NIO Stock Forecast, Price & News

17 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for NIO in the last twelve months. There are currently 7 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" NIO stock.
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Wall Street analysts have given NIO a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but NIO wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
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NIO is scheduled to release its next quarterly earnings announcement on Thursday, May 27th 2021.
View our earnings forecast for NIO.

Nio Inc - (NYSE:NIO) issued its quarterly earnings results on Monday, March, 1st. The company reported ($1.05) EPS for the quarter, missing the Zacks' consensus estimate of ($0.16) by $0.89. The business had revenue of $6.64 billion for the quarter, compared to analysts' expectations of $6.71 billion. The firm's quarterly revenue was up 133.2% on a year-over-year basis. During the same period in the prior year, the firm posted ($2.73) EPS.
View NIO's earnings history.

NIO's stock was trading at $3.32 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, NIO shares have increased by 1,193.4% and is now trading at $42.94.
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NIO issued an update on its first quarter 2021 After-Hours earnings guidance on Monday, March, 1st. The company provided EPS guidance of for the period. The company issued revenue guidance of $1.131-1.158 billion, compared to the consensus revenue estimate of $718.49 million.

17 brokerages have issued twelve-month price targets for NIO's shares. Their forecasts range from $13.50 to $80.30. On average, they expect NIO's share price to reach $49.94 in the next year. This suggests a possible upside of 16.3% from the stock's current price.
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29 employees have rated NIO CEO William Li on Glassdoor.com. William Li has an approval rating of 89% among NIO's employees.

Some companies that are related to NIO include Toyota Motor (TM), Volkswagen (VWAGY), Daimler (DDAIF), General Motors (GM), AB Volvo (publ) (VLVLY), Honda Motor (HMC), Ford Motor (F), Ferrari (RACE), Fiat Chrysler Automobiles (FCAU), PACCAR (PCAR), Geely Automobile (GELYY), XPeng (XPEV), Stellantis (PUGOY), Nissan Motor (NSANY) and Li Auto (LI).
View all of NIO's competitors.

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), Square (SQ), Micron Technology (MU), Intel (INTC), Nikola (NKLA) and The Walt Disney (DIS).

(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.

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

NIO's stock is owned by a number of retail and institutional investors. Top institutional investors include Baillie Gifford & Co. (8.42%), Norges Bank (1.07%), Credit Suisse AG (0.80%), Healthcare of Ontario Pension Plan Trust Fund (0.66%), Healthcare of Ontario Pension Plan Trust Fund (0.66%) and Canada Pension Plan Investment Board (0.50%).

NIO stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Robecosam AG, RWC Asset Management LLP, Aspex Management HK Ltd, Baillie Gifford & Co., Russell Investments Group Ltd., Dimensional Fund Advisors LP, and Dimensional Fund Advisors LP.

NIO stock was acquired by a variety of institutional investors in the last quarter, including Norges Bank, Healthcare of Ontario Pension Plan Trust Fund, Healthcare of Ontario Pension Plan Trust Fund, Canada Pension Plan Investment Board, Segantii Capital Management Ltd, UBS Asset Management Americas Inc., Northern Trust Corp, and Credit Suisse AG.

Shares of NIO 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.
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One share of NIO stock can currently be purchased for approximately $42.94.

NIO has a market capitalization of $55.05 billion and generates $1.12 billion in revenue each year. The company earns $-1,621,200,000.00 in net income (profit) each year or ($1.59) on an earnings per share basis.

NIO employs 7,442 workers across the globe.

NIO was founded in 2014.

The official website for NIO is www.nio.io.

NIO is headquartered at BUILDING 20 NO. 56 ANTUO ROAD ANTING TOWN JIADING DISTRICT, SHANGHAI F4, 201804.

NIO's mailing address is BUILDING 20 NO. 56 ANTUO ROAD ANTING TOWN JIADING DISTRICT, SHANGHAI F4, 201804. The company can be reached via phone at 86-21-6908-3306 or via email at [email protected]