NIO (NYSE:NIO) Stock Price Up 4% - Still a Buy?

Key Points

• NIO Inc. shares rose 4% on Tuesday, trading as high as $5.23, while the average daily volume decreased by 4% from previous trading.
• Analysts have mixed views on NIO, with one strong buy, two buy ratings, nine hold ratings, and one sell rating, resulting in an average price target of $4.76.
• The company reported a loss of ($0.45) earnings per share for the last quarter, falling short of analysts' expectations, despite a 21.5% year-over-year revenue increase.

Shares of NIO Inc. (NYSE:NIO - Get Free Report) rose 4% on Tuesday . The company traded as high as $5.23 and last traded at $5.07. Approximately 49,483,863 shares changed hands during mid-day trading, a decline of 4% from the average daily volume of 51,473,277 shares. The stock had previously closed at $4.87.

Analyst Upgrades and Downgrades

NIO has been the subject of several analyst reports. JPMorgan Chase & Co. boosted their price target on shares of NIO from $4.10 to $4.80 and gave the stock a "neutral" rating in a report on Thursday, August 14th. Citigroup restated a "buy" rating on shares of NIO in a research report on Monday, April 28th. Mizuho reduced their price target on shares of NIO from $4.00 to $3.50 and set a "neutral" rating for the company in a research report on Tuesday, June 3rd. Morgan Stanley reiterated a "buy" rating on shares of NIO in a research report on Monday, July 14th. Finally, The Goldman Sachs Group upgraded shares of NIO from a "sell" rating to a "neutral" rating and upped their price objective for the stock from $3.70 to $3.80 in a research report on Tuesday, June 17th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, nine have given a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Hold" and an average price target of $4.76.

NIO Stock Performance

The stock has a market capitalization of $10.57 billion, a price-to-earnings ratio of -3.13 and a beta of 1.42. The stock's 50 day moving average is $4.11 and its 200 day moving average is $4.08. The company has a current ratio of 0.84, a quick ratio of 0.69 and a debt-to-equity ratio of 1.89.

NIO (NYSE:NIO - Get Free Report) last released its quarterly earnings results on Tuesday, June 3rd. The company reported ($0.45) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.22) by ($0.23). NIO had a negative return on equity of 286.45% and a negative net margin of 35.51%.The firm had revenue of $1.66 billion for the quarter, compared to analyst estimates of $12.46 billion. During the same period in the prior year, the business earned ($2.39) earnings per share. NIO's revenue for the quarter was up 21.5% on a year-over-year basis. NIO has set its Q2 2025 guidance at EPS. On average, analysts predict that NIO Inc. will post -1.43 earnings per share for the current year.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the business. Trilogy Capital Inc. grew its position in NIO by 1,307.5% in the first quarter. Trilogy Capital Inc. now owns 144,356 shares of the company's stock valued at $550,000 after acquiring an additional 134,100 shares in the last quarter. Ping Capital Management Inc. acquired a new stake in NIO in the first quarter valued at approximately $305,000. SIH Partners LLLP grew its position in NIO by 23.1% in the fourth quarter. SIH Partners LLLP now owns 933,700 shares of the company's stock valued at $4,071,000 after acquiring an additional 175,000 shares in the last quarter. Accuvest Global Advisors acquired a new stake in NIO in the first quarter valued at approximately $331,000. Finally, Baader Bank Aktiengesellschaft acquired a new stake in NIO in the first quarter valued at approximately $293,000. 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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