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Kandi Technologies ( (KNDI) ) has shared an update.
Kandi Technologies reported a significant decline in its financial performance for the first half of 2025, with revenues dropping by 39.3% year-over-year to $36.3 million, primarily due to decreased sales of off-road vehicles and EV products. Despite the revenue decline, the company maintained a solid financial position with $257 million in cash and cash equivalents. The company’s gross margin improved to 45.2% from 31.7% in the previous year, attributed to a favorable product mix and regional revenue shifts. Operating expenses decreased, but research and development costs rose due to a new battery project. The net income for the period was $1.7 million, a decrease of 28.7% from the previous year, impacted by reduced revenues and losses from long-term investments.
The most recent analyst rating on (KNDI) stock is a Hold with a $1.50 price target. To see the full list of analyst forecasts on Kandi Technologies stock, see the KNDI Stock Forecast page.
Spark’s Take on KNDI Stock
According to Spark, TipRanks’ AI Analyst, KNDI is a Neutral.
Kandi Technologies’ overall stock score is primarily impacted by its weak financial performance and poor valuation metrics. While technical indicators show some positive momentum, the overbought RSI suggests caution. The lack of earnings call data and corporate events means these factors do not influence the score.
To see Spark’s full report on KNDI stock, click here.
More about Kandi Technologies
Kandi Technologies Group, Inc., based in Jinhua, Zhejiang Province, China, is a company involved in the production of off-road vehicles and electric vehicle (EV) products. The company operates in the new energy vehicle industry, focusing on developing and manufacturing innovative transportation solutions.
Average Trading Volume: 200,716
Technical Sentiment Signal: Sell
Current Market Cap: $110.1M
For an in-depth examination of KNDI stock, go to TipRanks’ Overview page.