On May 28, 2025, Macquarie's analyst Eugene Hsiao released an updated report on ZEEKR Intelligent Tech (ZK, Financial), maintaining an "Outperform" rating on the company's stock. This comes as the firm adjusted the stock's price target from $47.00 to $38.00, reflecting a 19.15% decrease.
The decision to lower the price target for ZK indicates adjustments based on recent market conditions or company performance outlooks. Despite the lowered price target, the maintained "Outperform" rating suggests that Macquarie expects ZEEKR Intelligent Tech (ZK, Financial) to generate returns above the market average over the coming period.
Investors should note that the new price target of $38.00 still signifies potential upside from current trading levels, as indicated by the "Outperform" rating. This update from Macquarie reflects a grounded yet optimistic outlook on the future of ZEEKR Intelligent Tech (ZK, Financial) despite the revised financial targets.