NIO Inc. (NYSE:NIO) Receives Average Recommendation of “Hold” from Analysts

NIO Inc. (NYSE:NIO) has received a consensus rating of “Hold” from the fourteen ratings firms that are presently covering the firm, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell rating, five have given a hold rating and seven have assigned a buy rating to the company. The average 1 year price objective among brokers that have covered the stock in the last year is $6.70.

Several research analysts recently weighed in on the stock. Sanford C. Bernstein restated a “market perform” rating and set a $6.00 price target on shares of NIO in a research report on Friday, May 22nd. Bank of America restated a “neutral” rating and set a $6.80 price target on shares of NIO in a research report on Thursday, May 21st. Dbs Bank upgraded shares of NIO from a “hold” rating to a “moderate buy” rating in a research report on Monday, March 16th. Weiss Ratings reiterated a “sell (e+)” rating on shares of NIO in a report on Friday, May 1st. Finally, Nomura upgraded shares of NIO from a “neutral” rating to a “buy” rating and set a $6.60 price objective for the company in a report on Wednesday, March 11th.

NIO Stock Up 1.8%

NIO opened at $5.46 on Tuesday. NIO has a twelve month low of $3.34 and a twelve month high of $8.02. The company has a quick ratio of 0.90, a current ratio of 1.01 and a debt-to-equity ratio of 1.94. The company has a 50-day moving average price of $6.04 and a 200 day moving average price of $5.41. The company has a market cap of $13.55 billion, a PE ratio of -9.92 and a beta of 0.92.

NIO (NYSE:NIO) last released its quarterly earnings results on Saturday, February 14th. The company reported $0.04 earnings per share for the quarter. NIO had a negative net margin of 8.78% and a negative return on equity of 318.96%. The firm had revenue of $4.95 billion during the quarter. Sell-side analysts expect that NIO will post -0.16 earnings per share for the current fiscal year.

NIO News Summary

Here are the key news stories impacting NIO this week:

• Positive Sentiment: NIO said the DoD listing will not affect its business operations or the trading of its securities, which may help limit the practical impact on the stock. NIO Inc. Responds to the U.S. Department of Defense “Chinese Military Companies” List
• Neutral Sentiment: Recent coverage also highlighted strong vehicle deliveries, including a 62.3% year-over-year increase in May deliveries, which supports the longer-term growth narrative. Nio Inc (NIO) Deliveries Surge as Fresh Model Hits Market
• Neutral Sentiment: Other articles noted that NIO remains a heavily watched stock, with analysts and traders debating whether the recent move is a buying opportunity. Is Trending Stock NIO Inc. (NIO) a Buy Now?
• Negative Sentiment: The DoD designation could hurt sentiment and create added legal or regulatory overhang even if it does not immediately change NIO’s operations. NIO Inc. Responds to the U.S. Department of Defense “Chinese Military Companies” List

Institutional Trading of NIO

A number of hedge funds have recently bought and sold shares of the business. Insigneo Advisory Services LLC raised its holdings in NIO by 4.4% in the 3rd quarter. Insigneo Advisory Services LLC now owns 43,067 shares of the company’s stock valued at $328,000 after acquiring an additional 1,806 shares during the last quarter. V Square Quantitative Management LLC raised its holdings in NIO by 17.4% in the 1st quarter. V Square Quantitative Management LLC now owns 13,707 shares of the company’s stock valued at $83,000 after acquiring an additional 2,027 shares during the last quarter. Tidal Investments LLC raised its holdings in NIO by 0.9% in the 2nd quarter. Tidal Investments LLC now owns 287,140 shares of the company’s stock valued at $985,000 after acquiring an additional 2,433 shares during the last quarter. TD Waterhouse Canada Inc. raised its holdings in NIO by 11.6% in the 4th quarter. TD Waterhouse Canada Inc. now owns 24,884 shares of the company’s stock valued at $127,000 after acquiring an additional 2,586 shares during the last quarter. Finally, Wealthspire Advisors LLC raised its holdings in NIO by 26.4% in the 4th quarter. Wealthspire Advisors LLC now owns 12,980 shares of the company’s stock valued at $66,000 after acquiring an additional 2,707 shares during the last quarter. Institutional investors and hedge funds own 48.55% of the company’s stock.

About NIO

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.