- NIO Inc. reported delivering 20,176 vehicles in August 2024.
- This is a slight decrease of 1.6% compared to the previous month, which saw 20,498 deliveries.
- The company delivered 11,923 premium smart electric SUVs in August, down 0.3% month-over-month.
- There were 8,253 deliveries of premium smart electric sedans, representing a 3.3% decrease from the previous month.
- Analyst opinions include 19 buys, 12 holds, and 1 sell recommendation.
A look at NIO Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 1 | |
| Growth | 3 | |
| Resilience | 5 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 2.8 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
According to Smartkarma Smart Scores, NIO Inc. is expected to have a positive long-term outlook. With high scores in resilience and growth, the company appears well-equipped to weather economic uncertainties and sustain its expansion. NIO’s focus on manufacturing and selling electric vehicles, along with providing battery charging services, positions it strongly in the evolving automotive industry.
NIO’s resilience score of 5 underscores its ability to withstand market fluctuations and challenges, while its growth score of 3 indicates potential for continued development and market presence. Although areas like value and dividend score lower, the emphasis on innovation and market momentum, with a score of 3 in both categories, suggests a promising trajectory for NIO in the foreseeable future.
### NIO Inc. manufactures and sells automobiles. The Company offers electric vehicles and parts, as well as provides battery charging services. NIO serves customers worldwide. ###
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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