Q3 EPS Estimates for China BAK Battery Cut by Zacks Research

China BAK Battery, Inc. (NASDAQ:CBAT) – Research analysts at Zacks Research lowered their Q3 2026 EPS estimates for China BAK Battery in a research report issued to clients and investors on Monday, March 30th. Zacks Research analyst B. Lantier now forecasts that the electronics maker will post earnings per share of $0.03 for the quarter, down from their previous estimate of $0.05. The consensus estimate for China BAK Battery’s current full-year earnings is $0.19 per share. Zacks Research also issued estimates for China BAK Battery’s Q4 2026 earnings at $0.04 EPS, Q1 2027 earnings at $0.03 EPS, Q2 2027 earnings at $0.06 EPS, Q3 2027 earnings at $0.08 EPS, Q4 2027 earnings at $0.09 EPS and FY2027 earnings at $0.27 EPS.

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of China BAK Battery in a research report on Wednesday, January 21st. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Sell”.

China BAK Battery Stock Performance

CBAT stock opened at $0.83 on Wednesday. China BAK Battery has a 1-year low of $0.57 and a 1-year high of $1.25. The company has a current ratio of 0.69, a quick ratio of 0.54 and a debt-to-equity ratio of 0.04. The firm has a market cap of $73.32 million, a PE ratio of -8.27 and a beta of 1.26. The business’s 50-day moving average price is $0.91 and its two-hundred day moving average price is $0.91.

China BAK Battery (NASDAQ:CBAT) last announced its quarterly earnings results on Monday, March 30th. The electronics maker reported ($0.08) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.03) by ($0.05). The firm had revenue of $58.80 million during the quarter, compared to analyst estimates of $64.57 million. China BAK Battery had a negative net margin of 4.80% and a negative return on equity of 7.97%.

Hedge Funds Weigh In On China BAK Battery

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