Macquarie upgraded NIO from Neutral to Outperform and set a new price target of $6.60
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/20/2024 | $6.60 → $4.80 | Outperform → Neutral | Macquarie |
| 10/28/2024 | $6.60 | Neutral → Outperform | Macquarie |
| 9/6/2024 | $5.30 → $8.00 | Neutral → Overweight | JP Morgan |
| 9/5/2024 | Peer Perform | Wolfe Research | |
| 5/15/2024 | $4.80 → $5.40 | Underweight → Neutral | JP Morgan |
| 4/15/2024 | $5.00 | Neutral | Macquarie |
| 4/2/2024 | $4.00 | Equal Weight → Underweight | Barclays |
| 3/25/2024 | $5.50 | Buy → Neutral | Mizuho |
Macquarie downgraded NIO from Outperform to Neutral and set a new price target of $4.80 from $6.60 previously
Macquarie upgraded NIO from Neutral to Outperform and set a new price target of $6.60
JP Morgan upgraded NIO from Neutral to Overweight and set a new price target of $8.00 from $5.30 previously
6-K - NIO Inc. (0001736541) (Filer)
6-K - NIO Inc. (0001736541) (Filer)
6-K - NIO Inc. (0001736541) (Filer)
On Tuesday after market close, Tesla Inc (NASDAQ:TSLA) reported its second quarter results, missing earnings expectations. Upon the disappointing results, Tesla shares fell more than 8% during premarket trading on Wednesday, pulling down the shares of its rivals, Rivian Automotive Inc (NASDAQ:RIVN), Lucid Group Inc (NASDAQ:LCID), BYD Company Limited (OTC:BYDDY), Nio Inc (NYSE:NIO) and XPeng Inc (NYSE:XPEV). Second Quarter Highlights For the quarter that ended on June 30th, Tesla reported its automotive revenue dropped 7% YoY to $19.9 billion, marking its second straight quarter of YoY sales declines and first-ever consecutive quarters of declining sales volume. Tesla responded to slowin
NIO Inc. (NYSE:NIO) shares are trading lower in the premarket session on Wednesday. The negative price movement of NIO follows EV behemoth Tesla, Inc. (NASDAQ:TSLA), which fell sharply in premarket trading, with the pullback coming after the company reported its second-quarter results. Tesla reported second-quarter earnings per share that trailed expectations. The company expects vehicle production to be sequentially higher in the third quarter but 2024 vehicle growth to be slower than in 2023. In another development, NIO, the EV behemoth’s Chinese electric vehicle rival, is gearing up to introduce NOMI GPT. This virtual AI-powered voice assistant will debut on NIO’s second-generati
Quarterly Total Revenues reached RMB18,673.5 million (US$2,661.0 million)iQuarterly Vehicle Deliveries were 61,855 units SHANGHAI, Nov. 20, 2024 (GLOBE NEWSWIRE) -- NIO Inc. (NYSE:NIO, HKEX: 9866, SGX: NIO)) ("NIO" or the "Company"), a pioneer and a leading company in the global smart electric vehicle market, today announced its unaudited financial results for the third quarter ended September 30, 2024. Operating Highlights for the Third Quarter of 2024 Vehicle deliveries were 61,855 in the third quarter of 2024, consisting of 61,023 vehicles from the Company's premium smart electric vehicle brand NIO and 832 vehicles from the Company's family-oriented smart electric vehicle brand ONVO,
SHANGHAI, Nov. 07, 2024 (GLOBE NEWSWIRE) -- NIO Inc. (NYSE:NIO, HKEX: 9866, SGX: NIO)) ("NIO" or the "Company"), a pioneer and a leading company in the global smart electric vehicle market, today announced that it will report its unaudited financial results for the third quarter 2024 on Wednesday, November 20, 2024, before the open of the U.S. markets. The Company's management will host an earnings conference call at 7:00 AM U.S. Eastern Time on November 20, 2024 (8:00 PM Beijing/Hong Kong/Singapore Time on November 20, 2024). A live and archived webcast of the conference call will be available on the Company's investor relations website at https://ir.nio.com/news-events/events. For par
Adjusted EBITDA Increased to $6.4 Million for the First Half of 2024 Conference Call and Webcast on September 16th at 8 AM ET NEW YORK, Sept. 16, 2024 /PRNewswire/ -- SunCar Technology Group Inc. (the "Company" or "SunCar") (NASDAQ:SDA), an innovative leader in cloud-based B2B software-focused auto services and auto e-insurance in China, today provided a business update and reported financial results for the first half of fiscal year 2024. First Half 2024 Financial Results Total revenue increased by 27% to $203.1 million for the six months ended June 30, 2024, from $159.4 million for the six months ended June 30, 2023.Auto Services ' revenue increased by 9% to $107.5 million for the six mo
SC 13D/A - NIO Inc. (0001736541) (Subject)
SC 13G/A - NIO Inc. (0001736541) (Subject)
SC 13D/A - NIO Inc. (0001736541) (Subject)
Quarterly Total Revenues reached RMB18,673.5 million (US$2,661.0 million)iQuarterly Vehicle Deliveries were 61,855 units SHANGHAI, Nov. 20, 2024 (GLOBE NEWSWIRE) -- NIO Inc. (NYSE:NIO, HKEX: 9866, SGX: NIO)) ("NIO" or the "Company"), a pioneer and a leading company in the global smart electric vehicle market, today announced its unaudited financial results for the third quarter ended September 30, 2024. Operating Highlights for the Third Quarter of 2024 Vehicle deliveries were 61,855 in the third quarter of 2024, consisting of 61,023 vehicles from the Company's premium smart electric vehicle brand NIO and 832 vehicles from the Company's family-oriented smart electric vehicle brand ONVO,
NEW YORK, Nov. 19, 2024 /PRNewswire/ -- SunCar Technology Group Inc. (NASDAQ:SDA), a leading innovator in cloud-based B2B auto services and auto e-insurance in China, is pleased to announce its inclusion in the NASDAQ Golden Dragon China Index, marking an important milestone in the Company's growth journey. The NASDAQ Golden Dragon China Index is a benchmark for tracking Chinese companies listed on U.S. exchanges, offering investors a window into the dynamic growth opportunities within China's economy, particularly in sectors like digital services, technology, new consumer markets, and clean energy. This prestigious index includes leading Chinese companies like Alibaba (NYSE:BABA), JD.com (
SHANGHAI, Nov. 07, 2024 (GLOBE NEWSWIRE) -- NIO Inc. (NYSE:NIO, HKEX: 9866, SGX: NIO)) ("NIO" or the "Company"), a pioneer and a leading company in the global smart electric vehicle market, today announced that it will report its unaudited financial results for the third quarter 2024 on Wednesday, November 20, 2024, before the open of the U.S. markets. The Company's management will host an earnings conference call at 7:00 AM U.S. Eastern Time on November 20, 2024 (8:00 PM Beijing/Hong Kong/Singapore Time on November 20, 2024). A live and archived webcast of the conference call will be available on the Company's investor relations website at https://ir.nio.com/news-events/events. For par
NIO delivered 10,055 vehicles in January 2024, increasing by 18.2% year-over-yearCumulative deliveries of NIO vehicles reached 459,649 as of January 31, 2024 SHANGHAI, China, Feb. 01, 2024 (GLOBE NEWSWIRE) -- NIO Inc. (NYSE:NIO, HKEX: 9866, SGX: NIO))) ("NIO" or the "Company"), a pioneer and a leading company in the premium smart electric vehicle market, today announced its January 2024 delivery results. NIO delivered 10,055 vehicles in January 2024, increasing by 18.2% year-over-year. The deliveries consisted of 6,307 premium smart electric SUVs, and 3,748 premium smart electric sedans. Cumulative deliveries of NIO vehicles reached 459,649 as of January 31, 2024. NIO has opened up its
SHANGHAI, China, Nov. 13, 2023 (GLOBE NEWSWIRE) -- NIO Inc. (NYSE:NIO, HKEX: 9866, SGX: NIO))) ("NIO" or the "Company"), a pioneer and a leading company in the premium smart electric vehicle market, today announced that Professor Yonggang Wen has been appointed as a new independent director to the Company's board of directors (the "Board"), effective November 13, 2023. "We are delighted to welcome Professor Wen to the Board of NIO. With his outstanding academic background, combined with his expertise in cloud computing and computational sustainability, and passion for innovative technologies, Professor Wen brings unique perspectives to the Board," said William Bin Li, chairman of the Boar
FN Media Group Presents Microsmallcap.com Market Commentary NEW YORK, Aug. 4, 2022 /PRNewswire/ -- Canadian car makers breathed a sigh of relief last week when US lawmakers decided to scrap part of a large incentive package for electric vehicles (EVs) that originally excluded EVs assembled in Canada from a proposed $7,500 US consumer tax credit for "clean vehicles." The credit, which includes battery-electric, plug-in hybrids and hydrogen fuel cell, is part of a $369 billion proposed new spending on climate-related initiatives included in the Inflation Reduction Act. US Senators Chuck Schumer and Joe Manchin, both Democrats, reached an agreement late Wednesday to include the credit and a ran