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?

avatarMr.P
2024-03-03
NIO STOCK Update⭐️ Risking for Massive SUCCESS🚀
NIO STOCK Update⭐️ Risking for Massive SUCCESS🚀
avatarToughCoyote
2024-03-03
$Li Auto(LI)$ $XPeng Inc.(XPEV)$  $NIO Inc.(NIO)$  $Advanced Micro Devices(AMD)$  MEGA's sales performance depends on 20% product strength, 50% on lead collection, and the remaining 30% on conversion efficiency. The product controversy is not important at all. The products of new forces in this price range (or close to this price range) are definitely much better than joint venture cars regardless of who they are. MEGA’s leading generation is not to mention rising by forty or fifty. RMB 6