Latest Search
Quote
| Back Zoom + Zoom - | |
|
<Research>M Stanley: Any Marginal Mkt Sentiment Improvement for NIO-SW Could Signal Recovery
Recommend 3 Positive 6 Negative 1 |
|
|
|
|
NIO-SW (09866.HK) issued a positive profit alert yesterday, projecting its 4Q25 GAAP net profit to have reached RMB200-700 million, while its non-GAAP net profit will have hit RMB700 million to RMB1.2 billion, according to Morgan Stanley's research report. Morgan Stanley has reiterated an Overweight rating and given NIO (NIO.US) a target price of USD7. Amid ongoing industry headwinds, NIO-SW's stock price has fallen by 35% over the past three months, while the HSI has risen by 4% during the same period. Any marginal sentiment improvement, Morgan Stanley said, could present potential opportunities, though a more significant stock price recovery will require an overall rebound in China's electric vehicle demand. AAStocks Financial News |
|
