How Will NIO Move After Earnings?
NIO released its mixed quarterly report.
Revenue reached 17.1 billion RMB, a year-on-year increase of 6.5%, surpassing analysts' expectations of 16.8 billion RMB.
However, in terms of profitability, the gross profit margin for the fourth quarter was 7.5%, far below analysts' expectations of 10.2%.
------------
How will Nio move after earnings?
What's your target price?