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See the World with Dollar Flight Club's Lowest Price for Black Friday Weekend
See how to make money instead of spending it on Black Friday with this offer (Ad)
Macao awards casino licenses to MGM, Sands, Wynn, 3 others
Sober or bright? Europe faces holidays during energy crunch
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On outskirts of Doha, laborers watch World Cup they built
Biden eases Venezuela sanctions as opposition talks resume
THE BEST BLACK FRIDAY DEAL YET (Ad)
Whole Foods decision to pull lobster divides enviros, pols
S&P 500   4,026.12
DOW   34,347.03
QQQ   286.92
See the World with Dollar Flight Club's Lowest Price for Black Friday Weekend
See how to make money instead of spending it on Black Friday with this offer (Ad)
Macao awards casino licenses to MGM, Sands, Wynn, 3 others
Sober or bright? Europe faces holidays during energy crunch
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On outskirts of Doha, laborers watch World Cup they built
Biden eases Venezuela sanctions as opposition talks resume
THE BEST BLACK FRIDAY DEAL YET (Ad)
Whole Foods decision to pull lobster divides enviros, pols
S&P 500   4,026.12
DOW   34,347.03
QQQ   286.92
See the World with Dollar Flight Club's Lowest Price for Black Friday Weekend
See how to make money instead of spending it on Black Friday with this offer (Ad)
Macao awards casino licenses to MGM, Sands, Wynn, 3 others
Sober or bright? Europe faces holidays during energy crunch
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On outskirts of Doha, laborers watch World Cup they built
Biden eases Venezuela sanctions as opposition talks resume
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Whole Foods decision to pull lobster divides enviros, pols
NYSE:NIO

NIO - NIO Stock Forecast, Price & News

$10.17
-0.39 (-3.69%)
(As of 11/25/2022 12:00 AM ET)
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Compare
Today's Range
$9.96
$10.30
50-Day Range
$9.25
$20.90
52-Week Range
$8.38
$41.42
Volume
23.49 million shs
Average Volume
64.04 million shs
Market Capitalization
$16.97 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$24.39

NIO MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.85 Rating Score
Upside/​Downside
139.8% Upside
$24.39 Price Target
Short Interest
Healthy
3.36% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.13mentions of NIO in the last 14 days
Based on 8 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.81) to ($0.47) Per Share

Overall MarketRank

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

2.42 out of 5 stars

Auto/Tires/Trucks Sector

27th out of 104 stocks

Motor Vehicles & Car Bodies Industry

7th out of 32 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.

 

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NIO Stock News Headlines

Is Tesla A Bargain Now As It Trades At Two-Year Lows? (NIO)
Tesla is now trading at October 2020 levels after opening sharply lower Monday. Is it a bargain, or does it still have further to fall before reversing higher?
Why did NIO take a $581.11 million loss last quarter?
NIO delivered a record number of vehicles for the quarter and its revenues increased by a sizable amount. Meanwhile, its net loss increased by
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NIO (NYSE:NIO) Trading Up 5.8%
Nio's Expansion Into Europe Is Progressing
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Better Bear Market Buy: Nio vs. Rivian Stock
NIO (NYSE:NIO) PT Lowered to $18.00
Why Nio Stock Is Rebounding After an Early Morning Crash
NIO (NYSE:NIO) Downgraded by China Renaissance
Why It's Finally Time to Buy Nio Stock
NIO Incurs Wider Y/Y Q3 Loss, Expects Robust Sales in Q4
Why Nio Stock Spiked Again Friday
Nio Facing Growth Slowdown Amid China Zero-COVID Curbs
Why Nio Stock Hit the Brakes Today
Why Nio Popped Then Dropped Monday
Why Nio Stock Hit the Accelerator Today
Why Nio Stock Dropped Then Bounced Back Today
See More Headlines
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NIO Company Calendar

Last Earnings
9/07/2022
Today
11/26/2022
Fiscal Year End
12/31/2022
Next Earnings (Estimated)
3/23/2023

Industry, Sector and Symbol

Industry
Motor vehicles & car bodies
Sub-Industry
N/A
CUSIP
670984103
Fax
N/A
Employees
15,204
Year Founded
2014

Price Target and Rating

Average Stock Price Forecast
$24.39
High Stock Price Forecast
$37.70
Low Stock Price Forecast
$12.30
Forecasted Upside/Downside
+139.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.85
Research Coverage
13 Analysts

Profitability

Net Income
$-625,450,000.00
Pretax Margin
-24.69%

Debt

Sales & Book Value

Annual Sales
$5.67 billion
Book Value
$2.47 per share

Miscellaneous

Outstanding Shares
1,669,010,000
Free Float
1,652,316,000
Market Cap
$16.97 billion
Optionable
Optionable
Beta
1.74

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













NIO Stock - Frequently Asked Questions

Should I buy or sell NIO stock right now?

13 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for NIO in the last twelve months. There are currently 2 hold ratings and 11 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?

13 brokers have issued twelve-month price targets for NIO's shares. Their NIO share price forecasts range from $12.30 to $37.70. On average, they predict the company's share price to reach $24.39 in the next year. This suggests a possible upside of 139.8% 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 2022?

NIO's stock was trading at $31.68 on January 1st, 2022. Since then, NIO shares have decreased by 67.9% and is now trading at $10.17.
View the best growth stocks for 2022 here
.

When is NIO's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, March 23rd 2023.
View our NIO earnings forecast
.

How were NIO's earnings last quarter?

Nio Inc - (NYSE:NIO) announced its quarterly earnings data on Wednesday, September, 7th. The company reported ($0.25) EPS for the quarter. The firm earned $10.29 billion during the quarter, compared to the consensus estimate of $9.77 billion. NIO had a negative net margin of 24.94% and a negative trailing twelve-month return on equity of 32.66%. The firm's revenue was up 21.8% on a year-over-year basis. During the same period last year, the firm earned ($0.07) EPS.

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

NIO updated its fourth quarter 2022 earnings guidance on Thursday, November, 10th. The company provided EPS guidance of for the period. The company issued revenue guidance of $2.44 billion-$2.70 billion, compared to the consensus revenue estimate of $3.14 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 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 retail and institutional investors. Top institutional shareholders include Baillie Gifford & Co. (5.80%), BlackRock Inc. (3.72%), Vanguard Group Inc. (3.08%), Renaissance Technologies LLC (0.76%), Aspex Management HK Ltd (0.61%) and UBS Asset Management Americas Inc. (0.43%).

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 $10.17.

How much money does NIO make?

NIO (NYSE:NIO) has a market capitalization of $16.97 billion and generates $5.67 billion in revenue each year. The company earns $-625,450,000.00 in net income (profit) each year or ($1.00) 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 11/27/2022 by MarketBeat.com Staff