What is the BYD share price forecast?

Our BYD share price forecast has to consider the recent price movements of the company’s quoted stock, which doesn’t make for great reading. Year-to-date, the BYD stock price has fallen 24%, down from HK265 at the start of January 2022 to HK201.60 as the market closed on 20 December 2022. There have been highs and lows along the way.

Will BYD's sales growth be weaker this year?

We will see the same this year when it comes to BYD, as the company is forecasting that its sales volume growth will be weaker this year, relative to 2023, on a relative basis. BYD forecasts volume growth of around 20%, which will lift this year's sales to more than 3.6 million vehicles (assuming the company hits its target).

Is Byd (Byd) a good stock to buy?

BYD's recent earnings results were strong, and the outlook for the current year is positive as well. Despite demand issues in the EV industry and an ongoing price war, BYD will grow meaningfully this year. While China-related risks remain, international expansion is progressing nicely and the low valuation makes BYD look attractive. What Happened?