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DOW   33,550.27
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3 Mid-Cap Momentum Plays to Ride Into Q4
S&P 500   4,274.51
DOW   33,550.27
QQQ   355.04
Pain for Gain: 2 Stocks Whose CEOs Left Without a Clue
Would Buffett Approve of This Growth Strategy? (Ad)
The Odds Are High Costco Will Declare a Special Dividend Soon 
Stock market today: Global shares mostly fall over China worries
Would Buffett Approve of This Growth Strategy? (Ad)
How You Can Reverse Engineer Michael Burry's Latest Buy
Target Will Close 9 Stores Across 4 States Due to Ongoing Crime That's 'Threatening the Safety' of Customers and Employees
The Strategic Gold Play You Haven't Heard About (Ad)
Video: Jack in the Box Employee Shoots at Customer Over Alleged Missing Curly Fries, Family Files Lawsuit
3 Mid-Cap Momentum Plays to Ride Into Q4
S&P 500   4,274.51
DOW   33,550.27
QQQ   355.04
Pain for Gain: 2 Stocks Whose CEOs Left Without a Clue
Would Buffett Approve of This Growth Strategy? (Ad)
The Odds Are High Costco Will Declare a Special Dividend Soon 
Stock market today: Global shares mostly fall over China worries
Would Buffett Approve of This Growth Strategy? (Ad)
How You Can Reverse Engineer Michael Burry's Latest Buy
Target Will Close 9 Stores Across 4 States Due to Ongoing Crime That's 'Threatening the Safety' of Customers and Employees
The Strategic Gold Play You Haven't Heard About (Ad)
Video: Jack in the Box Employee Shoots at Customer Over Alleged Missing Curly Fries, Family Files Lawsuit
3 Mid-Cap Momentum Plays to Ride Into Q4
NYSE:NIO

NIO (NIO) Stock Forecast, Price & News

$8.47
+0.06 (+0.71%)
(As of 09/27/2023 ET)
Compare
Today's Range
$8.30
▼
$8.51
50-Day Range
$8.34
▼
$15.46
52-Week Range
$7.00
▼
$17.46
Volume
24.02 million shs
Average Volume
51.67 million shs
Market Capitalization
$14.56 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$12.68
ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainShort InterestSocial Media

NIO MarketRank™ Forecast

Analyst Rating
Hold
2.30 Rating Score
Upside/​Downside
49.7% Upside
$12.68 Price Target
Short Interest
Bearish
6.06% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.26mentions of NIO in the last 14 days
Based on 39 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($1.81) to ($1.26) Per Share

Overall MarketRank™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.04 out of 5 stars

Auto/Tires/Trucks Sector

54th out of 93 stocks

Motor Vehicles & Car Bodies Industry

14th out of 30 stocks

See Top Rated MarketRank™ Stocks Here

NIO stock logo

About NIO (NYSE:NIO) Stock

NIO Inc. is a multinational EV manufacturer and one of China’s top 6 manufacturers. The company was founded in 2014 by Lihong Qin and William Li as NextEV. The company rebranded and relaunched in 2017, however, this time as Nio Inc, and is best known for its revolutionary take on batteries. Nio Inc. is headquartered in Shanghai, the People's Republic of China. The company hit a major milestone in mid-2022 by delivering its 218,000th vehicle.

Nio’s philosophy is Blue Sky Coming. This is referencing a brighter tomorrow brought about by revolutionary technology in EV and battery technology. NIO Inc recognizes batteries are the most expensive part of the EV and that charging is the most restrictive. To combat both problems the company designs its cars so the batteries are easily removable which factors into the long-term plans. NIO Inc is also building out a network of battery-swapping stations that will allow drivers to pull in and swap a dead battery for a fully charged one.

Battery swapping opens the door not only to long-term customer relationships via battery-swapping plans, otherwise known as BaaS or battery-as-a-service but also to the ability to sell cars without a battery which greatly reduces the price point. The company announced the opening of its 1,000th swapping station in China in the summer of 2022 and was on track at the time to begin expanding outside of China. The first location outside of China was opened in Norway.

Nio Inc. is engaged in the design, manufacture, and sale of electric vehicles in the People's Republic of China, the US, and Europe. The company also manufactures electric motors, battery packs, and other components for the global EV market. Along with this, the company announced its intentions to enter the smartphone market in 2022 along with plans to outfit a production facility in Shenzen.

Nio Inc.’s automobiles are built around three key platforms that include a sports car, a line of SUV/crossovers, and a sedan. The EP-9 sports car is the firm's first model and has been in production since 2016. The EC-6 and ES6, ES7, and ES8 are all SUV crossovers with seating from 5 to 7 people. The ET5 and ET7 are 4 and 5-passenger sedans. Upcoming models are the ES3 SUV crossover and the EF9 minivan. Models in development include the ET full-size sedan and the Eve station wagon, a full autonomous compact vehicle.

Yet another way that Nio sets itself apart from the average EV manufacturer is that it is focused on high-performance and smart vehicles. Smart vehicles are a stepping stone on the path to autonomous driving and provide a host of advantages to drivers that include improved maintenance and uptime. Nio also operates a chain of 84 Nio House locations. Nio House locations are artistic attractions in major metropolitan areas that feature social areas, private spaces, libraries, and cafes.

 

NIO Price History

NIO Stock News Headlines

September 15, 2023 | marketbeat.com
China's Jump In Car Sales Is Drawing Big Money To These Stocks (NIO)
Chinese car sales jump unexpectedly, bringing new momentum into a sector - and nation - pregnant with upside. Large investors love them, analysts are bullish
September 14, 2023 | marketbeat.com
Afraid to Chase Tesla? Here Are the 3 Best Alternative EV Stocks (NIO)
There’s a lot more to the EV market than just Tesla, and here are three alternatives that will give you that feeling of getting in at a discount.
September 28, 2023 | Micro-Cap Stock Trader (Ad)
Windfall profits possible with this under-the-radar lithium stock.
Investor Find Lithium Gold and Crush the Bear Market with 32k Metric Tons
September 5, 2023 | marketbeat.com
NIO Is The Deep Value Play Nobody Wants To Talk About (NIO)
NIO stock has been beaten by impatient investors who cannot see past the latest quarterly results. Astute deep value investors will see the big turnaround
August 29, 2023 | marketbeat.com
Best Buy, Big Lots rise; NIO fall, Tuesday, 8/29/2023
Stocks that are trading heavily or have substantial price changes Tuesday: Best Buy, Big Lots rise; NIO fall
September 27, 2023 | finance.yahoo.com
The Zacks Analyst Blog Highlights Tesla, BYD, NIO and Honda
September 27, 2023 | seekingalpha.com
NIO: Dilution Fears And Rumors
September 27, 2023 | seekingalpha.com
NIO: A Rollercoaster Worth Riding
September 28, 2023 | Micro-Cap Stock Trader (Ad)
Windfall profits possible with this under-the-radar lithium stock.
Investor Find Lithium Gold and Crush the Bear Market with 32k Metric Tons
September 26, 2023 | msn.com
NIO: Shareholder Residual At Risk
September 26, 2023 | finance.yahoo.com
NIO: Unraveling Opportunities Amidst Apparent Setbacks
September 26, 2023 | investorplace.com
Dear NIO Stock Fans, Mark Your Calendars for Sept. 28
September 26, 2023 | seekingalpha.com
NIO Stock Gets What I Think It Deserves
September 26, 2023 | msn.com
Nio denies report of capital raise, and stock pares losses
September 26, 2023 | msn.com
NIO Denies Plan To Raise Capital. The Stock Is Moving.
September 26, 2023 | wsj.com
Nio Addresses 'Market Speculations' as Stock Falls
September 26, 2023 | benzinga.com
Nio Stock Gains Traction After Sliding On Monday: What's Going On?
September 26, 2023 | msn.com
NIO: Take The Money And Run
September 26, 2023 | msn.com
Nio's first phone looks like a Google Pixel 2 redone for 2023
September 25, 2023 | usatoday.com
Nio stock forecast and price prediction
September 25, 2023 | msn.com
NIO pares big loss after denying that it is looking for $3B from outside investors
September 25, 2023 | finance.yahoo.com
Even as Nio Keeps Falling, These Stocks Are Bouncing Back Monday
September 25, 2023 | finance.yahoo.com
NIO Inc. Responds to Market Speculations
September 25, 2023 | finance.yahoo.com
NIO Releases Android Smartphone in the $900-$1,000 Price Range
September 25, 2023 | finance.yahoo.com
Bitcoin, Nio, Rite Aid: Top movers
September 25, 2023 | investorplace.com
NIO Stock: Nio Responds to Capital Raise Speculation
September 25, 2023 | investing.com
Nio plunges on report it may need to raise additional $3B from investors
See More Headlines
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NIO Company Calendar

Last Earnings
8/29/2023
Today
9/28/2023
Next Earnings (Estimated)
11/09/2023
Fiscal Year End
12/31/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NYSE
Industry
Motor vehicles & car bodies
Sub-Industry
N/A
Sector
Auto/Tires/Trucks
Current Symbol
NYSE:NIO
CUSIP
670984103
CIK
878242
Web
www.nio.io
Phone
86-21-6908-3306
Fax
N/A
Employees
26,763
Year Founded
2014

Price Target and Rating

Average Stock Price Forecast
$12.68
High Stock Price Forecast
$19.20
Low Stock Price Forecast
$7.50
Forecasted Upside/Downside
+49.7%
Consensus Rating
Hold
Rating Score (0-4)
2.30
Research Coverage
10 Analysts

Profitability

EPS (Most Recent Fiscal Year)
($1.80)
Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
$-2,070,420,000.00
Net Margins
-42.97%
Pretax Margin
-42.17%
Return on Equity
-94.92%
Return on Assets
-22.60%

Debt

Debt-to-Equity Ratio
0.45
Current Ratio
1.00
Quick Ratio
0.82

Sales & Book Value

Annual Sales
$7.14 billion
Price / Sales
2.04
Cash Flow
N/A
Price / Cash Flow
N/A
Book Value
$2.03 per share
Price / Book
4.17

Miscellaneous

Outstanding Shares
1,719,110,000
Free Float
1,701,915,000
Market Cap
$14.56 billion
Optionable
Optionable
Beta
2.08

Social Links

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Key Executives

  • Mr. Bin Li (Age 45)
    Founder, Chairman & CEO
  • Mr. Lihong Qin (Age 46)
    Pres & Director
  • Mr. Hsien-Tsong Cheng (Age 60)
    Co-Founder & Exec. VP
  • Mr. Tung-Jung Hsieh (Age 55)
    Chief Financial Officer
  • Jade Wei
    Sr. Director of Investor Relations

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions













NIO Stock - Frequently Asked Questions

Should I buy or sell NIO stock right now?

10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for NIO in the last twelve months. There are currently 7 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" NIO shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in NIO, but not buy additional shares or sell existing shares.
View NIO analyst ratings or view top-rated stocks.

What is NIO's stock price forecast for 2023?

10 brokerages have issued 12-month price targets for NIO's shares. Their NIO share price forecasts range from $7.50 to $19.20. On average, they predict the company's share price to reach $12.68 in the next year. This suggests a possible upside of 49.7% from the stock's current price.
View analysts price targets for NIO or view top-rated stocks among Wall Street analysts.

How have NIO shares performed in 2023?

NIO's stock was trading at $9.75 at the beginning of 2023. Since then, NIO stock has decreased by 13.1% and is now trading at $8.47.
View the best growth stocks for 2023 here.

When is NIO's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, November 9th 2023.
View our NIO earnings forecast.

How were NIO's earnings last quarter?

Nio Inc - (NYSE:NIO) announced its quarterly earnings data on Tuesday, August, 29th. The company reported ($3.28) earnings per share for the quarter, missing the consensus estimate of ($2.96) by $0.32. The business earned $8.77 billion during the quarter, compared to analyst estimates of $9.16 billion. NIO had a negative trailing twelve-month return on equity of 94.92% and a negative net margin of 42.97%. The company's revenue for the quarter was down 14.8% compared to the same quarter last year. During the same period last year, the business earned ($0.25) earnings per share.

What ETFs hold NIO's stock?

ETFs with the largest weight of NIO (NYSE:NIO) stock in their portfolio include KraneShares MSCI China Clean Technology Index ETF (KGRN), Direxion Daily Electric and Autonomous Vehicles Bull 2X Shares (EVAV), Invesco Golden Dragon China ETF (PGJ), Roundhill MEME ETF (MEME), Fidelity Electric Vehicles and Future Transportation ETF (FDRV), KraneShares Electric Vehicles and Future Mobility Index ETF (KARS), Invesco MSCI Sustainable Future ETF (ERTH) and Global X China Consumer ETF (CHIQ).

What guidance has NIO issued on next quarter's earnings?

NIO updated its third quarter 2023 earnings guidance on Tuesday, August, 29th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $2.61 billion-$2.69 billion.

What is William Li's approval rating as NIO's CEO?

29 employees have rated NIO Chief Executive Officer William Li on Glassdoor.com. William Li has an approval rating of 89% among the company's employees.

What other stocks do shareholders of NIO own?

Based on aggregate information from My MarketBeat watchlists, some companies that other NIO investors own include Tesla (TSLA), NVIDIA (NVDA), Alibaba Group (BABA), Advanced Micro Devices (AMD), Netflix (NFLX), Block (SQ), Micron Technology (MU), Intel (INTC), Nikola (NKLA) and Walt Disney (DIS).

When did NIO IPO?

(NIO) raised $1.2 billion in an initial public offering (IPO) on Wednesday, September 12th 2018. The company issued 160,000,000 shares at $6.25-$8.25 per share. Morgan Stanley, Goldman Sachs (Asia) and J.P. Morgan acted as the underwriters for the IPO and BofA Merrill Lynch, Deutsche Bank Securities, Citigroup, Credit Suisse and UBS Investment Bank were co-managers.

What is NIO's stock symbol?

NIO trades on the New York Stock Exchange (NYSE) under the ticker symbol "NIO."

Who are NIO's major shareholders?

NIO's stock is owned by a variety of institutional and retail investors. Top institutional investors include Baillie Gifford & Co. (7.16%), BlackRock Inc. (4.00%), Davidson Kempner Capital Management LP (0.00%), Renaissance Technologies LLC (0.62%), Geode Capital Management LLC (0.41%) and Northern Trust Corp (0.33%).

How do I buy shares of NIO?

Shares of NIO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is NIO's stock price today?

One share of NIO stock can currently be purchased for approximately $8.47.

How much money does NIO make?

NIO (NYSE:NIO) has a market capitalization of $14.56 billion and generates $7.14 billion in revenue each year. The company earns $-2,070,420,000.00 in net income (profit) each year or ($1.80) on an earnings per share basis.

How many employees does NIO have?

The company employs 26,763 workers across the globe.

How can I contact NIO?

NIO's mailing address is BUILDING 20 NO. 56 ANTUO ROAD ANTING TOWN JIADING DISTRICT, SHANGHAI F4, 201804. The official website for the company is www.nio.io. The company can be reached via phone at 86-21-6908-3306 or via email at ir@nio.com.

This page (NYSE:NIO) was last updated on 9/28/2023 by MarketBeat.com Staff

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