ZACKSยท2025-09-16 15:15Core Insights - NIO Inc. delivered 31,305 vehicles in August, marking a year-over-year increase of 55.2% and a sequential increase of 49% [1][8] - The strong sales performance is largely attributed to the launch of the ONVO L90, which achieved record deliveries of 10,575 units in its first full month [2][8] - NIO anticipates third-quarter deliveries to range between 87,000 and 91,000 units, indicating a year-over-year growth of 40.7% to 47.1% [4][8] Company Performance - The ONVO L90 has redefined the large 3-row family SUV segment with its innovative design, advanced safety features, and competitive pricing, leading to increased brand awareness and demand for other models like the L60 [2][3] - NIO's shares have outperformed the Zacks Automotive-Foreign industry, gaining 48.9% year to date compared to the industry's growth of 2.8% [7] Financial Estimates - The Zacks Consensus Estimate for NIO's loss per share for 2025 and 2026 has narrowed by 5 cents and 15 cents, respectively, over the past 30 days [9] - NIO's current price/sales ratio is 0.77, which is higher than the industry's ratio of 0.45, suggesting that the company may be overvalued [10]