Niu Technologies (NASDAQ:NIU) Issues Quarterly Earnings Results

Niu Technologies (NASDAQ:NIU) posted its quarterly earnings results on Monday. The company reported ($0.19) earnings per share for the quarter, missing the consensus estimate of $0.19 by ($0.38), FiscalAI reports. Niu Technologies had a negative return on equity of 10.85% and a negative net margin of 2.17%.The business had revenue of $212.01 million during the quarter, compared to the consensus estimate of $173.23 million.

Niu Technologies Price Performance

NASDAQ:NIU opened at $2.46 on Monday. Niu Technologies has a 1-year low of $1.92 and a 1-year high of $5.67. The company has a market capitalization of $192.45 million, a PE ratio of -13.67 and a beta of -0.14. The firm’s 50-day moving average price is $2.30 and its 200-day moving average price is $2.84.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Niu Technologies in a research report on Thursday, June 18th. One research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Reduce” and a consensus target price of $3.50.

Hedge Funds Weigh In On Niu Technologies

Several large investors have recently modified their holdings of NIU. Virtu Financial LLC purchased a new position in Niu Technologies in the 4th quarter worth approximately $80,000. Invesco Ltd. lifted its position in shares of Niu Technologies by 101.4% during the 4th quarter. Invesco Ltd. now owns 3,649,665 shares of the company’s stock valued at $11,058,000 after buying an additional 1,837,089 shares in the last quarter. XTX Topco Ltd bought a new position in Niu Technologies in the 4th quarter worth $97,000. Quadrature Capital Ltd bought a new stake in Niu Technologies in the 4th quarter worth approximately $47,000. Finally, Millennium Management LLC raised its position in Niu Technologies by 180.2% during the fourth quarter. Millennium Management LLC now owns 243,788 shares of the company’s stock valued at $739,000 after purchasing an additional 156,769 shares during the period. Hedge funds and other institutional investors own 75.06% of the company’s stock.

About Niu Technologies

Niu Technologies Co, Ltd., established in 2014 and headquartered in Beijing, is a leading designer and manufacturer of smart electric scooters and micro-mobility solutions. The company integrates Internet of Things (IoT) connectivity into its vehicles, enabling real-time monitoring of battery status, vehicle diagnostics, and location tracking through its proprietary mobile application. By leveraging lightweight materials and modular battery systems, Niu aims to deliver efficient urban transportation alternatives that reduce reliance on conventional gasoline-powered motorcycles and cars.

Niu’s product portfolio encompasses a range of electric scooters, motorcycles, and e-bikes marketed under its NQi, MQi, and UQi series.