Barclays analyst Jiong Shao maintains $NIO Inc (NIO.US)$ with a sell rating, and maintains the target price at $4.
According to TipRanks data, the analyst has a success rate of 48.8% and a total average return of 8.0% over the past year.
Furthermore, according to the comprehensive report, the opinions of $NIO Inc (NIO.US)$'s main analysts recently are as follows:
Following Nio's Q3 results announcement, expectations now suggest that while there will be benefits from volume growth in 2025, these may be somewhat negated by slower margin expansion and substantial operating expenses.
Following weaker demand for the core Nio brand along with a slower Onvo production increase, there was an 18% shortfall for the Q4 revenue guidance midpoint relative to consensus. The analysis further highlighted concerns regarding the potential impact on Onvo orders, approximately 50%-60%, which could be affected by the cessation of local purchase subsidies by the end of 2024, leading to adjusted sales forecasts for FY24 and FY25.
Note:
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