NIO (NYSE:NIO) Stock Price Up 2.4% – Should You Buy?

NIO Inc. (NYSE:NIO) rose 2.4% on Monday . The stock traded as high as $7.27 and last traded at $7.21. Approximately 64,989,882 shares were traded during mid-day trading, an increase of 9% from the average daily volume of 59,453,531 shares. The stock had previously closed at $7.04.

Wall Street Analysts Forecast Growth

NIO has been the topic of several recent analyst reports. Mizuho increased their price target on NIO from $6.00 to $7.00 and gave the stock a “neutral” rating in a report on Tuesday, September 23rd. The Goldman Sachs Group upgraded NIO from a “sell” rating to a “neutral” rating and increased their price target for the stock from $3.70 to $3.80 in a report on Tuesday, June 17th. UBS Group upgraded NIO from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $6.20 to $8.50 in a report on Tuesday, September 16th. Morgan Stanley restated a “buy” rating on shares of NIO in a report on Monday, July 14th. Finally, JPMorgan Chase & Co. upgraded NIO from a “neutral” rating to an “overweight” rating and raised their price objective for the stock from $4.80 to $8.00 in a report on Tuesday, August 26th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $6.35.

NIO Price Performance

The company has a current ratio of 0.84, a quick ratio of 0.71 and a debt-to-equity ratio of 1.89. The firm has a market cap of $15.05 billion, a P/E ratio of -4.51 and a beta of 1.20. The firm has a 50-day simple moving average of $5.73 and a 200-day simple moving average of $4.49.

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 the consensus estimate of ($0.30) by ($0.02). The company had revenue of $2.65 billion for the quarter, compared to the consensus estimate of $20.07 billion. NIO had a negative net margin of 34.71% and a negative return on equity of 589.46%. The firm’s revenue was up 9.0% compared to the same quarter last year. During the same period last year, the business posted ($2.21) EPS. NIO has set its Q3 2025 guidance at EPS. As a group, analysts forecast that NIO Inc. will post -1.43 EPS for the current year.

Institutional Trading of NIO

A number of institutional investors have recently made changes to their positions in the business. Marex Group plc acquired a new stake in shares of NIO in the 2nd quarter worth $916,000. Wellington Capital Management Inc. acquired a new stake in shares of NIO in the 2nd quarter worth $605,000. Headlands Technologies LLC acquired a new stake in shares of NIO in the 2nd quarter worth $240,000. CANADA LIFE ASSURANCE Co boosted its position in shares of NIO by 16.0% in the 2nd quarter. CANADA LIFE ASSURANCE Co now owns 936,736 shares of the company’s stock worth $3,220,000 after purchasing an additional 129,236 shares in the last quarter. Finally, Vident Advisory LLC boosted its position in shares of NIO by 110.4% in the 2nd quarter. Vident Advisory LLC now owns 101,422 shares of the company’s stock worth $348,000 after purchasing an additional 53,214 shares in the last quarter. Institutional investors and hedge funds own 48.55% of the company’s stock.

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.