Zeekr (ZK)

• Market cap: $6.56B
• 1 day: 3.88%
• 5 days: -6.07%
• 1 month: -13.04%
• 3 months: 20.36%
• 6 months: 41.00%
• Year to date: -2.36%
• 1 year: -6.30%
• 5 years: -6.30%
• 10 years: -6.30%

About: ZEEKR Intelligent Technology Holding Ltd is a fast-growing BEV technology company. By developing and offering next-generation premium BEVs and technology-driven solutions, It aspires to lead the automobile industry's electrification, intelligentization and innovation. Since its inception, It has focused on innovation in BEV architecture, hardware, software, and application of new technologies. It is principally engaged in the commercialization and sales of electric vehicles and batteries, and the provision of automotive-related research and development services.

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

63% more repeat investments, than reductions

Existing positions increased: 13 | Existing positions reduced: 8

7% more capital invested

Capital invested by funds: $114M [Q2] → $122M (+$8.26M) [Q3]

0.02% less ownership

Funds ownership: 0.24% [Q2] → 0.22% (-0.02%) [Q3]

7% less funds holding

Funds holding: 43 [Q2] → 40 (-3) [Q3]

16% less first-time investments, than exits

New positions opened: 16 | Existing positions closed: 19

22% less call options, than puts

Call options by funds: $9.91M | Put options by funds: $12.6M

50% less funds holding in top 10

Funds holding in top 10: 2 [Q2] → 1 (-1) [Q3]

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

• Low target: $32 20% upside
• Avg. target: $32 20% upside
• High target: $32 20% upside

1 analyst rating

• positive: 1 100%
• neutral: 0 0%
• negative: 0 0%

CICC

20% upside $32

Outperform Initiated

25 Oct 2024