NIO (NYSE:NIO) Releases Quarterly Earnings Results, Misses Estimates By $0.14 EPS

NIO (NYSE:NIO - Get Free Report) posted its earnings results on Friday. The company reported ($0.47) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.33) by ($0.14), Zacks reports. The firm had revenue of $2.70 billion for the quarter, compared to analyst estimates of $20.19 billion. NIO had a negative return on equity of 113.83% and a negative net margin of 33.41%. NIO's revenue was up 15.2% on a year-over-year basis. During the same period in the previous year, the company posted ($2.81) EPS. NIO updated its Q1 2025 guidance to EPS.

NIO Stock Up 0.2 %

Shares of NYSE:NIO traded up $0.01 on Tuesday, hitting $4.39. 37,973,459 shares of the company's stock were exchanged, compared to its average volume of 55,319,086. NIO has a 1-year low of $3.61 and a 1-year high of $7.71. The company has a market capitalization of $9.16 billion, a PE ratio of -2.91 and a beta of 1.81. The company has a debt-to-equity ratio of 0.98, a quick ratio of 0.93 and a current ratio of 1.04. The firm's 50-day moving average is $4.44 and its 200 day moving average is $4.86.

Wall Street Analyst Weigh In

NIO has been the subject of several recent research reports. Cfra Research raised shares of NIO to a "hold" rating in a research note on Friday. Citigroup dropped their price target on shares of NIO from $8.90 to $8.10 and set a "buy" rating for the company in a research note on Monday. Mizuho reduced their price objective on NIO from $5.00 to $4.20 and set a "neutral" rating on the stock in a research note on Monday. Hsbc Global Res cut NIO from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, January 7th. Finally, The Goldman Sachs Group downgraded NIO from a "neutral" rating to a "sell" rating and cut their price target for the stock from $4.80 to $3.90 in a report on Monday, November 25th. Two analysts have rated the stock with a sell rating, eight have given a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat.com, NIO has an average rating of "Hold" and a consensus price target of $5.00.

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.