Should I buy or sell NIO stock right now?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for NIO in the last year. There are currently 7 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" NIO shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in NIO, but not buy additional shares or sell existing shares. View NIO analyst ratings or view top-rated stocks .

What is NIO's stock price target for 2024?

9 brokers have issued 12 month target prices for NIO's shares. Their NIO share price targets range from $7.50 to $19.20. On average, they anticipate the company's share price to reach $12.75 in the next twelve months. This suggests a possible upside of 119.0% from the stock's current price. View analysts price targets for NIO or view top-rated stocks among Wall Street analysts .

How have NIO shares performed in 2024?

NIO's stock was trading at $9.07 at the beginning of 2024. Since then, NIO shares have decreased by 35.8% and is now trading at $5.82. View the best growth stocks for 2024 here .

When is NIO's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, March 6th 2024. View our NIO earnings forecast .

How were NIO's earnings last quarter?

Nio Inc - (NYSE:NIO) released its earnings results on Tuesday, December, 5th. The company reported ($0.37) EPS for the quarter, beating the consensus estimate of ($0.43) by $0.06. The firm earned $2.61 billion during the quarter, compared to the consensus estimate of $2.63 billion. NIO had a negative trailing twelve-month return on equity of 114.38% and a negative net margin of 39.26%.

What ETFs hold NIO's stock?

ETFs with the largest weight of NIO (NYSE:NIO) stock in their portfolio include KraneShares MSCI China Clean Technology ETF (KGRN) , Direxion Daily Electric and Autonomous Vehicles Bull 2X Shares (EVAV) , Invesco Golden Dragon China ETF (PGJ) , Roundhill MEME ETF (MEME) , Fidelity Electric Vehicles and Future Transportation ETF (FDRV) , KraneShares Electric Vehicles and Future Mobility Index ETF (KARS) , Invesco MSCI Sustainable Future ETF (ERTH) and Global X China Consumer ETF (CHIQ) .

What guidance has NIO issued on next quarter's earnings?

NIO updated its fourth quarter 2023 earnings guidance on Monday, December, 11th. The company provided EPS guidance of for the period. The company issued revenue guidance of $2.2 billion-$2.3 billion, compared to the consensus revenue estimate of $3.0 billion.

What is William Li's approval rating as NIO's CEO?

29 employees have rated NIO Chief Executive Officer William Li on Glassdoor.com . William Li has an approval rating of 89% among the company's employees.

What other stocks do shareholders of NIO own?

Based on aggregate information from My MarketBeat watchlists, some companies that other NIO investors own include Tesla (TSLA) , NVIDIA (NVDA) , Alibaba Group (BABA) , Advanced Micro Devices (AMD) , Netflix (NFLX) , Block (SQ) , Micron Technology (MU) , Intel (INTC) , Nikola (NKLA) and Walt Disney (DIS) .

(NIO) raised $1.2 billion in an initial public offering on Wednesday, September 12th 2018. The company issued 160,000,000 shares at $6.25-$8.25 per share. Morgan Stanley, Goldman Sachs (Asia) and J.P. Morgan served as the underwriters for the IPO and BofA Merrill Lynch, Deutsche Bank Securities, Citigroup, Credit Suisse and UBS Investment Bank were co-managers.

Who are NIO's major shareholders?

NIO's stock is owned by a number of institutional and retail investors. Top institutional investors include Baillie Gifford & Co. (6.67%), Portman Square Capital LLP (0.00%), Wolverine Asset Management LLC (0.00%), Simplex Trading LLC (0.00%), Sumitomo Mitsui Trust Holdings Inc. (0.20%) and Swiss National Bank (0.18%).

How do I buy shares of NIO?

Shares of NIO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

Followed 116 TimesTop Followed

NYSE:NIO

NIO (NIO) Stock Price, News & Analysis

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$5.82

-0.04 (-0.68%)

(As of 02/8/2024 ET)

Compare

Today's Range: $5.72
▼
$5.88
50-Day Range: $5.38
▼
$9.43
52-Week Range: $5.30
▼
$16.18

Volume: 31.82 million shs
Average Volume: 62.92 million shs
Market Capitalization: $10.01 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $12.75

Get NIO alerts:

NIO MarketRank™ Stock Analysis

Analyst Rating: Hold
2.22 Rating Score
Upside/Downside: 119.0% Upside
$12.75 Price Target
Short Interest: Bearish
9.96% of Shares Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.24
Based on 17 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($1.65) to ($0.98) Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.30 out of 5 stars

Auto/Tires/Trucks Sector

67th out of 82 stocks

Motor Vehicles & Car Bodies Industry

19th out of 27 stocks

3.1

Analyst's Opinion

Consensus Rating
NIO has received a consensus rating of Hold. The company's average rating score is 2.22, and is based on 2 buy ratings, 7 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $12.75, NIO has a forecasted upside of 119.0% from its current price of $5.82.
Amount of Analyst Coverage
NIO has only been the subject of 3 research reports in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
9.96% of the outstanding shares of NIO have been sold short.
Short Interest Ratio / Days to Cover
NIO has a short interest ratio ("days to cover") of 3, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in NIO has recently increased by 2.97%, indicating that investor sentiment is decreasing.

0.0

Dividend Strength

Dividend Yield
NIO does not currently pay a dividend.
Dividend Growth
NIO does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for NIO.

2.4

News and Social Media Coverage

News Sentiment
NIO has a news sentiment score of 0.24. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.45 average news sentiment score of Auto/Tires/Trucks companies.
News Coverage This Week
MarketBeat has tracked 17 news articles for NIO this week, compared to 19 articles on an average week.
Search Interest
376 people have searched for NIO on MarketBeat in the last 30 days. This is an increase of 14% compared to the previous 30 days.
MarketBeat Follows
116 people have added NIO to their MarketBeat watchlist in the last 30 days. This is an increase of 115% compared to the previous 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, NIO insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 1.00% of the stock of NIO is held by insiders.
Percentage Held by Institutions
42.32% of the stock of NIO is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Earnings Growth
Earnings for NIO are expected to grow in the coming year, from ($1.65) to ($0.98) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of NIO is -3.22, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of NIO is -3.22, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
NIO has a P/B Ratio of 2.87. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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About NIO Stock (NYSE:NIO)

NIO Inc. is a multinational EV manufacturer and one of China’s top 6 manufacturers. The company was founded in 2014 by Lihong Qin and William Li as NextEV. The company rebranded and relaunched in 2017, however, this time as Nio Inc, and is best known for its revolutionary take on batteries. Nio Inc. is headquartered in Shanghai, the People's Republic of China. The company hit a major milestone in mid-2022 by delivering its 218,000th vehicle.

Nio’s philosophy is Blue Sky Coming. This is referencing a brighter tomorrow brought about by revolutionary technology in EV and battery technology. NIO Inc recognizes batteries are the most expensive part of the EV and that charging is the most restrictive. To combat both problems the company designs its cars so the batteries are easily removable which factors into the long-term plans. NIO Inc is also building out a network of battery-swapping stations that will allow drivers to pull in and swap a dead battery for a fully charged one.

Battery swapping opens the door not only to long-term customer relationships via battery-swapping plans, otherwise known as BaaS or battery-as-a-service but also to the ability to sell cars without a battery which greatly reduces the price point. The company announced the opening of its 1,000th swapping station in China in the summer of 2022 and was on track at the time to begin expanding outside of China. The first location outside of China was opened in Norway.

Nio Inc. is engaged in the design, manufacture, and sale of electric vehicles in the People's Republic of China, the US, and Europe. The company also manufactures electric motors, battery packs, and other components for the global EV market. Along with this, the company announced its intentions to enter the smartphone market in 2022 along with plans to outfit a production facility in Shenzen.

Nio Inc.’s automobiles are built around three key platforms that include a sports car, a line of SUV/crossovers, and a sedan. The EP-9 sports car is the firm's first model and has been in production since 2016. The EC-6 and ES6, ES7, and ES8 are all SUV crossovers with seating from 5 to 7 people. The ET5 and ET7 are 4 and 5-passenger sedans. Upcoming models are the ES3 SUV crossover and the EF9 minivan. Models in development include the ET full-size sedan and the Eve station wagon, a full autonomous compact vehicle.

Yet another way that Nio sets itself apart from the average EV manufacturer is that it is focused on high-performance and smart vehicles. Smart vehicles are a stepping stone on the path to autonomous driving and provide a host of advantages to drivers that include improved maintenance and uptime. Nio also operates a chain of 84 Nio House locations. Nio House locations are artistic attractions in major metropolitan areas that feature social areas, private spaces, libraries, and cafes.

NIO Stock Price History

30 days | 90 days | 365 days | Advanced Chart

NIO Stock News Headlines

January 15, 2024 | marketbeat.com

MarketBeat ‘Stock of the Week’: Lucid a high risk EV penny stock (NIO)

Lucid faces an uphill battle in an increasingly crowded EV market but has superior driving range technology and increased capacity on its side.

February 7, 2024 | msn.com

NIO holds 740 emails and documents linked to cancelled conference it denies organising

February 8, 2024 | Vector Vest (Ad)

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February 7, 2024 | markets.businessinsider.com

NIO Inc. Announces Board Change

February 6, 2024 | msn.com

Nio Stock Is Moving Higher Tuesday: What's Going On?

February 6, 2024 | msn.com

Alibaba’s stock surges ahead of earnings, and Nio’s bounces sharply off four-year low

February 6, 2024 | forbes.com

Will A Lower Cost EV Line Up Help Drive Nio’s Stock Higher After 33% Fall Last Month?

February 5, 2024 | finance.yahoo.com

NIO Capital Completes the Second RMB Fund at Over 3 Billion Yuan

February 8, 2024 | Vector Vest (Ad)

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February 5, 2024 | investorplace.com

NIO Stock: Nio Raises $417 Million in New Tech Fund

February 4, 2024 | ca.finance.yahoo.com

NIO Feb 2024 3.500 put

February 3, 2024 | ca.finance.yahoo.com

NIO Feb 2024 12.000 call

February 3, 2024 | ca.finance.yahoo.com

NIO Feb 2024 11.500 put

February 1, 2024 | finance.yahoo.com

NIO Inc. (NIO) Beats Stock Market Upswing: What Investors Need to Know

February 1, 2024 | investing.com

NIO delivers 10k units in January

February 1, 2024 | markets.businessinsider.com

NIO Stock Pops as January Deliveries Surge 18%

February 1, 2024 | finance.yahoo.com

NIO Inc. Provides January 2024 Delivery Update

February 1, 2024 | finance.yahoo.com

NIO Inc. Announces Completion of the Repurchase Right Offer for Its 0.00% Convertible Senior Notes due 2026

January 31, 2024 | benzinga.com

Unpacking the Latest Options Trading Trends in NIO

January 31, 2024 | finance.yahoo.com

Down -31.24% in 4 Weeks, Here's Why You Should You Buy the Dip in NIO Inc. (NIO)

January 31, 2024 | investorplace.com

NIO Stock Analysis: Is the Risky Chinese EV Maker Worth a Speculative Buy?

January 30, 2024 | seekingalpha.com

NIO: EV Slump Won't Last

January 29, 2024 | msn.com

NIO in Goa launches underwater vehicle, C-bot, to monitor coral reefs

January 28, 2024 | finance.yahoo.com

Baillie Gifford Bolsters Stake in NIO Inc

January 26, 2024 | finance.yahoo.com

Zacks Investment Ideas feature highlights: Tesla, Netflix, Nio, Rivian and Lucid

January 26, 2024 | benzinga.com

Market Whales and Their Recent Bets on NIO Options

January 26, 2024 | msn.com

NIO stock is $6: should I buy now?

See More Headlines

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Company Calendar

Last Earnings: 12/05/2023
Today: 2/08/2024
Next Earnings (Estimated): 3/06/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Auto/Tires/Trucks
Industry: Motor vehicles & car bodies
Sub-Industry: N/A
Current Symbol: NYSE:NIO
CUSIP: 670984103
CIK: 878242
Web: www.nio.io
Phone: 86-21-6908-3306
Fax: N/A
Employees: 26,763
Year Founded: 2014

Price Target and Rating

Average Stock Price Target: $12.75
High Stock Price Target: $19.20
Low Stock Price Target: $7.50
Potential Upside/Downside: +118.6%
Consensus Rating: Hold
Rating Score (0-4): 2.22
Research Coverage: 9 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($1.81)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-2,070,420,000.00
Net Margins: -39.26%
Pretax Margin: -38.49%
Return on Equity: -114.38%
Return on Assets: -22.81%

Debt

Debt-to-Equity Ratio: 0.76
Current Ratio: 1.09
Quick Ratio: 0.97

Sales & Book Value

Annual Sales: $7.14 billion
Price / Sales: 1.40
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $2.03 per share
Price / Book: 2.87

Miscellaneous

Outstanding Shares: 1,719,110,000
Free Float: 1,701,915,000
Market Cap: $10.02 billion
Optionable: Optionable
Beta: 1.98

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Key Executives

Mr. Bin Li (Age 45)
Founder, Chairman & CEO
Mr. Lihong Qin (Age 46)
Pres & Director
Mr. Hsien-Tsong Cheng (Age 60)
Co-Founder & Exec. VP
Mr. Tung-Jung Hsieh (Age 55)
Chief Financial Officer
Jade Wei
Sr. Director of Investor Relations

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

NIO Stock Analysis - Frequently Asked Questions

Should I buy or sell NIO stock right now?: 9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for NIO in the last year. There are currently 7 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" NIO shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in NIO, but not buy additional shares or sell existing shares.
View NIO analyst ratings or view top-rated stocks.
What is NIO's stock price target for 2024?: 9 brokers have issued 12 month target prices for NIO's shares. Their NIO share price targets range from $7.50 to $19.20. On average, they anticipate the company's share price to reach $12.75 in the next twelve months. This suggests a possible upside of 119.0% from the stock's current price.
View analysts price targets for NIO or view top-rated stocks among Wall Street analysts.
How have NIO shares performed in 2024?: NIO's stock was trading at $9.07 at the beginning of 2024. Since then, NIO shares have decreased by 35.8% and is now trading at $5.82.
View the best growth stocks for 2024 here.
When is NIO's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, March 6th 2024.
View our NIO earnings forecast.
How were NIO's earnings last quarter?: Nio Inc - (NYSE:NIO) released its earnings results on Tuesday, December, 5th. The company reported ($0.37) EPS for the quarter, beating the consensus estimate of ($0.43) by $0.06. The firm earned $2.61 billion during the quarter, compared to the consensus estimate of $2.63 billion. NIO had a negative trailing twelve-month return on equity of 114.38% and a negative net margin of 39.26%.
What ETFs hold NIO's stock?: ETFs with the largest weight of NIO (NYSE:NIO) stock in their portfolio include KraneShares MSCI China Clean Technology ETF (KGRN), Direxion Daily Electric and Autonomous Vehicles Bull 2X Shares (EVAV), Invesco Golden Dragon China ETF (PGJ), Roundhill MEME ETF (MEME), Fidelity Electric Vehicles and Future Transportation ETF (FDRV), KraneShares Electric Vehicles and Future Mobility Index ETF (KARS), Invesco MSCI Sustainable Future ETF (ERTH) and Global X China Consumer ETF (CHIQ).

What guidance has NIO issued on next quarter's earnings?: NIO updated its fourth quarter 2023 earnings guidance on Monday, December, 11th. The company provided EPS guidance of for the period. The company issued revenue guidance of $2.2 billion-$2.3 billion, compared to the consensus revenue estimate of $3.0 billion.
What is William Li's approval rating as NIO's CEO?: 29 employees have rated NIO Chief Executive Officer William Li on Glassdoor.com. William Li has an approval rating of 89% among the company's employees.
What other stocks do shareholders of NIO own?: Based on aggregate information from My MarketBeat watchlists, some companies that other NIO investors own include Tesla (TSLA), NVIDIA (NVDA), Alibaba Group (BABA), Advanced Micro Devices (AMD), Netflix (NFLX), Block (SQ), Micron Technology (MU), Intel (INTC), Nikola (NKLA) and Walt Disney (DIS).
When did NIO IPO?: (NIO) raised $1.2 billion in an initial public offering on Wednesday, September 12th 2018. The company issued 160,000,000 shares at $6.25-$8.25 per share. Morgan Stanley, Goldman Sachs (Asia) and J.P. Morgan served as the underwriters for the IPO and BofA Merrill Lynch, Deutsche Bank Securities, Citigroup, Credit Suisse and UBS Investment Bank were co-managers.
Who are NIO's major shareholders?: NIO's stock is owned by a number of institutional and retail investors. Top institutional investors include Baillie Gifford & Co. (6.67%), Portman Square Capital LLP (0.00%), Wolverine Asset Management LLC (0.00%), Simplex Trading LLC (0.00%), Sumitomo Mitsui Trust Holdings Inc. (0.20%) and Swiss National Bank (0.18%).
How do I buy shares of NIO?: Shares of NIO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:NIO) was last updated on 2/8/2024 by MarketBeat.com Staff

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NIO (NIO) Stock Price, News & Analysis

NIO MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About NIO Stock (NYSE:NIO)

NIO Stock Price History

NIO Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Institutional Ownership

NIO Stock Analysis - Frequently Asked Questions

Overall MarketRank^™