NIO Q4 2021 preview: Where next for NIO stock?
$NIO Inc (NIO.US)$ has continued to ramp-up deliveries despite supply chain bottlenecks and has said it won’t raise prices in the short-term despite rising costs.
When will NIO report Q4 2021 earnings?
$NIO Inc (NIO.US)$ is scheduled to release fourth quarter and full year results for 2021 after US markets close on Thursday March 24.
NIO Q4 2021 earnings preview
We already know that $NIO Inc (NIO.US)$ delivered 25,034 vehicles in the final quarter of 2021, which is typically he busiest period of the year for deliveries. Although this was a new record for the business, it marked another mild rate of sequential growth as supply chain bottlenecks continue to limit expansion.
Still, that means NIO delivered 91,429 vehicles during 2021, more than double the 43,728 cars that it managed to shift in 2020. Below is a month-by-month and quarter-by-quarter breakdown of NIO’s deliveries throughout 2021, as well as the initial delivery numbers for 2022:
Deutsche Bank said this week that it believes NIO could go from producing 25,000 cars each quarter to 25,000 cars each month by the end of 2022 on the belief that bottlenecks will ease. The bank said NIO has a ‘leading service infrastructure that no domestic automaker has been able to match’. That is in reference to the fact NIO has decided to focus on infrastructure that allows people to switch the battery in their car when it runs out of juice, whereas most of the wider industry has concentrated on building out charging networks. This offers several advantages for NIO, such as faster charging times, but analysts also believe this makes NIO better adapted to absorbing the higher costs of batteries than its competitors.
$NIO Inc (NIO.US)$ shares, which are now also on the Main Board of the Hong Kong Stock Exchange following a successful secondary listing this month, have proven volatile like many US-listed Chinese stocks over the past week after the Chinese government pledged to help businesses, draw a line under the regulatory crackdown that has plagued tech companies, and support companies like NIO that have overseas listings – removing some key uncertainties from the outlook. But they are likely to remain volatile while investors wait for the details of the government’s plan and evaluate whether it will be enough of a catalyst for NIO and other major players in China.
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