Nio investors hope to see a fifth straight month of over 20,000 EVs delivered.Nio (NIO 12.20%) shares have been soaring this week. China has a plan for accelerating growth, and the electric vehicle (EV) maker could be one big beneficiary. But even prior to China's economic stimulus making an impact, there are signs that Nio's business is getting in better shape.Investors recognized that this week and pushed Nio shares up by about 24% as of late morning Friday, according to data provided by S&P Global Market ...

Now you can get access to the latest and highest-quality analysis of recent Wall Street buying and selling ideas with just one subscription to Beyond the Wall Investing ! There is a free trial and a special discount of 10% for you. Join us today!I've been covering NIO Inc. (NYSE: NIO ) stock for quite a long time here on Seeking Alpha. Since November 2022, I've been bearish, but then I changed my stance to "Neutral" at the beginning ofDaniel Sereda is chief investment analyst at a family office whose invest ...

After struggling to revive its economy, China has decided to cut rates and prepare a stimulus package -- good news for Nio.The future of the automotive industry is almost certainly electric vehicles (EVs), even if growth has been slower than once anticipated. An even more intriguing investment opportunity is found overseas with Chinese EV makers as they are heavily subsidized by the government, boast leading technology, and produce vehicles that are well-received.In July, for the first time, sales of electr ...

So far this year, the Nasdaq soared more than 18%, whereas one of its listed stocks, electric vehicle (EV) manufacturer NIO Inc. (NIO) gave investors little to celebrate, down 34.5%, and indicated apprehensions about the slowdown in China's economy. Image Source: Zacks Investment Research However, the NIO stock is poised to accelerate with China's new stimulus, encouraging quarterly results and promising outlooks. Is it the right time to buy, or are there other factors to weigh? Let's find out. NIO Stock So ...

NIO Inc. (NYSE: NIO ) profited from new delivery momentum in the second quarter that also catalyzed a new upswing in the stock. NIO shipped 57,373 electric vehicles in the second quarter, up 91% QoQ and up 144% YoY, amid a rebound in deliveries fromA financial researcher and avid investor with a keen eye for innovation and disruption, as well as growth buy-outs and value stocks. Keeping an eye on the pace of high tech and early growth companies, I write about current events and the biggest news surrounding ...

Investment Rating - The report maintains a "Buy" rating for the company [2]. Core Views - The company has significantly improved its sales volume and gross margin in Q2 2024, delivering 57,373 vehicles, a year-on-year increase of 143.9% [4]. - The company expects to deliver between 61,000 and 63,000 vehicles in Q3 2024, representing a year-on-year growth of 10.0% to 13.7% [4]. - The launch of the new brand and model, L60, is anticipated to contribute positively to sales, with a competitive pricing strategy [5]. - The company is expanding its sales and service network, aiming for full coverage of battery swap stations across county-level administrative regions by the end of 2025 [4]. Summary by Sections Market Data - As of September 20, 2024, the closing price is $5.28, with a total share capital of 2,074 million shares and net assets of 16,075 million RMB [3]. Sales and Financial Performance - In Q2 2024, the company achieved automotive sales revenue of 156.8 billion RMB, a year-on-year increase of 118.2% [4]. - The gross margin for automotive sales in Q2 2024 was 12.2%, up by 6.0 percentage points year-on-year [4]. - The net loss attributable to ordinary shareholders was 51.3 billion RMB, a decrease of 16.3% year-on-year [4]. Future Outlook - The company projects sales revenues of 696.52 billion RMB, 1,016.25 billion RMB, and 1,377.31 billion RMB for the years 2024, 2025, and 2026, respectively [5]. - The company plans to enhance its service network with over 1,000 battery swap stations and more than 200 stores across 120 cities by the end of 2024 [5].

Shares of Rivian and Nio have plunged this year, but both EV makers have big things coming up that could send their stocks soaring.If you have money to invest but believe there aren't any bargains right now since stock market indices are hitting all-time highs, wait until you hear about the stocks that have missed the rally and seem prime to rebound. Two perfect examples are Rivian Automotive (RIVN -10.95%) and Nio (NIO -2.22%) -- both stocks are down 45% so far in 2024.Although global demand for electric v ...

Building out EV infrastructure will support its new mass market brand.It might be hard for investors to get excited about a company that has lost nearly $1.5 billion from its operations in the first half of this year. In fact, Chinese electric vehicle (EV) maker Nio (NIO -2.22%) has never made a profit.That helps explain why the stock has lost more than 80% of its value over the past three years. But there was also some meaningful and positive news in Nio's second-quarter report. That business momentum has ...

Much like the vast majority of its peers in 2024, the Chinese electric vehicle (EV) maker Nio (NYSE: NIO) has been experiencing significant pressure since the start of the year. The issues, primarily triggered by slower-than-expected demand, have ensured that Nio is, by press time, approximately 40% in the red in the year-to-date (YTD) chart.After a 7% decline on Wednesday appeared to have jeopardized the 30-day gains, NIO shares surged 5.78% on Thursday morning from their latest closing price of $5.02 to t ...

Nio's sales are rising, it posted a strong second quarter, and two new brands could shift the company into a higher gear.If you've been along for the Nio (NIO -7.21%) investment ride since the beginning, it hasn't been for the faint of heart. There have been wild ups and downs, bankruptcy rumors, and capital raises. Despite all the twists and turns, it was easy to buy into the early hype, especially considering China's electric vehicle (EV) market is years ahead of the United States' and Nio's luxury vehicl ...