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NIO (NIO) Stock Price, News & Analysis

-0.01 (-0.19%)
(As of 05/31/2024 08:51 PM ET)
Today's Range
50-Day Range
52-Week Range
63.18 million shs
Average Volume
57.34 million shs
Market Capitalization
$9.27 billion
P/E Ratio
Dividend Yield
Price Target

NIO MarketRank™ Stock Analysis

Analyst Rating
2.00 Rating Score
56.3% Upside
$8.43 Price Target
Short Interest
9.72% of Shares Sold Short
Dividend Strength
News Sentiment
0.30mentions of NIO in the last 14 days
Based on 32 Articles This Week
Insider Trading
Proj. Earnings Growth
From ($1.33) to ($0.88) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.79 out of 5 stars

Auto/Tires/Trucks Sector

42nd out of 82 stocks

Motor Vehicles & Car Bodies Industry

9th out of 26 stocks

NIO stock logo

About NIO Stock (NYSE:NIO)

NIO Inc. is a multinational EV manufacturer and one of China’s top 6 manufacturers. The company was founded in 2014 by Lihong Qin and William Li as NextEV. The company rebranded and relaunched in 2017, however, this time as Nio Inc, and is best known for its revolutionary take on batteries. Nio Inc. is headquartered in Shanghai, the People's Republic of China. The company hit a major milestone in mid-2022 by delivering its 218,000th vehicle.

Nio’s philosophy is Blue Sky Coming. This is referencing a brighter tomorrow brought about by revolutionary technology in EV and battery technology. NIO Inc recognizes batteries are the most expensive part of the EV and that charging is the most restrictive. To combat both problems the company designs its cars so the batteries are easily removable which factors into the long-term plans. NIO Inc is also building out a network of battery-swapping stations that will allow drivers to pull in and swap a dead battery for a fully charged one.

Battery swapping opens the door not only to long-term customer relationships via battery-swapping plans, otherwise known as BaaS or battery-as-a-service but also to the ability to sell cars without a battery which greatly reduces the price point. The company announced the opening of its 1,000th swapping station in China in the summer of 2022 and was on track at the time to begin expanding outside of China. The first location outside of China was opened in Norway.

Nio Inc. is engaged in the design, manufacture, and sale of electric vehicles in the People's Republic of China, the US, and Europe. The company also manufactures electric motors, battery packs, and other components for the global EV market. Along with this, the company announced its intentions to enter the smartphone market in 2022 along with plans to outfit a production facility in Shenzen.

Nio Inc.’s automobiles are built around three key platforms that include a sports car, a line of SUV/crossovers, and a sedan. The EP-9 sports car is the firm's first model and has been in production since 2016. The EC-6 and ES6, ES7, and ES8 are all SUV crossovers with seating from 5 to 7 people. The ET5 and ET7 are 4 and 5-passenger sedans. Upcoming models are the ES3 SUV crossover and the EF9 minivan. Models in development include the ET full-size sedan and the Eve station wagon, a full autonomous compact vehicle.

Yet another way that Nio sets itself apart from the average EV manufacturer is that it is focused on high-performance and smart vehicles. Smart vehicles are a stepping stone on the path to autonomous driving and provide a host of advantages to drivers that include improved maintenance and uptime. Nio also operates a chain of 84 Nio House locations. Nio House locations are artistic attractions in major metropolitan areas that feature social areas, private spaces, libraries, and cafes.


NIO Stock Price History

NIO Stock News Headlines

Li Auto Blows a Tire on EPS Miss and Lowered Guidance. Buy Opp? (NIO)
Li Auto stock may be ready to charge higher after the Chinese EV maker reported a surprise top and bottom line miss on its Q1 2024 earnings report
The Electric Vehicle Market Just Made a Sudden Turn
The wave in electric vehicles has made a sudden turn. The U.S. is looking to support its car manufacturers and protect them from foreign competition to realize the real value these companies carry—no pun intended—under the hood.
The Electric Vehicle Market Just Made a Sudden Turn (NIO)
Tariffs on Chinese EVs may not be as bad as they seem for BYD and NIO, if any thing, they make Tesla's recent dip a more attractive buy today.
Lululemon, NIO, CrowdStrike, and More to Watch
What To Expect in the Markets This Week
NIO Inc. Provides May 2024 Delivery Update
NIO Stock Pops as Wall Street Braces for Record EV Sales
3 EV Penny Stocks to Sell (But One to Buy)
Will Nio Be Worth More Than Tesla by 2050?
Should You Buy NIO Stock Before Earnings Next Week?
NIO (NIO) to Release Earnings on Thursday
Assessing NIO: Insights From 12 Financial Analysts
Should You Buy Nio Stock Before June 6?
See More Headlines
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Company Calendar

Last Earnings
Next Earnings (Confirmed)
Fiscal Year End

Industry, Sector and Symbol

Motor vehicles & car bodies
Year Founded

Price Target and Rating

Average Stock Price Target
High Stock Price Target
Low Stock Price Target
Potential Upside/Downside
Consensus Rating
Rating Score (0-4)
Research Coverage
11 Analysts


Net Income
Pretax Margin


Sales & Book Value

Annual Sales
$7.83 billion
Book Value
$2.11 per share


Outstanding Shares
Free Float
Market Cap
$9.27 billion

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NIO Stock Analysis - Frequently Asked Questions

Should I buy or sell NIO stock right now?

11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for NIO in the last twelve months. There are currently 1 sell rating, 9 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" NIO shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in NIO, but not buy additional shares or sell existing shares.
View NIO analyst ratings
or view top-rated stocks.

What is NIO's stock price target for 2024?

11 Wall Street research analysts have issued twelve-month price targets for NIO's shares. Their NIO share price targets range from $4.00 to $19.20. On average, they anticipate the company's share price to reach $8.43 in the next year. This suggests a possible upside of 56.3% from the stock's current price.
View analysts price targets for NIO
or view top-rated stocks among Wall Street analysts.

How have NIO shares performed in 2024?

NIO's stock was trading at $9.07 on January 1st, 2024. Since then, NIO stock has decreased by 40.6% and is now trading at $5.39.
View the best growth stocks for 2024 here

When is NIO's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, June 6th 2024.
View our NIO earnings forecast

How can I listen to NIO's earnings call?

NIO will be holding an earnings conference call on Thursday, June 6th at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 855-883-1031 with passcode "10039242".

How were NIO's earnings last quarter?

Nio Inc - (NYSE:NIO) announced its earnings results on Tuesday, March, 5th. The company reported ($2.81) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($2.39) by $0.42. The company earned $17.10 billion during the quarter, compared to analyst estimates of $18.16 billion. NIO had a negative trailing twelve-month return on equity of 110.72% and a negative net margin of 38.09%. NIO's revenue for the quarter was up 6.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted ($0.51) earnings per share.

What guidance has NIO issued on next quarter's earnings?

NIO updated its first quarter 2024 earnings guidance on Wednesday, March, 6th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $1.5 billion-$1.6 billion, compared to the consensus revenue estimate of $2.3 billion.

What is William Li's approval rating as NIO's CEO?

29 employees have rated NIO Chief Executive Officer William Li on William Li has an approval rating of 89% among the company's employees.

What other stocks do shareholders of NIO own?

Based on aggregate information from My MarketBeat watchlists, some companies that other NIO investors own include Tesla (TSLA), NVIDIA (NVDA), Alibaba Group (BABA), Advanced Micro Devices (AMD), Netflix (NFLX), Block (SQ), Micron Technology (MU), Intel (INTC), Nikola (NKLA) and Walt Disney (DIS).

When did NIO IPO?

NIO (NIO) raised $1.2 billion in an initial public offering on Wednesday, September 12th 2018. The company issued 160,000,000 shares at a price of $6.25-$8.25 per share. Morgan Stanley, Goldman Sachs (Asia) and J.P. Morgan served as the underwriters for the IPO and BofA Merrill Lynch, Deutsche Bank Securities, Citigroup, Credit Suisse and UBS Investment Bank were co-managers.

Who are NIO's major shareholders?

NIO's stock is owned by a number of retail and institutional investors. Top institutional investors include Baillie Gifford & Co. (1.10%), Portman Square Capital LLP (0.00%), Simplex Trading LLC (0.00%), Jane Street Group LLC (0.00%), IMC Chicago LLC (0.00%) and Sumitomo Mitsui Trust Holdings Inc. (0.20%).

How do I buy shares of NIO?

Shares of NIO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:NIO) was last updated on 6/3/2024 by Staff

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