Nio Inc (NIO)

[DiscoverGold]

NIO currently up +8.50% for the week as the EV company catches a boost from lower lithium prices in China.
By: TrendSpider | March 21, 2023

• $NIO NIO currently up +8.50% for the week as the EV company catches a boost from lower lithium prices in China.



Read Full Story »»»

DiscoverGold

[SmokeSignals]

option calls rippin again

[SmokeSignals]

2023 new year low >$ouch_. 00

[DiscoverGold]

Barclays cuts Nio to equal weight as losses mount
By: Investing.com | March 2, 2023

Barclays downgraded Nio Inc. (NYSE:NIO) to an Equal Weight rating (from Overweight) and cut the price target on the stock to $10.00 (from $18.00) following the electric vehicle maker’s 4Q earnings report.

NIO reported total 4Q revenue of RMB 16.1 billion (RMB 1 = $0.14). Up 62.2% yoy, but 10.2% lower than Barclay’s estimate. Vehicle sales revenue was RMB 14.8B, 12.1% lower than estimated, due to lower-than-expected vehicle deliveries during the quarter. NIO delivered 40,052 units in 4Q22, only slightly above the lowered management deliveries guidance of 38,500 to 39,500 units (originally 43k to 48k).

The company reported gross profit of RMB 621.8 million, 76.6% lower than estimates, with a gross margin of 3.9%, 11 percentage points lower than expected. During the quarter, gross profit/margin was negatively impacted by recognition of inventory provisions, accelerated depreciation on production facilities, and losses on purchase commitments for the existing generation of ES8, ES6, and EC6, as NIO enters into a product upgrade cycle.

Analysts wrote in a note, “4Q revenue was as anticipated since vehicle deliveries had previously been announced. But much higher-than-expected opex and lower-than-expected gross margins were surprises. While lower-than-expected GM was partially attributed to inventory write-offs or cancellation of purchase commitments for parts for the older and now phased-out models, the miss reflects the challenges NIO is still facing in optimizing its industrial planning and operations. With several new models to be launched this year (success of these new models is not guaranteed of course), roll out of a potential new sub brand, aggressive expansion in the European markets, and continued build out of battery swapping stations (adding 1,000 new stations in China plus more overseas) in 2023, we don’t believe the large spending at NIO will slow down anytime soon. With heightened risks from such spending and uncertain fate of newer models, as well as intensified competition in China’s EV industry in general, we are stepping aside while waiting for more clarity on transition progress.”

Shares of NIO are down 3.62% in pre-market trading on Thursday.

Read Full Story »»»

DiscoverGold

[DiscoverGold]

NIO stock swings lower after reporting losses that were much wider than expected
By: Morningstar | March 2, 2023

XPeng stock also reversed lower after the EV maker reported February deliveries that fell from a year ago, while Li Auto shares rallied

Shares of NIO Inc. reversed course to trade sharply lower Wednesday, after a much-wider-than-expected loss and revenue that fell well short of forecasts overshadowed investor optimism over the outlook for shares of other China-based companies.

Meanwhile, shares of rival electric vehicle makers XPeng Inc. (XPEV) also reversed lower after delivery data, but Li Auto Inc. shares (LI) gained ground as China's stock markets surged following strong economic data and after Hong Kong lifted its mask mandate.

NIO's stock (NIO) had traded up about 7% in Wednesday's premarket, just after the electric vehicle maker reported results, but ended down 6.0% at $8.82, the lowest close since July 1, 2020.

The company reported very early Wednesday a fourth-quarter net loss that more than doubled to RMB6.00 billion ($861.9 million), or RMB3.55 per American depositary share (ADS), from RMB2.22 billion, or RMB1.36 per ADS in the year-ago period.

Excluding nonrecurring items, the adjusted loss per ADS of RMB3.07 was wider than the FactSet loss consensus of RMB1.83.

Vehicle margin contracted sharply to 6.8% from 16.4%, due in part to inventory provisions, accelerated depreciation of production facilities and losses on purchase commitments for existing ES8, ES6 and EC6 models.

Deliveries jumped 60% from a year ago to 40,052 EVs, consisting of 20,824 electric sport-utility vehicles (SUVs) and 19,228 electric sedans.

For the first quarter, NIO expects revenue of between RMB10.93 billion and RMB11.54 billion, below the current FactSet consensus of RMB17.38 billion, and deliveries of between 31,000 and 33,000 EVs, up 20.3% to 28.1% from a year ago.

"2022 was a year of decisive investments and accelerated global market entry for NIO," said Chief Financial Officer Steven Wei Feng. "In 2023, we will focus on improving our execution efficiency, and work in an agile and efficient mode to embrace the competition in the global electric vehicle market in the long run."

Meanwhile, XPeng's stock closed down 0.7% at $8.86, to erase an intraday gain of as much as 3.7%. The company said it delivered 6,010 EVs in February, up 15% from January, but down 3.5% from a year ago. The company is slated to reveal fourth-quarter results on March 17.

And Li Auto shares climbed 3.8% to $24.51, paring an intraday gain of 6.2%, after the company reported February deliveries of 16,620 vehicles, up 9.8% from January and 97.5% more than it delivered a year ago.

Earlier this week, Li Auto reported profit that beat expectations but revenue that missed.

Over the past three months, NIO shares have tumbled 32.8% and XPeng shares shed 22.6%, while Li Auto's stock has hiked up 7.6%. In comparison, U.S.-based rival Tesla Inc.'s stock (TSLA) has gained 4.1%, the iShares MSCI China exchange-traded fund (MCHI) has advanced 4.1% and the S&P 500 index has lost 3.0%.

Read Full Story »»»

DiscoverGold

[DiscoverGold]

Earnings Preview: Nio Inc. (NYSE: NIO)
By: 24/7 Wall St. | February 27, 2023

• Here is a look at what to expect when the following three companies report results before Wednesday’s opening bell.

Nio

Shares of China-based electric vehicle (EV) maker Nio Inc. (NYSE: NIO) have lost about 55% from their price over the past 12 months. Worse, perhaps, is a dip of about 3.7% since the beginning of the year. The company is reportedly building a battery plant that is said to be large enough to supply enough long-range batteries to supply 400,000 vehicles annually. Nio delivered almost 123,000 vehicles last year, an increase of more than a third year over year. That is why the company’s guidance will be so important: When will it build enough cars to soak up its capacity to build all those batteries?

There are 29 analyst ratings on Nio’s stock, and 24 are Buy or Strong Buy. At a price of around $9.40 a share, the upside potential based on a median price target of $16.48 is around 75.3%. At the high target of $28.09 the upside potential is nearly 200%.

For the fourth quarter of fiscal 2022, the consensus estimates call for revenue of $2.56 billion, up nearly 40% sequentially and by 64.1% year over year. Nio is expected to post an adjusted loss per share of $0.23, worse than the $0.19 loss in the prior quarter, and worse than the year-ago loss of $0.17 per share. For the full year, the forecast calls for a per-share loss of $0.94, worse than the $0.30 loss in 2021, on sales of $7.31 billion, up about 28.5%.

Analysts estimate that Nio will not produce a profit in 2022, 2023 or 2004. The enterprise value to sales multiple is expected to be 1.8 in 2022. Based on average estimated sales of $13.73 billion and $18.51 billion for 2023 and 2024, respectively, the multiple is 1.0 for 2023 and 0.7 for 2024. The stock’s 52-week range is $8.38 to $24.23. The company does not pay a dividend and the total shareholder return for the past year is negative 55.35%.

Read Full Story »»»

DiscoverGold

[BottomBounce]

Chinese lithium prices fall 30% as demand for electric vehicles weakens
https://ft.com/content/ab5d74d9-a229-4d7a-8542-74124b782306 $NIO #Lithium #EV #China

[DiscoverGold]

NIO (NIO) Scheduled to Post Quarterly Earnings on Wednesday
By: MarketBeat | February 22, 2023

• NIO (NYSE:NIO) is scheduled to announce its earnings results before the market opens on Wednesday, March 1st. Investors that are interested in participating in the company's conference call can do so using this link...

Read Full Story »»»

DiscoverGold

[DiscoverGold]

Renaissance Technologies LLC Reduces Stock Holdings in Nio Inc - (NIO)
By: MarketBeat | February 22, 2023

• Renaissance Technologies LLC cut its stake in shares of Nio Inc - (NYSE:NIO) by 28.6% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 12,681,700 shares of the company's stock after selling 5,087,200 shares during the quarter. Renaissance Technologies LLC owned about 0.76% of NIO worth $199,990,000 as of its most recent SEC filing...

Read Full Story »»»

DiscoverGold

[Rosym]

Hey there financial enthusiasts, are you ready to hear some exciting news about Chinese EV maker NIO (NYSE:NIO)? Despite the geopolitical tensions and macroeconomic challenges, Wall Street is staying bullish on NIO stock and analysts have given it a consensus price target of $17, which means a whopping 67% potential upside! After a 49% dip in the share price over the last six months, this is music to our ears! Hold on, there's more - NIO is set to announce its fourth-quarter results on March 1, and while it's expected to post a net loss per share of $0.26 on revenue of $2.57 billion, it's still getting a great average brokerage recommendation (ABR) of 1.50, which is between Strong Buy and Buy. Now, some of you might be worried about the recent spy balloon incidents and the tensions between the US and China, but hold your horses, my friends. The geopolitical news has had only a modest negative impact on NIO shares and it's not likely to affect the stock's performance much. However, the company is facing some sales challenges at the moment, and there's a risk of it staying in this slump for the next few months. But don't lose hope yet - NIO is still one of the most popular EV firms and has a "Moderate Buy" rating from Wall Street, with 7 Buys and 3 Holds. While Tesla (NASDAQ:TSLA) and NIO (NASDAQ:NIO) are both big players in the EV market, NIO stock seems to be the winner in terms of estimated upside potential, with a whopping 67% compared to Tesla's 2.8% downside potential. So, if you're looking to invest in the electrification of cars trend, NIO stock might just be the stock for you! NIO Stock is Expected to Rise by 67%: Should You Invest? Nio Q4 earnings report predictions! NIO Stock is Expected to Rise by 67%: Should You Invest? Nio Q4 earnings report predictions!

[DiscoverGold]

NIO working through the mother of all falling wedges with some air pockets overhead...
By: TrendSpider | February 20, 2023

• $NIO NIO working through the mother of all falling wedges with some air pockets overhead...



Read Full Story »»»

DiscoverGold

[DiscoverGold]

Nio Inc - (NIO) Shares Bought by California Public Employees Retirement System
By: MarketBeat | February 10, 2023

• California Public Employees Retirement System boosted its position in shares of Nio Inc - (NYSE:NIO) by 18.2% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 2,915,887 shares of the company's stock after buying an additional 448,926 shares during the quarter. California Public Employees Retirement System owned approximately 0.17% of NIO worth $45,984,000 at the end of the most recent reporting period...

Read Full Story »»»

DiscoverGold

[DiscoverGold]

First Republic Investment Management Inc. Trims Stake in Nio Inc - (NIO)
By: MarketBeat | February 8, 2023

• First Republic Investment Management Inc. trimmed its holdings in shares of Nio Inc - (NYSE:NIO) by 24.4% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 28,589 shares of the company's stock after selling 9,233 shares during the quarter. First Republic Investment Management Inc.'s holdings in NIO were worth $451,000 as of its most recent filing with the Securities & Exchange Commission...

Read Full Story »»»

DiscoverGold

[SmokeSignals]

this co is DEAD. LOL

[dekeferrell]

So you bought calls? Good I did too :)

[SmokeSignals]

out of puts for now...this co pps is gonna test a new year low

[SmokeSignals]

this Co. in big trouble, imo. lol $9 handle coming , maybe eight> to lower

[SmokeSignals]

been short (feb10-11puts) yesterday & today added...hope these work out just as good as the calls..lol

[SmokeSignals]

$12.50-$12.70 gap to fill, imo

[SmokeSignals]

LOOK>today's Volume-45,764,792
Avg Volume (10 days)46,870,699
NIO>green< & massive loading.

[SmokeSignals]

added>weeee< lol

[DiscoverGold]

Teacher Retirement System of Texas Lowers Stock Position in Nio Inc - (NIO)
By: MarketBeat | January 24, 2023

• Teacher Retirement System of Texas reduced its stake in shares of Nio Inc - (NYSE:NIO) by 65.4% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 301,400 shares of the company's stock after selling 568,671 shares during the period. Teacher Retirement System of Texas' holdings in NIO were worth $4,753,000 at the end of the most recent reporting period...

Read Full Story »»»

DiscoverGold

[DiscoverGold]

Barclays PLC Has $93.28 Million Holdings in Nio Inc - (NIO)
By: MarketBeat | January 21, 2023

• Barclays PLC boosted its holdings in shares of Nio Inc - (NYSE:NIO) by 73.2% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 5,915,266 shares of the company's stock after buying an additional 2,499,047 shares during the quarter. Barclays PLC owned approximately 0.35% of NIO worth $93,283,000 at the end of the most recent reporting period...

Read Full Story »»»

DiscoverGold

[SmokeSignals]

yea, ok. Lmao

[DiscoverGold]

Nio $2.3 Million Call • Strike: 12.5 • Expiration: 3/17/23
By: Cheddar Flow | January 27, 2023

• $NIO $2.3M Call

Strike: 12.5
Expiration: 3/17/23

*At the Ask*



Read Full Story »»»

DiscoverGold

[SmokeSignals]

NIO UP .55 cents...thx tsla!

[DiscoverGold]

Cathie Wood & Ark Invest's Sells 1,400 Shares of Nio Inc. (NIO)
By: Ark Invest Daily | January 25, 2023

• Cathie Wood and Ark Invest's trade activity from today 1/25.



Read Full Story »»»

DiscoverGold

[DiscoverGold]

Cathie Wood & Ark Invest's Sells 5,167 Shares of Nio Inc. (NIO)
By: Ark Invest Daily | January 23, 2023

• Cathie Wood and Ark Invest's trade activity from today 1/23.



DiscoverGold

[cuggegrosse]

Telsa is going down, so will NIO,way too much competition in China and in the world

[DiscoverGold]

Cathie Wood & Ark Invest's Sells 325,795 Shares of Nio Inc. (NIO)
By: Ark Invest Daily | January 17, 2023

• Cathie Wood and Ark Invest's trade activity from today 1/17.



Read Full Story »»»

DiscoverGold

[Nepatrader]

How come let's say on a Monday Wall Street and all the other analyst are downgrading Neo talking about stupid things like deliveries are down covid bullcrap in China underperform blah blah blah and then by the end of the week they're putting out price targets upgrades to, and everything else a total opposite of what they said just a few days ago it's been going on like that all year. I actually had to free up my nio and sell out because I through all in on aqms. I will be back in by the end of of 2023 tho. not bashing.. but it's crazy I couldn't stand listening to all the China us bullcrap but I do know that Neil will be in the United States within two years

[Nepatrader]

So that means they have 17.81 on the plus side. I'm smart at math. No more fighting

[DiscoverGold]

AE Wealth Management LLC Cuts Holdings in Nio Inc - (NIO)
By: MarketBeat | January 13, 2023

• AE Wealth Management LLC decreased its position in Nio Inc - (NYSE:NIO) by 30.9% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 54,943 shares of the company's stock after selling 24,521 shares during the period. AE Wealth Management LLC's holdings in NIO were worth $866,000 at the end of the most recent quarter...

Read Full Story »»»

DiscoverGold

[abingo]

The Motley Fool
Buy Hand Over Fist in 2023
NIO

[Rosym]

Nio stock could be the next Tesla stock when they become a profitable company. In this video I talk about Nio stock, the news coming out about Nio, and all things Nio. Should you buy Nio now is one of the questions I get asked a lot. Nio has a lot of growing potential and this could have a nice run up in the next coming years.

I am very bullish on Nio and explain in a lot of my videos why I am bullish on nio stock. With the expansion coming, more factories in the works, Nio is on its way to producing a million vehicles and becoming a profitable company. Nio is a stock that I think a lot of people should look into. Nio vs. Tesla is also something that gets compared a lot. I tried to talk about Nio versus Tesla and how they affect the stock market in the stocks in them. The stock market is a crazy thing and it has real risk-versus-reward. This is not Financial advice always do your own due diligence before investing into stocks.

Tesla Stock Vs Nio Stock is also something that is really popular for research with investors. Tesla is one of Nio's many competitors. Tesla Stock has been racing to all time highs since the Tesla Stock Split. A lot of analysts are bullish on Tesla Stock. Can Tesla Stock continue it's run to highs?
Nio: What Deutsche Bank JUST SAID About Nio & China

[DiscoverGold]

UBS remains neutral on Nio following GCC 2023
By: Michael Elkins | January 12, 2023

UBS reiterated a Neutral rating and $13.00 price target on Nio Inc. (NYSE:NIO) after attending the UBS 2023 Greater China Conference where management shared updates on the company's recent operations.

The electric vehicle company aims to achieve 250k total unit sales, of which 80-90k units will be delivered in 23H1 and 160k units will be delivered in 23H2. The automaker's EC7 model will begin delivery in May, and the ES8 will begin delivery in Jun. Nio will launch their NT2.0 based ES6 & EC6 and a new model in Q2, and all five 2023 models will start delivery by 23Q2.

UBS analysts wrote in a note, "Management expects 23Q1 volume to record a slight decline sequentially, and forecasts retail demand to recover by March amid improving travel demand. The company plans to start delivery of NT2.0 based EC7 and ES8 in May and Jun, and scheduled the launch of NT2.0 based ES6 & EC6 and a new model in 23Q2. Amid recovering consumer interests, Nio expects to gain shares with all five 2023 models starting delivery by 23Q2."

Shares of NIO are down 0.09% in pre-market trading on Thursday.

Read Full Story »»»

DiscoverGold

[Scrapiron]

Nio Inc. $NIO has $44.81 Billion of Total Cash!!!

[BottomBounce]

Nio Inc. $NIO has $27 Billion of DEBT

[DiscoverGold]

Nio $4 Million+ Calls LEAPS
By: Cheddar Flow | January 9, 2023

• $NIO $4M+ Call LEAPS



Read Full Story »»»

DiscoverGold

[DiscoverGold]

NIO Accelerating through the low volume area this morning, last up over 10%
By: TrendSpider | January 4, 2023

• $NIO Accelerating through the low volume area this morning, last up over 10%.



Read Full Story »»»

DiscoverGold

[Moonboy1]

Guess I'll just keep flipping this on a daily basis. Buy in the 9s sell in the 10s.

[Moonboy1]

If I'd have known this I would have sold. I do well going against the word of analysts because they have hidden agendas

[Moonboy1]

Great stock to flip lately.

[DiscoverGold]

Morgan Stanley bullish following Nio’s December sales
By: Michael Elkins | January 3, 2023

Morgan Stanley reiterated an Overweight rating and $16.10 price target on Nio (NYSE:NIO) after the electric car maker’s December sales rose 12% MoM and 51% YoY, reaching a record level of 15,815 units. The company’s NT2.0 models contributed around 83% of total deliveries, picking up the slack from the NT1.0, which dropped 14% MoM again to 2,688.

Deliveries of the ET5 picked up in December and reached ~7.6K units despite prolonged supply constraints amid COVID disruptions. Cumulative vehicle deliveries in the 4Q reached 40K units, tracking slightly ahead of the company's reduced guidance of 38.5K-39.5K.

Nio is also scheduled to launch its ES8 and EC7 in the first half of 2023. Morgan Stanley believes that the new models, along with the incumbent ES7 and ET7, will “enrich the variety of NIO's model offerings in the RMB450K-600K price range”.

Shares of NIO are up 3.28% in premarket trading on Tuesday.

Read Full Story »»»

DiscoverGold

[DiscoverGold]

$NIO delivered 15,815 vehicles in December 2022 up 50.8% YoY its best month on record
By: StockMKTNewz | January 1, 2023

• $NIO delivered 15,815 vehicles in December 2022 up 50.8% YoY its best month on record.

Read Full Story »»»

DiscoverGold

[DiscoverGold]

Morgan Stanley remains positive on Nio following guidance cut
By: Investing.com | December 28, 2022

Morgan Stanley analysts reiterated an Overweight rating and $16.10 price target on Nio Inc (NYSE:NIO) after the Chinese electric vehicle maker decided to cut 4Q delivery guidance to 38.5K-39.5K units (from 43K-48K). According to the company, the guidance cut mainly reflects COVID-led disruptions in deliveries/production, as well as lingering supply constraints, caused by rising COVID cases in major cities.

The analysts wrote in a note, “Guidance cut might dampen NIO’s stock performance, but shouldn’t trigger sharp sell-off, in our view, as the fallout from China’s reopening should be sector-wide and likely transitional. We expect that in the coming months the market will refocus on the pace of resurgence in store traffic/order intake.”

Nio hosted the company’s 2022 NIO Day on December 24. The automaker released a few limited updates on their third-generation battery swap stations, and NIO phones. The company also officially launched the EC7 and the new ES8 to the market. Both models are built on NIO's second-generation platform with the latest electric drive system, AQUILA autonomous driving hardware, and second-generation digital cockpit.

Nio plans to have five new models in 2023 but only two have been released so far. The company also unveiled the spy shots of its NIO Phone during the event, which is said to be officially launched in spring 2023.

Shares of Nio are up 1.19% in pre-market trading on Wednesday.

Read Full Story »»»

DiscoverGold

[bunda]

hope we move yo from here back to 13

[BottomBounce]

$NIO lowered its Q4 deliveries guidance.

[DiscoverGold]

Slashed Delivery Outlook Pressures Nio Stock Lower
By: Schaeffer's Investment Research | December 27, 2022

• Nio has struggled with Covid-19 restrictions and supply chain issues

• It has been a rough year for NIO

Electric vehicle (EV) maker Nio Inc (NYSE:NIO) is down 7.3% to trade at $10.16 at last check, after the China-based company lowered its fourth-quarter delivery outlook to range between 38,500 and 39,500 vehicles. Recent Covid-19 restrictions and supply chain issues have challenged Nio, which experienced a computer systems breach earlier this month that compromised users and vehicle sales data.

It has been a rough year for Nio stock, which has shed 67.4% so far in 2022. The security has chopped lower since its latest rally lost steam at the $14 level, and is pacing for its third-straight daily drop today. A familiar floor at the $9 region looks poised to contain these losses, though.

At the International Securities Exchange (ISE), Cboe Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX), the equity's 50-day call/put volume ratio of 2.35 ranks higher than 77% of readings from the last year, suggesting long calls have been getting picked up at a quicker-than-usual pace. A sentiment shift could create additional headwinds for NIO.

The brokerage bunch has not yet chimed in on today's update, but is optimistic toward the stock. In fact, eight of the 10 firms in coverage boast a "buy" or better rating, wile the 12-month consensus target price of $19.58 is a 90.3% premium to current levels, leaving ample room for downgrades and or price-target cuts.

Read Full Story »»»

DiscoverGold

[DiscoverGold]

EV maker Nio cuts delivery guidance on COVID woes; stock drops
By: Investing.com | December 27, 2022

Shares of Nio (NYSE:NIO) are moving over 4% lower in pre-open Tuesday after the electric vehicle (EV) producer slashed its fourth-quarter guidance for the number of delivered units.

Nio now expects to deliver between 38,500 and 39,500 EV units in the fourth quarter of 2022, down from the previously released outlook of 43,000 to 48,000 vehicles.

“In December 2022, the Company has been facing challenges in deliveries and productions, together with certain supply chain constraints, caused by the outbreak of the Omicron coronavirus variant in major cities in China. While our teams have strived to maintain continuous operations on all fronts, we were not able to reach our full capacities, particularly when there have been disruptions on delivery and registration procedures involving users,” the company said in a statement.

The EV maker hosted its annual “Nio Day” in China, where it launched the EC7, a smart electric flagship coupe SUV, and the All-New ES8.

Similar to Tesla (NASDAQ:TSLA), Nio stock trades 65% down year-to-date. Shares closed at $10.97 on Friday.

Read Full Story »»»

DiscoverGold