CATL Shares Fall 10% After Third-Quarter Earnings Miss
CATL shares were down 10% in Hong Kong by midday Wednesday after weaker-than-expected third-quarter earnings; analysts lowered their target prices.
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Jefferies Says CATL Forecasts May Face Further Cuts After 3Q Miss
Jefferies analyst Kelly Zou says CATL’s third-quarter results missed the firm’s expectations, with unit net profit falling quarter over quarter. Zou says 2026–2028 earnings forecasts may be cut further.