[UpcomingLive] Will NIO's Q3 ER Bring Good News?
![[UpcomingLive] Will NIO's Q3 ER Bring Good News?](https://sgsnsimg.moomoo.com/1605619697215-77777000-android-org.png/bigmoo)
Happy Tuesday Morning every mooers! Wish you have a wonderful start this week![]()
One of the most popular stocks among the moo community - $NIO Inc (NIO.US)$ is going to release its third-quarter 2020 earnings on Today, at 7:00 p.m. EST. Our @moo_Live will sync the Nio earnings call to the moo community for $NIO Inc (NIO.US)$ stockholders and fans to get the first-hand info, follow moo_Live and stay tuned!
$NIO Inc (NIO.US)$ is undoubtedly the No. 1 dark horse in the US stock market this year, but it was suddenly shorted by Citron on last Friday, and its stock price soared and fell, with a daily volume of US$27.4 billion, making it the largest US stock market turnover on the day.
Mooers Comment:
@John Parada And here comes Citron to ruin the party lol
@Paul Bates Cirtron is bad and foolish at trying to hurt EV Nio. Will just help bullish after making the trouble.
@John Parada And here comes Citron to ruin the party lol
@Paul Bates Cirtron is bad and foolish at trying to hurt EV Nio. Will just help bullish after making the trouble.
In the third quarter, Nio's delivery performance was very strong, with a total of 12,206 vehicles delivered, an increase of 154% year-on-year. This is the second consecutive quarter of more than 10,000 deliveries, and it also exceeded the management's previous guidance of 9,500-10,000.
Due to the new high delivery volume, Nio is expected to bring an excellent financial report this time. The only question is whether the gross margin index can exceed expectations, and what the Q4 expansion and delivery guidelines would be. $XPeng (XPEV.US)$ and $Li Auto (LI.US)$ , which announced their financial reports last week, have achieved better-than-expected results, and the entire industry is currently on the rise.
According to Bloomberg's long-term expectation, Nio's third-quarter revenue was approximately 4.38 billion yuan, an increase of 138.6% year-on-year; the net loss was 1.3 billion yuan, a sharp decrease of 49% year-on-year, almost flat quarter-to-quarter.
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KLaue : Can we expect the dip today or in the days after? I know that with such a quick rally (could be 10-25% increase in 48 hours), people will sell off their quick profits and usually a dump happens after.
PREMOSULTRAA : Nio has a long way to go if to catch up tesla
FiveHundredCents : Im holding this stock![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
Allen : I dont think Nio will do better than TSLA in EV sector
ROSE_31 : Everything is unpredictable. Hope $Tesla (TSLA.US)$ would hit $300
Kenkkk : It is hard to say.... Tesla is the biggest right now, but NIO is a dark horse. Let’s guess if NIO car price is much more cheaper than Tesla in the future, and when customer want to choose a affordable car. It might come out that NIO beat Tesla one day. So, wait and see.
Curtis Thomas : exactly y nio will win with the battery swap out. tesla can't build a car under 40 grand which leaves it in luxury car market. the battery is most expensive part of car .boom nio wins ...tesla way more thsn just ev tho
treydongui : I think they're both good plays but Tesla is on another level right now
treydongui : but I do see if you get points to the contrary. just my opinion of course
treydongui : I do see a few good points to the contrary. my opinion of course
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