ZEEKR Intelligent Technology Holding Limited's (NYSE:ZK) Quiet Period Will End on June 19th

ZEEKR Intelligent Technology's (NYSE:ZK - Get Free Report) quiet period will end on Wednesday, June 19th. ZEEKR Intelligent Technology had issued 21,000,000 shares in its public offering on May 10th. The total size of the offering was $441,000,000 based on an initial share price of $21.00. During ZEEKR Intelligent Technology's quiet period, insiders and any underwriters that worked on the IPO are restricted from issuing any research reports or earnings estimates for the company because of SEC regulations. Following the end of the company's quiet period, it's expected that the brokerages that served as underwriters on the stock will initiate research coverage on the company.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on ZK shares. Bank of America raised their price target on shares of ZEEKR Intelligent Technology from $35.00 to $36.00 and gave the company a "buy" rating in a research report on Wednesday. Deutsche Bank Aktiengesellschaft began coverage on ZEEKR Intelligent Technology in a research report on Thursday, June 6th. They set a "buy" rating and a $35.00 target price on the stock. Finally, The Goldman Sachs Group assumed coverage on ZEEKR Intelligent Technology in a research report on Tuesday, June 4th. They issued a "buy" rating and a $34.00 price target for the company.

ZEEKR Intelligent Technology Trading Down 0.3 %

NYSE:ZK traded down $0.07 on Wednesday, hitting $22.05. The stock had a trading volume of 1,202,825 shares, compared to its average volume of 1,091,150. ZEEKR Intelligent Technology has a 1 year low of $20.26 and a 1 year high of $32.24.

ZEEKR Intelligent Technology (NYSE:ZK - Get Free Report) last issued its quarterly earnings results on Tuesday, June 11th. The company reported ($1.40) EPS for the quarter. The company had revenue of $2.04 billion during the quarter. Equities analysts forecast that ZEEKR Intelligent Technology will post -2.1 earnings per share for the current year.

ZEEKR Intelligent Technology Company Profile

ZEEKR Intelligent Technology Holding Limited is a battery electric vehicle technology company. Its current product portfolio primarily includes ZEEKR 001, a five-seater, cross-over hatchback; ZEEKR 001 FR, cross-over hatchback; ZEEKR 009, a luxury six-seater MPV; ZEEKR X, a compact SUV and an upscale sedan model.