Weiss Ratings Reiterates “Sell (E+)” Rating for NIO (NYSE:NIO)

NIO (NYSE:NIO)‘s stock had its “sell (e+)” rating reissued by Weiss Ratings in a report issued on Saturday,Weiss Ratings reports.

NIO has been the topic of several other reports. Morgan Stanley reaffirmed a “buy” rating on shares of NIO in a report on Monday, July 14th. UBS Group raised NIO from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $6.20 to $8.50 in a report on Tuesday, September 16th. Citigroup lifted their target price on NIO from $8.10 to $8.60 and gave the stock a “buy” rating in a report on Tuesday, September 23rd. Wall Street Zen raised NIO from a “strong sell” rating to a “hold” rating in a report on Monday, September 8th. Finally, Bank of America boosted their price objective on NIO from $5.00 to $7.10 and gave the stock a “neutral” rating in a research note on Wednesday, September 3rd. Four research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $6.35.

NIO Stock Up 0.3%

NYSE:NIO opened at $6.91 on Friday. The business’s 50-day simple moving average is $6.72 and its two-hundred day simple moving average is $4.91. The stock has a market cap of $14.42 billion, a PE ratio of -4.32 and a beta of 1.30. NIO has a 52 week low of $3.02 and a 52 week high of $8.02.

NIO (NYSE:NIO) last posted its quarterly earnings results on Tuesday, September 2nd. The company reported ($0.32) EPS for the quarter, missing analysts’ consensus estimates of ($0.30) by ($0.02). NIO had a negative net margin of 34.71% and a negative return on equity of 589.46%. The business had revenue of $2.65 billion for the quarter, compared to the consensus estimate of $20.07 billion. During the same period in the prior year, the business earned ($2.21) earnings per share. NIO’s revenue was up 9.0% compared to the same quarter last year. NIO has set its Q3 2025 guidance at EPS. Sell-side analysts anticipate that NIO will post -1.43 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the business. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in shares of NIO by 3,966.7% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 5,316,291 shares of the company’s stock valued at $20,255,000 after buying an additional 5,185,565 shares during the last quarter. Kingstone Capital Partners Texas LLC purchased a new stake in shares of NIO in the second quarter valued at approximately $12,315,000. Invesco Ltd. boosted its holdings in shares of NIO by 22.7% in the second quarter. Invesco Ltd. now owns 2,738,308 shares of the company’s stock valued at $9,392,000 after purchasing an additional 506,618 shares during the period. Vontobel Holding Ltd. boosted its holdings in shares of NIO by 125.2% in the second quarter. Vontobel Holding Ltd. now owns 1,094,398 shares of the company’s stock valued at $3,754,000 after purchasing an additional 608,377 shares during the period. Finally, 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 valued at $3,964,000 after purchasing an additional 510,610 shares during the period. Institutional investors own 48.55% of the company’s stock.

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.