Should I buy or sell NIO stock right now?

11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for NIO in the last twelve months. There are currently 2 sell ratings, 8 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "reduce" NIO shares. View NIO analyst ratings or view top-rated stocks .

What is NIO's stock price target for 2024?

11 brokerages have issued 12-month price objectives for NIO's shares. Their NIO share price targets range from $4.00 to $19.20. On average, they anticipate the company's stock price to reach $8.43 in the next twelve months. This suggests a possible upside of 117.7% 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 stock has decreased by 57.3% and is now trading at $3.87. 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 Friday, June 14th 2024. View our NIO earnings forecast .

How were NIO's earnings last quarter?

Nio Inc - (NYSE:NIO) announced its quarterly earnings results on Tuesday, March, 5th. The company reported ($2.81) earnings per share for the quarter, missing the consensus estimate of ($2.39) by $0.42. The company earned $17.10 billion during the quarter, compared to analyst estimates of $18.16 billion. NIO had a negative net margin of 38.09% and a negative trailing twelve-month return on equity of 110.72%. NIO's revenue was up 6.5% compared to the same quarter last year. During the same quarter in the prior year, the company earned ($0.51) earnings per share.

What ETFs hold NIO's stock?

ETFs with the largest weight of NIO (NYSE:NIO) stock in their portfolio include Direxion Daily Electric and Autonomous Vehicles Bull 2X Shares (EVAV) , Invesco Golden Dragon China ETF (PGJ) , KraneShares MSCI China Clean Technology Index ETF (KGRN) , Roundhill MEME ETF (MEME) , Invesco MSCI Sustainable Future ETF (ERTH) , SPDR S&P Kensho Smart Mobility ETF (HAIL) , KraneShares MSCI China ESG Leaders Index ETF (KESG) and KraneShares Electric Vehicles and Future Mobility Index ETF (KARS) .

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

NIO issued an update on its first quarter 2024 earnings guidance on Wednesday, March, 6th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $1.5 billion-$1.6 billion, compared to the consensus revenue estimate of $2.3 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 (NIO) raised $1.2 billion in an initial public offering on Wednesday, September 12th 2018. The company issued 160,000,000 shares at a price of $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 many different retail and institutional investors. Top institutional investors include Portman Square Capital LLP (0.00%), IMC Chicago LLC (0.00%), Sumitomo Mitsui Trust Holdings Inc. (0.20%), AMF Tjanstepension AB (0.09%), Strategic Planning Group LLC (0.02%) and Banque Cantonale Vaudoise (0.01%).

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 .

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NYSE:NIO

NIO (NIO) Stock Price, News & Analysis

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$3.87

-0.13 (-3.25%)

(As of 11:04 AM ET)

Compare

Today's Range: $3.85
▼
$3.92
50-Day Range: $3.81
▼
$6.19
52-Week Range: $3.71
▼
$16.18

Volume: 11.20 million shs
Average Volume: 55.85 million shs
Market Capitalization: $6.65 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $8.43

Get NIO alerts:

NIO MarketRank™ Stock Analysis

Analyst Rating: Reduce
1.91 Rating Score
Upside/Downside: 117.7% Upside
$8.43 Price Target
Short Interest: Bearish
11.57% of Shares Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.13
Based on 28 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($1.26) to ($0.83) 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.

1.85 out of 5 stars

Auto/Tires/Trucks Sector

53rd out of 77 stocks

Motor Vehicles & Car Bodies Industry

16th out of 26 stocks

4.0

Analyst's Opinion

Consensus Rating
NIO has received a consensus rating of Reduce. The company's average rating score is 1.91, and is based on 1 buy rating, 8 hold ratings, and 2 sell ratings.
Amount of Analyst Coverage
NIO has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.0

Short Interest

Percentage of Shares Shorted
11.57% 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 3.5, 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 16.54%, indicating that investor sentiment is decreasing significantly.

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.

1.7

News and Social Media Coverage

News Sentiment
NIO has a news sentiment score of 0.13. 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 0.40 average news sentiment score of Auto/Tires/Trucks companies.
News Coverage This Week
MarketBeat has tracked 28 news articles for NIO this week, compared to 24 articles on an average week.
Search Interest
Only 309 people have searched for NIO on MarketBeat in the last 30 days. This is a decrease of -16% compared to the previous 30 days.
MarketBeat Follows
Only 90 people have added NIO to their MarketBeat watchlist in the last 30 days. This is a decrease of -13% 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
48.55% 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 ($1.26) to ($0.83) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of NIO is -2.21, 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 -2.21, 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 1.83. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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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

March 23, 2024 | marketbeat.com

MarketBeat Week in Review – 3/18 – 3/22 (NIO)

Investors took a breather after the Fed-induced rally and before a shortened trading week that will include plenty of economic reports that could move markets

March 21, 2024 | marketbeat.com

Nio Stock Price Is On Track for Penny-Stock Status

Despite increased deliveries and a growth outlook, Nio's stock is in a downtrend. Profits are the problem; they aren't coming soon, and new lows are expected.

April 19, 2024 | Gold Safe Exchange (Ad)

The “Perfect Storm” for Gold

Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.

March 21, 2024 | marketbeat.com

Nio Stock Price Is On Track for Penny-Stock Status

Nio Inc. NYSE: NIO stock price has trended steadily lower since the EV bubble burst, and it is on track to set new lows. The latest earnings release reveals the continued dominance of the Chinese EV market at the cost of investor value.

March 19, 2024 | marketbeat.com

Growing Twice as Fast as Tesla, XPeng is a Buy (NIO)

Can XPeng stock lead the way this time? Wall Street analysts and institutions believe it will, right on time for a potential earnings beat this week.

March 19, 2024 | marketbeat.com

EV Stocks Stall, What About NIO?

Electric vehicle (EV) makers have been seeing their stocks get demolished in the Auto/Tires/Trucks sector. As the hype has retreated and reality set in.

March 19, 2024 | marketbeat.com

EV Stocks Stall, What About NIO?

Electric vehicle (EV) makers have been seeing their stocks get demolished in the Auto/Tires/Trucks sector. As the hype has retreated and reality set in.

April 18, 2024 | investorplace.com

NIO Stock: GM Joint Venture Just Plugged Into the Nio Charging Network

April 19, 2024 | Gold Safe Exchange (Ad)

The “Perfect Storm” for Gold

Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.

April 17, 2024 | msn.com

Nio, XPeng, Baidu Are Trading Near 52-Week Lows: Which Chinese Stock Has More Upside?

April 17, 2024 | fool.com

Nio Stock Has 33% Upside, According to 1 Wall Street Analyst

April 17, 2024 | fool.com

Nio Stock Has 33% Upside, According to 1 Wall Street Analyst

April 16, 2024 | seekingalpha.com

NIO: In Search Of A Bottom

April 16, 2024 | investorplace.com

Why Investors Should Avoid Nio Stock at All Costs in 2024

April 16, 2024 | fool.com

Why Is Nio Stock Crashing?

April 16, 2024 | americanbankingnews.com

NIO (NYSE:NIO) Receives New Coverage from Analysts at Macquarie

April 15, 2024 | investorplace.com

NIO Stock: CEO William Li Calls for U.S. Openness to Chinese EVs

April 15, 2024 | msn.com

Why Tesla Rival Nio Is Up Over 1% Premarket Today

April 15, 2024 | investorplace.com

NIO Stock Plunges 50%: Is It Time to Sell or Buy the Dip?

April 14, 2024 | americanbankingnews.com

NIO (NYSE:NIO) Stock Price Down 7.4%

April 14, 2024 | americanbankingnews.com

NIO (NYSE:NIO) Reaches New 12-Month Low at $4.16

April 13, 2024 | reuters.com

China EV maker Nio urges openness in US speech amid tensions

April 13, 2024 | msn.com

NIO stock has crashed! Here’s why I still wouldn’t touch it with a bargepole

April 13, 2024 | seekingalpha.com

NIO Stock: Nothing Is Over

April 13, 2024 | finance.yahoo.com

NIO Inc.: Nio Earnings: Revenue in Line but Vehicle Margin Missed; Near-Term Pricing Pressure Remains

April 12, 2024 | investorplace.com

Why Do Politicians Want to Ban Chinese Electric Vehicles? And What Does This Mean for EV Stocks?

April 12, 2024 | benzinga.com

What's Going On With Chinese EV-Maker Nio's Stock?

See More Headlines

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Company Calendar

Last Earnings: 3/05/2024
Today: 4/19/2024
Next Earnings (Estimated): 6/14/2024
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: 32,820
Year Founded: 2014

Price Target and Rating

Average Stock Price Target: $8.43
High Stock Price Target: $19.20
Low Stock Price Target: $4.00
Potential Upside/Downside: +117.7%
Consensus Rating: Reduce
Rating Score (0-4): 1.91
Research Coverage: 11 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($1.75)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-2,935,790,000.00
Net Margins: -38.09%
Pretax Margin: -36.78%
Return on Equity: -110.72%
Return on Assets: -21.32%

Debt

Debt-to-Equity Ratio: 0.51
Current Ratio: 1.22
Quick Ratio: 1.13

Sales & Book Value

Annual Sales: $7.83 billion
Price / Sales: 0.85
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $2.11 per share
Price / Book: 1.83

Miscellaneous

Outstanding Shares: 1,719,110,000
Free Float: 1,701,915,000
Market Cap: $6.65 billion
Optionable: Optionable
Beta: 1.93

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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?: 11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for NIO in the last twelve months. There are currently 2 sell ratings, 8 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "reduce" NIO shares.
View NIO analyst ratings or view top-rated stocks.
What is NIO's stock price target for 2024?: 11 brokerages have issued 12-month price objectives for NIO's shares. Their NIO share price targets range from $4.00 to $19.20. On average, they anticipate the company's stock price to reach $8.43 in the next twelve months. This suggests a possible upside of 117.7% 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 stock has decreased by 57.3% and is now trading at $3.87.
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 Friday, June 14th 2024.
View our NIO earnings forecast.
How were NIO's earnings last quarter?: Nio Inc - (NYSE:NIO) announced its quarterly earnings results on Tuesday, March, 5th. The company reported ($2.81) earnings per share for the quarter, missing the consensus estimate of ($2.39) by $0.42. The company earned $17.10 billion during the quarter, compared to analyst estimates of $18.16 billion. NIO had a negative net margin of 38.09% and a negative trailing twelve-month return on equity of 110.72%. NIO's revenue was up 6.5% compared to the same quarter last year. During the same quarter in the prior year, the company earned ($0.51) earnings per share.
What ETFs hold NIO's stock?: ETFs with the largest weight of NIO (NYSE:NIO) stock in their portfolio include Direxion Daily Electric and Autonomous Vehicles Bull 2X Shares (EVAV), Invesco Golden Dragon China ETF (PGJ), KraneShares MSCI China Clean Technology Index ETF (KGRN), Roundhill MEME ETF (MEME), Invesco MSCI Sustainable Future ETF (ERTH), SPDR S&P Kensho Smart Mobility ETF (HAIL), KraneShares MSCI China ESG Leaders Index ETF (KESG) and KraneShares Electric Vehicles and Future Mobility Index ETF (KARS).

What guidance has NIO issued on next quarter's earnings?: NIO issued an update on its first quarter 2024 earnings guidance on Wednesday, March, 6th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $1.5 billion-$1.6 billion, compared to the consensus revenue estimate of $2.3 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 (NIO) raised $1.2 billion in an initial public offering on Wednesday, September 12th 2018. The company issued 160,000,000 shares at a price of $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 many different retail and institutional investors. Top institutional investors include Portman Square Capital LLP (0.00%), IMC Chicago LLC (0.00%), Sumitomo Mitsui Trust Holdings Inc. (0.20%), AMF Tjanstepension AB (0.09%), Strategic Planning Group LLC (0.02%) and Banque Cantonale Vaudoise (0.01%).
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 4/19/2024 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^™