NIO (NYSE:NIO) Trading Down 1.6% – Time to Sell?

NIO Inc. (NYSE:NIO)’s stock price dropped 1.6% during mid-day trading on Tuesday . The company traded as low as $5.83 and last traded at $5.9850. Approximately 58,809,354 shares traded hands during trading, a decline of 1% from the average daily volume of 59,531,145 shares. The stock had previously closed at $6.08.

Analyst Upgrades and Downgrades

Several brokerages recently commented on NIO. Wall Street Zen raised shares of NIO from a “strong sell” rating to a “hold” rating in a report on Monday, September 8th. Weiss Ratings reiterated a “sell (e+)” rating on shares of NIO in a research report on Wednesday, October 8th. Citigroup upped their price target on shares of NIO from $8.10 to $8.60 and gave the stock a “buy” rating in a research report on Tuesday, September 23rd. The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $7.00 price target on shares of NIO in a research note on Thursday, October 30th. Finally, UBS Group upgraded NIO from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $6.20 to $8.50 in a research note on Tuesday, September 16th. Four equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $6.75.

NIO Stock Performance

The firm has a market capitalization of $12.49 billion, a PE ratio of -3.74 and a beta of 1.46. The stock’s 50 day simple moving average is $6.98 and its two-hundred day simple moving average is $5.28.

NIO (NYSE:NIO) last posted 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 34.71% and a negative return on equity of 589.46%. The company had revenue of $2.65 billion during the quarter, compared to analyst estimates of $20.07 billion. During the same period in the prior year, the business posted ($2.21) EPS. NIO’s revenue for the quarter was up 9.0% compared to the same quarter last year. NIO has set its Q3 2025 guidance at EPS. Equities research analysts expect that NIO Inc. will post -1.43 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the company. Farther Finance Advisors LLC grew its holdings in shares of NIO by 148.3% in the third quarter. Farther Finance Advisors LLC now owns 4,817 shares of the company’s stock valued at $37,000 after purchasing an additional 2,877 shares during the period. Xponance Inc. purchased a new stake in shares of NIO in the 1st quarter valued at approximately $39,000. Blueshift Asset Management LLC purchased a new stake in shares of NIO in the 1st quarter valued at approximately $43,000. Hedeker Wealth LLC acquired a new stake in shares of NIO during the 2nd quarter worth approximately $43,000. Finally, SeaCrest Wealth Management LLC purchased a new stake in shares of NIO during the 2nd quarter valued at approximately $56,000. 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.