Form 6-K NIO Inc. For: Sep 03
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Citi Opens 30-Day Upside Catalyst Watch on NIO (NIO)
September 5, 2024 2:09 PM EDTCiti analyst Jeff Chung reiterated a Buy rating and $7.00 price target on NIO (NYSE: NIO).
The analyst comments "(1) We expect 3Q24 other revenue of Rmb1.86bn with negative GPM narrowed to -9.5% (from 2Q24s -12.3%). (2) We anticipate 3Q24 blended ASP to... More
NIO (NIO) PT Raised to $5.30 at BofA Securities
September 5, 2024 1:29 PM EDTBofA Securities analyst Ming Hsun Lee raised the price target on NIO (NYSE: NIO) to $5.30 (from $5.00) while maintaining a Neutral rating.
The analyst comments "NIO announced 2Q24 results and hosted a conference call on 5 September. Total revenue came in at... More
Morgan Stanley Issues Positive Tactical Research Idea on NIO (NIO), 'upcoming L60 launch on September 20 as the key positive catalyst'
September 5, 2024 8:35 AM EDTMorgan Stanley analyst Tim Hsiao reiterated an Overweight rating and $6.10 price target on NIO (NYSE: NIO).
The analyst comments "We believe the share price will rise in absolute terms over the next 15 days. We view the upcoming L60 launch on September 20 as the... More
Citi Reiterates Buy Rating on NIO (NIO)
September 5, 2024 8:14 AM EDTCiti analyst Jeff Chung reiterated a Buy rating and $7.00 price target on NIO (NYSE: NIO).
The analyst comments "2Q result in-line with decent GPM improvement: Nio 2Q non-GAAP net loss was Rmb4.5bn and in-line with consensus, while vehicle GPM appeared to... More
Morgan Stanley Reiterates Overweight Rating on NIO (NIO)
September 5, 2024 6:24 AM EDTMorgan Stanley analyst Tim Hsiao reiterated an Overweight rating and $6.10 price target on NIO (NYSE: NIO).
The analyst comments "NIO reported a narrowing net loss of Rmb5.1bn in 2Q24 (vs. Rmb5.3bn in 1Q24), largely in-line with our expectation of a Rmb5.2bn... More
