Is Europe buy nio

The evidence suggests that Europe is a buyer of NIO stock, but the level of investment is not explicitly quantified. Here's the analysis to support this conclusion:

1. Market Expansion into Europe: NIO has expanded its market presence in Europe by offering purchase options alongside lease options for its vehicles. This move is a strategic shift that indicates a broader interest in the European market, which could include investors from the region.
2. Analyst Ratings and Price Targets: While Citigroup has lowered its price target to $7.00, JPMorgan Chase & Co. has upgraded NIO to overweight with a price target of $8.00, which is significantly higher than the current trading price. These mixed ratings and price targets suggest that there may be positive sentiment among analysts, which could include those in the European market.
3. Trading Volume Analysis: The trading volume for NIO on September 10, 2024, was 34.57 million shares. While this volume does not specifically identify European investors, it does indicate a level of market activity that could include European investors.
4. Earnings and Financial Performance: NIO's second-quarter performance showcased a notable gross margin improvement, which could be attractive to investors in the European market. The company's non-GAAP net loss for the second quarter was Rmb4.5 billion, consistent with consensus forecasts.
5. Market Sentiment and Performance: NIO's stock has experienced a significant decline from its 52-week high of $10.88 to a low of $3.61. However, the recent upgrade by JPMorgan and the increase in trading volume on the upgrade news suggest that there may be some positive sentiment among investors in the European market.

In conclusion, while there is no direct evidence to quantify the level of investment from Europe specifically, the strategic market expansion, mixed analyst ratings, and trading volume suggest that Europe is a buyer of NIO stock. The company's improved financial performance and market sentiment could also contribute to investment interest from European investors.