NIO (NYSE:NIO) Upgraded to “Strong-Buy” at Zacks Research

NIO (NYSE:NIO) was upgraded by stock analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a report released on Monday,Zacks.com reports. Zacks Research also issued estimates for NIO’s Q4 2027 earnings at $0.04 EPS and Q2 2028 earnings at $0.07 EPS.

Several other research analysts have also recently issued reports on NIO. Bank of America reaffirmed a “neutral” rating and set a $6.80 target price on shares of NIO in a research 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 price objective on the stock in a report on Monday, July 13th. Weiss Ratings reiterated a “sell (e+)” rating on shares of NIO in a research note on Friday, May 1st. Finally, Sanford C. Bernstein reiterated a “market perform” rating and issued a $6.00 target price on shares of NIO in a report on Friday, May 22nd. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, four have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $6.70.

NIO Price Performance

Shares of NYSE NIO opened at $4.70 on Monday. The stock has a market cap of $11.66 billion, a price-to-earnings ratio of -8.54 and a beta of 0.90. The company has a debt-to-equity ratio of 1.94, a quick ratio of 0.90 and a current ratio of 1.01. NIO has a fifty-two week low of $4.37 and a fifty-two week high of $8.02. The firm’s 50-day simple moving average is $5.11 and its 200 day simple moving average is $5.36.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in shares of NIO by 3,966.7% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 5,316,291 shares of the company’s stock worth $20,255,000 after purchasing an additional 5,185,565 shares during the period. Franklin Resources Inc. increased its holdings in NIO by 50.9% during the second quarter. Franklin Resources Inc. now owns 17,707 shares of the company’s stock worth $61,000 after buying an additional 5,974 shares during the last quarter. Invesco Ltd. increased its holdings in NIO by 22.7% during the second quarter. Invesco Ltd. now owns 2,738,308 shares of the company’s stock worth $9,392,000 after buying an additional 506,618 shares during the last quarter. First Trust Advisors LP raised its position in NIO by 67.4% in the second quarter. First Trust Advisors LP now owns 73,280 shares of the company’s stock worth $251,000 after acquiring an additional 29,501 shares during the period. Finally, AXA S.A. bought a new stake in NIO in the second quarter worth about $64,000. Institutional investors own 48.55% of the company’s stock.

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.