- NIO Inc.’s third-quarter delivery forecast is between 87,000 to 91,000 units, which is below the estimate of 91,091 units.
- The company anticipates revenue for the third quarter to be between 21.81 billion yuan and 22.88 billion yuan, lower than the estimated 24.13 billion yuan.
- For the second quarter, NIO reported revenue of 19.01 billion yuan, a 9% increase year-over-year, yet still below the expected 19.97 billion yuan.
- Adjusted loss per American depositary receipt for the second quarter was 1.85 yuan, compared to a loss of 2.21 yuan per share year-over-year and an estimated loss of 2.17 yuan per share.
- The gross margin for the second quarter improved slightly to 10% from 9.7% year-over-year, but fell short of the 11.1% estimate.
- Vehicle deliveries for the second quarter were 72,056 units, marking a 26% year-over-year increase, but below the estimated 73,023 units.
- NIO reported an adjusted net income of 4.13 billion yuan for the second quarter, a significant improvement from a loss of 4.54 billion yuan year-over-year.
- The company currently holds 17 buy ratings, 13 hold ratings, and 2 sell ratings from analysts.
A look at NIO Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 1 | |
| Growth | 3 | |
| Resilience | 2 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 2.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Investors eyeing NIO for long-term potential have much to consider based on Smartkarma’s Smart Scores. With a solid momentum score of 5, NIO demonstrates strong upward trajectory in the market. Its growth score of 3 also indicates potential for expansion. However, the company’s value and resilience scores are more moderate at 2, indicating some room for improvement in these areas. NIO’s dividend score of 1 suggests it may not be a top choice for income-focused investors. Overall, NIO’s outlook appears promising due to its high momentum and growth scores, despite some areas of weakness in value, resilience, and dividends.
NIO Inc., known for its electric vehicles and related services, has garnered mixed scores across different factors according to Smartkarma. While its momentum and growth scores paint a positive picture for future performance, areas like value, resilience, and dividends show room for enhancement. This suggests that investors optimistic about NIO’s potential should carefully weigh the company’s strengths and weaknesses before making investment decisions. NIO’s global presence in the automotive market, coupled with its focus on electric vehicles and battery services, positions it as a key player in the evolving industry landscape, making it an intriguing option for forward-thinking investors.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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