My Hold rating on Nio stems from the company’s consistent quarterly losses, driven by intense competition in the EV sector.
Moreover, Nio reported improving margins of 12% per vehicle, with plans to reach 15% by the end of the year. The company has indicated that higher production volumes will enable better economies of ...
NIO Inc. (NYSE:NIO) shares are trading higher on Thursday. Nio’s Onvo currently has 180 store managers in China, with 40% ...
Notably, NIO stock has performed worse than the broader market in each of the last 3 years Returns for the stock were -35% in 2021, -69% in 2022, and -7% in 2023. In contrast, the Trefis High Quality ...
It competes directly with the Tesla (NASDAQ: TSLA) Model Y, undercutting the vehicle's price by over $4,000. NIO has seen substantial growth in its sales through the first part of this decade.
Nio's (NYSE: NIO) 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 ...
Nio (NIO) stock investors caught a windfall not long ago, but was it just a fluke? I’d say there’s still room for more gains in the final four months of 2024. I am bullish on NIO stock because ...
NIO is down more than 51% in the last 52 weeks ... and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. With headquarters in the heart of Chicago's financial district ...
Valuation data supports the notion that China-related concerns weigh on the stock. BYD certainly isn’t expensive when we ...
Fool.com contributor Parkev Tatevosian elaborates on what the latest developments could mean for Nio (NYSE: NIO) stock investors. *Stock prices used were the afternoon prices of Sept. 4, 2024. The ...
In trading on Monday, shares of NIO Inc (Symbol: NIO) crossed above their 200 day moving average of $5.45, changing hands as high as $5.61 per share. NIO Inc shares are currently trading up about ...
In essence, they’ve done what Musk and Tesla have only dreamed about but have been unable to deliver. China has the advantage of having a massive EV ecosystem- that spans from motors and drivetrains ...