It hasn’t been a pretty past one year for Nio (NYSE:NIO), as shares of the Chinese electric vehicle (EV) company have shed nearly 30% over the period. This decline comes in light of EV price wars and a weak Chinese economy.At the same time, Nio’s deliveries are steadily growing. During 2023, the company delivered 160,038 vehicles, up by 30.7% year-over-year (YOY). Sales growth didn’t match the pace of deliveries, tallying in at $7.83 billion and up by 12.9% YOY. One of the reasons why is that vehicle margin ...

There was big news at the start of this year amid Apple (NASDAQ:APPL) canceling its Apple car project, which originally attracted a large amount of speculation and enthusiasm from investors. However, from these ashes, there are now three stocks for a post-Apple car economy for investors to consider.The failure of the Apple car now leaves the company without a clear growth driver. Furthermore, the failed auto push underscores Apple’s struggle to diversify beyond its core products like iPhone, and Mac, Bloomb ...

Chinese electric vehicle (EV) stocks are rising this morning on news that their sector is expanding. Consumer electronics producer Xiaomi (OTCMKTS:XIACY), the nation’s fifth-largest smartphone maker, has announced that it will be launching a new EV on March 28. This comes at a time when a price war is ravaging China’s EV market as automakers slash sticker costs to remain competitive. But this development has provided many Chinese EV producers with a much needed boost. Nio (NYSE:NIO) is enjoying the ride so ...

2024年3月7日 公司研究 业绩符合预期，聚焦渠道效率与第二品牌表现 ——蔚来（NIO.N）2023 四季度业绩点评 要点 增持（维持） 4Q23 业绩基本符合预期：2023 总收入同比+12.9%至 556.2 亿元（vs. 我们预 当 前价/目标价：5.77/6.28美元 期约553.7亿元），毛利率同比-4.9pcts至5.5%，Non-GAAP归母净亏损同比 扩大54%至184.7亿元（vs. 我们预期亏损约177.8亿元）；其中，4Q23总收 作者 入同比+6.5%/环比-10.3%至171.0亿元，毛利率同比+3.6pcts/环比-0.5pcts至 分析师：倪昱婧, CFA 7.5%，Non-GAAP归母净亏损同比收窄2.1%/环比扩大25.3%至49.5亿元。 执业证书编号：S0930515090002 4Q23蔚来汽车业务毛利率改善，融资丰厚现金储备：1）4Q23蔚来交付量同比 021-52523852 niyj@ebscn.com +25.0%/环比-9.7%至5.0万辆，汽车业务收入同比+4.6%/环比-11.3%至154.4 亿元（ASP同比-16.3%/环比-1.8%至30.9万元） ...

2024 年3 月7 日 汽车汽配: 超配 证券研究报告 / 业绩点评报告 蔚来汽车 (NIO US, 持有, 目标价: US$5.20) 2023 年亏损持续扩大，阿尔卑斯品牌将于 4Q24 开启交付 目标价: US$5.20 当前股价: US$5.77 • 受汽车销售毛利下滑及经营费用持续增长影响，蔚来2023 年Non-GAAP 亏损达到 股价上行/下行空间 -10% 184.8 亿元，同比扩大54.2%。 52周最高/最低价 (US$) 16.18/4.78 市值 (US$mn) 9,810 • 管理层预计1Q24 交付3.1-3.3 万辆新车；子品牌阿尔卑斯首款车将于4Q24 开启交 当前发行数量(百万股) 1,700 付，预计难以对今年销量产生明显贡献。 三 (U个 S$月 mn平 ) 均日交易額 433 • 维持“持有”评级，下调目标价至5.20 美元。 流通盘占比 (%) 91 2023 年亏损持续扩大，4Q23 汽车销售毛利率环比略有回升。根据蔚来汽车4Q23 业绩报 主要股东 (%) Baillie Gifford &Co. 7 告，公司实现营业收入171.0 亿元，同比提升6.5%，环比 ...

Although it has plunged more than 36% since the start of the year, Nio (NIO 6.38%) stock is poised to hit the brakes on its downward path and drive back up -- just not as much as he previously thought.While Tim Hsiao, an analyst at Morgan Stanley, had previously thought that Nio stock would touch $13 a share, he cut his price target on Monday, thinking now that the stock is headed to $10. Let's take a look at the basis of Hsiao's outlook on Nio stock and why he could be right.Speed bumps will slow Nio down ...

Investment bank Bernstein has never been a huge fan of Chinese electric car company Nio (NIO 0.52%). Bernstein's latest move on the EV stock, however, looks downright pessimistic.Since initiating coverage of Nio stock back in 2021, Bernstein has commented on Nio's valuation nearly a dozen times, according to data from TipRanks.com. Each time, the banker recommended that investors hold the stock. (Word to the Foolish: On always-optimistic Wall Street, when an analyst tells you a stock is a "hold," you are be ...

The electric vehicle (EV) sector is currently out of favor with investors just now. Slowing sales growth, concerns about battery performance in inclement weather, and weak quarterly results from major players in the industry lately have dampened enthusiasm.For EV stock bulls, this provides opportunities to snap up some of these affected stocks at a discount. For instance, one analyst is convinced that Chinese company Nio (NIO) is quite the irresistible bargain at the moment, so much so that he believes it w ...

Nio (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 and intensifying competition in its home market of China.Yet, Nio's outlook for 2024 wasn't nearly as bad as many expected it to be. That's one reason Deutsche Bank analyst Edison Yu, who follows Nio closely, maintained a buy rating and previous price target o ...

Bearish coverage of Nio (NYSE:NIO) only seems to be increasing. The Chinese electric vehicle (EV) producer is falling out of favor with Wall Street at an alarming pace as shares continue declining. Most recently, analyst Eunice Lee of AB Bernstein reiterated a “hold” rating for NIO stock and lowered her price target from $7.50 to $5.50. Shares are currently trading at $5.64, but if this sentiment continues, they will likely drop even further.It’s true that Nio recently reported weaker-than-expected earnings ...