What is Zacks Research's Estimate for NIO FY2027 Earnings?

Nio Inc - (NYSE:NIO - Free Report) - Analysts at Zacks Research reduced their FY2027 earnings estimates for shares of NIO in a research report issued to clients and investors on Thursday, April 24th. Zacks Research analyst L. Shahu now expects that the company will post earnings per share of $0.20 for the year, down from their prior estimate of $0.21. The consensus estimate for NIO's current full-year earnings is ($1.43) per share.

NIO has been the subject of several other research reports. HSBC cut NIO from a "buy" rating to a "hold" rating in a report on Tuesday, January 7th. JPMorgan Chase & Co. lowered shares of NIO from an "overweight" rating to a "neutral" rating and cut their target price for the company from $7.00 to $4.70 in a report on Tuesday, February 4th. Citigroup reaffirmed a "buy" rating on shares of NIO in a research note on Monday. Cfra Research raised shares of NIO to a "hold" rating in a research note on Friday, March 21st. Finally, Hsbc Global Res cut shares of NIO from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, January 7th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, NIO presently has a consensus rating of "Hold" and an average price target of $5.05.

NIO Price Performance

Shares of NIO traded up $0.11 during midday trading on Monday, hitting $4.04. 10,991,636 shares of the company traded hands, compared to its average volume of 55,514,289. The stock has a market cap of $8.42 billion, a price-to-earnings ratio of -2.68 and a beta of 1.74. The firm has a 50 day moving average of $4.10 and a 200-day moving average of $4.43. The company has a debt-to-equity ratio of 0.98, a quick ratio of 0.93 and a current ratio of 1.04. NIO has a 52 week low of $3.02 and a 52 week high of $7.71.

NIO (NYSE:NIO - Get Free Report) last announced its quarterly earnings data on Friday, March 21st. The company reported ($0.47) EPS for the quarter, missing the consensus estimate of ($0.33) by ($0.14). NIO had a negative net margin of 33.41% and a negative return on equity of 113.83%. The firm had revenue of $2.70 billion for the quarter, compared to the consensus estimate of $20.19 billion. During the same quarter in the previous year, the business earned ($2.81) earnings per share. The firm's revenue for the quarter was up 15.2% on a year-over-year basis.

Hedge Funds Weigh In On NIO

Hedge funds have recently added to or reduced their stakes in the company. Blue Trust Inc. boosted its position in shares of NIO by 138.5% during the fourth quarter. Blue Trust Inc. now owns 6,212 shares of the company's stock valued at $27,000 after buying an additional 3,607 shares during the period. Jones Financial Companies Lllp lifted its stake in shares of NIO by 131.8% during the 4th quarter. Jones Financial Companies Lllp now owns 7,619 shares of the company's stock worth $33,000 after acquiring an additional 4,332 shares during the last quarter. Xponance Inc. purchased a new position in NIO during the 1st quarter valued at $39,000. Callan Family Office LLC bought a new position in NIO in the 4th quarter valued at $44,000. Finally, Sava Infond d.o.o. purchased a new stake in NIO in the fourth quarter worth $44,000. 48.55% of the stock is currently owned by 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.