Niu Technologies (NASDAQ:NIU) Issues Earnings Results

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

Here are the key takeaways from Niu Technologies’ conference call:

• Q2 sales volume rose 24% year over year to 434,000 units, driven by 26% growth in China to roughly 402,000 units. Electric motorcycles represented about 60% of domestic volume and offset weakness in the premium e-bicycle market.
• Revenue increased 14.7% to RMB 1.44 billion, but gross margin fell 4.1 percentage points to 16% as sales shifted toward lower-margin electric motorcycles, raw-material costs remained elevated, and overseas kick-scooter inventory was cleared. Niu posted a GAAP net loss of RMB 102 million versus net income of RMB 5.9 million a year earlier.
• International electric-motorcycle sales increased 50% year over year, while the dealer network expanded to 417 locations and higher-priced 125cc-plus models reached about half of European volume. Management said this business achieved local profitability and expects continued structural growth.
• Management expects third-quarter revenue of RMB 1.86 billion to RMB 2.03 billion, representing year-over-year growth of 10% to 20%. The company plans to launch additional electric motorcycles and refreshed RMB 5,000–RMB 7,000 e-bikes to improve product mix, average selling prices, and margins.
• Niu is investing in AI-enabled features, brand marketing, and online channels while prioritizing retail efficiency; domestic online sales rose 50% and same-store sales increased 24%. These initiatives support longer-term adoption but contributed to higher selling and marketing expenses during the quarter.

Niu Technologies Stock Down 17.1%

Shares of NASDAQ NIU opened at $2.04 on Tuesday. The firm has a market cap of $159.59 million, a PE ratio of -11.33 and a beta of -0.14. The company’s fifty day simple moving average is $2.29 and its 200 day simple moving average is $2.83. Niu Technologies has a 12-month low of $1.92 and a 12-month high of $5.67.

Hedge Funds Weigh In On Niu Technologies

Several institutional investors have recently made changes to their positions in the stock. Public Employees Retirement System of Ohio grew its stake in shares of Niu Technologies by 9.7% in the 4th quarter. Public Employees Retirement System of Ohio now owns 50,835 shares of the company’s stock valued at $154,000 after buying an additional 4,477 shares during the period. Sei Investments Co. boosted its holdings in Niu Technologies by 75.5% in the third quarter. Sei Investments Co. now owns 20,979 shares of the company’s stock worth $98,000 after acquiring an additional 9,028 shares in the last quarter. Quarry LP bought a new position in Niu Technologies in the fourth quarter worth approximately $27,000. Nomura Holdings Inc. acquired a new stake in Niu Technologies in the second quarter valued at approximately $51,000. Finally, Quadrature Capital Ltd acquired a new stake in Niu Technologies in the fourth quarter valued at approximately $47,000. Institutional investors and hedge funds own 75.06% of the company’s stock.

Wall Street Analysts Forecast Growth

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

Key Stories Impacting Niu Technologies

Here are the key news stories impacting Niu Technologies this week:

• Positive Sentiment: Second-quarter revenue rose 14.7% year over year to RMB 1.44 billion, exceeding the roughly RMB 1.17 billion implied by the provided analyst estimate. E-scooter volume increased 24.2% to 434,687 units, led by a 26.2% gain in China, while accessories, parts and services revenue climbed 29%. Niu Technologies Announces Unaudited Second Quarter 2026 Financial Results
• Positive Sentiment: Management projected third-quarter revenue of RMB 1.863 billion to RMB 2.033 billion, representing expected year-over-year growth of 10% to 20%. The company is also accelerating its pivot toward electric motorcycles and expanding AI-enabled riding features, potentially supporting longer-term product growth. Niu expects Q3 2026 revenue outlook and electric motorcycle pivot
• Neutral Sentiment: NIU ended the quarter with RMB 1.48 billion in cash, term deposits and short-term investments, against RMB 220 million in short-term borrowings. This provides liquidity for operations, although the company remains loss-making.
• Negative Sentiment: NIU swung to a RMB 102.2 million net loss from RMB 5.9 million of net income a year earlier, with adjusted net loss reaching RMB 98.2 million. Reported loss per ADS was RMB 1.26, or approximately $0.19, substantially missing the provided consensus expectation of $0.19 earnings per share. Niu Technologies margin pressure and Q2 loss
• Negative Sentiment: Gross margin contracted to 16.0% from 20.1% as upstream supply-chain costs increased and product mix shifted toward lower-priced models. Revenue per scooter fell 8.6%, while operating expenses rose 28.6%, worsening the profitability outlook even as unit sales grew.

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.