NIO (NYSE:NIO) Trading 3.5% Higher – Time to Buy?

NIO Inc. (NYSE:NIO) shares traded up 3.5% on Friday . The company traded as high as $5.70 and last traded at $5.59. Approximately 55,913,460 shares were traded during mid-day trading, a decline of 6% from the average session volume of 59,497,266 shares. The stock had previously closed at $5.40.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the stock. The Goldman Sachs Group reissued a “neutral” rating and set a $7.00 target price on shares of NIO in a research note on Thursday, October 30th. JPMorgan Chase & Co. upgraded NIO from a “neutral” rating to an “overweight” rating and increased their price target for the stock from $4.80 to $8.00 in a research report on Tuesday, August 26th. Bank of America raised their price objective on NIO from $5.00 to $7.10 and gave the company a “neutral” rating in a report on Wednesday, September 3rd. Wall Street Zen upgraded NIO from a “strong sell” rating to a “hold” rating in a research report on Monday, September 8th. Finally, Weiss Ratings reiterated a “sell (e+)” rating on shares of NIO in a research report on Wednesday, October 8th. Four analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, NIO has an average rating of “Hold” and a consensus price target of $7.03.

NIO Stock Performance

The stock has a market capitalization of $11.67 billion, a PE ratio of -3.49 and a beta of 1.46. The stock’s 50 day moving average is $6.97 and its two-hundred day moving average is $5.30.

NIO (NYSE:NIO) last announced its earnings results on Tuesday, September 2nd. The company reported ($0.32) EPS for the quarter, missing analysts’ consensus estimates of ($0.30) by ($0.02). The firm had revenue of $2.65 billion for 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 was up 9.0% compared to the same quarter last year. During the same period in the previous year, the company earned ($2.21) EPS. NIO has set its Q3 2025 guidance at EPS. Equities research analysts expect that NIO Inc. will post -1.43 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Trilogy Capital Inc. lifted its stake in shares of 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 buying an additional 134,100 shares in the last quarter. Kingstone Capital Partners Texas LLC acquired a new stake in NIO in the 2nd quarter valued at about $12,315,000. Hsbc Holdings PLC lifted its stake in 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 purchasing an additional 510,610 shares in the last quarter. American Century Companies Inc. lifted its stake in 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 purchasing an additional 107,239 shares in the last quarter. Finally, Accuvest Global Advisors acquired a new position in shares of NIO during the 1st quarter worth approximately $331,000. Hedge funds and other institutional investors 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.