Key Takeaways NIO posted a Q3 loss of 21 cents per ADS with revenues rising 15.1% year over year.Deliveries hit 87,071 vehicles, boosting sales and lifting vehicle and gross margins.NIO sees Q4 deliveries of 120,000-125,000 and revenues of $4.60B-$4.78B.NIO Inc. (NIO) reported a loss per American Depositary Share (ADS) of 21 cents in the third quarter of 2025, narrower than the Zacks Consensus Estimate of a loss of 24 cents. The company had incurred a loss of 36 cents in the year-ago quarter.This China-base ...

11月25日，蔚来2025年三季度财报显示，公司业绩呈现明显改善态势。营收、毛利率均稳步提升，亏损 幅度持续收窄。蔚来创始人、董事长李斌在业绩电话会上重申，对四季度实现盈利充满信心，高毛利车 型将成核心支撑。值得注意的是，蔚来披露的四季度交付量指引为12万—12.5万辆之间，与此前目标相 比有所下调。在业内人士看来，蔚来在四季度实现盈利存在可能性。蔚来现阶段的核心挑战是销量、产 能与战略之间的平衡，要实现长期健康发展仍需完善产品矩阵，并确保高端车型产能的稳定性。 亏损幅度收窄 蔚来正站在盈利的关键节点。最新财报数据显示，公司2025年三季度收入217.9亿元，同比增长16.7%； 综合毛利率13.9%，环比增长了近4个百分点，整车毛利率14.7%，创近三年新高。 三季度公司销售、一般及行政费用为41.847亿元，同比增长1.8%；研发费用为23.906亿元，同比下降 28%，环比下降20.5%。蔚来表示，研发费用下降主要得益于组织优化带来的研发职能人员成本精减， 以及新产品、新技术开发进入不同阶段后设计开发费用的周期性调整。 据财报披露，蔚来四季度的交付量指引为12万—12.5万辆之间，相比于今年二季度时立下 ...

报告认为，当前股价的调整为投资者提供了较好的布局窗口，而下一关键观察节点为2026年4月北京车 展期间新车型(如ONVO L80)的市场反响。基于上述判断，摩根大通予以蔚来"增持"评级。此外，蔚来 于昨日公布的2025年三季度财报显示，其交付量、营收能力及综合毛利率等多项核心指标均创历史新 高。其中，四季度营收指引达327.6亿元至340.4亿元，同比增长66.3%至72.8%，不仅刷新自身纪录，也 位居造车新势力之首。 智通财经APP获悉，摩根大通在最新发布的调研报告中，对蔚来(NIO.US)的盈利前景表达了明确看好。 该机构指出，蔚来有望在今年四季度实现盈利，主要驱动力来自高价新车型的交付、持续的成本管控以 及运营效率的优化。其核心判断在于，公司凭借新车型的陆续投放、严格的成本控制与运营能力提升， 有望在2026年迎来盈利拐点。 ...

NIO Inc. (NYSE:NIO) announced on Wednesday that it is making its Thailand debut through a new market partnership with Thonburi Group.The move marks another step in Nio's Southeast Asia strategy, with Onvo and Firefly slated to enter the Thailand market via its Thonburi partnership, according to CnEV Post, which cited local media.The partner operates one of Southeast Asia's most established Mercedes-Benz assembly facilities through its automotive arm.Also Read: NIO And Li Auto Fall As Beijing Tightens Grip O ...

The most talked about and market moving research calls around Wall Street are now in one place. Here are today's research calls that investors need to know, as compiled by The Fly.Top 5 Upgrades: Argus upgraded Herbalife (HLF) to Buy from Hold. The firm cites the company's Q3 earnings beat reported earlier this month while also boosting its FY25 EPS view by 3c to $2.15 and its FY26 view by 4c to $2.64.JPMorgan upgraded Atmus Filtration (ATMU) to Overweight from Neutral with a price target of $60, up from $ ...

蔚来 20251125 摘要 NIO achieved record deliveries in Q3 2025, delivering 87,071 smart EVs, a 40.8% year-over-year increase, with October 2025 alone seeing a 92.6% increase to 40,397 units, marking three consecutive months of record deliveries. Q4 2025 deliveries are projected to reach 120,000 to 125,000 vehicles, a 65.1% to 72% year-over-year increase. NIO's Q3 2025 financial performance improved significantly due to cost optimization, with vehicle gross margin rising to 14.7% and overall gross margin reaching ...

25 November 2025 | 7:49PM CST Equity Research NIO Inc. (NIO): 3Q25 First Take: Operating profit beat on higher vehicle margin, 4Q25 volume/revenue guidance below expectation Exhibit 1: Nio 3Q25 result summary Nio reported 3Q25 result with total revenue slightly below expectation but operating profit beat, mainly attributed to higher vehicle gross margin from greater-than-expected BOM cost reduction. However, 4Q25 volume and revenue guidance was below expectation, with vehicle sales volume of 120k-125k units ...

November 25, 2025 05:14 PM GMT NIO Inc. | Asia Pacific Upbeat margin guidance - One step closer to breakeven? Key Takeaways NIO plans to launch three new large-size SUVs - NIO ES9, ES7, and Onvo L80 - in 2Q-3Q26 to support higher volume growth in 2026. Management targets 20% GPM in 2026 on the back of supply chain cost savings, scale, and a favorable product mix. As NIO ES6, EC6, and ES8 all come with 20%+ GPM, management is confident it can maintain its group GPM target even if promotions widen slightly am ...

蔚来正站在盈利的关键节点。最新财报数据显示，公司2025年三季度收入217.9亿元，同比增长16.7%； 综合毛利率13.9%，环比增长了近4个百分点，整车毛利率14.7%，创近三年新高。 三季度公司销售、一般及行政费用为41.847亿元，同比增长1.8%；研发费用为23.906亿元，同比下降 28%，环比下降20.5%。蔚来表示，研发费用下降主要得益于组织优化带来的研发职能人员成本精减， 以及新产品、新技术开发进入不同阶段后设计开发费用的周期性调整。 11月25日，蔚来2025年三季度财报显示，公司业绩呈现明显改善态势。营收、毛利率均稳步提升，亏损 幅度持续收窄。蔚来创始人、董事长李斌在业绩电话会上重申，对四季度实现盈利充满信心，高毛利车 型将成核心支撑。值得注意的是，蔚来披露的四季度交付量指引为12万—12.5万辆之间，与此前目标相 比有所下调。在业内人士看来，蔚来在四季度实现盈利存在可能性。蔚来现阶段的核心挑战是销量、产 能与战略之间的平衡，要实现长期健康发展仍需完善产品矩阵，并确保高端车型产能的稳定性。 | 119 | | --- | | NIO Inc. Reports Unaudited Thir ...

日前，蔚来汽车正式发布2025年第三季度财报，不仅多项核心指标创下历史新高，更给出了令市场振奋 的四季度指引。数据显示，三季度蔚来公司共交付新车87,071台，同比增长40.8%，环比增长20.8%；在 交付量强劲增长的带动下，公司营收达到217.9亿元，环比增长14.7%，交付及营收均创下历史新高。而 蔚来公司给出的四季度交付和营收指引显示，预期第四季度交付量会达到120,000-125,000台，营收将达 327.58亿至340.39亿元人民币，这一数字不仅刷新了公司历史纪录，更在已公布财报的造车新势力中稳 居首位，在整体行业承压的情况下，展现出强劲的增长势头和领先地位。 经营质量全面提升，核心指标创新高 2025年第三季度，蔚来交出了一份亮眼的成绩单。公司单季交付新车87,071台，同比增长40.8%，营收 达217.9亿元，同比增长16.7%，双双创下历史新高。更值得关注的是，公司整车毛利率回升至14.7%， 综合毛利率达到13.9%，经营现金流与自由现金流双双转正，现金储备攀升至366.5亿元，环比显著增 长。 这一系列向好的财务指标，标志着蔚来经营质量实现全面提升。毛利率的持续改善，反映出公司在成 ...