NIO (NYSE:NIO) Trading Down 2% – Here’s Why

NIO Inc. (NYSE:NIO) shares dropped 2% during mid-day trading on Thursday . The stock traded as low as $7.11 and last traded at $7.1450. Approximately 69,030,249 shares were traded during mid-day trading, an increase of 16% from the average daily volume of 59,640,730 shares. The stock had previously closed at $7.29.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on NIO shares. The Goldman Sachs Group reaffirmed a “neutral” rating and set a $7.00 price objective on shares of NIO in a research report on Thursday, October 30th. Morgan Stanley restated a “buy” rating on shares of NIO in a report on Monday, July 14th. Wall Street Zen upgraded shares of NIO from a “strong sell” rating to a “hold” rating in a research note on Monday, September 8th. Bank of America raised their price objective on shares of NIO from $5.00 to $7.10 and gave the company a “neutral” rating in a research note on Wednesday, September 3rd. Finally, Mizuho upped their target price on shares of NIO from $6.00 to $7.00 and gave the stock a “neutral” rating in a research note on Tuesday, September 23rd. Four equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of $6.75.

NIO Stock Performance

The firm has a market capitalization of $14.31 billion, a price-to-earnings ratio of -4.28 and a beta of 1.46. The company has a 50-day moving average price of $6.97 and a 200-day moving average price of $5.17.

NIO (NYSE:NIO) last released its quarterly earnings data on Tuesday, September 2nd. The company reported ($0.32) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.30) by ($0.02). NIO had a negative return on equity of 589.46% and a negative net margin of 34.71%.The company had revenue of $2.65 billion for the quarter, compared to analyst estimates of $20.07 billion. During the same period in the previous year, the business posted ($2.21) EPS. The firm’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. On average, research analysts expect that NIO Inc. will post -1.43 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Trilogy Capital Inc. increased its holdings in shares of NIO by 1,307.5% in the first quarter. Trilogy Capital Inc. now owns 144,356 shares of the company’s stock valued at $550,000 after purchasing an additional 134,100 shares during the period. Ping Capital Management Inc. purchased a new position in NIO in the 1st quarter valued at $305,000. Kingstone Capital Partners Texas LLC acquired a new position in NIO in the 2nd quarter valued at $12,315,000. Hsbc Holdings PLC raised its position in NIO by 96.6% during the 1st quarter. Hsbc Holdings PLC now owns 1,039,162 shares of the company’s stock worth $3,964,000 after buying an additional 510,610 shares during the last quarter. Finally, American Century Companies Inc. lifted its stake 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 acquiring an additional 107,239 shares during the period. 48.55% of the stock is currently owned by institutional investors and hedge funds.

About NIO

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.