NIO
NIO (NYSE: NIO) shares rose about 3% after the electric-vehicle maker said May deliveries surged on...
Article Summary
HOLD- NIO (NYSE: NIO) shares rose about 3% after the electric-vehicle maker said May deliveries surged on stronger demand across its lineup.
- Nio delivered 37,705 vehicles in May, up 62.3% from a year earlier and 28.4% from April, with NIO-branded vehicles accounting for 20,013 units while ONVO contributed 12,029 and FIREFLY added 5,663.
- NIO's year-to-date deliveries reached 150,526 vehicles, up 68.7% from the same period last year, with cumulative deliveries standing at 1.15 million vehicles as of May 31.
- Demand was supported by the newly launched ONVO L80 SUV aimed at family buyers, while the ES8 remained the top-selling model in its segment for fifth consecutive month and ES9 deliveries started on May 28.
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Growth Stock Scoring Breakdown
| METRIC | VALUE | WEIGHT | ANALYSIS |
|---|---|---|---|
| Sales Growth TTM ? | 51.4% | 25% | 100.0 ptsExceptional (51.4%) - Hypergrowth |
| EPS Growth Next 5Y ? | 0.0% | 25% | 10.0 ptsVery Weak (0.0%) - Minimal expectations |
| Target Price Upside ? | 20.3% | 20% | 70.0 ptsGood Upside (20.3%) - Target: $7.23 vs Current: $6.01 |
| Gross Margin % ? | 15.8% | 15% | 20.0 ptsThin (15.8%) - Low-margin business |
| Drawdown from 52-Wk High ? | -25.1% | 15% | 80.0 ptsSolid Dip (-25.1%) - Good entry zone |
Disclaimer: This rating is for informational purposes only and is not financial advice.
All data sourced from Finviz.
Always conduct your own research and consult with a financial advisor before making investment decisions.
Past performance does not guarantee future results.
About NIO
- NIO Inc. designs, develops, manufactures, and sells smart electric vehicles in China, Europe, and internationally.
- It offers five and six-seater electric SUVs, as well as smart electric sedans.
- The company also offers power solutions, including Power Home, a home charging solution; Power Swap, a battery-swapping service; Power Charger and Destination Charger; Power Mobile, a mobile charging service through charging vans; Power Map, an application that provides access to a network of public chargers and their real-time information; and One Click for power valet service.
- In addition, it provides repair, maintenance, car beauty, and inspection services through its service centers and authorized third-party service centers; vehicle transportation and delivery, pre-delivery inspections, guidance on vehicle features, assistance with vehicle registration, and insurance processing services; insurance, maintenance, repairs, accident rescue, car washing, chauffeur services, and valet parking services; and remote monitoring and real-time diagnostics services, as well as technical, warranty, and auto financing arrangements.
- Further, the company is involved in the provision of energy and service packages to its users; design and technology development activities; manufacture of electric powertrains, battery packs, and components; and sales and after-sales management activities.
- Additionally, it operates in app NIO Auto Mall where users can select from various accessories and value added services; and online auction platform.
- The company was formerly known as NextEV Inc. and changed its name to NIO Inc. in July 2017.
- NIO Inc. was incorporated in 2014 and is headquartered in Shanghai, China.