Buy, Sell or Hold This Mid Cap EV Stock-NIO

Acrobull Canada Advisory Inc.

January 13			2025
Name	Ticker	Sector/Industry		Market Cap	Risk Factor
NIO Inc.	NIO-NYSE	Consumer Cyclical		$8.878 Billion	Medium

NIO Inc. designs, develops, manufactures, and sells smart electric vehicles in China. It offers five and six-seater electric SUVs, as well as smart electric sedans. The company also offers power solutions, including Power Home, a home charging solution.

Recent Highlights

Ambitious Targets- NIO Inc. (NIO, Financial) saw its stock gain 0.96% to $4.21 in pre-market trade. The corporation has set a lofty sales target for 2025, intending to treble its sales from 2024. NIO expects to sell roughly 444,000 automobiles by 2025.

NIO expects to deliver 221,970 new vehicles in 2024, representing a 38.7% increase over the previous year. This ambitious goal underscores NIO's commitment to extending its market footprint and scaling up operations to satisfy rising demand for electric vehicles.

Third Quarter 2024 Financial Highlights

Total revenues in the third quarter of 2024 were RMB18,673.5 million (US$2,661.0 million), representing a decrease of 2.1% from the third quarter of 2023 and an increase of 7.0% from the second quarter of 2024.

Gross profit in the third quarter of 2024 was RMB2,007.4 million (US$286.0 million), representing an increase of 31.8% from the third quarter of 2023 and an increase of 18.9% from the second quarter of 2024.

Vehicle sales were RMB16,697.6 million (US$2,379.4 million) in the third quarter of 2024, representing a decrease of 4.1% from the third quarter of 2023 and an increase of 6.5% from the second quarter of 2024.

Total revenues were RMB18,673.5 million (US$2,661.0 million) in the third quarter of 2024, representing a decrease of 2.1% from the third quarter of 2023 and an increase of 7.0% from the second quarter of 2024.

Stock Observation- The company’s stock performance has been impacted by the geo political situation however roots remain intact. The RSI level for the stock is at 43 which shows oversold conditions. The customers looking for a volatile stock with possible high gains may choose to invest in it.

Risk Involved- Financial performance of the company may have an impact on the company stock performance.

Considering all the factors and financials of the company Acrobull Canada Advisory Inc. maintains Customer Choose Watch for the stock.

Disclaimer- Though our research is fundamentally and technically based on Acrobull Canada Advisory Inc. only provides general advice on the stocks and it is imperative for the investors to do the risk assessment for themselves before investing as Acrobull Canada Advisory Inc. would not be liable for any loss or profit arising out through the investment made by the investors on our recommendations.

It is also advisable for the investors to consult with Financial Advisor, Broker or to seek any legal assistance as the research conducted by Acrobull Canada Advisory Inc. is factually based and recommendations are given in accordance with that, but it is imperative to understand that Acrobull Canada Advisory Inc. does not guarantee returns.

Acrobull Recommendation Based on Evaluation

Current Market Price	$4.17 USD
Acrobull Recommendation	Watch, Buy at $3.98 USD
Target Price	Target $4.77 USD
RSI Level	14 Day RSI 43
Total Shares Outstanding	1.94 Billion
Shares held by Insiders Risk Factor Stop Loss	2.49% Medium 5%