Lotus Technology ( (LOT) ) has provided an update.
On April 16, 2025, Lotus Technology Inc. announced its acquisition of a 51% equity interest in Lotus Advance Technologies from Geely International, following the exercise of a put option. This strategic move will allow Lotus Technology to integrate all its businesses under the Lotus brand, enhancing brand equity and operational flexibility. The acquisition is expected to be completed by 2025, subject to regulatory approvals, and aims to create substantial long-term value for shareholders.
Spark’s Take on LOT Stock
According to Spark, TipRanks’ AI Analyst, LOT is a Neutral.
Lotus Technology’s overall stock score reflects its substantial financial difficulties, including negative profitability and financial instability. While there are positive revenue growth and strategic expansions, these are overshadowed by poor technical indicators and unattractive valuation metrics.
To see Spark’s full report on LOT stock, click here.
More about Lotus Technology
Lotus Technology Inc. is a global leader in intelligent and luxury mobility, focusing on luxury lifestyle battery electric vehicles. The company operates across the UK, EU, and China, emphasizing world-class R&D in next-generation automobility technologies such as electrification and digitalization.
YTD Price Performance: -65.96%
Average Trading Volume: 212,147
Technical Sentiment Signal: Buy
Current Market Cap: $921M
For a thorough assessment of LOT stock, go to TipRanks’ Stock Analysis page.