NIO (NYSE:NIO) Posts Quarterly Earnings Results, Misses Estimates By $0.23 EPS

NIO (NYSE:NIO - Get Free Report) released its quarterly earnings data on Tuesday. The company reported ($0.45) earnings per share for the quarter, missing the consensus estimate of ($0.22) by ($0.23), Zacks reports. NIO had a negative net margin of 33.41% and a negative return on equity of 113.83%. The firm had revenue of $1.66 billion for the quarter, compared to analyst estimates of $12.46 billion. During the same period last year, the business earned ($2.39) EPS. The company's revenue was up 21.5% compared to the same quarter last year. NIO updated its Q2 2025 guidance to EPS.

NIO Trading Up 0.3%

NIO traded up $0.01 during midday trading on Friday, hitting $3.63. 31,087,259 shares of the company were exchanged, compared to its average volume of 53,068,416. The firm has a market capitalization of $7.58 billion, a P/E ratio of -2.40 and a beta of 1.73. NIO has a 1-year low of $3.02 and a 1-year high of $7.71. The firm's 50 day moving average price is $3.76 and its 200-day moving average price is $4.21. The company has a quick ratio of 0.93, a current ratio of 1.04 and a debt-to-equity ratio of 0.98.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on NIO. Mizuho cut their price objective on NIO from $4.00 to $3.50 and set a "neutral" rating on the stock in a report on Tuesday. Barclays cut their price objective on NIO from $4.00 to $3.00 and set an "underweight" rating on the stock in a report on Wednesday. Cfra Research raised NIO to a "hold" rating in a report on Friday, March 21st. Finally, Citigroup reissued a "buy" rating on shares of NIO in a report on Monday, April 28th. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating, one has given a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat, NIO currently has a consensus rating of "Hold" and a consensus target price of $4.76.

Institutional Inflows and Outflows

An institutional investor recently raised its position in NIO stock. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in Nio Inc - (NYSE:NIO - Free Report) by 3,966.7% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 5,316,291 shares of the company's stock after acquiring an additional 5,185,565 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC owned approximately 0.25% of NIO worth $20,255,000 as of its most recent filing with the Securities and Exchange Commission. Institutional investors and hedge funds own 48.55% of the company's stock.

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.