Tableaux LLC Takes $82,000 Position in NIO Inc. $NIO

Tableaux LLC bought a new stake in shares of NIO Inc. (NYSE:NIO) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 24,000 shares of the company’s stock, valued at approximately $82,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Tempus Wealth Planning LLC boosted its stake in shares of NIO by 7.4% in the first quarter. Tempus Wealth Planning LLC now owns 42,710 shares of the company’s stock valued at $163,000 after purchasing an additional 2,943 shares during the period. Redwood Wealth Management Group LLC increased its stake in NIO by 4.9% during the 2nd quarter. Redwood Wealth Management Group LLC now owns 69,206 shares of the company’s stock worth $237,000 after buying an additional 3,215 shares during the period. Private Advisor Group LLC lifted its holdings in NIO by 4.6% during the 1st quarter. Private Advisor Group LLC now owns 79,500 shares of the company’s stock worth $303,000 after buying an additional 3,527 shares in the last quarter. Main Management ETF Advisors LLC boosted its position in NIO by 1.7% in the 2nd quarter. Main Management ETF Advisors LLC now owns 222,057 shares of the company’s stock valued at $762,000 after buying an additional 3,612 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. grew its stake in shares of NIO by 2.2% in the second quarter. Mirae Asset Global Investments Co. Ltd. now owns 220,694 shares of the company’s stock worth $757,000 after acquiring an additional 4,846 shares in the last quarter. 48.55% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several brokerages have recently issued reports on NIO. UBS Group upgraded NIO from a “neutral” rating to a “buy” rating and increased their price objective for the company from $6.20 to $8.50 in a research note on Tuesday, September 16th. The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $7.00 price target on shares of NIO in a research report on Thursday, October 30th. Weiss Ratings reissued a “sell (e+)” rating on shares of NIO in a research report on Wednesday, October 8th. Wall Street Zen upgraded shares of NIO from a “strong sell” rating to a “hold” rating in a research note on Monday, September 8th. Finally, Citigroup raised their price objective on shares of NIO from $8.10 to $8.60 and gave the company a “buy” rating in a report on Tuesday, September 23rd. Four research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $7.03.

NIO Stock Up 3.5%

NIO stock opened at $5.59 on Friday. The business has a 50 day moving average price of $6.95 and a 200 day moving average price of $5.32. The stock has a market cap of $11.67 billion, a price-to-earnings ratio of -3.49 and a beta of 1.46. NIO Inc. has a fifty-two week low of $3.02 and a fifty-two week high of $8.02.

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

About NIO

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.