NIO (NYSE:NIO) Releases Quarterly Earnings Results

NIO (NYSE:NIO) released its quarterly earnings results on Friday. The company reported ($0.47) earnings per share for the quarter, missing the consensus estimate of ($0.33) by ($0.14), Zacks reports. NIO had a negative net margin of 33.41% and a negative return on equity of 113.83%. The business had revenue of $2.70 billion during the quarter, compared to analysts’ expectations of $20.19 billion. During the same period in the previous year, the business earned ($2.81) EPS. The business’s revenue was up 15.2% on a year-over-year basis. NIO updated its Q1 2025 guidance to EPS.

NIO Stock Down 4.4 %

Shares of NYSE NIO traded down $0.21 during mid-day trading on Friday, hitting $4.51. 82,569,065 shares of the stock traded hands, compared to its average volume of 55,261,448. The company has a debt-to-equity ratio of 0.98, a quick ratio of 0.93 and a current ratio of 1.04. NIO has a 52 week low of $3.61 and a 52 week high of $7.71. The company has a market cap of $9.40 billion, a price-to-earnings ratio of -2.98 and a beta of 1.81. The stock has a fifty day moving average price of $4.43 and a 200-day moving average price of $4.86.

Wall Street Analyst Weigh In

A number of equities analysts have commented on NIO shares. JPMorgan Chase & Co. cut NIO from an “overweight” rating to a “neutral” rating and decreased their price target for the stock from $7.00 to $4.70 in a research note on Tuesday, February 4th. Hsbc Global Res cut NIO from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, January 7th. HSBC cut NIO from a “buy” rating to a “hold” rating in a research note on Tuesday, January 7th. Finally, The Goldman Sachs Group lowered NIO from a “neutral” rating to a “sell” rating and cut their price objective for the stock from $4.80 to $3.90 in a research report on Monday, November 25th. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating, one has given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $5.03.

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.