Niu Technologies designs, manufactures, and sells smart electric-scooters in the People's Republic of China. The company offers NQi, MQi, UQi, and Gova series e-scooters; RQi and TQi series urban commuter electric motorcycles; NIU Aero series professional mountain and road bicycles; and NIU kick-scooter series kick-scooter and other micro-mobility solutions under the NIU brand name. It also provides scooter accessories, such as raincoats, gloves, knee pads, storage baskets and tail boxes, smart phone holders, backrests, and locks; lifestyle accessories, which includes T-shirts, coats, jeans, hats, bags, jewelry, notebook, badges, key chain, and mugs; and performance upgrade components that comprises of upgraded wheels, shock absorbers, brake calipers, and carbon fiber body panels. In addition, the company, through its NIU app, offers online repair request, DIY repairs, service station locator, theft reporting, and smart services, as well as NIU cover, which provides insurance services; NIU Care that offers maintenance service and reserve service in offline service stations; and NIU Wash offers free wash coupon on a monthly basis. The company sells and services its products through city partners and franchised stores, and third-party e-commerce platforms and the company's online store. As of December 31, 2020, it operated through 246 city partners and 1,616 franchised stores in approximately 199 cities in the People's Republic of China; and 36 distributors in 46 countries internationally. The company was incorporated in 2014 and is headquartered in Beijing, the People's Republic of China.
IPO Year: 2018
Exchange: NASDAQ
Website: niu.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 5/22/2023 | Buy → Neutral | Citigroup | |
| 2/7/2023 | $11.40 → $5.90 | Buy → Neutral | BofA Securities |
| 4/14/2022 | $10.50 | Hold | Jefferies |
| 3/8/2022 | $39.00 → $35.00 | Buy | Citigroup |
| 8/9/2021 | $15.00 | Sell | UBS |
BEIJING, Jan. 06, 2025 (GLOBE NEWSWIRE) -- Niu Technologies ("NIU", or "the Company") (NASDAQ:NIU), the world's leading provider of smart urban mobility solutions, today provides its sales volume results for the fourth quarter and full year 2024. 4Q 2024 4Q 2023 FY2024 FY2023China Market182,333 110,454 759,094 600,994International Markets44,301 27,022 165,246 108,808Total226,634 137,476 924,340 709,802 In the fourth quarter of 2024, the Company sold 226,634 units, including e-motorcycles, e-mopeds, e-bicycles, kick-scooters and e-bikes. The number of units sold in China and in international markets were 182,333 and 44,301, respectively. In China, we achieved remarkable success th
LOS ANGELES, Dec. 02, 2024 (GLOBE NEWSWIRE) -- Niu Technologies ("NIU", or "the Company") (NASDAQ:NIU), the world's leading provider of smart urban mobility solutions, today announced the launch of its nationwide direct-to-consumer (D2C) sales platform for its lineup of off-road and on-road dirt bikes - the XQi3 Wild and XQi3 Street. The NIU Moto Sales Platform (NMSP) redefines how riders access electric vehicles by combining the convenience of e-commerce with the expertise of a growing dealer network. This announcement comes just weeks after a price drop and over-the-air (OTA) software update on the product, making it more affordable and technologically advanced than ever. Through the NM
-- Third Quarter Revenues of RMB 1,023.9 million, an increase of 10.5% year-over-year -- Third Quarter Net Loss of RMB 40.9 million, compared to Net Loss of RMB 79.4 million in the same period of last year BEIJING, Nov. 18, 2024 (GLOBE NEWSWIRE) -- Niu Technologies ("NIU", or "the Company") (NASDAQ:NIU), the world's leading provider of smart urban mobility solutions, today announced its unaudited financial results for the third quarter ended September 30, 2024. Third Quarter 2024 Financial Highlights Revenues were RMB 1,023.9 million, an increase of 10.5% year-over-yearGross margin was 13.8%, compared with 21.4% in the third quarter of 2023Net loss was RMB 40.9 million, compared with n
MILAN, Nov. 05, 2024 (GLOBE NEWSWIRE) -- Niu Technologies ("NIU", or "the Company") (NASDAQ:NIU), the world's leading provider of smart urban mobility solutions, is set to revolutionize the dirt bike segment with the announcement of a powerful over-the-air (OTA) software update for the XQi3 electric dirt bike at this year's EICMA event in Milan. This update will significantly enhance the bike's performance, making it a more formidable force on challenging terrains. The OTA update will be available immediately for the XQi3 Wild off-road dirt bike, and available in the coming weeks for the XQi3 Street version in the US and EU. The OTA update boosts the XQi3's total power output to an impr
• Starting today, NIU's top-rated electric two-wheeled vehicles will be up to 60% off • Products will be available online and in store at major retailers including Best Buy, Amazon, Target, Walmart and more • The all new 100 Series kick scooters will be on sale for the first time since the initial launch in September LOS ANGELES, Nov. 01, 2024 (GLOBE NEWSWIRE) -- Niu Technologies ("NIU", or "the Company") (NASDAQ:NIU), the world's leading provider of smart urban mobility solutions, today announced its holiday deals for the 2024 season, offering customers an opportunity to purchase top-rated e-scooters, e-bikes and more at a fraction of the price. Designed with ‘Mobility for All' in min
BEIJING, Oct. 21, 2024 (GLOBE NEWSWIRE) -- Niu Technologies ("NIU" or "the Company") (NASDAQ:NIU), the world's leading provider of smart urban mobility solutions, today announced that it will report its financial results for the third quarter ended September 30, 2024 before the U.S. market opens on Monday, November 18, 2024. The corporate presentation and financial spreadsheets will be posted on NIU's investor relations website at:https://ir.niu.com/financial-information/quarterly-results The Company will host an earnings conference call on Monday, November 18, 2024 at 8:00 AM U.S. Eastern Time (9:00 PM Beijing/Hong Kong Time) to discuss the financial and business results.
- Debuting at Citi Field, October 12-13, the KQi 100F showcases NIU's cutting-edge urban mobility solution at an approachable price point- Electrify Expo attendees will get the first opportunity in the U.S. to test ride the high-performance, easily transportable scooter that is perfect for city commuters- Media are invited to schedule private demos of the product in person at Electrify Expo New York NEW YORK, Oct. 07, 2024 (GLOBE NEWSWIRE) -- Niu Technologies ("NIU", or "the Company") (NASDAQ:NIU), the world's leading provider of smart urban mobility solutions, is thrilled to announce the U.S. launch of its latest product, the KQi 100F kick scooter, at the upcoming Electrify Expo in New Y
BEIJING, Oct. 04, 2024 (GLOBE NEWSWIRE) -- Niu Technologies ("NIU", or "the Company") (NASDAQ:NIU), the world's leading provider of smart urban mobility solutions, today provides its sales volume results for the third quarter of 2024. 3Q 2024 3Q 2023 YTD 2024 YTD 2023China Market259,094 230,445 576,761 490,540International Markets53,311 35,468 120,945 81,786Total312,405 265,923 697,706 572,326 In the third quarter of 2024, NIU sold 312,405 units, including e-motorcycles, e-mopeds, e-bicycles, kick-scooters and e-bikes. The number of units sold in China and in international markets was 259,094 and 53,311, respectively. In China, the NT model has rapidly become a stando
KQi 100P marks NIU's debut at Kohl's and is a high performance, low cost electric scooter at an affordable $349 MSRPKQi 100F is a highly-transportable, cost-effective electric scooter with foldable handles available in store at Best Buy and online through Amazon, Shopify, Target and Best Buy for $449 LOS ANGELES, Sept. 06, 2024 (GLOBE NEWSWIRE) -- Niu Technologies ("NIU", or "the Company") (NASDAQ:NIU), the world's leading provider of smart urban mobility solutions, today announced the launch of two new electric kick scooters - the KQi 100 series - for the 2024 holiday season that will be available in Walmart, Best Buy and Kohl's nationwide. NIU specializes in creating products that uniqu
-- Second Quarter Revenues of RMB 940.5 million, an increase of 13.5% year-over-year -- Second Quarter Net Loss of RMB 24.9 million, compared to Net Loss of RMB 1.9 million in the same period of last year BEIJING, Aug. 12, 2024 (GLOBE NEWSWIRE) -- Niu Technologies ("NIU", or "the Company") (NASDAQ:NIU), the world's leading provider of smart urban mobility solutions, today announced its unaudited financial results for the second quarter ended June 30, 2024. Second Quarter 2024 Financial Highlights Revenues were RMB 940.5 million, an increase of 13.5% year-over-yearGross margin was 17.0%, compared with 23.1% in the second quarter of 2023Net loss was RMB 24
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BEIJING, Dec. 22, 2023 (GLOBE NEWSWIRE) -- Niu Technologies ("NIU", or "the Company") (NASDAQ:NIU), the world's leading provider of smart urban mobility solutions, today announces that the Company has appointed Ms. Fion Wenjuan Zhou as a new director of the board of directors of the Company (the "Board"), effective from December 25, 2023. Ms. Fion Zhou has served as the chief financial officer of the Company since November 2021, and she was awarded "Female CFO of the Year" by the Barron's China in 2022. Prior to joining the Company, she served as the chief financial officer of Sogou Inc. (NYSE:SOGO), a leader in China's internet industry and an innovator in search and artificial intelli
BEIJING, Oct. 19, 2021 (GLOBE NEWSWIRE) -- Niu Technologies ("NIU", or "the Company") (NASDAQ:NIU), the world's leading provider of smart urban mobility solutions, today announces that the board of directors of the Company has appointed Ms. Fion Zhou as the new chief financial officer with effective date November 15th, 2021. Fion Zhou will bring to NIU 15 years of experience working in financial and public companies. Prior to joining NIU, she served as the chief financial officer of Sogou Inc. (NYSE:SOGO), a leader in China's internet industry and an innovator in search and artificial intelligence (AI) since July 2020, where she led financial operations, legal matters, strategic investmen
-- Third Quarter Revenues of RMB 1,023.9 million, an increase of 10.5% year-over-year -- Third Quarter Net Loss of RMB 40.9 million, compared to Net Loss of RMB 79.4 million in the same period of last year BEIJING, Nov. 18, 2024 (GLOBE NEWSWIRE) -- Niu Technologies ("NIU", or "the Company") (NASDAQ:NIU), the world's leading provider of smart urban mobility solutions, today announced its unaudited financial results for the third quarter ended September 30, 2024. Third Quarter 2024 Financial Highlights Revenues were RMB 1,023.9 million, an increase of 10.5% year-over-yearGross margin was 13.8%, compared with 21.4% in the third quarter of 2023Net loss was RMB 40.9 million, compared with n
BEIJING, Oct. 21, 2024 (GLOBE NEWSWIRE) -- Niu Technologies ("NIU" or "the Company") (NASDAQ:NIU), the world's leading provider of smart urban mobility solutions, today announced that it will report its financial results for the third quarter ended September 30, 2024 before the U.S. market opens on Monday, November 18, 2024. The corporate presentation and financial spreadsheets will be posted on NIU's investor relations website at:https://ir.niu.com/financial-information/quarterly-results The Company will host an earnings conference call on Monday, November 18, 2024 at 8:00 AM U.S. Eastern Time (9:00 PM Beijing/Hong Kong Time) to discuss the financial and business results.
-- Second Quarter Revenues of RMB 940.5 million, an increase of 13.5% year-over-year -- Second Quarter Net Loss of RMB 24.9 million, compared to Net Loss of RMB 1.9 million in the same period of last year BEIJING, Aug. 12, 2024 (GLOBE NEWSWIRE) -- Niu Technologies ("NIU", or "the Company") (NASDAQ:NIU), the world's leading provider of smart urban mobility solutions, today announced its unaudited financial results for the second quarter ended June 30, 2024. Second Quarter 2024 Financial Highlights Revenues were RMB 940.5 million, an increase of 13.5% year-over-yearGross margin was 17.0%, compared with 23.1% in the second quarter of 2023Net loss was RMB 24
BEIJING, July 15, 2024 (GLOBE NEWSWIRE) -- Niu Technologies ("NIU" or "the Company") (NASDAQ:NIU), the world's leading provider of smart urban mobility solutions, today announced that it will report its financial results for the second quarter 2024 before the U.S. market opens on Monday, August 12, 2024. The corporate presentation and financial spreadsheets will be posted on NIU's investor relations website at:https://ir.niu.com/financial-information/quarterly-results The Company will host an earnings conference call on Monday, August 12, 2024 at 8:00 AM U.S. Eastern Time (8:00 PM Beijing/Hong Kong Time) to discuss the financial and business results. To join via phone,
-- First Quarter Revenues of RMB 504.7 million, an increase of 21.0% year-over-year -- First Quarter Net Loss of RMB 54.8 million, compared to Net Loss of RMB 60.3 million in the same period of last year BEIJING, May 20, 2024 (GLOBE NEWSWIRE) -- Niu Technologies ("NIU", or "the Company") (NASDAQ:NIU), the world's leading provider of smart urban mobility solutions, today announced its unaudited financial results for the first quarter ended March 31, 2024. First Quarter 2024 Financial Highlights Revenues were RMB 504.7 million, an increase of 21.0% year-over-yearGross margin was 18.9%, compared with 21.7% in the first quarter of 2023Net loss was RMB 54.8 million, compared with net loss o
BEIJING, April 22, 2024 (GLOBE NEWSWIRE) -- Niu Technologies ("NIU" or "the Company") (NASDAQ:NIU), the world's leading provider of smart urban mobility solutions, today announced that it will report its financial results for the first quarter 2024 before the U.S. market opens on Monday, May 20, 2024. The corporate presentation and financial spreadsheets will be posted on NIU's investor relations website at:https://ir.niu.com/financial-information/quarterly-results The Company will host an earnings conference call on Monday, May 20, 2024 at 8:00 AM U.S. Eastern Time (8:00 PM Beijing/Hong Kong Time) to discuss the financial and business results. To join via phone, participants need to re
-- Fourth Quarter Revenues of RMB 478.7 million, down 21.8% year over year -- Fourth Quarter Net Loss of RMB 130.2 million, compared to net loss of RMB 37.1 million in the same period of last year -- Full Year Revenues of RMB 2,651.8 million, down 16.3% year over year -- Full Year Net loss of RMB 271.8 million, compared to net loss of RMB 49.5 million in 2022 BEIJING, March 18, 2024 (GLOBE NEWSWIRE) -- Niu Technologies ("NIU", or "the Company") (NASDAQ:NIU), the world's leading provider of smart urban mobility solutions, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2023. Fourth Quarter 2023 Financial Highlights Revenues were
BEIJING, Feb. 19, 2024 (GLOBE NEWSWIRE) -- Niu Technologies ("NIU" or "the Company") (NASDAQ:NIU), the world's leading provider of smart urban mobility solutions, today announced that it will report its financial results for the fourth quarter and full year 2023 before the U.S. market opens on Monday, March 18, 2024. The corporate presentation and financial spreadsheets will be posted on NIU's investor relations website at:https://ir.niu.com/financial-information/quarterly-results The Company will host an earnings conference call on Monday, March 18, 2024 at 8:00 AM U.S. Eastern Time (8:00 PM Beijing/Hong Kong Time) to discuss the financial and business results. To join via phone, parti
-- Third Quarter Total Volume of e-scooter sales down 17.1% year over year -- Third Quarter Revenues of RMB 927.0 million, down 19.6% year over year -- Third Quarter Net Loss of RMB 79.4 million, compared to Net Income of RMB 2.9 million in the same period of last year BEIJING, Nov. 20, 2023 (GLOBE NEWSWIRE) -- Niu Technologies ("NIU", or "the Company") (NASDAQ:NIU), the world's leading provider of smart urban mobility solutions, today announced its financial results for the third quarter ended September 30, 2023. Third Quarter 2023 Financial Highlights Revenues were RMB 927.0 million, a decrease of 19.6% year over yearGross margin was 21.4%, compared with 22.1% in the third
BEIJING, Oct. 23, 2023 (GLOBE NEWSWIRE) -- Niu Technologies ("NIU" or "the Company") (NASDAQ:NIU), the world's leading provider of smart urban mobility solutions, today announced that it will report its financial results for the third quarter ended September 30, 2023 before the U.S. market opens on Monday, November 20, 2023. The corporate presentation and financial spreadsheets will be posted on NIU's investor relations website at: https://ir.niu.com/financial-information/quarterly-results The Company will host an earnings conference call on Monday, November 20, 2023 at 8:00 AM U.S. Eastern Time (9:00 PM Beijing/Hong Kong Time) to discuss the financial and business results. To join via
Citigroup downgraded Niu Technologies from Buy to Neutral
BofA Securities downgraded Niu Technologies from Buy to Neutral and set a new price target of $5.90 from $11.40 previously
Jefferies initiated coverage of Niu Technologies with a rating of Hold and set a new price target of $10.50
Citigroup reiterated coverage of Niu Technologies with a rating of Buy and set a new price target of $35.00 from $39.00 previously
UBS initiated coverage of Niu Technologies with a rating of Sell and set a new price target of $15.00
Daiwa Capital Markets initiated coverage of Niu Technologies with a rating of Outperform and set a new price target of $41.50
Daiwa Capital initiated coverage of Niu Technologies with a rating of Outperform and set a new price target of $41.50
Daiwa Capital Markets initiated coverage of Niu Technologies with a rating of Outperform
Citigroup reiterated coverage of Niu Technologies with a rating of