JP Morgan Downgrades NIO to Neutral, Lowers Price Target to $10
JP Morgan analyst Nick Lai downgrades NIO (NYSE:NIO) from Overweight to Neutral and lowers the price target from $14 to $10.
Earnings Scheduled For March 1, 2023
Companies Reporting Before The Bell
• Globalstar (AMEX:GSAT) is expected to report quarterly loss at $0.01 per share on revenue of $38.75 million.
NIO Q4 Adj EPS $0.44 Up From $(0.16) YoY, Sales $2.33B Up From $1.55B YoY
NIO (NYSE:NIO) reported quarterly earnings of $0.44 per share. This is a 375 percent increase over losses of $(0.16) per share from the same period last year. The company reported $2.33 billion in sales this quarter.
Tesla Inks $2.9B Battery Material Supply Deal With South Korean Partner: Why It’s Important For The EV Giant
South Korean battery materials supplier L&F Co signed a contract with Tesla Inc. (NASDAQ:TSLA) for KRW 3.83 trillion…
Nio, XPeng Shares Are On The Move Today: Here’s What’s Going On
NIO Inc (NYSE: NIO) and XPeng Inc (NYSE: XPEV) shares are moving higher Monday in sympathy with shares of Li Auto Inc (NASDAQ: LI</
Tesla Bet Upped By 160%, Apple Dumped And More: How Canada’s Largest Pension Fund Shuffled Its Q4 Portfolio
Even as most U.S. fund managers hoarded tech stocks at bargain prices following their sell-off last year, Canada’s biggest pension fund deemed it fit to sell some prominent tech names.
‘Audi’s EV Naming Lawsuit Against Nio Gets Shot Down In Europe’ – Electrek
https://electrek.co/2023/02/24/audis-ev-naming-lawsuit-against-nio-gets-shot-down-in-europe/
Audi’s attempt to block NIO from using the names ES8 and ES6 in Europe just took a turn after the European
How To Attend NIO Q4 2022 Earnings Conference Call
NIO (NYSE:NIO) will host a conference call at 07:00 AM ET on March 1, 2023, to discuss Q4…
Nio Plans To Build Factory For Budget EVs: Report
Electric vehicle maker Nio Inc (NYSE: NIO) reportedly plans to build a budget EV factory in the Chinese city of Chuzhou in the eastern province of Anhui.
Never Mind Tesla’s Dismissal — China’s Nio Presses Ahead With This Massive EV Power Solution Plan
Chinese electric-vehicle startup Nio, Inc.