NIO Concludes Internal Review of Seller Report; Street Says Buy

TipRanks2022-08-27

Story HighlightsNIO has concluded the internal review of the allegations made by short-seller Grizzly Research. Analysts, in the meantime, are screaming Buy ahead of its Q2 numbers on September 7....

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Comment（222）

ChinSiang
·2022-08-29
Ok
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Samuel123win
·2022-08-29
H
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weng1245
·2022-08-28
Ok
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1
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lesing
·2022-08-28
H
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- jethro:
  good
  2022-12-31
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Goldenblue
·2022-08-28
Ok
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Remotecam
·2022-08-28
Did you seriously expect NIO to admit their creative accounting is a fraud? You can't conclude your own innocence. That's what independent third party audits are for.
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RW5
·2022-08-28
O
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Huatahhuat
·2022-08-28
K
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LEESIMON
·2022-08-28
ok
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3
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TaiJin
·2022-08-28
[Miser]
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EdmondT
·2022-08-28
Ok
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SCLIEW
·2022-08-28
666
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Looyusooi
·2022-08-28
ok
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慢的老人
·2022-08-28
Some so called "analysts" screaming Buy on $NIO Inc.(NIO)$stock might actually be bag holders looking to pump up the prices so they can dump their holdings. NIO has growth potential but probably not at those insanely high target prices by these "analysts".
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V.lye
·2022-08-28
Ok
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Shirley Soh
·2022-08-28
Good
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RabbitNg
·2022-08-28
Ok
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FGP
·2022-08-28
👍
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Wtt
·2022-08-28
K
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alod
·2022-08-28
Ok
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Analysts, in the meantime, are screaming Buy ahead of its Q2 numbers on September 7....</p>\n\n<a href=\"https://www.tipranks.com/news/nio-nysenio-concludes-internal-review-of-seller-report-street-says-buy\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"NIO","symbol_name":"蔚来","start_time":0,"source_url":"https://www.tipranks.com/news/nio-nysenio-concludes-internal-review-of-seller-report-street-says-buy","article_id":"1145230290","we_media_id":null,"thumbnails":[],"rights":{"source":"lsy1606183248679","url":"https://www.tipranks.com/news/nio-nysenio-concludes-internal-review-of-seller-report-street-says-buy","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=1145230290","pubTimestamp":1661577025,"columns":[],"sourceInfo":{"source_id":"lsy1606183248679","name":"TipRanks"},"weMediaInfo":null,"summary":"Shares of the company are up ~8% over the past five days, and analysts are seeing a further 62.4% upside based on a Strong Buy consensus rating and an averageNIO stock price targetof $33.04. 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Analysts, in the meantime, are screaming Buy ahead of its Q2 numbers on September 7.Smart EV maker NIO Inc.  has provided an update on its independent internal review of the allegations made by short-seller Grizzly Research in June about the company exaggerating its numbers. In response, NIO had set up an independent committee of its Board of directors to review the allegations. The committee had also roped in an international law firm and a forensic accounting firm to assist in the process.The review is now “substantially” complete, and the committee has “concluded that these allegations were not substantiated.”When Do NIO Earnings Come Out?In another development, NIO is set to report its second-quarter numbers before the market opens on September 7. The Street expects NIO to report a net loss per share of $0.17 for the period.In the last eight quarters, NIO has failed to surpass consensus estimates only three times. 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N"},{"id":9994285993,"gmtCreate":1661648959116,"gmtModify":1676536553735,"author":{"id":"3582028884093480","authorId":"3582028884093480","name":"慢的老人","avatar":"https://static.tigerbbs.com/d8809bb976396889eb133162af0901b8","vip":1,"crmLevel":4,"crmLevelSwitch":1,"idStr":"3582028884093480","authorIdStr":"3582028884093480"},"htmlText":"Some so called \"analysts\" screaming Buy on&nbsp;<a href=\"https://ttm.financial/S/NIO\">$NIO Inc.(NIO)$</a><v-v data-views=\"1\"></v-v>stock might actually&nbsp;be bag holders looking to pump up the prices so they can dump their holdings. NIO has growth potential but probably not at those insanely high target prices by these \"analysts\".","listText":"Some so called \"analysts\" screaming Buy on&nbsp;<a href=\"https://ttm.financial/S/NIO\">$NIO Inc.(NIO)$</a><v-v data-views=\"1\"></v-v>stock might actually&nbsp;be bag holders looking to pump up the prices so they can dump their holdings. NIO has growth potential but probably not at those insanely high target prices by these \"analysts\".","text":"Some so called \"analysts\" screaming Buy on $NIO Inc.(NIO)$stock might actually be bag holders looking to pump up the prices so they can dump their holdings. NIO has growth potential but probably not at those insanely high target prices by these \"analysts\".","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9994285993","repostId":1145230290,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9994289918,"gmtCreate":1661648491636,"gmtModify":1676536553581,"author":{"id":"4088902048392220","authorId":"4088902048392220","name":"V.lye","avatar":"https://static.tigerbbs.com/7233306780623a2802ebfc0893c0cc52","vip":1,"crmLevel":6,"crmLevelSwitch":1,"idStr":"4088902048392220","authorIdStr":"4088902048392220"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9994289918","repostId":1145230290,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9994210401,"gmtCreate":1661647654406,"gmtModify":1676536553307,"author":{"id":"4100664503126340","authorId":"4100664503126340","name":"Shirley Soh","avatar":"https://community-static.tradeup.com/news/784ec5f33096066f43c22d219e548bac","vip":1,"crmLevel":8,"crmLevelSwitch":1,"idStr":"4100664503126340","authorIdStr":"4100664503126340"},"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9994210401","repostId":1145230290,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9994237663,"gmtCreate":1661647587454,"gmtModify":1676536553275,"author":{"id":"4124169894135152","authorId":"4124169894135152","name":"RabbitNg","avatar":"https://community-static.tradeup.com/news/5c744a22895836f474e939f3ea6fc58a","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":2,"crmLevelSwitch":1,"idStr":"4124169894135152","authorIdStr":"4124169894135152"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9994237663","repostId":1145230290,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9994233199,"gmtCreate":1661646961013,"gmtModify":1676536553065,"author":{"id":"3584079457608282","authorId":"3584079457608282","name":"FGP","avatar":"https://community-static.tradeup.com/news/4f96275867e9fcc09f90747c0edcd143","vip":1,"hat":"https://static.tigerbbs.com/a3dee1aa3a3a3c1814833a4d3f8a5669","crmLevel":9,"crmLevelSwitch":1,"idStr":"3584079457608282","authorIdStr":"3584079457608282"},"htmlText":"👍&nbsp;","listText":"👍&nbsp;","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9994233199","repostId":1145230290,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9994295879,"gmtCreate":1661646548893,"gmtModify":1676536552942,"author":{"id":"3569796947257349","authorId":"3569796947257349","name":"Wtt","avatar":"https://static.tigerbbs.com/7406dcbfb02a072a2aa86f3c4d10c168","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3569796947257349","authorIdStr":"3569796947257349"},"htmlText":"K","listText":"K","text":"K","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9994295879","repostId":1145230290,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9994292855,"gmtCreate":1661646411180,"gmtModify":1676536552911,"author":{"id":"3581595172436790","authorId":"3581595172436790","name":"alod","avatar":"https://static.tigerbbs.com/dfd3f29585ed00df555c839652af67bf","vip":1,"hat":"https://static.tigerbbs.com/0a8758340a08196056f8bc1e54805193","crmLevel":7,"crmLevelSwitch":0,"idStr":"3581595172436790","authorIdStr":"3581595172436790"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9994292855","repostId":1145230290,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":955,"commentSize":222,"repostSize":0,"favoriteSize":1,"likeStatus":false,"favoriteStatus":false}}