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5 Investors Betting Big on Nio (NIO) Stock in Q1
investorplace.com· 2024-05-23 00:17
Despite the iShares MSCI China ETF (NASDAQ:MCHI) up by about 16% year-to-date, beating both the S&P 500 and Nasdaq 100, Nio (NYSE:NIO) stock is down by nearly 40% this year.However, a major catalyst is on the way, as Nio has confirmed that it will report its first-quarter earnings on June 6 before the market opens. Last month, the electric vehicle (EV) company delivered 15,620 vehicles, up by 134.6% year-over-year (YOY). That brought year-to-date deliveries to 45,673 vehicles, up by 21.2% YOY.For the quarte ...
Dear NIO Stock Fans, Mark Your Calendars for June 6
investorplace.com· 2024-05-22 21:19
Chinese electric vehicle (EV) maker Nio (NYSE:NIO) said it will report unaudited March quarter results on June 6. NIO stock is up about 1% in pre-market trading.CEO William Li said the company will maintain a “premium aura” even after launching its Onvo mass-market cars later this year. Like other Chinese brands, Nio has been buffeted by a price war and hopes to sell cars at $25,000 next year.Nio was due to open in New York this morning at $5.30 per share, a market capitalization of $11 billion. NIO stock i ...
NIO Stock Price Targets: $10 From Morgan Stanley or $5.40 From JPMorgan?
investorplace.com· 2024-05-22 18:05
Wall Street can’t seem to get its act straight when it comes to Nio (NYSE:NIO) stock. As my colleague Eddie Pan recently noted, during the first quarter Morgan Stanley (NYSE:MS) was the biggest buyer of the Chinese electric vehicle manufacturer’s stock. The investment house scooped up 10.1 million shares of NIO, increasing its stake in the company by more than half to 28.2 million shares. It has a buy rating on Nio stock and a $10 per share one-year price target, a nearly 100% implied gain from the EV maker ...
NIO Inc. to Report Unaudited First Quarter 2024 Financial Results on Thursday, June 6, 2024
Newsfilter· 2024-05-22 17:30
文章核心观点 - NIO Inc.是一家先驱和领先的高端智能电动汽车公司[1] - 公司将于2024年6月6日发布2024年第一季度未经审计的财务业绩[1] - 公司将于2024年6月6日召开财报电话会议[2] - 公司提供了电话会议的拨号信息和重播信息[4][5] - 公司介绍了自身的使命和业务,包括设计、开发、制造和销售高端智能电动汽车,以及在辅助和智能驾驶、数字技术、电力系统和电池等方面的创新[5] - 公司还推出了第二个智能电动汽车品牌ONVO,致力于为家庭用户创造更好的生活方式和品牌体验[5] 公司概况 - NIO Inc.是一家先驱和领先的高端智能电动汽车公司,成立于2014年11月[5] - 公司的使命是塑造一种充满欢乐的生活方式,旨在建立一个以智能电动汽车为起点的社区,与用户分享欢乐,共同成长[5] - 公司在辅助和智能驾驶、数字技术、电力系统和电池等方面持续进行技术突破和创新,如行业领先的电池换电技术、电池即服务(BaaS)以及专有的NIO辅助和智能驾驶和订阅服务[5] - 公司在2024年5月推出了第二个智能电动汽车品牌ONVO,致力于为家庭用户创造更好的生活方式和品牌体验[5] 财务信息 - 公司将于2024年6月6日发布2024年第一季度未经审计的财务业绩[1] - 公司将于2024年6月6日召开财报电话会议[2] - 公司提供了电话会议的拨号信息和重播信息[4][5]
NIO Inc. to Report Unaudited First Quarter 2024 Financial Results on Thursday, June 6, 2024
globenewswire.com· 2024-05-22 17:30
SHANGHAI, China, May 22, 2024 (GLOBE NEWSWIRE) -- NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (“NIO” or the “Company”), a pioneer and a leading company in the premium smart electric vehicle market, today announced that it will report its unaudited financial results for the first quarter 2024 on Thursday, June 6, 2024, before the open of the U.S. markets. The Company’s management will host an earnings conference call at 8:00 AM U.S. Eastern Time on June 6, 2024 (8:00 PM Beijing/Hong Kong/Singapore Time on Jun ...
NIO: Expanding The Brand
seekingalpha.com· 2024-05-22 08:00
Andy Feng The Chinese electric vehicle ("EV") space remains highly competitive, but NIO Inc. (NYSE:NIO) continues pushing forward with innovative technologies. It has just launched a lower-priced brand to enter the higher volume space, but the stock has fallen to only $5 with the market losing interest in the EV sector. My investment thesis remains ultra-bullish on the large opportunity ahead for the Chinese EV company, with a high-volume brand utilizing advanced technology from the NIO brand. Source: Finvi ...
Here's Why NIO Inc. (NIO) Fell More Than Broader Market
zacks.com· 2024-05-17 06:45
NIO Inc. (NIO) ended the recent trading session at $5.26, demonstrating a -1.31% swing from the preceding day's closing price. This change lagged the S&P 500's daily loss of 0.21%. Elsewhere, the Dow lost 0.1%, while the tech-heavy Nasdaq lost 0.26%.The the stock of company has risen by 36.32% in the past month, leading the Auto-Tires-Trucks sector's loss of 0.02% and the S&P 500's gain of 5.04%.Market participants will be closely following the financial results of NIO Inc. in its upcoming release. The comp ...
NIO Stock Alert: Nio Unveils Its First EV From Low-Cost Brand
investorplace.com· 2024-05-17 00:06
Nio (NYSE:NIO) stock is down 1.2% this morning after the Chinese electric vehicle (EV) maker launched the first vehicle in its new, low-cost Onvo brand on Wednesday. Indeed, Nio unveiled the Onvo L60 SUV, intended to rival Tesla’s (NASDAQ:TSLA) best-selling Model Y SUV and Toyota’s (NASDAQ:TM) RAV4.The Onvo L60 will start at $30,476 (219,900 yuan), about 12% less than the Model Y. It is also more spacious and uses 10% fewer materials than Tesla’s offering. Nio will begin delivering the L60 in September.“RAV ...
Wall Street predicts Nio stock price for next 12 months
finbold.com· 2024-05-16 20:53
In what might finally be a break that Nio (NYSE: NIO) so desperately needed along with the broader EV industry, the sentiment shifts as we delve deeper into Q2. A historically better yearly period for automakers begins.In a trend that has become spread across the EV maker industry, NIO stock has seen its value decline gradually since the beginning of 2024 by 37%, only for the sentiment to shift in the last month, with NIO shares gaining almost 40% value, causing Wall Street to rethink their price targets ag ...
Buy, Sell or Hold? Evaluating NIO Stock's Prospects After Mass-Market SUV Launch.
investorplace.com· 2024-05-16 18:20
On May 13, Chinese EV company Nio (NYSE:NIO) stock popped as the company announced the launch of its lower-priced brand, Onvo, on May 15. The first model, the L60, a “family-centric” crossover priced at around $34,600, will compete with Tesla’s (NASDAQ:TSLA) Model Y.Nio sells upscale EV models in Europe, but it’s still being determined if the L60 or other Onvo models will be available outside China. The company will announce its Q1 2024 earnings before May end or June starts.500,000 Production Milestone and ...