Bank of Montreal Can Increases Position in NIO Inc. $NIO

Bank of Montreal Can boosted its position in NIO Inc. (NYSE:NIO) by 5.9% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 256,916 shares of the company’s stock after acquiring an additional 14,231 shares during the period. Bank of Montreal Can’s holdings in NIO were worth $881,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Xponance Inc. acquired a new stake in shares of NIO during the first quarter worth $39,000. Blueshift Asset Management LLC purchased a new position in NIO during the first quarter worth about $43,000. SeaCrest Wealth Management LLC purchased a new position in NIO during the second quarter worth about $56,000. Brooklyn Investment Group boosted its stake in NIO by 4,297.2% in the 1st quarter. Brooklyn Investment Group now owns 15,434 shares of the company’s stock worth $59,000 after buying an additional 15,083 shares during the last quarter. Finally, Mackenzie Financial Corp acquired a new position in shares of NIO during the 1st quarter valued at about $61,000. 48.55% of the stock is currently owned by institutional investors and hedge funds.

NIO Stock Down 1.4%

NIO opened at $6.16 on Friday. NIO Inc. has a 52-week low of $3.02 and a 52-week high of $8.02. The company has a 50 day moving average of $6.98 and a two-hundred day moving average of $5.26. The company has a market cap of $12.85 billion, a P/E ratio of -3.85 and a beta of 1.46.

NIO (NYSE:NIO) last posted its earnings results on Tuesday, September 2nd. The company reported ($0.32) earnings per share for the quarter, missing the consensus estimate 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 analyst estimates of $20.07 billion. During the same quarter in the previous year, the firm posted ($2.21) EPS. The business’s revenue was up 9.0% compared to the same quarter last year. NIO has set its Q3 2025 guidance at EPS. Research analysts anticipate that NIO Inc. will post -1.43 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on NIO. Weiss Ratings reissued a “sell (e+)” rating on shares of NIO in a research report on Wednesday, October 8th. Citigroup lifted their price target on shares of NIO from $8.10 to $8.60 and gave the company a “buy” rating in a report on Tuesday, September 23rd. Wall Street Zen raised shares of NIO from a “strong sell” rating to a “hold” rating in a research note on Monday, September 8th. UBS Group raised NIO from a “neutral” rating to a “buy” rating and increased their target price for the stock from $6.20 to $8.50 in a research report on Tuesday, September 16th. Finally, JPMorgan Chase & Co. upgraded NIO from a “neutral” rating to an “overweight” rating and lifted their target price for the company from $4.80 to $8.00 in a report on Tuesday, August 26th. 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. According to data from MarketBeat.com, NIO has a consensus rating of “Hold” and a consensus price target of $6.75.

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.