WMG Financial Advisors LLC Has $1.63 Million Holdings in NIO Inc. $NIO

Key Points

• WMG Financial Advisors LLC increased its stake in NIO Inc. by 17.9% in Q2, now holding approximately $1.63 million worth of shares, making it the 29th largest position in their portfolio.
• Analysts are optimistic about NIO, with several upgrades; Goldman Sachs raised its rating from "sell" to "neutral" and increased the target price, while JPMorgan Chase upgraded to "overweight" with a target of $8.00.
• NIO reported a loss of ($0.32) EPS for the last quarter, falling short of expectations, even as its revenue increased by 9% year-over-year to $2.65 billion.

WMG Financial Advisors LLC lifted its stake in shares of NIO Inc. (NYSE:NIO - Free Report) by 17.9% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 474,966 shares of the company's stock after buying an additional 72,170 shares during the period. NIO comprises approximately 0.6% of WMG Financial Advisors LLC's investment portfolio, making the stock its 29th biggest position. WMG Financial Advisors LLC's holdings in NIO were worth $1,629,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of NIO. Tempus Wealth Planning LLC raised its holdings in shares of NIO by 7.4% during the first quarter. Tempus Wealth Planning LLC now owns 42,710 shares of the company's stock valued at $163,000 after purchasing an additional 2,943 shares during the period. Private Advisor Group LLC raised its holdings in shares of NIO by 4.6% during the first quarter. Private Advisor Group LLC now owns 79,500 shares of the company's stock valued at $303,000 after purchasing an additional 3,527 shares during the period. FNY Investment Advisers LLC raised its holdings in shares of NIO by 2.7% during the first quarter. FNY Investment Advisers LLC now owns 149,300 shares of the company's stock valued at $568,000 after purchasing an additional 3,870 shares during the period. Mirae Asset Global Investments Co. Ltd. raised its holdings in shares of NIO by 2.2% during the second quarter. Mirae Asset Global Investments Co. Ltd. now owns 220,694 shares of the company's stock valued at $757,000 after purchasing an additional 4,846 shares during the period. Finally, Cerity Partners LLC raised its holdings in shares of NIO by 38.0% during the first quarter. Cerity Partners LLC now owns 18,999 shares of the company's stock valued at $72,000 after purchasing an additional 5,234 shares during the period. Institutional investors own 48.55% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on NIO shares. Morgan Stanley restated a "buy" rating on shares of NIO in a report on Monday, July 14th. The Goldman Sachs Group upgraded shares of NIO from a "sell" rating to a "neutral" rating and upped their target price for the stock from $3.70 to $3.80 in a report on Tuesday, June 17th. JPMorgan Chase & Co. upgraded shares of NIO from a "neutral" rating to an "overweight" rating and upped their target price for the stock from $4.80 to $8.00 in a report on Tuesday, August 26th. UBS Group upgraded shares of NIO from a "neutral" rating to a "buy" rating and upped their target price for the stock from $6.20 to $8.50 in a report on Tuesday, September 16th. Finally, Mizuho upped their target price on shares of NIO from $6.00 to $7.00 and gave the stock a "neutral" rating in a report on Tuesday, September 23rd. Four investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus target price of $6.35.

NIO Stock Performance

NYSE:NIO opened at $7.46 on Friday. The firm has a market cap of $15.57 billion, a price-to-earnings ratio of -4.66 and a beta of 1.30. NIO Inc. has a 52 week low of $3.02 and a 52 week high of $8.02. The firm has a 50-day moving average price of $6.24 and a two-hundred day moving average price of $4.67.

NIO (NYSE:NIO - Get Free Report) last posted its quarterly earnings data on Tuesday, September 2nd. The company reported ($0.32) EPS for the quarter, missing the consensus estimate of ($0.30) by ($0.02). NIO had a negative net margin of 34.71% and a negative return on equity of 589.46%. The firm had revenue of $2.65 billion during the quarter, compared to analysts' expectations of $20.07 billion. During the same quarter last year, the business posted ($2.21) EPS. The company's quarterly revenue was up 9.0% on a year-over-year basis. NIO has set its Q3 2025 guidance at EPS. As a group, sell-side analysts forecast that NIO Inc. will post -1.43 earnings per share for the current year.

About NIO

NIO Inc designs, manufactures, and sells electric vehicles in the People's Republic of China. The company is also involved in the manufacture of e-powertrain, battery packs, and components; and racing management, technology development, and sales and after-sales management activities. In addition, it offers power solutions for battery charging needs; and other value-added services.

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