NIO (NYSE:NIO) Announces Earnings Results, Misses Estimates By $0.14 EPS

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

NIO Stock Down 4.4 %

NIO opened at $4.51 on Friday. The firm’s 50-day simple moving average is $4.43 and its 200-day simple moving average is $4.87. 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 twelve month low of $3.61 and a twelve month high of $7.71. The firm has a market cap of $9.40 billion, a price-to-earnings ratio of -2.98 and a beta of 1.81.

Analysts Set New Price Targets

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

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.