Key PointsNio stock could be next in line for mega investors to start looking into as a potential value play.Analysts are already behind it, pointing to a higher valuation ahead, and it makes all the sense in the world.Here is what to watch out for this week as earnings are announced.5 stocks we like better than BYDToday's market avoids Chinese stocks because the nation is "uninvestable." However, those who know where to look and what to look for may find some unbelievable value plays scattered across Asia' ...

NIO Inc. (NIO) closed at $5.78 in the latest trading session, marking a +0.52% move from the prior day. The stock's performance was behind the S&P 500's daily gain of 0.8%. Elsewhere, the Dow gained 0.23%, while the tech-heavy Nasdaq added 1.14%.Prior to today's trading, shares of the company had gained 0.7% over the past month. This has lagged the Auto-Tires-Trucks sector's gain of 11.46% and the S&P 500's gain of 5.2% in that time.Market participants will be closely following the financial results of NIO ...

While Chinese electric vehicle manufacturer Nio (NYSE:NIO) has long been in the spotlight, its upcoming financial disclosure — scheduled for March 5 — presents an unusually intense backdrop. After a string of poor performances by its EV peers, the fourth-quarter 2023 earnings report will provide a broader view of the sector. NIO stock moved up more than 1.5% on Friday afternoon.To provide background, Nio reported delivery numbers for February, which came out to 8,132 vehicles. This tally brings its year-to- ...

NIO Inc. (NIO) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Shares of this company have returned +0.7% over the past month versus the Zacks S&P 500 composite's +5.2% change. The Zacks Automotive - Foreign industry, to which NIO Inc. belongs, has gained 20.7% over this period. Now the key question is: Where could the stock be headed in the near term?Although media reports or rumors a ...

NIO Inc. (NIO) is slated to release fourth-quarter 2023 results on Mar 5, before market open. The Zacks Consensus Estimate for the to-be-reported quarter’s loss per share and revenues is pegged at 51 cents and $2.29 billion, respectively.The consensus estimate for NIO’s loss per share has widened by a penny in the past 60 days. Its bottom line has remained unchanged from the year-ago reported number. Revenues indicate a year-over-year decline of 1.86%.In the last reported quarter, the company incurred a los ...

NIO delivered 8,132 vehicles in February 2024NIO delivered 18,187 vehicles year-to-date in 2024Cumulative deliveries of NIO vehicles reached 467,781 as of February 29, 2024 SHANGHAI, China, March 01, 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 its February 2024 delivery results. NIO delivered 8,132 vehicles in February 2024. The deliveries consisted of 4,765 premiu ...

My stance on Chinese EV maker Nio (NYSE:NIO) stock has changed, and I now see more relative upside for the company’s competitors, looking at this space more broadly. However, there are reasons investors may consider this stock an excellent long-term play in this market. I was once bullish on Nio, and I can understand the bull argument behind this stock. In fact, I think many of the bullish arguments supporting holding this stock at current levels still make sense, for investors looking to hold for the very ...

While the overall stock market – and the artificial intelligence (AI)-driven technology sector in particular – has been doing very well, with the S&P 500 index reaching new all-time highs in 2024. This overall trend, however, has not been followed by the once-popular electric vehicle (EV) industry, which has been suffering for more than a year from low demand, rising competition, and continuously declining valuations in the market.On the other side of the Pacific, however, February brought a change in trend ...

Nio (NYSE:NIO) licensed its technology to a unit of Abu Dhabi’s CYVN state investment vehicle. The deal with CYVN’s Forseven unit comes just months after the Gulf country’s $2.2 billion investment in the Chinese electric vehicle (EV) maker.Nio said it will get a fixed upfront license fee plus royalties based on future sales of licensed products by Forseven.The agreement sent Nio up 2.4% in overnight trading. It is expected to open today at $5.53 per share, a market capitalization of almost $12.5 billion.Sel ...

SHANGHAI, China, Feb. 26, 2024 (GLOBE NEWSWIRE) -- NIO Inc. (NYSE:NIO, HKEX: 9866, SGX: NIO))), a pioneer and a leading company in the premium smart electric vehicle market, today announced that its subsidiary, NIO Technology (Anhui) Co., Ltd. (the "Company"), has entered into a technology license agreement (the "Technology License Agreement") with Forseven Limited ("Forseven"), a subsidiary of CYVN Holdings L.L.C. Pursuant to the Technology License Agreement, the Company will grant a non-exclusive and non- ...