|

NIO Stock Forecast: Nio Inc falls as rival XPeng reports mixed results for the quarter

  • NYSE:NIO fell by 2.68% during Monday’s trading session.
  • XPeng reported mixed earnings and weaker guidance due to COVID restrictions.
  • Nio will be added to the Hang Seng tech index as a constituent stock.

NYSE:NIO started the week off on the back foot as a major domestic rival reported mixed earnings for the first quarter of the year. On Monday, shares of Nio dipped by 2.68% and closed the trading session at $16.00. US markets rebounded to start the week as stocks attempted to recover from the seventh consecutive losing week for the broader markets. The Dow Jones jumped higher by 618 basis points, the S&P 500 added 1.86%, and the NASDAQ rose by 1.59% during the session.


Stay up to speed with hot stocks' news!


One of Nio’s largest domestic rivals, XPeng (NYSE:XPEV) reported its first quarter earnings before the opening bell on Monday. The EV maker reported a loss of $0.28 per share and revenues rose by 144% on a year over year basis. Investors were disappointed that sequential sales numbers fell from last quarter when the company saw 303% sales growth from the previous quarter. XPeng’s rest of year guidance came in lower than expected as the company takes into account lower production numbers due to ongoing COVID-19 restrictions in China. Nio finally announced that it will be reporting its first quarter earnings on June 9th.

NIO stock price

NIO Stock

Nio also reported that it would be added to the Hang Seng Tech index in Hong Kong as a constituent stock. The company joins other major Chinese companies like Tencent as well as other Chinese EV makers like XPeng and Warren Buffett-backed BYD. Nio just recently began to trade on the Singapore Exchange, making it the first EV maker to trade on three different markets.


Like this article? Help us with some feedback by answering this survey:

Premium

You have reached your limit of 3 free articles for this month.

Start your subscription and get access to all our original articles.

Subscribe to PremiumSign In

Author

More from Stocks Reporter
Share:

Markets move fast. We move first.

Orange Juice Newsletter brings you expert driven insights - not headlines. Every day on your inbox.

By subscribing you agree to our Terms and conditions.

Editor's Picks

EUR/USD flatlines below 1.1800 amid trading lull, awaits Fed Minutes

EUR/USD trades around a flatline below 1.1800 in European trading on Tuesday. The pair lacks any trading impetus as the US Dollar moves little amid market caution ahead of the Fed's December Meeting Minutes release, which could offer insights into the Federal Reserve’s 2026 outlook.

GBP/USD retakes 1.3500 despite the year-end grind

GBP/USD finds fresh demand and retakes 1.3500 on Tuesday as markets grind through the last trading week of the year. Despite the latest uptick, the pair is unlikely to see further progress due to the year-end holiday volumes.

Gold holds the bounce on Fed rate cut bets, safe-haven flows

Gold holds the rebound near $4,350 in the European trading hours on Tuesday. The precious metal recovers some lost ground after falling 4.5% in the previous session, which was Gold's largest single-day loss since October. Increased margin requirements on gold and silver futures by the Chicago Mercantile Exchange Group, one of the world’s largest trading floors for commodities, prompted widespread profit-taking and portfolio rebalancing.

Tron steadies as Justin Sun invests $18 million in Tron Inc.

Tron (TRX) trades above $0.2800 at press time on Monday, hovering below the 50-day Exponential Moving Average (EMA) at $0.2859.

Economic outlook 2026-2027 in advanced countries: Solidity test

After a year marked by global economic resilience and ending on a note of optimism, 2026 looks promising and could be a year of solid economic performance. In our baseline scenario, we expect most of the supportive factors at work in 2025 to continue to play a role in 2026.

Crypto market outlook for 2026

Year 2025 was volatile, as crypto often is.  Among positive catalysts were favourable regulatory changes in the U.S., rise of Digital Asset Treasuries (DAT), adoption of AI and tokenization of Real-World-Assets (RWA).