Analysts Are More Bearish On Niu Technologies (NASDAQ:NIU) Than They Used To Be
The latest analyst coverage could presage a bad day for Niu Technologies ( NASDAQ:NIU ), with the analysts making...
Has the U.S. Motorcycle Manufacturers Industry valuation changed over the past few years?
|Sun, 29 May 2022||US$7.7b||US$6.4b||US$481.8m||14.4x|
|Tue, 26 Apr 2022||US$8.8b||US$6.2b||US$523.3m||14.1x|
|Thu, 24 Mar 2022||US$7.4b||US$5.9b||US$628.2m||15.7x|
|Sat, 19 Feb 2022||US$8.2b||US$5.9b||US$630.1m||18.3x|
|Mon, 17 Jan 2022||US$7.9b||US$5.6b||US$512.0m||20.7x|
|Wed, 15 Dec 2021||US$8.2b||US$5.6b||US$511.9m||23x|
|Fri, 12 Nov 2021||US$8.9b||US$5.5b||US$522.4m||33.7x|
|Sun, 10 Oct 2021||US$8.6b||US$5.3b||US$479.3m||33.3x|
|Tue, 07 Sep 2021||US$8.6b||US$5.4b||US$489.3m||12.1x|
|Thu, 05 Aug 2021||US$8.6b||US$5.3b||US$500.3m||33.3x|
|Sun, 09 May 2021||US$10.6b||US$4.6b||US$200.4m||68.7x|
|Wed, 10 Feb 2021||US$10.2b||US$4.4b||US$9.0m||2430.3x|
|Tue, 03 Nov 2020||US$7.2b||US$4.7b||US$120.1m||61.6x|
|Fri, 07 Aug 2020||US$5.7b||US$4.8b||US$84.2m||60.9x|
|Thu, 30 Apr 2020||US$4.0b||US$5.6b||US$370.9m||19.3x|
|Sun, 02 Feb 2020||US$5.8b||US$5.7b||US$435.6m||18x|
|Wed, 06 Nov 2019||US$6.8b||US$5.7b||US$409.7m||33x|
|Sat, 10 Aug 2019||US$6.2b||US$5.7b||US$428.3m||64.8x|
How does U.S. Motorcycle Manufacturers compare with similar industries?
Volcon has increased its planned lineup in EV powersport vehicles, and in November they have gotten a couple of units into dealerships. They have also started their phased plan to begin export, with LatAm being their first new geography outside the US. Supply chain problems will be an issue if their products sell like cakes, because they are only getting started with partnering with manufacturers. Powersports is very exposed to semiconductor shortages, and BRP has just announced plans to make its own EV motorbike. While the markets are big, interest is high, and valuation isn't unreasonable, it's all about execution and the outcome could be bad against forces outside anyone's control.