NIO (NYSE:NIO) Shares Down 4.3% After Analyst Downgrade

NIO Inc. (NYSE:NIO) fell 4.3% during trading on Tuesday after UBS Group downgraded the stock from a buy rating to a neutral rating. The stock traded as low as $5.38 and last traded at $5.5050. 87,919,925 shares changed hands during trading, an increase of 48% from the average session volume of 59,593,195 shares. The stock had previously closed at $5.75.

Several other brokerages also recently commented on NIO. Wall Street Zen raised shares of NIO from a “strong sell” rating to a “hold” rating in a research report on Monday, September 8th. Weiss Ratings reissued a “sell (e+)” rating on shares of NIO in a research note on Wednesday, October 8th. Mizuho raised their price target on shares of NIO from $6.00 to $7.00 and gave the stock a “neutral” rating in a report on Tuesday, September 23rd. Macquarie downgraded shares of NIO from an “outperform” rating to a “neutral” rating in a research note on Tuesday. Finally, The Goldman Sachs Group reissued a “neutral” rating and set a $7.00 price objective on shares of NIO in a research report on Thursday, October 30th. Three equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $7.03.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. Cerity Partners LLC grew its holdings in shares of NIO by 38.0% during the first quarter. Cerity Partners LLC now owns 18,999 shares of the company’s stock valued at $72,000 after buying an additional 5,234 shares during the last quarter. Private Advisor Group LLC raised its holdings in shares of NIO by 4.6% in the 1st quarter. Private Advisor Group LLC now owns 79,500 shares of the company’s stock worth $303,000 after acquiring an additional 3,527 shares during the last quarter. Avantax Advisory Services Inc. lifted its position in NIO by 16.3% in the 1st quarter. Avantax Advisory Services Inc. now owns 37,943 shares of the company’s stock valued at $145,000 after acquiring an additional 5,306 shares in the last quarter. Mackenzie Financial Corp bought a new position in NIO in the 1st quarter valued at about $61,000. Finally, Baader Bank Aktiengesellschaft acquired a new position in NIO during the 1st quarter valued at about $293,000. Institutional investors and hedge funds own 48.55% of the company’s stock.

NIO Stock Performance

The business has a 50 day simple moving average of $6.94 and a 200-day simple moving average of $5.34. The firm has a market cap of $11.49 billion, a price-to-earnings ratio of -3.44 and a beta of 1.46.

NIO (NYSE:NIO) last issued its quarterly earnings data on Tuesday, September 2nd. The company reported ($0.32) EPS for the quarter, missing the consensus estimate of ($0.30) by ($0.02). The company had revenue of $2.65 billion during the quarter, compared to analysts’ expectations of $20.07 billion. NIO had a negative return on equity of 589.46% and a negative net margin of 34.71%.The business’s revenue for the quarter was up 9.0% compared to the same quarter last year. During the same period last year, the company earned ($2.21) earnings per share. NIO has set its Q3 2025 guidance at EPS. As a group, research analysts anticipate that NIO Inc. will post -1.43 earnings per share for the current year.

About NIO

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.