NIO Stock Recent News
NIO LATEST HEADLINES
Shares of Nio Inc. (NYSE: NIO) were down sharply in Thursday’s premarket, after announcing an offering of almost 119 million shares outside the United States to raise funds for R&D. It also followed a fourth-quarter report that fell short of expectations on the top and bottom lines, along with a disappointing outlook. This was the first report since the launch of its new mass-market brands, Onvo and Firefly. 24/7 Wall St. Key Points: Nio is the third-largest electric vehicle company in China and the first to pioneer swappable battery packs. Due to new product launches and growing market share, 24/7 Wall St. projects huge upside for the stock through the end of the decade. If you’re looking for a megatrend with massive potential, make sure to grab a complimentary copy of our “The Next NVIDIA” report. It includes a complete industry map of AI investments, including many small caps. After pulling back, the stock now is trading 3.2% lower than at the beginning of the year.
SHANGHAI, March 27, 2025 (GLOBE NEWSWIRE) -- NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (“NIO” or the “Company”), a pioneer and a leading company in the global smart electric vehicle market, today announced the pricing of its upsized HK$4,030.13 million offering of 136,800,000 class A ordinary shares of the Company (the “Placement Shares”), at an offering price of HK$29.46 per Placement Share (the “Equity Placement”). The Placement Shares have been offered to non-U.S. persons in offshore transactions in reliance on Regulation S under the Securities Act of 1933, as amended (the “Securities Act”). The Company expects to close the Equity Placement on or about April 7, 2025 (the “Closing Date”), subject to the satisfaction of customary closing conditions.
U.S. stock futures were mixed this morning, with the Dow futures gaining around 0.2% on Thursday.
After reaching a year-to-date (YTD) high of $5.22 on March 11 following key subsidy announcements, Nio stock (NYSE: NIO) went on to crash following a disappointing quarterly report.
Chinese electric vehicle maker Nio will raise around HK$3.50 billion ($450.1 million) via a share placement to develop its smart EVs, according to a term sheet reviewed by Reuters on Thursday. ($1 = 7.7763 Hong Kong dollars)
SHANGHAI, China, March 27, 2025 (GLOBE NEWSWIRE) -- NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (“NIO” or the “Company”), a pioneer and a leading company in the global smart electric vehicle market, today announced that it proposes to offer up to 118,793,300 Class A ordinary shares of the Company (the “Placement Shares”) in offshore transactions outside the United States to non-U.S. persons in reliance on Regulation S under the Securities Act of 1933, as amended (the “Securities Act”), subject to market conditions and other factors (the “Equity Placement”).
NIO's ONVO L60 SUV has driven significant delivery growth, reaching 10,000 monthly deliveries by December 2024, and is a key growth lever for 2025. Despite impressive sales and vehicle margin improvements, NIO's net losses remain high, posing a significant challenge for the company moving forward. NIO's current valuation is seen as undervalued, with potential to double if it can scale deliveries, improve margins, and reduce net losses.
Tesla stock price has bounced back in the past few days. It has risen from this month's low of $218 this month to a high of $278, its highest point since March 17.
NIO Inc.'s Q4 and FY 2024 earnings disappointed, missing EPS and revenue expectations, leading to a 7% stock drop and weak Q1 2025 revenue guidance. NIO's vehicle margins, now at 12.3%, could improve to 20% by Q4 2025. At the moment, they lag behind Li Auto's 19.8% and XPeng's 14.3%. Cost-cutting initiatives include a 10% reduction in seat BOM, halved smart hardware costs, and the NX9031 chip lowering unit costs by RMB10,000.
Nio's recent report was very disappointing, raising doubts about the company's ability to improve its performance. Q4 revenues missed estimates, and while margins improved, overall losses remain quite high. Q1 guidance was well below expectations, showing again that management is having trouble meeting its growth hopes.