NIO Inc. Reports Unaudited Fourth Quarter and Full Year 2023 Financial Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 7/7/2026
- Rivian Automotive (RIVN) files for 75M share offering
- Rivian offers Q2 2026 revenue outlook, cash position grows
- Fiserv president resigns, interim leaders named for financial unit
- Nokia OYJ (NOKIA:FH) (NOK) PT Raised to EUR14 at Kepler Cheuvreux
- Coursera plans layoffs after Udemy merger, estimates $8M-$11M in costs
Deutsche Bank Comments on NIO (NIO) Results
March 5, 2024 8:54 AM ESTDeutsche Bank analyst Vincent Ha reiterated a Buy rating and $9.00 price target on NIO (NYSE: NIO).
The analyst comments "NIO reported mixed 4Q results while providing a better than feared 1Q24 outlook. Deliveries for the fourth quarter were already reported at 50,045 units, leading to revenue of 17.1bn RMB, better than DBe/consensus 16.9/16.8bn due to higher ASP.... More
Morgan Stanley Reviews NIO (NIO) Quarterly Report
March 5, 2024 7:10 AM ESTMorgan Stanley analyst Tim Hsiao reiterated an Overweight rating and $13.00 price target on NIO (NYSE: NIO).
The analyst comments "NIO reported a widening net loss of Rmb5.6bn in 4Q23 (vs. Rmb4.6bn loss in 3Q23), in-line with our expectation of an Rmb5.5-6bn loss. Total revenue dropped 10% QoQ to... More
NIO Inc. (NIO) Misses Q4 EPS by RMB 47c, Misses on Revenue, Delivers 50,045 EVs; Offers Q1 Outlook
March 5, 2024 5:40 AM ESTNIO Inc. (NYSE: NIO) reported Q4 EPS of (RMB2.81), RMB0.47 worse than the analyst estimate of (RMB2.34). Revenue for the quarter came in at RMB17.1 billion versus the consensus estimate of RMB18.16 billion.
OutlookFor the first quarter of 2024, the Company expects:
Deliveries of... More