All rights reserved. The company’s Total deliveries clocked in at 10,331, up 169% sequentially and 191% year-over-year. Buy dips. French social media star who is famous for his eponymous YouTube channel. ... complete with earnings and sales charts; a recap of their last earnings … Updated Aug. 11, 2020 4:39 pm ET / Original Aug. 11, 2020 10:24 am ET ... Year to date, shares are still up ... NIO Beat Earnings Expectations. He has gained massive popularity for his original sketch comedy and comedic vlogging commentary. That’s a big rally in a short time. See what's happening in the market right now with MarketBeat's real-time news feed.
Saintvilus is a Warren Buffett disciple who bases his investment decisions on the quality of a company's management, its growth prospects, return on equity and other metrics, including price-to-earnings ratios. Nino Arial (born March 28, 1990) is famous for being youtuber. The firm had revenue of $3.49 billion for the quarter, compared to the consensus estimate of $3.51 billion. He currently resides in France.
And when they do, the secular growth narrative of NIO turning into the dominant premium luxury electric vehicle brand in China will power shares higher over the next five to ten years.The luxury vertical in that EV market will be big — around 10% — mostly because Chinese consumers have an affinity for luxury vehicles. I’m revising that upwards to $1.85, mostly because strong second quarter earnings give me greater confidence that NIO can sustain higher-than-expected ASPs on its cars due to strong Chinese consumer demand for premium EVs, which will lead to higher revenues and bigger gross margins at scale.Based on a 17-times forward multiple and an 8.5% discount rate, that implies a 2020 price target for NIO stock of $15 and a 2029 price target of over $30.NIO stock is a long-term winner. Because long term, this stock is only going higher.Article printed from InvestorPlace Media, https://investorplace.com/2020/08/earnings-confirm-nio-stock-as-an-electric-vehicle-winner/.Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. Chinese electric carmaker Nio Limited (NIO) will release its second quarter fiscal 2020 earnings result before the opening bell Tuesday. All rights reserved. View our full suite of financial calendars and market data tables, all for free.Receive a free world-class investing education from MarketBeat. Get short term trading ideas from the MarketBeat Idea Engine. © 2020 Market data provided is at least 10-minutes delayed and hosted by )+[a-z]{2,63}/i);}, failureMessage: "Value must not contain any URL's"});field11.add(Validate.Presence, {failureMessage:"This field is required"});field11.add(Validate.Length, {tooShortMessage:"Invalid length for field value", tooLongMessage: "Invalid length for field value", minimum: 4, maximum: 4});function handleFormSubmit(ele) { var submitButton = ele.querySelector('input[type=submit]'); var spinner = document.createElement('span'); spinner.setAttribute('class', 'loader'); submitButton.setAttribute('disabled', true); submitButton.style.cursor = 'wait'; submitButton.parentNode.appendChild(spinner); return true; }function resetSubmitButton(e){ var submitButtons = e.target.form.getElementsByClassName('submit-button'); for(var i=0;i