NIO (NYSE:NIO) Trading 4.7% Higher - Should You Buy?

Key Points

• NIO Inc. shares increased by 4.7% on Thursday, reaching a high of $7.68 and closing at $7.46, with significant trading volume up 56% from the average.
• Analysts have upgraded NIO's ratings, with Goldman Sachs and Bank of America raising their price targets, reflecting a generally bullish outlook despite a mixed earnings report.
• Institutional investors hold 48.55% of NIO's stock, with significant increases in holdings from companies like Trilogy Capital and Hsbc Holdings, indicating growing institutional interest.

Shares of NIO Inc. (NYSE:NIO - Get Free Report) were up 4.7% on Thursday . The company traded as high as $7.68 and last traded at $7.46. Approximately 92,194,024 shares traded hands during trading, an increase of 56% from the average daily volume of 59,239,402 shares. The stock had previously closed at $7.12.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on NIO shares. The Goldman Sachs Group raised NIO from a "sell" rating to a "neutral" rating and raised their price target for the company from $3.70 to $3.80 in a report on Tuesday, June 17th. Wall Street Zen upgraded NIO from a "strong sell" rating to a "hold" rating in a research report on Monday, September 8th. Mizuho increased their price objective on NIO from $6.00 to $7.00 and gave the company a "neutral" rating in a research report on Tuesday. Barclays decreased their price objective on NIO from $4.00 to $3.00 and set an "underweight" rating on the stock in a research report on Wednesday, June 4th. Finally, Bank of America increased their price objective on NIO from $5.00 to $7.10 and gave the company a "neutral" rating in a research report on Wednesday, September 3rd. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average price target of $6.35.

NIO Trading Up 4.7%

The company has a fifty day simple moving average of $5.61 and a two-hundred day simple moving average of $4.46. The company has a quick ratio of 0.71, a current ratio of 0.84 and a debt-to-equity ratio of 1.89. The stock has a market capitalization of $15.56 billion, a P/E ratio of -4.66 and a beta of 1.20.

NIO (NYSE:NIO - Get Free Report) last posted its earnings results on Tuesday, September 2nd. The company reported ($0.32) earnings per share 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 the consensus estimate of $20.07 billion. NIO had a negative return on equity of 589.46% and a negative net margin of 34.71%.The business's revenue was up 9.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted ($2.21) earnings per share. NIO has set its Q3 2025 guidance at EPS. On average, sell-side analysts expect that NIO Inc. will post -1.43 earnings per share for the current year.

Institutional Trading of NIO

Hedge funds and other institutional investors have recently modified their holdings of the stock. Trilogy Capital Inc. increased its position in shares of 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 during the last quarter. Ping Capital Management Inc. acquired a new position in NIO during the first quarter worth approximately $305,000. Kingstone Capital Partners Texas LLC bought a new stake in shares of NIO during the second quarter worth approximately $12,315,000. Hsbc Holdings PLC boosted its holdings in shares of NIO by 96.6% during the first quarter. Hsbc Holdings PLC now owns 1,039,162 shares of the company's stock worth $3,964,000 after acquiring an additional 510,610 shares during the period. Finally, American Century Companies Inc. boosted its holdings in shares of NIO by 18.0% during the first quarter. American Century Companies Inc. now owns 702,772 shares of the company's stock worth $2,678,000 after acquiring an additional 107,239 shares during the period. Institutional investors and hedge funds 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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