NIO (NYSE:NIO) Releases Quarterly Earnings Results, Misses Expectations By $0.02 EPS

Key Points

• NIO reported a quarterly EPS of ($0.32), missing the consensus estimate of ($0.30) by $0.02, alongside a negative net margin of 35.51%.
• Following the earnings announcement, NIO's stock dropped by 2.0%, opening at $6.38 with a market cap of $13.31 billion.
• Several brokerages have recently adjusted their price targets for NIO, with Mizuho lowering it to $3.50 and JPMorgan upgrading it to $8.00, reflecting mixed analyst sentiment.

NIO (NYSE:NIO - Get Free Report) announced its earnings results on Tuesday. The company reported ($0.32) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.30) by ($0.02), Zacks reports. NIO had a negative net margin of 35.51% and a negative return on equity of 286.45%. The company had revenue of $2.65 billion during the quarter, compared to analyst estimates of $20.07 billion. During the same quarter last year, the business earned ($2.21) EPS. The firm's revenue for the quarter was up 9.0% compared to the same quarter last year. NIO updated its Q3 2025 guidance to EPS.

NIO Stock Down 3.1%

Shares of NIO stock traded down $0.20 during trading on Thursday, reaching $6.12. The company's stock had a trading volume of 72,564,514 shares, compared to its average volume of 55,837,180. The company has a debt-to-equity ratio of 1.89, a current ratio of 0.84 and a quick ratio of 0.69. NIO has a 1-year low of $3.02 and a 1-year high of $7.71. The company has a market capitalization of $12.78 billion, a price-to-earnings ratio of -3.78 and a beta of 1.20. The stock's 50-day moving average price is $4.73 and its 200 day moving average price is $4.24.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Franklin Resources Inc. grew its holdings in NIO by 50.9% during the 2nd quarter. Franklin Resources Inc. now owns 17,707 shares of the company's stock worth $61,000 after acquiring an additional 5,974 shares in the last quarter. AXA S.A. acquired a new position in NIO during the 2nd quarter worth approximately $64,000. Headlands Technologies LLC acquired a new position in NIO during the 2nd quarter worth approximately $240,000. First Trust Advisors LP grew its holdings in NIO by 67.4% during the 2nd quarter. First Trust Advisors LP now owns 73,280 shares of the company's stock worth $251,000 after acquiring an additional 29,501 shares in the last quarter. Finally, Vienna Asset Management LLC lifted its position in shares of NIO by 238.0% during the 2nd quarter. Vienna Asset Management LLC now owns 77,406 shares of the company's stock worth $266,000 after buying an additional 54,506 shares during the last quarter. Institutional investors and hedge funds own 48.55% of the company's stock.

Analysts Set New Price Targets

Several analysts have recently issued reports on NIO shares. The Goldman Sachs Group upgraded shares of NIO from a "sell" rating to a "neutral" rating and lifted their target price for the company from $3.70 to $3.80 in a research report on Tuesday, June 17th. Bank of America raised their price target on shares of NIO from $5.00 to $7.10 and gave the stock a "neutral" rating in a research note on Wednesday. Barclays reduced their target price on shares of NIO from $4.00 to $3.00 and set an "underweight" rating on the stock in a research note on Wednesday, June 4th. Morgan Stanley reiterated a "buy" rating on shares of NIO in a research report on Monday, July 14th. Finally, Mizuho lifted their price target on shares of NIO from $3.50 to $6.00 and gave the company a "neutral" rating in a research report on Wednesday. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of $5.83.

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.