NIO (NYSE:NIO) Shares Up 3.4% - What's Next?

Key Points

• NIO shares increased by 3.4%, trading at approximately $7.25, despite lower trading volume compared to the daily average.
• Recent analyst reports show mixed ratings for NIO, with targets revised upwards, including Citigroup raising their price target from $8.10 to $8.60.
• The company reported a quarterly earnings loss of ($0.32) per share, missing analyst expectations, while revenue was up 9.0% year-over-year.

NIO Inc. (NYSE:NIO - Get Free Report) rose 3.4% during mid-day trading on Friday . The stock traded as high as $7.27 and last traded at $7.2450. Approximately 50,592,313 shares traded hands during trading, a decline of 15% from the average daily volume of 59,819,355 shares. The stock had previously closed at $7.01.

Analysts Set New Price Targets

NIO has been the topic of several recent analyst reports. Morgan Stanley restated a "buy" rating on shares of NIO in a report on Monday, July 14th. Citigroup upped their target price on NIO from $8.10 to $8.60 and gave the stock a "buy" rating in a research report on Tuesday, September 23rd. Wall Street Zen raised NIO from a "strong sell" rating to a "hold" rating in a research report on Monday, September 8th. 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, September 3rd. Finally, UBS Group raised NIO from a "neutral" rating to a "buy" rating and lifted their price objective for the company from $6.20 to $8.50 in a report on Tuesday, September 16th. Four research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have given a Sell rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and an average target price of $6.75.

NIO Stock Up 3.4%

The company has a market capitalization of $15.12 billion, a P/E ratio of -4.53 and a beta of 1.30. The stock has a fifty day simple moving average of $6.87 and a 200-day simple moving average of $5.02.

NIO (NYSE:NIO - Get Free Report) last announced 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 net margin of 34.71% and a negative return on equity of 589.46%. The business 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 posted ($2.21) earnings per share. The business's quarterly revenue was up 9.0% compared to the same quarter last year. NIO has set its Q3 2025 guidance at EPS. Analysts predict that NIO Inc. will post -1.43 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. Farther Finance Advisors LLC raised its position in NIO by 148.3% in the 3rd quarter. Farther Finance Advisors LLC now owns 4,817 shares of the company's stock worth $37,000 after purchasing an additional 2,877 shares during the last quarter. Xponance Inc. acquired a new position in NIO during the 1st quarter worth approximately $39,000. Blueshift Asset Management LLC acquired a new stake in shares of NIO in the first quarter valued at about $43,000. Hedeker Wealth LLC bought a new stake in NIO in the 2nd quarter valued at $43,000. Finally, May Hill Capital LLC bought a new stake in NIO in the 1st quarter valued at $48,000. Institutional investors own 48.55% of the company's stock.

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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