BYD Shares: Up 45% – Financial Trends

Despite a significant increase in exports from China, which recently increased by 33 percent, BYD has failed to achieve success in the stock market. Share prices of Chinese automakers continue to fall and are currently down 2.5 percent. Surprisingly, the positive development in the export business does not seem to have a significant impact on BYD’s valuation. The trade dispute between the United States and China, especially in the area of ​​electric vehicles, may be viewed less seriously by the market than previously thought.

Despite the current price development, analysts rate BYD shares as undervalued. This shows great potential for the future.

BYD stock chart

Potential at BYD: Analysts see growth opportunities

Analysts predict a potential share price growth of more than 45 percent for BYD. This hypothesis may find further support in the upcoming quarterly figures on April 29. So the figures of the current quarter can support the assessment of analysts and lead to exciting developments for investors.

Given the upcoming publication of quarterly results and the price development so far, BYD remains an interesting object of observation for market watchers and investors alike. Analysts’ outlook on BYD points to a bright future, despite the current price swings that still do not show a clear recovery.