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