ECARX (NASDAQ:ECX) Announces Earnings Results

by · The Cerbat Gem

ECARX (NASDAQ:ECX – Get Free Report) posted its quarterly earnings results on Tuesday. The company reported ($0.03) earnings per share for the quarter, missing the consensus estimate of ($0.01) by ($0.02), FiscalAI reports. The company had revenue of $131.50 million during the quarter, compared to analysts’ expectations of $204.66 million.

Here are the key takeaways from ECARX’s conference call:

  • ECARX said Q1 revenue came in at about $140 million for sales of goods, with gross margin expanding to 21.4% and adjusted EBITDA positive for the third straight quarter at $4 million.
  • Management reaffirmed full-year 2026 revenue guidance of $1.0 billion to $1.1 billion, saying the backlog and commercial pipeline support a stronger second half after a seasonal Q1 low.
  • The company highlighted strong commercial momentum, including a 73% year-over-year increase in shipments of high-end Pikes and Antora products, plus a new contract with a leading Chinese automaker outside the Geely ecosystem.
  • ECARX announced a major May Mobility partnership to develop and deliver thousands of autonomous-enabled vehicles, marking its first entry into the robotaxi market.
  • Management cautioned that memory-cost inflation and ongoing strategic investments could pressure gross margin and operating profitability in coming quarters, even as the company keeps tight cost discipline.

ECARX Price Performance

Shares of ECX stock opened at $0.96 on Wednesday. ECARX has a fifty-two week low of $0.88 and a fifty-two week high of $2.70. The stock’s 50-day moving average is $1.11 and its two-hundred day moving average is $1.58. The firm has a market cap of $342.21 million, a P/E ratio of -4.80 and a beta of 0.98.

Institutional Trading of ECARX

Large investors have recently added to or reduced their stakes in the business. Commonwealth of Pennsylvania Public School Empls Retrmt SYS bought a new stake in ECARX in the fourth quarter worth approximately $47,000. Millennium Management LLC bought a new stake in ECARX in the fourth quarter worth approximately $48,000. Integrated Wealth Concepts LLC bought a new stake in ECARX in the third quarter worth approximately $51,000. Caitong International Asset Management Co. Ltd acquired a new position in shares of ECARX during the 4th quarter valued at about $58,000. Finally, Squarepoint Ops LLC acquired a new position in shares of ECARX during the 3rd quarter valued at about $59,000.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on ECX. Zacks Research raised ECARX from a “strong sell” rating to a “hold” rating in a research report on Tuesday, April 14th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of ECARX in a research report on Monday, April 20th. One investment analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, ECARX presently has an average rating of “Reduce”.

Get Our Latest Stock Analysis on ECARX

About ECARX

(Get Free Report)

ECARX is a global automotive technology company focused on developing and delivering smart cockpit solutions for original equipment manufacturers (OEMs). The company designs and manufactures a range of in-vehicle computing platforms, central processing units, digital instrument clusters and multimedia infotainment systems. ECARX’s core offerings integrate software, hardware and cloud connectivity to create seamless user experiences for drivers and passengers.

The company’s product portfolio spans telematics control units, over-the-air update frameworks and next-generation human-machine interfaces (HMI).

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