NIO (NYSE:NIO) Rating Lowered to Neutral at Macquarie

NIO (NYSE:NIO) was downgraded by analysts at Macquarie from an “outperform” rating to a “neutral” rating in a research report issued on Tuesday, Marketbeat.com reports.

A number of other research analysts have also commented on NIO. Mizuho boosted their price target on shares of NIO from $6.00 to $7.00 and gave the company a “neutral” rating in a research report on Tuesday, September 23rd. Citigroup boosted their target price on NIO from $8.10 to $8.60 and gave the stock a “buy” rating in a research report on Tuesday, September 23rd. Bank of America raised their price target on NIO from $5.00 to $7.10 and gave the company a “neutral” rating in a report on Wednesday, September 3rd. UBS Group raised NIO from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $6.20 to $8.50 in a report on Tuesday, September 16th. Finally, JPMorgan Chase & Co. upgraded shares of NIO from a “neutral” rating to an “overweight” rating and upped their price objective for the stock from $4.80 to $8.00 in a research report on Tuesday, August 26th. Four equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $7.03.

NIO Price Performance

NIO stock traded down $0.25 during mid-day trading on Tuesday, reaching $5.51. 84,935,837 shares of the company traded hands, compared to its average volume of 59,538,754. The company has a fifty day moving average price of $6.94 and a 200-day moving average price of $5.34. NIO has a 52-week low of $3.02 and a 52-week high of $8.02. The company has a market capitalization of $11.49 billion, a P/E ratio of -3.44 and a beta of 1.46.

NIO (NYSE:NIO) last released its quarterly earnings data on Tuesday, September 2nd. The company reported ($0.32) EPS for the quarter, missing analysts’ consensus estimates of ($0.30) by ($0.02). The firm had revenue of $2.65 billion during the quarter, compared to the consensus estimate of $20.07 billion. NIO had a negative net margin of 34.71% and a negative return on equity of 589.46%. NIO’s revenue was up 9.0% compared to the same quarter last year. During the same quarter last year, the business posted ($2.21) earnings per share. NIO has set its Q3 2025 guidance at EPS. As a group, analysts forecast that NIO will post -1.43 EPS for the current year.

Hedge Funds Weigh In On NIO

A number of large investors have recently modified their holdings of the company. Kingstone Capital Partners Texas LLC bought a new stake in shares of NIO in the 2nd quarter worth approximately $12,315,000. Hsbc Holdings PLC lifted its stake in NIO by 96.6% in the first quarter. Hsbc Holdings PLC now owns 1,039,162 shares of the company’s stock worth $3,964,000 after purchasing an additional 510,610 shares during the last quarter. American Century Companies Inc. grew its stake in shares of NIO by 18.0% during the first quarter. American Century Companies Inc. now owns 702,772 shares of the company’s stock valued at $2,678,000 after buying an additional 107,239 shares during the last quarter. Accuvest Global Advisors purchased a new position in shares of NIO in the first quarter worth about $331,000. Finally, Baader Bank Aktiengesellschaft bought a new stake in shares of NIO in the 1st quarter valued at about $293,000. 48.55% of the stock is owned by hedge funds and other institutional investors.

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.