NIO (NYSE:NIO) Posts Earnings Results

Key Points

• NIO beat expectations with Q results showing $0.04 EPS vs. a consensus of ($0.07), but the company still reported a negative net margin of 31.17% and a deeply negative return on equity (-1,085.61%).
• Shares opened at $4.97 with a market cap of $11.41 billion and a negative PE (-3.42); Wall Street’s consensus rating is "Hold" with a $6.83 target, reflecting mixed analyst views (4 Buy, 5 Hold, 2 Sell).
• Liquidity and leverage are pressured—current ratio 0.94, quick ratio 0.83 and debt-to-equity 2.36—while institutional investors own about 48.6% of the stock and several funds made modest recent purchases.

NIO (NYSE:NIO - Get Free Report) announced its earnings results on Tuesday. The company reported $0.04 EPS for the quarter, topping the consensus estimate of ($0.07) by $0.11, FiscalAI reports. NIO had a negative net margin of 31.17% and a negative return on equity of 1,085.61%.

NIO Stock Performance

Shares of NIO stock opened at $4.97 on Tuesday. The company has a current ratio of 0.94, a quick ratio of 0.83 and a debt-to-equity ratio of 2.36. The company has a market cap of $11.41 billion, a PE ratio of -3.42 and a beta of 1.11. The company has a 50 day moving average of $4.84 and a 200-day moving average of $5.79. NIO has a 1-year low of $3.02 and a 1-year high of $8.02.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the company. Weiss Ratings reiterated a "sell (d-)" rating on shares of NIO in a research note on Monday, December 29th. Barclays raised their price objective on NIO from $3.00 to $4.00 and gave the stock an "underweight" rating in a research note on Friday, November 28th. UBS Group downgraded NIO from a "buy" rating to a "hold" rating in a research report on Tuesday, November 25th. Citigroup reduced their target price on NIO from $8.60 to $6.90 and set a "buy" rating on the stock in a report on Wednesday, November 26th. Finally, Macquarie Infrastructure upgraded NIO from a "neutral" rating to an "outperform" rating and set a $6.10 price target on the stock in a research report on Thursday, January 15th. Four research analysts have rated the stock with a Buy rating, five have given a Hold rating and two have given a Sell rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price of $6.83.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the company. Tidal Investments LLC lifted its stake in NIO by 0.9% during the second quarter. Tidal Investments LLC now owns 287,140 shares of the company's stock worth $985,000 after purchasing an additional 2,433 shares during the last quarter. Wealthspire Advisors LLC increased its stake in shares of NIO by 26.4% in the 4th quarter. Wealthspire Advisors LLC now owns 12,980 shares of the company's stock valued at $66,000 after purchasing an additional 2,707 shares during the last quarter. Kestra Advisory Services LLC increased its stake in shares of NIO by 9.3% in the 4th quarter. Kestra Advisory Services LLC now owns 35,005 shares of the company's stock valued at $179,000 after purchasing an additional 2,987 shares during the last quarter. Arax Advisory Partners raised its holdings in shares of NIO by 81.6% during the 4th quarter. Arax Advisory Partners now owns 7,758 shares of the company's stock worth $40,000 after buying an additional 3,487 shares in the last quarter. Finally, Compound Planning Inc. lifted its position in shares of NIO by 12.9% during the 4th quarter. Compound Planning Inc. now owns 41,449 shares of the company's stock worth $211,000 after buying an additional 4,721 shares during the last quarter. 48.55% of the stock is currently owned by institutional investors and hedge funds.

NIO Company Profile

NIO Inc is a pioneer in the premium electric vehicle (EV) segment, dedicated to the design, development and manufacture of smart, high-performance EVs. Established in November 2014 and headquartered in Shanghai, China, the company focuses on integrating cutting-edge electric propulsion, advanced connectivity and autonomous driving technologies into its automotive platforms. NIO's vision centers on creating a holistic user experience that extends beyond the vehicle itself, encompassing energy services and digital solutions.

The company's product lineup includes flagship SUVs and sedans such as the ES8, ES6, EC6, ET7 and ET5, each engineered to deliver strong performance, long range and a suite of intelligent driver-assistance features.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.