NIO Inc. designs, develops, manufactures, and sells smart electric vehicles in China. It offers five and six-seater electric SUVs, as well as smart electric sedans. The company also offers power solutions, including Power Home, a home charging solution; Power Swap, a battery swapping service; Power Charger and Destination Charger; Power Mobile, a mobile charging service through charging vans; Power Map, an application that provides access to a network of public chargers and their real-time information; and One Click for Power valet service. In addition, it provides repair, maintenance, and bodywork services through its NIO service centers and authorized third-party service centers; statutory and third-party liability insurance, and vehicle damage insurance through third-party insurers; repair and routine maintenance; courtesy vehicle services; roadside assistance; data packages; and auto financing and financial leasing services. Further, the company involved in the provision of energy and service packages to its users; design and technology development activities; manufacture of e-powertrains, battery packs, and components; and sales and after sales management activities. Additionally, it offers NIO Certified, a used vehicle inspection, evaluation, acquisition, and sales service. The company was formerly known as NextEV Inc. and changed its name to NIO Inc. in July 2017. NIO Inc. was incorporated in 2014 and is headquartered in Shanghai, China.

NIO Inc.

The NASDAQ 100 Pre-Market Indicator is up 101.02 to 23,373.27. The total Pre-Market volume is currently 307,717,815 shares traded.
The following are the most active stocks for the pre-market session:
Direxion Daily TSLA Bull 2X Shares (TSLL) is +0.38 at $11.65, with 12,072,472 shares traded. This represents a 85.21% increase from its 52 Week Low.
Opendoor Technologies Inc (OPEN) is +0.11 at $2.65, with 11,590,220 shares traded. OPEN's current last sale is 278.95% of the target price of $0.95.
ProShares UltraPro Short QQQ (SQQQ) is -0.2 at $18.05, with 3,198,099 shares traded. This represents a -.44% decrease from its 52 Week Low.
Intel Corporation (INTC) is +0.09 at $20.79, with 2,360,080 shares traded. INTC's current last sale is 94.5% of the target price of $22.
Tradr 2X Short TSLA Daily ETF (TSLQ) is -0.55 at $16.77, with 2,341,562 shares traded. This represents a 17.68% increase from its 52 Week Low.
ProShares UltraPro QQQ (TQQQ) is +1.0705 at $89.99, with 2,185,369 shares traded. This represents a 157.12% increase from its 52 Week Low.
Citigroup Inc. (C) is +0.13 at $96.20, with 2,005,455 shares traded. Over the last four weeks they have had 5 up revisions for the earnings forecast, for the fiscal quarter ending Sep 2025. The consensus EPS forecast is $1.86. As reported by Zacks, the current mean recommendation for C is in the "buy range".
BigBear.ai, Inc. (BBAI) is +0.14 at $7.53, with 1,482,701 shares traded. BBAI's current last sale is 150.6% of the target price of $5.
Archer Aviation Inc. (ACHR) is +0.17 at $11.38, with 875,665 shares traded. As reported by Zacks, the current mean recommendation for ACHR is in the "buy range".
Alibaba Group Holding Limited (BABA) is +1.97 at $122.00, with 819,706 shares traded. As reported by Zacks, the current mean recommendation for BABA is in the "buy range".
NIO Inc. (NIO) is +0.04 at $4.96, with 781,502 shares traded. NIO's current last sale is 124% of the target price of $4.
Chipotle Mexican Grill, Inc. (CMG) is +0.0201 at $46.78, with 726,480 shares traded. Over the last four weeks they have had 3 up revisions for the earnings forecast, for the fiscal quarter ending Sep 2025. The consensus EPS forecast is $0.29. As reported by Zacks, the current mean recommendation for CMG is in the "buy range".
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Pre-Market Most Active for Jul 28, 2025 : TSLL, OPEN, SQQQ, INTC, TSLQ, TQQQ, C, BBAI, ACHR, BABA, NIO, CMG

Key Points
Artificial intelligence-powered drug development isn't a mere premise anymore. Recursion Pharmaceuticals has made it a reality.
The next era of e-commerce favors platforms like Shopify's, which allows brands to connect with consumers outside of massive digital shopping malls.
U.S. drivers may not be big fans of electric vehicles, but that's not the case everywhere else.
Are Americans saving enough money to fund a comfortable retirement? Probably not. As the Motley Fool's own research indicates, as of 2022 the median retirement savings for U.S. households is a mere $87,000. That means half of the country has saved up more, while the other half has saved less. Even being in the upper half of the crowd, however, isn't necessarily enough.
Committing more of your income to the effort is still only half the battle though. You'll also need to get more out of your money while you're growing your nest egg. This means achieving bigger gains without taking on significantly more risk.
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Here's a closer look at three growth stocks you could buy and hold for decades as a means of supercharging your portfolio's growth. While each of these tickers brings some added risk and volatility to the table that will require regular monitoring, their long-term upside potential is arguably worth the work.
Recursion Pharmaceuticals
While artificial intelligence (AI) still has of room for improvement, the writing is on the wall -- the technology will be tackling complex problems that individuals and institutions just can't. This includes designing and testing pharmaceuticals.
Well, the future is here. Recursion Pharmaceuticals (NASDAQ: RXRX) has built an AI-powered platform capable of virtually testing a drug rather than requiring a full-blown clinical trial of an idea. Leveraging 36 petabytes (36 million gigabytes) of digital biological and chemical data, its so-called Recursion OS can accomplish what would normally take years and millions of dollars in a matter of days at a fraction of the cost.
And it's no mere theory. The technology is not only functioning -- it's commercialized. A handful of pharma companies including Roche and Sanofi are using Recursion OS to tackle some of their own developmental work, while Recursion is working on some drugs of its own. All of these drug candidates will still need to go through the actual clinical trial process to satisfy regulatory agencies like the FDA. Recursion's software facilitates focus though, by virtue of weeding out less promising drug prospects so more resources can be devoted to more promising ones. That's huge.
It's still relatively early for Recursion, and for that matter, the AI-assisted drug-development industry itself. Recursion Pharmaceuticals remains in the red, and will likely remain there for at least a few more years. This arguably makes Recursion the riskiest of the three stocks being put under the microscope here.
Just understand the potential reward is commensurate with the risk. Recursion Pharmaceuticals is nearing a revenue and profit turning point in front of what Straits Research believes will be average annualized growth of nearly 32% for the artificial intelligence drug-development industry through 2030. This tailwind alone should be enough to push Recursion to profitability. That makes this stock's prolonged and persistent weakness since peaking in 2021 is a fantastic buying opportunity.
Shopify
Amazon (NASDAQ: AMZN) is in no immediate danger of being dethroned as the king of North America's e-commerce scene. But it's no longer able to simply bully the rest of the industry. Competitors are successfully pushing back... just not in the way you might have expected. Rather than one or two rival names making inroads, brands and merchants are taking matters into their own hands by setting up their own online stores as a means of working all the way around Amazon's domination.
And they've largely got Shopify (NASDAQ: SHOP) to thank for the option.
In simplest terms, Shopify helps companies establish their own in-house e-commerce presence. From websites to payment-processing to inventory-management to marketing, Shopify can do it all, making it easy for businesses of all sizes to stay focused on more important matters (like running that business). Although the company no longer discloses how many clients are using its technology, it does divulge the scope of its business. Last year, Shopify's solutions facilitated the sale of $292.3 billion worth of goods and services, up 24% year over year to extend a long-established growth streak. Shopify collected $8.9 billion worth of revenue for itself in the process, turning a little over $1 billion of it into net income.
This growth still only scratches the surface of the opportunity though. Market research outfit eMarketer reports that only a little more than one-fifth of the world's retail spending is currently done online. The rest is still taking place in brick-and-mortar stores.
While certainly some of these sales will never move online, much of it can. Brand-owned and merchant-managed online stores are positioned to capture more than their fair share of whatever growth awaits the e-commerce industry, however, as these players increasingly see the value in establishing their own direct relationships with customers. In this vein, analysts expect Shopify to produce top-line growth in the ballpark of 20% in each of the three years ahead.
Nio
Finally, add Nio (NYSE: NIO) to your list of stocks to buy and hold for decades if you want a shot at building a bigger retirement nest egg.
It wouldn't be surprising if you'd never heard of it. Although it's finding a bit of traction in Europe, the Chinese maker of electric vehicles predominantly serves China itself. It delivered 72,056 electrified cars during the second quarter of this year, up nearly 26% from the year-ago comparison, underscoring production growth that's been in place for some time now.
Think the electric vehicle (EV) market is hitting a wall due to disinterest? Not so fast. That's largely an American phenomenon. Data gathered by CleanTechnica indicates sales of electric vehicles in China soared 25% to 1.1 million units last month, accounting for more than half of the country's entire automobile sales.
That's still just the beginning though. The International Energy Agency expected EVs to account for 80% of China's total car sales by 2030, thanks to supportive policies that encourage the alternative to combustion-powered vehicles. It's making inroads in Europe as well, for the same reason. And, while there's little incentive for the company to make a push into the United States' anemic EV market right now, if and when domestic interest perks up, Nio has maintained tentative plans for that possibility.
It could be a while before Nio works its way out of the red and into the black -- it simply needs more scale. This could make the stock a little less than completely comfortable to own in the interim.
It's making clear progress on the production as well as the profitability front though, and will almost certainly get there sooner or later, and likely sooner. Given how inevitable this outcome now seems, the market's apt to reward the progress en route to fiscal viability.
Should you invest $1,000 in Shopify right now?
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James Brumley has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Amazon and Shopify. The Motley Fool recommends Roche Holding AG. The Motley Fool has a disclosure policy.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

The Median Retirement Savings for American Households Is $87,000. Here Are 3 Incredible Stocks to Buy Now and Hold for Decades.

Key Points
It plans to roll out an SUV at the start of August.
The company's positive news was quite a contrast from a large American rival's struggles.
Several factors converged this week to make Chinese vehicle manufacturer Nio (NYSE: NIO) a popular stock in the somewhat battered electric vehicle (EV) sector. Almost unarguably the major one was the announcement of a new vehicle, although Tesla's (NASDAQ: TSLA) latest stumbles also played a role.
It was an eventful few days for Nio, and since these developments were positive the stock rose. It ended the week more than 12% higher in price, according to data compiled by S&P Global Market Intelligence.
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Now rolling out of the factory...
That new model is the ONVO L90, the rollout of which Nio incorporated into a press release touting the production of its 800,000th vehicle. The company described the ONVO L90 as a product that "redefines the family oriented three-row electric SUV."
It is to be made available for delivery starting Aug. 1 in Nio's native China, and it will retail for the equivalent of $27,000 for a battery-as-a-service version and $39,000 for a complete model.
The introduction of a new vehicle by a carmaker is always attention-grabbing, and often happy news for investors.
Timing mattered with this announcement, as it contrasted with Tesla's fairly grim second-quarter results. The American company, still the global flag-bearer for EVs, reported double-digit falls in revenue, deliveries, and profitability for the period.
A serious up-and-comer
Nio is doing a fine job leveraging its advantages, such as the Chinese government's zeal for next-generation transport solutions, and its growing presence in an economy that is still on the rise (albeit not as powerfully as it was several years ago). Investors, I believe, were right to be cheered by the company's upcoming rollout.
Should you invest $1,000 in Nio right now?
Before you buy stock in Nio, consider this:
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Nio wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $636,774!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,064,942!*
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Eric Volkman has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Tesla. The Motley Fool has a disclosure policy.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Why Nio Stock Accelerated 12% Higher This Week

The NASDAQ 100 Pre-Market Indicator is up 4.58 to 23,224.44. The total Pre-Market volume is currently 137,404,242 shares traded.
The following are the most active stocks for the pre-market session:
Intel Corporation (INTC) is -1.99 at $20.64, with 20,621,617 shares traded. INTC's current last sale is 93.82% of the target price of $22.
Direxion Daily TSLA Bull 2X Shares (TSLL) is +0.14 at $10.68, with 16,218,024 shares traded. This represents a 69.79% increase from its 52 Week Low.
Opendoor Technologies Inc (OPEN) is +0.151 at $2.57, with 9,169,004 shares traded. OPEN's current last sale is 270.63% of the target price of $0.95.
Centene Corporation (CNC) is -0.23 at $26.53, with 8,138,203 shares traded. Smarter Analyst Reports: Centene Provides Outlook for 2022; Shares Jump
iShares Bitcoin Trust ETF (IBIT) is -1.52 at $66.14, with 4,195,033 shares traded. This represents a 134.29% increase from its 52 Week Low.
Tradr 2X Short TSLA Daily ETF (TSLQ) is -0.24 at $18.40, with 3,454,295 shares traded. This represents a 29.11% increase from its 52 Week Low.
Tesla, Inc. (TSLA) is +2 at $307.30, with 2,982,119 shares traded. TSLA's current last sale is 101.42% of the target price of $303.
Oscar Health, Inc. (OSCR) is -0.05 at $14.15, with 1,285,400 shares traded. OSCR's current last sale is 128.64% of the target price of $11.
BigBear.ai, Inc. (BBAI) is -0.04 at $7.76, with 1,016,678 shares traded. BBAI's current last sale is 155.2% of the target price of $5.
Oklo Inc. (OKLO) is -2.19 at $72.40, with 735,089 shares traded., following a 52-week high recorded in prior regular session.
NIO Inc. (NIO) is -0.0298 at $4.80, with 612,779 shares traded. NIO's current last sale is 120.01% of the target price of $4.
UnitedHealth Group Incorporated (UNH) is -0.37 at $278.21, with 600,798 shares traded.UNH is scheduled to provide an earnings report on 7/29/2025, for the fiscal quarter ending Jun2025. The consensus earnings per share forecast is 4.84 per share, which represents a 680 percent increase over the EPS one Year Ago
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Pre-Market Most Active for Jul 25, 2025 : INTC, TSLL, OPEN, CNC, IBIT, TSLQ, TSLA, OSCR, BBAI, OKLO, NIO, UNH

The NASDAQ 100 Pre-Market Indicator is up 52.92 to 23,215.33. The total Pre-Market volume is currently 138,722,697 shares traded.
The following are the most active stocks for the pre-market session:
Direxion Daily TSLA Bull 2X Shares (TSLL) is -1.56 at $11.10, with 27,380,722 shares traded. This represents a 76.47% increase from its 52 Week Low.
Opendoor Technologies Inc (OPEN) is +0.1701 at $2.46, with 14,221,167 shares traded. OPEN's current last sale is 258.96% of the target price of $0.95.
Liminatus Pharma, Inc. (LIMN) is +1.4 at $7.87, with 7,402,152 shares traded.
American Airlines Group, Inc. (AAL) is -0.85 at $11.83, with 7,094,646 shares traded. Over the last four weeks they have had 5 up revisions for the earnings forecast, for the fiscal quarter ending Jun 2025. The consensus EPS forecast is $0.79. Smarter Analyst Reports: American Airlines Jumps 2% on Lower-than-Feared Quarterly Loss, Revenue Beats
Tesla, Inc. (TSLA) is -20.4 at $312.16, with 5,352,080 shares traded. TSLA's current last sale is 103.02% of the target price of $303.
Tradr 2X Short TSLA Daily ETF (TSLQ) is +2.01 at $17.97, with 4,490,200 shares traded. This represents a 26.1% increase from its 52 Week Low.
NIO Inc. (NIO) is +0.06 at $4.98, with 2,179,815 shares traded. NIO's current last sale is 124.5% of the target price of $4.
City Office REIT, Inc. (CIO) is +1.3599 at $6.92, with 2,122,989 shares traded.CIO is scheduled to provide an earnings report on 7/31/2025, for the fiscal quarter ending Jun2025. The consensus earnings per share forecast is 0.25 per share, which represents a 28 percent increase over the EPS one Year Ago
PG&E Corp (PCG) is +0.06 at $13.79, with 2,103,204 shares traded.PCG is scheduled to provide an earnings report on 7/31/2025, for the fiscal quarter ending Jun2025. The consensus earnings per share forecast is 0.34 per share, which represents a 31 percent increase over the EPS one Year Ago
Chipotle Mexican Grill, Inc. (CMG) is -6.39 at $46.39, with 1,777,074 shares traded. As reported by Zacks, the current mean recommendation for CMG is in the "buy range".
American Eagle Outfitters, Inc. (AEO) is +1.9 at $12.72, with 1,593,486 shares traded. AEO's current last sale is 115.64% of the target price of $11.
Dow Inc. (DOW) is -2.92 at $27.45, with 1,393,431 shares traded. DOW's current last sale is 90% of the target price of $30.5.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Pre-Market Most Active for Jul 24, 2025 : TSLL, OPEN, LIMN, AAL, TSLA, TSLQ, NIO, CIO, PCG, CMG, AEO, DOW

The NASDAQ 100 Pre-Market Indicator is up 34.36 to 23,097.94. The total Pre-Market volume is currently 249,543,904 shares traded.
The following are the most active stocks for the pre-market session:
Opendoor Technologies Inc (OPEN) is -0.28 at $2.60, with 27,481,801 shares traded. OPEN's current last sale is 273.68% of the target price of $0.95.
GoPro, Inc. (GPRO) is +0.73 at $2.10, with 21,373,014 shares traded. GPRO's current last sale is 700% of the target price of $0.3.
Krispy Kreme, Inc. (DNUT) is +1.36 at $5.49, with 20,274,273 shares traded. DNUT's current last sale is 114.38% of the target price of $4.8.
Direxion Daily TSLA Bull 2X Shares (TSLL) is -0.04 at $12.55, with 6,996,795 shares traded. This represents a 99.52% increase from its 52 Week Low.
Abivax SA (ABVX) is +49.5 at $59.50, with 4,949,205 shares traded. As reported by Zacks, the current mean recommendation for ABVX is in the "buy range".
NIO Inc. (NIO) is +0.2212 at $5.23, with 4,454,438 shares traded. NIO's current last sale is 130.78% of the target price of $4.
Rocket Companies, Inc. (RKT) is +1.5 at $17.50, with 4,323,651 shares traded. RKT's current last sale is 125% of the target price of $14.
NVIDIA Corporation (NVDA) is +2.1095 at $169.14, with 3,596,325 shares traded. As reported by Zacks, the current mean recommendation for NVDA is in the "buy range".
AT&T Inc. (T) is -0.82 at $26.60, with 1,871,931 shares traded. Smarter Analyst Reports: AT&T Posts Strong Q3 Results on Customer Growth
BigBear.ai, Inc. (BBAI) is +0.1212 at $7.49, with 1,497,626 shares traded. BBAI's current last sale is 149.82% of the target price of $5.
Kohl's Corporation (KSS) is -0.1 at $14.24, with 1,412,891 shares traded. KSS's current last sale is 178% of the target price of $8.
Stellantis N.V. (STLA) is +0.6 at $9.87, with 1,288,085 shares traded.STLA is scheduled to provide an earnings report on 7/29/2025, for the fiscal quarter ending Jun2025.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Pre-Market Most Active for Jul 23, 2025 : OPEN, GPRO, DNUT, TSLL, ABVX, NIO, RKT, NVDA, T, BBAI, KSS, STLA

It may come as a surprise to some, but the most money is made in investing by buying and holding solid growth stocks for the long term rather than jumping in and out of the market. Share prices are notoriously unpredictable in the short term, so frequent trading can lose you a ton of money.
Instead, park your money in well-run, quality companies that can grow their revenue, earnings, and free cash flow. Over time, as the businesses become more valuable, share prices should rise in tandem, netting you attractive capital gains.
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What constitutes quality a business?
Businesses that enable you to grow your wealth should have certain characteristics. They should demonstrate steady increases in revenue over the years and preferably be generating consistent free cash flow.
Such companies should also possess a robust business model and clear catalysts that can help them grow sustainably. Having a large and growing total addressable market is another attractive feature that should assure investors that a business still has a long growth runway.
With these criteria in mind, here are three attractive growth stocks that you should own in the long run.
Freshworks
Freshworks (NASDAQ: FRSH) uses artificial intelligence (AI) on its cloud platform to provide customer relationship management and IT service management. The company counts brands including American Express, Bridgestone, and Fila as its customers.
Freshworks has not only demonstrated consistent growth in revenue over the past three years, but it also saw its gross margin increase steadily, as shown below.
Metric
2021
2022
2023
Revenue
$371 million
$498 million
$596 million
Gross profit
$293 million
$402 million
$493 million
Gross margin
79%
81%
83%
As its top line improved, it also generated higher levels of free cash flow: It was $2.3 million in 2021 and leaped to $77.8 million by 2023.
Freshworks continued to display strong financial and operating metrics in the first nine months of 2024. Revenue rose 20.5% year over year to $525.8 million, while gross profit increased by almost 23% year over year to $442 million. The gross margin continued to improve from 82.5% in the previous year to 84.1% in the current period.
Free cash flow more than doubled year over year from $49.2 million to $111.6 million. Customers are also spending more -- those with over $5,000 in annual recurring revenue (ARR) increased by 14.4% year over year to 22,359 while those with more than $50,000 in ARR climbed nearly 33% year over year to 3,008.
The company recently introduced its Freddy AI Agent, a new generation of autonomous service agents that can be easily deployed at customers' workplaces. Management says these agents helped to resolve an average of 45% of customer support requests and 40% of IT service requests while delivering significant productivity and efficiency gains.
Freddy AI Agent can also increase personalization, helping to improve customer stickiness for the company's platform. During its 2023 Investor Day, management identified a total addressable market of $78 billion, a significant runway for the business.
Freshworks intends to continue leveraging AI to create new monetization opportunities, and the future looks bright as it demonstrates growth in revenue, gross margin, and free cash flow.
Confluent
Confluent (NASDAQ: CFLT) offers a data streaming platform that helps collate and consolidate organizations' real-time data from multiple sources to offer analytics and insights. The company is also enabling generative artificial intelligence (AI) that avoids hallucinations -- a response generated by AI that contains false or misleading information presented as fact -- and allows better access control.
Because of its cutting-edge software, Confluent has seen its revenue and gross margin increase, as shown below.
Metric
2021
2022
2023
Revenue
$388 million
$586 million
$777 million
Gross profit
$251 million
$384 million
$547 million
Gross margin
64.6%
65.5%
70.4%
Although free cash flow over these three years remained negative, encouraging signs point to the business, eventually generating positive free cash flow as it continues to scale up.
For the first nine months of 2024, Confluent saw revenue jump 24.6% year over year to $702.4 million. Gross profit climbed by 31% year over year to $512.5 million, with gross margin continuing to improve from 69.4% in the previous year to 73%.
The good news is that operating cash flow nearly turned positive, at negative $1.8 million, versus the prior year's operating cash outflow of $115.9 million. These numbers show that the company is well on its way to generating positive operating cash flow in due course.
Total customers also grew 16% year over year to around 5,680, and customers with ARR exceeding $1 million jumped by 19% year over year to 184. The company is growing its total customer base while also seeing customers spend more on its platform.
Management identified a total addressable market of $60 billion back in 2022. This market looks set to rise by 19% per annum to reach $100 billion by 2025, and it represents a significant opportunity for Confluent to continue growing since its annual revenue has yet to hit $1 billion.
With its annual subscription revenue soaring 66% per annum from 2018 to 2023, the company looks set to maintain this momentum since it is well positioned to benefit from the organizational shift to cloud computing.
Roku
Roku (NASDAQ: ROKU) is a provider of streaming content and helps its users find what they enjoy watching. The company also works with content publishers to monetize their audiences, and with advertisers looking to reach their target consumer segments.
Roku has steadily grown its revenue from 2021 to 2023 as seen in the table below. Gross margin has come under pressure as cost of revenue from its platform division shot up, but gross profit still managed to increase steadily over time.
Metric
2021
2022
2023
Revenue
$2.8 billion
$3.1 billion
$3.5 billion
Gross profit
$1.4 billion
$1.4 billion
$1.5 billion
Gross margin
51%
46.1%
43.7%
Free cash flow
$173 million
($150 million)
$188 million
The business generated fairly consistent free cash flow every year and has continued to do so this year.
For the first nine months of 2024, revenue rose 16.5% year over year to $2.9 billion while gross profit increased 19.2% year over year to $1.29 billion. There was a slight increase in gross margin from 43.4% to 44.4%, offering hope that Roku has managed to arrest the decline in this metric over the past three years.
Free cash flow came in at $136.2 million for the period, making 2022 seem like a blip as the streaming content provider is on its way to generating free cash flow for three out of the past four years.
The number of its streaming households continues to grow and was up 13% year over year to 85.5 million for the third quarter of 2024. The number of streaming hours also rose 20% year over year to 32 billion over the same period.
Roku announced that it has surpassed 90 million streaming households by the first week of 2025, which would represent at least a 12.5% year-over-year increase over the previous corresponding quarter.
The platform is seeing healthy momentum even as management launched its latest Roku Data Cloud that allows its partners to access, analyze, and use its proprietary TV data. This cloud-collaboration platform enables advertisers, agencies, and partners to obtain accurate information and curate their offerings to suit their target audience, allowing for better results.
The company has continued to add streaming services on its platform, with the latest being Crunchyroll, a global anime brand that offers access to 25,000 hours of anime with more than 2,000 titles.
These initiatives and business developments should help Roku to continue to expand its subscriber base and register more streaming hours, thereby helping the business to continue increasing its revenue and free cash flow.
Don’t miss this second chance at a potentially lucrative opportunity
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American Express is an advertising partner of Motley Fool Money. Royston Yang has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Roku. The Motley Fool recommends Confluent. The Motley Fool has a disclosure policy.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

3 Brilliant Growth Stocks to Buy Now and Hold for the Long Term

NIO Inc. (NIO) shares soared 10.8% in the last trading session to close at $5.01. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 31.8% gain over the past four weeks.
NIO stock surged after the company announced the L90’s official launch date. The model is set to launch on July 31, with deliveries starting on Aug. 1. Earlier this month, Morgan Stanley reaffirmed its “Buy” rating on NIO, highlighting the ONVO L90 launch as a key catalyst. The L90 is set to be one of the fastest-to-market models in NIO’s lineup.
This company is expected to post quarterly loss of $0.30 per share in its upcoming report, which represents a year-over-year change of +11.8%. Revenues are expected to be $2.76 billion, up 14.8% from the year-ago quarter.
Earnings and revenue growth expectations certainly give a good sense of the potential strength in a stock, but empirical research shows that trends in earnings estimate revisions are strongly correlated with near-term stock price movements.
For NIO, the consensus EPS estimate for the quarter has remained unchanged over the last 30 days. And a stock's price usually doesn't keep moving higher in the absence of any trend in earnings estimate revisions. So, make sure to keep an eye on NIO going forward to see if this recent jump can turn into more strength down the road.
The stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
NIO belongs to the Zacks Automotive - Foreign industry. Another stock from the same industry, Honda Motor (HMC), closed the last trading session 0.3% higher at $30.41. Over the past month, HMC has returned 5.6%.
For Honda, the consensus EPS estimate for the upcoming report has remained unchanged over the past month at $0.51. This represents a change of -67.5% from what the company reported a year ago. Honda currently has a Zacks Rank of #4 (Sell).
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Strength Seen in NIO (NIO): Can Its 10.8% Jump Turn into More Strength?

Key Points
Nio stock announced a new SUV line, and the news powered big gains for its stock today.
Nio's ONVO L90 will debut with a normal model and a cheaper, battery-as-a-service model.
The Chinese EV specialist looks cheap on a price-to-sales basis, but it's a risky play in the EV market.
Nio (NYSE: NIO) stock rocketed higher in Tuesday's trading following the announcement of a new vehicle. The company's share price closed out the daily session up 11%, despite a 0.4% decline for the Nasdaq Composite index in the session.
Nio's valuation surged today after the company announced its new three-row SUV model. With today's pop, the stock is now up roughly 15% across this year's trading.
Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Learn More »
Nio stock surges on ONVO L90 SUV announcement
Nio is rolling out its new ONVO L90 model for the Chinese market on Aug. 1. The vehicle will be rolled out at two price points -- a $39,000 complete model and a $27,000 battery-as-a-service model. The company's revenue increased 21.5% year over year in the first quarter, and investors are betting that the rollout of the company's new SUV will boost vehicle deliveries and allow the business to tap into high-margin service-based revenue streams.
What's next for Nio?
Despite the recent rally, Nio stock is still down roughly 76% over the last three years -- and the company is valued at just 90% of this year's expected revenue. Given that Tesla is currently trading at approximately 11 times this year's expected sales, Nio's price-to-sales ratio could look quite cheap at current levels.
For starters, Nio has yet to shift into profitability. The stock also comes with some big geopolitical risk factors connected to the increasingly adversarial relations between the U.S. and China. Nio could wind up delivering big wins for investors if the business' deliveries continue to expand at recent rates, but it's a risky play.
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Keith Noonan has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Tesla. The Motley Fool has a disclosure policy.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Why Nio Stock Skyrocketed Today

The NASDAQ 100 Pre-Market Indicator is down -5.34 to 23,174.72. The total Pre-Market volume is currently 168,215,532 shares traded.
The following are the most active stocks for the pre-market session:
Opendoor Technologies Inc (OPEN) is +0.62 at $3.83, with 67,855,698 shares traded., following a 52-week high recorded in prior regular session.
Direxion Daily TSLA Bull 2X Shares (TSLL) is +0.04 at $12.37, with 9,587,774 shares traded. This represents a 96.66% increase from its 52 Week Low.
Replimune Group, Inc. (REPL) is -9.335 at $2.99, with 8,496,137 shares traded. As reported in the last short interest update the days to cover for REPL is 8.600519; this calculation is based on the average trading volume of the stock.
ProShares UltraPro Short QQQ (SQQQ) is +0.01 at $18.43, with 7,500,171 shares traded., following a 52-week high recorded in prior regular session.
Oscar Health, Inc. (OSCR) is -0.46 at $13.16, with 7,026,851 shares traded. OSCR's current last sale is 119.64% of the target price of $11.
NVIDIA Corporation (NVDA) is -0.8 at $170.58, with 3,421,770 shares traded. As reported by Zacks, the current mean recommendation for NVDA is in the "buy range".
QuantumScape Corporation (QS) is -1.14 at $11.38, with 3,046,730 shares traded.QS is scheduled to provide an earnings report on 7/23/2025, for the fiscal quarter ending Jun2025. The consensus earnings per share forecast is -0.2 per share, which represents a -25 percent increase over the EPS one Year Ago
Recursion Pharmaceuticals, Inc. (RXRX) is +0.15 at $6.55, with 2,463,780 shares traded. RXRX's current last sale is 100.77% of the target price of $6.5.
BigBear.ai, Inc. (BBAI) is +0.1 at $7.50, with 1,883,400 shares traded. BBAI's current last sale is 150% of the target price of $5.
Joby Aviation, Inc. (JOBY) is -0.97 at $15.87, with 1,660,957 shares traded. JOBY's current last sale is 198.38% of the target price of $8.
NIO Inc. (NIO) is +0.1 at $4.62, with 1,481,611 shares traded. NIO's current last sale is 115.5% of the target price of $4.
Chevron Corporation (CVX) is +0.02 at $149.70, with 1,392,663 shares traded. Over the last four weeks they have had 3 up revisions for the earnings forecast, for the fiscal quarter ending Jun 2025. The consensus EPS forecast is $1.67. CVX's current last sale is 91% of the target price of $164.5.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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