The electric vehicle (EV) market is racing into the future, driven by global emissions targets, shifting consumer preferences, and relentless innovation. As nations push for greener transport, EV demand is set to soar, with premium, tech-forward models in particularly high demand. 

Zeekr (ZK), launched in 2021 as Geely’s Automobile Holdings Limited (GELYY) luxury EV brainchild, has a sharp focus on software-defined mobility and advanced driver-assistance systems. In just two years, Zeekr stunned the market by becoming the fastest Chinese EV firm to go public in the U.S. But the market has not been easy - investors have been skittish, tech stocks volatile, and EV sentiment uneven. Still, Zeekr pressed ahead, unveiling new models, betting big on solid-state batteries, and investing in autonomy and expansion.

Now, the spotlight intensifies as Geely, already holding 65.7% of Zeekr, offers to scoop up the rest at a 13.6% premium, which triggered a surge in ZK stock. 

About Zeekr Stock

Zeekr (ZK), the premium electric mobility brand under Geely, has rapidly emerged as a global force since its first deliveries in October 2021. 

ZK made a splashy NYSE debut in May last year. However, within just a few days, the stock quickly lost steam and began to drift downward. 

But momentum returned in 2025, with the stock hitting a new high of $33.32 on March 11. Plus, as Geely’s surprise privatization bid reignited investor interest recently, ZK surged 11.5% in a single session on May 7. Shares have notched a 35% gain over the past month and are more than 20% just over the past five trading session.

Given the decline from its peak, ZK stock is priced at 0.55 times sales, below the sector average, indicating a potentially undervalued position. 

Digging Into Zeekr’s Q4 Earnings Results

In the final quarter of 2024, Zeekr reported that revenue jumped 39.2% year over year to $3.1 billion, slightly trailing estimates. Vehicle sales surged 82.2% to $2.6 billion, with vehicle margins climbing to 17.3% on the back of smart cost control and tech-led efficiencies. Meanwhile, the adjusted net loss dropped 74.6% to $101 million.

Deliveries hit 79,250 units in Q4, nearly doubling year-over-year, bringing the 2024 total to 222,123, an 87.2% surge. 

And in early 2025, Zeekr kept its foot on the gas. January saw 11,942 deliveries, and in February, following its Lynk & Co integration, Zeekr delivered 31,277 vehicles – including 14,039 Zeekr brand vehicles and 17,238 Lynk & Co brand vehicles.

With the Lynk & Co acquisition locked in and full ownership likely on the horizon under Geely, Zeekr is positioning itself not just as a premium EV contender but as a global disruptor. As the company charges ahead with AI-powered innovation, new models, and deeper global reach, the question is how far and how fast Zeekr can go in the race to dominate the high-end EV space.

ZEEKR is gearing up to lift the curtain on its Q1 2025 earnings results on Thursday, May 15, before the market opens. Analysts forecast $2.56 billion in Q1 revenue, paired with a $0.70 per-share loss.

Can Geely’s Takeover Unlock Zeekr’s Potential?

By offering $2.57 per Zeekr’s share or $25.66 per ADS to buy out the rest, Geely aims to pull ZK stock off the U.S. exchange and fold it into its core operations. The pitch is to streamline resources, cut costs, and ramp up global competitiveness. Investors should also note that the move comes as political scrutiny intensifies, with Zeekr among 25 Chinese firms targeted by U.S. lawmakers over national security concerns.

For investors holding ZK, the question is whether there is more upside let in shares before a potential buyout closes. 

What Do Analysts Expect for ZEEKR Stock?

Analyst Li Yanwei from the China Auto Dealers Association sees Geely’s buyout of Zeekr as a timely retreat from mounting pressure. With softer-than-expected sales for new models like the 7X and rising geopolitical friction, especially U.S. tariffs choking off market access, Zeekr’s global momentum has hit resistance.

The analyst notes that investor appetite for Chinese EV stocks has cooled, dimming hopes of raising fresh capital in U.S. markets. In his view, taking Zeekr private is not just strategic, but it is survival in a tightening global EV race.

However, ZK stock has a consensus “Strong Buy” rating overall. Of the four analysts covering the stock, three recommend a “Strong Buy,” and one suggests a “Moderate Buy.”

Meanwhile, the EV maker stock’s mean price target of $35.12 suggests that it could rally as much as 35% from the current price levels. The street-high of $38 implies potential upside of 46%. Investors should note that both targets are above the current proposed buyout price per ADS.