Tag: deliveries

  • Nio Stock Could Drop Even More

    Nio Stock Could Drop Even More

    Shares of NIO were down about 8%, or $1.57 today. While the company beat revenue expectations, and reported a better than expected net loss, the company is still showing a drop in its profit margins. In fact, gross margins dropped to 14.6% from 17.2% quarter over quarter.  Revenue came in at $1.56 billion – a…

  • Nio Sales Came in Better than Expected

    Nio Sales Came in Better than Expected

    Nio (NIO) is up slight afterhours on earnings. For its fourth quarter, the company posted a 16-cent loss on sales of $1.6 billion. The Street was looking for that 16-cent loss on sales closer to $1.5 billion.  Gross margins were 17.2%, as compared to estimates for 17.6%. “We concluded the year of 2021 on a…

  • This is Why Nio Inc. Could be Headed to $40, Near-Term

    This is Why Nio Inc. Could be Headed to $40, Near-Term

    At this point, we wouldn’t be shocked to see Nio Inc. (NIO) at $40. Since bottoming out in May 2020 around $3.20, the EV stock is up to $28.81. Analysts at Citigroup say buy, boosting their price target by just over 82% to $33.20 from $18.10.  The firm believes NIO has a “very strong” order…