Latest news with #NIO
Yahoo
7 hours ago
- Automotive
- Yahoo
NIO Expects Y/Y Rise in Q2 Deliveries: What are the Growth Agents?
NIO Inc. NIO introduced upgraded versions of four key models, the EC6, ES6, ET5, and ET5T, at the end of May and has recently started deliveries of all four. These models are expected to see their first full month of deliveries in June. On the strength of these new launches, NIO anticipates a year-over-year rise in both June and second-quarter deliveries. The company expects June deliveries in the range of 25,000 and 28,000 units, up from 21,209 units in the same month last year. For the second quarter, NIO expects to deliver between 72,000 and 75,000 vehicles, indicating a 25.5% to 30.7% year-over-year the first quarter of 2025, NIO delivered a total of 42,094 smart EVs, representing a 40.1% year-over-year increase. The deliveries include 27,313 units under the NIO brand and 14,781 from ONVO. Since the beginning of the second quarter, deliveries have gained momentum, driven by the initial rollout of the ET9 and FIREFLY models as well as strong demand for the ONVO L60. FIREFLY is a smart electric high-end small car brand for which deliveries started in late April. NIO carries a Zacks Rank #3 (Hold) at present. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks local competitors, Li Auto Inc. LI & XPeng Inc. XPEV, also expect year-over-year growth in second quarter deliveries. Li Auto expects its vehicle deliveries for the second quarter of 2025 to range between 123,000 and 128,000 units, indicating year-over-year growth of 13.3% to 17.9%. In the first quarter of 2025, the company delivered 92,864 units, up 15.5% compared to the same period last year. Over the past month, Li Auto has completed a full upgrade of its entire vehicle lineup, introducing updated versions across all expects to deliver around 102,000 and 108,000 vehicles in the second quarter of 2025, indicating year-over-year growth of approximately 237.7% to 257.5%. In the first quarter, XPeng delivered 94,008 units, up 330.8% from 21,821 vehicles delivered during the same period in 2024. NIO has underperformed the Zacks Automotive-Domestic industry year to date. NIO shares have lost 30.1% compared to the industry's growth of 4.1%. Image Source: Zacks Investment Research From a valuation perspective, NIO appears overvalued. Going by its price/sales ratio, the company is trading at a forward sales multiple of 0.81, higher than its industry's 0.50. Image Source: Zacks Investment Research The Zacks Consensus Estimate for 2025 and 2026 EPS has moved up 5 cents and declined by a penny, respectively, in the past seven days. Image Source: Zacks Investment Research 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
Time of India
a day ago
- Time of India
Goa mangrove plan to focus on non-intrusive tourism
Panaji: State govt has prepared a mangrove management plan with focus on enhancing non-intrusive eco-tourism activities such as guided nature walks, bird watching, non-motorised boat rides, develop an integrated tourism plan and infrastructure that blends with natural surroundings. The plan is aimed at enhancing mangrove ecosystem integrity, promoting sustainable management and facilitating the rational utilisation of mangrove resources along the Goa coast. The plan outlines priority actions for the administration, management, facilitation and control of mangrove development and management along the Goa coast. It will resolve conflicts between mangrove conservation and Khazan land conservation through scientific methods, utilising mangrove encroacher data and stakeholder knowledge. To conserve and enhance mangrove areas for biodiversity conservation, coastal stabilisation, erosion control, and ecological services, the plan also emphasises the need for biodiversity mapping, including shellfish species, wild stock, breeding grounds of fishes, sacred groves, and mangrove areas that serve as homes for wildlife and migratory birds. The plan encourages the restoration of degraded mangrove areas and the expansion of habitats that are not only resilient to climate change, but can help mitigate climate change. It also aims to promote community participation in mangrove restoration and resource management. The plan also focuses on promoting sustainable eco-tourism and recreation in mangrove areas and protecting mangrove areas of a specific size with a 50m buffer zone on all sides. 'To leverage the institutional capacities of forest department, environment department and other institutes like Goa University, NIO and NGOs by fostering research projects that benefit the state's mangrove ecosystems,' the plan said.
Business Insider
2 days ago
- Automotive
- Business Insider
‘Don't Jump the Gun,' Says Investor About Nio Stock
Nio (NYSE:NIO) has long been viewed as one of China's most promising EV startups, but the company continues to struggle for footing in a market dominated by heavyweights like Tesla and BYD. Despite early promise, Nio remains unprofitable, and its sales performance – along with a pattern of missed revenue estimates in seven of the past ten quarters – underscores the challenges it faces. Confident Investing Starts Here: That trend continued with the company's Q1 2025 earnings report on Tuesday, which fell short on both the top and bottom lines. Revenue came in at $1.67 billion, missing expectations by $56.14 million, while EPS of -$0.42 was $0.05 below forecasts. Operating losses also widened, rising 19% year-over-year. It wasn't all doom and gloom, however, as NIO's delivery of 42,094 EVs in Q1 2025 marked a 40.1% y/y increase. In addition, Q2 deliveries are projected to rise by 25.5% to 30.7% y/y, partly driven by the company's newly launched economy ONVO brand. Could this be a sign that things are turning around for the beleaguered EV firm? While the widely-followed investor Bill Maurer sees potential, he is not quite ready to jump the gun just yet. 'The company seemingly has a solid growth story ahead of it, but it really needs to execute better,' the investor opined. Maurer also pointed out that while the Q2 delivery outlook shows growth, it's not exactly a home run given the addition of new sub-brands. On top of that, Nio's revenue guidance for the current quarter came in below expectations, raising eyebrows at a time when analysts had already been lowering their forecasts. 'The Onvo ramp is doing much worse than expected, and margins are not improving fast enough to really limit large losses,' adds Maurer. The investor's optimism is further dimmed due to the company's weakening balance sheet, as cash and investments fell from $5.7 billion to $3.6 billion during the past quarter. Maurer would therefore not be surprised to see more value-diluting capital raises coming up on the horizon. 'The balance sheet weakness along with the continued miss of previous growth targets has me a little skeptical currently,' concludes Maurer, who gives NIO shares a Hold (i.e. Neutral) rating. (To watch Maurer's track record, click here) That seems to be the general opinion on Wall Street as well. With 2 Buy, 7 Hold, and 1 Sell recommendations, NIO carries a consensus Hold rating. That said, its 12-month average price target of $4.74 implies an upside of 26% from current levels. (See NIO stock forecast) To find good ideas for stocks trading at attractive valuations, visit TipRanks' Best Stocks to Buy, a tool that unites all of TipRanks' equity insights.
Yahoo
2 days ago
- Automotive
- Yahoo
NIO's Q1 Loss Wider Than Expected, Revenues Increase Y/Y
NIO Inc. NIO incurred a loss per American Depositary Share ('ADS') of 45 cents in the first quarter of 2025, which was wider than the Zacks Consensus Estimate of a loss of 22 cents. The company reported a loss of 36 cents in the year-ago quarter. This China-based electric vehicle maker posted revenues of $1.66 billion, which missed the Zacks Consensus Estimate of $1.71 billion but rose 20.85% year over year due to higher delivery volumes. NIO Inc. price-consensus-eps-surprise-chart | NIO Inc. Quote It delivered 42,094 vehicles in the first quarter, up 40.1% year over year, including 27,313 vehicles from NIO and 14,781 from ONVO. Revenues generated from vehicle sales amounted to $1.37 billion, up 18% year over year. The rise in sales was mainly attributable to an increase in delivery volume. Other sales of $288.8 million rose 36.5% on a year-over-year basis. Gross profit was $126.7 million, up 87.7% reported in the year-ago quarter. Vehicle margin in the reported quarter climbed to 10.2% from 9.2% in the first quarter of 2024, due to lower material cost per unit. Gross margin was 7.6%, up from 4.9% in the year-ago quarter. The rise was attributable to an increase in sales from parts, accessories and after-sales vehicle services. Research & development costs amounted to $438.4 million, which rose 10.5% year over year. Selling, general & administrative costs were $606.4 million, up 46% year over year. As of March 31, 2025, cash and cash equivalents totaled $3.6 billion and long-term debt amounted to $1.28 billion. For second-quarter 2025, NIO projects deliveries in the range of 72,000-75,000 vehicles, implying a rise of 25.5-30.7% year over year. Revenues are estimated between $2,689 million and $2,765 million. (Find the latest EPS estimates and surprises on Zacks Earnings Calendar.) NIO currently carries a Zacks Rank #4 (Sell). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Autoliv Inc. ALV reported first-quarter 2025 adjusted earnings of $2.15 per share, which beat the Zacks Consensus Estimate of $1.72 and rose 37% year over year. The company reported net sales of $2.58 billion in the quarter. The figure beat the Zacks Consensus Estimate of $2.47 billion but fell 1.4% year over year. Autoliv had cash and cash equivalents of $322 million as of March 31, 2025. Long-term debt totaled $1.57 billion. Operating cash flow in the quarter under review was $77 million and capital expenditure amounted to $93 million, resulting in a negative free cash flow of $16 million. In the quarter, ALV paid a dividend of 70 cents per share and repurchased 0.5 million shares. Mobileye Global Inc. MBLY reported first-quarter 2025 adjusted earnings per share of 8 cents. The figure was in line with the Zacks Consensus Estimate. The company reported a loss of 7 cents per share in the year-ago quarter. Total revenues amounted to $438 million, beating the Zacks Consensus Estimate of $434 million. The metric also rose 83% year over year. MBLY had cash and cash equivalents of $1.51 billion as of March 29, 2025, compared with $1.43 billion as of Dec. 28, 2024. Operating cash flow for the three months ended March 29, 2025, was $109 million. Capex was $14 million during the same time frame. Group 1 Automotive GPI reported first-quarter 2025 adjusted earnings per share of $10.17, which beat the Zacks Consensus Estimate of $9.68 and rose 7.17% year over year. The automotive retailer registered net sales of $5.51 billion, beating the Zacks Consensus Estimate of $5.34 billion. The top line also rose from the year-ago quarter's $4.47 billion. Group 1 had cash and cash equivalents of $70.5 million as of March 31, 2025, up from $34.4 million as of Dec. 31, 2024. Total debt was $2.8 billion as of March 31, 2025, down from $2.91 billion as of Dec. 31, 2024. 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 Autoliv, Inc. (ALV) : Free Stock Analysis Report Group 1 Automotive, Inc. (GPI) : Free Stock Analysis Report Mobileye Global Inc. (MBLY) : Free Stock Analysis Report NIO Inc. (NIO) : 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
Business Wire
2 days ago
- Automotive
- Business Wire
Keysight and NIO Pioneer the Next Generation of Smart Electric Vehicles
SANTA ROSA, Calif.--(BUSINESS WIRE)-- Keysight Technologies, Inc. (NYSE: KEYS) has enabled NIO to successfully validate the wireless systems in its smart electric vehicles using Keysight network emulation solutions. As a result, NIO's vehicles now comply with 3GPP and IEEE 802.11 standards and deliver improved connectivity and performance to support the next generation of electric vehicle development. As vehicles become more connected to the world, there are several challenges to address, including ensuring compliance with evolving standards like 3GPP and IEEE 802.11 to guarantee reliable connectivity. Enhancing connectivity performance is crucial for features such as autonomous driving, real-time navigation, and in-car entertainment. To optimize the production and operational efficiency of smart vehicles, advanced automation, AI integration, and robust data interoperability are essential. Maintaining a competitive edge in this rapidly evolving market requires continuous innovation and adaptation to meet consumer and regulatory requirements. Keysight's network emulation solutions tackle this challenge by providing extensive testing for 3GPP and IEEE 802.11 for Wi-Fi 7, 4G, and 5G, as well as 5G New Radio (NR), Long-Term Evolution (LTE), vehicle-to-everything (V2X) and internet of things (IoT) radio frequency testing. The emulation capabilities enable NIO to meet the growing demands of smart mobility while still ensuring safety, compliance, and reliability. Key benefits include: High performance and improved reliability: by ensuring compliance with the latest 3GPP and IEEE standards, NIO's solutions achieve both performance and reliability helping to accelerate innovation. Improved time-to-market: with a streamlined and comprehensive testing process, NIO can identify any potential challenges earlier in the development process to increase speed to market. Optimized efficiency: with the rapid identification and resolution of RF performance issues, NIO can ensure agility in launching new solutions. Thomas Goetzl, Vice President and General Manager of Keysight's Automotive and Energy Solutions, said: 'Keysight's collaboration with NIO underscores the importance of rigorous testing and validation when it comes to delivering high-performing, future-ready vehicles. We are committed to driving technological innovation. This means working with our partners to ensure they have the tools and solutions needed to meet industry standards while also developing vehicles with safety, performance, and user experience at the heart.' Resources About Keysight Technologies At Keysight (NYSE: KEYS), we inspire and empower innovators to bring world-changing technologies to life. As an S&P 500 company, we're delivering market-leading design, emulation, and test solutions to help engineers develop and deploy faster, with less risk, throughout the entire product life cycle. We're a global innovation partner enabling customers in communications, industrial automation, aerospace and defense, automotive, semiconductor, and general electronics markets to accelerate innovation to connect and secure the world. Learn more at Keysight Newsroom and
