Robo.ai (NASDAQ:AIIO) Shares Gap Down – Here’s What Happened

Posted by Jessica Moore on Aug 21st, 2026

Robo.ai Inc. (NASDAQ:AIIO – Get Free Report) gapped down before the market opened on Friday . The stock had previously closed at $2.97, but opened at $2.90. Robo.ai shares last traded at $2.93, with a volume of 95,895 shares.

Analysts Set New Price Targets

Several analysts recently weighed in on the company. Weiss Ratings downgraded Robo.ai from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Friday, August 7th. Wall Street Zen downgraded Robo.ai from a “hold” rating to a “sell” rating in a research report on Thursday, May 14th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Robo.ai has an average rating of “Sell”.

Read Our Latest Research Report on Robo.ai

Robo.ai Stock Down 4.7%

The firm’s 50-day simple moving average is $3.36 and its 200-day simple moving average is $2.66.

Hedge Funds Weigh In On Robo.ai

An institutional investor recently raised its stake in Robo.ai stock. Geode Capital Management LLC increased its position in shares of Robo.ai Inc. (NASDAQ:AIIO – Free Report) by 16.4% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 220,348 shares of the company’s stock after purchasing an additional 31,004 shares during the period. Geode Capital Management LLC owned about 0.09% of Robo.ai worth $353,000 at the end of the most recent reporting period. Institutional investors and hedge funds own 0.20% of the company’s stock.

About Robo.ai

(Get Free Report)

NWTN Inc operates as a smart passenger vehicle company, provides passenger-centric mobility and green energy solutions in the United States, the United Arab Emirates, and Mainland China. The company develops electric vehicles, including Supersport coupe; and smart passenger vehicles, such as MUSE and ADA. It integrates design, life-style personalization, IoT connectivity, autonomous driving technology, and green energy eco-systems for future mobility solutions. The company also involved in the wholesale and retail of vehicles; and provision of business management, operations, commercialization, as well as design and technology development services.