Niu Technologies - NIU Stock Forecast, Price & News

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Niu Technologies in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" NIU shares.
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2 brokers have issued 1 year price objectives for Niu Technologies' shares. Their NIU share price forecasts range from $6.70 to $10.50. On average, they expect the company's share price to reach $8.60 in the next twelve months. This suggests a possible upside of 48.3% from the stock's current price.
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Niu Technologies' stock was trading at $16.11 at the beginning of the year. Since then, NIU stock has decreased by 64.0% and is now trading at $5.80.
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Niu Technologies saw a decrease in short interest during the month of November. As of November 15th, there was short interest totaling 607,200 shares, a decrease of 24.7% from the October 31st total of 805,900 shares. Based on an average trading volume of 666,500 shares, the days-to-cover ratio is presently 0.9 days.
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The company is scheduled to release its next quarterly earnings announcement on Monday, March 6th 2023.
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Niu Technologies (NASDAQ:NIU) issued its quarterly earnings data on Sunday, November, 21st. The company reported $1.28 EPS for the quarter, missing the consensus estimate of $1.79 by $0.51. The firm had revenue of $190.33 million for the quarter, compared to analyst estimates of $207.28 million. Niu Technologies had a net margin of 1.01% and a trailing twelve-month return on equity of 2.76%. During the same quarter in the prior year, the company earned $0.15 EPS.

Niu Technologies issued an update on its fourth quarter 2022 earnings guidance on Tuesday, November, 22nd. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $110.92 million-$138.61 million.

Based on aggregate information from My MarketBeat watchlists, some companies that other Niu Technologies investors own include Inseego (INSG), JD.com (JD), Bilibili (BILI), Baidu (BIDU), BioXcel Therapeutics (BTAI), Baozun (BZUN), Impinj (PI), Marvell Technology (MRVL), NVIDIA (NVDA) and Akoustis Technologies (AKTS).

(NIU) raised $95 million in an initial public offering (IPO) on Friday, October 19th 2018. The company issued 8,300,000 shares at $10.50-$12.50 per share. Credit Suisse and Citigroup acted as the underwriters for the IPO and Needham & Company was co-manager.

Niu Technologies trades on the NASDAQ under the ticker symbol "NIU."

Niu Technologies' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Sumitomo Mitsui Trust Holdings Inc. (7.13%), ARK Investment Management LLC (3.00%), Vanguard Group Inc. (2.15%), TT International Asset Management LTD (1.10%), BlackRock Inc. (0.86%) and Renaissance Technologies LLC (0.59%).

Shares of NIU stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of NIU stock can currently be purchased for approximately $5.80.

Niu Technologies (NASDAQ:NIU) has a market capitalization of $445.67 million and generates $581.32 million in revenue each year. The company earns $35.44 million in net income (profit) each year or $0.07 on an earnings per share basis.

The company employs 702 workers across the globe.

Niu Technologies' mailing address is 11/F BUILDING A NO. 10 WANGJING STREET CHAOYANG DISTRICT, BEIJING F4, 100102. The official website for the company is www.niu.com. The company can be reached via phone at 861064321899 or via email at ir@niu.com.