Shares of Nio Inc - (NYSE:NIO - Get Free Report) have been given an average rating of "Hold" by the eleven ratings firms that are presently covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, eight have given a hold recommendation, one has assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is $5.05.XPeng Deliveries Surge 3X in China, Should Tesla Be Worried?A number of brokerages recently issued reports on NIO. Hsbc Global Res lowered NIO from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, January 7th. Citigroup decreased their target price on NIO from $8.90 to $8.10 and set a "buy" rating for the company in a research report on Monday, March 24th. HSBC lowered shares of NIO from a "buy" rating to a "hold" rating in a research note on Tuesday, January 7th. Mizuho reduced their price target on shares of NIO from $4.20 to $3.50 and set a "neutral" rating on the stock in a research note on Thursday. Finally, JPMorgan Chase & Co. cut shares of NIO from an "overweight" rating to a "neutral" rating and lowered their price objective for the company from $7.00 to $4.70 in a research report on Tuesday, February 4th.Read Our Latest Report on NIONIO Trading Up 6.6 %Can NIO Overcome U.S.-China Tariff Headwinds?NIO stock opened at $3.50 on Thursday. NIO has a twelve month low of $3.02 and a twelve month high of $7.71. The stock has a market capitalization of $7.30 billion, a price-to-earnings ratio of -2.32 and a beta of 1.74. The company has a quick ratio of 0.93, a current ratio of 1.04 and a debt-to-equity ratio of 0.98. The firm's fifty day simple moving average is $4.23 and its two-hundred day simple moving average is $4.67. NIO (NYSE:NIO - Get Free Report) last issued its quarterly earnings results on Friday, March 21st. The company reported ($0.47) EPS for the quarter, missing the consensus estimate of ($0.33) by ($0.14). The firm had revenue of $2.70 billion for the quarter, compared to the consensus estimate of $20.19 billion. NIO had a negative net margin of 33.41% and a negative return on equity of 113.83%. The business's revenue for the quarter was up 15.2% on a year-over-year basis. During the same quarter in the previous year, the company posted ($2.81) earnings per share. As a group, analysts anticipate that NIO will post -1.43 earnings per share for the current year. Institutional Investors Weigh In On NIO3 EV Stocks Offering Unique Alternatives to TeslaSeveral large investors have recently modified their holdings of the business. PDS Planning Inc increased its holdings in NIO by 13.0% during the fourth quarter. PDS Planning Inc now owns 22,786 shares of the company's stock valued at $99,000 after buying an additional 2,627 shares during the period. BI Asset Management Fondsmaeglerselskab A S boosted its position in NIO by 25.3% during the 4th quarter. BI Asset Management Fondsmaeglerselskab A S now owns 13,440 shares of the company's stock valued at $59,000 after acquiring an additional 2,712 shares in the last quarter. Franklin Resources Inc. increased its holdings in shares of NIO by 20.4% in the 4th quarter. Franklin Resources Inc. now owns 16,486 shares of the company's stock valued at $72,000 after acquiring an additional 2,788 shares during the period. Perigon Wealth Management LLC raised its position in shares of NIO by 24.1% in the 4th quarter. Perigon Wealth Management LLC now owns 14,769 shares of the company's stock worth $61,000 after acquiring an additional 2,867 shares in the last quarter. Finally, TD Waterhouse Canada Inc. lifted its stake in shares of NIO by 17.0% during the 4th quarter. TD Waterhouse Canada Inc. now owns 21,653 shares of the company's stock worth $94,000 after purchasing an additional 3,152 shares during the last quarter. Institutional investors own 48.55% of the company's stock. NIO Company Profile (Get Free ReportNIO 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.Featured StoriesFive stocks we like better than NIO2 Fintech Stocks to Buy Now and 1 to AvoidRobinhood Strategies Could Be a Game-Changer for Young InvestorsWhat Are Trending Stocks? Trending Stocks ExplainedAre These 3 Retail Stocks Oversold or Really in Trouble?Growth Stocks: What They Are, Examples and How to InvestIONQ & RGTI Join DARPA Quantum Initiative: High Stakes Are AheadThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in NIO Right Now?Before you consider NIO, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and NIO wasn't on the list.While NIO currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here