NYSE:NIO - NIO Stock Price, Forecast & News

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

Nio Inc - (NYSE:NIO) released its quarterly earnings results on Tuesday, September, 24th. The company reported ($3.11) EPS for the quarter, missing analysts' consensus estimates of ($0.46) by $2.65. The company earned $1.51 billion during the quarter, compared to analysts' expectations of $1.21 billion. NIO had a negative net margin of 152.51% and a negative return on equity of 107.06%. The company's quarterly revenue was up 3180.2% compared to the same quarter last year. During the same period in the previous year, the company posted ($57.82) earnings per share. View NIO's Earnings History.

NIO is scheduled to release their next quarterly earnings announcement on Tuesday, December 10th 2019. View Earnings Estimates for NIO.

NIO updated its third quarter 2019 earnings guidance on Tuesday, September, 24th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $232-242.2 million, compared to the consensus revenue estimate of $558.78 million.

8 Wall Street analysts have issued 12 month price targets for NIO's shares. Their forecasts range from $1.47 to $10.00. On average, they expect NIO's share price to reach $3.95 in the next year. This suggests a possible upside of 74.6% from the stock's current price. View Analyst Price Targets for NIO.

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for NIO in the last year. There are currently 2 sell ratings, 4 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for NIO.

News coverage about NIO stock has been trending negative on Friday, InfoTrie Sentiment Analysis reports. The research firm rates the sentiment of news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. NIO earned a news impact score of -2.0 on InfoTrie's scale. They also gave news stories about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View News Stories for NIO.

NIO saw a increase in short interest in November. As of November 15th, there was short interest totalling 210,650,000 shares, an increase of 9.2% from the October 31st total of 192,970,000 shares. Based on an average daily trading volume, of 32,400,000 shares, the days-to-cover ratio is currently 6.5 days. Currently, 28.8% of the company's shares are short sold. View NIO's Current Options Chain.

Some companies that are related to NIO include Tata Motors (TTM), WABCO (WBC), Oshkosh (OSK), MAZDA MTR CORP/ADR (MZDAY), Brilliance China Automotive (BCAUY), Navistar International (NAV), Federal Signal (FSS), Stagecoach Group (SAGKF), Rev Group (REVG), Niu Technologies (NIU), Spartan Motors (SPAR), Kandi Technologies Group (KNDI), Workhorse Group (WKHS), Electrameccanica Vehicles (SOLO) and ELIO MOTORS INC/SH SH (ELIO).

Based on aggregate information from My MarketBeat watchlists, some companies that other NIO investors own include Alibaba Group (BABA), Direxion Daily Gold Miners Bull 3x Shares (NUGT), NVIDIA (NVDA), IQIYI (IQ), Advanced Micro Devices (AMD), Aurora Cannabis (ACB), Netflix (NFLX), Canopy Growth (CGC), Micron Technology (MU) and Tesla (TSLA).

(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.

NIO's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include State Street Corp (1.13%), Sumitomo Mitsui Trust Holdings Inc. (0.17%), First Trust Advisors LP (0.10%), Pictet Asset Management Ltd. (0.09%), Great West Life Assurance Co. Can (0.06%) and Tenzing Global Management LLC (0.04%).

NIO stock was sold by a variety of institutional investors in the last quarter, including SG Americas Securities LLC, Creative Planning, Squarepoint Ops LLC, Sumitomo Mitsui Trust Holdings Inc., Cetera Advisor Networks LLC, Stifel Financial Corp and Pictet Asset Management Ltd..

NIO stock was purchased by a variety of institutional investors in the last quarter, including State Street Corp, Tenzing Global Management LLC, Great West Life Assurance Co. Can, California Public Employees Retirement System, Zurcher Kantonalbank Zurich Cantonalbank, First Trust Advisors LP, Cetera Advisors LLC and Virtu Financial LLC.

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

One share of NIO stock can currently be purchased for approximately $2.26.

NIO has a market capitalization of $2.32 billion and generates $720.12 million in revenue each year. The company earns $-1,395,870,000.00 in net income (profit) each year or ($10.21) on an earnings per share basis. NIO employs 9,834 workers across the globe.View Additional Information About NIO.

The official website for NIO is http://www.nio.io/.

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]