🔥Stock Prediction: How will NIO close on 1/3 following it's earnings?
Click to vote. Can you predict where$NIO Inc.(NIO)$ will move following their earnings? If you get the right answers, You may divide 1000 Tiger Coins with other Tigers. In addition, you have the chance of winning Tiger Gifts
$NIO Inc.(NIO)$ is scheduled to announce its Q4earnings results before the market opens on Wednesday, 1st March 2023. Lets's guess where NIO will move following their earnings? To set a reminder, please click here
💡Highlights of this quarter:
Previously released data showed the company delivered 40,052 vehicles in the fourth quarter, below its initial guidance range of 43,000 to 48,000, but above the lowered guidance of 38,500 to 39,500 vehicles.Deutsche Bank analyst Edison Yu's team said the fourth quarter will be a weak one for NIO, with margin downside risk and a weak outlook for first-quarter sales. But as the year progresses, a significant improvement can be expected in the second half, if new models ramp up as planned and scale up accordingly.
✅NIO Q4 earnings consensus
The company's revenue guidance for the fourth quarter was RMB 17.37 billion to RMB 19.23 billion when it reported its third-quarter earningson November 10. It gave no new revenue guidance when it lowered its delivery guidance on December 27. Wall Street Consensus Estimate for EPS has been RMB -6.56 per share over the past 30 days. The consensus mark for revenues is currently pegged at RMB 50.79 billion.
💰Activity Details
- Click tovote. Guess where $NIO Inc.(NIO)$ will move following their earnings? If you get the correct answer, you may divide 1000 Tiger Coins with other Tigers.
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⏰Event Time
The deadline for this event is 21:00 on 1st March 2023, SGT
🔥Don't forget to follow@Tiger_Earnings, Tiger's official account for providing key information during earnings season📖📖📖$NIO Inc.(NIO)$$NIO Inc.(NIO.SI)$$NIO-SW(09866)$
🔥Stock Prediction: How will NIO close on 1/3 following it's earnings?(Single choice)Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
🌟🌟🌟$NIO Inc.(NIO)$
has been on a downward trend lately. Its share price has dropped 7% in the past 5 days and it is down a massive 59% in the past year.
Nio is currently facing intense competition from other EV manufacturers especially Tesla, the latter has cut its EV prices by 20% globally. While Tesla is profitable, Nio is not. Even though its 3rd quarter revenue increased by 33% to USD 1.8 billion, its net losses went up by almost 400% to USD 578 million.
Nio is also facing macro headwinds with high inflation, rising interest rates and slowing global economy with the possibility of recession.
I forecast that Nio's share price will be in the red, between USD 8.80 to USD 9.00.
@Tiger_Earnings
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@rL @LMSunshine @GoodLife99 @Aqa @HelenJanet @koolgal @Universe宇宙
@LMSunshine @CL Wong
Where do we click to vote? Anyway my answer is that Nio will be Flat between -5 and +5. Nio’s current price is 9.33 USD.
For example, If 10 Tigers get the right answer, each will receive 100 Tiger Coins. If 100 Tigers get the right answer, each will receive 10 Tiger Coins. [Chuckle]
@LMSunshine @Mrzorro @Aqa @Fenger1188 @GoodLife99 @rL @SirBahamut @HelenJanet @pekss @Korer @JC888 @melson
Forecasted EPS is -$0.26 [Surprised] [Surprised]
would say that is an overestimate in reaction to how much the previous 2 forecasts have missed. [Great] [Great]
would expect the actual EPS to beat this forecast, but not by much, personally expect it to be slightly better than -$0.20 [Bless] [Bless]
with an earnings beat, it would be a catalyst for short term bullish trend, expect it to spike well more than 5% on market open, slightly pullback and still close up more than 5%
[Victory] [Victory]
Nio’s closing price on the 1 Mar will be between 9.45 USD to 9.15 USD. Hope these are acceptable figures.