Zacks Research Weighs in on NIO's FY2027 Earnings (NYSE:NIO)

Nio Inc - (NYSE:NIO - Free Report) - Analysts at Zacks Research reduced their FY2027 EPS estimates for shares of NIO in a research report issued to clients and investors on Thursday, April 24th. Zacks Research analyst L. Shahu now forecasts that the company will post earnings of $0.20 per share 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.

Several other analysts have also recently commented on NIO. HSBC cut shares of NIO from a "buy" rating to a "hold" rating in a research note on Tuesday, January 7th. Citigroup reaffirmed a "buy" rating on shares of NIO in a research note on Monday. Hsbc Global Res cut shares of NIO from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, January 7th. JPMorgan Chase & Co. cut shares of NIO from an "overweight" rating to a "neutral" rating and lowered their target price for the stock from $7.00 to $4.70 in a research note on Tuesday, February 4th. Finally, Mizuho lowered their target price on shares of NIO from $4.20 to $3.50 and set a "neutral" rating for the company in a research note on Thursday, April 10th. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating, one has assigned a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of $5.05.

NIO Stock Performance

NYSE:NIO opened at $4.30 on Monday. 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 firm has a market cap of $8.97 billion, a PE ratio of -2.85 and a beta of 1.74. The firm has a 50 day simple moving average of $4.12 and a 200-day simple moving average of $4.45. NIO has a 1-year low of $3.02 and a 1-year high of $7.71.

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

Institutional Trading of NIO

Several institutional investors have recently made changes to their positions in NIO. SG Americas Securities LLC boosted its position 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 purchasing an additional 958,750 shares during the period. Bridgewater Associates LP boosted its position in NIO by 28.6% during the 4th quarter. Bridgewater Associates LP now owns 1,185,674 shares of the company's stock worth $5,170,000 after purchasing an additional 263,338 shares during the period. Swedbank AB boosted its position in NIO by 0.8% during the 4th quarter. Swedbank AB now owns 1,068,110 shares of the company's stock worth $4,657,000 after purchasing an additional 9,000 shares during the period. SIH Partners LLLP boosted its position in NIO by 23.1% during the 4th quarter. SIH Partners LLLP now owns 933,700 shares of the company's stock worth $4,071,000 after purchasing an additional 175,000 shares during the period. Finally, Trexquant Investment LP purchased a new stake in NIO during the 4th quarter worth $3,305,000. 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.

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