ECARX Holdings (ECX, Financial) has entered into a strategic partnership with HERE Technologies to create an innovative, AI-enhanced in-vehicle navigation system aimed at global automakers. The collaboration plans to unveil a production-ready version, along with a live demonstration, at Auto Shanghai 2025.
This partnership merges HERE's cutting-edge navigation technology with ECARX's comprehensive solutions to produce a top-of-the-line navigation system. It is designed to address the evolving requirements of the automotive industry worldwide.
The newly developed system integrates the HERE Software Development Kit (SDK) and globally compliant location data. This alignment will allow automakers to notably decrease their vehicles' development cycles and expedite time-to-market, while adhering to international data regulations.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 5 analysts, the average target price for ECARX Holdings Inc (ECX, Financial) is $4.23 with a high estimate of $7.01 and a low estimate of $3.00. The average target implies an upside of 400.37% from the current price of $0.84. More detailed estimate data can be found on the ECARX Holdings Inc (ECX) Forecast page.
Based on the consensus recommendation from 5 brokerage firms, ECARX Holdings Inc's (ECX, Financial) average brokerage recommendation is currently 1.8, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
