NIO (NYSE:NIO) Announces Earnings Results

NIO (NYSE:NIO) released its earnings results on Friday. The company reported ($0.47) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.33) by ($0.14), Zacks reports. NIO had a negative net margin of 33.41% and a negative return on equity of 113.83%. The business had revenue of $2.70 billion during the quarter, compared to the consensus estimate of $20.19 billion. During the same quarter in the prior year, the firm earned ($2.81) EPS. The business’s revenue was up 15.2% on a year-over-year basis. NIO updated its Q1 2025 guidance to EPS.

NIO Trading Down 4.4 %

Shares of NIO stock traded down $0.21 during midday trading on Friday, reaching $4.51. The company had a trading volume of 82,569,065 shares, compared to its average volume of 55,261,448. NIO has a fifty-two week low of $3.61 and a fifty-two week high of $7.71. The company has a debt-to-equity ratio of 0.98, a current ratio of 1.04 and a quick ratio of 0.93. The stock has a fifty day moving average price of $4.43 and a 200 day moving average price of $4.86. The firm has a market cap of $9.40 billion, a PE ratio of -2.98 and a beta of 1.81.

Analysts Set New Price Targets

NIO has been the topic of a number of recent research reports. JPMorgan Chase & Co. lowered NIO from an “overweight” rating to a “neutral” rating and cut their price target for the company from $7.00 to $4.70 in a research note on Tuesday, February 4th. HSBC lowered NIO from a “buy” rating to a “hold” rating in a research note on Tuesday, January 7th. The Goldman Sachs Group lowered NIO from a “neutral” rating to a “sell” rating and cut their price target for the company from $4.80 to $3.90 in a research note on Monday, November 25th. Finally, Hsbc Global Res lowered NIO from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, January 7th. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating, one has given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $5.03.

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.