Nomura released a research report turning positive on NIO-SW (09866.HK) +0.320 (+0.661%) Short selling $112.64M; Ratio 125.877% , with NIO-SW showing improvements in business and financial performance over the past two quarters, as the broker believed that the Company has finally entered a healthy business cycle. Therefore, Nomura upgraded NIO (NIO.US) 's US stock to Buy, and trimmed its target price from US$8.4 to US$6.6.On the other hand, Nomura raised its 2026/ 2027 gross margin forecasts by 0.7 ppts/ 1.1 ppt, and its operating margin forecasts by 3.3/ 3.2 ppts respectively, expecting NIO-SW's non-GAAP operating profit to reach break-even in 2026.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-04-02 16:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)
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