NIO delivered 10,055 vehicles in January 2024, increasing by 18.2% year-over-yearCumulative deliveries of NIO vehicles reached 459,649 as of January 31, 2024 SHANGHAI, China, Feb. 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 January 2024 delivery results. NIO delivered 10,055 vehicles in January 2024, increasing by 18.2% year-over-year. The deliveries consis ...

NIO Inc. (NIO) has been beaten down lately with too much selling pressure. While the stock has lost 31.2% over the past four weeks, there is light at the end of the tunnel as it is now in oversold territory and Wall Street analysts expect the company to report better earnings than they predicted earlier.How to Determine if a Stock is OversoldWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock is oversold. This is a momentum oscillator that m ...

Nio (NASDAQ:NIO) has had a very bumpy road over the past five years. The company launched its IPO in 2018 at $6.28 and peaked out at $62.84 in 2021. That incredible move led to NIO stock reaching an enterprise value of $91.4 billion, which was about 16 times its 2021 sales at the time.Fast forward a year later, and NIO stock has faced significant headwinds. The stock now trades around $6 per share after Nio reported a net loss of $624.6 million in the previous quarter. This clearly shocked investors, as the ...

Robert Way/iStock Editorial via Getty Images NIO Inc. (NYSE:NIO) has been squeezed by negativity surrounding both the Chinese economy and electric vehicles ("EVs") market. The stock has slumped to only $6 despite record production in the 2H'23 and signs of further ramps in 2024 with move into sub-brands. My investment thesis is again ultra Bullish on the stock after the dip back down to the lows. Source: Finviz Upwards NIO ended 2023 on a high note with December vehicle deliveries at 18,012. The Chinese EV ...

I read two articles recently about Nio (NYSE:NIO) stock that made me wonder if it’s a buy now, at its lowest point since June 2020. The first headline was, Could Nio stock rise 1,000% in 10 years? The second asked, Will Nio Be a Trillion-Dollar Stock by 2050? That’s pretty heady stuff. I definitely wouldn’t want to miss out on such massive profits. Based on its current share price of $6.07, were the first headline to come true, that would be a 25.9% compound annual growth rate. If I invested $1,000, that wo ...

Baillie Gifford is a Scottish asset management firm founded in 1908. Today, the firm manages $126 billion in 13F assets under management with a focus on investing in growth stocks for the long term. Baillie has an average 13F holding period of 20.02 quarters, or about five years. The average holding period for its top 10 stocks is 16.8 quarters, or 4.2 years.Baillie’s 13F portfolio consists of 288 holdings, although its top 10 holdings account for 40.55% of its portfolio, demonstrating a concentrated strate ...

Fool.com contributor Parkev Tatevosian conducts a financial analysis on Nio (NIO 1.66%) stock and makes a prediction of where it could be in two years. *Stock prices used were the afternoon prices of Jan. 24, 2024. The video was published on Jan. 26, 2024. ...

Baillie Gifford is best known for its high-conviction plays on growth stocks. Yesterday, the Scottish asset management firm filed an amended Schedule 13G to document its stake in Nio (NYSE:NIO).The filing revealed that Baillie owned 114.63 million shares of NIO stock as of Dec. 31, which is equivalent to a 5.97% ownership stake. Baillie owned 114.90 million shares as of the end of the third quarter, meaning that it sold off 268,515 shares, or 0.23% of its position. Following the sale, Nio clocks in as Baill ...

In the latest trading session, NIO Inc. (NIO) closed at $6.04, marking a -0.49% move from the previous day. This move lagged the S&P 500's daily gain of 0.53%. Elsewhere, the Dow gained 0.64%, while the tech-heavy Nasdaq added 0.19%.The company's stock has dropped by 33.3% in the past month, falling short of the Auto-Tires-Trucks sector's loss of 7.52% and the S&P 500's gain of 2.48%.Market participants will be closely following the financial results of NIO Inc. in its upcoming release. It is anticipated th ...

Following an impressive period of growth for electrification-related stocks in the transportation sector, a pause prompted by surging inflation and increasing borrowing costs presents a potentially opportune moment to consider purchasing EV stocks. While electric vehicles remain a prospective future, the sector faced setbacks due to challenging economic conditions. For Chinese EV producers such as Nio (NASDAQ:NIO), these headwinds have been exacerbated by geopolitical tensions and other China-related concer ...