NIO (NYSE:NIO) Stock Price Down 2.2% – Here’s Why

NIO Inc. (NYSE:NIO) shares were down 2.2% during trading on Monday . The company traded as low as $6.65 and last traded at $6.71. Approximately 57,468,376 shares traded hands during mid-day trading, a decline of 4% from the average daily volume of 59,662,254 shares. The stock had previously closed at $6.86.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on NIO. Morgan Stanley restated a “buy” rating on shares of NIO in a research note on Monday, July 14th. The Goldman Sachs Group reiterated a “neutral” rating and issued a $7.00 price target on shares of NIO in a research note on Thursday, October 30th. Weiss Ratings restated a “sell (e+)” rating on shares of NIO in a research note on Wednesday, October 8th. Wall Street Zen upgraded NIO from a “strong sell” rating to a “hold” rating in a research report on Monday, September 8th. Finally, Mizuho boosted their price target on NIO from $6.00 to $7.00 and gave the company a “neutral” rating in a report on Tuesday, September 23rd. Four research analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $6.75.

NIO Trading Down 2.2%

The company’s 50-day moving average is $6.97 and its two-hundred day moving average is $5.19. The stock has a market capitalization of $14.00 billion, a P/E ratio of -4.19 and a beta of 1.46.

NIO (NYSE:NIO) last announced its quarterly earnings results on Tuesday, September 2nd. The company reported ($0.32) EPS for the quarter, missing the consensus estimate of ($0.30) by ($0.02). The firm had revenue of $2.65 billion during the quarter, compared to analyst estimates of $20.07 billion. NIO had a negative net margin of 34.71% and a negative return on equity of 589.46%. NIO’s revenue for the quarter was up 9.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted ($2.21) EPS. NIO has set its Q3 2025 guidance at EPS. Sell-side analysts expect that NIO Inc. will post -1.43 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the business. Trilogy Capital Inc. lifted its holdings in NIO by 1,307.5% in the first quarter. Trilogy Capital Inc. now owns 144,356 shares of the company’s stock worth $550,000 after purchasing an additional 134,100 shares during the period. Ping Capital Management Inc. acquired a new position in NIO during the 1st quarter valued at about $305,000. Kingstone Capital Partners Texas LLC bought a new stake in shares of NIO during the 2nd quarter worth about $12,315,000. Hsbc Holdings PLC lifted its stake in shares of NIO by 96.6% in the 1st quarter. Hsbc Holdings PLC now owns 1,039,162 shares of the company’s stock worth $3,964,000 after acquiring an additional 510,610 shares during the period. Finally, American Century Companies Inc. lifted its stake in shares of NIO by 18.0% in the 1st quarter. American Century Companies Inc. now owns 702,772 shares of the company’s stock worth $2,678,000 after acquiring an additional 107,239 shares during the period. Institutional investors and hedge funds own 48.55% of the company’s stock.

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.