NIO (NYSE:NIO) Issues Quarterly Earnings Results

NIO (NYSE:NIO - Get Free Report) issued its earnings results on Friday. The company reported ($0.47) EPS 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 firm had revenue of $2.70 billion during the quarter, compared to the consensus estimate of $20.19 billion. During the same period in the previous year, the company posted ($2.81) EPS. The firm's revenue for the quarter was up 15.2% on a year-over-year basis. NIO updated its Q1 2025 guidance to EPS.

NIO Stock Down 2.8 %

NIO stock traded down $0.13 during mid-day trading on Monday, reaching $4.38. The company had a trading volume of 40,275,585 shares, compared to its average volume of 55,306,191. NIO has a 52 week low of $3.61 and a 52 week high of $7.71. The company has a market capitalization of $9.13 billion, a price-to-earnings ratio of -2.90 and a beta of 1.81. The company has a debt-to-equity ratio of 0.98, a current ratio of 1.04 and a quick ratio of 0.93. The stock has a 50 day simple moving average of $4.43 and a two-hundred day simple moving average of $4.87.

Wall Street Analyst Weigh In

Several research firms have weighed in on NIO. Hsbc Global Res lowered NIO from a "strong-buy" rating to a "hold" rating in a report on Tuesday, January 7th. Citigroup cut their price objective on NIO from $8.90 to $8.10 and set a "buy" rating on the stock in a report on Monday. HSBC downgraded shares of NIO from a "buy" rating to a "hold" rating in a report on Tuesday, January 7th. Mizuho reduced their price target on shares of NIO from $5.00 to $4.20 and set a "neutral" rating for the company in a report on Monday. Finally, JPMorgan Chase & Co. lowered shares of NIO from an "overweight" rating to a "neutral" rating and dropped their price objective for the stock from $7.00 to $4.70 in a report on Tuesday, February 4th. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, NIO presently has a consensus rating of "Hold" and an average price target of $5.00.

Remove Ads

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.