Nomura Stock Recommendations and Price Targets

This is a list of recent ratings by Nomura.

DateCompany NameActionCurrent
Price
Price
Target
Rating
5/28/2026
PDD
PDD
Downgrade$81.00Strong-Buy ➝ Hold
5/20/2026
BIDU
Baidu
Boost Price Target$116.00$186.00 ➝ $190.00Buy ➝ Buy
5/15/2026
JD
JD.com
Boost Price Target$28.00$40.00 ➝ $41.00Buy ➝ Buy
5/15/2026
BABA
Alibaba Group
Boost Price Target$113.00$200.00 ➝ $207.00Buy ➝ Buy
4/30/2026
MZDAY
Mazda Motor
Upgrade$3.00Hold
4/30/2026
ISUZY
Isuzu Motors
Downgrade$13.00Hold ➝ Strong Sell
4/30/2026
CTSH
Cognizant Technology Solutions
Boost Price Target$51.00$92.00 ➝ $93.00Buy ➝ Buy
4/15/2026
ALNPY
ANA
Downgrade$4.00Strong-Buy ➝ Hold
4/8/2026
PCRFY
Panasonic
Downgrade$9.00Neutral
4/6/2026
CTSH
Cognizant Technology Solutions
Lower Price Target$51.00$100.00 ➝ $92.00Buy ➝ Buy
4/1/2026
SMTOY
Sumitomo Electric Industries
Upgrade$68.00Strong-Buy
3/27/2026
PDD
PDD
Upgrade$81.00 $136.00Neutral ➝ Buy
3/18/2026
HROW
Harrow
Downgrade$38.00Neutral
3/11/2026
NIO
NIO
Upgrade$5.00 $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$116.00$196.00 ➝ $186.00Buy ➝ Buy
3/3/2026
FRCOY
Fast Retailing
Upgrade$50.00Hold
3/2/2026
CPNG
Coupang
Lower Price Target$17.00$22.00 ➝ $20.00Neutral ➝ Neutral
2/27/2026
VIPS
Vipshop
Upgrade$14.00 $22.00Neutral ➝ Buy
2/25/2026
ITOCY
Itochu
Upgrade$12.00Strong-Buy
2/24/2026
TRUMY
Terumo
Upgrade$14.00Hold
2/20/2026
JXHLY
ENEOS
Upgrade$16.00Strong-Buy
2/20/2026
IPXHY
Inpex
Upgrade$22.00Hold
2/13/2026
NSANY
Nissan Motor
Upgrade$4.00Hold
2/13/2026
ISUZY
Isuzu Motors
Upgrade$13.00Hold
2/13/2026
HTHIY
Hitachi
Upgrade$30.00Strong-Buy
2/13/2026
NTES
NetEase
Lower Price Target$126.00$160.00 ➝ $155.00Buy ➝ Buy
2/3/2026
TTDKY
TDK
Upgrade$23.00Strong-Buy
1/26/2026
BIDU
Baidu
Boost Price Target$116.00$178.00 ➝ $196.00Buy ➝ Buy
1/26/2026
BABA
Alibaba Group
Boost Price Target$113.00$193.00 ➝ $237.00Buy ➝ Buy
1/12/2026
CPNG
Coupang
Downgrade$17.00 $22.00Buy ➝ Neutral
1/12/2026
BABA
Alibaba Group
Lower Price Target$113.00$215.00 ➝ $193.00Buy ➝ Buy
1/5/2026
BIDU
Baidu
Boost Price Target$116.00$140.00 ➝ $178.00Buy ➝ Buy
12/17/2025
CPNG
Coupang
Lower Price Target$17.00$38.00 ➝ $30.00Buy ➝ Buy
12/9/2025
HMC
Honda Motor
Upgrade$27.00Strong-Buy
11/20/2025
BIDU
Baidu
Set Price Target$116.00$135.00 ➝ $140.00Neutral ➝ Buy
11/19/2025
SONY
Sony
Upgrade$21.00Neutral ➝ Buy
11/19/2025
BIDU
Baidu
Upgrade$116.00Hold ➝ Strong-Buy
11/18/2025
AS
Amer Sports
Set Price Target$36.00 $39.80Neutral ➝ Buy
11/18/2025
AS
Amer Sports
Upgrade$36.00Hold ➝ 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$37.00Neutral ➝ Buy
10/23/2025
PMRTY
Pop Mart International Group
Upgrade$23.00Strong-Buy
10/14/2025
YASKY
Yaskawa Electric
Upgrade$77.00Hold ➝ Strong-Buy
10/9/2025
BABA
Alibaba Group
Boost Price Target$113.00$170.00 ➝ $215.00Buy ➝ Buy
9/29/2025
SUOPY
SUMCO
Upgrade$45.00Strong-Buy
9/22/2025
AS
Amer Sports
Downgrade$36.00Strong-Buy ➝ Hold
9/22/2025
BIDU
Baidu
Boost Price Target$116.00$91.00 ➝ $135.00Neutral ➝ Neutral
9/17/2025
SHWDY
Resonac
Upgrade$104.00Hold ➝ Strong-Buy
8/26/2025
RKUNY
Rakuten
Upgrade$5.00Hold ➝ Strong-Buy
8/18/2025
SEKEY
Seiko Epson
Upgrade$9.00Strong-Buy
8/18/2025
HOCPY
Hoya
Upgrade$165.00Strong-Buy
8/6/2025
CPNG
Coupang
Upgrade$17.00 $35.00Neutral ➝ Buy
7/3/2025
SMFG
Sumitomo Mitsui Financial Group
Upgrade$24.00Strong-Buy
6/6/2025
TRYIY
Toray Industries
Upgrade$14.00Hold
6/6/2025
DSNKY
Daiichi Sankyo
Upgrade$16.00Strong-Buy
6/6/2025
SKHSY
Sekisui House
Upgrade$21.00Hold
6/3/2025
MSADY
MS&AD Insurance Group
Upgrade$29.00Hold
6/3/2025
TKOMY
Tokio Marine
Upgrade$47.00Hold
5/29/2025
EJPRY
East Japan Railway
Upgrade$11.00Strong-Buy
5/28/2025
SSUMY
Sumitomo
Upgrade$40.00Strong-Buy
5/28/2025
MITSY
Mitsui & Co.
Upgrade$619.00Strong-Buy
5/27/2025
RKUNY
Rakuten
Upgrade$5.00Hold
5/27/2025
THKLY
THK
Upgrade$22.00Strong-Buy
5/27/2025
AJINY
Ajinomoto
Upgrade$28.00Hold
5/5/2025
KC
Kingsoft Cloud
Upgrade$11.00 $18.30Neutral ➝ Buy
4/8/2025
TME
Tencent Music Entertainment Group
Upgrade$9.00Strong-Buy
3/21/2025
PDD
PDD
Downgrade$81.00Strong-Buy ➝ Hold
3/20/2025
PDD
PDD
Reiterated Rating$81.00$137.00 ➝ $130.00Buy ➝ Neutral
3/19/2025
XPEV
XPENG
Upgrade$14.00$14.00 ➝ $30.00Neutral ➝ Buy
3/18/2025
XPEV
XPENG
Upgrade$14.00Strong-Buy
3/17/2025
LI
Li Auto
Upgrade$14.00Hold
3/3/2025
KC
Kingsoft Cloud
Downgrade$11.00Buy ➝ Neutral
2/25/2025
BILI
Bilibili
Downgrade$18.00Strong-Buy ➝ Hold
2/21/2025
VNET
VNET Group
Upgrade$9.00Strong-Buy
2/21/2025
DSCSY
Disco
Upgrade$46.00Hold
2/19/2025
BIDU
Baidu
Downgrade$116.00Buy ➝ Neutral
1/23/2025
HDB
HDFC Bank
Upgrade$24.00Neutral ➝ Buy
12/19/2024
RDY
Dr. Reddy's Laboratories
Downgrade$13.00Buy ➝ Neutral
11/27/2024
NSANY
Nissan Motor
Downgrade$4.00Buy ➝ Neutral
11/22/2024
KC
Kingsoft Cloud
Upgrade$11.00$2.30 ➝ $6.70Neutral ➝ Buy
9/24/2024
AS
Amer Sports
Upgrade$36.00Strong-Buy
8/28/2024
DQ
DAQO New Energy
Upgrade$16.00Strong-Buy
8/27/2024
PDD
PDD
Upgrade$81.00Strong-Buy
8/26/2024
IQ
iQIYI
Upgrade$1.00Hold
8/26/2024
WB
Weibo
Upgrade$8.00Hold
8/26/2024
GDS
GDS
Upgrade$34.00Strong-Buy
8/23/2024
LYFT
Lyft
Upgrade$14.00$15.00 ➝ $13.00Reduce ➝ Neutral
8/22/2024
BILI
Bilibili
Upgrade$18.00 $18.00Neutral ➝ Buy
8/19/2024
CAN
Canaan
Upgrade$0.00Hold
8/19/2024
APTV
Aptiv
Upgrade$68.00Strong Sell ➝ Hold
8/5/2024
GM
General Motors
Downgrade$81.00 $34.00Neutral ➝ Reduce
8/5/2024
GM
General Motors
Upgrade$81.00Strong Sell
7/31/2024
STLA
Stellantis
Upgrade$7.00Neutral ➝ Buy
7/12/2024
SHWDY
Resonac
Upgrade$104.00Strong-Buy
7/10/2024
SMCI
Super Micro Computer
Downgrade$32.00 $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$38.00Reduce ➝ Neutral
4/5/2024
JD
JD.com
Lower Price Target$28.00$36.00 ➝ $33.00