Stock Price Prediction

KNDI stock is currently trading at a low valuation, with a market cap of $82.71M and a year-to-date price decline of 66.21%. Bulls may argue that its strong liquidity of $260M and focus on expanding its all-electric off-road vehicle segment, including U.S.-based production lines, position it for future growth. However, recent financial performance, including a Q3 revenue drop to $29.9M and a net loss of $4.111M, suggests caution until tangible results from its strategic initiatives materialize.

KNDI stock is bearish due to weak financial performance. The company reported a Q3 2024 net loss of $4.111 million and declining revenue of $29.945 million, down from $36.426 million YoY, reflecting poor operational efficiency. With a YTD price drop of 66.21%, the stock struggles to find support near $2.