UBS analyst Nora Min initiated coverage of Ecarx (ECX) with a Buy rating and $3.20 price target Ecarx is the third largest smart cockpit producer in China by sales volume, the analyst tells investors in a research note. The firm says that as Geely’s largest smart cockpit provider, Ecarx looks well positioned to benefit from the company’s supply chain consolidation. UBS believes the market underestimates Ecarx’s revenue growth capability, and forecasts 52% annual earnings growth between 2026 and 2028.
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