Analysts Set NIO Inc. (NYSE:NIO) Price Target at $6.35

Shares of NIO Inc. (NYSE:NIO) have been assigned an average rating of “Hold” from the thirteen brokerages that are currently covering the firm, Marketbeat.com reports. Two equities research analysts have rated the stock with a sell recommendation, seven have issued a hold recommendation and four have issued a buy recommendation on the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is $6.75.

NIO has been the topic of a number of research reports. UBS Group raised NIO from a “neutral” rating to a “buy” rating and raised their price target for the stock from $6.20 to $8.50 in a report on Tuesday, September 16th. The Goldman Sachs Group reissued a “neutral” rating and set a $7.00 price target on shares of NIO in a report on Thursday. Mizuho raised their price target on NIO from $6.00 to $7.00 and gave the stock a “neutral” rating in a report on Tuesday, September 23rd. JPMorgan Chase & Co. raised NIO from a “neutral” rating to an “overweight” rating and raised their price target for the stock from $4.80 to $8.00 in a report on Tuesday, August 26th. Finally, Morgan Stanley reissued a “buy” rating on shares of NIO in a report on Monday, July 14th.

Institutional Investors Weigh In On NIO

Institutional investors have recently added to or reduced their stakes in the business. Farther Finance Advisors LLC boosted its holdings in NIO by 148.3% in the 3rd quarter. Farther Finance Advisors LLC now owns 4,817 shares of the company’s stock valued at $37,000 after purchasing an additional 2,877 shares in the last quarter. Concurrent Investment Advisors LLC purchased a new stake in NIO in the 3rd quarter valued at approximately $77,000. Xponance Inc. purchased a new stake in NIO in the 1st quarter valued at approximately $39,000. Blueshift Asset Management LLC purchased a new stake in NIO in the 1st quarter valued at approximately $43,000. Finally, Evergreen Capital Management LLC purchased a new stake in NIO in the 3rd quarter valued at approximately $86,000. Hedge funds and other institutional investors own 48.55% of the company’s stock.

NIO Stock Up 3.4%

NYSE NIO opened at $7.25 on Monday. NIO has a 52-week low of $3.02 and a 52-week high of $8.02. The business’s 50-day moving average price is $6.89 and its 200 day moving average price is $5.04. The firm has a market cap of $15.12 billion, a P/E ratio of -4.53 and a beta of 1.30.

NIO (NYSE:NIO) last released its quarterly earnings results on Tuesday, September 2nd. The company reported ($0.32) earnings per share (EPS) 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 analysts’ expectations of $20.07 billion. During the same period in the prior year, the business earned ($2.21) EPS. The business’s quarterly revenue was up 9.0% compared to the same quarter last year. NIO has set its Q3 2025 guidance at EPS. As a group, analysts anticipate that NIO will post -1.43 earnings per share for the current 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.