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Stock impact report

The CBAK Energy Technology, Inc. (NASDAQ:CBAT) Analyst Just Boosted Their Forecasts By A Huge Amount [Yahoo! Finance]

CBAK Energy Technology, Inc. (CBAT) 
Company Research Source: Yahoo! Finance
Consensus estimates suggest investors could expect greatly increased statutory revenues and earnings per share, with the analyst modelling a real improvement in business performance. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. After the upgrade, the sole analyst covering CBAK Energy Technology is now predicting revenues of US$343m in 2026. If met, this would reflect a major 112% improvement in sales compared to the last 12 months. Losses are expected to turn into profits real soon, with the analyst forecasting US$0.10 in per-share earnings. Previously, the analyst had been modelling revenues of US$251m and earnings per share (EPS) of US$0.08 in 2026. So we can see there's been a pretty clear increase in analyst sentiment in recent times, with both revenues and earnings per share receiving a decent lift in the latest estimates. Check out our latest analysis for CBAK Energy Technology NasdaqCM:CBAT Earnings Show less Read more
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