NIO (NYSE:NIO) Upgraded at UBS Group

UBS Group upgraded shares of NIO (NYSE:NIO) from a neutral rating to a buy rating in a research report released on Tuesday morning, Marketbeat Ratings reports. The brokerage currently has $8.50 price objective on the stock, up from their prior price objective of $6.20.

NIO has been the topic of several other research reports. Morgan Stanley restated a “buy” rating on shares of NIO in a report on Monday, July 14th. Wall Street Zen upgraded NIO from a “strong sell” rating to a “hold” rating in a report on Monday, September 8th. The Goldman Sachs Group upgraded NIO from a “sell” rating to a “neutral” rating and increased their price target for the company from $3.70 to $3.80 in a report on Tuesday, June 17th. JPMorgan Chase & Co. upgraded NIO from a “neutral” rating to an “overweight” rating and increased their price target for the company from $4.80 to $8.00 in a report on Tuesday, August 26th. Finally, Barclays decreased their price target on NIO from $4.00 to $3.00 and set an “underweight” rating on the stock in a report on Wednesday, June 4th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $6.16.

NIO Stock Down 1.1%

Shares of NIO opened at $7.37 on Tuesday. The business’s 50 day simple moving average is $5.38 and its 200-day simple moving average is $4.39. NIO has a 1 year low of $3.02 and a 1 year high of $7.71. The stock has a market capitalization of $15.38 billion, a price-to-earnings ratio of -4.61 and a beta of 1.20. The company has a debt-to-equity ratio of 1.89, a current ratio of 0.84 and a quick ratio of 0.71.

NIO (NYSE:NIO) last released its quarterly earnings results on Tuesday, September 2nd. The company reported ($0.32) earnings per share 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 for the quarter, compared to analysts’ expectations of $20.07 billion. During the same quarter in the previous year, the company posted ($2.21) EPS. The business’s quarterly revenue was up 9.0% on a year-over-year basis. NIO has set its Q3 2025 guidance at EPS. As a group, equities analysts expect that NIO will post -1.43 earnings per share for the current fiscal year.

Institutional Investors Weigh In On NIO

A number of institutional investors have recently added to or reduced their stakes in NIO. Vident Advisory LLC boosted its position in NIO by 60.6% during the fourth quarter. Vident Advisory LLC now owns 53,937 shares of the company’s stock valued at $235,000 after purchasing an additional 20,349 shares in the last quarter. Shufro Rose & Co. LLC bought a new stake in NIO during the fourth quarter valued at about $65,000. Annex Advisory Services LLC bought a new stake in NIO during the first quarter valued at about $47,000. SG Americas Securities LLC boosted its position in NIO by 83.3% during the first quarter. SG Americas Securities LLC now owns 2,109,761 shares of the company’s stock valued at $8,038,000 after purchasing an additional 958,750 shares in the last quarter. Finally, Azzad Asset Management Inc. ADV boosted its position in NIO by 44.1% during the first quarter. Azzad Asset Management Inc. ADV now owns 39,492 shares of the company’s stock valued at $150,000 after purchasing an additional 12,080 shares in the last quarter. Institutional investors 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.