Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. Revenue / Forecast ; August 11, 2020-1. The Chinese government is already granting massive subsidies to residents who purchase electric vehicles, especially from domestic brands like Nio, XPeng (NYSE:XPEV), and Kandi. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Identify stocks that meet your criteria using seven unique stock screeners. Customers are also using more of CrowdStrike’s services than before. Please read our privacy policy and legal disclaimer. NIO last posted its quarterly earnings results on August 11th, 2020. MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Do Not Sell My Information. With a 5-year investment, the revenue is expected to be around +831.55%. The price has risen in 6 of the last 10 days and is up by 3.69% over the past 2 weeks. The black gold has created a hanging man pattern following a rise from $36.63 to levels above $41.00. As of October 14, Nio stock had risen 612% — well-ahead of Tesla’s 375% rise. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. Sign-up for continuing coverage on shares of NIO stock, as well as other hot stock picks, get our free newsletter today and get our next breakout pick! View our full suite of financial calendars and market data tables, all for free. Nio … © 2020 Insider Inc. and finanzen.net GmbH (Imprint). Get daily stock ideas top-performing Wall Street analysts. To add more... Electrameccanica Vehicles Corp. (SOLO) shares are trading at lower $3.00 and the avg recommendation for the stock is Moderate Buy. The catalyst for this interesting swing was the company’s recent earnings report. The lifted forecast backs the firm's "buy" rating and $24 price target for Nio shares. The NIO Inc. stock fell by -1.05% in the last day (Tuesday, 13th Oct 2020) from $21.85 to $21.62. NYSE:NIO bounced back on Wednesday alongside the broader markets as President Trump backed off of his plan to delay stimulus package discussions until after the November federal election. 94% decrease from. The reported ($1.08) earnings per share for the quarter, missing analysts' consensus estimates of ($0.35) by $0.73. Fundamental company data provided by Morningstar and Zacks Investment Research. The dark blue line represents the company's actual earnings per share.
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