Profund Advisors LLC Trims Position in NIO Inc. $NIO

Profund Advisors LLC lessened its holdings in shares of NIO Inc. (NYSE:NIO) by 5.8% in the second quarter, Holdings Channel.com reports. The fund owned 225,989 shares of the company’s stock after selling 13,967 shares during the period. Profund Advisors LLC’s holdings in NIO were worth $775,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in NIO by 3,966.7% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 5,316,291 shares of the company’s stock worth $20,255,000 after purchasing an additional 5,185,565 shares in the last quarter. Kingstone Capital Partners Texas LLC bought a new position in NIO in the second quarter worth about $12,315,000. Vontobel Holding Ltd. lifted its holdings in NIO by 125.2% in the second quarter. Vontobel Holding Ltd. now owns 1,094,398 shares of the company’s stock worth $3,754,000 after buying an additional 608,377 shares during the period. Hsbc Holdings PLC lifted its holdings in NIO by 96.6% in the first quarter. Hsbc Holdings PLC now owns 1,039,162 shares of the company’s stock worth $3,964,000 after buying an additional 510,610 shares during the period. Finally, American Century Companies Inc. boosted its position in NIO by 18.0% during the 1st quarter. American Century Companies Inc. now owns 702,772 shares of the company’s stock valued at $2,678,000 after acquiring an additional 107,239 shares in the last quarter. Institutional investors own 48.55% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on NIO. Mizuho increased their target price on NIO from $6.00 to $7.00 and gave the stock a “neutral” rating in a research report on Tuesday, September 23rd. UBS Group upgraded NIO from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $6.20 to $8.50 in a report on Tuesday, September 16th. The Goldman Sachs Group restated a “neutral” rating and set a $7.00 target price on shares of NIO in a report on Thursday, October 30th. Weiss Ratings reiterated a “sell (e+)” rating on shares of NIO in a research note on Wednesday, October 8th. Finally, 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. Four analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $6.75.

NIO Price Performance

Shares of NYSE:NIO opened at $6.64 on Wednesday. The business has a fifty day moving average price of $6.98 and a 200-day moving average price of $5.22. The company has a market capitalization of $13.85 billion, a PE ratio of -4.15 and a beta of 1.46. NIO Inc. has a 1-year low of $3.02 and a 1-year high of $8.02.

NIO (NYSE:NIO) last announced its quarterly earnings data 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 for the quarter, compared to analysts’ expectations of $20.07 billion. NIO had a negative net margin of 34.71% and a negative return on equity of 589.46%. The business’s revenue for the quarter was up 9.0% compared to the same quarter last year. During the same period last year, the company posted ($2.21) earnings per share. NIO has set its Q3 2025 guidance at EPS. On average, sell-side analysts anticipate that NIO Inc. 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.