Kandi Tech

KNDI.US traded sharply lower during the regular session, closing at ET 11:01 at $0.6706, down 5.79% from the previous close of $0.7118, reversing most of the pre-market gains which had peaked at $0.7200. The session featured a notable spike-and-drop pattern. The decline was primarily driven by persistent fundamental weakness: Q4 2025 operating revenue fell 32.34% YoY to $25.57 million, with a net loss of $47.80 million, an EPS of -$0.58, and a net profit margin of -186.92%. The stock now trades below both its 20-day ($0.697) and 60-day ($0.709) moving averages, is down 21.09% year-to-date, and remains 62.11% below its 52-week high of $1.77. On the positive side, recent news flow includes a subsidiary securing an order to equip 18 CATL heavy-truck battery swap stations and the commencement of production at its Lin'an battery exchange base, while the post-market session saw a recovery to $0.7099, suggesting some residual buying interest.

KNDI.US opened lower in pre-market trading and extended losses intraday, falling approximately 5.7% to $0.6912 as of ET 09:31, compared to the previous close of $0.7335. The decline was driven by ongoing market pessimism over persistent earnings losses, despite a subsidiary securing an order to equip 18 CATL heavy-truck battery swap stations. Q4 2025 reported an EPS loss of $0.58, with operating revenue plunging 32.34% YoY to $25.57 million, net loss of approximately $47.8 million, and ROE at -70.8%. The stock is now 60.9% below its 52-week high of $1.77, down 18.7% year-to-date, and trading below both its 20-day ($0.694) and 60-day ($0.71) moving averages, indicating a weak technical position. However, a slight recovery in post-market trading to $0.7189 suggests some bargain hunting.

KNDI.US opened lower and continued to decline in regular trading, last at $0.6748 as of 10:01 ET, down 7.68% from the previous close of $0.7310, primarily driven by after-hours and pre-market weakness. The pre-market session saw a low of $0.6020, while regular trading ranged between $0.6401 and $0.7310, failing to recover the prior day's losses. Despite recent orders for 18 CATL heavy-truck battery swap stations and the commencement of production at its Lin'an battery exchange base, Q4 2025 revenue fell 32.34% YoY to $25.57 million, with a net loss of $47.80 million and an EPS of -$0.58, representing a 1060% YoY loss expansion, underscoring persistent fundamental headwinds. The current price sits 61.88% below its 52-week high of $1.77, 18.39% above the 52-week low of $0.57, and below both the 20-day MA ($0.687) and 60-day MA ($0.71), indicating a weak technical position. However, its invitation to CATL's battery swap supplier conference as a core equipment partner and off-road vehicle orders in Africa suggest ongoing business development momentum.

Kandi Technologies (KNDI.US) experienced a volatile session, surging to an intraday high of $0.8885 in pre-market trading before pulling back to a low of $0.6382, ultimately closing at $0.7310, up 3.1% from the prior close of $0.7089. This price action sharply contrasted with the company's latest earnings report, which showed a net loss of $47.8 million in Q4 2025, a net profit margin of -186.9%, earnings per share of -$0.58, and a 32.3% year-over-year decline in revenue. Despite the weak fundamentals, the stock found support, with the current price of $0.7310 above its 20-day moving average of $0.685, yet still 58.7% below the 52-week high of $1.77 and down 14.0% year-to-date. However, post-market volume was a mere 54 shares, suggesting limited follow-through momentum.

KNDI.US surged during regular trading hours, climbing from $0.70 to $0.7484, representing a roughly 5.4% gain, driven by a flurry of positive developments. The company announced the commencement of production at its battery exchange base in Lin'an, an exclusive five-year cooperation deal with Greentown Community Business Group, follow-on off-road vehicle orders from South Africa and Nigeria, and a strategic partnership with CATL's subsidiary Qiji Energy for heavy-truck battery swapping. However, the stock fell as low as $0.6614 in pre-market trading, reflecting lingering concerns over an earlier Nasdaq minimum bid price deficiency warning and Q4 2025 revenue declining 32.34% YoY to $25.57 million, with net loss at $47.80 million. The stock sits 57.72% below its 52-week high of $1.77, just above its 20-day MA of $0.684 but below the 60-day MA of $0.712, with a YTD decline of 11.93%, underscoring that the rally remains fragile amid ongoing operational losses.