Latest news with #ONVOL90
Business Insider
3 days ago
- Automotive
- Business Insider
Do Analysts See More Upside in NIO Stock After the Recent Rally?
Nio (NIO) stock has risen 21% over the past month, as investors cheered the Chinese electric vehicle (EV) maker's efforts to improve margins, new launches, and resilient deliveries. However, NIO stock is still down 2.5% year-to-date amid intense competition in the Chinese EV market, macro challenges, and an uncertain path to profitability. Despite improved investor sentiment, most Wall Street analysts remain cautious on NIO stock and see a modest upside potential from current levels. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. Analysts Are Cautious on NIO Stock Nio delivered 24,925 vehicles in June 2025, reflecting a year-over-year increase of 17.5%. Overall, the company's Q2 deliveries grew 25.6% year-over-year to 72,056 units. The company is optimistic about its upgraded models, including the ET5 Sedan and ET5 Touring, the recently launched ONVO L90, and upcoming launches, such as the L80 in Q4 2025. However, profitability concerns continue to weigh on Nio. Despite higher sales, the company reported a wider-than-anticipated loss for Q1 2025. Recently, Morgan Stanley analyst Tim Hsiao reiterated a Buy rating on NIO stock with a price target of $5.90. Reacting to the launch of the ONVO L90 SUV, Hsiao noted that the deliveries for this model will commence on August 1. He also noted the various features of the L90 and stated that although he 'strongly' recognizes the new model's advantages in a competitive market, 'beating market expectations isn't without challenges considering ONVO's unsatisfactory track record of execution and inferior brand awareness.' Hsiao believes that it would require additional effort for ONVO to leverage L90 and the upcoming L80 to overcome these shortcomings. Last month, Goldman Sachs analyst Tina Hou upgraded NIO stock to Hold from Sell and slightly increased the price target to $3.80 from $3.70. The 4-star analyst upgraded the rating on NIO stock on early signs that the Chinese EV maker's operating cost cuts may help address margin pressures. Hou noted that the company is targeting 20% to 25% of operating expenses savings through various initiatives, including integration across business units and headcount reductions. However, Hou remains sidelined on NIO stock due to cash flow concerns, high debt levels, and volume growth amid rising competition in the EV industry. Is Nio Stock a Buy, Hold, or Sell? Overall, Wall Street is sidelined on NIO stock based on six Holds, two Buys, and one Sell recommendation. The average NIO stock price target of $4.50 indicates a 6% upside potential from current levels.
Yahoo
6 days ago
- Business
- Yahoo
Trending tickers: The latest investor updates on Lionsgate, Nio, Boeing, AstraZeneca and Fresnillo
Shares in Lionsgate (LION) surged nearly 20% on Friday and were up nearly another 2% in pre-market trading on Monday morning, following reports that Legendary Entertainment was considering a takeover of the film studio. Bloomberg reported on Friday that Legendary first approached the company after Lionsgate finalised its separation from Starz Entertainment Corp in May, citing people familiar with the matter. Read more: FTSE 100 LIVE: FTSE up and European markets dip amid fresh Trump tariff threats Lionsgate owns the rights to popular franchises John Wick and The Hunger Games, while Legendary is the studio behind the Dune trilogy. Legendary is backed by Apollo Global Management (APO), which owns Yahoo. Spokespeople for Lionsgate and Legendary had not responded to Yahoo Finance UK's request for comment at the time of writing. Hong Kong-listed shares in Nio ( jumped more than 11% on Monday, after the Chinese electric vehicle company unveiled a new line of SUVs. Nio founder and CEO William Li announced the start of pre-orders for its ONVO L90 SUVs at a launch event last week. According to statement from the company on Thursday, prices for SUVs will start at RMB 279,900 for full purchase and RMB 193,900 with Battery as a Service (BaaS) option. Nio said that the ONVO L90 SUVs will officially be launched by the end of July, with deliveries starting on 1 August in the Chinese market. The seven-seater vehicle was designed by former Bentley designer Raul Pires. Shares in Boeing (BA) were in focus after it was reported that the US Federal Aviation Administration (FAA) issued a notification that fuel switch locks on its planes were safe. Reuters reported on Sunday that the FAA's Continued Airworthiness Notification to Civil Aviation Authorities said: "Although the fuel control switch design, including the locking feature, is similar on various Boeing airplane models, the FAA does not consider this issue to be an unsafe condition that would warrant an Airworthiness Directive on any Boeing airplane models, including the Model 787." Stocks: Create your watchlist and portfolio The notification on 11 July came after a preliminary report into Air India's Boeing 787-8 crash last month, in which 260 people were killed. The report by India's Aircraft Accident Investigation Bureau (AAIB), released on Friday, said that fuel to the Boeing 787-8 Dreamliner engines was cut off shortly after the flight's take off on 12 June. The report said that switches controlling the fuel flow to the jet's engines had transitioned from "run" to "cutoff", hampering the thrust of the plane. On the London market, AstraZeneca (AZN.L) was one of the biggest risers on the FTSE 100 (^FTSE) on Monday morning, with shares up 1.8%. The rise in shares came after AstraZeneca said on Monday morning that its experimental drug baxdrostat had been successful in lowering high blood pressure in a late-stage study. Read more: Stocks that are trending today The pharma giant said that baxdrostat at two dose demonstrated a statistically significant and clinically meaningful reduction in mean seated systolic blood pressure (SBP) compared with placebo at 12 weeks. Dr Bryan Williams, chair of medicine at University College London and primary investigator in the trial, said: "The highly promising BaxHTN Phase III results show that once-daily baxdrostat on top of standard of care can meaningfully lower systolic blood pressure and offer a potential new treatment approach for controlling hypertension, the leading risk factor for cardiovascular disease." Miner Fresnillo (FRES.L) was the biggest riser on the FTSE 100 (^FTSE), with shares up more than 3% on Monday morning, supported by the rally in precious metals. Gold futures (GC=F) were up 0.4% on Monday morning to $3,378.20, amid the latest concerns about US tariffs. US president Donald Trump said the US would impose a 30% tariff on imports from Mexico and the EU starting 1 August, following weeks of stalled negotiations with both trading partners. Fears about this latest escalation in trade tensions buoyed demand for gold as a safe-haven asset. Silver prices also advanced on Monday, with the rise in both precious metals boosting the shares of Fresnillo. Read more: Bank of England's Bailey opposes cornerstone of Rachel Reeve's pension plans Longest 0% balance transfer credit card deals of the week How to start investing with an employee share scheme
Yahoo
07-06-2025
- Automotive
- Yahoo
DBS Maintains Hold Rating on NIO Inc. (NIO) Stock
On June 5, DBS analyst Rachel Miu maintained a Hold rating on NIO Inc. (NYSE:NIO) and set a price target of HK$38.00. The rating update came after the company reported its unaudited fiscal Q1 2025 results on June 3. The analyst stated that the company underwent a 19% year-over-year increase in vehicle revenue driven by a 40% rise in vehicle sales. However, lower average selling price because of a change in the product mix is causing challenges for the company's operations. A fleet of eco-friendly electric cars, a symbol of the company's commitment to sustainability. Miu also reasoned that while NIO Inc. (NYSE:NIO) experienced a minute improvement in its vehicle margin, underperformance in fiscal Q4 2024 and weaker-than-expected guidance for Q1 2025 are anticipated to negatively affect its near-term performance. NIO Inc. (NYSE:NIO) plans to launch a number of new brands and models in 2025, including the ONVO L90 and Firefly. However, the analyst stated that the transition to a new vehicle platform may trigger inconsistent sales trends until the stabilization of the production process. The analyst thus expects the non-GAAP net loss for fiscal year 2025 to widen, prompted by the expected rise in costs associated with the new stores, R&D, and brand marketing. While we acknowledge the potential of LYFT as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: and . Disclosure: None.
