Research Note

  • Nomura initiates coverage on Nio with Buy rating and $80.30 price target

    Nomura analyst Martin Heung initiated coverage of Chinese EV maker Nio with a Buy rating and $80.30 price target, meaning a 37.6 percent upside potential.

  • Deutsche Bank says Xpeng stock could gather upward momentum, reaffirms Buy rating and $58 price target

    Xpeng's stock could gather some upward momentum from investors driven by the positive sentiment around XPILOT 3.0 and its upcoming new sedan with LiDAR, according to Deutsche Bank analysts led by Edison Yu in a note to investors on Thursday.

  • Daiwa Securities gives Nio $100 price target, says it has innovative business model

    Daiwa Securities reiterated its Buy rating on Nio in a recent report with a $100 price target, implying a 73% upside from the company's Wednesday closing price of $57.71.

  • Jefferies initiates coverage on Nio with Hold rating and $60 price target

    Jefferies called Nio "China's icon for luxury BEVs," saying investors' expectations are high given the company's new model and better introduction during Nio Day earlier this month.

  • Analyst expects Li Auto to be included in MSCI indices

    MSCI is scheduled to announce the results of the February 2021 Quarterly Index Review on February 9 with the changes implemented after the close of trading on February 26.

  • Nio ET7 is not a car but a mobile computing center, analysts say

    The Nio ET7 is equipped with the most powerful self-driving hardware available, with four Nvidia Orin chips and 1016 TOPS of computing power, making it a mobile computing center, according to analysts.

  • Citi downgrades Nio to Neutral, but raises price target by 47% to $68.3

    Chung said the ET7 is good, but not enough to make any significant changes to the challenges brought by Tesla.

  • CICC says Nio's NAD starts new hardware race, raises price target by 42% to $85

    CICC believes that the new products and services announced at the event exceeded market expectations and will also have a positive impact on the company's operations and share price.

  • BofA Securities gives Li Auto 'Buy' rating and $42 price target in initial coverage

    BofA said Li Auto's sales are expected to grow at a CAGR of 48 percent from 2020-2025, driven by rising EV penetration, strong market demand, and rapid expansion of sales channels.

  • CICC says Li Auto sales expected to reach 80,000 units by 2021, as its products reach more customers

    CICC maintains its price target on Li Auto at $40, which represents a 39% upside to the current stock price.