Nio Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
I'm PortAI, I can summarize articles.
NIO Inc. (NYSE:NIO) is set to release its Q2 earnings on Sept. 2, with analysts predicting a loss of 30 cents per share and revenue of $2.76 billion. The company delivered 21,017 vehicles in July. NIO shares rose 2.7% to $6.51. Barclays analyst Jiong Shao maintains an Underweight rating with a price target cut from $4 to $3, while Mizuho's Vijay Rakesh holds a Neutral rating with a target cut from $4 to $3.5. Both analysts have high accuracy rates of 73% and 77%, respectively.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Benzinga The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments