Andy Feng
NIO’s (NYSE:NIO) upcoming earnings will be important to gauge the impact of new models on the company’s revenue trajectory. NIO had previously reported a 72.9% YoY growth in December sales. The December sales were close to 31,000
NIO: Upcoming Earnings Could Deliver A Big Positive Surprise
Summary
- NIO is expected to report its quarterly earnings in a few days, and we could see a revenue surprise as the company reported strong sales for its ONVO model.
- NIO’s two new models, Firefly and ONVO are seeing good customer feedback, which should improve the sales projection for 2025.
- NIO is also looking to expand in international regions, which can deliver better margins compared to the highly competitive Chinese market.
- A recent meeting between the Chinese administration and business leaders can also see a better regulatory climate and improve the overall sentiment toward Chinese stocks.
- NIO stock is trading at a forward PS ratio of 0.68 compared to more than 12 for Tesla while showing a much stronger revenue growth trajectory.
I have worked in the technology sector for over 4 years. This included working with industry stalwarts like IBM. I have done my MBA in finance and have been covering various blue chip stocks for the past 6 years. Having hands-on knowledge in the technology sector has helped me gain valuable insights into the ups and downs of this sector and predict winners and losers more accurately.
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