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ECD Automotive Design extends CEO contract, refines costs

Story Highlights
  • ECD extended CEO Scott Wallace’s contract to 2027 while imposing a temporary 10% salary cut.
  • ECD agreed to take on builds from a regional 4×4 shop, boosting factory utilization and backlog volume.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
ECD Automotive Design extends CEO contract, refines costs

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ECD Automotive Design ( (ECDA) ) just unveiled an announcement.

On December 12, 2025, ECD Automotive Design extended Chief Executive Officer Scott Wallace’s employment agreement by two years through December 12, 2027, while imposing a temporary 10% reduction in his base salary effective the same date, to be reviewed quarterly, signaling a blend of leadership continuity and cost discipline. Also on December 12, 2025, the company announced an agreement to assume select builds from a regional 4×4 restoration and modification shop serving southern New England, committing at least 10% of its annual production capacity to the program; management said the deal is intended to increase factory utilization, add a minimum of 20 units per year to ECD’s backlog, improve fixed-cost absorption and unit economics, and better leverage its existing skilled workforce and advanced facility for incremental volume.

The most recent analyst rating on (ECDA) stock is a Hold with a $0.28 price target. To see the full list of analyst forecasts on ECD Automotive Design stock, see the ECDA Stock Forecast page.

Spark’s Take on ECDA Stock

According to Spark, TipRanks’ AI Analyst, ECDA is a Neutral.

ECD Automotive Design’s overall stock score is primarily impacted by severe financial difficulties, including negative profitability and high leverage. Technical analysis indicates a strong downward trend, and valuation metrics are poor. While there are positive developments in strategic initiatives and Nasdaq listing retention, these are overshadowed by significant financial and operational challenges.

To see Spark’s full report on ECDA stock, click here.

More about ECD Automotive Design

ECD Automotive Design, Inc., listed on Nasdaq under the ticker ECDA, is a creator of restored luxury vehicles that marries classic English design with modern performance. The company specializes in high-end, bespoke restorations of Land Rover Defenders, Land Rover Series IIA, Range Rover Classic, Jaguar E-Types, and recently added Ford Mustangs and Toyota FJs, all built in its 100,000-square-foot “Rover Dome” facility in Kissimmee, Florida. Founded in 2013 by three British enthusiasts, ECD employs a highly certified team of craftsmen and technicians and operates an affiliated U.K. logistics center to source 25-year-old vehicles for restoration, targeting a global market for premium custom restomods.

Average Trading Volume: 1,019,917

Technical Sentiment Signal: Sell

Current Market Cap: $1.4M

See more data about ECDA stock on TipRanks’ Stock Analysis page.

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