ECARX (NASDAQ:ECX) Stock Price Up 3.8% - Should You Buy?

ECARX Holdings, Inc. (NASDAQ:ECX - Get Free Report)'s share price was up 3.8% on Tuesday . The stock traded as high as $1.65 and last traded at $1.6250. Approximately 328,969 shares traded hands during trading, a decline of 92% from the average daily volume of 4,150,083 shares. The stock had previously closed at $1.5650.Analyst Ratings ChangesSeveral research firms recently issued reports on ECX. Wall Street Zen raised shares of ECARX from a "sell" rating to a "hold" rating in a research report on Saturday, November 8th. Weiss Ratings reiterated a "sell (e+)" rating on shares of ECARX in a research note on Wednesday, October 8th. One analyst has rated the stock with a Buy rating and one has given a Sell rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Hold" and a consensus target price of $3.20.Get Our Latest Report on ECXECARX Trading Up 5.1%The firm has a market capitalization of $609.85 million, a price-to-earnings ratio of -7.48 and a beta of 0.76. The firm has a fifty day moving average price of $1.98 and a 200 day moving average price of $1.89. Hedge Funds Weigh In On ECARXSeveral large investors have recently made changes to their positions in the company. Tudor Investment Corp ET AL boosted its position in shares of ECARX by 430.1% in the 3rd quarter. Tudor Investment Corp ET AL now owns 1,279,950 shares of the company's stock worth $2,573,000 after purchasing an additional 1,038,476 shares during the last quarter. Legal & General Group Plc lifted its stake in ECARX by 1.4% in the third quarter. Legal & General Group Plc now owns 1,155,630 shares of the company's stock valued at $2,317,000 after buying an additional 16,420 shares during the period. Citadel Advisors LLC acquired a new position in ECARX in the third quarter valued at about $2,054,000. UBS Group AG boosted its holdings in ECARX by 13.1% during the third quarter. UBS Group AG now owns 950,930 shares of the company's stock worth $1,911,000 after buying an additional 110,243 shares during the last quarter. Finally, Mitsubishi UFJ Asset Management Co. Ltd. acquired a new position in shares of ECARX during the 2nd quarter worth about $1,722,000. About ECARX (Get Free Report)ECARX is a global automotive technology company focused on developing and delivering smart cockpit solutions for original equipment manufacturers (OEMs). The company designs and manufactures a range of in-vehicle computing platforms, central processing units, digital instrument clusters and multimedia infotainment systems. ECARX's core offerings integrate software, hardware and cloud connectivity to create seamless user experiences for drivers and passengers. The company's product portfolio spans telematics control units, over-the-air update frameworks and next-generation human-machine interfaces (HMI).Further ReadingFive stocks we like better than ECARXAmericans can target 100%+ wins during “Operation Motherlode”Trump’s new AI budget just passed — one stock could soarWall Street Stockpicker Names #1 Stock of 2026Chilling warning from legendary investorTerrifying reason Trump killed the U.S. penny?This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in ECARX Right Now?Before you consider ECARX, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and ECARX wasn't on the list.While ECARX currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here