Business Outlook
NIU expects revenues of the second quarter 2024 to be in the range of RMB 912 million to RMB 995 million, representing a year-over-year increase of 10% to 20%.
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| 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 |
-- 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, 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
SC 13D - Niu Technologies (0001744781) (Subject)
SC 13G/A - Niu Technologies (0001744781) (Subject)
SC 13G/A - Niu Technologies (0001744781) (Subject)
Niu Technologies ("NIU", or "the Company") (NASDAQ:NIU), the world's leading provider of smart urban mobility solutions, today announced its large-scale retail expansion to over 800+ Best Buy stores, across the United States. This strategic expansion marks a pivotal milestone for the company and will accelerate the widespread adoption of two-wheel electric vehicles across America. Consumers can now shop for NIU's high-performance electric kick-scooters (KQi series) and e-bikes (BQi series) at their local Best Buy store, in addition to online at BestBuy.com and through the Best Buy® Mobile App. Available today, shoppers will be able to find NIU's KQi 300P and KQi 300X adult electric scooters
In the second quarter of 2024, NIU sold 256,162 units, including e-motorcycles, e-mopeds, e-bicycles, kick-scooters and e-bikes. The number of units sold in China market and international markets was 207,552 and 48,610, respectively.
Gainers Yoshitsu Co (NASDAQ:TKLF) shares increased by 30.4% to $0.39 during Tuesday's pre-market session. The market value of their outstanding shares is at $16.5 million. GameStop (NYSE:GME) stock rose 23.47% to $23.46. The market value of their outstanding shares is at $8.2 billion. Kirkland's (NASDAQ:KIRK) stock increased by 11.35% to $2.06. The company's market cap stands at $26.8 million. Niu Techs (NASDAQ:NIU) stock increased by 8.51% to $2.18. The market value of their outstanding shares is at $169.2 million. Naas Technology (NASDAQ:NAAS) shares rose 8.49% to $0.46. The market value of their outstanding shares is at $118.4 million. Volcon (NASDAQ:VLCN) stock increased by 8.09% t
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
-- 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
6-K - Niu Technologies (0001744781) (Filer)
6-K - Niu Technologies (0001744781) (Filer)
6-K - Niu Technologies (0001744781) (Filer)