NIO News and Press, NIO Inc. American depositary shares each representing one Class A From 03/07/24

2024-03-07 16:54:00 ET Nio (NYSE: NIO) stock plunged to a 52-week low of $4.78 during trading on Tuesday after announcing its fourth-quarter and 2023 numbers early in the morning. The electric vehicle (EV) maker has struggled to grow sales and margins amid a slow global EV market an...

2024-03-07 11:00:02 ET Eunice Lee from Bernstein issued a price target of $5.50 for NIO on 2024-03-07 11:17:00. The adjusted price target was set to $5.50. At the time of the announcement, NIO was trading at $5.6. The overall price target consensus is at $35.15 with high...

2024-03-07 07:55:43 ET Summary Today, I'd like to take a fresh look at NIO's growth prospects in the current "China oversold" reality. Maybe NIO has just bottomed out? Read on. NIO reported for Q4 FY2023, beating the quarterly consensus estimates regarding sales (surprise of 1.54%...

2024-03-07 06:24:00 ET Summary NIO reported mixed Q4 results and submitted light outlook for Q1'24 deliveries. The EV maker reported better-than-expected Q4 revenues, but EV demand is slowing which may, together with concerns over near-term profitability, weigh on the company's va...

2024-03-06 23:01:10 ET Summary NIO Inc. reported mixed annual earnings results, with increased vehicle sales but decreased profitability. The company's financial fundamentals are weak, with a low current ratio and high debt/equity ratio. NIO's stock is not undervalued and face...

2024-03-06 15:30:31 ET Summary While the latest NIO Inc. earnings release missed analysts' expectations, it is unlikely to significantly affect trends in its current stock valuations. NIO's strong R&D and persistent production upgrades leave little room for sustained net incom...

2024-03-06 11:52:43 ET Summary Global electric car sales Jan. 2024 up 63%YoY to 16% share. China sales up 95% to 32% share. Europe up 26% to 20% share. USA up 19% to 9.8% share. EV market news - Adamas Intelligence: What electric car slowdown? Global EV industry is breaking record...

President Joe Biden has ordered a probe into the potential national security risks posed by “connected vehicles” made in China. In a move that marks the latest escalation in a trade war between the two nations, Biden’s administration is tasking the U.S. Commerce Department ...

2024-03-06 09:37:37 ET Summary BYD Company Limited is and will remain the dominant electric vehicle player in 2024. That's not my focus. Another battle is between Tesla, Inc. and other EV producers. Overall January sales were down, as were Tesla's (-47%) and BYD's (-31%). In contr...

2024-03-06 08:26:14 ET Summary NIO announced disappointing Q4 results and gave very weak guidance for the current period. The company's aggressive growth plan has not materialized due to economic weakness and price competition in China. NIO's new sub-brand, Alps, aims to targe...