Nissan Motor Co (7201) AI Stock Analysis

• Market Cap: ¥1.22T
• Dividend Yield: N/A
• Average Volume (3M): 27.47M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.29
• Revenue Growth: -3.01%
• EPS Growth: -755.71%
• Country: JP
• Employees: 133,580
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Auto - Manufacturers
• EPS (TTM): N/A
• Shares Outstanding: 3,713,998,500
• 10 Day Avg. Volume: 28,296,099
• 30 Day Avg. Volume: 27,474,239
• PEG Ratio: <0.01
• Price to Book (P/B): 0.27
• Price to Sales (P/S): 0.11
• P/FCF Ratio: -1.17
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ¥390.56
• Price Target Upside: 11.97% Upside
• Rating Consensus: Moderate Sell
• Number of Analyst Covering: 8
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 47 Neutral
• Price Target: ¥344.00 ▼(-1.38% Downside)
• Action: Reiterated Date: 02/18/26
• Date: Action: Reiterated 02/18/26

The score is held down primarily by deteriorating financial performance (losses, higher leverage, and negative free cash flow). Technicals are a key offset with a strong uptrend and positive momentum, but overbought indicators add near-term risk. Valuation is constrained by negative earnings and no dividend yield data.

Positive Factors

Global scale & diversified revenue

Nissan’s global manufacturing and sales footprint across multiple regions and brand lines gives durable revenue scale and market access. Combined automotive sales and captive finance diversify cash flow drivers, reducing reliance on any single market and supporting long-term distribution and financing capability.

Operating cash generation

Sustained positive operating cash flow despite reported losses demonstrates the core business still converts sales into cash. This ongoing cash generation supports operations, dealer financing, and investment capacity, making short- to medium-term funding of core activities more resilient than headline earnings suggest.

Large asset base / equity cushion

A substantial asset base and non-trivial equity provide a structural buffer versus peers with thinner capital. That balance-sheet scale supports borrowing capacity, collateralization for financing operations and investments, and gives management options for restructuring or funding strategic shifts without immediate solvency risk.

Negative Factors

Rising leverage

Rising leverage materially limits financial flexibility over the medium term. Higher debt-to-equity increases interest and refinancing risk, constrains strategic investments like EV transition, and magnifies earnings volatility; with profitability negative, leverage elevation weakens ability to withstand demand or cost shocks.

Negative free cash flow

Persistently negative FCF and weak coverage indicate core cash retained is insufficient to fund capex and working-capital needs. Over months this forces reliance on external financing or asset/divestment actions, complicating deleveraging and investment in product programs required for long-term competitiveness.

Deteriorated profitability

A large net loss and negative operating profit signal structural margin pressure from pricing, mix, or cost inflation. Sustained weak profitability erodes retained earnings, depresses return on capital, and limits ability to internally fund model refreshes, electrification and R&D needed to defend market share.

Nissan Motor Co Business Overview & Revenue Model

Company Description

Nissan Motor Co., Ltd. manufactures and sells vehicles and automotive parts worldwide. It sells vehicles under the Nissan, Infiniti, Datsun, Heritage, and Motorsports brands. The company offers vehicle and vehicle parts; engines, manual transmissions, and multiplier/reducer units; automotive parts; axles; specially equipped vehicles; and motorsports engines. It also provides financial services, auto credit and car leasing, card business, insurance agency, and inventory finance, as well as engages in exterior and interior design for automobiles, and operations and consulting related to the analysis and assay of raw materials. In addition, the company engages in the provision of travel, environmental and engineering, production technology center, and facility services; ground and vehicle management, and information and logistics businesses; design, vehicle drawings and experiments, other engineering, electronic devices, and electronic equipment businesses; export and import of auto components and materials; and real estate businesses. Further, it is involved in promotion of motorsports, including race and motorsports event planning, and vehicle remodeling; sale of car parts and accessories for motorsports; and demonstration test and commercialization study for second-life use of lithium-ion batteries for automotive use. Additionally, the company imports and sells Renault vehicles and parts; and manages and plans professional soccer team and soccer schools. The company was founded in 1933 and is headquartered in Yokohama, Japan.

How the Company Makes Money

Nissan primarily makes money through (1) automotive sales and (2) financial services. 1) Automotive (vehicle and parts-related) revenue - Vehicle sales: The largest share of Nissan’s revenue comes from selling new vehicles to customers, generally via a network of independent dealers and distributors. Revenue is generated when vehicles are sold into markets across regions (e.g., Japan, North America, Europe, and other international markets), and profitability depends on factors such as model mix, pricing/incentives, production costs, capacity utilization, and foreign-exchange movements. - Parts and accessories: Nissan earns additional revenue from supplying genuine service parts, accessories, and other aftersales items used in maintenance and repairs throughout the vehicle lifecycle. - Other automotive-related items: Nissan may also have revenue from services tied to mobility, warranties, or other automotive offerings; specific breakdowns are not provided here (null). 2) Financial services revenue (Nissan’s captive finance operations) - Retail financing and leasing: Nissan’s finance subsidiaries generate interest income and lease revenue by providing loans and leases to retail customers who purchase or lease Nissan/Infiniti vehicles. - Dealer financing (wholesale): Nissan also provides financing to dealerships (e.g., floorplan/wholesale financing), earning interest and related fees. - Ancillary financial products: Additional earnings can come from fees and margins on related products such as insurance-related offerings or service contracts where offered; specific product details and contribution are not provided here (null). Key factors that contribute to earnings - Sales volumes and model mix: Demand for higher-margin models, including SUVs/trucks and well-received new models, can materially influence profitability. - Pricing, incentives, and residual values: Transaction pricing discipline, incentive spending, and used-vehicle residual values (important for leasing) affect both automotive margins and finance performance. - Manufacturing and supply chain efficiency: Material costs, sourcing, logistics, and plant utilization impact cost of goods sold. - Currency and commodity exposure: With global production and sales, exchange rates and input costs can significantly affect reported results. - Partnerships/alliances: Nissan participates in an automotive alliance framework with other manufacturers, which can support cost sharing and platform/technology collaboration; detailed, deal-specific revenue impacts are not provided here (null).

Nissan Motor Co Financial Statement Overview

Summary

Financials are weak: TTM shows a large net loss and negative operating profit, leverage is elevated (debt-to-equity ~1.87x), and free cash flow is deeply negative despite positive operating cash flow—raising execution and balance-sheet risk.

Income Statement

Profitability has deteriorated meaningfully: TTM (Trailing-Twelve-Months) shows a net loss of about ¥926B with negative operating profit, and revenue is down sharply versus the prior period. While gross margin remains positive (~12% TTM), operating performance has swung from healthy profits in FY2023–FY2024 to losses in FY2025/TTM, indicating weaker pricing/mix and/or higher costs. The main strength is the company’s ability to generate sizable revenue scale, but the near-term earnings trajectory and margin compression are clear concerns.

Balance Sheet

Leverage is elevated and rising again: TTM debt-to-equity is ~1.87x (up from ~1.31x in FY2024), while return on equity is negative in FY2025 and TTM, reflecting losses on a still-material equity base. Total assets remain large and equity is not thin in absolute terms, but the combination of higher leverage and negative profitability reduces balance-sheet flexibility and increases sensitivity to operating volatility.

Cash Flow

Cash generation is mixed: operating cash flow remains positive (TTM ~¥839B), but free cash flow is meaningfully negative (TTM ~-¥849B), implying heavy investment and/or working-capital pressure. Cash flow support for debt looks weak based on the provided coverage metric (TTM ~0.13), and the business has been inconsistent—positive free cash flow in FY2021 and FY2023, but negative in most other years including FY2024–TTM. The key strength is continued positive operating cash flow despite losses, but persistent negative free cash flow is a near-term risk.

Breakdown	TTM	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022
Income Statement
Total Revenue	12.07T	12.63T	12.69T	10.60T	8.42T	7.86T
Gross Profit	1.47T	1.62T	2.00T	1.65T	1.30T	995.61B
EBITDA	634.56B	767.84B	1.25T	1.07T	937.33B	559.11B
Net Income	-926.27B	-670.90B	426.65B	221.90B	215.53B	-448.70B
Balance Sheet
Total Assets	19.69T	19.02T	19.86T	17.60T	16.37T	16.45T
Cash, Cash Equivalents and Short-Term Investments	2.21T	2.20T	2.13T	2.01T	1.79T	2.03T
Total Debt	5.68T	4.48T	5.41T	4.21T	4.17T	4.34T
Total Liabilities	14.36T	13.58T	13.38T	11.98T	11.34T	12.11T
Stockholders Equity	4.90T	4.96T	5.98T	5.13T	4.58T	3.94T
Cash Flow
Free Cash Flow	-849.09B	-1.16T	-666.88B	87.55B	-276.70B	140.48B
Operating Cash Flow	839.49B	753.69B	960.90B	1.22T	847.19B	1.32T
Investing Cash Flow	-967.07B	-971.23B	-812.66B	-445.39B	-141.52B	-366.24B
Financing Cash Flow	187.70B	263.25B	-131.55B	-672.26B	-1.10T	-642.57B

Nissan Motor Co Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 348.80
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:7201, the sentiment is Negative. The current price of 348.8 is below the 20-day moving average (MA) of 392.80, below the 50-day MA of 402.56, and below the 200-day MA of 368.72, indicating a bearish trend. The MACD of -15.77 indicates Positive momentum. The RSI at 34.41 is Neutral, neither overbought nor oversold. The STOCH value of 17.98 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:7201.

Nissan Motor Co Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
7269	74 Outperform	¥3.76T	9.91	13.26%	1.85%	2.99%	9.99%
6201	68 Neutral	¥6.39T	13.95	4.59%	0.78%	2.91%	-11.26%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
7267	59 Neutral	¥5.07T	9.73	4.09%	4.41%	-0.43%	-26.68%
7270	58 Neutral	$1.83T	-82.83	9.73%	3.61%	1.04%	-31.52%
7261	55 Neutral	¥685.92B	6.29	1.72%	4.52%	-0.83%	-75.20%
7201	47 Neutral	¥1.22T	-12.05	-16.69%	―	-3.01%	-755.71%

Nissan Motor Co Corporate Events

Nissan Names Veteran Executive George Leondis as New CFO

Nissan Motor Co., Ltd. announced a change in its top financial leadership, with long-time executive George Leondis appointed Chief Financial Officer effective April 1, succeeding Jérémie Papin, who is stepping down for personal reasons. Papin will remain through mid-May to oversee the closing of the fiscal year and ensure an orderly handover.

Leondis, a chartered accountant who joined Nissan in 2004, has held senior finance and leadership roles in major markets, including responsibility for global product and industrial operations control, partnership finance, and M&A since 2024. Nissan’s chief executive, Ivan Espinosa, emphasized that the Re:Nissan recovery program remains on track and that the CFO transition is expected to be smooth, with no change to the company’s existing strategic priorities and commitments.

The most recent analyst rating on (JP:7201) stock is a Hold with a Yen369.00 price target. To see the full list of analyst forecasts on Nissan Motor Co stock, see the JP:7201 Stock Forecast page.

Nissan Proposes New Board Slate and Governance Leadership Roles

Nissan Motor Co., Ltd.’s nomination committee has selected a slate of candidates for the company’s board of directors, to be put before shareholders at the annual general meeting in June. The list includes the reappointment of several independent outside directors and internal executives, along with three new outside independent candidates, reflecting a continued emphasis on external oversight and governance diversity.

On March 10, the board also nominated candidates for key leadership roles, including board chair and the chairs and members of the nomination, compensation, and audit committees. These moves signal Nissan’s ongoing efforts to strengthen corporate governance, clarify board leadership, and reassure investors and other stakeholders about the robustness of its oversight framework.

The most recent analyst rating on (JP:7201) stock is a Hold with a Yen369.00 price target. To see the full list of analyst forecasts on Nissan Motor Co stock, see the JP:7201 Stock Forecast page.

Nissan Narrows Losses, Lifts FY2025 Outlook as Re:Nissan Restructuring Accelerates

Nissan Motor Co. reported resilient but still loss-making results for the nine months to December 2025, with global sales of 2.26 million vehicles led by the U.S. and China, net revenue of 8.6 trillion yen and a narrowed operating loss of 10.1 billion yen. The company achieved a positive third-quarter operating profit of 17.5 billion yen and maintained solid liquidity of 3.6 trillion yen, even as net income remained deeply negative due to lower contributions from equity-method affiliates and restructuring costs.

The automaker raised its full-year fiscal 2025 outlook, forecasting 11.9 trillion yen in net revenue and a significantly improved operating loss of 60 billion yen, despite continued tariff headwinds and a projected net loss of 650 billion yen largely from non-cash charges. Nissan also announced the consolidation of seven production sites and highlighted 240 billion yen of potential variable cost savings under its Re:Nissan program, underscoring an aggressive drive to streamline operations and reach positive automotive operating profit and free cash flow by fiscal 2026 before tariffs.

The most recent analyst rating on (JP:7201) stock is a Sell with a Yen250.00 price target. To see the full list of analyst forecasts on Nissan Motor Co stock, see the JP:7201 Stock Forecast page.

Nissan Narrows FY2025 Operating Loss Outlook but Deepens Net Loss on Restructuring

Nissan Motor has revised its fiscal 2025 consolidated forecast, now projecting net sales of ¥11.9 trillion and an operating loss of ¥60 billion, an improvement from the previously expected ¥275 billion loss, aided by faster fixed-cost reductions under its Re:Nissan recovery plan and a smaller negative currency impact. Despite the better operating outlook, the company now expects a net loss attributable to owners of ¥650 billion for the year, driven mainly by non-cash restructuring and business-alignment charges related to ongoing turnaround measures, signaling continued financial strain for shareholders even as operational metrics stabilize.

The revision narrows the gap versus fiscal 2024, when Nissan posted net sales of ¥12.63 trillion and an operating profit of ¥69.8 billion but a net loss of ¥670.9 billion, underscoring that structural cleanup and balance-sheet adjustments are still weighing on the bottom line. For investors and creditors, the updated guidance indicates incremental progress on cost discipline and execution of the Re:Nissan program, while highlighting that the turnaround remains in a capital-intensive phase with significant accounting charges that delay a return to profitability.

The most recent analyst rating on (JP:7201) stock is a Sell with a Yen250.00 price target. To see the full list of analyst forecasts on Nissan Motor Co stock, see the JP:7201 Stock Forecast page.

Nissan Swings to Deep Nine-Month Loss, Keeps Dividend at Zero

Nissan Motor Co. reported consolidated net sales of ¥8.58 trillion for the nine months to December 31, 2025, down 6.2% year on year, with an operating loss of ¥10.1 billion and a net loss attributable to owners of the parent of ¥250.2 billion, reflecting a sharp deterioration from the prior-year period. The automaker’s comprehensive income remained negative, net assets slipped slightly to ¥5.45 trillion with the equity ratio easing to 24.9%, and the company maintained a zero dividend for the period while revising its full-year forecast, signaling ongoing earnings pressure and a cautious stance toward shareholder payouts.

The most recent analyst rating on (JP:7201) stock is a Sell with a Yen250.00 price target. To see the full list of analyst forecasts on Nissan Motor Co stock, see the JP:7201 Stock Forecast page.

Nissan to Sell South African Manufacturing Assets as Part of Global Recovery Plan

Nissan Motor Co., Ltd. has decided to sell the land, buildings and equipment of its manufacturing and stamping plants in Rosslyn, South Africa, owned by its wholly owned subsidiary Nissan (South Africa) Proprietary Limited, as part of its global recovery plan “Re:Nissan.” Despite divesting these production assets to Chery International Proprietary Limited under undisclosed financial terms, Nissan’s South African subsidiary will continue to offer vehicles and services in the local market, with the timing of the sale and its financial impact still under assessment and subject to regulatory approvals. The move signals a restructuring of Nissan’s manufacturing footprint rather than a full exit from South Africa, and reflects the company’s broader efforts to streamline operations and improve efficiency under its recovery strategy.

The most recent analyst rating on (JP:7201) stock is a Hold with a Yen425.00 price target. To see the full list of analyst forecasts on Nissan Motor Co stock, see the JP:7201 Stock Forecast page.