NIO -4% as Wall Street analysts cautious on profit path [Seeking Alpha]
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
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Source: Seeking Alpha
NIO -4% as Wall Street analysts cautious on profit pathNIO (NYSE:NIO)trades down 3.7% after thefirst wave of analyst recommendations on the Chinese EV stock tilt to the cautious side.Wall Street analysts are paying a lot of attention to the path to profitability for NIO. Deutsche Bank (Buy, $9.50 PT) expect NIO to turn a profit in FY20, while Citi (Neutral, $7.20) and Morgan Stanley (Overweight, $8.50 PT) don't expect a profit out of NIO until FY21.Previously:Analysts start covering NIO (Oct. 8)Click to subscribe to real-time analytics on NIONow read:NIO Readies U.S. IPO Effort »Subscribefor full text news in your inbox
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High impacting NIO Inc. American depositary shares, each representing one Class A ordinary share news events
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NIO
News
- Here's Why NIO Inc. (NIO) Gained But Lagged the Market Today [Yahoo! Finance]Yahoo! Finance
- VW, BMW Out to Prove They're Not a Spent Force at China Car Show [BNN Bloomberg (Canada)]BNN Bloomberg
- NIO: In Search Of A Bottom [Seeking Alpha]Seeking Alpha
- Xiaomi's Success Means More Trouble for Battered China EV Stocks [BNN Bloomberg (Canada)]BNN Bloomberg
- Nio Inc - (NYSE: NIO) had its "neutral" rating re-affirmed by analysts at Macquarie. They now have a $5.00 price target on the stock.MarketBeat
NIO
Earnings
- 3/5/24 - Beat
NIO
Sec Filings
- 4/9/24 - Form 6-K
- 4/9/24 - Form 20-F
- 4/4/24 - Form SC
- NIO's page on the SEC website