NIO Inc. (NYSE:NIO) Receives $6.35 Consensus Target Price from Brokerages

Shares of NIO Inc. (NYSE:NIO) have been given an average rating of “Hold” by the thirteen research firms that are presently covering the firm, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell recommendation, seven have given a hold recommendation and four have issued a buy recommendation on the company. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is $6.35.

A number of research firms have recently issued reports on NIO. Wall Street Zen raised shares of NIO from a “strong sell” rating to a “hold” rating in a research report on Monday, September 8th. UBS Group raised NIO from a “neutral” rating to a “buy” rating and raised their price objective for the company from $6.20 to $8.50 in a research note on Tuesday, September 16th. Citigroup upped their target price on NIO from $8.10 to $8.60 and gave the stock a “buy” rating in a research report on Tuesday, September 23rd. JPMorgan Chase & Co. raised shares of NIO from a “neutral” rating to an “overweight” rating and lifted their price target for the company from $4.80 to $8.00 in a research report on Tuesday, August 26th. Finally, The Goldman Sachs Group upgraded shares of NIO from a “sell” rating to a “neutral” rating and boosted their price target for the company from $3.70 to $3.80 in a research note on Tuesday, June 17th.

Institutional Investors Weigh In On NIO

Several institutional investors have recently bought and sold shares of NIO. Marex Group plc purchased a new position in shares of NIO in the 2nd quarter worth about $916,000. Wellington Capital Management Inc. bought a new stake in NIO in the second quarter worth about $605,000. Headlands Technologies LLC purchased a new position in NIO in the second quarter valued at about $240,000. CANADA LIFE ASSURANCE Co grew its position in shares of NIO by 16.0% during the 2nd quarter. CANADA LIFE ASSURANCE Co now owns 936,736 shares of the company’s stock valued at $3,220,000 after acquiring an additional 129,236 shares during the period. Finally, Vident Advisory LLC grew its position in shares of NIO by 110.4% during the 2nd quarter. Vident Advisory LLC now owns 101,422 shares of the company’s stock valued at $348,000 after acquiring an additional 53,214 shares during the period. Institutional investors own 48.55% of the company’s stock.

NIO Stock Performance

NIO stock opened at $7.60 on Thursday. The company has a market capitalization of $15.86 billion, a P/E ratio of -4.75 and a beta of 1.30. The company has a fifty day moving average price of $6.06 and a 200-day moving average price of $4.60. NIO has a 52-week low of $3.02 and a 52-week high of $8.02.

NIO (NYSE:NIO) last issued its quarterly earnings data on Tuesday, September 2nd. The company reported ($0.32) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.30) by ($0.02). NIO had a negative return on equity of 589.46% and a negative net margin of 34.71%.The company had revenue of $2.65 billion for the quarter, compared to the consensus estimate of $20.07 billion. During the same quarter last year, the business earned ($2.21) earnings per share. NIO’s revenue was up 9.0% compared to the same quarter last year. NIO has set its Q3 2025 guidance at EPS. As a group, sell-side analysts forecast that NIO will post -1.43 earnings per share for the current fiscal year.

NIO Company Profile

NIO Inc designs, manufactures, and sells electric vehicles in the People's Republic of China. The company is also involved in the manufacture of e-powertrain, battery packs, and components; and racing management, technology development, and sales and after-sales management activities. In addition, it offers power solutions for battery charging needs; and other value-added services.