Key Takeaways:
- Niu Technologies launches the innovative KQi 200 Series, enhancing options for urban commuters.
- Analysts forecast a potential 7.62% upside for NIU, with a target price reaching up to $4.00.
- GuruFocus projects an impressive 26.35% increase in stock value.
Niu Technologies Unveils KQi 200 Series
Niu Technologies (NIU, Financial) has expanded its product lineup by introducing the KQi 200 Series, which includes two new electric scooters: the KQi 200P and KQi 200F. The KQi 200P is available at a price point of $649 and boasts enhanced power and stability. On the other hand, the KQi 200F, priced at $699, features a convenient foldable design, making it an ideal option for urban commuters.
Analysts' Price Targets and Recommendations
According to insights from two analysts, the projected one-year price target for Niu Technologies (NIU, Financial) averages at $3.80. This includes a high estimate of $4.00 and a low estimate of $3.60. Based on the current trading price of $3.53, this suggests a potential upside of 7.62%. For further details, please refer to the Niu Technologies (NIU) Forecast page.
Brokerage Firms' Recommendations
The consensus recommendation from three brokerage firms categorizes Niu Technologies (NIU, Financial) with an average recommendation of 2.3, reflecting an "Outperform" status. The rating scale ranges from 1, indicating a Strong Buy, to 5, denoting a Sell.
GuruFocus Valuation and Potential Upside
Based on GuruFocus estimates, the GF Value for Niu Technologies (NIU, Financial) in the upcoming year is $4.46. This estimation represents a substantial upside of 26.35% from the current price of $3.53. The GuruFocus GF Value is derived from the historical trading multiples of the stock, its past business growth, and future performance projections. For an in-depth analysis, please visit the Niu Technologies (NIU) Summary page.