ken tera/iStock Editorial via Getty Images Introduction Today, I want to update my thesis about NIO Inc. (NYSE:NIO). I covered the stock in January, for the first time and my rating for the stock was “Strong Sell” because I saw several weaknesses in the business. Since my first coverage went live, the stock has declined…
Andy Feng NIO Inc. (NYSE:NIO) just made an announcement that said that the electric-vehicle company was curtailing its delivery forecast for 1Q-24 amid a soft demand environment in the company’s core market China. While slowing growth is obviously a big challenge for NIO, and an obstacle for price appreciation for NIO’s stock, I think that…
Andy Feng Article Thesis NIO Inc. (NYSE:NIO) reported its most recent quarterly earnings results on Tuesday morning. The company showed better revenue growth than expected, but the guidance management gave for the current quarter isn’t strong. Overall, NIO has potential, but at least for now. Its execution is sub par compared to some of its…
Victor Golmer/iStock Editorial via Getty Images I’ve been bullish on NIO Inc. (NYSE:NIO) since before its epic 2020 rise and subsequent decline. However, I recently took a more cautious approach as losses mounted and NIO continued diluting its stock. Moreover, I recently re-entered NIO’s stock as we’ve seen considerable improvements in profitability metrics and deliveries,…
Julia_Sudnitskaya/iStock via Getty Images We previously covered NIO Inc. (NYSE:NYSE:NIO) in September 2023, discussing its mixed FQ2’23 earnings call, attributed to the underwhelming top/ bottom lines and the likelihood of it missing the previous FY2023 delivery guidance. We had opted to rate the stock as a Hold then, since it was uncertain if the automaker’s…
choochart choochaikupt Thesis Summary NIO Inc. (NYSE:NIO) has just reported its Q3 results, showing strong growth and an improving margin. The stock is up on the day, as investors seem to believe this could be a turning point for the stock. Indeed, I believe the worst could be behind the Chinese economy for now. NIO’s…
coffeekai/iStock via Getty Images Thesis Summary NIO Inc. (NYSE:NIO) has taken investors on a rollercoaster ride over the last few weeks and months. The stock doubled in price, only to crash over 50% in under two months. In the last week, NIO surprised investors with a capital raise of $1 billion, which prompted speculation of…
Getty Images The current price war within the EV industry is making it hard to justify opening a long position in NIO (NYSE:NIO) even at the current price. While the company managed to finally improve its rate of deliveries in August, its margins continue to deteriorate while its cash burn rate remains at unsustainable levels….