NIO (NIO) Soars 4.7% on Robust Preliminary Q4 Sales

We recently published 10 Stocks Quietly Climbing Toward 2026. NIO Inc. (NYSE:NIO) is one of the best performers on Monday.

NIO Inc. extended its winning streak to a third consecutive day on Monday, jumping 4.71 percent to close at $5.34 apiece as investors cheered the company’s preliminary sales guidance for the fourth quarter of the year.

According to Chinese media 36kr, quoting NIO Inc. (NYSE:NIO) founder and Chief Executive Officer William Li as telling Chinese customers that the company is looking to register 30 billion yuan ($4.27 billion) in vehicle sales for the last quarter of the year.

In its latest earnings call earlier this year, NIO Inc. (NYSE:NIO) also provided an upbeat outlook for the fourth quarter of the year, with vehicle deliveries targeted at 120,000 to 125,000, or a 65.1 to 72 percent jump from the same quarter in 2024.

Photo by Michael Fousert on Unsplash

Total revenues are expected to hit $4.6 billion to $4.78 billion, marking an implied growth of 66.3 to 72.8 percent year-on-year.

In the third quarter alone, vehicle sales totaled $2.7 billion on 87,071 vehicle deliveries, bringing NIO Inc.’s (NYSE:NIO) total revenues to $3.06 billion.

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Disclosure: None. This article is originally published at Insider Monkey.