NIO (NYSE:NIO) Trading Down 4.9% – Here’s What Happened

NIO Inc. (NYSE:NIO) shares traded down 4.9% during trading on Wednesday . The stock traded as low as $3.85 and last traded at $3.86. Approximately 71,914,756 shares changed hands during mid-day trading, an increase of 91% from the average session volume of 37,603,688 shares. The stock had previously closed at $4.06.

More NIO News

Here are the key news stories impacting NIO this week:

• Positive Sentiment: NIO reported a 69.1% year-over-year increase in second-quarter revenue to RMB32.14 billion ($4.74 billion), while its adjusted loss narrowed and earnings exceeded expectations. Vehicle deliveries rose 49.4% to 107,658 units, and gross profit increased sharply on better product mix and operating leverage. NIO Second-Quarter 2026 Financial Results
• Positive Sentiment: Management is targeting stable vehicle margins, positive cash flow and monthly deliveries above 40,000 in the fourth quarter. That would represent more than 120,000 quarterly deliveries and depends on a recovery in China’s electric-vehicle market. NIO Q2 Earnings Call
• Positive Sentiment: August deliveries reached 35,836 vehicles, up 14.5% year over year, bringing 2026 year-to-date deliveries to 262,893, up 57.9%. The company is also expanding battery swapping and developing Firefly technology, including potential robotaxi applications. NIO August 2026 Delivery Update
• Neutral Sentiment: NIO is changing its retail strategy by opening multi-brand Sky Stores and a flagship Nio House in Macau for NIO, Onvo and Firefly vehicles. The format could lower distribution costs and broaden customer reach, but it follows closures of some older flagship locations. NIO Macau Flagship and Store Format
• Negative Sentiment: Second-quarter revenue missed Wall Street expectations, and NIO’s third-quarter revenue outlook of roughly $4.9 billion-$5.0 billion is below the approximately $5.1 billion consensus. Investors are also concerned that memory-chip and other material-cost inflation could pressure recently improved margins. NIO Revenue Miss and Narrower Loss
• Negative Sentiment: J.P. Morgan downgraded NIO to Neutral and cut its price target to $4.50 from $7.00. Barron’s also cited broader weakness in China’s auto market, while Bank of America questioned whether the expected fourth-quarter volume recovery is achievable. J.P. Morgan Downgrade

Wall Street Analyst Weigh In

Several research analysts have issued reports on NIO shares. Sanford C. Bernstein cut their price objective on NIO from $6.00 to $5.00 and set a “market perform” rating for the company in a research report on Wednesday. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of NIO in a research note on Wednesday, July 29th. Bank of America reiterated a “neutral” rating and issued a $6.80 price target on shares of NIO in a report on Thursday, May 21st. The Goldman Sachs Group upgraded shares of NIO from a “neutral” rating to a “buy” rating and set a $7.00 price objective for the company in a research note on Monday, July 13th. Finally, Zacks Research upgraded shares of NIO from a “hold” rating to a “strong-buy” rating in a research report on Monday, July 27th. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, five have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $6.29.

NIO Stock Performance

The company has a current ratio of 1.01, a quick ratio of 0.90 and a debt-to-equity ratio of 1.94. The firm has a market capitalization of $9.59 billion, a PE ratio of -7.02 and a beta of 0.92. The stock’s 50 day moving average price is $4.70 and its two-hundred day moving average price is $5.33.

NIO (NYSE:NIO) last announced its earnings results on Saturday, August 15th. The company reported $0.00 EPS for the quarter. The firm had revenue of $4.73 billion for the quarter. NIO had a negative return on equity of 318.96% and a negative net margin of 8.78%. On average, equities analysts expect that NIO Inc. will post -0.1 earnings per share for the current year.

Hedge Funds Weigh In On NIO

A number of institutional investors have recently modified their holdings of NIO. V Square Quantitative Management LLC increased its position in shares of NIO by 17.4% in the first quarter. V Square Quantitative Management LLC now owns 13,707 shares of the company’s stock worth $83,000 after acquiring an additional 2,027 shares in the last quarter. Tidal Investments LLC lifted its holdings in shares of NIO by 0.9% during the 2nd quarter. Tidal Investments LLC now owns 287,140 shares of the company’s stock valued at $985,000 after acquiring an additional 2,433 shares in the last quarter. Wealthspire Advisors LLC boosted its position in NIO by 26.4% during the 4th quarter. Wealthspire Advisors LLC now owns 12,980 shares of the company’s stock worth $66,000 after purchasing an additional 2,707 shares during the period. Atlantic Union Bankshares Corp boosted its position in NIO by 98.3% during the 4th quarter. Atlantic Union Bankshares Corp now owns 5,950 shares of the company’s stock worth $30,000 after purchasing an additional 2,950 shares during the period. Finally, Kestra Advisory Services LLC increased its holdings in NIO by 9.3% in the 4th quarter. Kestra Advisory Services LLC now owns 35,005 shares of the company’s stock valued at $179,000 after purchasing an additional 2,987 shares in the last quarter. Institutional investors and hedge funds own 48.55% of the company’s stock.

About NIO

NIO Inc is a pioneer in the premium electric vehicle (EV) segment, dedicated to the design, development and manufacture of smart, high-performance EVs. Established in November 2014 and headquartered in Shanghai, China, the company focuses on integrating cutting-edge electric propulsion, advanced connectivity and autonomous driving technologies into its automotive platforms. NIO’s vision centers on creating a holistic user experience that extends beyond the vehicle itself, encompassing energy services and digital solutions.

The company’s product lineup includes flagship SUVs and sedans such as the ES8, ES6, EC6, ET7 and ET5, each engineered to deliver strong performance, long range and a suite of intelligent driver-assistance features.