Latest news with #L60
Yahoo
a day ago
- Business
- Yahoo
Amazon is selling this 'very sturdy' $550 robot vacuum for $280, and shoppers 'absolutely love it'
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Amazon is selling this 'very sturdy' $550 robot vacuum for $280, and shoppers 'absolutely love it' originally appeared on TheStreet. It's one thing to have a good vacuum by your side, it's another to have to manage it all by yourself. You have to jerk it out of your closet, find the right outlet to plug it in, maneuver it around all the furniture in your home, and empty all the ugly debris you've collected more often than you'd think. Now you can skip all of those steps by grabbing the Eufy L60 Robot Vacuum with Self Emptying Station on sale at Amazon right now! The advanced smart appliance is typically listed for $550, but the online retailer is offering it at 49% off for $280. You not only get the robot vacuum, but also a charging station that empties captured dirt and dander all on its own. It's a two-for-one bundle that makes it easier than ever to clean your home. The Eufy L60 offers 5,000 Pa of suction power to capture hair, crumbs, and dust from surfaces. It also uses iPath Laser Navigation technology to scan rooms while cleaning to know where to vacuum and where to roll past. You can control it all without ever lifting a finger thanks to the Eufy mobile app that lets you start, stop, and schedule a cleaning for the L60. The cherry on top is the charging station, which features a 2.5-liter dust bag for emptying up to 60 days worth of trash. Even better, the station can cut through hair trapped in the roller brush, so you don't have to worry about than 6,000 Amazon shoppers gave the L60 (and its station) five-star ratings and reviews. One customer appreciated the "very slim" design of the robot vacuum that "continues to impress" with its smart features. Another customer called the vacuum "very sturdy" and "fairly quiet" while running. That same shopper summed it up well; "For $280, this vacuum rocks." The Eufy L60 Robot Vacuum with Self Emptying Station is an excellent addition to anyone's cleaning routine. It's got a powerful motor in its compact design and can glide across your floors trapping annoying garbage with minimal fuss. All of that comes with an advanced charging station that can maintain the vacuum on its own. Get it on Amazon for this amazing price. Amazon is selling this 'very sturdy' $550 robot vacuum for $280, and shoppers 'absolutely love it' first appeared on TheStreet on Jun 12, 2025 This story was originally reported by TheStreet on Jun 12, 2025, where it first appeared.
Yahoo
29-05-2025
- Business
- Yahoo
NIO Stock Sinks Ahead of Q1 Earnings: Is This a Buying Opportunity?
China-based EV company NIO Inc. NIO is slated to release first-quarter 2025 results on June 3, before the opening bell. The Zacks Consensus Estimate for the to-be-reported quarter is pegged at a loss of 22 cents a share on revenues of $1.71 billion. The loss estimate for the first quarter of 2025 has widened by 9 cents a share over the past 60 days. However, the bottom-line projection indicates an improvement from a loss of 36 cents reported in the year-ago period. The Zacks Consensus Estimate for quarterly revenues suggests year-over-year growth of 24.5%. Image Source: Zacks Investment Research For 2025, the Zacks Consensus Estimate for NIO's revenues is pegged at $13.8 billion, implying a rise of 51.4% year over year. The consensus mark for the 2025 bottom line is pegged at a loss of $1.16 per share, indicating an improvement from a loss of $1.51/share incurred in 2024. In the trailing four quarters, NIO surpassed EPS estimates once and missed thrice, with the average negative earnings surprise being 11.24%. NIO Inc. price-eps-surprise | NIO Inc. Quote Our proven model does not conclusively predict an earnings beat for NIO this season. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. That's not the case here. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter. NIO has an Earnings ESP of 0.00% and a Zacks Rank #3. You can see the complete list of today's Zacks #1 Rank stocks here. (Find the latest EPS estimates and surprises on Zacks Earnings Calendar.) For the three months ended March 31, NIO delivered 42,094 vehicles, up 40.1% year over year and within its projected range of 41,000-42,000 vehicles. In late March 2025, the company commenced delivery of the NIO ET9, its smart electric executive flagship. NIO has expanded beyond its luxury lineup with the launch of a more affordable ONVO brand. In the quarter to be reported, deliveries of L60 — ONVO's first product — totaled 14,781 units. Revenues for the quarter to be reported are expected to have benefited from increased deliveries. However, it is likely to have been somewhat offset by pricing pressure, thanks to stiff competition in the EV landscape. Amid the volume ramp-up and cost optimization of components and supply chains, vehicle margins are on an upward trend. The metric grew from 9.2% in the first quarter of 2024 to 13.1% in the fourth quarter. Encouragingly, NIO targets a vehicle margin of around 20% for 2025. On the flip side, NIO has been struggling with operational inefficiencies for several quarters. In the last reported quarter, SG&A expenses rose 22.8% year over year. This trend is likely to have continued due to higher personnel costs and increased spending on sales and marketing. High operating expenses may have hurt profit margins. Investments in battery swapping stations and store expansion could have further strained cash flow and overall finances. On a year-to-date basis, shares of NIO have declined 15.8%, underperforming the industry as well as its close peers — Li Auto LI and XPeng XPEV. While Li Auto has risen 16% so far this year, XPeng's rally has been exceptionally remarkable thanks to its aggressive push into autonomous driving and robotics. From a valuation perspective, NIO currently trades at a forward price-to-sales ratio of 0.49, well below Li Auto's 1.1 and XPeng's 1.4. Image Source: Zacks Investment Research NIO is making bold moves in the electric vehicle (EV) space. With a growing lineup of stylish SUVs and sedans, the company is also expanding into new segments through its ONVO and Firefly brands. Management expects vehicle sales to double in 2025 from 2024, signaling strong confidence in its demand and product strategy. A major advantage for NIO is its battery swap technology, which offers faster refueling and convenience compared to traditional charging. The company has built over 3,200 swap stations and recently partnered with battery giant CATL to grow this network even further. However, the road to profitability remains steep. NIO posted a massive $3 billion net loss in 2024. While management aims to break even by the fourth quarter of 2025, achieving this will be tough in China's cut-throat EV market. Aggressive price competition is likely to hurt margins across the board. After seven straight days of share price declines, it may be tempting to see NIO as a bargain. But this isn't the right time to buy or sell. The company's future depends on how well it can manage costs, hit vehicle margin targets and boost efficiency. Current shareholders should stay patient, while new investors should wait for clearer signs of financial improvement before jumping in. NIO has strong long-term potential but the near-term outlook is clouded by market pressure and unproven profitability. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report NIO Inc. (NIO) : Free Stock Analysis Report Li Auto Inc. Sponsored ADR (LI) : Free Stock Analysis Report XPeng Inc. Sponsored ADR (XPEV) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
18-04-2025
- Automotive
- Yahoo
Nio to Showcase Full Range of Brands at 2025 Shanghai Auto Show
Nio (NIO, Financials) said it will showcase vehicles from all three of its brands Nio, Onvo, and Firefly at the 2025 Shanghai auto show, scheduled for April 23 to May 2 at the National Exhibition and Convention Center in Shanghai. Warning! GuruFocus has detected 4 Warning Signs with NIO. The participation will mark the fifth time the Nio brand is featured at the biennial event, and the first for its two sub-brands, Onvo and Firefly. Firefly's first model, a compact battery electric vehicle, will launch on April 19 ahead of the show. Pre-sales for the model began in December during Nio Day 2024 at a price of 148,800 yuan ($20,350). Nio said it plans to share a booth with Firefly at location 7A16 in Hall 7.1H, positioned near BMW and Great Wall Motor. Onvo's booth will be located at 6B03 in Hall 6.2H, opposite Xiaomi EV. The company will also bring its flagship two-story Nio House showroom to the event, combining a vehicle display on the ground floor and a lounge and user activity area on the second. Onvo will present its L60 mid-size electric SUV and introduce the L90, a six-seat SUV equipped with an 85-kilowatt-hour battery pack. Firefly's compact model will appear on the same stage alongside Nio's primary lineup. Nio said it will also exhibit its 12 full-stack technologies at the show, including its in-house developed smart driving chip, Shenji NX9031, a steer-by-wire system, and a 900-volt high-performance electric drive system. The 2025 Shanghai auto show will feature 13 indoor halls, eight of which will showcase passenger vehicles, according to organizers. This article first appeared on GuruFocus.
Yahoo
04-04-2025
- Automotive
- Yahoo
Why Nio Stock Plunged 17.7% in March
With Nio (NYSE: NIO) stock rallying 12% by the 18th of last month, investors thought shares of the electric vehicle (EV) maker had finally bottomed. Unfortunately, their hopes were dashed soon after as Nio stock made a U-turn, hit a 52-week low, and ended March 17.7% lower, according to data provided by S&P Global Market Intelligence. A drop in deliveries, rising losses, and a share sale sent Nio stock tumbling in recent weeks. Nio's delivery numbers announced on March 1 were a mixed bag. Although its deliveries surged 62% year over year in February, they dropped 4.8% sequentially. Interestingly, while deliveries under Nio's flagship brand rose 15% over January, its mass-market sub-brand Onvo saw deliveries slip almost 32% sequentially. Days later, Nio reported a record net loss of $974 million for its fourth quarter, up 33% year over year despite 13% growth in vehicle sales. Nio's gross margin improved to 11.7% in Q4 from 7.5% in the year-ago quarter, but higher operating expenses ate into its bottom line as the company spent more money on marketing and promoting new brands and expanding its sales network. Nio's next announcement further hit the stock. Toward the end of March, Nio announced plans to sell nearly 136.8 million shares in offshore transactions for a price of 29.46 Hong Kong dollars per share. That meant a steep discount of 9.5% to the previous day's closing price on the Hong Kong stock exchange. Nio stock tumbled and hit a 52-week low of $3.57 on March 31. Nio is betting big on its sub-brands for growth. Onvo began deliveries of its first model, the L60 SUV, in September 2024 and is ready to launch its second model, the L90, in the coming weeks. Although Onvo deliveries fell in March, I'd wait for some quarters to see the trend since the beginning of the year around the Chinese New Year holiday is a seasonally weak period for auto sales. Meanwhile Nio's second sub-brand Firefly will launch its first model -- a compact hatchback -- on April 19. Nio's guidance also didn't disappoint. It expects to deliver between 41,000 and 43,000 vehicles in the first quarter, which would mean year-over-year growth of around 36% to 43%. Its Q1 revenue guidance also means potential growth of around 23% to 30% year over year. Nio's stock is about the cheapest it's ever been now on a price-to-sales ratio, but you'd want to keep an eye on its costs and financials as they could decide where the stock heads next. Nio says it is selling shares to raise money for research and development of EV technologies and new products, and to strengthen its balance sheet. I'd pay more attention to the latter, since Nio is burning cash, and its current assets even exceeded its current liabilities as of the end of the fourth quarter. Ever feel like you missed the boat in buying the most successful stocks? Then you'll want to hear this. On rare occasions, our expert team of analysts issues a 'Double Down' stock recommendation for companies that they think are about to pop. If you're worried you've already missed your chance to invest, now is the best time to buy before it's too late. And the numbers speak for themselves: Nvidia: if you invested $1,000 when we doubled down in 2009, you'd have $263,993!* Apple: if you invested $1,000 when we doubled down in 2008, you'd have $38,523!* Netflix: if you invested $1,000 when we doubled down in 2004, you'd have $494,557!* Right now, we're issuing 'Double Down' alerts for three incredible companies, and there may not be another chance like this anytime soon.*Stock Advisor returns as of April 1, 2025 Neha Chamaria has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Why Nio Stock Plunged 17.7% in March was originally published by The Motley Fool Sign in to access your portfolio
Yahoo
21-03-2025
- Automotive
- Yahoo
NIO Before Q4 Earnings: Buy the Stock Now or Wait for the Results?
China-based EV company NIO Inc. NIO is slated to release fourth-quarter 2024 results on March 21, before the opening bell. The Zacks Consensus Estimate for the to-be-reported quarter is pegged at a loss of 42 cents a share on revenues of $2.85 loss estimate for the fourth quarter of 2024 has widened by 2 cents a share over the past 60 days. However, the bottom-line projection indicates an improvement from a loss of 45 cents reported in the year-ago period. The Zacks Consensus Estimate for quarterly revenues suggests year-over-year growth of 18.3%. Image Source: Zacks Investment Research For 2025, the Zacks Consensus Estimate for NIO's revenues is pegged at $14.2 billion, implying a rise of 46.3% year over year. The consensus mark for the 2024 bottom line is pegged at a loss of $1.03 per share, indicating an improvement from a projected loss of $1.43 in 2024. In the trailing four quarters, NIO surpassed EPS estimates twice for as many misses, with the average earnings surprise being 2.31%. NIO Inc. price-consensus-eps-surprise-chart | NIO Inc. Quote Our proven model does not conclusively predict an earnings beat for NIO this season. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. That's not the case here. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter. NIO has an Earnings ESP of -4.76%% and a Zacks Rank #3. You can see the complete list of today's Zacks #1 Rank stocks here. For the three months ended Dec. 31, NIO delivered 72,689 vehicles, up 45.2% year over year. This figure also reflects a rise from 61,855 units delivered in the third quarter of 2024. The fourth-quarter deliveries set a new quarterly record for the company, within its projected range of 72,000-75,000 vehicles. NIO has expanded beyond its luxury lineup with the launch of a more affordable ONVO brand. In September, deliveries of L60 — ONVO's first product — commenced. In the fourth quarter of 2024, 19,929 L60 units were sold. L60 is cheaper than EV giant Tesla's TSLA Model Y in China, giving tough competition to TSLA's Model Y in the country. Revenues for the quarter to be reported are expected to have benefited from increased deliveries. However, it is likely to have been somewhat offset by pricing pressure, thanks to stiff competition in the EV landscape. Amid the volume ramp-up and cost optimization of components and supply chains, vehicle margins are on an upward trend. The metric grew to 9.2% in the first quarter of 2024, 12.2% in the second quarter and 13.1% in the third quarter. The trend is expected to continue in the to-be-reported quarter. Encouragingly, NIO targets a vehicle margin of around 15% for the fourth quarter of 2024. NIO has been struggling with operational inefficiencies for several quarters. In the last reported quarter, SG&A expenses rose 13.8% year over year. This trend is likely to have continued due to higher personnel costs and increased spending on sales and marketing. High operating expenses may have hurt profit margins. Investments in battery swapping stations and store expansion could have further strained cash flow and overall finances. On a year-to-date basis, shares of NIO have declined 12.4%, outperforming the industry but underperforming its close peers — Li Auto LI and XPeng XPEV. Image Source: Zacks Investment Research NIO is currently trading at a forward sales multiple of 0.69, higher than the industry but lower than XPEV and LI. Image Source: Zacks Investment Research NIO is expanding its presence in the EV market with a strong lineup of SUVs and sedans. The launch of the ONVO brand and the upcoming Firefly brand aim to boost deliveries further. The company expects vehicle sales in 2025 to double from the 2024 levels. Despite its growth efforts, NIO faces challenges. Strong competition may force price cuts, impacting profitability. The company has yet to achieve a full-year profit due to high R&D and expansion costs. While it aims for higher EV sales next year, rising expenses from ONVO's expansion and pricing pressures could hurt margins. External risks, such as tariffs and trade tensions, add further uncertainty. Additionally, NIO's cash reserves are shrinking (from RMB 32.9 billion in December 2023 to RMB 23.7 billion in September 2024), raising concerns about financial flexibility. For now, investors should closely watch whether NIO meets its vehicle margin targets and improves operating efficiency. New investors should wait for clearer signs of profitability before jumping to buy the stock. However, existing shareholders should hold their positions, as long-term growth prospects remain intact despite near-term headwinds. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Tesla, Inc. (TSLA) : Free Stock Analysis Report NIO Inc. (NIO) : Free Stock Analysis Report Li Auto Inc. Sponsored ADR (LI) : Free Stock Analysis Report XPeng Inc. Sponsored ADR (XPEV) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
