ECX
ECX 1-star rating from Upturn Advisory

ECARX Holdings Inc. Class A Ordinary shares (ECX)

ECARX Holdings Inc. Class A Ordinary shares (ECX) 1-star rating from Upturn Advisory
$2.22
Last Close (24-hour delay)
Profit since last BUY8.29%
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BUY since 36 days
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Upturn Advisory Summary

11/04/2025: ECX (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

Upturn 1 star rating for performance

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

2 star rating from financial analysts

6 Analysts rated it

Limited analyst coverage, niche firm, research info may be scarce.

1 Year Target Price $3.58

1 Year Target Price $3.58

Analysts Price Target For last 52 week
$3.58 Target price
52w Low $0.76
Current$2.22
52w High $3.25

Analysis of Past Performance

Type Stock
Historic Profit -82.52%
Avg. Invested days 33
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 1.0
Stock Returns Performance Upturn Returns Performance icon 1.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 11/04/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 867.48M USD
Price to earnings Ratio -
1Y Target Price 3.58
Price to earnings Ratio -
1Y Target Price 3.58
Volume (30-day avg) 6
Beta 0.7
52 Weeks Range 0.76 - 3.25
Updated Date 11/4/2025
52 Weeks Range 0.76 - 3.25
Updated Date 11/4/2025
Dividends yield (FY) -
Basic EPS (TTM) -0.21

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -18.79%
Operating Margin (TTM) -31.89%

Management Effectiveness

Return on Assets (TTM) -14.9%
Return on Equity (TTM) -2237.58%

Valuation

Trailing PE -
Forward PE -
Enterprise Value 1040561892
Price to Sales(TTM) 1.15
Enterprise Value 1040561892
Price to Sales(TTM) 1.15
Enterprise Value to Revenue 1.33
Enterprise Value to EBITDA -0.87
Shares Outstanding 303830359
Shares Floating 123836605
Shares Outstanding 303830359
Shares Floating 123836605
Percent Insiders 59.24
Percent Institutions 5.7

Icon representing Upturn AI-generated SWOT analysis summary Upturn AI SWOT

ECARX Holdings Inc. Class A Ordinary shares

ECARX Holdings Inc. Class A Ordinary shares(ECX) company logo displayed in Upturn AI summary

Company Overview

Company history and background logo History and Background

ECARX Holdings Inc. was founded in 2016 by Eric Li (Li Shufu) and Shen Ziyu, focusing on developing automotive technology solutions. It merged with COVA Acquisition Corp., a special purpose acquisition company (SPAC), and began trading on the Nasdaq under the ticker symbol ECX on December 21, 2022.

Company business area logo Core Business Areas

  • Automotive Intelligence: ECARX designs, develops, and offers automotive intelligence solutions, including infotainment systems, digital cockpits, software and hardware solutions for connected car technology.
  • Chip Design: ECARX has ventures into chip design, aiming to integrate its software and hardware offerings more deeply.

leadership logo Leadership and Structure

Ziyu Shen serves as the Chairman and CEO. The organizational structure includes departments for R&D, product development, sales, and operations. ECARX collaborates with automakers like Geely and Lotus.

Top Products and Market Share

Product Key Offerings logo Key Offerings

  • Infotainment Systems: ECARX's infotainment systems are integrated into several car models. Market share data is not readily available, but they compete with companies like Harman, Visteon, and Bosch. Revenue contribution of this segment is difficult to derive.
  • Digital Cockpits: ECARX provides digital cockpit solutions enhancing driver and passenger experience. Market share details are limited but they are competing with the likes of Panasonic and Aptiv. Revenue contribution of this segment is difficult to derive.
  • Automotive Chips: ECARX produces automotive chips in partnership with other companies. The chips are used to power infotainment and ADAS systems. Competitors include Qualcomm and Nvidia. Revenue contribution of this segment is difficult to derive.

Market Dynamics

industry overview logo Industry Overview

The automotive technology industry is experiencing rapid growth, driven by increasing demand for connected, autonomous, shared, and electric (CASE) vehicles. Software-defined vehicles and advanced driver-assistance systems (ADAS) are key areas of focus.

Positioning

ECARX aims to be a leading provider of automotive intelligence solutions, focusing on the Chinese market and expanding globally. Their competitive advantage lies in close collaboration with automakers and integrated hardware/software offerings.

Total Addressable Market (TAM)

The global automotive software market is projected to reach hundreds of billions of dollars in the coming years. ECARX is positioned to capture a share of this TAM through its partnerships and technology offerings.

Upturn SWOT Analysis

Strengths

  • Strong relationships with major automakers (e.g., Geely)
  • Integrated hardware and software solutions
  • Focus on the rapidly growing Chinese automotive market
  • Innovative product development capabilities

Weaknesses

  • Relatively young company with limited financial resources compared to established competitors
  • Dependence on a few key customers
  • Limited global brand recognition
  • Supply Chain vulnerabilities

Opportunities

  • Expanding partnerships with global automakers
  • Growing demand for advanced automotive technology solutions
  • Increasing adoption of electric vehicles and autonomous driving
  • Expanding into new geographic markets

Threats

  • Intense competition from established automotive technology providers
  • Rapid technological changes
  • Economic downturns impacting automotive sales
  • Regulatory changes affecting the automotive industry

Competitors and Market Share

Key competitor logo Key Competitors

  • NVDA
  • QCOM
  • MTSI
  • GSA.PA

Competitive Landscape

ECARX faces competition from established players with greater resources and brand recognition. Its strength lies in its close relationships with Chinese automakers and innovative product offerings. ECARX competes by providing an integrated hardware and software stack, giving it a competitive edge in cost and performance.

Growth Trajectory and Initiatives

Historical Growth: Limited historical data available due to recent SPAC merger.

Future Projections: Analyst estimates vary, but generally project growth in revenue driven by increasing adoption of ECARX's solutions by automakers.

Recent Initiatives: Partnerships with automakers for integrating ECARX technology, expansion into new product areas (e.g., chip design).

Summary

ECARX is a relatively young company with innovative technology and strong partnerships in the automotive industry, particularly with Geely. The company faces competition from established tech giants and needs to navigate potential economic downturns. ECARX's growth depends on expanding its customer base, leveraging its integrated hardware/software solutions, and successful entry into new markets like chip design. Its recent SPAC merger provides capital, but also introduces scrutiny, with financials yet to be fully detailed.

Similar Stocks

Sources and Disclaimers

Data Sources:

  • ECARX Holdings Inc. SEC Filings
  • Analyst Reports
  • Industry News and Publications

Disclaimers:

This analysis is based on available information and is subject to change. It does not constitute financial advice. Market share estimates are approximate and may vary depending on the source.

Information icon for Upturn AI Summarization accuracy disclaimer AI Summarization is directionally correct and might not be accurate.

Information icon for Upturn AI Summarization data freshness disclaimer Summarized information shown could be a few years old and not current.

Information icon warning about Upturn AI Fundamental Rating based on potentially old data Fundamental Rating based on AI could be based on old data.

Information icon warning about potential inaccuracies or hallucinations in Upturn AI-generated summaries AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About ECARX Holdings Inc. Class A Ordinary shares

Exchange NASDAQ
Headquaters -
IPO Launch date 2022-12-20
CEO & Chairman Mr. Ziyu Shen
Sector Consumer Cyclical
Industry Auto Parts
Full time employees 1600
Full time employees 1600

ECARX Holdings Inc. develops full-stack automotive computing platform to shape the interaction between people and cars by rapidly advancing the technology of smart mobility in China and internationally. The company offers system on a chip, central computing platforms, operating systems, and software. Its core products include infotainment head units, autonomous driving control units, digital cockpits, vehicle chip-set solutions, core operating system, and integrated software stack. It has entered into a strategic partnership agreement with Black Sesame Technologies. ECARX Holdings Inc. was founded in 2017 and is based in Shanghai, the People's Republic of China.