DBS Remains a Hold on NIO Inc. Class A (9866)
In a report released yesterday, Raphael Wut Hei from DBS maintained a Hold rating on NIO Inc. Class A. The company’s shares closed today at HK$40.60.
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According to TipRanks, Wut Hei is ranked #5360 out of 12078 analysts.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for NIO Inc. Class A with a $7.02 average price target.
Based on NIO Inc. Class A’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of HK$19.01 billion and a GAAP net loss of HK$5.14 billion. In comparison, last year the company earned a revenue of HK$17.45 billion and had a GAAP net loss of HK$5.13 billion
Read More on HK:9866:
Disclaimer & DisclosureReport an Issue
- Mixed options sentiment in NIO with shares down 1.64%
- Nio’s subsidiary enters into definitive agreements for RMB 2.257B investment
- NIO Sets March 10 Board Meeting and Earnings Call for Q4 and Full-Year 2025 Results
- NIO Secures RMB2.26 Billion Investment for Intelligent-Driving Chip Subsidiary
- Mixed options sentiment in NIO with shares down 1.98%
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