NIO (NYSE:NIO) Stock Price Down 3.4% – What’s Next?

NIO Inc. (NYSE:NIO) shares dropped 3.4% during mid-day trading on Wednesday . The stock traded as low as $5.73 and last traded at $5.7750. Approximately 44,001,808 shares changed hands during mid-day trading, a decline of 26% from the average daily volume of 59,461,727 shares. The stock had previously closed at $5.98.

Wall Street Analysts Forecast Growth

Several research firms recently commented on NIO. Citigroup boosted their price objective on shares of NIO from $8.10 to $8.60 and gave the company a “buy” rating in a research report on Tuesday, September 23rd. The Goldman Sachs Group reiterated a “neutral” rating and issued a $7.00 price objective on shares of NIO in a report on Thursday, October 30th. JPMorgan Chase & Co. raised NIO from a “neutral” rating to an “overweight” rating and boosted their price target for the company from $4.80 to $8.00 in a research note on Tuesday, August 26th. Weiss Ratings reiterated a “sell (e+)” rating on shares of NIO in a report on Wednesday, October 8th. Finally, UBS Group upgraded NIO from a “neutral” rating to a “buy” rating and increased their target price for the company from $6.20 to $8.50 in a research report on Tuesday, September 16th. Four investment 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 MarketBeat, NIO currently has an average rating of “Hold” and a consensus target price of $6.75.

NIO Stock Down 3.4%

The firm’s 50 day simple moving average is $6.98 and its two-hundred day simple moving average is $5.30. The stock has a market capitalization of $12.05 billion, a P/E ratio of -3.61 and a beta of 1.46.

NIO (NYSE:NIO) last issued 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). NIO had a negative net margin of 34.71% and a negative return on equity of 589.46%. The firm had revenue of $2.65 billion during the quarter, compared to the consensus estimate of $20.07 billion. During the same period in the previous year, the firm earned ($2.21) earnings per share. The business’s quarterly revenue was up 9.0% on a year-over-year basis. NIO has set its Q3 2025 guidance at EPS. As a group, equities research analysts expect that NIO Inc. will post -1.43 earnings per share for the current year.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Cerity Partners LLC increased its position in shares of NIO by 38.0% during the first quarter. Cerity Partners LLC now owns 18,999 shares of the company’s stock worth $72,000 after acquiring an additional 5,234 shares in the last quarter. Apollon Wealth Management LLC raised its stake in shares of NIO by 91.9% in the first quarter. Apollon Wealth Management LLC now owns 21,446 shares of the company’s stock worth $82,000 after purchasing an additional 10,270 shares during the last quarter. Private Advisor Group LLC lifted its holdings in shares of NIO by 4.6% in the first quarter. Private Advisor Group LLC now owns 79,500 shares of the company’s stock valued at $303,000 after purchasing an additional 3,527 shares in the last quarter. WMG Financial Advisors LLC boosted its position in shares of NIO by 5.6% during the first quarter. WMG Financial Advisors LLC now owns 402,796 shares of the company’s stock valued at $1,535,000 after buying an additional 21,261 shares during the last quarter. Finally, Tempus Wealth Planning LLC grew its holdings in NIO by 7.4% during the first quarter. Tempus Wealth Planning LLC now owns 42,710 shares of the company’s stock worth $163,000 after buying an additional 2,943 shares in the last quarter. 48.55% of the stock is owned by institutional investors.

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.