NIO (NYSE:NIO) Cut to “Neutral” at JPMorgan Chase & Co.

JPMorgan Chase & Co. downgraded shares of NIO (NYSE:NIO) from an overweight rating to a neutral rating in a report released on Wednesday morning, Marketbeat Ratings reports. The firm currently has $4.50 price target on the stock, down from their prior price target of $7.00.

A number of other brokerages have also recently issued reports on NIO. Bank of America reissued a “neutral” rating and set a $6.80 price objective on shares of NIO in a report on Thursday, May 21st. The Goldman Sachs Group raised shares of NIO from a “neutral” rating to a “buy” rating and set a $7.00 target price on the stock in a report on Monday, July 13th. Sanford C. Bernstein reiterated a “market perform” rating and set a $6.00 target price on shares of NIO in a research report on Friday, May 22nd. Citigroup reissued a “buy” rating on shares of NIO in a report on Tuesday. Finally, Weiss Ratings restated a “sell (e+)” rating on shares of NIO in a research report on Wednesday, July 29th. Six research analysts have rated the stock with a Buy rating, eight have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $6.21.

NIO Trading Down 1.6%

Shares of NIO opened at $3.80 on Wednesday. The company has a current ratio of 1.02, a quick ratio of 0.90 and a debt-to-equity ratio of 2.11. The stock has a market cap of $9.44 billion, a PE ratio of -14.07 and a beta of 0.92. NIO has a 1 year low of $3.71 and a 1 year high of $8.02. The stock has a 50 day simple moving average of $4.64 and a 200-day simple moving average of $5.31.

NIO (NYSE:NIO) last announced its quarterly earnings results on Saturday, August 15th. The company reported $0.00 EPS for the quarter. NIO had a negative return on equity of 111.37% and a negative net margin of 3.95%.The business had revenue of $4.73 billion for the quarter. On average, sell-side analysts predict that NIO will post -0.14 EPS for the current fiscal year.

Hedge Funds Weigh In On NIO

Institutional investors have recently bought and sold shares of the business. Corient Private Wealth LP boosted its stake in NIO by 11.0% in the second quarter. Corient Private Wealth LP now owns 46,441 shares of the company’s stock worth $235,000 after purchasing an additional 4,593 shares in the last quarter. HighTower Advisors LLC increased its stake in shares of NIO by 15.7% in the second quarter. HighTower Advisors LLC now owns 68,866 shares of the company’s stock valued at $348,000 after buying an additional 9,357 shares in the last quarter. XY Capital Ltd increased its stake in shares of NIO by 26.5% in the second quarter. XY Capital Ltd now owns 562,296 shares of the company’s stock valued at $2,845,000 after buying an additional 117,946 shares in the last quarter. TD Waterhouse Canada Inc. raised its holdings in shares of NIO by 20.9% in the second quarter. TD Waterhouse Canada Inc. now owns 28,172 shares of the company’s stock valued at $140,000 after buying an additional 4,877 shares during the last quarter. Finally, Nykredit A S bought a new position in shares of NIO in the second quarter valued at about $964,000. Institutional investors own 48.55% of the company’s stock.

Key Headlines Impacting NIO

Here are the key news stories impacting NIO this week:

• Positive Sentiment: NIO reported substantial Q2 2026 growth: revenue increased 69.1% year over year to approximately $4.74 billion, while deliveries rose 49.4% to 107,658 vehicles. Vehicle gross margin improved to 18.4%, and the company highlighted progress toward positive operating cash flow. NIO Q2 2026 Revenue Jumps 69% To $4.74 Billion As Deliveries Reach 107,658
• Positive Sentiment: Some analysts view the margin recovery, shrinking losses, premium ES8 and ES9 models, and NIO’s multi-brand strategy—including ONVO and FIREFLY—as potential catalysts for future profitability. Valuation-based commentary also suggests the stock could be below fair value if delivery and margin improvements continue. NIO: Buy The Margin Turnaround, But Keep Expectations Real
• Neutral Sentiment: Other valuation analysis identifies potential upside based on discounted-cash-flow and earnings-multiple estimates, although NIO’s long-term share-price performance remains deeply negative and the conclusions depend on sustained growth and execution. NIO Could Be 47% Below Fair Value On Q2 2026 Results
• Negative Sentiment: JPMorgan downgraded NIO to Neutral, cutting its price target to $4.50 from $7.00, citing a weak Chinese car market. Citi also reduced its sales estimates and price target, despite retaining a Buy rating. NIO Stock Drops. The Weak Chinese Car Market Is Too Much to Overcome
• Negative Sentiment: Freedom Broker and Zacks Research both moved NIO from “strong buy” to “hold”; Freedom Broker also cut its price target to $4. Analysts continue to flag high debt, rising costs, intense competition and the risk that fading subsidies will pressure demand and profitability. NIO Downgraded to Hold by Freedom Broker

NIO Company Profile

NIO Inc is a pioneer in the premium electric vehicle (EV) segment, dedicated to the design, development and manufacture of smart, high-performance EVs. Established in November 2014 and headquartered in Shanghai, China, the company focuses on integrating cutting-edge electric propulsion, advanced connectivity and autonomous driving technologies into its automotive platforms. NIO’s vision centers on creating a holistic user experience that extends beyond the vehicle itself, encompassing energy services and digital solutions.

The company’s product lineup includes flagship SUVs and sedans such as the ES8, ES6, EC6, ET7 and ET5, each engineered to deliver strong performance, long range and a suite of intelligent driver-assistance features.