NIO Eyes First Weekly Gain in Four Weeks as DB Flags ES8 Drag, Q2 Breakeven in Reach
NIO•Shares of NIO are on track for their first weekly gain in four weeks after recent buying interest pushed the stock higher. Deutsche Bank warns that slower ES8 deliveries could weigh on group margins but still expects NIO to reach breakeven in Q2 with cost controls and improved volumes.
1. Weekly Performance
NIO shares have rallied over the past week, positioning the stock for its first positive weekly return in four weeks. This uptick reflects renewed investor interest following a slump driven by concerns over China’s EV market saturation.
2. Deutsche Bank’s ES8 and Breakeven Outlook
Analysts at Deutsche Bank highlight slower-than-expected ES8 deliveries as a drag on revenue and margins in the quarter. Despite this, they maintain a breakeven target for Q2, citing tighter cost management and higher export volumes as key drivers.
