Uxin (NASDAQ:UXIN – Get Free Report) announced its quarterly earnings data on Thursday. The company reported ($0.11) EPS for the quarter, Zacks reports. The company had revenue of $169.44 million for the quarter.
Here are the key takeaways from Uxin’s conference call:
- Uxin’s Q2 retail volume rose 89% year over year to 19,610 vehicles, while revenue increased 75% to RMB1.151 billion. Management expects Q3 volume of 20,500–21,000 vehicles, revenue of RMB1.16–1.19 billion, and nearly 50% year-over-year growth.
- Management said inventory turnover has improved to approximately 20 days, supported by AI-driven pricing and integrated operating systems. Uxin views this as a long-term operating target that can reduce price-risk exposure and improve capital efficiency.
- Rapid used-car price declines, particularly for internal-combustion vehicles, drove Q2 gross margin to negative 0.7% from 7% in the prior quarter and contributed to a RMB120 million adjusted EBITDA loss. Management expects gross margin to recover above 6% in Q3 as inventory is reset, but acknowledged that market risks remain elevated.
- Industry conditions remain weak, with July and August used-car transactions down 6% and 11% year over year, respectively. Management expects continued consolidation, estimating that 50,000–60,000 used-car dealerships could exit the market in 2026, although it believes this may benefit scaled and digital operators such as Uxin.
- NIO Capital has funded an additional $4 million and confirmed plans to complete its remaining $4 million investment at $2.86 per ADS. Separately, the CEO established a Rule 10b5-1 plan to purchase up to $5 million of ADS at no more than $2.85 per ADS, with purchases eligible to begin September 28.
Uxin Stock Up 19.3%
Shares of NASDAQ UXIN opened at $1.30 on Friday. The firm’s 50-day moving average price is $1.23 and its 200-day moving average price is $2.08. The company has a market cap of $281.37 million, a PE ratio of -6.19 and a beta of 0.84. Uxin has a 52-week low of $0.90 and a 52-week high of $4.18.
More Uxin News
- Positive Sentiment: Uxin reported second-quarter revenue of $169.44 million, up approximately 74.9% year over year. The strong sales growth suggests continued expansion in China’s used-car retail market and was the primary catalyst for the stock’s advance. Uxin Shares Rise as Q2 Revenue Increases 74.9% and Company Issues Q3 Guidance
- Positive Sentiment: Management provided third-quarter 2026 earnings guidance, giving investors additional visibility into expected operating performance and retail volume. Uxin Limited Provides Earnings Guidance
- Positive Sentiment: Director Bin (William) Li reported acquiring 104.9 million shares at an average price of $0.01, for a stated value of approximately $1.05 million. The transaction could signal insider confidence, although investors should verify whether the shares were acquired in the open market or issued through a corporate or financing transaction. SEC Insider Transaction Filing
- Neutral Sentiment: Reported short interest was zero shares, implying limited measurable short-selling pressure. The data conflicts with the description of a significant increase in short interest, so its reliability is uncertain.
- Negative Sentiment: Uxin reported a quarterly loss of $0.11 per share, with reports indicating that the loss widened despite the revenue increase. Continued losses and the company’s negative earnings profile remain risks to the sustainability of the recent rally. Uxin Q2 Loss Widens; Shares Up
Insider Buying and Selling at Uxin
In related news, Director Bin (William) Li acquired 104,931,794 shares of the firm’s stock in a transaction dated Wednesday, September 23rd. The stock was purchased at an average cost of $0.01 per share, with a total value of $1,049,317.94. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 62.90% of the stock is owned by insiders.
Wall Street Analysts Forecast Growth
Several brokerages have issued reports on UXIN. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Uxin in a report on Wednesday, July 8th. Wall Street Zen downgraded shares of Uxin from a “hold” rating to a “sell” rating in a research report on Saturday, June 20th. One equities research analyst has rated the stock with a Buy rating and one has given a Sell rating to the company. According to MarketBeat.com, Uxin presently has an average rating of “Hold” and a consensus target price of $4.50.
Check Out Our Latest Research Report on Uxin
About Uxin
Uxin Limited (NASDAQ: UXIN) is a China-based used automobile retailer and e-commerce company. The company operates an online platform that connects consumers with used vehicles and supports the purchase and sale of cars through digital tools and related transaction services.
Uxin’s business activities have included vehicle sourcing, inspection and reconditioning, pricing information, online listings, sales assistance, and vehicle delivery. The company has also offered services designed to support used-car transactions, such as financing and other automotive-related solutions, subject to applicable regulations and market conditions.
Founded in 2015, Uxin initially developed as an online used-car marketplace before expanding toward an integrated retail model.
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