Nomura Stock Recommendations and Price Targets

This is a list of recent ratings by Nomura.

DateCompany NameActionCurrent
Price
Price
Target
Rating
3/11/2026
NIO
NIO
Upgrade$6.00 $6.60Neutral ➝ Buy
3/9/2026
JD
JD.com
Boost Price Target$28.00$37.00 ➝ $40.00Buy ➝ Buy
3/6/2026
BIDU
Baidu
Lower Price Target$124.00$196.00 ➝ $186.00Buy ➝ Buy
3/3/2026
FRCOY
Fast Retailing
Upgrade$40.00Hold
3/2/2026
CPNG
Coupang
Lower Price Target$18.00$22.00 ➝ $20.00Neutral ➝ Neutral
2/27/2026
VIPS
Vipshop
Upgrade$16.00 $22.00Neutral ➝ Buy
2/25/2026
ITOCY
Itochu
Upgrade$13.00Strong-Buy
2/24/2026
TRUMY
Terumo
Upgrade$13.00Hold
2/20/2026
JXHLY
ENEOS
Upgrade$17.00Strong-Buy
2/20/2026
IPXHY
Inpex
Upgrade$27.00Hold
2/13/2026
NSANY
Nissan Motor
Upgrade$4.00Hold
2/13/2026
ISUZY
Isuzu Motors
Upgrade$15.00Hold
2/13/2026
HTHIY
Hitachi
Upgrade$30.00Strong-Buy
2/13/2026
NTES
NetEase
Lower Price Target$118.00$160.00 ➝ $155.00Buy ➝ Buy
2/3/2026
TTDKY
TDK
Upgrade$13.00Strong-Buy
1/26/2026
BIDU
Baidu
Boost Price Target$124.00$178.00 ➝ $196.00Buy ➝ Buy
1/26/2026
BABA
Alibaba Group
Boost Price Target$135.00$193.00 ➝ $237.00Buy ➝ Buy
1/12/2026
CPNG
Coupang
Downgrade$18.00 $22.00Buy ➝ Neutral
1/12/2026
BABA
Alibaba Group
Lower Price Target$135.00$215.00 ➝ $193.00Buy ➝ Buy
1/5/2026
BIDU
Baidu
Boost Price Target$124.00$140.00 ➝ $178.00Buy ➝ Buy
12/17/2025
CPNG
Coupang
Lower Price Target$18.00$38.00 ➝ $30.00Buy ➝ Buy
12/9/2025
HMC
Honda Motor
Upgrade$26.00Strong-Buy
11/20/2025
BIDU
Baidu
Set Price Target$124.00$135.00 ➝ $140.00Neutral ➝ Buy
11/19/2025
SONY
Sony
Upgrade$22.00Neutral ➝ Buy
11/19/2025
BIDU
Baidu
Upgrade$124.00Hold ➝ Strong-Buy
11/18/2025
AS
Amer Sports
Set Price Target$32.00 $39.80Neutral ➝ Buy
11/18/2025
AS
Amer Sports
Upgrade$32.00Hold ➝ Strong-Buy
11/17/2025
JD
JD.com
Lower Price Target$28.00$43.00 ➝ $37.00Buy ➝ Buy
10/30/2025
ASX
ASE Technology
Upgrade$21.00Neutral ➝ Buy
10/23/2025
PMRTY
Pop Mart International Group
Upgrade$26.00Strong-Buy
10/14/2025
YASKY
Yaskawa Electric
Upgrade$56.00Hold ➝ Strong-Buy
10/9/2025
BABA
Alibaba Group
Boost Price Target$135.00$170.00 ➝ $215.00Buy ➝ Buy
9/29/2025
SUOPY
SUMCO
Upgrade$19.00Strong-Buy
9/22/2025
AS
Amer Sports
Downgrade$32.00Strong-Buy ➝ Hold
9/22/2025
BIDU
Baidu
Boost Price Target$124.00$91.00 ➝ $135.00Neutral ➝ Neutral
9/17/2025
SHWDY
Resonac
Upgrade$71.00Hold ➝ Strong-Buy
8/26/2025
RKUNY
Rakuten
Upgrade$5.00Hold ➝ Strong-Buy
8/18/2025
SEKEY
Seiko Epson
Upgrade$6.00Strong-Buy
8/18/2025
HOCPY
Hoya
Upgrade$172.00Strong-Buy
8/6/2025
CPNG
Coupang
Upgrade$18.00 $35.00Neutral ➝ Buy
7/3/2025
SMFG
Sumitomo Mitsui Financial Group
Upgrade$19.00Strong-Buy
6/6/2025
TRYIY
Toray Industries
Upgrade$14.00Hold
6/6/2025
SKHSY
Sekisui House
Upgrade$22.00Hold
6/6/2025
DSNKY
Daiichi Sankyo
Upgrade$18.00Strong-Buy
6/3/2025
MSADY
MS&AD Insurance Group
Upgrade$25.00Hold
6/3/2025
TKOMY
Tokio Marine
Upgrade$37.00Hold
5/29/2025
EJPRY
East Japan Railway
Upgrade$12.00Strong-Buy
5/28/2025
SSUMY
Sumitomo
Upgrade$35.00Strong-Buy
5/28/2025
MITSY
Mitsui & Co.
Upgrade$723.00Strong-Buy
5/27/2025
RKUNY
Rakuten
Upgrade$5.00Hold
5/27/2025
THKLY
THK
Upgrade$16.00Strong-Buy
5/27/2025
AJINY
Ajinomoto
Upgrade$28.00Hold
5/5/2025
KC
Kingsoft Cloud
Upgrade$14.00 $18.30Neutral ➝ Buy
4/8/2025
TME
Tencent Music Entertainment Group
Upgrade$14.00Strong-Buy
3/21/2025
PDD
PDD
Downgrade$103.00Strong-Buy ➝ Hold
3/20/2025
PDD
PDD
Reiterated Rating$103.00$137.00 ➝ $130.00Buy ➝ Neutral
3/19/2025
XPEV
XPENG
Upgrade$20.00$14.00 ➝ $30.00Neutral ➝ Buy
3/18/2025
XPEV
XPENG
Upgrade$20.00Strong-Buy
3/17/2025
LI
Li Auto
Upgrade$17.00Hold
3/3/2025
KC
Kingsoft Cloud
Downgrade$14.00Buy ➝ Neutral
2/25/2025
BILI
Bilibili
Downgrade$25.00Strong-Buy ➝ Hold
2/21/2025
VNET
VNET Group
Upgrade$11.00Strong-Buy
2/21/2025
DSCSY
Disco
Upgrade$43.00Hold
2/19/2025
BIDU
Baidu
Downgrade$124.00Buy ➝ Neutral
1/23/2025
HDB
HDFC Bank
Upgrade$28.00Neutral ➝ Buy
12/19/2024
RDY
Dr. Reddy's Laboratories
Downgrade$14.00Buy ➝ Neutral
11/27/2024
NSANY
Nissan Motor
Downgrade$4.00Buy ➝ Neutral
11/22/2024
KC
Kingsoft Cloud
Upgrade$14.00$2.30 ➝ $6.70Neutral ➝ Buy
9/24/2024
AS
Amer Sports
Upgrade$32.00Strong-Buy
8/28/2024
DQ
DAQO New Energy
Upgrade$23.00Strong-Buy
8/27/2024
PDD
PDD
Upgrade$103.00Strong-Buy
8/26/2024
IQ
iQIYI
Upgrade$1.00Hold
8/26/2024
WB
Weibo
Upgrade$10.00Hold
8/26/2024
GDS
GDS
Upgrade$43.00Strong-Buy
8/23/2024
LYFT
Lyft
Upgrade$13.00$15.00 ➝ $13.00Reduce ➝ Neutral
8/22/2024
BILI
Bilibili
Upgrade$25.00 $18.00Neutral ➝ Buy
8/19/2024
CAN
Canaan
Upgrade$0.00Hold
8/19/2024
APTV
Aptiv
Upgrade$70.00Strong Sell ➝ Hold
8/5/2024
GM
General Motors
Downgrade$72.00 $34.00Neutral ➝ Reduce
8/5/2024
GM
General Motors
Upgrade$72.00Strong Sell
7/31/2024
STLA
Stellantis
Upgrade$7.00Neutral ➝ Buy
7/12/2024
SHWDY
Resonac
Upgrade$71.00Strong-Buy
7/10/2024
SMCI
Super Micro Computer
Downgrade$31.00 $93.00Buy ➝ Neutral
7/2/2024
WIT
Wipro
Initiated Coverage$2.00Buy
7/2/2024
WIT
Wipro
Upgrade$2.00Strong-Buy
5/8/2024
SKM
SK Telecom
Upgrade$28.00Reduce ➝ Neutral
4/5/2024
JD
JD.com
Lower Price Target$28.00$36.00 ➝ $33.00
3/13/2024
STLA
Stellantis
Reiterated Rating$7.00Buy ➝ Neutral
2/28/2024
BYDDY
BYD
Initiated Coverage$12.00Buy
2/5/2024
SKM
SK Telecom
Reiterated Rating$28.00Neutral ➝ Reduce
1/31/2024
TM
Toyota Motor
Downgrade$211.00Buy ➝ Neutral
12/29/2023
LYFT
Lyft
Downgrade$13.00$11.70 ➝ $13.00Neutral ➝ Reduce
12/29/2023
UBER
Uber Technologies
Downgrade$73.00$59.00 ➝ $62.00Buy ➝ Neutral
12/18/2023
FINV
PPDAI Group
Initiated Coverage$5.00Buy
12/18/2023
QFIN
Qfin
Initiated Coverage$14.00Buy
11/29/2023
BILI
Bilibili
Downgrade$25.00Buy ➝ Neutral
11/22/2023
BIDU
Baidu
Upgrade$124.00 $145.00Neutral ➝ Buy
11/21/2023
TCOM
Trip.com Group
Downgrade$52.00Buy ➝ Neutral
10/20/2023
LNVGY
Lenovo Group
Upgrade$24.00Neutral ➝ Buy
9/14/2023
KAIKY
Kawasaki Kisen Kaisha
Downgrade$17.00Buy ➝ Neutral