BYD Has Hit A Rough Patch. It Still Plans To Sell 1.5 Million Cars Outside Of China This Year [Yahoo! Finance]
BYD CO LTD UNSP/ADR (BYDDY)
NASDAQ:AMEX Investor Relations:
byd.cn/bydenglish/investor
Company Research
Source: Yahoo! Finance
BYD says that it is "highly confident" that it will reach 1.5 million overseas sales in 2026. But it's facing dropping profits and shrinking share in its home market. BYD, the king of the global EV market, isn't letting a recent sales slump get it down. On a post-earnings briefing with analysts on Monday, the automaker said that it was "highly confident" that it would sell 1.5 million vehicles outside of China in 2026, Reuters reported . That's 15% more than the 1.3 million units it projected in January. BYD also noted that sales outside of China could eventually make up around half of its total business. BYD Seal 07 The more ambitious target comes during a difficult time for BYD. It announced a larger-than expected 38% drop in net income for the fourth quarter on Friday. And it posted a 19% drop in profits for the full year, its first annual decline in profits in four years. That is a product of intensifying competition, softening domestic demand, and a brutal pricing sque
Show less
Read more
Impact Snapshot
Event Time:
BYDDY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
BYDDY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
BYDDY alerts
High impacting BYD CO LTD UNSP/ADR news events
Weekly update
A roundup of the hottest topics
BYDDY
News
- Chinese carmakers are preparing to sell you an EV for $10,000. Here's why America isn't ready [Los Angeles Times (CA)]Los Angeles Times
- BYD Exports Surge 65% but Domestic Slump Enters Seventh Month [Yahoo! Finance]Yahoo! Finance
- Rising fuel prices boost EV interest [Yahoo! Finance]Yahoo! Finance
- China's EV Giant BYD Misses Earnings, Enters Brutal New Phase Of Competition [zero hedge]zero hedge
- BYD Signals 15% Export Beat, Targets 1.5 Million Vehicles by 2026 [Yahoo! Finance]Yahoo! Finance