CBAT Stock Summary and Trading Ideas (Cbak Energy Technology Limited - | NASDAQ:CBAT)

CBAK Energy Technology Ltd is a high-tech enterprise in China engaged in the development, manufacturing, and sales of new-energy high-power lithium-ion and sodium-ion batteries, as well as the production of raw materials for high-power lithium batteries. The Company's products and solutions are used in electric vehicles, light electric vehicles, energy storage systems, and other high-power applications.

Cbak Energy Technology Limited - trades on the NASDAQ stock market under the symbol CBAT.

As of October 21, 2026, CBAT stock price declined to $0.84 with 117,168 million shares trading.

CBAT has a beta of 0.91, meaning it tends to be less sensitive to market movements. CBAT has a correlation of 0.03 to the broad based SPY ETF.

CBAT has a market cap of $74.86 million. This is considered a Micro Cap stock.

Last quarter Cbak Energy Technology Limited - reported $70 million in Revenue and -$.10 earnings per share. This fell short of revenue expectation by $-611,680 and missed earnings estimates by -$.05.

In the last 3 years, CBAT traded as high as $2.08 and as low as $.46.

The top ETF exchange traded funds that CBAT belongs to (by Net Assets): BSVO.

CBAT has underperformed the market in the last year with a price return of -13.7% while the SPY ETF gained +16.3%. However, in the short term, CBAT had mixed performance relative to the market. It has outperformed in the last 3 months, returning +68.4% vs +4.4% return in SPY. But in the last 2 weeks, CBAT shares have been beat by the market, returning -29.0% compared to an SPY return of -0.8%.

CBAT support price is $.78 and resistance is $.92 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CBAT shares will trade within this expected range on the day.