The BYD Company Ltd stocks have significantly flourished, soaring to an all-time high at $76.75. Investment entities like TD Securities and Barclays have issued positive forecasts for both Boyd Group and Boyd Gaming (BYD) stock prices. The performance of Boyd Gaming stocks has also been better than its underlying earnings growth over the past five years.
Analysts predict that the BYD might outperform Tesla by 2025. BYD, along with Nvidia and Monday.com, is included among the high-growth tech stocks to watch. Major investment firms such as Citi and Bernstein consider BYD to be the top EV Stock pick for 2025 with strong growth prospects. However, Berkshire Hathaway, a longtime supporter of BYD, reduced its stake amidst risen trade tensions over Chinese EVs.
Current indicators show that BYD could be one of the best EV stocks to buy in 2025, eclipsing Tesla on revenue for the first time. The surging BYD stock has redefined China's auto market. Companies such as Forvia have clinched new supply deals with BYD, indicating a strong forward momentum. Notwithstanding, warning shots to Western EV rivals, especially Tesla, are being fired by China’s BYD.
BYD Stocks News Analytics from Thu, 23 May 2024 07:00:00 GMT to Sat, 01 Feb 2025 02:08:06 GMT - Rating 8 - Innovation 6 - Information 8 - Rumor 4