Zacks Research Has Bearish Forecast for NIO FY2027 Earnings

Nio Inc – (NYSE:NIO) – Analysts at Zacks Research decreased their FY2027 earnings per share estimates for shares of NIO in a report issued on Thursday, April 24th. Zacks Research analyst L. Shahu now expects that the company will post earnings of $0.20 per share for the year, down from their prior forecast of $0.21. The consensus estimate for NIO’s current full-year earnings is ($1.43) per share.

NIO (NYSE:NIO) last posted its quarterly earnings data on Friday, March 21st. The company reported ($0.47) earnings per share for the quarter, missing analysts’ consensus estimates 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 company’s revenue was up 15.2% on a year-over-year basis. During the same quarter last year, the firm earned ($2.81) EPS.

NIO has been the topic of a number of other reports. Hsbc Global Res downgraded shares of NIO from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, January 7th. Cfra Research upgraded NIO to a “hold” rating in a report on Friday, March 21st. Citigroup restated a “buy” rating on shares of NIO in a report on Monday. JPMorgan Chase & Co. cut NIO from an “overweight” rating to a “neutral” rating and lowered their target price for the stock from $7.00 to $4.70 in a report on Tuesday, February 4th. Finally, Mizuho cut their price target on NIO from $4.20 to $3.50 and set a “neutral” rating on the stock in a research note on Thursday, April 10th. One research analyst has rated the stock with a sell rating, eight have given a hold rating, one has issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $5.05.

NIO Stock Performance

NIO stock opened at $4.23 on Monday. The company’s 50-day moving average is $4.12 and its 200 day moving average is $4.45. NIO has a 1-year low of $3.02 and a 1-year 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 firm has a market capitalization of $8.83 billion, a P/E ratio of -2.80 and a beta of 1.74.

Institutional Investors Weigh In On NIO

A number of institutional investors have recently added to or reduced their stakes in NIO. Tidal Investments LLC boosted its holdings in shares of NIO by 2.4% in the 3rd quarter. Tidal Investments LLC now owns 280,140 shares of the company’s stock valued at $1,871,000 after buying an additional 6,545 shares in the last quarter. Garden State Investment Advisory Services LLC acquired a new stake in NIO in the third quarter valued at approximately $374,000. Principal Financial Group Inc. grew its holdings in NIO by 140.2% in the third quarter. Principal Financial Group Inc. now owns 75,100 shares of the company’s stock worth $502,000 after purchasing an additional 43,839 shares during the last quarter. FNY Investment Advisers LLC lifted its holdings in shares of NIO by 352.6% during the 4th quarter. FNY Investment Advisers LLC now owns 145,430 shares of the company’s stock valued at $634,000 after purchasing an additional 113,296 shares during the last quarter. Finally, Sanders Morris Harris LLC acquired a new stake in shares of NIO in the 4th quarter worth $270,000. Institutional investors own 48.55% of the company’s stock.

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.