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Nissan Motor Co ( (JP:7201) ) has issued an announcement.
Nissan Motor Co. reported its financial results for fiscal year 2024, revealing a challenging year with a net loss of 670.9 billion yen and a negative free cash flow of 242.8 billion yen in its automotive business. The company faced intensified sales competition, forex fluctuations, and inflationary pressures, impacting its global sales and operating profit. Despite these challenges, Nissan is prioritizing U.S.-built products and optimizing local capacity to mitigate potential tariff impacts. The outlook for fiscal year 2025 remains uncertain, with key financial metrics yet to be determined.
The most recent analyst rating on (JP:7201) stock is a Hold with a Yen550.00 price target. To see the full list of analyst forecasts on Nissan Motor Co stock, see the JP:7201 Stock Forecast page.
More about Nissan Motor Co
Nissan Motor Co., Ltd. is a prominent player in the automotive industry, known for manufacturing a wide range of vehicles, including cars, trucks, and electric vehicles. The company focuses on global markets, with significant operations in Japan, the United States, and China, and is committed to sustainable mobility solutions.
Average Trading Volume: 37,441,679
Technical Sentiment Signal: Sell
Current Market Cap: Yen1198B
For an in-depth examination of 7201 stock, go to TipRanks’ Stock Analysis page.