NIO ADR Stock News

NIO Inc. (NYSE: NIO) has recently captured the attention of investors and analysts following a series of positive developments. On Friday, J.P.

J.P. Morgan analyst Nick Lai upgraded shares of the Chinese EV maker to Buy after the company reported second-quarter earnings.

NIO Inc. reported solid Q2 earnings with nearly doubled sales, outperforming peers like Tesla, despite missing revenue estimates slightly. NIO's vehicle margins improved to 12.2% in Q2, indicating a positive margin trajectory. NIO's Q3 delivery guidance of 62,000 vehicles suggests continued growth, but profitability remains uncertain, making it a riskier investment compared to BYD.

Nio Inc (NYSE: NIO) is catching the attention of investors as it reports a promising second quarter. The electric vehicle (EV) maker has shown a significant improvement with a 16.7% year-on-year decline in net loss and revenues surpassing expectations.

Nio's deliveries and margins surged in its last quarter. Nio is betting big on an upcoming car launch this month.

NIO Inc. (NYSE:NIO ) Q2 2024 Earnings Conference Call September 5, 2024 8:00 AM ET Company Participants Rui Chen - Head of IR William Li - Founder, Chairman & CEO Stanley Qu - CFO Conference Call Participants Tim Hsiao - Morgan Stanley Ben Wang - Deutsche Bank Tina Hou - Goldman Sachs Yuqian Ding - HSBC Paul Gong - UBS Ming-Hsun Lee - Bank of America Chang Xing - CICC Operator Hello ladies and ...

American depositary receipts (ADRs) of Nio (NIO) advanced Thursday as the Chinese electric vehicle (EV) maker reduced its losses and gave strong guidance as it set a record for deliveries.

24/7 Wall St. Insights Chinese EV maker Nio Inc. (NYSE: NIO) faces many challenges, but they all contribute to one overwhelming problem: a lack of profitability.