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Zeekr Announces Merger with Geely to Become Wholly-Owned Subsidiary

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Elevate Your Investing Strategy:

ZEEKR Intelligent Technology Holding Limited Sponsored ADR ( (ZK) ) has shared an update.

On July 15, 2025, Zeekr Intelligent Technology Holding Limited announced a definitive merger agreement with Geely Automobile Holdings Limited and Keystone Mergersub Limited. This merger will result in Zeekr becoming a wholly-owned subsidiary of Geely, with Zeekr’s shares being exchanged for cash or newly issued Geely shares. The merger, expected to close in the fourth quarter of 2025, offers a premium to Zeekr’s shareholders and will lead to Zeekr becoming a privately held company, delisting from the New York Stock Exchange. The transaction reflects Geely’s strategic move to consolidate its position in the new energy vehicle market.

The most recent analyst rating on (ZK) stock is a Buy with a $32.40 price target. To see the full list of analyst forecasts on ZEEKR Intelligent Technology Holding Limited Sponsored ADR stock, see the ZK Stock Forecast page.

Spark’s Take on ZK Stock

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

ZEEKR’s score is primarily driven by strong revenue growth and a positive earnings outlook, despite financial instability and ongoing net losses. Technical indicators show mixed signals, and valuation remains a concern due to the negative P/E ratio.

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

More about ZEEKR Intelligent Technology Holding Limited Sponsored ADR

Zeekr Group, headquartered in Zhejiang, China, is a leading premium new energy vehicle group under Geely Holding Group. The company focuses on creating a fully integrated user ecosystem with brands like Lynk & Co and Zeekr, emphasizing innovation, sustainability, and diversity. Zeekr is involved in developing its own software systems, e-powertrain, and electric vehicle supply chain, aiming to become a global new energy mobility solution provider.

Average Trading Volume: 667,677

Technical Sentiment Signal: Strong Buy

Current Market Cap: $6.95B

For an in-depth examination of ZK stock, go to TipRanks’ Overview page.

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