NIO Inc. (NIO)
| Market Cap | 8.67B |
| Revenue (ttm) | 7.62B |
| Net Income (ttm) | -3.00B |
| Shares Out | 1.91B |
| EPS (ttm) | -1.67 |
| PE Ratio | n/a |
| Forward PE | 434.78 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 34,774,055 |
| Open | 4.450 |
| Previous Close | 4.440 |
| Day's Range | 4.380 - 4.540 |
| 52-Week Range | 3.610 - 16.180 |
| Beta | 1.79 |
| Analysts | Buy |
| Price Target | 8.03 (+77.26%) |
| Earnings Date | Jun 6, 2024 |
About NIO
NIO Inc. designs, develops, manufactures, and sells smart electric vehicles in China. It offers five and six-seater electric SUVs, as well as smart electric sedans. The company also offers power solutions, including Power Home, a home charging solution; Power Swap, a battery swapping service; Power Charger and Destination Charger; Power Mobile, a mobile charging service through charging vans; Power Map, an application that provides access to a network of public chargers and their real-time information; and One Click for Power valet service. In ... [Read more]
Financial Performance
In 2023, NIO Inc.'s revenue was 55.62 billion, an increase of 12.89% compared to the previous year's 49.27 billion. Losses were -21.15 billion, 45.2% more than in 2022.
Financial numbers in CNY Financial StatementsAnalyst Forecast
According to 12 analysts, the average rating for NIO stock is "Buy." The 12-month stock price forecast is $8.03, which is an increase of 77.26% from the latest price.
News
Nio stock price analysis: cheap and a good speculative buy
Nio (NYSE: NIO) stock price has crashed hard after peaking at almost $67 in 2021. It has plunged by over 51% this year, bringing its valuation to over $8.6 billion.
Chinese EV companies Zeekr and Nio report record deliveries in June
Geely-owned Zeekr delivered 20,106 cars last month, bringing year-to-date deliveries to 87,870 vehicles. That's slightly more than Nio's 87,426 deliveries for the first six months of 2024.
XPEV, NIO, Li, ZK: Chinese E.V. Makers Report June Deliveries
Chinese E.V. makers report June deliveries.
EV Makers Get a Boost After Nio's Record Deliveries
Nio's (NIO) American Depositary Receipts (ADRs) jumped Monday after the Chinese electric vehicle (EV) maker reported a second-straight month of record deliveries.
Nio record deliveries for Q2 ‘paint a more positive picture'
Nio Inc (NYSE: NIO) is pushing to the upside today after reporting a near 100% year-on-year increase in its June deliveries. Shares of the electric vehicles company are still down close to 50% versus...
Nio's stock gains after delivery data, as other electric-vehicle makers rally
Shares of Nio Inc. charged higher Monday, as the China-based electric-vehicle maker and its peers reported upbeat EV-delivery data for June and the second quarter.
NIO, Li Auto, and XPeng Stocks Rise on Deliveries. One Result Was Better Than Others.
NIO, Li Auto, and XPeng delivered a combined 196,161 EVs in the second quarter of 2024.
NIO Inc. Provides June and Second Quarter 2024 Delivery Update
Company Achieved New Record-High Monthly and Quarterly Deliveries NIO delivered 21,209 vehicles in June 2024, increasing by 98.1% year-over-year NIO delivered 57,373 vehicles in the three months ended...
Chinese automakers expected to achieve 33% global market share by 2030
Chinese automakers are expected to continue to rapidly expand outside of China to achieve 33% of global automotive market share by 2030, according to consulting firm AlixPartners. Much of the growth, ...
Nio stock price forecast: chart points to a strong comeback
Nio (NYSE: NIO) stock price has come under intense pressure this month even after the company published encouraging financial results and May delivery numbers. It sunk to a low of $4.30, its lowest po...
Cinemo Partners With NIO to Bring Home-Entertainment-Grade Experience to Its Premium Electric Vehicles
KARLSRUHE, Germany--(BUSINESS WIRE)-- #AAOS--Cinemo, a global leader in high-performance and automotive-grade multimedia playback, streaming, media management, connectivity, and cloud middleware, has ...
Cheche Group Announces Partnership with NIO Insurance Broker
BEIJING , June 20, 2024 /PRNewswire/ -- Cheche Group Inc. (NASDAQ: CCG) ("Cheche" or the "Company"), China's leading auto insurance technology platform, today announced it has entered into a partnersh...
NIO's Layout in Electrification, Connectivity, Intelligence and Sharing Analysis Report 2024: Self-develop an Operating System, No Longer Requiring AUTOSAR and QNX
Dublin, June 20, 2024 (GLOBE NEWSWIRE) -- The "Analysis on NIO's Layout in Electrification, Connectivity, Intelligence and Sharing" report has been added to ResearchAndMarkets.com's offering. Because ...
Chinese EV stocks surge after EU slaps up to 38% additional import tariffs
Shares of Chinese EV makers mostly surged on Thursday morning after the EU slapped higher tariffs of up to 38% on Chinese EVs a day earlier. "The move is modest compared with the stiff 100% tariffs on...
China hopes EU will reconsider EV tariffs, state media reports
China hopes the European Union will seriously reconsider tariffs for Chinese EVs and stop going further in the "wrong direction", according to a commentary in state-backed news Xinhua.
EU to impose tariffs of up to 38% on Chinese EVs
The European Union (EU) has announced that it will impose tariffs of up to 38% on Chinese EV imports beginning on July 4. Yahoo Finance Autos Reporter Pras Subramanian joins Catalysts to break down th...
EU to hit Chinese electric cars with tariffs of up to 38%
The European Union warned on Wednesday it would slap additional tariffs of up to 38 percent on Chinese electric car imports from next month after an anti-subsidy probe, a move that risks provoking a b...
E.U. to Impose Higher Tariffs on Chinese E.V.s
The E.U. is to impose higher tariffs on Chinese electric vehicles. Renita Young discusses this as the E.U.
Europe's automakers fret as China EV tariff fears become reality
The European Commission's decision to slap tariffs on imported Chinese EVs could have far-reaching effects for European automakers, as a possible trade war would hurt not only their business in China ...
Chinese EV Makers Face Huge Tariffs in Europe Over Subsidies From Beijing
The blowback against China's support of its electric vehicle (EV) industry continued as the European Union (EU) on Wednesday threatened to slap big new tariffs on Chinese EV imports.
Nio remains committed to Europe despite increased tariffs
Nio Inc (NYSE: NIO) is slipping in premarket on Wednesday after the European Union announced a significant increase in tariffs on Chinese electric vehicles. Details of new EU tariffs on $NIO The bloc...
Stocks of Nio and BYD fall after Europe's new tariff plans
Shares of Nio Inc. and BYD Co. Ltd. fell Wednesday, following news that the European Commission plans to impose new tariffs on EVs from China of up to 38%.
China's Nio says commitment to Europe EV market 'unwavering' despite tariff increase
Chinese electric vehicle maker Nio strongly opposes the European Union's use of increased tariffs as a strategy to obstruct the normal global electric vehicle trade but its commitment to Europe's EV m...
China EV Stocks Suffer Amid Tariff Fears. BYD, NIO, XPeng, Others Face Further Hit.
Li Auto, Geely Automotive ADRs fell as Turkey imposed new levies on imports and there are fears the EU will follow suit.
Nio stock price forecast: buy the dip or sell the rip?
Nio (NASDAQ: NIO) stock price's plot thickened after the company published another set of financial results. It crashed to a low of $4.83 last week, bringing the year-to-date losses to 46.75%.