Nomura Reports NIO (NIO.US) Exceeds Expectations in 4Q25 Results; Maintains Neutral Rating
Positive Financial Outlook: NIO-SW is expected to report positive GAAP and non-GAAP operating profits in 4Q25, surpassing previous expectations of breaking even, according to a Nomura research report.
New Model Launches: The introduction of new models like the ES9 and Onvo L80 in 2026 is anticipated to strengthen NIO's market position and financial health, provided they perform similarly to earlier successful models.
Target Price Adjustments: Citi has lowered NIO-SW's target price to HKD47.3, reflecting reduced sales forecasts for 2026-27, while maintaining a Neutral rating for NIO's US stock with a target price of US$8.4.
Market Activity: NIO-SW's stock has seen a significant short selling activity amounting to $97.00M, with a short selling ratio of 32.026%.
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NIO-SW Shares Surge 15% Following Announcement of Adjusted Profit for Previous Quarter
Stock Performance: NIO-SW (09866.HK) opened 15% higher at HKD43.86, with a trading volume of 214,000 shares and short selling amounting to $88.82 million, reflecting a short ratio of 42.943%.
Financial Results: The company reported a net profit of RMB122 million for 4Q25, a significant turnaround from a loss of RMB7.132 billion in the same quarter the previous year, with earnings per share (EPS) at RMB5 cents.
Revenue Growth: Total revenue for the quarter increased by 75.9% year-over-year (YoY) and 59% quarter-over-quarter (QoQ) to RMB34.65 billion.
Gross Profit Surge: Gross profit rose dramatically by 163.1% YoY and 100.8% QoQ, reaching RMB6.074 billion.
JPM: NIO's Q4 2025 Results Align with Expectations; Surprising Guidance for This Year
4Q25 Results: NIO-SW's fourth quarter results were in line with expectations, with preliminary operating profit exceeding forecasts, according to JPMorgan's report.
2026 Sales Guidance: Despite challenges like weak demand and rising costs, NIO's management projects a 40-50% increase in sales for 2026, surpassing JPMorgan's estimate of 30%.
Analyst Ratings: Nomura upgraded NIO to a Buy rating with a target price of USD 6.6, while JPMorgan maintained an Overweight rating with a target price of USD 7.
Short Selling Data: As of March 10, 2026, NIO-SW experienced significant short selling, amounting to $88.82 million, with a ratio of 42.943%.
Nomura Raises NIO (NIO.US) Rating to Buy with Target Price of USD 6.6, Anticipates Breakeven by 2026
Nomura's Positive Outlook: Nomura has upgraded NIO-SW (09866.HK) to a Buy rating, citing improvements in the company's business and financial performance, indicating it has entered a healthy business cycle.
Target Price Adjustment: The target price for NIO (NIO.US) has been adjusted from US$8.4 to US$6.6 following the positive assessment.
Margin Forecasts Increased: Nomura has raised its gross and operating margin forecasts for NIO-SW for 2026 and 2027, anticipating a non-GAAP operating profit break-even by 2026.
Citi's Expectations: Citi expects NIO-SW's 1Q non-GAAP net loss to be controlled within RMB900M and maintains a Buy rating on the stock.
Citi Assigns Buy Rating to NIO (NIO.US); 1Q Revenue Forecast Considered Ambitious
NIO's Revenue Guidance: NIO has projected a strong revenue growth of 103-109% for Q1 2026, anticipating car sales of 35,000 units in March, according to a Citi research report.
Market Performance: NIO's stock has seen a significant increase of 15.994%, with short selling amounting to $88.82 million and a ratio of 42.943%.
Analyst Upgrades: Nomura has upgraded NIO to a Buy rating with a target price of USD 6.6, while Citi has set a target price of USD 6.2, also rating it as a Buy.
Sales and Pricing Insights: Even with a potential 33% decline in car sales quarter-over-quarter, NIO's average price is expected to rise by 5.7%, assuming other revenue remains at RMB 2.95 billion for Q1 2026.
Citi Anticipates NIO-SW (09866.HK) 1Q Non-GAAP Net Loss to Remain Under RMB900M, Maintains Buy Rating
Citi Research Forecast: Citi Research anticipates NIO-SW will achieve a gross profit margin of 17.3% in Q1 2026, driven by a shift towards higher-end models and effective cost control measures.
Non-GAAP Net Loss Projection: The broker estimates that NIO-SW's non-GAAP net loss for Q1 2025 will be contained within RMB900 million, despite it being a traditionally low sales season.
Stock Rating and Target Prices: Citi maintains a "Buy" rating on NIO-SW, setting target prices at $47.3 for H-shares and $6.2 for ADR.
Market Activity: As of March 10, 2026, NIO-SW experienced significant short selling activity amounting to $88.82 million, with a short selling ratio of 42.943%.
NIO (NIO.US) ADR Soars Over 15% as Quarterly Loss Transforms into Profit
Stock Performance: NIO-SW shares rose by 14.997%, with a significant increase in ADR, which jumped 15.4% to USD5.7.
Financial Results: The company reported a net profit of RMB122 million for Q4, a turnaround from a loss of RMB7.132 billion in the same quarter last year.
Revenue Growth: Total quarterly revenue reached RMB34.65 billion, marking a year-over-year increase of 75.9% and a quarter-over-quarter increase of 59%.
Gross Profit Surge: Gross profit for the quarter was RMB6.074 billion, reflecting a substantial year-over-year growth of 163.1% and a quarter-over-quarter increase of 100.8%.
NIO-SW Shares Surge 15% Following Announcement of Adjusted Profit for Previous Quarter
Stock Performance: NIO-SW (09866.HK) opened 15% higher at HKD43.86, with a trading volume of 214,000 shares and short selling amounting to $88.82 million, reflecting a short ratio of 42.943%.
Financial Results: The company reported a net profit of RMB122 million for 4Q25, a significant turnaround from a loss of RMB7.132 billion in the same quarter the previous year, with earnings per share (EPS) at RMB5 cents.
Revenue Growth: Total revenue for the quarter increased by 75.9% year-over-year (YoY) and 59% quarter-over-quarter (QoQ) to RMB34.65 billion.
Gross Profit Surge: Gross profit rose dramatically by 163.1% YoY and 100.8% QoQ, reaching RMB6.074 billion.
JPM: NIO's Q4 2025 Results Align with Expectations; Surprising Guidance for This Year
4Q25 Results: NIO-SW's fourth quarter results were in line with expectations, with preliminary operating profit exceeding forecasts, according to JPMorgan's report.
2026 Sales Guidance: Despite challenges like weak demand and rising costs, NIO's management projects a 40-50% increase in sales for 2026, surpassing JPMorgan's estimate of 30%.
Analyst Ratings: Nomura upgraded NIO to a Buy rating with a target price of USD 6.6, while JPMorgan maintained an Overweight rating with a target price of USD 7.
Short Selling Data: As of March 10, 2026, NIO-SW experienced significant short selling, amounting to $88.82 million, with a ratio of 42.943%.
Nomura Raises NIO (NIO.US) Rating to Buy with Target Price of USD 6.6, Anticipates Breakeven by 2026
Nomura's Positive Outlook: Nomura has upgraded NIO-SW (09866.HK) to a Buy rating, citing improvements in the company's business and financial performance, indicating it has entered a healthy business cycle.
Target Price Adjustment: The target price for NIO (NIO.US) has been adjusted from US$8.4 to US$6.6 following the positive assessment.
Margin Forecasts Increased: Nomura has raised its gross and operating margin forecasts for NIO-SW for 2026 and 2027, anticipating a non-GAAP operating profit break-even by 2026.
Citi's Expectations: Citi expects NIO-SW's 1Q non-GAAP net loss to be controlled within RMB900M and maintains a Buy rating on the stock.
Citi Assigns Buy Rating to NIO (NIO.US); 1Q Revenue Forecast Considered Ambitious
NIO's Revenue Guidance: NIO has projected a strong revenue growth of 103-109% for Q1 2026, anticipating car sales of 35,000 units in March, according to a Citi research report.
Market Performance: NIO's stock has seen a significant increase of 15.994%, with short selling amounting to $88.82 million and a ratio of 42.943%.
Analyst Upgrades: Nomura has upgraded NIO to a Buy rating with a target price of USD 6.6, while Citi has set a target price of USD 6.2, also rating it as a Buy.
Sales and Pricing Insights: Even with a potential 33% decline in car sales quarter-over-quarter, NIO's average price is expected to rise by 5.7%, assuming other revenue remains at RMB 2.95 billion for Q1 2026.
Citi Anticipates NIO-SW (09866.HK) 1Q Non-GAAP Net Loss to Remain Under RMB900M, Maintains Buy Rating
Citi Research Forecast: Citi Research anticipates NIO-SW will achieve a gross profit margin of 17.3% in Q1 2026, driven by a shift towards higher-end models and effective cost control measures.
Non-GAAP Net Loss Projection: The broker estimates that NIO-SW's non-GAAP net loss for Q1 2025 will be contained within RMB900 million, despite it being a traditionally low sales season.
Stock Rating and Target Prices: Citi maintains a "Buy" rating on NIO-SW, setting target prices at $47.3 for H-shares and $6.2 for ADR.
Market Activity: As of March 10, 2026, NIO-SW experienced significant short selling activity amounting to $88.82 million, with a short selling ratio of 42.943%.
NIO (NIO.US) ADR Soars Over 15% as Quarterly Loss Transforms into Profit
Stock Performance: NIO-SW shares rose by 14.997%, with a significant increase in ADR, which jumped 15.4% to USD5.7.
Financial Results: The company reported a net profit of RMB122 million for Q4, a turnaround from a loss of RMB7.132 billion in the same quarter last year.
Revenue Growth: Total quarterly revenue reached RMB34.65 billion, marking a year-over-year increase of 75.9% and a quarter-over-quarter increase of 59%.
Gross Profit Surge: Gross profit for the quarter was RMB6.074 billion, reflecting a substantial year-over-year growth of 163.1% and a quarter-over-quarter increase of 100.8%.
