Those are some nice gains, but they pale in comparison to the Street’s expectations going by the $36.75 average target, shares will climb 62% higher over the 12-month timeframe. (To watch Hsiao’s track record, click here) In fact, while conversations are still expected to center around how strong demand is right now, given a strong line-up which “provides better visibility and predictability,” investors should find NIO intriguing, according to Hsiao.Įven if over the short-term new models are unable to generate positive cash flow, Hsiao believes NIO’s addressable market will be impressed by the “enhanced model bandwidth across segments (sedan, SUV, crossover) and attractive pricing.” And this could provide a boost to NIO’s “competitive position and growth outlook into 2023.”Īccordingly, Hsiao rates NIO stock an Overweight (i.e., Buy), while his $31 price target makes room for one-year growth of 37%. “It could also further support the shares ahead of an intense delivery schedule starting from August.” “We believe that if the company can report a solid sales bounce of 11-13k in June, this should help NIO restore investor confidence,” Hsiao opined. Moreover, the analyst is also of the mind investors have now moved beyond margin concerns with most questions now “focused on volume trajectories by models.” And there’s a way here for investors to get more constructive. However, although Hsiao believes another QoQ 3-4ppt contraction in Q2 is most probably on the way, he thinks the margin trough is nearby. Morgan Stanley analyst Tim Hsiao attributes the strong showing to a few key drivers.įirst off, Q1’s 18% gross margin might have amounted to a sequential drop of 2.7ppt and took the market by surprise – and not in a good way. This month, all the main indexes have continued to put in an abject display, but shares of the Chinese EV maker have defied the market and are up ~30%.
However, that appears to be the case for NIO ( NIO ) in recent times.
Antigua and Barbuda, Aruba, Australia, Austria, Bahamas, Bahrain, Bangladesh, Barbados, Belgium, Belize, Bermuda, Bolivia, Brazil, Brunei Darussalam, Bulgaria, Cambodia, Canada, Cayman Islands, Chile, China, Colombia, Costa Rica, Croatia, Republic of, Cyprus, Czech Republic, Denmark, Dominica, Dominican Republic, Ecuador, Egypt, El Salvador, Estonia, Finland, France, French Guiana, Germany, Gibraltar, Greece, Grenada, Guadeloupe, Guatemala, Guernsey, Honduras, Hong Kong, Hungary, Iceland, Indonesia, Ireland, Israel, Italy, Jamaica, Japan, Jersey, Jordan, Korea, South, Kuwait, Latvia, Liechtenstein, Lithuania, Luxembourg, Macau, Malaysia, Maldives, Malta, Martinique, Mexico, Monaco, Montserrat, Netherlands, New Zealand, Nicaragua, Norway, Oman, Pakistan, Panama, Paraguay, Peru, Philippines, Poland, Portugal, Qatar, Reunion, Romania, Saint Kitts-Nevis, Saint Lucia, Saudi Arabia, Singapore, Slovakia, Slovenia, South Africa, Spain, Sri Lanka, Sweden, Switzerland, Taiwan, Thailand, Trinidad and Tobago, Turks and Caicos Islands, United Arab Emirates, United Kingdom, United States, VietnamĪPO/FPO, Afghanistan, Alaska/Hawaii, Albania, Algeria, American Samoa, Andorra, Angola, Anguilla, Argentina, Armenia, Azerbaijan Republic, Belarus, Benin, Bhutan, Bosnia and Herzegovina, Botswana, British Virgin Islands, Burkina Faso, Burundi, Cameroon, Cape Verde Islands, Central African Republic, Chad, Comoros, Congo, Democratic Republic of the, Congo, Republic of the, Cook Islands, Côte d'Ivoire (Ivory Coast), Djibouti, Equatorial Guinea, Eritrea, Ethiopia, Falkland Islands (Islas Malvinas), Fiji, French Polynesia, Gabon Republic, Gambia, Georgia, Ghana, Greenland, Guam, Guinea, Guinea-Bissau, Guyana, Haiti, India, Iraq, Kazakhstan, Kenya, Kiribati, Kyrgyzstan, Laos, Lebanon, Lesotho, Liberia, Libya, Macedonia, Madagascar, Malawi, Mali, Marshall Islands, Mauritania, Mauritius, Mayotte, Micronesia, Moldova, Mongolia, Montenegro, Morocco, Mozambique, Namibia, Nauru, Nepal, Netherlands Antilles, New Caledonia, Niger, Nigeria, Niue, Palau, Papua New Guinea, Puerto Rico, Russian Federation, Rwanda, Saint Helena, Saint Pierre and Miquelon, Saint Vincent and the Grenadines, San Marino, Senegal, Serbia, Seychelles, Sierra Leone, Solomon Islands, Somalia, Suriname, Svalbard and Jan Mayen, Swaziland, Tajikistan, Tanzania, Togo, Tonga, Tunisia, Turkey, Turkmenistan, Tuvalu, US Protectorates, Uganda, Ukraine, Uzbekistan, Vanuatu, Vatican City State, Venezuela, Virgin Islands (U.S.“Share outperformance.” Now there’s a vintage term which on account of the stock market’s woeful action in 2022 might be somewhat forgotten.
0 kommentar(er)
