NIO (NYSE:NIO) Posts Earnings Results, Misses Expectations By $0.14 EPS

NIO (NYSE:NIO - Get Free Report) released its 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. The business had revenue of $2.70 billion for the quarter, compared to the consensus estimate of $20.19 billion. NIO had a negative return on equity of 113.83% and a negative net margin of 33.41%. The firm's revenue for the quarter was up 15.2% compared to the same quarter last year. During the same quarter last year, the business posted ($2.81) earnings per share. NIO updated its Q1 2025 guidance to EPS.

NIO Stock Performance

NYSE:NIO traded down $0.13 during trading hours on Monday, hitting $4.38. 40,275,585 shares of the company were exchanged, compared to its average volume of 55,306,191. The stock 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. NIO has a 52-week low of $3.61 and a 52-week high of $7.71. The company's 50 day moving average price is $4.43 and its 200-day moving average price is $4.87.

Analyst Upgrades and Downgrades

NIO has been the subject of a number of research analyst reports. Mizuho decreased their price objective on shares of NIO from $5.00 to $4.20 and set a "neutral" rating for the company in a report on Monday. Citigroup decreased their price target on shares of NIO from $8.90 to $8.10 and set a "buy" rating for the company in a research note on Monday. JPMorgan Chase & Co. cut 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 research note on Tuesday, February 4th. HSBC lowered NIO from a "buy" rating to a "hold" rating in a research report on Tuesday, January 7th. Finally, Hsbc Global Res lowered NIO from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, January 7th. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating, one has given a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Hold" and a consensus target price of $5.00.

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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.