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On Wednesday, JP Morgan raised NIO’s target price to a street high of $40 while upgrading it to overweight from neutral. The brokerage previously had a $14 price target on the electric vehicle maker. According to the issued ratings of 10 analysts in the last year, the consensus rating for NIO stock is Hold based on the current 7 hold ratings and 3 buy ratings for NIO. The average twelve-month price prediction for NIO is $12.68 with a high price target of $19.20 and a low price target of $7.50.

The S&P 500 index rose 0.5%, rebounding Friday from the 40-week line. The Nasdaq composite jumped 1.6% on Friday and for the week, pushing above the 21-day line. The small-cap Russell 2000 slumped 2.1% after hitting five-month lows Tuesday. NIO Inc. is a pioneer in China’s premium electric vehicle market. The company designs, jointly manufactures and sells smart and connected premium electric vehicles, driving innovations in next generation technologies in connectivity, autonomous driving and artificial intelligence.

  • In Q4, NIO reported $1.02 billion in quarterly sales, inching past analysts’ predicted $1.01 billion.
  • To be sure, there are valid concerns over the soaring valuations of electric vehicle makers.
  • Renaissance Capital LLC’s passive IPO-focused ETFs loaded up on Palantir, Rivian, and Kenvue stock, and exited an investment in Li Auto in the third quarter.
  • Also, Saudi Arabia reportedly had told U.S. officials that it could boost oil production next year, as a possible goodwill gesture to get Congress to OK a U.S.-Saudi defense pact as part of Saudi recognition of Israel.
  • On a per-share basis, profit rose to $4.33 a share from $3.12 a share a year earlier.

It has experienced rapid growth, combined with a torrent of investment capital, which created vast cash management challenges. NIO has a high cash burn rate due to the high cost of research and development. review what works on wall street In addition, NIO’s treasury department needed security for its cash, USD liquidity across time-zones and above all, to avoid loss of capital. JPMorgan Chase already has institutions on the share registry.

The most actively traded contract for Brent crude rose around 4%. Stocks had opened lower, then recovered as the Israeli military retook several towns from Hamas control. Benchmark oil and gas prices jumped, driven by concerns that the conflict could spill over into the broader Middle East region. The value of investments may go down as well as up and investors may not get back the full amount invested. NIO also benefitted from JPM GL’s Morgan Money, a multi-currency, 24/7 trading and risk management platform.

Liquidity Insights

Nio Inc. is engaged in the design, manufacture, and sale of electric vehicles in the People’s Republic of China, the US, and Europe. The company also manufactures electric motors, battery packs, and other components for the global EV market. Along with this, the company announced its intentions to enter the smartphone market in 2022 along with plans to outfit a production facility in Shenzen. According to JPMorgan analyst Nick Lai, NIO’s Q4 was “solid,” and even a “meaningful beat” if you back out the “unrealized foreign exchange losses” that were the primary reason NIO lost twice as much money as analysts had anticipated. In Q4, NIO reported $1.02 billion in quarterly sales, inching past analysts’ predicted $1.01 billion. To be sure, there are valid concerns over the soaring valuations of electric vehicle makers.

We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Like many start-ups, NIO has faced cash investment challenges, evolving as it has moved through different phases of its business life cycle.

  • Morgan Global Liquidity (JPM GL) after its 2018 initial public offering.
  • VRT stock, one of 2023’s big winners, now has a new flat base with a 40.41 buy point.
  • By using the combination, NIO maximised its cash investment return opportunities.
  • However, many growth stocks, including those cited here, were down modestly early Monday as futures retreated.

The company announced the opening of its 1,000th swapping station in China in the summer of 2022 and was on track at the time to begin expanding outside of China. The first location outside of China was opened in Norway. NIO Inc. is a multinational EV manufacturer and one of China’s top 6 manufacturers.

NIO is also offering “various types of content (e.g. entertainment)” and also services such as battery replacement, both of which may provide incremental revenue above and beyond the revenue from selling the cars in the first place. Chinese electric car manufacturer NIO Limited (NIO) just may be one of the hottest stocks in an already overheated stock market. In the past 52 weeks alone, NIO stock has gained 2,138%, and according to J.P.

NIO’s treasurers in China can quickly manage settlement of capital raised regardless of time zones or business hours. The financial institution also helped NIO’s treasury team enhance its governance, ensuring its liquidity management fulfilled both its own business objectives and US share listing requirements. The downgrade comes a day after NIO NIO reported a wider-than-expected fourth-quarter loss, as vehicle margins contracted sharply, and provided a saxo bank: an overview of the firm downbeat first-quarter revenue outlook. Although we don’t know the exact number of vehicles that NIO has delivered as of June 28, it is certainly much more than the 100,000 mentioned by Grizzly Research. On April 7, 2021, the company announced the production of the 100,000th vehicle. Six weeks ago (May 15) NIO delivered its 200,000th vehicle and ended the month with cumulative deliveries of 204,936 vehicles — after delivering 7,024 units in May 2022.

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The shekel weakened to its lowest level against the dollar since 2016. All three major U.S. indexes ended higher, led by the broad-based S&P 500, which edged up 0.6%. Renaissance Capital LLC’s passive IPO-focused ETFs loaded up on Palantir, Rivian, and Kenvue stock, and exited an investment in Li Auto in the third quarter. By investing in high quality institutional money market solutions in their overall portfolios, they can achieve diversification, especially important when China’s new regulations are phasing out principle-guaranteed products.

JPMorgan profit jumps 35%, but CEO says geopolitics and gov’t inaction have led to ‘dangerous time’

NIO’s valuation multiples are the highest ever for the company. Two other big Wall Street banks reported their results, which both showed Wall Street earning hefty profits as consumer kept spending and putting more and more expenses on their credit cards. Total revenues in the July-September quarter were $39.87 billion, up from $32.7 billion a year ago. That was largely driven by higher interest rates, which has allowed JPMorgan to charge customers significantly higher amounts of interest on loans compared to a year ago. Despite the uncertainties, the bank remains optimistic on both the U.S. consumer and the U.S. economy. Pay special attention to stocks that are actionable or nearly so.

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The company expects its gross margins to rise to double digits by the end of the year. Earlier this year, there were concerns over NIO’s survival. The company was burning huge cash and had a massive debt to service. However, it took a series of steps to address the concerns. It strengthened its balance sheet by issuing shares twice.

Cybersecurity plays CRWD stock, Qualys and Palo Alto are all IGV members. The VanEck Vectors Semiconductor ETF (SMH) gained 2.3%, with Nvidia stock the No. 1 holding. However, many growth stocks, including those cited here, were down modestly early Monday as futures retreated. “Morgan Money demonstrates innovation as a trading and risk management platform operating across currencies, offering operational efficiency and effective controls, securely and across time zones,” says Wang. Cash segmentation and adopting two different money market strategies (both subject to stringent credit quality frameworks) have positioned NIO to meet these needs.

Dow Jones futures fell solidly Monday morning, along with S&P 500 futures and Nasdaq futures, while crude oil futures jumped. That followed massive Hamas attacks on Israel and the start of a huge Israeli response. These potential “various types of content” may also carry higher than average profit margins — in Lai’s view, high enough to raise the company’s gross profit margin from 8% in Q to as high as 12% to 13% as soon as Q3 2020. $46 a share — isn’t that just a couple bucks more than the $44 NIO stock costs today?

NIO MarketRank™ Forecast

The 10-year Treasury yield surged 21 basis points to 4.78%, but closed well off early Friday’s peak of 4.89%. The 10-year bond yield did rise several basis points Friday, but the dollar retreated for a third straight session. Investors should be getting their watchlists ready mathematical modules in python this weekend, looking to add exposure gradually if the market continues to act well. Sign up for updates on the ways we are using our expertise, data, resources and scale to open new pathways to economic opportunity and drive inclusive growth in communities around the world.