NIO Nordics (@nionordics) 's Twitter Profile
NIO Nordics

@nionordics

Unofficial (but verified) $NIO account :)

ID: 1554196472199086081

calendar_today01-08-2022 20:05:01

4,4K Tweet

2,2K Followers

519 Following

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$NIO Nothing meaningful has changed, except the valuation multiple. The key paragraph is this: “We raise our EPS estimates by 1-9% for 24E-26E, but cut our TP [target price] from US$8.50/HK$65.20 to US$7.00/HK$53.70, by applying 1.4x 2024E P/S (1-year average, from 1.7x

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$NIO The new CFO starts with a strong statement! 👇 “Due to ongoing cost optimizations, our vehicle gross margin increased to 12.2% in the second quarter,” added Stanley Yu Qu, NIO’s chief financial officer, “We will continue to focus on efficient R&D and infrastructure