The firm has a market capitalization of $80.23 million, a price-to-earnings ratio of -9.05 and a beta of 2.83. The stock has a 50 day moving average price of $0.93 and a 200 day moving average price of $0.97. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.53 and a current ratio of 0.72.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in China BAK Battery stock. XTX Topco Ltd acquired a new stake in shares of China BAK Battery, Inc. (NASDAQ:CBAT) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 34,119 shares of the electronics maker’s stock, valued at approximately $27,000. Hedge funds and other institutional investors own 1.97% of the company’s stock.

About China BAK Battery

CBAK Energy Technology, Inc, together with its subsidiaries, manufacture, commercialization, and distribution of lithium ion high power rechargeable batteries in Mainland China, the United States, Europe, and internationally. The company operates in two segments, CBAK and Hitrans. Its lithium batteries are used in various applications, including electric vehicles, such as electric cars, electric buses, and hybrid electric cars and buses; light electric vehicles, such as electric bicycles, electric motors, electric tricycles, and smaller-sized electric cars; and electric tools, energy storage, uninterruptible power supply, and other high power applications, as well as cordless power tools.