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Nio Set to Report Q3 Earnings Amid EV Market Optimism

Nio Set to Report Q3 Earnings Amid EV Market Optimism

Author:

Global Cryptocurrency

Published:

2025-11-24 01:50:03

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BTCCSquare news:

Chinese electric vehicle Maker Nio (NIO) prepares to announce third-quarter results before Tuesday’s market open. The stock has surged 28% year-to-date, buoyed by new model launches and stronger October deliveries. Analysts project a Q3 loss of $0.22 per share, narrower than the $0.30 loss in the prior-year period. Revenue expectations stand at $3.12 billion versus $2.6 billion last year.

Goldman Sachs maintains a Neutral rating but raises its price target to $7 from $4.30, citing improved design and performance of newer models like the L90 and ES8. The automaker plans to expand its lineup with the L80 and ES9 in 2026, potentially sustaining sales momentum.

By:

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