$NIO TOP 20
Added 2025-03-25 11:53:56 +0000 UTCMixed reactions from analysts post earnings for $NIO, Citi gave a PT of $8.60 while Morningstar cut their PT to $5.60 from $6.80.
CEO Li stated this week that his target of breaking even this year on profitability is still his chief aim which may be a big ask, he has missed on targets before so it's possible that the market will need more convincing.
On the chart, we are back into the amber range again and the bulls are battling to get back above the 50 Day MA again at $4.40.
The good news is that the price is still on the outside of the breakout channel, for now, the structure remains the same.
