NIO (NYSE:NIO) Stock Price Up 4.3% - Here's What Happened

Market Beat
2025.07.31 21:03
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NIO Inc. (NYSE:NIO) saw its stock price rise by 4.3% to $4.71 during trading, with 38 million shares exchanged. Analysts have mixed views: Morgan Stanley maintains a "buy" rating, while Barclays lowered its price target to $3.00. NIO reported a quarterly EPS of ($0.45), missing estimates, but revenue increased by 21.5% year-over-year. Institutional investors hold 48.55% of the stock. NIO specializes in electric vehicles and related technologies in China.

NIO Inc. (NYSE:NIO - Get Free Report) shot up 4.3% during trading on Thursday . The company traded as high as $4.68 and last traded at $4.71. 38,028,551 shares traded hands during trading, a decline of 25% from the average session volume of 50,466,207 shares. The stock had previously closed at $4.51.

Wall Street Analysts Forecast Growth

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A number of research firms have commented on NIO. Morgan Stanley reaffirmed a "buy" rating on shares of NIO in a report on Monday, July 14th. Barclays reduced their price objective on NIO from $4.00 to $3.00 and set an "underweight" rating for the company in a research report on Wednesday, June 4th. The Goldman Sachs Group raised shares of NIO from a "sell" rating to a "neutral" rating and boosted their price target for the company from $3.70 to $3.80 in a report on Tuesday, June 17th. Mizuho cut their price objective on shares of NIO from $4.00 to $3.50 and set a "neutral" rating on the stock in a research report on Tuesday, June 3rd. Finally, Citigroup restated a "buy" rating on shares of NIO in a research report on Monday, April 28th. One investment analyst has rated the stock with a sell rating, nine have given a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, NIO presently has a consensus rating of "Hold" and an average price target of $4.74.

Check Out Our Latest Stock Analysis on NIO

NIO Stock Up 8.1%

  • 3 Growth Stocks Too Small for Institutions to Buy

The company has a current ratio of 0.84, a quick ratio of 0.69 and a debt-to-equity ratio of 1.89. The firm has a market capitalization of $10.17 billion, a price-to-earnings ratio of -3.01 and a beta of 1.55. The stock has a fifty day moving average of $3.83 and a 200-day moving average of $4.04.

NIO (NYSE:NIO - Get Free Report) last issued its quarterly earnings results on Tuesday, June 3rd. The company reported ($0.45) EPS for the quarter, missing the consensus estimate of ($0.22) by ($0.23). The firm had revenue of $1.66 billion during the quarter, compared to analysts' expectations of $12.46 billion. NIO had a negative net margin of 35.51% and a negative return on equity of 286.45%. The firm's revenue was up 21.5% compared to the same quarter last year. During the same quarter last year, the company posted ($2.39) EPS. As a group, sell-side analysts expect that NIO Inc. will post -1.43 EPS for the current year.

Institutional Investors Weigh In On NIO

  • Is NIO Stock Set for a Comeback? Fundamentals Say Yes

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Xponance Inc. acquired a new position in NIO during the first quarter valued at approximately $39,000. Blueshift Asset Management LLC acquired a new position in NIO in the 1st quarter valued at approximately $43,000. Annex Advisory Services LLC acquired a new stake in NIO during the first quarter worth $47,000. May Hill Capital LLC acquired a new position in NIO in the first quarter worth about $48,000. Finally, Concurrent Investment Advisors LLC acquired a new stake in NIO in the 1st quarter valued at $50,000. 48.55% of the stock is owned by hedge funds and other institutional investors.

About NIO

(Get Free Report)

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.

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