NIO Inc. $NIO Stock Holdings Lessened by Neuberger Berman Group LLC

Neuberger Berman Group LLC lessened its stake in shares of NIO Inc. (NYSE:NIO) by 15.7% in the second quarter, according to its most recent filing with the SEC. The fund owned 80,043 shares of the company’s stock after selling 14,876 shares during the period. Neuberger Berman Group LLC’s holdings in NIO were worth $275,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of NIO. Kingstone Capital Partners Texas LLC acquired a new stake in NIO during the 2nd quarter worth about $12,315,000. Hsbc Holdings PLC boosted its holdings in shares of NIO by 96.6% in the first 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 period. American Century Companies Inc. increased its position in shares of NIO by 18.0% in the first 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 in the last quarter. Accuvest Global Advisors acquired a new stake in shares of NIO during the first quarter valued at approximately $331,000. Finally, Vontobel Holding Ltd. lifted its position in shares of NIO by 125.2% in the 2nd quarter. Vontobel Holding Ltd. now owns 1,094,398 shares of the company’s stock valued at $3,754,000 after acquiring an additional 608,377 shares in the last quarter. 48.55% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on NIO. Bank of America raised their price objective on shares of NIO from $5.00 to $7.10 and gave the stock a “neutral” rating in a research note on Wednesday, September 3rd. Macquarie set a $5.30 target price on NIO in a report on Tuesday. JPMorgan Chase & Co. upgraded NIO from a “neutral” rating to an “overweight” rating and lifted their price target for the company from $4.80 to $8.00 in a report on Tuesday, August 26th. Mizuho upped their price target on NIO from $6.00 to $7.00 and gave the company a “neutral” rating in a research report on Tuesday, September 23rd. Finally, The Goldman Sachs Group reissued a “neutral” rating and issued a $7.00 price objective on shares of NIO in a research note on Thursday, October 30th. Three analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $6.73.

NIO Trading Up 1.0%

Shares of NYSE:NIO opened at $5.52 on Friday. The firm has a fifty day moving average of $6.79 and a two-hundred day moving average of $5.37. The company has a quick ratio of 0.71, a current ratio of 0.94 and a debt-to-equity ratio of 2.36. NIO Inc. has a 12-month low of $3.02 and a 12-month high of $8.02. The firm has a market capitalization of $11.51 billion, a P/E ratio of -3.80 and a beta of 1.46.

NIO (NYSE:NIO) last announced its quarterly earnings data on Tuesday, September 2nd. The company reported ($0.32) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.30) by ($0.02). The firm had revenue of $2.65 billion for the quarter, compared to analysts’ expectations of $20.07 billion. NIO had a negative return on equity of 1,085.61% and a negative net margin of 31.17%.NIO’s revenue was up 9.0% on a year-over-year basis. During the same quarter in the prior year, the business posted ($2.21) earnings per share. NIO has set its Q3 2025 guidance at EPS. On average, equities analysts expect that NIO Inc. will post -1.43 EPS for the current fiscal year.

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.