Geely Automobile Holdings’s Stock Price Tumbles to 16.88 HKD, Records a 5.70% Drop: Is It Time to Buy?

Geely Automobile Holdings (175)

16.88 HKD -1.02 (-5.70%) Volume: 194.58M

Geely Automobile Holdings’s stock price is currently at 16.88 HKD, experiencing a -5.70% change this trading session with a trading volume of 194.58M, yet maintaining a positive YTD performance with a +13.90% increase, showcasing its resilient growth in the market.

Latest developments on Geely Automobile Holdings

Geely Auto has been making waves in the automotive industry with the introduction of their new smart driving system, G-Pilot, designed to rival competitors like BYD God’s Eye and Tesla FSD in China. The company recently reported an impressive 84% year-on-year increase in auto sales for February 2025, further boosting investor confidence. Geely’s strategic move to make their AI-powered pilot system available across all brands is seen as a significant step as the EV competition shifts its focus to smart driving technology. With partnerships like the USD 659 million autopilot joint venture with Maichi, Geely is positioning itself as a key player in the intelligent driving market. Analysts at BofAS are optimistic about Geely Auto‘s sales outlook for 2025, rating the stock as a buy and highlighting its competitive advantages in price and ADAS capabilities. As Geely continues to innovate and expand its product offerings, the stock price movements reflect the market’s positive response to these developments.

Geely Automobile Holdings on Smartkarma

Analyst coverage on Geely Auto by Ming Lu on Smartkarma shows a positive outlook for the company. In one report titled “Geely (175 HK): Deliveries Up by 32% in 2024 – BEV Supporting 2H24”, it is highlighted that Geely’s sales volume grew by 32% in 2024 with a growth target of 25% for 2025. The report also mentions the booming trend of BEV in the second half of 2024 and the promising outlook for the overseas market. Another report by Ming Lu, “Geely (175 HK): 3Q24, Revenue up by 20% and Operating Profit up by 129% (2nd Largest in China)”, indicates a revenue growth of 20% YoY and a 129% increase in operating profit in the third quarter of 2024.

Furthermore, the analyst coverage by Ming Lu also includes a report on Geely transitioning from PHEV to BEV, with deliveries growing by 27% YoY in November 2024. The accelerated growth rate of BEV deliveries from 26% YoY in July to 173% YoY in November is highlighted, along with Geely’s competitive financial ratios. Overall, the reports suggest a bullish sentiment towards Geely Auto‘s performance and future prospects in the automotive market.

A look at Geely Automobile Holdings Smart Scores

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, according to Smartkarma Smart Scores, shows promising long-term outlook in terms of Resilience and Momentum. With a score of 4 in Resilience, the company demonstrates its ability to withstand economic challenges and market fluctuations. Additionally, a high score of 5 in Momentum suggests a strong upward trend in the company’s performance. These factors indicate a positive trajectory for Geely Auto in the future.

While Geely Auto‘s Value and Dividend scores are moderate, with scores of 3 and 2 respectively, the company still maintains a decent outlook for Growth, scoring a 3. This indicates potential for expansion and development in the coming years. Overall, Geely Auto‘s Smartkarma Smart Scores paint a picture of a company with solid resilience, strong momentum, and promising growth prospects in the passenger vehicles manufacturing 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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