Core Viewpoint - Zeekr Intelligent Technology (ZK) has seen a significant stock price increase of 33.5% over the past four weeks, closing at $22, with analysts projecting a potential upside to a mean price target of $31.73, indicating a 44.2% increase from the current price [1] Price Targets and Analyst Consensus - The average price target for ZK is based on six short-term estimates, ranging from a low of $24 to a high of $37, with a standard deviation of $4.42, suggesting a moderate agreement among analysts [1] - The lowest estimate indicates a 9.1% increase, while the highest suggests a 68.2% upside, highlighting the variability in analyst predictions [1] - Analysts' ability to set price targets has been questioned, as they may set overly optimistic targets influenced by business relationships, which can mislead investors [3][4] Earnings Estimates and Stock Performance - Analysts have shown strong agreement in revising ZK's earnings estimates higher, which correlates with potential stock price increases [5] - The Zacks Consensus Estimate for the current year has risen by 5% over the past month, with no negative revisions, indicating positive sentiment [5] - ZK holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate factors, further supporting the stock's potential upside [5]
How Much Upside is Left in Zeekr (ZK)? Wall Street Analysts Think 44.23%