Working with TipRanks
Follow Us
Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Calendars
Economic Indicators
Calculators
Education
About Us
Working with TipRanks
Follow Us
Nio (NIO)
NYSE:NIO
Nio (NIO) Stock Price & Analysis
47,560 Followers
NIO Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$3.61 - $16.18
Previous Close$4.44
Volume35.41M
Average Volume (3M)51.65M
Market Cap
$8.99B
Enterprise ValueN/A
Total Cash (Recent Filing)¥49.75B
Total Debt (Recent Filing)¥24.63B
Price to Earnings (P/E)―
Beta1.47
Next Earnings
Sep 24, 2024EPS Estimate
-$0.29Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-1.69
Shares Outstanding2,080,563,749
10 Day Avg. Volume36,340,404
30 Day Avg. Volume51,651,880
Standard Deviation0.30
R-Squared0.10
Alpha0.03
Financial Highlights & Ratios
Price to Book (P/B)0.35
Price to Sales (P/S)0.17
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$6.19Price Target Upside36.64% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering12
Nio News
Bulls Say, Bears Say
Bulls Say
Gross MarginManagement expects vehicle gross margin to be in double digits in 2Q24, and further improve to mid-teens in 2H24, driven by higher sales volume, a better product mix, and procurement cost reduction.
Production CapacityCurrent production capacity is 20k units per month, and management expects to expand to 30k units per month with two shifts in the F2 plant.
Sales VolumeNIO targets to deliver 54-56k cars in 2Q24, up 130-138% YoY/80-86% QoQ, and management attributes the higher delivery guidance to upgrading existing models and lowering BaaS prices by 30%.
Bears Say
Financial PerformanceTotal revenue came in at RMB9.9bn, down 9% YoY/down 42% QoQ.
ProfitabilityStill no sign of turning profitable.
TariffsNIO stated that it would be subject to an additional 21% tariff in the EU, and it will likely raise retail prices.
---
Ownership Overview
0.00%
Insiders
4.66% Mutual Funds
7.66% Other Institutional Investors
87.67% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
The estimated number of people who visited one or more of the websites owned by Nio
Desktop Users
Mobile Users
NIO FAQ
What was Nio’s price range in the past 12 months?
Nio lowest stock price was $3.61 and its highest was $16.18 in the past 12 months.
What is Nio’s market cap?
Currently, no data Available
When is Nio’s upcoming earnings report date?
Nio’s upcoming earnings report date is Sep 24, 2024 which is in 83 days.
How were Nio’s earnings last quarter?
Nio released its earnings results on Jun 06, 2024. The company reported -$0.329 earnings per share for the quarter, missing the consensus estimate of -$0.303 by -$0.026.
Is Nio overvalued?
According to Wall Street analysts Nio’s price is currently Undervalued.
Does Nio pay dividends?
Nio does not currently pay dividends.
What is Nio’s EPS estimate?
Nio’s EPS estimate is -$0.29.
How many shares outstanding does Nio have?
Nio has 1,932,063,700 shares outstanding.
What happened to Nio’s price movement after its last earnings report?
Nio reported an EPS of -$0.329 in its last earnings report, missing expectations of -$0.303. Following the earnings report the stock price went down -6.831%.
Which hedge fund is a major shareholder of Nio?
Among the largest hedge funds holding Nio’s share is Bridgewater Associates, LP. It holds Nio’s shares valued at 6M.
---
Nio Stock Smart Score
Unlock Smart Score
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$6.19 (36.64% Upside)
$6.19 (36.64% Upside)
Blogger Sentiment
Bullish
NIO Sentiment 79%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Decreased
By 1.3M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.1%
Last 30 Days ▼ 3.6%
Last 30 Days ▼ 3.6%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-54.17%
12-Months-Change
Fundamentals
Return on Equity
-105.75%
Trailing 12-Months
Asset Growth
10.90%
Trailing 12-Months
Company Description
Nio
Founded in 2014, China-based Nio, Inc. designs, jointly manufactures, and sells smart and connected premium electric vehicles in China, Hong Kong, the U.S., the U.K., and Germany. The company also provides comprehensive value-added services and innovative charging solutions to its users, including Power Home, the home charging solution, Power Swap, the innovative battery swapping service, Power Mobile, the mobile charging service through charging trucks, and Power Express, the 24-hour on-demand pick-up and drop-off charging service.
---
NIO Earnings Call
Q1 2024
0:00 / 0:00
---
NIO Stock 12 Month Forecast
Average Price Target
$6.19
▲(36.64% Upside)
Technical Analysis
Best Analysts Covering NIO
1 Year
1 Year Success Rate
2/22 ratings generated profit
1 Year Average Return
-32.83%
reiterated a buy rating 27 days ago
Copying Jeff Chung's trades and holding each position for 1 Year would result in 9.09% of your transactions generating a profit, with an average return of -32.83% per trade.
---