Market Movers

Geely Automobile Holdings’s Stock Price Soars to 17.52 HKD, Witnessing a Robust Increase of 4.41%

Geely Automobile Holdings (175)

17.52 HKD +0.74 (+4.41%) Volume: 137.97M

Geely Automobile Holdings’s stock price is currently at 17.52 HKD, experiencing a positive surge of +4.41% this trading session, with a robust trading volume of 137.97M. With a commendable year-to-date percentage change of +18.22%, Geely’s stock performance continues to show promising growth.


Latest developments on Geely Automobile Holdings

Geely Auto made headlines today as the Chinese carmaker offered to take its electric vehicle unit, Zeekr, private in a $2.2 billion deal. The proposal comes just a year after Zeekr’s New York Stock Exchange listing, with Geely aiming to buy full control of the EV brand and delist it from the NYSE. This move led to a nearly 7% rise in Geely’s shares, reflecting investor optimism in the potential asset consolidation and growth opportunities that the merger with Zeekr could bring. With Zeekr’s stock price surging on the privatization bid, Geely is positioning itself for a strategic move in the competitive NEV market, signaling a significant development in the company’s expansion plans.


Geely Automobile Holdings on Smartkarma

Analyst Ming Lu on Smartkarma has provided bullish coverage on Geely Auto, highlighting the company’s strong performance in 2024. According to Ming Lu‘s research reports, Geely’s total revenue increased by 34% and sales volume grew by 32% in 2024. The operating margin also improved to 4%, compared to 2% in the previous year. With a projected upside of 51% and a price target of HK$28.00, Ming Lu recommends a “Buy” rating on Geely Auto.

In another report, Ming Lu discusses Geely’s delivery growth and shift towards BEVs (Battery Electric Vehicles). Geely’s deliveries reached 46% of BYD in 1Q25, showing a significant acceleration in delivery growth rates since December 2024. The analyst believes that even without production capacity expansion, BEV deliveries can continue to grow significantly YoY in 2Q25 and 3Q25. With a positive outlook on Geely’s sales volume and market expansion, Ming Lu‘s analysis indicates promising prospects for the company’s future performance.


A look at Geely Automobile Holdings Smart Scores

FactorScoreMagnitude
Value3
Dividend2
Growth5
Resilience4
Momentum5
OVERALL SMART SCORE3.8

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Geely Auto‘s long-term outlook appears promising, with high scores in Growth and Momentum according to Smartkarma Smart Scores. The company is expected to experience strong growth and maintain positive momentum in the market, which bodes well for its future performance. Additionally, Geely Auto has a solid Resilience score, indicating its ability to withstand market fluctuations and challenges.

While Geely Auto has lower scores in Value and Dividend, its overall outlook remains positive due to its strong performance in key areas such as Growth and Momentum. As a passenger vehicles manufacturing company, Geely Auto is focused on development, manufacturing, sales, and exports of passenger vehicles. With a solid foundation and high scores in critical factors, Geely Auto is positioned for long-term success in the industry.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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