The NIO price rose in the pre -market session on Monday before issuing its quarterly profits. The Chinese company EV, which can announce the results of the most dependent profits in its history on Tuesday, will announce the first since its diversity of works that focus on luxury to the comprehensive market. The stock was at $ 3.57 at the time of writing this report, an increase of 0.7 %.
The markets were opened on the week on an equal footing, as the risk hated, as the United States and China renewed the tariff of trade. The Asian markets decreased where NIO shares, the Hong Seng index in Hong Kong and the Singapore Strait Index in today’s session are 0.57 % and 0.10 %, respectively.
Market analysts expect that NIO (NYSE: NIO) will announce a net loss of $ 783 million for a quarter ending on March 31, 2025. The company has started charging ONVO models cheaper in late last year and the Firefly model began in another market model in the sale this year. NIO relies on these models to break even by the end of 2025 and may start to generate profits in 2026.
However, while the cheapest models come with wider margins, the competition in EV space was heated. It is worth noting that local competitors such as Li Auto, Xpeng, BYD and Zekr were aggressive on that front. In addition, the BYD FLTRA-FRICT “MEGAWATT” charging technology was more than the NIO battery exchange technology.
While the company’s revenues are expected to grow in response to an increase of 40 % in the number of units sold, investors are likely to pay more attention to their margins. It can bring a sign of constant stress in its new business model. The opposite winds to issue the NIO share after the profits. On the contrary, the prediction revenue report in addition to increasing margins can pump the large bullish payment.
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NIO price prediction
NIO stock prices are preferred at $ 3.55 and the procedure above this level, as the upward trend is preferred. The resistance is likely to be the first of $ 3.64, but the strongest momentum will collapse above this level and the arrow is likely to be sent up to a $ 3.71 test.
On the other hand, the price can collapse to less than $ 3.55 and turn the momentum to the negative side. This first support is likely to witness at $ 3.50. The bullish direction would be invalid if the price is less than this level. Also, the control extended by sellers can send the price less for the second support test at $ 3.42.
