NIO Inc ADR
NIO: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| < | LOCK|yFZ | LOCK|&hT>TD |
Nio Earnings: Loss-Narrowing Trend Continues, but Volume and Margin Guidance Disappoint
Nio’s second-quarter revenue jumped 69% from last year, but missed the low end of previous guidance. Ongoing product mix optimization led to a 21% recovery in vehicle pricing and an 8-percentage-point improvement in vehicle margin, despite competition in the domestic market.
