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

NIO (NYSE:NIO) released 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 return on equity of 113.83% and a negative net margin of 33.41%. The company had revenue of $2.70 billion for the quarter, compared to analyst estimates of $20.19 billion. During the same period in the previous year, the firm earned ($2.81) earnings per share. The company’s revenue for the quarter was up 15.2% compared to the same quarter last year. NIO updated its Q1 2025 guidance to EPS.

NIO Price Performance

NIO stock traded down $0.21 on Friday, reaching $4.51. The company’s stock had a trading volume of 82,569,065 shares, compared to its average volume of 55,261,448. The business’s fifty day moving average price is $4.43 and its 200 day moving average price is $4.86. NIO has a twelve month low of $3.61 and a twelve month high of $7.71. The company has a debt-to-equity ratio of 0.98, a quick ratio of 0.93 and a current ratio of 1.04. The company has a market cap of $9.40 billion, a price-to-earnings ratio of -2.98 and a beta of 1.81.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on NIO shares. Hsbc Global Res lowered shares of NIO from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 7th. HSBC downgraded NIO from a “buy” rating to a “hold” rating in a research report on Tuesday, January 7th. JPMorgan Chase & Co. downgraded shares of NIO from an “overweight” rating to a “neutral” rating and decreased their price objective for the stock from $7.00 to $4.70 in a research note on Tuesday, February 4th. Finally, The Goldman Sachs Group cut shares of NIO from a “neutral” rating to a “sell” rating and reduced their target price for the stock from $4.80 to $3.90 in a research report on Monday, November 25th. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, NIO has an average rating of “Hold” and an average target price of $5.03.

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.