We need to pay attention to th

2024-03-04

We need to pay attention to the earning reports. However, I focus more on other things!

Buy backs, Abu Dhabi buying 150mil shares, $Apple(AAPL)$ acquiring/partnering with $NIO Inc.(NIO)$ , etc… anything is possible.

Specially if they make a good presentation & things are very positive outlooking.

$Tesla Motors(TSLA)$ will compete if Apple will partner/acquire nio.

These information contribute to the promising future of Nio stock.

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?

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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