Neuberger Berman Group LLC Has $275,000 Stock Position in NIO Inc. $NIO

Neuberger Berman Group LLC lessened its holdings in NIO Inc. (NYSE:NIO) by 15.7% in the 2nd quarter, Holdings Channel reports. The firm owned 80,043 shares of the company’s stock after selling 14,876 shares during the quarter. Neuberger Berman Group LLC’s holdings in NIO were worth $275,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Blueshift Asset Management LLC acquired a new position in NIO during the first quarter worth $43,000. Hedeker Wealth LLC bought a new stake in shares of NIO during the 2nd quarter worth about $43,000. Brooklyn Investment Group increased its holdings in shares of NIO by 4,297.2% during the 1st quarter. Brooklyn Investment Group now owns 15,434 shares of the company’s stock valued at $59,000 after acquiring an additional 15,083 shares during the last quarter. Mackenzie Financial Corp bought a new position in shares of NIO in the 1st quarter valued at approximately $61,000. Finally, SeaCrest Wealth Management LLC bought a new position in shares of NIO in the 2nd quarter valued at approximately $56,000. 48.55% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of equities research analysts have issued reports on NIO shares. Barclays upped their target price on NIO from $3.00 to $4.00 and gave the stock an “underweight” rating in a research report on Friday. Mizuho boosted their price objective on shares of NIO from $6.00 to $7.00 and gave the stock a “neutral” rating in a research note on Tuesday, September 23rd. JPMorgan Chase & Co. upgraded shares of NIO from a “neutral” rating to an “overweight” rating and raised their target price for the company from $4.80 to $8.00 in a research note on Tuesday, August 26th. Citigroup dropped their target price on shares of NIO from $8.60 to $6.90 and set a “buy” rating on the stock in a report on Wednesday. Finally, Macquarie set a $5.30 target price on shares of NIO in a research report on Tuesday. Three investment 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’s stock. Based on data from MarketBeat.com, NIO presently has an average rating of “Hold” and a consensus target price of $6.73.

NIO Stock Up 1.0%

NIO opened at $5.52 on Friday. The business has a 50 day moving average of $6.79 and a 200-day moving average of $5.37. The stock has a market capitalization of $11.51 billion, a price-to-earnings ratio of -3.80 and a beta of 1.46. The company has a current ratio of 0.94, a quick ratio of 0.71 and a debt-to-equity ratio of 2.36. NIO Inc. has a 1-year low of $3.02 and a 1-year high of $8.02.

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

NIO 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.