BofA on NIO (NIO): 'Solid new model pipeline in 2025; self-developed AD chip'

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Barclays Reiterates Underweight Rating on NIO (NIO)

November 21, 2024 6:11 AM EST

Barclays analyst Jiong Shao reiterated an Underweight rating and $4.00 price target on NIO (NYSE: NIO).

The analyst comments "Summary: NIOs 3Q results were broadly inline for revenues, margins and losses. The company launched its first car under the new brand ONVO (lower end compared to NIO) around the end of September and... More

NIO (NIO) PT Lowered to $4.50 at Bernstein SocGen Group

November 21, 2024 5:25 AM EST

Bernstein SocGen Group analyst Eunice Lee lowered the price target on NIO (NYSE: NIO) to $4.50 (from $5.00) while maintaining a Market Perform rating.

The analyst comments "Q3 results in-line. NIO reported Q3 revenue of RMB 18.7bn (-2.1% yoy and +7.0% qoq). Q3 saw higher volume (61.9k units, +11.6% yoy and +7.8% qoq), which was partially offset by lower ASP of RMB 270.0k (-14.0% yoy and -1.2% qoq), due to weaker product mix and higher... More

Macquarie Downgrades NIO Inc (9866:HK) (NIO) to Neutral

November 21, 2024 4:10 AM EST

Macquarie analyst Eugene Hsiao downgraded NIO Inc (9866:HK) (NYSE: NIO) from Outperform to Neutral with a price target of HK$38.00 (from HK$52.00).

The analyst comments: "Weaker demand for core NIO brand and a slower Onvo production ramp led to an 18% miss for... More

Macquarie Downgrades NIO (H-Shares) (9966:HK) (NIO) to Neutral

November 20, 2024 1:11 PM EST

Macquarie analyst Eugene Hsiao downgraded NIO (H-Shares) (9966:HK) (NYSE: NIO) from Outperform to Neutral with a price target of HK$38.00.

The analyst comments ": We think it is too early to say if NIO brand cannibalization risks are real or if Onvo demand is as... More

Macquarie Downgrades NIO (NIO) to Neutral

November 20, 2024 1:10 PM EST

Macquarie analyst Eugene Hsiao downgraded NIO (NYSE: NIO) from Outperform to Neutral with a price target of $4.80.

The analyst comments "Weaker demand for core NIO brand and a slower Onvo production ramp led to an 18% miss for the 4Q revenue guidance midpoint vs... More

NIO Inc. (NIO) Misses Q3 EPS by 22c; offers guidance

November 20, 2024 4:49 AM EST

NIO Inc. (NYSE: NIO) reported Q3 EPS of (RMB2.14), RMB0.22 worse than the analyst estimate of (RMB1.92). Revenue for the quarter came in at RMB18.67 billion versus the consensus estimate of RMB19.05 billion.

GUIDANCE:

NIO Inc. sees Q4 2024 revenue of RMB19.676-20.383... More

NIO Inc. (NIO) call put ratio 3.1 calls to 1 put into quarter results and outlook

November 19, 2024 11:03 AM EST

NIO Inc. (NYSE: NIO) November weekly call option implied volatility is at 156, December is at 94; compared to its 52-week range of 61 to 110 into the expected release of quarter results before the bell on November 20.

... More

Xpeng rises on smaller-than-expected Q3 loss, upbeat guidance

November 19, 2024 7:15 AM EST

Investing.com -- Xpeng (NYSE: XPEV) reported a smaller-than-expected loss for the third quarter, driven by solid sales of popular new models, and issued upbeat guidance for the fourth quarter.


For the three months ending September, Xpengs non-GAAP net loss attributable to shareholders narrowed to 1.5 billion yuan, outperforming analysts projection of a 1.6 billion yuan deficit.


Revenue surged 18.4% year-over-year to 10.1 billion yuan, exceeding the anticipated 9.9 billion yuan.


The company posted a gross margin of... More