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BABA   88.57 (+5.30%)
AMD   97.39 (+1.33%)
T   15.17 (-0.91%)
F   12.61 (+3.36%)
MU   68.99 (+1.61%)
CGC   0.82 (+6.67%)
GE   112.99 (+0.00%)
DIS   82.44 (-0.35%)
AMC   7.79 (+1.17%)
PFE   32.62 (-0.70%)
PYPL   58.82 (+0.34%)
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NIO (NIO) Stock Forecast, Price & News

$8.64
+0.19 (+2.25%)
(As of 10:28 AM ET)
Compare
Today's Range
$8.48
$8.80
50-Day Range
$8.46
$15.46
52-Week Range
$7.00
$18.40
Volume
13.03 million shs
Average Volume
53.32 million shs
Market Capitalization
$14.85 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$12.68

NIO MarketRank™ Forecast

Analyst Rating
Hold
2.30 Rating Score
Upside/​Downside
50.0% Upside
$12.68 Price Target
Short Interest
Bearish
5.90% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.19mentions of NIO in the last 14 days
Based on 42 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($1.77) to ($1.12) Per Share

Overall MarketRank

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

2.03 out of 5 stars

Auto/Tires/Trucks Sector

58th out of 96 stocks

Motor Vehicles & Car Bodies Industry

15th out of 31 stocks


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

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
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.
[BREAKING] New "Living Missile" to Replace Nuclear Missiles
CBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!
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
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
This Stock Could Go Up 66% or More.
Marc Chaikin built the system that isolated NVDA before it became the best-performing stock of 2023.  Click here to get his latest buy.  More here.
Nio Stock Is Falling Thursday: What's Going On?
NIO Introduces a New Smartphone Despite Its ADR Crisis
Chinese EV firm NIO unveils smartphone that can self-drive cars
China's Nio calls for 'open attitude' amid EU subsidy probe
UPDATE 1-Chinese EV maker Nio launches first mobile phone
Chinese EV maker Nio launches first mobile phone
NIO Stock Dips - Time To Buy Or Bye-Bye?
Nio raises $1 billion in new debt, shares tumble 10.4%
Chinese EV maker Nio raises $1 bln in convertible bond deal
See More Headlines
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NIO Company Calendar

Last Earnings
8/29/2023
Today
9/22/2023
Next Earnings (Estimated)
11/09/2023
Fiscal Year End
12/31/2023

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 Forecast
$12.68
High Stock Price Forecast
$19.20
Low Stock Price Forecast
$7.50
Forecasted Upside/Downside
+50.0%
Consensus Rating
Hold
Rating Score (0-4)
2.30
Research Coverage
10 Analysts

Profitability

Net Income
$-2,070,420,000.00
Pretax Margin
-42.17%

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
$14.54 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













NIO Stock - Frequently Asked Questions

Should I buy or sell NIO stock right now?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for NIO in the last year. There are currently 7 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street 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 Wall Street analysts have issued 12-month price objectives for NIO's stock. Their NIO share price forecasts range from $7.50 to $19.20. On average, they predict the company's stock price to reach $12.68 in the next twelve months. This suggests a possible upside of 50.0% 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 the year. Since then, NIO shares have decreased by 13.3% and is now trading at $8.4550.
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) posted its quarterly earnings results 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 net margin of 42.97% and a negative trailing twelve-month return on equity of 94.92%. The firm's revenue for the quarter was down 14.8% compared to the same quarter last year. During the same quarter in the prior year, the company posted ($0.25) earnings per share.

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

NIO issued an update on 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 a price of $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 many different 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 $8.46.

How much money does NIO make?

NIO (NYSE:NIO) has a market capitalization of $14.54 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 9/22/2023 by MarketBeat.com Staff

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