r/nio
50000 deliveries possible in June? profitability possible again?
NIO is projected to hit 117k Q2 deliveries and achieve another non-GAAP profitable quarter driven by strong order backlog.
- Strong order backlog of 16-17 weeks plus 25,000 non-cancelable orders ensures high June delivery volume.
- Projected Q2 deliveries of over 117,000 units will likely lead to another non-GAAP profitable quarter.
NIO is projected Q2 deliveries between 110k & 115k. With April and May totaling 29356 + 37705 67,701 so far.
NIO needs 42,939 to get to 110,000
NIO needs 47,939 to get to 115,000
With NIO having a backlog of 16-17 weeks with Amready 25,000 non cancelable order Analysts are saying that there is NO WAY NIO CANNOT MISS 50,000 deliveries in June.
Which will make q2 deliveries = 117,061
For sure another non-Gaap profitable quarter.
I tried to get a test drive for a es9 I couldn’t, even the sales in the Shenzen branch told me he can get my contact but his backlog of orders. He will let me know when he can take my deposit…
My estimation jumped from 47.5k to 50.5k after the recent news about the ES9 hitting 10k deliveries on 20th June
45-47k max
I'm guessing yes to non -gaap profitability with deliveries in June of around 44k vehicles
Even if it does, it’ll have 1 solid day on the market then proceed to go down in the coming days.. 🤷🏽♂️
Forget about the broader market. There are roughly 2.5 billion shares outstanding, and NIO holds only about 10% of them. For the stock price to become more stable and achieve meaningful long-term appreciation, NIO needs to generate enough profit to buy back a significant number of shares.
Otherwise, large public shareholders can continue to influence the stock price, driving it up and down and profiting from the volatility. As a result, I don’t believe NIO’s stock will see a significant and sustained increase in value before 2030.
The other thing is the refresh cycle on Chinese cars is starting to resemble smartphones a product lifecycle should be 6-7 year before a major refresh these guys are in brutal 2 years cycles so the whole Chinese EV market is crazy this keeps investors away also look at Li, XPeng, BYD all down the Chinese market is saturated with EV’s I know NIO seems to be bucking the trend but the macro environment is not healthy
As much as I love to disagree with him he has a point, this isn’t a meme stock but traders have a ball with it. And until value traders trust this company it may need 6 to 8 quarters of consistent profits don’t have to hit the mark all the time but be profitable to get over the hump, I have a lot of shares so I’m in but this may take a while to many institutional investors got burnt on this stock remember this was a stock at $60/share at one time
That $60 was also prior to MANY dilutions. However, yes ..it was still ridiculously valued during that run up