Core Insights - NIO Inc. has launched upgraded versions of four key models and expects a year-over-year increase in deliveries for June and the second quarter [1][8] Delivery Expectations - NIO anticipates June deliveries between 25,000 and 28,000 units, up from 21,209 units in June of the previous year [2] - For the second quarter, NIO expects to deliver between 72,000 and 75,000 vehicles, indicating a year-over-year growth of 25.5% to 30.7% [2][8] Recent Performance - In Q1 2025, NIO delivered 42,094 smart EVs, a 40.1% year-over-year increase, including 27,313 units under the NIO brand and 14,781 from ONVO [3] - The company has seen delivery momentum driven by the rollout of new models and strong demand for ONVO L60 and FIREFLY [3][8] Competitor Analysis - Li Auto expects Q2 2025 deliveries between 123,000 and 128,000 units, reflecting a year-over-year growth of 13.3% to 17.9% [4] - XPeng anticipates Q2 deliveries of 102,000 to 108,000 vehicles, indicating a year-over-year growth of approximately 237.7% to 257.5% [5] Valuation and Performance - NIO has underperformed compared to the Zacks Automotive-Domestic industry, with shares down 30.1% year-to-date, while the industry has grown by 4.1% [6] - NIO's forward price/sales ratio is 0.81, which is higher than the industry's 0.50, suggesting the company may be overvalued [10] EPS Estimates - The Zacks Consensus Estimate for 2025 EPS has increased by 5 cents, while the estimate for 2026 has declined by 1 cent in the past week [11]
NIO Expects Y/Y Rise in Q2 Deliveries: What are the Growth Agents?