Lates News

Chinese Galaxy International analyst stated that thanks to the strong sales of all three brands under its umbrella and cost-cutting measures, Nio Group is expected to achieve a break-even in the fourth quarter. Nio's loss narrowed more than expected in the second quarter, and Chinese Galaxy International believes this trend will continue, with September shipments potentially reaching a historical high. Due to the contribution from new car models, Chinese Galaxy International has raised its shipment forecasts for Nio for 2025-2027 by 4%, 6%, and 8%, respectively. Chinese Galaxy International is optimistic about the upcoming launch of three SUV models, believing these new cars will continue to drive sales and help Nio achieve net profit in 2026. Chinese Galaxy International has raised its revenue and gross margin expectations for Nio for 2025-2027, and has raised its earnings per share forecast by 5%-105%. Chinese Galaxy International maintains a buy rating for Nio's H shares and has raised the target stock price by 37% to HK$65.70.