Barclays Issues Positive Forecast for NIO (NYSE:NIO) Stock Price

NIO (NYSE:NIO) had its price objective upped by Barclays from $3.00 to $4.00 in a research note published on Friday morning, Marketbeat Ratings reports. They currently have an underweight rating on the stock.

A number of other equities research analysts have also commented on NIO. Macquarie set a $5.30 target price on NIO in a research report on Tuesday. The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $7.00 price objective on shares of NIO in a report on Thursday, October 30th. Weiss Ratings reissued a “sell (e+)” rating on shares of NIO in a report on Wednesday, October 8th. UBS Group downgraded shares of NIO from a “buy” rating to a “hold” rating in a research report on Tuesday. Finally, JPMorgan Chase & Co. raised NIO from a “neutral” rating to an “overweight” rating and increased their price target for the stock from $4.80 to $8.00 in a research report on Tuesday, August 26th. Three equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $6.73.

NIO Price Performance

NYSE NIO opened at $5.52 on Friday. The company has a market cap of $11.51 billion, a price-to-earnings ratio of -3.80 and a beta of 1.46. The company has a debt-to-equity ratio of 2.36, a current ratio of 0.94 and a quick ratio of 0.71. The stock’s fifty day moving average price is $6.79 and its 200 day moving average price is $5.37. NIO has a 1 year low of $3.02 and a 1 year high of $8.02.

NIO (NYSE:NIO) last posted its quarterly 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). The firm had revenue of $2.65 billion for the quarter, compared to analysts’ expectations of $20.07 billion. NIO had a negative net margin of 31.17% and a negative return on equity of 1,085.61%. The firm’s revenue for the quarter was up 9.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted ($2.21) EPS. NIO has set its Q3 2025 guidance at EPS. As a group, equities research analysts forecast that NIO will post -1.43 earnings per share for the current year.

Hedge Funds Weigh In On NIO

A number of institutional investors and hedge funds have recently made changes to their positions in NIO. Aspex Management HK Ltd acquired a new stake in NIO in the third quarter valued at approximately $266,700,000. WT Asset Management Ltd acquired a new position in NIO during the 3rd quarter worth approximately $142,120,000. Ghisallo Capital Management LLC purchased a new stake in shares of NIO in the 3rd quarter valued at approximately $91,440,000. Voloridge Investment Management LLC purchased a new stake in shares of NIO in the 3rd quarter valued at approximately $89,952,000. Finally, RWC Asset Advisors US LLC acquired a new stake in shares of NIO in the 3rd quarter valued at $79,761,000. 48.55% of the stock is owned by institutional investors and hedge funds.

NIO Company Profile

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.