Greenridge Global Upgrades China Yuchai International to Buy
Greenridge Global has upgraded its investment rating for China Yuchai International Limited (CYD) from Hold to Buy, while increasing the price target to $60.
Stocks · News reference
China Yuchai Intl (NYSE:CYD) reported quarterly earnings of $2.17 per share. This is a 51.75 percent increase over earnings of $1.43 per share from the same period last year. The company reported $2.153 billion in
Reference Details
Poisar stores the source's headline, summary and market tags for reference. Reporting and full article text remain with the original publisher.
Keep reading
Greenridge Global has upgraded its investment rating for China Yuchai International Limited (CYD) from Hold to Buy, while increasing the price target to $60.
Jereh Group and Yuchai have unveiled the Saturn modular gas genset, a new power generation solution featuring Yuchai's high-performance engine technology.
China Yuchai International's chairman led a delegation across East, West, and North Africa to strengthen partnerships and explore new business opportunities.
BYD Company Limited has unveiled an advanced European commercial EV portfolio featuring the flagship ETT 44 truck with ultra-fast 1.5MW charging capability. The company plans to invest over RMB 100 billion in intelligent driving R&D and expanded its God's Eye driver assistance system. BYD also introduced FLASH Charging technology and a second-generation Blade Battery offering faster charging and higher energy density. Global sales surged 18% year-over-year in August 2026 with overseas sales jumping 134%, though the stock has underperformed its industry by 22.4% in the past six months.
Hesai Group (HSAI) is expanding its lidar market presence through new automotive and robotics design wins, with Q2 2026 revenues reaching $126.9 million and Q3 guidance of $162-$169 million. However, the company faces headwinds from declining gross margins (40.1% in Q2 vs. 42.5% prior year) due to lower-margin product mix and a low return on equity of 5.5. The stock is rated a Hold with a Zacks Rank #3.
Dana Incorporated (DAN), an automotive supplier, has lowered its 2026 adjusted EPS guidance to $1.75-$2.25 from $2-$3 due to weak EV orders, lower China joint venture earnings, and higher capital spending. The company faces $59 million in EV program termination charges through H1 2026 and execution risks from the Eaton Mobility integration. Despite improving EBITDA, free cash flow growth remains limited by elevated capital expenditures.