NIO Inc. Reports Unaudited Third Quarter 2022 Financial Results

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NIO (NIO) losses expected to widen on low profitability - China Renaissance

November 14, 2022 12:11 PM EST

NIO Inc. (NYSE: NIO) was cut to Hold from Buy, with its price target lowered to $12.30 per share by China Renaissance analyst Yiming Wang in a note Monday.

Wang told investors that NIO's net loss widened on lower GPM and higher expense ratios in the third quarter.

"NIO's 3Q22 revenue rose 32.6% YoY/ 26.3% QoQ to... More

NIO (H-Shares) (9966:HK) (NIO) PT Lowered to HK$95.20 at BOCOM Int'l, 'Loss widened in 3Q22 on expenses'

November 11, 2022 3:55 AM EST

BOCOM Int'l analyst Angus Chan lowered the price target on NIO (H-Shares) (9966:HK) (NYSE: NIO) to HK$95.20 while maintaining a Neutal rating.

The analyst comments "NIO reported in-line 3Q22 results, with vehicle sales/sales volume up 38.2% /26.1% YoY to RMB11.9bn/31,607... More

Deutsche Bank Reviews NIO (NIO) Earnings, Stays Buy Rated with $20 PT

November 10, 2022 7:07 AM EST

Deutsche Bank analyst Vincent Ha reiterated a Buy rating and $20.00 price target on NIO (NYSE: NIO).

The analyst comments "NIO reported mostly soft 3Q results, especially on margin, but provided a betterthan-feared 4Q volume outlook. Deliveries for the third quarter were already reported at 31,607... More

NIO Inc. (NIO) Misses Q3 EPS by RMB 1.03; Delivers 31,607 EVs; Guides Q4 Deliveries of 43K-48K Vehicles

November 10, 2022 5:34 AM EST

NIO Inc. (NYSE: NIO) reported Q3 EPS of (RMB2.11), RMB1.03 worse than the analyst estimate of (RMB1.08). Revenue for the quarter came in at RMB13 billion versus the consensus estimate of RMB14.08 billion. The company delivered 31,607 vehicles in Q3.

For Q4, NIO guides... More