Andy Feng Investment thesis My previous bearish thesis about NIO (NYSE:NIO) aged well, as the stock's performance has significantly lagged behind the broader U.S. market since early October. I doubted NIO's ability to meet its long-term growth projections due to unstable deliveries in the first nine months of 2023. However, the latest Q4 delivery data suggest that NIO is gaining strong momentum, and its last quarter's strong delivery numbers will likely lead to the upgrade in Q4 earnings consensus estim ...

NIO delivered 18,012 vehicles in December 2023, increasing by 13.9% year-over-yearNIO delivered 50,045 vehicles in the three months ended December 2023, increasing by 25.0% year-over-yearNIO delivered 160,038 vehicles in 2023 in total, increasing by 30.7% year-over-yearCumulative deliveries of NIO vehicles reached 449,594 as of December 31, 2023 SHANGHAI, China, Jan. 01, 2024 (GLOBE NEWSWIRE) -- NIO Inc. (NYSE:NIO, HKEX: 9866, SGX: NIO))) ("NIO" or the "Company"), a pioneer and a leading company in the prem ...

Fool.com contributor Parkev Tatevosian looks at Nio's (NIO -3.82%) prospects for 2024 and gives his stock price prediction.*Stock prices used were the afternoon prices of Dec. 27, 2023. The video was published on Dec. 29, 2023. ...

Victor Golmer/iStock Editorial via Getty ImagesI'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, as well as a constructive move toward sustainable growth and increased income. Despite the additional dilution to existing shareholde ...

Nio (NIO -0.98%) stock has been on a roll over the past month. The American depositary shares of the Chinese electric vehicle (EV) maker continued that run this week with double-digit gains.As of early Friday, the shares are 12% higher than last week's closing price, according to data provided by S&P Global Market Intelligence. Some news from the company contributed to that but so did more general tailwinds. In fact, the strength of the EV market in China has contributed to a more than 30% gain in Nio stock ...

SHANGHAI, China, Dec. 27, 2023 (GLOBE NEWSWIRE) -- NIO Inc. (NYSE:NIO, HKEX: 9866, SGX: NIO))) ("NIO" or the "Company"), a pioneer and a leading company in the premium smart electric vehicle market, today announced that it has closed the US$2.2 billion strategic equity investment from CYVN Investments RSC Ltd ("CYVN"), an investment vehicle based in Abu Dhabi, as announced on December 18, 2023. In July 2023, CYVN made a US$738.5 million strategic equity investment in the Company and acquired certain Class A ...

Key PointsShares of NIO are rising by 10.8% after the Christmas break; the reasons behind the upside may surprise you.A new model unveiling could be accredited with some of the excitement. Still, one more concrete and fundamental factor is driving the stock's wheel. Analysts and traders seem to be on board; now is the time for NIO to shine.5 stocks we like better than iShares MSCI China ETFSome investors are still feeling the burns from investing in Chinese equities throughout 2023; once considered the darl ...

Nio (NIO 10.81%) stock surged Tuesday. The Chinese electric vehicle (EV) specialist's share price ended the daily session up 10.8%, according to data from S&P Global Market Intelligence.On Dec. 23, the company revealed its ET9 ultra-luxury sedan at its Nio Day event. The company also took the wraps off its new, 5-nanometer (5nm) chip for autonomous driving. The U.S. market was closed for the Christmas holiday on Monday, but investors are showing their excitement for the new luxury vehicle and semiconductor ...

China-based electric vehicle (EV) manufacturer Nio Inc (NYSE:NIO) is one of the best performing stocks on the New York Stock Exchange (NYSE) today. At last check, NIO is 9.4% higher at $9.21, following the unveiling of its newest four-set ET9 EV, a flagship sedan that is planned to rival the likes of Porsche and Mercedes-Benz with an estimated starting price of $112,000.  Options traders are taking notice of the Tesla (TSLA) competitor's announcement. Already today, 351,000 calls and 57,000 puts have crosse ...

Chinese electric vehicle (EV) maker Nio (NIO 8.97%) made a splash over the holiday weekend by introducing some new products. Investors are showing their approval today, with a boost in Nio's shares.The company's American depositary shares jumped as much as almost 10% Tuesday morning and remained higher by 9.3% as of 10:50 a.m. ET.Nio Day impressesAt its annual Nio Day event, the company introduced its new "executive flagship" ET9 sedan. The vehicle will mark the EV maker's first move into the ultra-luxury v ...