Core Viewpoint - Zeekr Intelligent Technology (ZK) shows potential for upside based on analysts' price targets and earnings estimate revisions, with a mean price target of $31.73 indicating a 27.8% upside from the current price of $24.83 [1] Price Targets - The average price target consists of six estimates ranging from a low of $24 to a high of $37, with a standard deviation of $4.42, indicating variability among analysts [2] - The lowest estimate suggests a decline of 3.3%, while the highest indicates a potential upside of 49% [2] - A low standard deviation signifies a higher agreement among analysts regarding price movement [7] Analysts' Insights - Analysts are optimistic about ZK's earnings prospects, as indicated by upward revisions in earnings estimates, which historically correlate with stock price movements [9] - Over the past 30 days, the Zacks Consensus Estimate for the current year has increased by 5%, with no negative revisions [10] - ZK holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate factors, suggesting strong potential for upside [11]
Wall Street Analysts Predict a 27.79% Upside in Zeekr (ZK): Here's What You Should Know