NIO (NYSE:NIO) Stock Price Up 2.3% – Still a Buy?

Posted by Stanley Muller on Jul 2nd, 2026

Shares of NIO Inc. (NYSE:NIO – Get Free Report) rose 2.3% on Tuesday . The stock traded as high as $5.08 and last traded at $5.0640. 25,975,177 shares changed hands during mid-day trading, a decline of 37% from the average daily volume of 41,054,613 shares. The stock had previously closed at $4.95.

NIO News Roundup

Here are the key news stories impacting NIO this week:

Positive Sentiment: NIO reported 40,597 vehicles delivered in June, up 62.9% year over year, while Q2 deliveries rose 49.4% to 107,658 vehicles, signaling strong demand for its premium EV lineup and newer models. Article Title
Positive Sentiment: Deutsche Bank still sees Q2 non-GAAP breakeven as possible, which suggests investors are watching for signs that higher volume may be starting to support earnings. Article Title
Positive Sentiment: NIO also said its cumulative deliveries reached 1,188,715, and it continues to expand its charging and power-swap network in China, which could support longer-term adoption. Article Title
Neutral Sentiment: Despite the delivery beat, some market commentary says the stock is slipping because investors may be rotating to the upcoming earnings report and want proof that delivery growth is improving profitability, not just sales volume. Article Title
Negative Sentiment: Broader EV sector volatility and reports that other automakers also posted strong deliveries appear to be muting the reaction to NIO’s results, limiting the stock’s upside. Article Title

Wall Street Analysts Forecast Growth

NIO has been the topic of a number of recent research reports. Dbs Bank upgraded NIO from a “hold” rating to a “moderate buy” rating in a research report on Monday, March 16th. Nomura upgraded NIO from a “neutral” rating to a “buy” rating and set a $6.60 target price for the company in a research report on Wednesday, March 11th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of NIO in a research note on Friday, May 1st. HSBC upgraded NIO from a “hold” rating to a “buy” rating and raised their price target for the company from $4.80 to $6.80 in a report on Friday, March 13th. Finally, Bank of America reiterated a “neutral” rating and issued a $6.80 price objective on shares of NIO in a research report on Thursday, May 21st. Seven equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $6.70.

Get Our Latest Analysis on NIO

NIO Stock Performance

The stock has a 50 day moving average price of $5.62 and a two-hundred day moving average price of $5.38. The company has a current ratio of 1.01, a quick ratio of 0.90 and a debt-to-equity ratio of 1.94. The company has a market cap of $11.90 billion, a price-to-earnings ratio of -8.71 and a beta of 0.90.

NIO (NYSE:NIO – Get Free Report) last announced its quarterly earnings data on Saturday, February 14th. The company reported $0.04 EPS for the quarter. The business had revenue of $4.95 billion during the quarter. NIO had a negative return on equity of 318.96% and a negative net margin of 8.78%. Analysts predict that NIO Inc. will post -0.13 EPS for the current year.

Hedge Funds Weigh In On NIO

Several institutional investors have recently modified their holdings of the stock. Aspex Management HK Ltd bought a new stake in shares of NIO in the 3rd quarter valued at about $266,700,000. Renaissance Technologies LLC boosted its stake in NIO by 70.2% during the 1st quarter. Renaissance Technologies LLC now owns 14,452,131 shares of the company’s stock worth $87,146,000 after acquiring an additional 5,962,731 shares during the last quarter. Bank of America Corp DE boosted its stake in NIO by 99.0% during the 1st quarter. Bank of America Corp DE now owns 14,228,916 shares of the company’s stock worth $85,800,000 after acquiring an additional 7,079,903 shares during the last quarter. Voloridge Investment Management LLC grew its holdings in NIO by 14.4% during the fourth quarter. Voloridge Investment Management LLC now owns 13,498,709 shares of the company’s stock valued at $68,843,000 after purchasing an additional 1,694,023 shares during the period. Finally, Ghisallo Capital Management LLC acquired a new position in NIO during the third quarter valued at approximately $91,440,000. 48.55% of the stock is currently owned by institutional investors and hedge funds.

About NIO

(Get Free Report)

NIO Inc is a pioneer in the premium electric vehicle (EV) segment, dedicated to the design, development and manufacture of smart, high-performance EVs. Established in November 2014 and headquartered in Shanghai, China, the company focuses on integrating cutting-edge electric propulsion, advanced connectivity and autonomous driving technologies into its automotive platforms. NIO’s vision centers on creating a holistic user experience that extends beyond the vehicle itself, encompassing energy services and digital solutions.

The company’s product lineup includes flagship SUVs and sedans such as the ES8, ES6, EC6, ET7 and ET5, each engineered to deliver strong performance, long range and a suite of intelligent driver-assistance features.