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2022-07-21

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Nio Might Be Reaching the End of the Tunnel. Here’s Why

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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LMSunshine
2022-07-29
LMSunshine
Are you new to Tiger?If yes,🥳welcome to the Tiger Community.I can’t follow more people as my app keeps crashing.If you follow me,I can check your homepage regularly & help to like your posts too!
LMSunshine
2022-07-29
LMSunshine
Thanks for liking my post, appreciate it loads 🤗 Do check out other posts on my homepage & please help to like, many thanks 🤓

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Here’s Why","url":"https://stock-news.laohu8.com/highlight/detail?id=1125300989","media":"TipRanks","summary":"Story HighlightsNio shares have revived fromits52-week lows of $11.67 and have been trending higher ","content":"<div>\n<p>Story HighlightsNio shares have revived fromits52-week lows of $11.67 and have been trending higher with some volatility. Let’s take a look at what’s driving the stock price movements.Shares of ...</p>\n\n<a href=\"https://www.tipranks.com/news/article/nio-might-be-reaching-the-end-of-the-tunnel-heres-why/\">Web Link</a>\n\n</div>\n","source":"lsy1606183248679","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nio Might Be Reaching the End of the Tunnel. 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Here’s Why\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-21 09:03 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.tipranks.com/news/article/nio-might-be-reaching-the-end-of-the-tunnel-heres-why/><strong>TipRanks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Story HighlightsNio shares have revived fromits52-week lows of $11.67 and have been trending higher with some volatility. Let’s take a look at what’s driving the stock price movements.Shares of ...</p>\n\n<a href=\"https://www.tipranks.com/news/article/nio-might-be-reaching-the-end-of-the-tunnel-heres-why/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来","NIO.SI":"蔚来","09866":"蔚来-SW"},"source_url":"https://www.tipranks.com/news/article/nio-might-be-reaching-the-end-of-the-tunnel-heres-why/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1125300989","content_text":"Story HighlightsNio shares have revived fromits52-week lows of $11.67 and have been trending higher with some volatility. Let’s take a look at what’s driving the stock price movements.Shares of electric vehicle (EV) manufacturer Nio (NIO) have recently been on a roller coaster ride. On one hand, growth in deliveries is pushing up the stock; on the other hand, the global recession is punching down on the stock.Though shares now trade at a third of their all-time highs of $60, as seen early last year, they have recovered in the past two months from their 52-week lows of $11.67 and are now trading at around $20.The Good News for NIONIO shares took a downward spiral due to strict COVID-19 lockdowns in Shanghai. However, now, with the easing of the lockdown situation and the resulting resumption of production, shares have bounced back.For June, NIO reported a whopping 60% year-over-year jump in deliveries to 12,961. Further, sequentially, deliveries posted a record 84.5% growth compared to only 7,024 reported in May.Additionally, EV stocks got some push from the news that the Chinese government plans to support EV makers in China by providing subsidies and tax breaks.The Bad News for NIOEV stocks took a beating due to impending fears of a global recession as well as higher interest rates.Investors were concerned that Nio may be in need of additional capital like its peers, and may resort to stock offerings that could dilute the value of the shares.In late June, the stock took a massive hit after the release of a hostile report from Grizzly Research LLC, which accused the company of inflating its revenues and profits.In response, Nio stated that the report was misleading and inaccurate. Nio committed to creating an independent committee to investigate the concerns raised in the report.Analysts Are Bullish about NIOOverall, the stock has a Strong Buy consensus rating based on 10 unanimous Buys. The average Nio price target of $33.66 implies 66.63% upside potential from current levels.High Smart Score for NioNIO scores a 9 out of 10 on TipRanks’ Smart Score rating system, indicating that the stock has strong potential to outperform market expectations.Concluding ThoughtsNio deliveries number in June shows that perhaps, the worst is behind the company with the resumption of production in Shanghai, which suffered due to the COVID-19 situation and the long period of lockdowns earlier this year.The Chinese government support could act as a strong catalyst for the EV maker, assuming NIO management is able to put recent investors’ concerns to rest.","news_type":1},"isVote":1,"tweetType":1,"viewCount":456,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":7,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":103141160,"commentId":"103141160","gmtCreate":1659108748790,"gmtModify":1663255112927,"authorId":4113904591642392,"author":{"id":4113904591642392,"idStr":"4113904591642392","authorId":4113904591642392,"name":"LMSunshine","avatar":"https://community-static.tradeup.com/news/0ad636f2490d8428fcee9da6d669e46c","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-3","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Legendary Trader","description":"Total number of securities or futures transactions reached 300","bigImgUrl":"https://static.tigerbbs.com/656db16598a0b8f21429e10d6c1cb033","smallImgUrl":"https://static.tigerbbs.com/03f10910d4dd9234f9b5702a3342193a","grayImgUrl":"https://static.tigerbbs.com/0c767e35268feb729d50d3fa9a386c5a","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.07.14","exceedPercentage":"93.04%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9074227790,"objectIdStr":"9074227790","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"<span class=\"s1\">Are you new to Tiger?If yes,🥳welcome to the Tiger Community.I can’t follow more people as my app keeps crashing.If you follow me,I can check your homepage regularly &amp; help to like your posts too!</span>","text":"<span class=\"s1\">Are you new to Tiger?If yes,🥳welcome to the Tiger Community.I can’t follow more people as my app keeps crashing.If you follow me,I can check your homepage regularly &amp; help to like your posts too!</span>","html":"<span class=\"s1\">Are you new to Tiger?If yes,🥳welcome to the Tiger Community.I can’t follow more people as my app keeps crashing.If you follow me,I can check your homepage regularly &amp; help to like your posts too!</span>","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":103141153,"commentId":"103141153","gmtCreate":1659108733529,"gmtModify":1663255111846,"authorId":4113904591642392,"author":{"id":4113904591642392,"idStr":"4113904591642392","authorId":4113904591642392,"name":"LMSunshine","avatar":"https://community-static.tradeup.com/news/0ad636f2490d8428fcee9da6d669e46c","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-3","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Legendary Trader","description":"Total number of securities or futures transactions reached 300","bigImgUrl":"https://static.tigerbbs.com/656db16598a0b8f21429e10d6c1cb033","smallImgUrl":"https://static.tigerbbs.com/03f10910d4dd9234f9b5702a3342193a","grayImgUrl":"https://static.tigerbbs.com/0c767e35268feb729d50d3fa9a386c5a","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.07.14","exceedPercentage":"93.04%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9074227790,"objectIdStr":"9074227790","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"<span class=\"s1\">Thanks for liking my post, appreciate it loads 🤗 Do check out other posts on my homepage &amp; please help to like, many thanks 🤓</span>","text":"<span class=\"s1\">Thanks for liking my post, appreciate it loads 🤗 Do check out other posts on my homepage &amp; please help to like, many thanks 🤓</span>","html":"<span class=\"s1\">Thanks for liking my post, appreciate it loads 🤗 Do check out other posts on my homepage &amp; please help to like, many thanks 🤓</span>","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0}],"isCommentEnd":false,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/9074227790"}