NASDAQ:NIUNiu Technologies Stock Price, Forecast & News

Niu Technologies' stock was trading at $7.93 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, NIU shares have increased by 183.7% and is now trading at $22.50. View which stocks have been most impacted by Coronavirus.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Niu Technologies in the last year. There are currently 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Niu Technologies.

Niu Technologies is scheduled to release its next quarterly earnings announcement on Friday, August 28th 2020. View our earnings forecast for Niu Technologies.

Niu Technologies - (NASDAQ:NIU) released its earnings results on Monday, May, 18th. The company reported ($0.05) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of ($0.02) by $0.03. The company earned $32.90 million during the quarter, compared to the consensus estimate of $32.71 million. Niu Technologies had a net margin of 7.79% and a return on equity of 20.72%. View Niu Technologies' earnings history.

Niu Technologies updated its second quarter 2020 Pre-Market earnings guidance on Monday, May, 18th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $82.618-92.504 million, compared to the consensus revenue estimate of $74.38 million.

3 equities research analysts have issued 12 month price objectives for Niu Technologies' stock. Their forecasts range from $13.00 to $24.00. On average, they expect Niu Technologies' share price to reach $17.67 in the next twelve months. This suggests that the stock has a possible downside of 21.5%. View analysts' price targets for Niu Technologies.

News coverage about NIU stock has been trending somewhat negative this week, InfoTrie Sentiment Analysis reports. The research group scores the sentiment of media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Niu Technologies earned a daily sentiment score of -1.5 on InfoTrie's scale. They also gave headlines about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View the latest news about Niu Technologies.

Niu Technologies saw a decrease in short interest in the month of June. As of June 15th, there was short interest totaling 324,700 shares, a decrease of 25.6% from the May 31st total of 436,200 shares. Based on an average daily volume of 221,900 shares, the days-to-cover ratio is currently 1.5 days. Currently, 0.5% of the company's stock are sold short. View Niu Technologies' Current Options Chain.

Some companies that are related to Niu Technologies include Brilliance China Automotive (BCAUY), Oshkosh (OSK), Tata Motors (TTM), MAZDA MTR CORP/ADR (MZDAY), Navistar International (NAV), Federal Signal (FSS), Workhorse Group (WKHS), The Shyft Group (SHYF), Spartan Motors (SPAR), Stagecoach Group (SAGKF), Rev Group (REVG), Kandi Technologies Group (KNDI), Electrameccanica Vehicles (SOLO), ELIO MOTORS INC/SH SH (ELIO) and Greenkraft (GKIT). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Niu Technologies investors own include Crispr Therapeutics (CRSP), Baidu (BIDU), Baozun (BZUN), NVIDIA (NVDA), Inseego (INSG), Marvell Technology Group (MRVL), InVitae (NVTA), Alibaba Group (BABA), FARO Technologies (FARO) and Fulgent Genetics (FLGT).

(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 DNB Asset Management AS (0.03%) and Exane Derivatives (0.02%).

NIU stock was bought by a variety of institutional investors in the last quarter, including DNB Asset Management AS, and Exane Derivatives.

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

One share of NIU stock can currently be purchased for approximately $22.50.

Niu Technologies has a market capitalization of $1.67 billion and generates $298.24 million in revenue each year. The company earns $27.30 million in net income (profit) each year or $0.36 on an earnings per share basis. Niu Technologies employs 413 workers across the globe.

The official website for Niu Technologies is www.niu.com.

Niu Technologies' mailing address is 11/F BUILDING A NO. 10 WANGJING STREET CHAOYANG DISTRICT, BEIJING F4, 100102. The company can be reached via phone at 86-10-6432-1899 or via email at [email protected]