周三盘前，小牛电动（NIU）股价大涨6.48%，引发市场广泛关注。这一显著涨幅主要源于公司发布的2025年第一季度销售业绩超出市场预期。
根据小牛电动公布的数据，2025年第一季度全球整车总销量达203,313台，较去年同期大幅增长57%，延续了强劲的增长势头。其中，中国市场表现尤为亮眼，整车销量达183,065台，同比增长66%，成为推动整体增长的主要动力。国际市场销量为20,248台，也保持了稳健的发展态势。
值得注意的是，小牛电动对未来发展前景持乐观态度，预计2025年第一季度营业收入将增长25%至40%，全年成交量有望达到130万至160万台，同比增加40%至70%。此外，国信证券此前给予小牛电动"优于大市"评级，看好其在高端电动两轮车领域的竞争力及积极的产品、渠道策略调整。这些积极因素共同推动了投资者对小牛电动未来发展前景的信心，从而带动股价在盘前交易中大幅上涨。
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