S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
Dell Technologies breaks out ahead of earnings release
Top Analyst Exposes Imminent Crisis Hurtling Towards America (Ad)
Dropbox’s stock is a falling knife worth catching
Novavax’s dispute resolution and upcoming earnings call
"Chilling War Games Show US Forces Crushed" – FOX NEWS (Ad)
Stock ideas from the 2024 Microcap Conference
Warner Bros. Discover: Debt down, profits up, yet questions remain
"Chilling War Games Show US Forces Crushed" – FOX NEWS (Ad)
Gloom settles over Germany's economy, with businesses downbeat about the coming months
Sprouts, Block rise; Booking Holdings, Insulet fall, Friday, 2/23/2024
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
Dell Technologies breaks out ahead of earnings release
Top Analyst Exposes Imminent Crisis Hurtling Towards America (Ad)
Dropbox’s stock is a falling knife worth catching
Novavax’s dispute resolution and upcoming earnings call
"Chilling War Games Show US Forces Crushed" – FOX NEWS (Ad)
Stock ideas from the 2024 Microcap Conference
Warner Bros. Discover: Debt down, profits up, yet questions remain
"Chilling War Games Show US Forces Crushed" – FOX NEWS (Ad)
Gloom settles over Germany's economy, with businesses downbeat about the coming months
Sprouts, Block rise; Booking Holdings, Insulet fall, Friday, 2/23/2024
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
Dell Technologies breaks out ahead of earnings release
Top Analyst Exposes Imminent Crisis Hurtling Towards America (Ad)
Dropbox’s stock is a falling knife worth catching
Novavax’s dispute resolution and upcoming earnings call
"Chilling War Games Show US Forces Crushed" – FOX NEWS (Ad)
Stock ideas from the 2024 Microcap Conference
Warner Bros. Discover: Debt down, profits up, yet questions remain
"Chilling War Games Show US Forces Crushed" – FOX NEWS (Ad)
Gloom settles over Germany's economy, with businesses downbeat about the coming months
Sprouts, Block rise; Booking Holdings, Insulet fall, Friday, 2/23/2024
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
Dell Technologies breaks out ahead of earnings release
Top Analyst Exposes Imminent Crisis Hurtling Towards America (Ad)
Dropbox’s stock is a falling knife worth catching
Novavax’s dispute resolution and upcoming earnings call
"Chilling War Games Show US Forces Crushed" – FOX NEWS (Ad)
Stock ideas from the 2024 Microcap Conference
Warner Bros. Discover: Debt down, profits up, yet questions remain
"Chilling War Games Show US Forces Crushed" – FOX NEWS (Ad)
Gloom settles over Germany's economy, with businesses downbeat about the coming months
Sprouts, Block rise; Booking Holdings, Insulet fall, Friday, 2/23/2024
NYSE:NIO

NIO (NIO) Stock Price, News & Analysis

$5.40
-0.45 (-7.69%)
(As of 02/23/2024 ET)
Today's Range
$5.37
$5.68
50-Day Range
$5.38
$9.43
52-Week Range
$5.30
$16.18
Volume
74.96 million shs
Average Volume
58.30 million shs
Market Capitalization
$9.28 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$12.25

NIO MarketRank™ Stock Analysis

Analyst Rating
Hold
2.11 Rating Score
Upside/​Downside
126.8% Upside
$12.25 Price Target
Short Interest
Healthy
9.37% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.17mentions of NIO in the last 14 days
Based on 33 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($1.65) to ($0.98) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.18 out of 5 stars

Auto/Tires/Trucks Sector

57th out of 82 stocks

Motor Vehicles & Car Bodies Industry

16th out of 31 stocks


NIO stock logo

About NIO Stock (NYSE:NIO)

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 Stock Price History

NIO Stock News Headlines

XPeng stock just got a target boost, analysts say it could double (NIO)
Chinese stocks could soon attract more investors in the year of the dragon; Dalio and Burry are trickling in, and new stimulus rounds point to this stock
NIO Feb 2024 1.000 put
This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
JPMorgan Is Souring on NIO Stock
NIO Apr 2024 6.500 put
JPMorgan downgrades Nio to Underweight on consensus estimate risk
This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
JPMorgan gets more bearish on Nio, downgrades shares
Optimistic Outlook for Nio’s Future Performance and Profitability Path
Is NIO Stock a Buy or Sell in This Uncertain EV Market?
Is NIO Stock a Buy or Sell in This Uncertain EV Market?
It's a Great Time to Buy EV Stocks. TSLA Is Another Story.
NIO Inc. (NIO) Laps the Stock Market: Here's Why
Will National Security Risks Compromise Chinese EV Stocks?
Is NIO Inc. (NYSE:NIO) Trading At A 31% Discount?
See More Headlines
Receive NIO Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for NIO and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
12/05/2023
Today
2/23/2024
Next Earnings (Confirmed)
3/05/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Motor vehicles & car bodies
Sub-Industry
N/A
CUSIP
670984103
Fax
N/A
Employees
26,763
Year Founded
2014

Price Target and Rating

Average Stock Price Target
$12.25
High Stock Price Target
$19.20
Low Stock Price Target
$5.00
Potential Upside/Downside
+136.0%
Consensus Rating
Hold
Rating Score (0-4)
2.22
Research Coverage
9 Analysts

Profitability

Net Income
$-2,070,420,000.00
Pretax Margin
-38.49%

Debt

Sales & Book Value

Annual Sales
$7.14 billion
Book Value
$2.03 per share

Miscellaneous

Outstanding Shares
1,719,110,000
Free Float
1,701,915,000
Market Cap
$9.28 billion
Optionable
Optionable
Beta
1.98

Social Links

13 Stocks Institutional Investors Won't Stop Buying Cover

Which stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.

Get This Free Report














NIO Stock Analysis - Frequently Asked Questions

Should I buy or sell NIO stock right now?

9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for NIO in the last twelve months. There are currently 1 sell rating, 6 hold ratings and 2 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 target for 2024?

9 brokers have issued 12-month price objectives for NIO's shares. Their NIO share price targets range from $5.00 to $19.20. On average, they predict the company's stock price to reach $12.25 in the next twelve months. This suggests a possible upside of 126.8% 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 2024?

NIO's stock was trading at $9.07 at the beginning of 2024. Since then, NIO stock has decreased by 40.5% and is now trading at $5.40.
View the best growth stocks for 2024 here
.

When is NIO's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, March 5th 2024.
View our NIO earnings forecast
.

How can I listen to NIO's earnings call?

NIO will be holding an earnings conference call on Tuesday, March 5th at 7:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 855-883-1031 with passcode "10037213".

How were NIO's earnings last quarter?

Nio Inc - (NYSE:NIO) issued its quarterly earnings results on Tuesday, December, 5th. The company reported ($0.37) EPS for the quarter, topping the consensus estimate of ($0.43) by $0.06. The business earned $2.61 billion during the quarter, compared to the consensus estimate of $2.63 billion. NIO had a negative net margin of 39.26% and a negative trailing twelve-month return on equity of 114.38%.

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

NIO issued an update on its fourth quarter 2023 earnings guidance on Monday, December, 11th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $2.2 billion-$2.3 billion, compared to the consensus revenue estimate of $3.0 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 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.

Who are NIO's major shareholders?

NIO's stock is owned by a variety of retail and institutional investors. Top institutional investors include Baillie Gifford & Co. (6.67%), Legal & General Group Plc (0.60%), Citadel Advisors LLC (0.00%), Voloridge Investment Management LLC (0.47%), Hsbc Holdings PLC (0.41%) and Portman Square Capital LLP (0.00%).

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:NIO) was last updated on 2/24/2024 by MarketBeat.com Staff