NIO (NYSE:NIO) Trading Down 1.3% - Should You Sell?

Key Points

• NIO's stock fell 1.3% during mid-day trading, with shares last trading at $7.49, after closing at $7.59.
• Wall Street analysts have mixed ratings for NIO, with several upgrades including a shift from "strong sell" to "hold," while others maintain a "sell" rating, resulting in a consensus rating of "Hold."
• NIO reported a quarterly earnings miss with ($0.32) earnings per share, falling short of estimates, and has a negative return on equity of 589.46%.

NIO Inc. (NYSE:NIO - Get Free Report) fell 1.3% during mid-day trading on Tuesday . The stock traded as low as $7.29 and last traded at $7.49. 75,064,437 shares were traded during trading, an increase of 25% from the average session volume of 59,976,902 shares. The stock had previously closed at $7.59.

Wall Street Analysts Forecast Growth

NIO has been the subject of several research reports. Wall Street Zen upgraded NIO from a "strong sell" rating to a "hold" rating in a research report on Monday, September 8th. Weiss Ratings reaffirmed a "sell (e+)" rating on shares of NIO in a report on Saturday, September 27th. Morgan Stanley reissued a "buy" rating on shares of NIO in a report on Monday, July 14th. Citigroup raised their price target on shares of NIO from $8.10 to $8.60 and gave the stock a "buy" rating in a research report on Tuesday, September 23rd. Finally, JPMorgan Chase & Co. raised shares of NIO from a "neutral" rating to an "overweight" rating and lifted their price target for the company from $4.80 to $8.00 in a report on Tuesday, August 26th. Four analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have issued a Sell rating to the company's stock. According to data from MarketBeat.com, NIO has a consensus rating of "Hold" and an average target price of $6.35.

NIO Stock Down 1.3%

The firm's 50 day simple moving average is $6.06 and its 200 day simple moving average is $4.60. The company has a market cap of $15.63 billion, a price-to-earnings ratio of -4.68 and a beta of 1.30.

NIO (NYSE:NIO - Get Free Report) last issued its quarterly earnings data on Tuesday, September 2nd. The company reported ($0.32) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.30) by ($0.02). NIO had a negative return on equity of 589.46% and a negative net margin of 34.71%.The business had revenue of $2.65 billion during the quarter, compared to the consensus estimate of $20.07 billion. During the same period last year, the company earned ($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 anticipate that NIO Inc. will post -1.43 EPS for the current fiscal year.

Hedge Funds Weigh In On NIO

Institutional investors and hedge funds have recently bought and sold shares of the stock. Marex Group plc acquired a new position in NIO during the 2nd quarter valued at about $916,000. Wellington Capital Management Inc. bought a new position in shares of NIO in the second quarter valued at approximately $605,000. Headlands Technologies LLC acquired a new position in shares of NIO during the second quarter valued at approximately $240,000. CANADA LIFE ASSURANCE Co raised its holdings in NIO by 16.0% during the second quarter. CANADA LIFE ASSURANCE Co now owns 936,736 shares of the company's stock worth $3,220,000 after purchasing an additional 129,236 shares in the last quarter. Finally, Vident Advisory LLC raised its holdings in NIO by 110.4% during the second quarter. Vident Advisory LLC now owns 101,422 shares of the company's stock worth $348,000 after purchasing an additional 53,214 shares in the last quarter. 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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