NIO NIO Inc. USD OV
- 4.650
- -0.030-0.64%
NIO Inc. USD OV News
Nio Stock: Buy, Sell, or Hold?
NIO Inc Options Spot-On: On November 22nd, 268.52K Contracts Were Traded, With 3.32 Million Open Interest
Weekly Buzz: Nvidia Falls on Near Perfect Report, but Only For a Day
Express News | Chair Of European Parliament Trade Committee Tells German Broadcaster NTV, "We Are Close To Agreement With China To Abolish Electric Vehicle Import Tariffs"
U.S. stock market movements | Electric vehicle stocks show mixed results, with Tesla (TSLA.US) rising over 4%.
The stocks of electric vehicles are fluctuating, as of the time of writing, Tesla has risen over 4%.
Citi Maintains NIO Inc(NIO.US) With Buy Rating, Maintains Target Price $8.9
NIO quietly awaits an outbreak two years later
Gaining momentum.
Nio Denies After Rumor of Acquisition by BYD Swirls
Express News | Ishares China Large Cap ETF Down 2.3%, Kraneshares CSI China Internet ETF Down 2.5%
Express News | Li Auto Down 2.4%, NIO Down 1.7%, Xpeng Down 4.4%
Express News | U.S.-Listed Shares of Chinese Firms Fall Premarket Tracking Losses in Domestic Stocks
Cui Dongshu: Maintaining growth is not enough to rely solely on trade-in incentives. Tax incentives for car purchases are needed to stimulate first-time buyers to purchase cars.
Currently, the good effects of the trade-in policy bring a strong year-end momentum. However, this rush will lead to greater pressure on consumer activity in early 2025. Therefore, in early 2025, a strong counterforce is needed to offset the pressure of a weaker consumer year. Thus, relying solely on trade-in for stable growth in 2025 is insufficient; tax benefits on vehicle purchases are necessary to encourage first-time buyers to purchase vehicles.
European Car Sales Flat in October, EVs Gain Ground, ACEA Says
China's Passenger Car Sales Jump 11% in October
NIO May Need Longer Time to Turn Profitable -- Market Talk
Xiaomi's auto performance exceeded expectations across the board: revenue approaching 10 billion, annual delivery target refreshed to 0.13 million.
"Xiaomi delivers its strongest performance ever." Following the release of Xiaomi's third quarter 2024 business results, Xiaomi's founder, director, and CEO Lei Jun could hardly contain his excitement, saying so on Weibo. Looking at the various data, Xiaomi's revenue has been surging for three consecutive quarters, with adjusted net income maintaining historical highs, and all of its businesses thriving. Behind this success is the comprehensive effort of Xiaomi's "all aspects of life eco-system". This quarter, Xiaomi's autos are becoming a significant driver of growth for Xiaomi Group. Monthly deliveries have exceeded 0.02 million vehicles, revenue is approaching tens of billions, and the gross margin has also surpassed the performance of many new energy vehicle companies.
[Brokerage Focus] jpmorgan maintains a "shareholding" rating for NIO (09866), expecting its sales to reach 0.361 million vehicles next year.
Jingwu Financial News | jpmorgan issued a research report indicating that Nio (09866) has mixed results for the third quarter of 2024. The vehicle profit margin is slightly higher than the bank's forecast and market consensus, but the increase in operating expenses/marketing expenses (due to the launch of new products and channel expansion) and non-operating losses have dragged down the net income figures. Management maintained an optimistic tone during the earnings call and expects sales to grow by more than 100% in 2025 driven by new models. Furthermore, profit margins or profitability are expected to improve as a result of economies of scale and tactical reductions in incentives. The bank stated that Nio will see significant developments in 2025.
NIO (09866) rose nearly 4% as institutions expect that the release of the L60 and Firefly new cars will drive sales growth next year.
Jinwu Financial News | NIO (09866) stock price is performing well, as of the press time, it increased by 3.87%, reported at HKD 37.6, with a transaction volume of 30.8641 million HKD. Bocom intl research pointed out that NIO expects deliveries in the fourth quarter to be between 0.072 million to 0.075 million vehicles, a year-on-year increase of 43.9% to 49.9%, with sales guidance slightly lower than expected, indicating an average delivery of about 0.026-0.027 million vehicles in November and December. The bank believes that the company’s sales growth next year will mainly come from the ET5, with 6-7 seat SUVs and large five-seater SUVs competing with Li Auto’s L7 and L8. Management guidance indicates that once ET5 sales pick up, it will maintain above 15%.
Hong Kong stocks unusual movement | NIO-W (09866) rises by over 4% now, cumulative delivery volume in the third quarter hits a historical high, enthusiastic volume is expected to drive next year's sales growth.
NIO-W (09866) is now up more than 4%, as of the time of publication, up 4.83%, trading at 37.95 Hong Kong dollars, with a turnover of 27.8078 million Hong Kong dollars.
[Brokerage Focus] Bocom Intl maintains a Buy rating on Nio (09866), but notes that its sales volume guidance for the fourth quarter is slightly below expectations.
Jinwu Financial News | bocom intl issued a research report indicating that NIO (09866) announced its Q3 2024 performance, with revenue of 18.7 billion yuan (RMB, same below), down 2.1% year-on-year and up 7.0% quarter-on-quarter, slightly lower than expectations. The gross margin is 10.7%, slightly exceeding market expectations. The gross margin for autos is 13.1%, with a quarter-on-quarter improvement of 0.9 percentage points, which the firm believes is mainly due to a decrease in costs. The net loss/adjusted net loss for Q3 is 5.01 billion yuan/4.41 billion yuan, roughly flat with Q2. NIO expects Q4 deliveries to be between 72,000 and 75,000 vehicles, a year-on-year increase of 43.9% to 49%.
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