NIO Target of Unusually High Options Trading (NYSE:NIO)

Key Points

• NIO Inc. experienced a substantial increase in options trading, with investors purchasing 260,722 call options, representing an 83% increase from the average volume.
• The company's stock rose by $0.4750 to $5.5450, with a trading volume of 130,993,132 shares, significantly surpassing its average volume of 52,307,137.
• NIO's recent quarterly earnings showed a loss of ($0.45) earnings per share, missing estimates, while revenue of $1.66 billion fell short of the projected $12.46 billion.

NIO Inc. (NYSE:NIO - Get Free Report) was the target of some unusual options trading activity on Thursday. Stock investors purchased 260,722 call options on the stock. Thisrepresentsanincreaseof83% compared to the typical volume of 142,551 call options.

NIO Stock Performance

NIO traded up $0.4750 on Thursday, hitting $5.5450. The company's stock had a trading volume of 130,993,132 shares, compared to its average volume of 52,307,137. NIO has a 12 month low of $3.02 and a 12 month high of $7.71. The company has a quick ratio of 0.69, a current ratio of 0.84 and a debt-to-equity ratio of 1.89. The firm has a market cap of $11.57 billion, a P/E ratio of -3.42 and a beta of 1.42. The company's 50 day simple moving average is $4.16 and its 200-day simple moving average is $4.09.

NIO (NYSE:NIO - Get Free Report) last posted its quarterly earnings data on Tuesday, June 3rd. The company reported ($0.45) earnings per share for the quarter, missing the consensus estimate of ($0.22) by ($0.23). The company had revenue of $1.66 billion for the quarter, compared to analysts' expectations of $12.46 billion. NIO had a negative net margin of 35.51% and a negative return on equity of 286.45%. The business's quarterly revenue was up 21.5% compared to the same quarter last year. During the same quarter last year, the business posted ($2.39) EPS. NIO has set its Q2 2025 guidance at EPS. Analysts forecast that NIO will post -1.43 EPS for the current year.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the stock. Barclays cut their price objective on shares of NIO from $4.00 to $3.00 and set an "underweight" rating for the company in a research report on Wednesday, June 4th. The Goldman Sachs Group upgraded shares of NIO from a "sell" rating to a "neutral" rating and lifted their price target for the company from $3.70 to $3.80 in a research report on Tuesday, June 17th. JPMorgan Chase & Co. lifted their price target on shares of NIO from $4.10 to $4.80 and gave the company a "neutral" rating in a research report on Thursday, August 14th. Mizuho decreased their price objective on shares of NIO from $4.00 to $3.50 and set a "neutral" rating on the stock in a research note on Tuesday, June 3rd. Finally, Morgan Stanley reissued a "buy" rating on shares of NIO in a research note on Monday, July 14th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat.com, NIO presently has an average rating of "Hold" and an average target price of $4.76.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. Trilogy Capital Inc. lifted its position in NIO by 1,307.5% during the 1st 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 period. Ping Capital Management Inc. purchased a new position in NIO in the first quarter worth about $305,000. Accuvest Global Advisors purchased a new position in NIO in the first quarter worth about $331,000. Baader Bank Aktiengesellschaft purchased a new position in NIO in the first quarter worth about $293,000. Finally, Raymond James Financial Inc. purchased a new position in shares of NIO during the fourth quarter valued at approximately $1,776,000. 48.55% of the stock is owned by hedge funds and other institutional investors.

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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