NIO Shares Fall Sharply on Softer Fourth-Quarter Guidance

Dow Jones

Nov 26

By Jiahui Huang

NIO shares fell sharply in Hong Kong after the Chinese automaker offered soft fourth-quarter guidance despite a beat in third-quarter gross profit margin.

Shares fell 7.0% to 43.56 Hong Kong dollars on Wednesday. The benchmark Hang Seng Index was recently up 0.4%.

NIO guided for sales of 120,000 to 125,000 units for the fourth quarter. That implies slightly sequential growth for November and December sales, but remains below the company's previous guidance of 150,000 units, Nomura analysts wrote in a note.

That said, the company said it remains confident in breaking even on an adjusted profit basis for the fourth quarter and 2026.

Achieving that profitability measure is achievable in the fourth quarter, said Bernstein analysts in a note. However, they are cautious about NIO's outlook and the sustainability of achieving healthy breakeven levels in 2026.

"We are particularly concerned that some cost reductions, especially in R&D, could impact the company's long-term position and technological competitiveness," the Bernstein analysts added.

NIO has tried to set itself apart in China's crowded EV space by focusing on advancing battery technology. It relies on battery-swapping stations rather than battery-charging ones for better efficiency, but the former requires higher setup costs

Write to Jiahui Huang at jiahui.huang@wsj.com

(END) Dow Jones Newswires

November 25, 2025 22:08 ET (03:08 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

LOGIN / SIGN UP

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2586228484"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2586228484\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2586228484?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-11-26 11:08","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2586228484","market":"other","top_or_hot":-1,"title":"NIO Shares Fall Sharply on Softer Fourth-Quarter Guidance","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  By Jiahui Huang \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/NIO\">NIO</a> shares fell sharply in Hong Kong after the Chinese automaker offered soft fourth-quarter guidance despite a beat in third-quarter gross profit margin. \n</p>\n<p>\n  Shares fell 7.0% to 43.56 Hong Kong dollars on Wednesday. The benchmark <a href=\"https://laohu8.com/S/HSNGF\">Hang Seng</a> Index was recently up 0.4%. \n</p>\n<p>\n  NIO guided for sales of 120,000 to 125,000 units for the fourth quarter. That implies slightly sequential growth for November and December sales, but remains below the company's previous guidance of 150,000 units, Nomura analysts wrote in a note. \n</p>\n<p>\n  That said, the company said it remains confident in breaking even on an adjusted profit basis for the fourth quarter and 2026. \n</p>\n<p>\n  Achieving that profitability measure is achievable in the fourth quarter, said Bernstein analysts in a note. However, they are cautious about NIO's outlook and the sustainability of achieving healthy breakeven levels in 2026. \n</p>\n<p>\n  \"We are particularly concerned that some cost reductions, especially in R&amp;D, could impact the company's long-term position and technological competitiveness,\" the Bernstein analysts added. \n</p>\n<p>\n  NIO has tried to set itself apart in China's crowded EV space by focusing on advancing battery technology. It relies on battery-swapping stations rather than battery-charging ones for better efficiency, but the former requires higher setup costs \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Jiahui Huang at jiahui.huang@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  November 25, 2025 22:08 ET (03:08 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>NIO Shares Fall Sharply on Softer Fourth-Quarter Guidance</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNIO Shares Fall Sharply on Softer Fourth-Quarter Guidance\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-11-26 11:08</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  By Jiahui Huang \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/NIO\">NIO</a> shares fell sharply in Hong Kong after the Chinese automaker offered soft fourth-quarter guidance despite a beat in third-quarter gross profit margin. \n</p>\n<p>\n  Shares fell 7.0% to 43.56 Hong Kong dollars on Wednesday. The benchmark <a href=\"https://laohu8.com/S/HSNGF\">Hang Seng</a> Index was recently up 0.4%. \n</p>\n<p>\n  NIO guided for sales of 120,000 to 125,000 units for the fourth quarter. That implies slightly sequential growth for November and December sales, but remains below the company's previous guidance of 150,000 units, Nomura analysts wrote in a note. \n</p>\n<p>\n  That said, the company said it remains confident in breaking even on an adjusted profit basis for the fourth quarter and 2026. \n</p>\n<p>\n  Achieving that profitability measure is achievable in the fourth quarter, said Bernstein analysts in a note. However, they are cautious about NIO's outlook and the sustainability of achieving healthy breakeven levels in 2026. \n</p>\n<p>\n  \"We are particularly concerned that some cost reductions, especially in R&amp;D, could impact the company's long-term position and technological competitiveness,\" the Bernstein analysts added. \n</p>\n<p>\n  NIO has tried to set itself apart in China's crowded EV space by focusing on advancing battery technology. It relies on battery-swapping stations rather than battery-charging ones for better efficiency, but the former requires higher setup costs \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Jiahui Huang at jiahui.huang@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  November 25, 2025 22:08 ET (03:08 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"NIO.SI","symbol_name":"蔚来","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2586228484","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2586228484","pubTimestamp":1764126480,"columns":[{"name":"Data Report","id":30,"label_key":"dataReport"}],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"NIO shares fell sharply in Hong Kong after the Chinese automaker offered soft fourth-quarter guidance despite a beat in third-quarter gross profit margin.Shares fell 7.0% to 43.56 Hong Kong dollars on Wednesday. The benchmark Hang Seng Index was recently up 0.4%.NIO guided for sales of 120,000 to 125,000 units for the fourth quarter. That implies slightly sequential growth for November and December sales, but remains below the company's previous guidance of 150,000 units, Nomura analysts wrote in a note.That said, the company said it remains confident in breaking even on an adjusted profit basis for the fourth quarter and 2026.Achieving that profitability measure is achievable in the fourth quarter, said Bernstein analysts in a note. However, they are cautious about NIO's outlook and the sustainability of achieving healthy breakeven levels in 2026.\"We are particularly concerned that some cost reductions, especially in R&D, could impact the company's long-term position and technological","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"NIO.SI":"蔚来","BK6125":"汽车制造商"},"translate_title":"蔚来股价因第四季度指引疲软而大幅下跌","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NIO.SI":1.5},"content_text":"By Jiahui Huang \n\n\n \n\n\nNIO shares fell sharply in Hong Kong after the Chinese automaker offered soft fourth-quarter guidance despite a beat in third-quarter gross profit margin. \n\n\n  Shares fell 7.0% to 43.56 Hong Kong dollars on Wednesday. The benchmark Hang Seng Index was recently up 0.4%. \n\n\n  NIO guided for sales of 120,000 to 125,000 units for the fourth quarter. That implies slightly sequential growth for November and December sales, but remains below the company's previous guidance of 150,000 units, Nomura analysts wrote in a note. \n\n\n  That said, the company said it remains confident in breaking even on an adjusted profit basis for the fourth quarter and 2026. \n\n\n  Achieving that profitability measure is achievable in the fourth quarter, said Bernstein analysts in a note. However, they are cautious about NIO's outlook and the sustainability of achieving healthy breakeven levels in 2026. \n\n\n  \"We are particularly concerned that some cost reductions, especially in R&D, could impact the company's long-term position and technological competitiveness,\" the Bernstein analysts added. \n\n\n  NIO has tried to set itself apart in China's crowded EV space by focusing on advancing battery technology. It relies on battery-swapping stations rather than battery-charging ones for better efficiency, but the former requires higher setup costs \n\n\n \n\n\n  Write to Jiahui Huang at jiahui.huang@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  November 25, 2025 22:08 ET (03:08 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-2","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}