Although less than optimistic, the Wall Street consensus about the potential of Nio (NYSE: NIO) stock is hardly reflective of the beating the Chinese electric vehicle (EV) maker has taken since 2025 started.
Nio (NIO 0.28%), a leading maker of electric vehicles (EVs) in China, currently trades more than 40% below its initial public offering (IPO) price of $6.26 per American depository receipt (ADR) from Sept. 12, 2018. It's also dropped 90% from its record closing high of $62.84 per ADR on Feb. 9, 2021.
NIO stock has suffered a decline of over 30% since the recent earnings miss, but the company is showing a number of tailwinds which can boost sentiment. The vehicle deliveries and gross margin improvement were very impressive in the recent quarter. The recent trade war can improve NIO's position in the premium segment, where it competes with Tesla, and lower the pricing pressure in the near term.
BROMONT, Québec--(BUSINESS WIRE)-- #ET9--Boréas Technologies — a pioneer in third-generation, piezo-based haptics for automotive, consumer and mobile applications — today announced that NIO, the global company for smart electric vehicles in the premium segment, has integrated Boréas' powerful automotive haptic module into TUI Bar, the touch area in NIO ET9. This makes NIO ET9, the company's Sma...
Nio stock price has retreated this week and is nearing its all-time low even as rumors of a potential transaction remain. It has dropped in the last four consecutive weeks, and is at its lowest level since May 20th.
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