Nomura Stock Recommendations and Price Targets

This is a list of recent ratings by Nomura.

DateCompany NameActionCurrent
Price
Price
Target
Rating
4/15/2026
ALNPY
ANA
Downgrade$4.00Strong-Buy ➝ Hold
4/8/2026
PCRFY
Panasonic
Downgrade$9.00Neutral
4/1/2026
SMTOY
Sumitomo Electric Industries
Upgrade$62.00Strong-Buy
3/27/2026
PDD
PDD
Upgrade$98.00 $136.00Neutral ➝ Buy
3/18/2026
HROW
Harrow
Downgrade$41.00Neutral
3/11/2026
NIO
NIO
Upgrade$6.00 $6.60Neutral ➝ Buy
3/9/2026
JD
JD.com
Boost Price Target$30.00$37.00 ➝ $40.00Buy ➝ Buy
3/6/2026
BIDU
Baidu
Lower Price Target$128.00$196.00 ➝ $186.00Buy ➝ Buy
3/3/2026
FRCOY
Fast Retailing
Upgrade$45.00Hold
3/2/2026
CPNG
Coupang
Lower Price Target$20.00$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$13.00Hold
2/20/2026
JXHLY
ENEOS
Upgrade$16.00Strong-Buy
2/20/2026
IPXHY
Inpex
Upgrade$25.00Hold
2/13/2026
NSANY
Nissan Motor
Upgrade$5.00Hold
2/13/2026
ISUZY
Isuzu Motors
Upgrade$14.00Hold
2/13/2026
HTHIY
Hitachi
Upgrade$34.00Strong-Buy
2/13/2026
NTES
NetEase
Lower Price Target$111.00$160.00 ➝ $155.00Buy ➝ Buy
2/3/2026
TTDKY
TDK
Upgrade$17.00Strong-Buy
1/26/2026
BIDU
Baidu
Boost Price Target$128.00$178.00 ➝ $196.00Buy ➝ Buy
1/26/2026
BABA
Alibaba Group
Boost Price Target$133.00$193.00 ➝ $237.00Buy ➝ Buy
1/12/2026
CPNG
Coupang
Downgrade$20.00 $22.00Buy ➝ Neutral
1/12/2026
BABA
Alibaba Group
Lower Price Target$133.00$215.00 ➝ $193.00Buy ➝ Buy
1/5/2026
BIDU
Baidu
Boost Price Target$128.00$140.00 ➝ $178.00Buy ➝ Buy
12/17/2025
CPNG
Coupang
Lower Price Target$20.00$38.00 ➝ $30.00Buy ➝ Buy
12/9/2025
HMC
Honda Motor
Upgrade$24.00Strong-Buy
11/20/2025
BIDU
Baidu
Set Price Target$128.00$135.00 ➝ $140.00Neutral ➝ Buy
11/19/2025
SONY
Sony
Upgrade$20.00Neutral ➝ Buy
11/19/2025
BIDU
Baidu
Upgrade$128.00Hold ➝ Strong-Buy
11/18/2025
AS
Amer Sports
Set Price Target$35.00 $39.80Neutral ➝ Buy
11/18/2025
AS
Amer Sports
Upgrade$35.00Hold ➝ Strong-Buy
11/17/2025
JD
JD.com
Lower Price Target$30.00$43.00 ➝ $37.00Buy ➝ Buy
10/30/2025
ASX
ASE Technology
Upgrade$31.00Neutral ➝ Buy
10/23/2025
PMRTY
Pop Mart International Group
Upgrade$20.00Strong-Buy
10/14/2025
YASKY
Yaskawa Electric
Upgrade$68.00Hold ➝ Strong-Buy
10/9/2025
BABA
Alibaba Group
Boost Price Target$133.00$170.00 ➝ $215.00Buy ➝ Buy
9/29/2025
SUOPY
SUMCO
Upgrade$28.00Strong-Buy
9/22/2025
AS
Amer Sports
Downgrade$35.00Strong-Buy ➝ Hold
9/22/2025
BIDU
Baidu
Boost Price Target$128.00$91.00 ➝ $135.00Neutral ➝ Neutral
9/17/2025
SHWDY
Resonac
Upgrade$84.00Hold ➝ 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$181.00Strong-Buy
8/6/2025
CPNG
Coupang
Upgrade$20.00 $35.00Neutral ➝ Buy
7/3/2025
SMFG
Sumitomo Mitsui Financial Group
Upgrade$20.00Strong-Buy
6/6/2025
TRYIY
Toray Industries
Upgrade$14.00Hold
6/6/2025
SKHSY
Sekisui House
Upgrade$21.00Hold
6/6/2025
DSNKY
Daiichi Sankyo
Upgrade$16.00Strong-Buy
6/3/2025
MSADY
MS&AD Insurance Group
Upgrade$25.00Hold
6/3/2025
TKOMY
Tokio Marine
Upgrade$45.00Hold
5/29/2025
EJPRY
East Japan Railway
Upgrade$11.00Strong-Buy
5/28/2025
SSUMY
Sumitomo
Upgrade$36.00Strong-Buy
5/28/2025
MITSY
Mitsui & Co.
Upgrade$713.00Strong-Buy
5/27/2025
RKUNY
Rakuten
Upgrade$5.00Hold
5/27/2025
THKLY
THK
Upgrade$18.00Strong-Buy
5/27/2025
AJINY
Ajinomoto
Upgrade$28.00Hold
5/5/2025
KC
Kingsoft Cloud
Upgrade$16.00 $18.30Neutral ➝ Buy
4/8/2025
TME
Tencent Music Entertainment Group
Upgrade$9.00Strong-Buy
3/21/2025
PDD
PDD
Downgrade$98.00Strong-Buy ➝ Hold
3/20/2025
PDD
PDD
Reiterated Rating$98.00$137.00 ➝ $130.00Buy ➝ Neutral
3/19/2025
XPEV
XPENG
Upgrade$17.00$14.00 ➝ $30.00Neutral ➝ Buy
3/18/2025
XPEV
XPENG
Upgrade$17.00Strong-Buy
3/17/2025
LI
Li Auto
Upgrade$18.00Hold
3/3/2025
KC
Kingsoft Cloud
Downgrade$16.00Buy ➝ Neutral
2/25/2025
BILI
Bilibili
Downgrade$22.00Strong-Buy ➝ Hold
2/21/2025
VNET
VNET Group
Upgrade$9.00Strong-Buy
2/21/2025
DSCSY
Disco
Upgrade$47.00Hold
2/19/2025
BIDU
Baidu
Downgrade$128.00Buy ➝ Neutral
1/23/2025
HDB
HDFC Bank
Upgrade$26.00Neutral ➝ Buy
12/19/2024
RDY
Dr. Reddy's Laboratories
Downgrade$14.00Buy ➝ Neutral
11/27/2024
NSANY
Nissan Motor
Downgrade$5.00Buy ➝ Neutral
11/22/2024
KC
Kingsoft Cloud
Upgrade$16.00$2.30 ➝ $6.70Neutral ➝ Buy
9/24/2024
AS
Amer Sports
Upgrade$35.00Strong-Buy
8/28/2024
DQ
DAQO New Energy
Upgrade$22.00Strong-Buy
8/27/2024
PDD
PDD
Upgrade$98.00Strong-Buy
8/26/2024
IQ
iQIYI
Upgrade$1.00Hold
8/26/2024
WB
Weibo
Upgrade$8.00Hold
8/26/2024
GDS
GDS
Upgrade$44.00Strong-Buy
8/23/2024
LYFT
Lyft
Upgrade$14.00$15.00 ➝ $13.00Reduce ➝ Neutral
8/22/2024
BILI
Bilibili
Upgrade$22.00 $18.00Neutral ➝ Buy
8/19/2024
CAN
Canaan
Upgrade$0.00Hold
8/19/2024
APTV
Aptiv
Upgrade$60.00Strong Sell ➝ Hold
8/5/2024
GM
General Motors
Downgrade$78.00 $34.00Neutral ➝ Reduce
8/5/2024
GM
General Motors
Upgrade$78.00Strong Sell
7/31/2024
STLA
Stellantis
Upgrade$8.00Neutral ➝ Buy
7/12/2024
SHWDY
Resonac
Upgrade$84.00Strong-Buy
7/10/2024
SMCI
Super Micro Computer
Downgrade$28.00 $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$37.00Reduce ➝ Neutral
4/5/2024
JD
JD.com
Lower Price Target$30.00$36.00 ➝ $33.00
3/13/2024
STLA
Stellantis
Reiterated Rating$8.00Buy ➝ Neutral
2/28/2024
BYDDY
BYD
Initiated Coverage$14.00Buy
2/5/2024
SKM
SK Telecom
Reiterated Rating$37.00Neutral ➝ Reduce
1/31/2024
TM
Toyota Motor
Downgrade$192.00Buy ➝ Neutral
12/29/2023
LYFT
Lyft
Downgrade$14.00$11.70 ➝ $13.00Neutral ➝ Reduce
12/29/2023
UBER
Uber Technologies
Downgrade$76.00$59.00 ➝ $62.00Buy ➝ Neutral
12/18/2023
FINV
PPDAI Group
Initiated Coverage$5.00Buy
12/18/2023
QFIN
Qfin
Initiated Coverage$13.00Buy