NIO(NIO)

Search documents
Nio Stock Is Down 6% Today. What's Going On?
Investor Place· 2024-07-17 19:20
A range of U.S.-listed Chinese stocks are seeing significant downside today, including electric vehicle (EV) maker Nio (NYSE:NIO). Indeed, Nio is garnering plenty of attention as one of the top decliners in today’s market, with NIO stock sinking about 6% this afternoon.This move appears to be a direct result of messaging from President Joe Biden’s administration around increased tariffs that could be coming for China-made products, with the EV sector of increasing importance in particular. Given increased b ...
Why Nio Stock Plunged 54% in the First Half of 2024, but Could Recover
The Motley Fool· 2024-07-17 17:55
Falling deliveries and lower margins hit the electric vehicle maker, but the worst could be behind it.While most electric vehicle (EV) stocks had a rough start to 2024, Nio (NIO -5.92%) is among the worst-performing EV stocks of the year so far. Shares of the Chinese EV maker plunged 54.1% in the first half of 2024, according to data provided by S&P Global Market Intelligence.Things haven't been easy for Nio, but the company is focused on its growth plans, and its deliveries are finally improving. So, could ...
Growth vs. GARP: Value Investors Should Buy Nio Stock Now
Investor Place· 2024-07-17 10:44
Given Nio’s (NASDAQ:NIO) strong, recent growth, the low valuation of NIO stock and the high potential for its upcoming electric vehicles, I view its shares as a buy for value and growth-at-a-reasonable price (GARP) investors alike. Also likely to help the China-based automaker going forward are cost reductions spurred by its increasing utilization of robotics and Wall Street’s renewed respect for EVs.Strong Growth and a Bargain ValuationLast month, Nio’s deliveries soared 98% versus the same period a year e ...
NIO stock price target for 2025
Finbold· 2024-07-13 17:20
Core Insights - Nio Inc. has shown resilience in the electric vehicle market, achieving significant delivery growth despite facing challenges [1] - The company reported a record delivery of 21,209 vehicles in June, marking a 98.1% year-over-year increase, with cumulative deliveries reaching 537,020 as of June 30 [1] - Nio's vehicle margins have decreased from 20.2% in 2021 to 9.5% in 2023, highlighting ongoing profitability challenges [1] Delivery Growth and Financial Projections - Nio's delivery growth has slowed from triple-digit increases in previous years to 31% in 2023, reflecting broader market challenges [2] - Revenue is projected to rise by 23% to 68.6 billion yuan ($9.4 billion) in 2023, driven by high-end vehicles and expanded battery-swapping [2] - Net losses are expected to narrow from 21.1 billion yuan to 17.5 billion yuan ($2.4 billion) due to network expansion efforts [2] European Market Expansion and Tariff Challenges - Nio has expanded its presence in Europe, introducing six vehicle models and establishing battery-swap stations [3] - New tariffs on Chinese EVs in Europe, ranging from 17.4% to 37.6%, pose a challenge to Nio's pricing strategy and profitability [3] - The company plans to maintain current prices in Europe but may need to adjust them in response to tariffs [3] Stock Price Projections - Analysts project a stock price target of approximately $8 for Nio by 2025, assuming moderate recovery and growth [4] - The average price target from 12 Wall Street analysts for the next 12 months is $6.19, with a high of $10.00 and a low of $4.00 [4] - The projected price target reflects a cautious outlook based on current performance and market conditions, indicating potential value for investors [4]
NIO Inc. (NIO) Increases Despite Market Slip: Here's What You Need to Know
ZACKS· 2024-07-11 22:51
The most recent trading session ended with NIO Inc. (NIO) standing at $4.68, reflecting a +1.3% shift from the previouse trading day's closing. This move outpaced the S&P 500's daily loss of 0.88%. Elsewhere, the Dow saw an upswing of 0.08%, while the tech-heavy Nasdaq depreciated by 1.95%.Shares of the company have appreciated by 3.82% over the course of the past month, underperforming the Auto-Tires-Trucks sector's gain of 18.38% and the S&P 500's gain of 5.11%.The investment community will be paying clos ...
Great News for Nio Stock Investors
The Motley Fool· 2024-07-10 15:05
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...
Chinese EV Stocks NIO, LI, XPEV on Alert as EU Tariffs Launch
Investor Place· 2024-07-08 17:19
The European Union (EU) is moving forward with its tariffs on Chinese electric vehicles (EVs). Indeed, as of Friday, July 5, the EU has imposed a tariff of up to 37.6% on EVs imported from China.As Reuters reports, this new policy also includes a “four-month window during which the tariffs are provisional with intensive talks expected between the two sides.” Still, news of this development has sent Chinese EV stocks into the red this morning as the sector prepares for geopolitical tensions. For investors, t ...
NIO Stock Alert: Nio Announces a CFO Shake-Up
Investor Place· 2024-07-08 13:55
Nio (NYSE:NIO), a Chinese electric vehicle (EV) maker, said CFO Steven Wei Feng resigned over the weekend for personal reasons. He will be replaced by Stanley Yu Qu. Qu is a former executive with Lear Corporation (NYSE:LEA) and Johnson Controls (NYSE:JCI). He also worked at PriceWaterhouseCoopers (PWC) for a decade. He has been with Nio since 2016.NIO stock fell on the news, but only by 2.5%. It opened this morning at $4.54 per share, its market capitalization down to $9.4 billion.Shuffling Deck ChairsNIO s ...
NIO: Growth At All Costs May Not Last
Seeking Alpha· 2024-07-02 04:38
travelview/iStock Editorial via Getty Images Introduction I remain bearish about NIO (NYSE:NIO) and want to reiterate my 'Strong Sell' rating for the stock. The stock declined by 2.4% since my previous thesis. My previous thesis could have looked even better, but the stock gained more than 6% yesterday after positive Q2 deliveries data. NIO's latest deliveries report is really impressive with sales more than doubling in Q2. On the other hand, this growth might be unsustainable because it looks like a 'g ...
Chinese EV companies Zeekr and Nio report record deliveries in June
CNBC· 2024-07-02 00:41
Geely's SEA architecture for cars allows vehicles of different sizes to be manufactured at the same factory.When including hybrid vehicles, Li Auto remained by far the leader. It delivered 47,774 cars in June, for a first-half total of 188,981 vehicles. Most of the company's cars come with a fuel tank to extend the battery's driving range.Xpeng remained a laggard, delivering 52,028 cars in total in the first six months of the year, including 10,668 vehicles in June.That's slightly more than Nio 's 87,426 de ...