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Closing prices for crude oil, gold and other commodities
S&P 500   4,027.81
DOW   32,717.60
QQQ   312.72
Three Pullback Opportunities in Tech Right Now
Buy THIS stock before Taiwan is attacked (Ad)
Three Mid Caps Wall Street Sees Doubling Within 12 Months
The Most Important Warren Buffett Stock for Investors: His Own
Buy THIS stock before Taiwan is attacked (Ad)
Dave & Buster’s Rebound Could Score for Investors 
Micron Technology Goes on Breakout Watch
Buy THIS stock before Taiwan is attacked (Ad)
Judge orders US to resume oil lease sales in North Dakota
Closing prices for crude oil, gold and other commodities
S&P 500   4,027.81
DOW   32,717.60
QQQ   312.72
Three Pullback Opportunities in Tech Right Now
Buy THIS stock before Taiwan is attacked (Ad)
Three Mid Caps Wall Street Sees Doubling Within 12 Months
The Most Important Warren Buffett Stock for Investors: His Own
Buy THIS stock before Taiwan is attacked (Ad)
Dave & Buster’s Rebound Could Score for Investors 
Micron Technology Goes on Breakout Watch
Buy THIS stock before Taiwan is attacked (Ad)
Judge orders US to resume oil lease sales in North Dakota
Closing prices for crude oil, gold and other commodities
S&P 500   4,027.81
DOW   32,717.60
QQQ   312.72
Three Pullback Opportunities in Tech Right Now
Buy THIS stock before Taiwan is attacked (Ad)
Three Mid Caps Wall Street Sees Doubling Within 12 Months
The Most Important Warren Buffett Stock for Investors: His Own
Buy THIS stock before Taiwan is attacked (Ad)
Dave & Buster’s Rebound Could Score for Investors 
Micron Technology Goes on Breakout Watch
Buy THIS stock before Taiwan is attacked (Ad)
Judge orders US to resume oil lease sales in North Dakota
Closing prices for crude oil, gold and other commodities
NYSE:NIO

NIO - NIO Stock Forecast, Price & News

$9.83
+0.63 (+6.85%)
(As of 03/29/2023 12:00 AM ET)
Add
Compare
Today's Range
$9.26
▼
$9.95
50-Day Range
$8.25
▼
$12.71
52-Week Range
$8.03
▼
$24.43
Volume
56.15 million shs
Average Volume
44.85 million shs
Market Capitalization
$16.41 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$17.52

NIO MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.55 Rating Score
Upside/​Downside
78.2% Upside
$17.52 Price Target
Short Interest
Healthy
5.67% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.39mentions of NIO in the last 14 days
Based on 11 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($1.07) to ($0.24) Per Share

Overall MarketRank™

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

1.88 out of 5 stars

Auto/Tires/Trucks Sector

73rd out of 97 stocks

Motor Vehicles & Car Bodies Industry

21st out of 28 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.

 

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NIO Stock News Headlines

March 10, 2023 | marketbeat.com
Just the Catalyst NIO Investors Needed
NIO shareholders may be in for an early Christmas surprise, as price incentives may spark the secret view management was preparing for all along.
March 29, 2023 | investorplace.com
Why Is NIO Stock Climbing Higher Today?
March 30, 2023 | Investor Place Media (Ad)
Biden To Unleash "Choke Point" Operation On America?
Biden's disturbing new government program may be worse than Obama's. You are at risk for having your bank account frozen. A former bank regulator is blowing the whistle on Biden's frightening plan to take over your money. Discover the immediate steps you need to take now.
March 28, 2023 | investorplace.com
NIO Stock Alert: Nio Launches Partnership With Tibber
March 28, 2023 | finance.yahoo.com
Is Nio Stock a Buy Now? Nio Stock Analysis
March 28, 2023 | investorplace.com
NIO Stock Alert: Nio Launches High-Speed Battery Swap Stations
March 28, 2023 | finance.yahoo.com
China's Nio opens trial for high-speed EV battery swapping stations
March 27, 2023 | investorplace.com
NIO Stock: Nio Just Signed a New 5-Year Agreement
March 30, 2023 | Investing Daily (Ad)
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The next 10 minutes could change your life. We've recorded a special sit-down interview with a reclusive millionaire who details how he's closed out winning trade after winning trade throughout the volatility of 2022. In fact, he hasn't closed a single losing trade since 2016. Sounds impossible? It's not - and he'll prove it to you. pixel
March 25, 2023 | finance.yahoo.com
3 Things Smart Investors Know About Nio Stock
March 25, 2023 | americanbankingnews.com
Nio Inc - (NYSE:NIO) Receives $18.58 Consensus Price Target from Brokerages
March 23, 2023 | finance.yahoo.com
If You Invested $10,000 in Nio Stock in 2019, This Is How Much You Would Have Today
March 22, 2023 | msn.com
Nio To Open Its 3rd European 'Nio House' In This Country Tomorrow
March 22, 2023 | proactiveinvestors.com
Nio Inc said to be ‘very confident’ of doubling EV output
March 22, 2023 | seekingalpha.com
NIO: Shocking Short Term, Electrifying Long Term
March 22, 2023 | finance.yahoo.com
Is It Worth Investing in NIO Inc. (NIO) Based on Wall Street's Bullish Views?
March 22, 2023 | americanbankingnews.com
Morgan Stanley Cuts NIO (NYSE:NIO) Price Target to $12.00
March 22, 2023 | finance.yahoo.com
EV-Maker Nio Surges, Says ‘Very Confident’ of Hitting Sales Goal
March 21, 2023 | finance.yahoo.com
Why Nio Shares Rose Again Today
March 21, 2023 | investorplace.com
Will NIO Stock Go Back Up? Here’s My Take.
March 21, 2023 | investorplace.com
Dear NIO Stock Fans, Mark Your Calendars for March 28
March 15, 2023 | investorplace.com
What Analysts are Saying About NIO Stock Now
March 13, 2023 | finance.yahoo.com
Is Now the Time to Go All-In on Nio Stock?
March 8, 2023 | finance.yahoo.com
Here's Why Nio Stock Sank 22% in February
March 8, 2023 | investorplace.com
Why You Can’t Count on a Comeback for NIO Stock
March 6, 2023 | finance.yahoo.com
Is NIO Inc. (NIO) a Buy as Wall Street Analysts Look Optimistic?
March 3, 2023 | investorplace.com
Are Rivian and NIO Buys After Earnings?
See More Headlines
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NIO Company Calendar

Last Earnings
8/11/2021
Today
3/30/2023
Next Earnings (Estimated)
6/08/2023
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
15,204
Year Founded
2014

Price Target and Rating

Average Stock Price Forecast
$17.52
High Stock Price Forecast
$31.30
Low Stock Price Forecast
$10.00
Forecasted Upside/Downside
+78.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.55
Research Coverage
11 Analysts

Profitability

EPS (Most Recent Fiscal Year)
($1.30)
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
-29.32%
Pretax Margin
-29.19%
Return on Equity
-47.74%
Return on Assets
-15.38%

Debt

Debt-to-Equity Ratio
0.45
Current Ratio
1.29
Quick Ratio
1.11

Sales & Book Value

Annual Sales
$49.27 billion
Price / Sales
0.33
Cash Flow
N/A
Price / Cash Flow
N/A
Book Value
$2.09 per share
Price / Book
4.70

Miscellaneous

Outstanding Shares
1,669,006,000
Free Float
1,652,316,000
Market Cap
$16.41 billion
Optionable
Optionable
Beta
1.93

Social Links


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?

11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for NIO in the last year. There are currently 5 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" NIO shares.
View NIO analyst ratings or view top-rated stocks.

What is NIO's stock price forecast for 2023?

11 brokers have issued 12 month price targets for NIO's shares. Their NIO share price forecasts range from $10.00 to $31.30. On average, they expect the company's share price to reach $17.52 in the next year. This suggests a possible upside of 78.2% 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 start of the year. Since then, NIO shares have increased by 0.8% and is now trading at $9.83.
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, June 8th 2023.
View our NIO earnings forecast.

How were NIO's earnings last quarter?

Nio Inc - (NYSE:NIO) announced its quarterly earnings data on Wednesday, August, 11th. The company reported ($0.42) earnings per share for the quarter, beating the consensus estimate of ($0.54) by $0.12. The company earned $1.31 billion during the quarter. NIO had a negative net margin of 29.32% and a negative trailing twelve-month return on equity of 47.74%.

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), Invesco MSCI Sustainable Future ETF (ERTH), Fidelity Electric Vehicles and Future Transportation ETF (FDRV), Invesco MSCI Sustainable Future ETF (PZD), KraneShares Electric Vehicles and Future Mobility Index ETF (KARS) and VanEck Low Carbon Energy ETF (SMOG).

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

NIO issued an update on its first quarter 2023 earnings guidance on Wednesday, March, 1st. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $1.58 billion-$1.67 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 served 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 shareholders include Baillie Gifford & Co. (7.25%), Norges Bank (0.95%), Legal & General Group Plc (0.66%), Renaissance Technologies LLC (0.65%), Geode Capital Management LLC (0.38%) and Electron Capital Partners LLC (0.38%).

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 $9.83.

How much money does NIO make?

NIO (NYSE:NIO) has a market capitalization of $16.41 billion and generates $49.27 billion in revenue each year. The company earns $-2,070,420,000.00 in net income (profit) each year or ($1.30) on an earnings per share basis.

How many employees does NIO have?

The company employs 15,204 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 3/30/2023 by MarketBeat.com Staff