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- NIO October delivery numbers have arrived – the stock is up
- Home
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- NIO October delivery numbers have arrived – the stock is up
- 5,979 premium smart electric SUV’s
- 4,080 premium smart electric sedans
- 1 month: -40.68%
- 3 month: -50.82%
- Year-to-date: -68.67%
- 1 year: -75.97%
- Morgan Stanley: $31
- HSBC: $28
- Goldman Sachs: $56
- Barclays: $34
- Mizuho: $42
- Citigroup: $31.3
- B of A Securities: $26
- UBS: $32
- Barclays: $19
News & AnalysisNews & AnalysisNIO Inc. (NYSE:NIO) reported its latest delivery numbers for October on Tuesday.
The Chinese electric vehicle company delivered 10,059 cars last month – up by 174.3% year-over-year.
The deliveries in October consisted of:
Production and deliveries were impacted by supply chain issues and other constraints caused by COVID-19 outbreaks in certain parts of China, according to the company.
NIO has delivered a total of 259,563 electric vehicles as of October 31, 2022.
The stock made some gains on Tuesday, up by around 2% at $9.93 a share.
Shares of NIO have plummeted by over 75% in the past year.
Stock performance
NIO price targets
NIO is the 22nd largest automaker in the world with a market cap of $16.56 billion.
You can trade NIO Inc. (NYSE:NIO) and many other stocks from the NYSE, NASDAQ, HKEX, ASX, LSE and DE with GO Markets as a Share CFD.
Sources: NIO Inc., TardingView, Benzinga, CompaniesMarketCap
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