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Stock impact report

NIO Inc (NIO) Climbs 22.6% as HSBC Goes ‘Buy', Hikes Price Target by 42% [Yahoo! Finance]

NIO Inc. American depositary shares, each representing one Class A ordinary share (NIO) 
Last nio inc. american depositary shares, each representing one class a ordinary share earnings: 3/18 07:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
NIO saw its share prices jump by 22.6 percent week-on-week, with the rally primarily bolstered by an investment firm's bullish rating for the stock, raising its price target by 42 percent. In a market note, HSBC upgraded its target for NIO Inc. (NYSE:NIO) to $6.80 from $4.80 previously, as well as its rating to “buy” from “hold,” following its strong earnings performance and a highly optimistic outlook this year. In its updated report, NIO Inc. (NYSE:NIO) said that it was able to narrow its net loss last year by 33 percent to 14.9 billion yuan from 22.4 billion in 2024, thanks to strong revenues of 87.5 billion yuan, or a 33 percent growth from 65.7 billion yuan year-on-year. NIO Inc (NIO) Climbs 22.6% as HSBC Goes 'Buy', Hikes Price Target by 42% Photo by BezeVision on Unsplash In the fourth quarter alone, the company swung to a net profit of 282.7 million yuan from a net loss of $7.1 billion yuan in the same period a year earlier. Total revenues surged by 76 percent to 34 Show less Read more
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