NIO (NYSE:NIO) Shares Down 5% - Time to Sell?

Key Points

• NIO's shares experienced a 5% decline, closing at $7.46, with trading volume increasing by 7% compared to the average.
• Analysts have mixed ratings on NIO, with four "Buy," seven "Hold," and two "Sell" ratings; the consensus target price stands at $6.35.
• The company's latest earnings report showed a miss on earnings expectations, with a reported EPS of -$0.32 compared to the estimate of -$0.30.

NIO Inc. (NYSE:NIO - Get Free Report)'s share price was down 5% during trading on Thursday . The stock traded as low as $7.40 and last traded at $7.46. Approximately 64,421,313 shares traded hands during trading, an increase of 7% from the average daily volume of 60,066,590 shares. The stock had previously closed at $7.85.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on NIO. Wall Street Zen raised NIO from a "strong sell" rating to a "hold" rating in a research report on Monday, September 8th. Mizuho raised their price target on NIO from $6.00 to $7.00 and gave the company a "neutral" rating in a research report on Tuesday, September 23rd. Bank of America raised their price target on NIO from $5.00 to $7.10 and gave the company a "neutral" rating in a research report on Wednesday, September 3rd. UBS Group raised NIO from a "neutral" rating to a "buy" rating and raised their price target for the company from $6.20 to $8.50 in a research report on Tuesday, September 16th. Finally, Morgan Stanley reaffirmed a "buy" rating on shares of NIO in a research report on Monday, July 14th. Four equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have assigned a Sell rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price of $6.35.

NIO Stock Down 5.0%

The firm has a market capitalization of $15.57 billion, a price-to-earnings ratio of -4.66 and a beta of 1.30. The business has a 50-day moving average of $6.24 and a two-hundred day moving average of $4.67.

NIO (NYSE:NIO - Get Free Report) last released its earnings results on Tuesday, September 2nd. The company reported ($0.32) earnings per share for the quarter, missing analysts' consensus estimates of ($0.30) by ($0.02). NIO had a negative return on equity of 589.46% and a negative net margin of 34.71%.The firm had revenue of $2.65 billion for the quarter, compared to analyst estimates of $20.07 billion. During the same period last year, the business earned ($2.21) earnings per share. The firm's quarterly revenue was up 9.0% compared to the same quarter last year. NIO has set its Q3 2025 guidance at EPS. Equities analysts predict that NIO Inc. will post -1.43 EPS for the current fiscal year.

Institutional Investors Weigh In On NIO

Institutional investors have recently added to or reduced their stakes in the stock. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in shares of NIO by 3,966.7% in the first 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 last quarter. Kingstone Capital Partners Texas LLC bought a new stake in shares of NIO in the 2nd quarter valued at $12,315,000. SG Americas Securities LLC boosted its stake in NIO by 83.3% in the 1st quarter. SG Americas Securities LLC now owns 2,109,761 shares of the company's stock worth $8,038,000 after purchasing an additional 958,750 shares during the period. Vontobel Holding Ltd. boosted its stake in NIO by 125.2% in the 2nd quarter. Vontobel Holding Ltd. now owns 1,094,398 shares of the company's stock worth $3,754,000 after purchasing an additional 608,377 shares during the period. Finally, Hsbc Holdings PLC boosted its stake in shares of NIO by 96.6% during the 1st quarter. Hsbc Holdings PLC now owns 1,039,162 shares of the company's stock worth $3,964,000 after buying an additional 510,610 shares during the last quarter. 48.55% of the stock is owned by institutional investors and hedge funds.

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.

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