NIO (NYSE:NIO) Shares Gap Up – Time to Buy?

NIO Inc. (NYSE:NIO) shares gapped up prior to trading on Tuesday . The stock had previously closed at $5.34, but opened at $5.54. NIO shares last traded at $5.7650, with a volume of 28,789,591 shares.

Key NIO News

Here are the key news stories impacting NIO this week:

• Positive Sentiment: CEO guidance: management forecasted strong vehicle-sales revenue — CEO said fourth-quarter vehicle sales are expected to exceed $4 billion, a near-term revenue catalyst that supports investor optimism about demand and near?term cash flow. Stock Market Today, Dec. 29: Nio Rises on CEO Forecast
• Positive Sentiment: Rapid ES8 demand: NIO announced it reached 40,000 deliveries of the third?generation ES8 in record time (about 100 days after launch), signaling strong demand for a key SUV model and supporting revenue and margin improvement prospects. Nio Celebrates 40,000th Delivery of Third-Generation ES8
• Positive Sentiment: Retail and market attention: coverage notes renewed retail investor interest around the ES8 milestone and company momentum, which can amplify short?term upside via volume and options activity. Nio stock jumps — why investors are paying attention again
• Positive Sentiment: Option flow bullish: call volume is above normal and described as directionally bullish, indicating traders are positioning for continued upside in the near term. Elevated call activity can magnify intraday moves. NIO call volume above normal and directionally bullish
• Positive Sentiment: Supply-chain signal: reports that NIO is increasing reliance on CATL for batteries are being read positively by the market (improved cost, scale and battery availability), and shares have reacted upward on those reports. Nio shares climb 5.6% on report of more CATL reliance
• Neutral Sentiment: Strategic investment: NIO Capital invested $20 million in used-car platform Uxin — a small but strategic move that could aid trade?in/resale channels and capture downstream value; impact on near-term earnings is likely limited. Nio Capital Invests $20 Million in Uxin
• Neutral Sentiment: Analyst/interest check: articles asking whether NIO is a buy and highlighting it as a trending stock reflect attention but don’t change fundamentals; they may sustain volume/volatility. Is Trending Stock NIO Inc. (NIO) a Buy Now?

Analyst Upgrades and Downgrades

A number of brokerages recently commented on NIO. Weiss Ratings reiterated a “sell (d-)” rating on shares of NIO in a research report on Monday, December 22nd. Macquarie set a $5.30 price target on NIO in a research report on Tuesday, November 25th. Mizuho lifted their price objective on NIO from $6.00 to $7.00 and gave the stock a “neutral” rating in a research report on Tuesday, September 23rd. Wall Street Zen upgraded NIO from a “strong sell” rating to a “hold” rating in a report on Monday, September 8th. Finally, Bank of America raised their price target on NIO from $5.00 to $7.10 and gave the stock a “neutral” rating in a research note on Wednesday, September 3rd. Three equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $6.73.

NIO Trading Up 5.3%

The company has a current ratio of 0.94, a quick ratio of 0.83 and a debt-to-equity ratio of 2.36. The company has a market cap of $11.74 billion, a PE ratio of -3.88 and a beta of 1.04. The stock has a 50 day moving average price of $5.86 and a 200 day moving average price of $5.57.

Institutional Trading of NIO

Hedge funds and other institutional investors have recently modified their holdings of the business. Kingstone Capital Partners Texas LLC purchased a new stake in NIO in the second quarter worth about $12,315,000. American Century Companies Inc. boosted its position in shares of NIO by 18.0% in the 1st quarter. American Century Companies Inc. now owns 702,772 shares of the company’s stock worth $2,678,000 after purchasing an additional 107,239 shares in the last quarter. Vontobel Holding Ltd. boosted its position in shares of NIO by 125.2% in the 2nd quarter. Vontobel Holding Ltd. now owns 1,094,398 shares of the company’s stock worth $3,754,000 after purchasing an additional 608,377 shares in the last quarter. WMG Financial Advisors LLC increased its position in NIO by 17.9% during the 2nd quarter. WMG Financial Advisors LLC now owns 474,966 shares of the company’s stock valued at $1,629,000 after buying an additional 72,170 shares in the last quarter. Finally, Marex Group plc bought a new position in NIO during the 2nd quarter valued at approximately $916,000. 48.55% of the stock is owned by hedge funds and other institutional investors.

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.