NIO (NYSE:NIO) Stock Price Down 2.6% - What's Next?

Key Points

• Shares fell 2.6% on Friday to about $4.65 (intraday low $4.63) with 36.2 million shares traded, roughly 15% below the stock's average session volume.
• Analysts are divided but cautious: the consensus rating is "Hold" with a consensus price target of $6.83, after recent mixed actions including upgrades from Macquarie and cuts/reviews from Barclays, Citigroup, Weiss and Goldman Sachs.
• Key fundamentals show stress: market cap ~$9.7 billion, a negative P/E (-3.20), the stock sits below its 50‑day ($5.10) and 200‑day ($5.71) moving averages, and liquidity/leverage metrics (current ratio 0.94, debt/equity 2.36) point to tight short-term liquidity and elevated leverage.

Shares of NIO Inc. (NYSE:NIO - Get Free Report) fell 2.6% on Friday . The company traded as low as $4.63 and last traded at $4.6450. 36,213,930 shares changed hands during mid-day trading, a decline of 15% from the average session volume of 42,640,652 shares. The stock had previously closed at $4.77.

Analyst Ratings Changes

Several analysts have recently commented on NIO shares. Barclays raised their price objective on shares of NIO from $3.00 to $4.00 and gave the stock an "underweight" rating in a research report on Friday, November 28th. Citigroup reduced their price objective on NIO from $8.60 to $6.90 and set a "buy" rating for the company in a research note on Wednesday, November 26th. Macquarie raised shares of NIO from a "neutral" rating to an "outperform" rating and set a $6.10 target price for the company in a research report on Thursday, January 15th. Weiss Ratings reiterated a "sell (d-)" rating on shares of NIO in a report on Monday, December 29th. Finally, The Goldman Sachs Group restated a "neutral" rating and set a $7.00 price objective on shares of NIO in a research note on Thursday, October 30th. Four research analysts have rated the stock with a Buy rating, five have given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus price target of $6.83.

NIO Stock Down 2.6%

The stock's 50-day moving average price is $5.10 and its two-hundred day moving average price is $5.71. 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 stock has a market capitalization of $9.69 billion, a P/E ratio of -3.20 and a beta of 1.05.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in NIO. Farther Finance Advisors LLC boosted its position in NIO by 148.3% during the third 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 period. Allworth Financial LP lifted its stake in shares of NIO by 183.5% during the 3rd quarter. Allworth Financial LP now owns 6,596 shares of the company's stock valued at $50,000 after buying an additional 4,269 shares in the last quarter. Aries Wealth Management purchased a new stake in shares of NIO during the 3rd quarter valued at approximately $76,000. Concurrent Investment Advisors LLC bought a new position in NIO in the 3rd quarter worth approximately $77,000. Finally, Strategies Wealth Advisors LLC purchased a new position in NIO in the 3rd quarter valued at approximately $77,000. Institutional investors own 48.55% of the company's stock.

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.