Relentless decline of Nio stock could continue - assign the stock a "D" grade
$NIO Inc(NIO.US$ The article urged investors to look at China-based electric vehicle manufacturer Nio’s monthly delivery numbers carefully. A deeper dive into the data shows that Nio’s EV sales aren’t as spectacular as they might seem. Our NIO stock forecast isn’t ultra-optimistic and we’re assigning the stock a “D” grade.
There’s also a lesson to be learned today. Just because a stock has come down substantially doesn’t always mean it’s due for a recovery. Instead of waiting and hoping that Nio stages a miraculous turnaround, it probably makes a lot more sense to seek wealth-building opportunities elsewhere.
Tesla warned that the company’s vehicle-volume growth rate in 2024 might be “notably lower” than it was in 2023. Thus, it’s easy to see why financial traders dumped their NIO stock shares. It’s reasonable to say that a warning from Tesla, a profitable company, is a bad sign for Nio, an unprofitable company.
During that month, Nio delivered 10,055 vehicles, up 18.2% year over year. If you just read that bullet point, you might walk away with an optimistic feeling about Nio’s future. However, we encourage you to always dig deeper than a company’s press-release bullet points. The prior month, December 2023, Nio delivered 18,012 vehicles. Therefore, Nio’s EV deliveries fell off a cliff in January versus December.
During that month, Nio delivered 10,055 vehicles, up 18.2% year over year. If you just read that bullet point, you might walk away with an optimistic feeling about Nio’s future. However, we encourage you to always dig deeper than a company’s press-release bullet points. The prior month, December 2023, Nio delivered 18,012 vehicles. Therefore, Nio’s EV deliveries fell off a cliff in January versus December.
Comment: The analyst gave several reasons why the relentless decline Nio stock could continue.
Source:
$BYD COMPANY(01211.HK$ $BYD Co.(BYDDF.US$ $S&P 500 Index(.SPX.US$ $Nasdaq Composite Index(.IXIC.US$ $Tesla(TSLA.US$ $VOLKSWAGEN A G(VWAGY.US$ $NIO Inc(NIO.US$ $Li Auto(LI.US$ $XPeng(XPEV.US$ $General Motors(GM.US$ $Ford Motor(F.US$ $Rivian Automotive(RIVN.US$ $MERCEDES-BENZ GROUP AG(MBGAF.US$ $TOYOTA MOTOR CORP(TOYOF.US$ $GEELY AUTO(00175.HK$ $Stellantis NV(STLA.US$
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I reflected trading experiences by writing journals. My comments are for educational purposes not financial advice.
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Teck Wang Pang PaPa : investors place, like to flip-flop.
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Rambam : I'm in the Car Business and August and January are the slowest month. Why? August Back to School and January after all the Holidays everyone waiting for income tax. Mid February till the Summer are All Good!
ZnWCOP Teck Wang Pang PaPa: The article reported that Nio is a Chinese EV company focused on the premium segment. Its stock has fallen almost 90% from its all-time highs in 2021 and is still over 37% below its IPO price. Year-to-date, the stock has fallen over 25%. At its current price, it looks like it’s trading at a discount.
NIO Nightmare: 3 Reasons to Sell and Avoid This EV Stock: Investor Place
https://www.moomoo.com/community/feed/111889504731542?share_code=00GEtj
Revelation 6 : I’m not ready to nail the casket shut on NIO yet. I think that they are far from dead and the Chinese government would bail them out before putting the six feet under. Everyone has problems, I just hope they work them out before they’re fitted for a casket. I give them a C+ grade because I grade on the curve and none of the EV companies are doing very well this semester. Lol.
In transparency in do own NIO stock and Options Contracts. Thank you.
ZnWCOP Rambam: The article reported that Nio is a Chinese EV company focused on the premium segment. Its stock has fallen almost 90% from its all-time highs in 2021 and is still over 37% below its IPO price. Year-to-date, the stock has fallen over 25%. At its current price, it looks like it’s trading at a discount.
NIO Nightmare: 3 Reasons to Sell and Avoid This EV Stock: Investor Place
https://www.moomoo.com/community/feed/111889504731542?share_code=00GEtj
Revelation 6 Teck Wang Pang PaPa: So are we flipping or flopping right now?
ZnWCOP Revelation 6: That's what someone said a month ago but the share price kept dipping.
NIO Down Nine Consecutive Days, Longest Losing Streak Since March 2020
https://www.moomoo.com/community/feed/111783585579014?share_code=00GEuq
Revelation 6 : Right now it doesn’t need to set new daily highs, it just needs to stop setting new 52 week lows so regularly. Lol
ZnWCOP Revelation 6: This is not just one analyst's remark. Data consistently shown the company is not doing well.
Nio sinks deeper into the red, posts 4.6 billion yuan net loss for Q3
https://www.moomoo.com/community/feed/111565808009222?share_code=00GEvk
ZnWCOP Revelation 6: I heard you bought call options again, hope you make money this time.
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