Geely Automobile (GELHY) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Geely Auto on Monday launched its i-HEV Intelligent Hybrid system, aiming to challenge the dominance of Japanese automakers in the conventional hybrid vehicle segment by improving fuel efficiency and intelligence capabilities.
I retain a "Buy" rating for Geely after evaluating its performance and outlook. GELYF posted a 35.8% increase in normalized net profit for FY2025, driven by 39% higher unit sales and a pivot towards higher-margin models. The company is expected to outperform the Chinese automotive market in 2026 with a +14% volume growth guidance; key drivers include overseas expansion and new launches.
Chinese automaker Geely's smart driving assistance system, G-ASD, has received certification under EU regulations on advanced assisted driving, marking the first approval of its kind for China-made driving assistance technology in the bloc.
Geely Automobile (GELHY) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
China's Geely Holding Group (GEELY.UL) said on Thursday that it targets global sales of over 6.5 million vehicles by 2030 when its annual revenue is estimated to top 1 trillion yuan ($143.62 billion).