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 ...

Robert Way Investment Thesis NIO (NYSE:NIO) has surged by more than 25% since our last coverage in July, entering a clear bullish trend and validating our previous technical analysis. The upward momentum is supported by strong technical indicators, such as the RSI moving into a bullish zone and the Volume Price Trend (VPT) showing accumulation, both signaling continued positive movement. NIO's robust Q2 results, driven by significant revenue growth and record vehicle deliveries, further strengthen the compa ...

tang90246/iStock Editorial via Getty Images Chinese “pure play” electric vehicle carmaker NIO Inc. (NYSE:NIO) — a long-touted “Tesla Killer” — announced its second quarter (Q2) earnings for its Fiscal Year (FY) 2024 on the 5th of September. By no means was the stock a massive earner in the Year Till Date (YTD) until then. However, the stock had risen by a massive 47.35% from a month before the earnings release. Since the release and as of the 11th, the stock has held steady. Early trends for the 12th in ...

One analyst sees Nio shares jumping nearly 50% from here.Shares of Chinese electric vehicle (EV) maker Nio (NIO 10.96%) have been flying recently. Nio's American depositary shares were up by 11.1% as of 3:50 p.m. ET today. That brings its five-day surge to a whopping 38%.That move was initiated by Nio's promising second-quarter earnings report last week. And the positive momentum continued today after the company caught an upgrade from one Wall Street analyst and a very bullish label from another.Nio's "ups ...

Shares of China EV company NIO Inc. (NIO) rallied more than 14% on Thursday after the company delivered strong second-quarter 2024 results. The gain continued on Friday, with the stock up another 3.5%. Robust vehicle deliveries, continued improvement in vehicle margins and an upbeat outlook are likely to have fueled investors’ optimism.NIO Puts Up a Stellar Q2 ShowNIO posted better-than-expected top and bottom-line numbers. Also, the loss per ADR narrowed to 34 cents from 51 cents incurred in the year-ago q ...

NIO Inc. NYSE: NIO is a Chinese electric vehicle (EV) manufacturer that sells sleek cutting edge EVs mainly in China. Shares have been battered as the company continues to post losses without a clear-cut path to profitability. However, there are signs of a potential turnaround as vehicle margins are starting to improve. While the core emphasis of NIO is focused on its EV models and delivery numbers, NIO is simultaneously growing in another niche of the EV infrastructure buildout, battery swapping stations, ...

SHENZHEN, CHINA - 2024/07/24: Customers leave the Chinese multinational automobile manufacturer, NIO ... [+] store and logo in Shenzhen, China. (Photo by Serene Lee/SOPA Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty ImagesChinese luxury electric vehicle maker Nio stock published a narrower-than-expected loss for Q2. While sales almost doubled year-over-year to about $2.4 billion, net losses narrowed to $0.30 from $0.45 a year ago, led by strong delivery growth. Nio stock gained close ...

Jacobs Stock Photography Ltd/DigitalVision via Getty Images Last week, Chinese electric vehicle maker NIO (NYSE:NIO) reported its second quarter results. While the company missed Q2 revenue estimates, it did make some progress on the gross margin front, and guidance for the current quarter was decent. Things are starting to finally look up for the company after a couple of tough years, which has me raising my rating on the stock, but I'm not quite ready to fully buy in just yet. Previous coverage on the ...

The Chinese EV maker looks undervalued relative to its growth potential.Nio's (NIO 3.50%) stock surged 14% on Sept. 5 after the Chinese electric vehicle (EV) maker posted its second-quarter report. Its revenue rose 99% year over year to 17.45 billion yuan ($2.4 billion) but missed analysts' estimates by $40 million. It narrowed its adjusted net loss per American depositary share (ADS) from 3.28 yuan to 2.21 yuan ($0.30), which matched the consensus forecast.Nio didn't hit a home run, but its soaring deliver ...