Citi's positive analyst rating for BYD COMPANY is based on the company's strong May wholesale volume, which exceeded market expectations, driven by robust export sales. The broker anticipates strong earnings performance in the second quarter of 2026, improved revenue mix, and increased orders, leading to a forecasted net profit significantly above consensus estimates. Additionally, the potential for compounded growth in export volume and domestic sales is expected to enhance earnings visibility for BYD's electric vehicle business.
