NIO Inc. (NIO) Misses Q4 EPS by RMB 47c, Misses on Revenue, Delivers 50,045 EVs; Offers Q1 Outlook
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- Needham Starts NeoVolta (NEOV) at Buy
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
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
