Nio Inc (NIO)

[SmokyStock]

$NIO, I'm thinking about getting back in. I ended up selling at 10.47 or something. anyone think it really is a good jump in point now.

[Hulk Hogan is God]

Getting closer to a buy

[DiscoverGold]

Nio to launch EC6 electric coupe on Sept 15
By: Investing.com | September 11, 2023

Chinese EV maker, Nio Inc. (NYSE:NIO) announced Monday that the company will officially launch their new EC6 on Friday, September 15th.

Nio will hold a launch event starting at 8 pm to launch the all-new EC6, a smart electric coupe SUV, the Chinese electric vehicle maker announced today.

Last week, a Weibo (NASDAQ:WB) user quoted Nio's co-founder and president, Qin Lihong, who mentioned at a partner conference that Nio is gearing up to unveil the new EC6 on September 15 and will commence deliveries shortly thereafter.

During an analyst call held on August 29, Nio's management discussed their plans to launch and start delivering the upgraded mid-size coupe SUV, the EC6, in September. This launch marks the completion of a full product transition based on the NT 2.0 platform, as per the company's announcement made after reporting its second-quarter earnings.

The Nio App has recently updated its EC6 page, allowing consumers to start making reservations for this model.

Customers now have the option to place a deposit of RMB 5,000 (approximately $680) to secure their reservation for the upcoming EC6 model. By doing so, they will gain access to exclusive pre-sale perks for a limited time. Additionally, those who pre-order will have the opportunity to earn Nio Credits rewards valued at RMB 1,000 when they finalize their order.

Shares of NIO are up 2.54% in afternoon trading on Monday.

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DiscoverGold

[DiscoverGold]

Nio Inc - (NIO) Shares Purchased by NewEdge Advisors LLC
By: MarketBeat | September 8, 2023

• NewEdge Advisors LLC grew its position in shares of Nio Inc - (NYSE:NIO) by 433.1% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 112,715 shares of the company's stock after buying an additional 91,571 shares during the period. NewEdge Advisors LLC's holdings in NIO were worth $1,185,000 as of its most recent SEC filing...

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DiscoverGold

[Rosym]

NIO STOCK Deliveries EXPLODING 🚀 Chengdu Auto Show Genius Strategy✅

[Rosym]

💥NIO Delivery Numbers Shock!!!

[DiscoverGold]

$NIO $1.4 Million Put Seller (Unusual) • Strike: 14 • Expiration: 9/01/23
By: Cheddar Flow | September 1, 2023

• $NIO $1.4M Put Seller (Unusual)

Strike: 14
Expiration: 9/01/23

*At the Bid*



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DiscoverGold

[DiscoverGold]

Mizuho cuts price target on Nio while raising delivery estimates
By: Investing.com | August 30, 2023

Mizuho reiterated a Buy rating on Nio Inc. (NYSE:NIO) but cut their 12-month price target on the stock to $18.00 (from $20.00) after the Chinese electric automaker reported its 2Q earnings report.

NIO reported 2Q revenues of RMB 8.77 billion, missing the consensus estimate of RMB 9.51B. Deliveries for the quarter were down 24% compared to the first 3 months of the year. However, management guided 3Q deliveries of 56k units, up 138% q/q and 77% y/y as the electric automaker places its faith in its NT2.0 product rollout expected in September, along with an expanding service and power network.

Analysts wrote in a note, “While NIO did not guide its full 2023E production (prior ~250k), we believe the company can see improving deliveries through 2H23E as it expands its sales force and sees demand tailwinds from RMB 30k price cuts implemented in June.”

The automaker reported an EPS loss of (3.28) for the quarter, missing the consensus estimate of (2.41).

NIO is targeting ~30k vehicles/month starting in Oct'23 as it increases its sales staff.

Mizuho raised their F23E/F24E deliveries estimates to ~174k/290k units, up 42%/66% y/y. Mizuho also adjusted their 3Q revenue and EPS estimates from RMB 16.5B and (2.26) to RMB 19.2B and (2.16) respectively. Consensus estimates for the 3Q are RMB 17.4B/(2.42).

“Despite concerns of a softer consumer, we believe NIO remains well-positioned with multiple upcoming ramps including its lowest cost SUV ES6, a multi-year EV adoption tailwind, market leadership in premium EVs in China, the largest EV market, EU/Global expansion, and an expanding product portfolio,” added the analysts.

Shares of NIO are down 2.34% near end-of-day trading Wednesday.

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DiscoverGold

[vinsterr]

Nice comeback from the lows of day

[DiscoverGold]

Disappointing Q2 Results Drag Nio Inc (NIO) Stock
By: Schaeffer's Investment Research | August 29, 2023

• China-based Nio also issued a downbeat fiscal third-quarter forecast

• The security is down more than 50% year-over-year

Nio Inc (NYSE:NIO) earlier announced worse-than-expected second-quarter losses and revenue. The electric vehicle (EV) name also saw its delivery numbers dwindle year over year, and issued a fiscal third-quarter revenue outlook that was below analysts' estimates. At last check, NIO was down 7.9% at $10.15.

Today's bear gap early sent the security below a floor at the $10 level, and it's on track close below its 80-day moving average for the first time since June. Nio stock is a far cry from this year's Aug. 4 high of $16.18, and is down nearly 50% over the last 12 months.

Overall options volume is already running at six times the intraday average amount, with 100,000 calls and 51,000 puts traded so far. Most active is the weekly 9/1 9.50-strike put, where positions are being opened. NIO is also on the short sale restricted (SSR) list today.

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DiscoverGold

[BottomBounce]

Chinese electric vehicle maker NIO lost $835.1 million in the second quarter, more than twice its year-ago loss $NIO

[vinsterr]

Bought 9.64 this morning, those dips are gold!

[DiscoverGold]

$NIO reported earnings this morning: Double Miss
By: Evan | August 29, 2023

• $NIO reported earnings this morning

EPS of -$0.45 missing expectations of -$0.35
Revenue of $1.21B missing expectations of $1.27B.

Nio's gross margin on vehicles for the second quarter was 6.2% in the second quarter, down from 16.7% a year ago but up from 5.1% in the first quarter of 2023

Nio's adjusted figures exclude share-based compensation expenses. On a GAAP basis, the company reported a net loss of $835.1 million, or 51 cents per share

"We expect a solid growth in vehicle deliveries in the second half of 2023," - Nio CEO

(CNBC)

Looking forward:

Nio now expects to deliver between 55,000 and 57,000 vehicles in the third quarter, up significantly from the 31,607 EVs it delivered in the third quarter of 2022. It expects its revenue for the period to fall between $2.61 billion and $2.69 billion, up from…

— Evan (@StockMKTNewz) August 29, 2023

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DiscoverGold

[BottomBounce]

https://finance.yahoo.com/news/ev-startup-canoo-names-board-125142830.html $NIO

[Rosym]

NIO Scores a Major Goal With Deal to Become Oslo Taxi's First-Choice Supplier
Starting on November 1, 2024, all taxi cabs in Oslo will have to be emission-free.

[Rosym]

China plans to cut stamp duty on stock trading by up to 50% to revive sentiment
https://www.cnbc.com/2023/08/25/china-to-cut-stamp-duty-on-stock-trading-to-revive-sentiment.html

[Moonboy1]

I read that china have st cut there tax rate by 50% for stock trading the help boost economy. Anyone else here heard that?

[DiscoverGold]

Earnings Preview: Nio Inc. (NYSE: NIO)
By: 24/7 Wall St. | August 25, 2023

• Here is a look at what analysts expect when these three companies report quarterly results Tuesday morning.

Nio

China-based EV maker Nio Inc. (NYSE: NIO) has lost nearly 44% from its share price over the past 12 months. The stock price has increased by more than 9% so far in 2023, including a 50% bounce between mid-July and early August based on improving EV sales in China. Since that peak, the stock has given back all but about 3% of the increase.

The Tesla-spawned price war in China has been especially hard on Nio, and the struggling Chinese economy is not providing any support for EV makers or buyers. Analysts have dramatically reduced their revenue expectations for Nio’s second quarter, and that will give the company a decent chance to slip over a low bar. What that will mean depends on Nio beating estimates by a big margin. That probably will not happen.

There are 27 analyst ratings on Nio’s stock, and 18 are Buy or Strong Buy. At a share price of around $10.60, the upside potential based on a median price target of $14.26 is around 34.5%. At the high target of $20.79, the upside potential is 96.2%.

For the second quarter of fiscal 2023, the consensus estimates call for revenue of $1.26 billion, down 19.2% sequentially and 18.2% lower year over year. Nio is forecast to post an adjusted loss per share of $0.41, worse than the $0.37 loss in the prior quarter and worse than the year-ago loss of $0.20 per share. For the full year, the company is expected to report a per-share loss of $1.25, worse than the $1.06 loss in 2022, on sales of $8.82 billion, up 23.5%.

Analysts do not expect Nio to produce a profit in 2023, 2024 or 20425. The enterprise value to sales multiple is expected to be 2.1 in 2023. Based on average estimated sales of $13.37 billion and $17.4 billion for 2023 and 2024, respectively, the multiple is 1.4 for 2024 and 1.1 for 2025. The 52-week trading range is $7.00 to $22.74. The company does not pay a dividend, and the total shareholder return for the past year is negative 43.61%.

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DiscoverGold

[BottomBounce]

Why $NIO Is down this month. Vehicle sales in China fell 1.4 percent year-on-year to 2.387 million units in July 2023 https://tradingeconomics.com/china/total-vehicle-sales

[Rosym]

NIO STOCK Mercedes Deal🚀 Possible Vehicle Launch Date⭐️

[Rosym]

Nio produces over 300 ES6s per day, with some workshops running double shifts, report says.

[Rosym]

NIO STOCK ES8 TestDrive Research Ft. NIO Manager⭐️

[JJ8]

Yes. The breakdown is still ongoing. GLTY & GLTA

[Mt. Blanc]

NIO had a strong move but could see the 9's in this weak market.

mb

[JJ8]

Since NIO shares price had a Double Bottom Breakdown on 11-Aug-2023 the share price has be in correction mode at this time.

Should this continue in its path, the next price support level may be at $10.21

The larger market is in a continuing correction mode. It has been impacting most stock share prices given the economic data and Fed policies.

We shall see.

Cheers & GLTA

[Moonboy1]

Stock just keeps tanking. Investors don't like the strategy

[Rosym]

💡 BIG Strategic Move by NIO Management.

[Mt. Blanc]

NIO XPEV FSR are under pressure.

Sellers take the money when markets punish themselves and the strong % gainers.

Would not be surprised to see more weakness in these markets. Good trading to all.

mb

[Rosym]

NIO Phone emerges as electric car company's first smartphone with flagship hardware abound
NIO is best known for producing electric cars. However, it appears that the company is also preparing to launch its first smartphone. An AnTuTu benchmark result showcases some of the smartphone's hardware too, such as a Snapdragon 8 Gen 2 chipset and 12 GB of RAM. Click Here

[DiscoverGold]

U.S. judge greenlights Nio investor class action over factory claims
By: Investing.com | August 9, 2023

(Reuters) - Nio (NYSE:NIO) Inc investors can proceed as a class in a lawsuit claiming the Chinese electric vehicle maker lied about building its own factory in Shanghai during its 2018 initial public offering, a U.S. judge has ruled.

The lawsuit in federal court in New York seeks damages from Nio, its executives and underwriters for a decline in share price after the carmaker said in March 2019 that it had scrapped plans to build the new factory it had said was "under construction" during the IPO.

U.S. District Judge Nicholas Garaufis issued an order late Tuesday certifying a class of all investors who bought Nio American Depositary Shares (ADS) in the September 2018 IPO, and a class of investors who purchased ADS between Oct. 8, 2018 and March 5, 2019.

The defendants have denied the allegations. Their attorneys did not immediately reply to requests for comment.

The ruling is one of the final hurdles for the investors before a trial in the case. Securities class actions rarely go to trial; those that are not dismissed typically result in settlements. The company may also ask the judge to rule in its favor without a trial.

The investors anticipated the factory would give Nio its own manufacturing capacity and alleviate its reliance on a Chinese state-owned manufacturer some analysts viewed as "third tier."

But construction had never started, the lawsuit alleges, citing former employees and the lack of necessary construction permits.

The investors also claimed Morgan Stanley (NYSE:MS), Goldman Sachs (NYSE:GS) and several other underwriters failed to properly vet the company's statements.

When Nio disclosed the plant would not be built in March 2019, its ADS price dropped 30%, from around $10 to $7 per share, the investors said.

Nio ADS were trading at around $13.50 per share on Wednesday, down about 3.9% from Tuesday's closing price.The case is In re: NIO, Inc., Securities Litigation, U.S. District Court, Eastern District of New York, No. 19-cv-01424.

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DiscoverGold

[BottomBounce]

Stock Market Crash Alert: The July Jobs Report Just Confirmed a Recession Is Coming https://investorplace.com/2023/08/stock-market-crash-alert-the-july-jobs-report-just-confirmed-a-recession-is-coming/ $NIO

[DiscoverGold]

$NIO Price continues to move through the low volume area with FINRA short volume rising to levels not seen since March 2022
By: TrendSpider | August 6, 2023

• $NIO Price continues to move through the low volume area with FINRA short volume rising to levels not seen since March 2022.



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DiscoverGold

[JJ8]

I have to point out that the bullish signal for NIO remains valid regardless of today's session.

A trend change coming from a long period of downtrend like NIO can be likened to a seasonal weather change. The change is not apparent it acts more like it was before.

Though, the market can do anything.

One that happened today was with NKL* Its Bullish signal was reversed to Bearish. The company has financial challenges that are knotty and impacting share price structure issuing new shares to raise needed funds to finance its operational costs.

But NIO stock triggered a major bullish reversal structure that is for the long term , and it is looking amazing.

GLTA

[JJ8]

Not to hurry.

Fyi, my day order to buy under $15 was filled.

It is only step 1

Patience is and CCC approach required in this game, lol.

Cheers & GLTY

[Moonboy1]

This is the last stock in my portfolio that I thought would be tanking today. Geez.

[Mt. Blanc]

NIO unable to break the R at mid 15s.

Has the euphoria calmed down? Will wait for next decline. News is not doing the job yet.

mb

[JJ8]

NIO share price had an ASCENDING TRIPLE TOP BREAKOUT today 3-Aug-2023

I will be buying shares for the first time. In steps/phases. I will be placing a day order probably around $15,

Cheers & GLTA

[Rosym]

Mr. P predicted there will be 23,000 to 25,000 deliveries in the month of August.

[Bountiful_Harvest]

https://www.benzinga.com/news/23/08/33551776/whats-going-on-with-nio-stock

[vinsterr]

What a beast my NIO!!!!

[Mt. Blanc]

This NIO will soon be in the 20s and many will be left behind as it rises.

mb

[Moonboy1]

However I did just buy a few shares to hopefully flip if we get a bounce off the dip.

[Moonboy1]

And the broken record continues to spin with nio. Can never sustain its gains it seems

[Rosym]

CHINA ECONOMY - Volkswagen takes on China’s EV market with a higher-end car and $1 billion investment - Click Here

[Rosym]

Volkswagen invest in nio
🔥🇨🇳 BIG: Xpeng Stock & NIO Stock go WILD after Volkswagen Deal!

[Moonboy1]

Dumpathon. They are no xpev. That's why Volkswagen didn't invest in nio.

[Rosym]

NIO Achieves Record Deliveries of 20,462 in July, With More Than 10,000 ES6 Delivered

- Deliveries of ES6 exceeded 10,000 in July 2023
- NIO delivered 20,462 vehicles in July 2023, increasing by 103.6% year-over-year and by 91.1% month-over-month
- NIO delivered 75,023 vehicles year-to-date in 2023
- Cumulative deliveries of NIO vehicles reached 364,579 as of July 31, 2023
For more information: News Release and New monthly deliverly

[Rosym]

NIO STOCK PRICE PREDICTION🚀 20K Deliveries ⭐️ I Was Right Once Again❗️

[brokeazz]

People sell down when they make a new monthly high. No manipulation here. Lol. The market is just a garbage game. Holing for years. China wants its own Trillion dollar company. They will have it.

[SmokyStock]

Greedy NIO stocks. They want to claim that it's overpriced after going from $65 in 2021 to $7 now. Leave this place immediately. At least $30 for a fair value, Cya. Essentials prevail.