Zacks Research Has Negative Forecast for NIO FY2027 Earnings

Nio Inc – (NYSE:NIO) – Research analysts at Zacks Research decreased their FY2027 earnings per share (EPS) estimates for NIO in a research report issued on Thursday, April 24th. Zacks Research analyst L. Shahu now forecasts that the company will post earnings per share of $0.20 for the year, down from their previous forecast of $0.21. The consensus estimate for NIO’s current full-year earnings is ($1.43) per share.

Other research analysts also recently issued reports about the company. Mizuho lowered their price target on NIO from $4.20 to $3.50 and set a “neutral” rating on the stock in a report on Thursday, April 10th. JPMorgan Chase & Co. downgraded shares of NIO from an “overweight” rating to a “neutral” rating and dropped their price target for the company from $7.00 to $4.70 in a report on Tuesday, February 4th. Citigroup reiterated a “buy” rating on shares of NIO in a research note on Monday. HSBC downgraded shares of NIO from a “buy” rating to a “hold” rating in a research report on Tuesday, January 7th. Finally, Hsbc Global Res downgraded shares of NIO from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 7th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating, one has issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $5.05.

NIO Stock Performance

NIO stock opened at $4.23 on Monday. The stock has a market capitalization of $8.83 billion, a PE ratio of -2.80 and a beta of 1.74. The stock’s 50 day simple moving average is $4.12 and its 200 day simple moving average is $4.45. NIO has a 12-month low of $3.02 and a 12-month high of $7.71. The company has a current ratio of 1.04, a quick ratio of 0.93 and a debt-to-equity ratio of 0.98.

NIO (NYSE:NIO) last released its quarterly earnings results on Friday, March 21st. The company reported ($0.47) earnings per share for the quarter, missing the consensus estimate of ($0.33) by ($0.14). The firm had revenue of $2.70 billion for the quarter, compared to the consensus estimate of $20.19 billion. NIO had a negative net margin of 33.41% and a negative return on equity of 113.83%. The company’s revenue for the quarter was up 15.2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned ($2.81) earnings per share.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the stock. SG Americas Securities LLC raised its stake in NIO by 83.3% during the 1st quarter. SG Americas Securities LLC now owns 2,109,761 shares of the company’s stock worth $8,038,000 after acquiring an additional 958,750 shares during the period. Trexquant Investment LP purchased a new position in shares of NIO during the 4th quarter valued at $3,305,000. Raymond James Financial Inc. bought a new position in NIO in the 4th quarter worth $1,776,000. XY Capital Ltd purchased a new stake in NIO in the 4th quarter worth $1,544,000. Finally, AI Squared Management Ltd bought a new stake in NIO during the 4th quarter valued at approximately $1,491,000. Institutional investors own 48.55% of the company’s stock.

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.