On March 21, NIO Inc. (09866.HK) announced the upcoming release of its fourth-quarter financial report on Friday. Based on LSEG survey data, three analysts anticipate a 25.6% surge in NIO's fourth-quarter revenue, from RMB 17.1 billion in the corresponding period last year to RMB 21.483 billion. Additionally, the loss per share is projected to contract to RMB 2.12, marking an improvement from RMB 3.18 reported a year ago. Analysts have bestowed an average rating of "Buy" on NIO, with 11 analysts recommending either a "Strong Buy" or "Buy," 6 suggesting "Hold," and only 1 advocating for a "Sell" or "Strong Sell." The median target price set by Wall Street for NIO over the next 12 months stands at HK$45.40.
