Barclays Forecasts Strong Price Appreciation for NIO (NYSE:NIO) Stock

NIO (NYSE:NIO) had its price target increased by investment analysts at Barclays from $3.00 to $4.00 in a research note issued to investors on Friday,Benzinga reports. The firm currently has an “underweight” rating on the stock. Barclays‘s price target would indicate a potential downside of 26.50% from the stock’s current price.

A number of other brokerages have also issued reports on NIO. The Goldman Sachs Group reissued a “neutral” rating and set a $7.00 price target on shares of NIO in a research note on Thursday, October 30th. Citigroup decreased their target price on NIO from $8.60 to $6.90 and set a “buy” rating for the company in a research report on Wednesday. Bank of America boosted their target price on shares of NIO from $5.00 to $7.10 and gave the company a “neutral” rating in a research note on Wednesday, September 3rd. Weiss Ratings restated a “sell (e+)” rating on shares of NIO in a report 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 note on Tuesday, August 26th. Three research analysts have rated the stock with a Buy rating, eight have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $6.73.

NIO Stock Down 1.1%

NYSE NIO opened at $5.44 on Friday. NIO has a 52 week low of $3.02 and a 52 week high of $8.02. The firm has a market capitalization of $11.36 billion, a price-to-earnings ratio of -3.75 and a beta of 1.46. The company has a quick ratio of 0.71, a current ratio of 0.94 and a debt-to-equity ratio of 2.36. The company has a fifty day moving average of $6.83 and a two-hundred day moving average of $5.36.

NIO (NYSE:NIO) last issued its quarterly earnings results on Tuesday, September 2nd. The company reported ($0.32) EPS for the quarter, missing the consensus estimate of ($0.30) by ($0.02). NIO had a negative net margin of 31.17% and a negative return on equity of 1,085.61%. The firm had revenue of $2.65 billion for the quarter, compared to the consensus estimate of $20.07 billion. During the same quarter in the previous year, the company posted ($2.21) earnings per share. The business’s revenue for the quarter was up 9.0% on a year-over-year basis. NIO has set its Q3 2025 guidance at EPS. On average, analysts predict that NIO will post -1.43 earnings per share for the current year.

Hedge Funds Weigh In On NIO

A number of large investors have recently made changes to their positions in NIO. Farther Finance Advisors LLC boosted its holdings in NIO by 148.3% in the third quarter. Farther Finance Advisors LLC now owns 4,817 shares of the company’s stock worth $37,000 after acquiring an additional 2,877 shares in the last quarter. Blueshift Asset Management LLC purchased a new position in shares of NIO in the first quarter worth about $43,000. Hedeker Wealth LLC purchased a new position in NIO during the 2nd quarter worth approximately $43,000. SeaCrest Wealth Management LLC purchased a new position in shares of NIO during the second quarter worth $56,000. Finally, Brooklyn Investment Group boosted its holdings in NIO by 4,297.2% in the first quarter. Brooklyn Investment Group now owns 15,434 shares of the company’s stock valued at $59,000 after purchasing an additional 15,083 shares during the last quarter. 48.55% of the stock is owned by institutional investors and hedge funds.

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.