NIO (NYSE:NIO) Shares Up 3.5% - Still a Buy?

Key Points

• NIO shares rose 3.5% intraday to $5.59 (high $5.70) on Friday with ~55.9M shares traded, slightly below average; the company has a market cap of about $11.7B and 50-/200-day moving averages of $6.97 and $5.30.
• Analyst sentiment is mixed—4 Buys, 6 Holds and 2 Sells—resulting in an average consensus rating of “Hold” and an average price target of $7.03, though recent upgrades and higher targets came from JPMorgan, UBS and Citigroup.
• NIO remains unprofitable after reporting an EPS miss (‑$0.32 vs. ‑$0.30) despite ~9% revenue growth year‑over‑year; analysts forecast roughly -1.43 EPS for the current year and the company shows negative net margin and ROE.

NIO Inc. (NYSE:NIO - Get Free Report)'s share price traded up 3.5% during trading on Friday . The company traded as high as $5.70 and last traded at $5.59. 55,913,460 shares traded hands during mid-day trading, a decline of 6% from the average session volume of 59,497,266 shares. The stock had previously closed at $5.40.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on NIO shares. Weiss Ratings restated a "sell (e+)" rating on shares of NIO in a research note on Wednesday, October 8th. Bank of America lifted their target price 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. JPMorgan Chase & Co. upgraded shares of NIO from a "neutral" rating to an "overweight" rating and upped their price target for the company from $4.80 to $8.00 in a research note on Tuesday, August 26th. UBS Group raised shares of NIO from a "neutral" rating to a "buy" rating and raised their price target for the stock from $6.20 to $8.50 in a report on Tuesday, September 16th. Finally, Citigroup lifted their price objective on shares of NIO from $8.10 to $8.60 and gave the stock a "buy" rating in a research note on Tuesday, September 23rd. Four research analysts have rated the stock with a Buy rating, six have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Hold" and an average target price of $7.03.

NIO Stock Up 3.5%

The stock has a 50-day moving average of $6.97 and a 200 day moving average of $5.30. The stock has a market cap of $11.67 billion, a PE ratio of -3.49 and a beta of 1.46.

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

Hedge Funds Weigh In On NIO

Institutional investors have recently modified their holdings of the stock. Caitong International Asset Management Co. Ltd boosted its stake in shares of NIO by 3,282.6% in the third quarter. Caitong International Asset Management Co. Ltd now owns 42,925 shares of the company's stock worth $327,000 after buying an additional 41,656 shares during the last quarter. Central Asset Investments & Management Holdings HK Ltd purchased a new stake in NIO in the 3rd quarter worth approximately $431,000. CANADA LIFE ASSURANCE Co boosted its position in NIO by 13.8% in the 3rd quarter. CANADA LIFE ASSURANCE Co now owns 1,066,223 shares of the company's stock worth $7,675,000 after purchasing an additional 129,487 shares in the last quarter. PharVision Advisers LLC acquired a new stake in shares of NIO during the 3rd quarter worth approximately $155,000. Finally, XTX Topco Ltd purchased a new position in shares of NIO during the 3rd quarter valued at approximately $1,456,000. Hedge funds and other institutional investors own 48.55% of the company's stock.

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.

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