Analyst firms

Nomura upgrades, downgrades and price targets

Nomura has published 64 rating actions on 40 companies in the Quantisnow ratings feed since June 2021: 25 upgrades, 32 downgrades and 6 initiations. Its most recent action on VIPS was on Aug 27, 2026: Nomura downgrades to Neutral from Buy. Going by its latest rating on each stock, Nomura rates 45% of the companies it covers Buy or an equivalent and 3% Sell or an equivalent. Technology is the sector it rates most often.

Rating actions

64

Stocks rated

40

Upgrades

25

Downgrades

32

Latest Nomura rating actions

• Aug 27, 2026VIPS
  DowngradeVIPSNomura downgrades to Neutral from Buy

  Nomura on VIPS
• Aug 13, 2026KEP
  DowngradeKEPNomura downgrades to Neutral from Buy
• Aug 13, 2026TME
  DowngradeTMENomura downgrades to Neutral from Buy, price target $10
• Jun 12, 2026YMM
  InitiateYMMNomura starts coverage at Buy
• Mar 27, 2026PDD
  UpgradePDDNomura upgrades to Buy from Neutral, price target $136

  Nomura on PDD
• Mar 11, 2026NIO
  UpgradeNIONomura upgrades to Buy from Neutral, price target $6.60
• Feb 27, 2026VIPS
  UpgradeVIPSNomura upgrades to Buy from Neutral, price target $22

  Nomura on VIPS
• Jan 12, 2026CPNG
  DowngradeCPNGNomura downgrades to Neutral from Buy, price target $22
• Nov 19, 2025SONY
  UpgradeSONYNomura upgrades to Buy from Neutral
• Nov 19, 2025AS
  UpgradeASNomura upgrades to Buy from Neutral, price target $39.79
• Oct 30, 2025ASX
  UpgradeASXNomura upgrades to Buy from Neutral
• Aug 6, 2025CPNG
  UpgradeCPNGNomura upgrades to Buy from Neutral, price target $35
• May 5, 2025KC
  UpgradeKCNomura upgrades to Buy from Neutral, price target $18.30

  Nomura on KC
• Mar 21, 2025PDD
  DowngradePDDNomura downgrades to Neutral from Buy, price target $137 to $130

  Nomura on PDD
• Mar 19, 2025XPEV
  UpgradeXPEVNomura upgrades to Buy from Neutral, price target $14 to $30
• Mar 3, 2025KC
  DowngradeKCNomura downgrades to Neutral from Buy

  Nomura on KC
• Feb 19, 2025BIDU
  DowngradeBIDUNomura downgrades to Neutral from Buy
• Jan 23, 2025HDB
  UpgradeHDBNomura upgrades to Buy from Neutral
• Dec 19, 2024RDY
  DowngradeRDYNomura downgrades to Neutral from Buy
• Nov 22, 2024KC
  UpgradeKCNomura upgrades to Buy from Neutral, price target $2.29 to $6.70

  Nomura on KC
• Aug 23, 2024LYFT
  UpgradeLYFTNomura upgrades to Neutral from Reduce
• Aug 22, 2024BILI
  UpgradeBILINomura upgrades to Buy from Neutral, price target $18
• Aug 5, 2024GM
  DowngradeGMNomura downgrades to Reduce from Neutral
• Jul 31, 2024STLA
  UpgradeSTLANomura upgrades to Buy from Neutral

  Nomura on STLA
• Jul 10, 2024SMCI
  DowngradeSMCINomura downgrades to Neutral from Buy, price target $930
• Jul 2, 2024WIT
  InitiateWITNomura starts coverage at Buy
• May 8, 2024SKM
  UpgradeSKMNomura upgrades to Neutral from Reduce
• Mar 13, 2024STLA
  DowngradeSTLANomura downgrades to Neutral from Buy

  Nomura on STLA
• Jan 31, 2024TM
  DowngradeTMNomura downgrades to Neutral from Buy
• Dec 29, 2023LYFT
  DowngradeLYFTNomura downgrades to Reduce from Neutral, price target $11.70 to $13
• Dec 29, 2023UBER
  DowngradeUBERNomura downgrades to Neutral from Buy, price target $59 to $62
• Dec 18, 2023QFIN
  InitiateQFINNomura starts coverage at Buy
• Dec 18, 2023FINV
  InitiateFINVNomura starts coverage at Buy
• Nov 29, 2023BILI
  DowngradeBILINomura downgrades to Neutral from Buy
• Nov 22, 2023BIDU
  UpgradeBIDUNomura upgrades to Buy from Neutral, price target $145
• Nov 21, 2023TCOM
  DowngradeTCOMNomura downgrades to Neutral from Buy
• Oct 20, 2023SMCI
  InitiateSMCINomura starts coverage at Buy, price target $413
• Aug 17, 2023BWA
  DowngradeBWANomura downgrades to Neutral from Buy, price target $44
• Aug 4, 2023DQ
  UpgradeDQNomura upgrades to Buy from Neutral, price target $45
• Jun 20, 2023HMC
  DowngradeHMCNomura downgrades to Neutral from Buy

Stocks Nomura rates most

Questions about Nomura ratings

How many stocks does Nomura cover?

Nomura has rated 40 companies in the Quantisnow feed since June 2021, across 64 rating actions.

What was Nomura's latest upgrade?

On Mar 27, 2026, Nomura upgrades to Buy from Neutral, price target $136 on PDD.

What was Nomura's latest downgrade?

On Aug 27, 2026, Nomura downgrades to Neutral from Buy on VIPS.

Does Nomura upgrade or downgrade more often?

Nomura has made 25 upgrades and 32 downgrades in the feed, so 44% of its rating changes were upgrades.

Other analyst firms

• Morgan Stanley5,639
• BofA Securities4,126
• Barclays3,644
• Wells Fargo3,642
• Citigroup3,487
• Raymond James3,397
• Jefferies3,133
• Goldman Sachs3,094
• UBS2,887
• Piper Sandler2,689
• TD Cowen2,567
• RBC Capital Markets2,404
• Deutsche Bank2,227
• KeyBanc Capital Markets1,962
• Wolfe Research1,899
• BMO Capital Markets1,784
• Truist Securities1,684
• Stifel1,649
• Needham1,591
• Oppenheimer1,570
• Mizuho1,561
• Evercore ISI1,405
• Robert W. Baird1,397
• H.C. Wainwright1,228

All analyst firms

From rating actions in the Quantisnow feed since June 2021. Includes ratings published as Nomura Instinet. Counts refresh every six hours. See also today's analyst upgrades and the live ratings feed.