Latest Search
Quote
| Back Zoom + Zoom - | ||||
|
<Research>Nomura Upgrades NIO (NIO.US) to Buy w/ TP USD6.6, Sees Breakeven in 2026
Recommend 1 Positive 2 Negative 4 |
||||
|
||||
|
Nomura released a research report turning positive on NIO-SW (09866.HK), 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. AASTOCKS Financial News Website: www.aastocks.com |
||||
Copied to Clipboard
 |
||||
