Nio stock earnings forecast: Why analysts are bullish

While the overall stock market – and the artificial intelligence (AI)-driven technology sector in particular – has been doing very well, with the S&P 500 index reaching new all-time highs in 2024. This overall trend, however, has not been followed by the once-popular electric vehicle (EV) industry, which has been suffering for more than a year from low demand, rising competition, and continuously declining valuations in the market.On the other side of the Pacific, however, February brought a change in trend ...