NIO Inc. (NYSE:NIO) Receives Average Recommendation of "Hold" from Analysts

Shares of NIO Inc. (NYSE:NIO - Get Free Report) have been given an average recommendation of "Hold" by the twelve ratings firms that are covering the firm, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, seven have given a hold recommendation, three have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month target price among brokerages that have covered the stock in the last year is $5.8286.

Several equities analysts recently weighed in on the stock. The Goldman Sachs Group upgraded shares of NIO from a "sell" rating to a "neutral" rating and increased their price target for the company from $3.70 to $3.80 in a research report on Tuesday, June 17th. Mizuho increased their target price on shares of NIO from $3.50 to $6.00 and gave the stock a "neutral" rating in a research report on Wednesday. Bank of America increased their target price on shares of NIO from $5.00 to $7.10 and gave the stock a "neutral" rating in a research report on Wednesday. Morgan Stanley reiterated a "buy" rating on shares of NIO in a research report on Monday, July 14th. Finally, JPMorgan Chase & Co. upgraded shares of NIO from a "neutral" rating to an "overweight" rating and increased their target price for the stock from $4.80 to $8.00 in a research report on Tuesday, August 26th.

Hedge Funds Weigh In On NIO

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Trilogy Capital Inc. boosted its position in NIO by 1,307.5% during the first quarter. Trilogy Capital Inc. now owns 144,356 shares of the company's stock worth $550,000 after purchasing an additional 134,100 shares during the period. Ping Capital Management Inc. bought a new position in shares of NIO in the first quarter valued at approximately $305,000. Hsbc Holdings PLC boosted its position in shares of NIO by 96.6% in the first quarter. Hsbc Holdings PLC now owns 1,039,162 shares of the company's stock valued at $3,964,000 after acquiring an additional 510,610 shares during the period. American Century Companies Inc. boosted its position in shares of NIO by 18.0% in the first quarter. American Century Companies Inc. now owns 702,772 shares of the company's stock valued at $2,678,000 after acquiring an additional 107,239 shares during the period. Finally, Accuvest Global Advisors bought a new position in shares of NIO in the first quarter valued at approximately $331,000. Institutional investors own 48.55% of the company's stock.

NIO Price Performance

NIO opened at $5.94 on Friday. The firm has a market cap of $12.40 billion, a P/E ratio of -3.71 and a beta of 1.20. The firm has a 50-day moving average of $4.83 and a 200 day moving average of $4.26. The company has a debt-to-equity ratio of 1.89, a quick ratio of 0.69 and a current ratio of 0.84. NIO has a fifty-two week low of $3.02 and a fifty-two week high of $7.71.

NIO (NYSE:NIO - Get Free Report) last posted its quarterly earnings results on Tuesday, September 2nd. The company reported ($0.32) earnings per share for the quarter, missing the consensus estimate of ($0.30) by ($0.02). The company had revenue of $2.65 billion for the quarter, compared to the consensus estimate of $20.07 billion. NIO had a negative net margin of 34.71% and a negative return on equity of 589.46%. NIO's quarterly revenue was up 9.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted ($2.21) EPS. NIO has set its Q3 2025 guidance at EPS. On average, research analysts expect that NIO will post -1.43 EPS for the current year.

NIO Company Profile

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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