NIO (NYSE:NIO) Earns Sell (E+) Rating from Weiss Ratings

Key Points

• NIO has received a "sell (E+)" rating from Weiss Ratings, indicating negative sentiment towards its stock performance.
• Recent price targets from analysts show a mix of ratings, with Mizuho setting a price objective of $7.00, while Citigroup raised its target to $8.60 and gave a "buy" rating.
• NIO's stock has experienced a 4.1% decline recently, trading at $7.53, amid ongoing concerns over its financial performance, including a negative earnings report.

NIO (NYSE:NIO - Get Free Report)'s stock had its "sell (e+)" rating reiterated by equities researchers at Weiss Ratings in a research note issued to investors on Wednesday,Weiss Ratings reports.

A number of other equities analysts have also recently issued reports on NIO. Mizuho increased their price objective on shares of NIO from $6.00 to $7.00 and gave the stock a "neutral" rating in a research report on Tuesday, September 23rd. Citigroup increased their price objective on shares of NIO from $8.10 to $8.60 and gave the stock a "buy" rating in a research report on Tuesday, September 23rd. Bank of America upped their target price on shares of NIO from $5.00 to $7.10 and gave the stock a "neutral" rating in a report on Wednesday, September 3rd. 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. Finally, Morgan Stanley restated a "buy" rating on shares of NIO in a report on Monday, July 14th. Four research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of $6.35.

NIO Stock Down 4.1%

NIO traded down $0.33 during trading on Wednesday, reaching $7.53. 17,886,000 shares of the stock traded hands, compared to its average volume of 59,811,422. The stock has a market capitalization of $15.71 billion, a PE ratio of -4.74 and a beta of 1.30. The stock's 50-day moving average is $6.18 and its 200 day moving average is $4.65. NIO has a 12 month low of $3.02 and a 12 month high of $8.02.

NIO (NYSE:NIO - Get Free Report) last released its quarterly earnings data on Tuesday, September 2nd. The company reported ($0.32) earnings per share (EPS) for the quarter, missing analysts' consensus estimates 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 return on equity of 589.46% and a negative net margin of 34.71%.NIO's revenue for the quarter was up 9.0% compared to the same quarter last year. During the same period last year, the company earned ($2.21) EPS. NIO has set its Q3 2025 guidance at EPS. As a group, equities research analysts anticipate that NIO will post -1.43 EPS for the current year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the stock. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in shares of NIO by 3,966.7% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 5,316,291 shares of the company's stock valued at $20,255,000 after acquiring an additional 5,185,565 shares during the period. Kingstone Capital Partners Texas LLC bought a new position in shares of NIO during the 2nd quarter valued at approximately $12,315,000. Invesco Ltd. grew its position in shares of NIO by 22.7% during the 2nd quarter. Invesco Ltd. now owns 2,738,308 shares of the company's stock valued at $9,392,000 after acquiring an additional 506,618 shares during the period. SG Americas Securities LLC grew its position in shares of NIO by 83.3% during the 1st quarter. SG Americas Securities LLC now owns 2,109,761 shares of the company's stock valued at $8,038,000 after acquiring an additional 958,750 shares during the period. Finally, Vontobel Holding Ltd. grew its position in shares of NIO by 125.2% during the 2nd quarter. Vontobel Holding Ltd. now owns 1,094,398 shares of the company's stock valued at $3,754,000 after acquiring an additional 608,377 shares during the period. 48.55% of the stock is owned by institutional investors.

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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