US Stock Movement | Niu Tech rises over 3% as institutions expect the company to turn profitable by 2025
On Thursday, Niu Tech rose over 3%, closing at $2.99. In terms of news, China Merchants Securities gave Niu Tech an "Outperform" rating, mainly based on its strategic transformation in 2024, which includes a shift to lead-acid products, store expansion, and omnichannel marketing. It is expected that the domestic market for two-wheeled vehicles will see a year-on-year sales growth of 26%/50% in 2024/2025, with net profit expected to turn profitable by 2025. Risks include intensified industry competition, rising costs, and policy-related risks. The investment value lies in its market position and transformation potential
According to Zhitong Finance APP, on Thursday, Niu Tech (NIU.US) rose by over 3%, closing at $2.99. On the news front, China Merchants Securities gave Niu Tech an "Outperform" rating, mainly based on its strategic transformation in 2024, which includes a shift to lead-acid products, store penetration, and omnichannel marketing. It is expected that the domestic market for two-wheeled vehicles will see a year-on-year sales growth of 26%/50% in 2024/2025, with net profit expected to turn profitable by 2025. Risks include intensified industry competition, rising costs, and policy-related risks. The investment value lies in its market position and transformation potential