NIO Inc. (NIO)
| Market Cap | 10.05B |
| Revenue (ttm) | 7.84B |
| Net Income (ttm) | -2.98B |
| Shares Out | 1.91B |
| EPS (ttm) | -1.72 |
| PE Ratio | n/a |
| Forward PE | 434.78 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 38,510,972 |
| Open | 5.37 |
| Previous Close | 5.33 |
| Day's Range | 5.22 - 5.46 |
| 52-Week Range | 3.61 - 16.18 |
| Beta | 1.91 |
| Analysts | Buy |
| Price Target | 8.33 (+58.37%) |
| Earnings Date | Jun 7, 2024 |
About NIO
NIO Inc. designs, develops, manufactures, and sells smart electric vehicles in China. It offers five and six-seater electric SUVs, as well as smart electric sedans. The company also offers power solutions, including Power Home, a home charging solution; Power Swap, a battery swapping service; Power Charger and Destination Charger; Power Mobile, a mobile charging service through charging vans; Power Map, an application that provides access to a network of public chargers and their real-time information; and One Click for Power valet service. In ... [Read more]
Financial Performance
In 2023, NIO Inc.'s revenue was 55.62 billion, an increase of 12.89% compared to the previous year's 49.27 billion. Losses were -21.15 billion, 45.2% more than in 2022.
Financial numbers in CNY Financial StatementsAnalyst Forecast
According to 12 analysts, the average rating for NIO stock is "Buy." The 12-month stock price forecast is $8.33, which is an increase of 58.37% from the latest price.
News
Nio's stock gains as J.P. Morgan analyst gives two reasons to stop selling
Shares of China-based electric vehicle maker Nio Inc. resumed their rally on Thursday, as J.P. Morgan's Nick Lai recommended investors stop selling — three months after he had turned bearish.
Nio stock price forecast: the comeback could be epic
Nio (NYSE: NIO) stock price has crashed hard this year as the electric vehicle industry has become a toxic wasteland. It has tumbled by over 41.2% this year and by over 92% from its highest level in 2...
Chinese EV startup Nio is changing its global strategy with U.S., EU tariffs on the horizon
Chinese electric car startup Nio is adjusting its approach to global markets in light of geopolitical developments, CEO William Li said Thursday.
China's Nio aims to launch one new car model per year under Onvo brand
Chinese electric vehicle maker Nio said on Thursday it will launch one new car model per year under the Onvo brand and will have a second model targeting larger families coming up next.
Nio's stock dives, even though new U.S. tariffs on China EVs aren't a concern
Shares of Nio Inc. pulled a U-turn to trade sharply lower Wednesday, wiping out the bulk of their gains made in the wake of the Biden administration's new tariffs on electric-vehicle imports from Chin...
Nio unveils affordable electric vehicle
CNBC's Eunice Yoon reports on news from one Chinese automaker.
Tesla's Chinese rival Nio launches a new brand and car that undercuts the Model Y by $4,000
Chinese electric car company Nio revealed Wednesday that the first car for its new, lower-priced brand, Onvo, will be about $4,000 cheaper than Tesla's Model Y.
JPMorgan no longer recommends selling Nio stock
Nio Inc (NYSE: NIO) is pushing further to the upside in premarket on Wednesday after a JPMorgan analyst removed his bear rating from shares of the electric vehicles company.
China's Nio launches Onvo brand to challenge Tesla's best-selling model
Chinese electric vehicle maker Nio on Wednesday launched the first vehicle under its new brand Onvo to be priced at a lower range and which aims to compete with Tesla's Model Y, the world's best-selli...
Nio, Alibaba shares jump as China breakout rally looks set to continue: analyst
U.S.-listed shares of China-based companies were enjoying a broad rally Monday, and J.P. Morgan said their run-up since the start of the year could continue over the next several months despite all th...
Biden May Put Heavier Tariffs on Chinese EVs. 3 Reasons the Stocks Are Gaining.
Companies such as Xpeng, Li Auto, and NIO don't sell cars in the U.S. and aren't likely to soon. An existing 25% tariff is enough to wipe out any potential profits.
Tesla, BYD, Nio Are in Crossfire as Report Says Biden Will Unveil Tariffs on China EVs
President Joe Biden wants to target strategic sectors, while Donald Trump favors across-the-board taxes on imports.
China EV makers under pressure after reports Biden aiming tariffs at the sector
Shares of NIO and Li Auto were falling in premarket trading on Friday, following a report that the U.S. administration plans to roll out fresh tariffs on several Chinese sectors, including electric ve...
Very bad news for Nio, Xpeng, BYD, Li Auto and Tesla stocks
Chinese EV companies, which have come under intense pressure this year, have another issue to contend with. Nio stock price has already crashed by 41% this year while Xpeng (XPEV) and Li Auto (LI) hav...
Tesla, Rivian, And Nio Stock Prices Down As EV Demand Growth Slows
The stock prices of electric vehicle makers Tesla Tesla , Rivian, and Nio are all down this year. While the reasons for the declines are unique to each company, the common theme is a drop in demand.
Chinese EV maker Nio to launch its lower-priced brand Onvo on May 15
Chinese electric car company Nio said Thursday it will launch its lower-priced brand called Onvo on May 15.
Two Chinese EV companies seem to be ganging up on Elon Musk's Tesla
EV company Nio is launching a new affordable EV brand in China. Competitor BYD will reportedly supply batteries for the new range, which will compete with Tesla's Model Y.
Exclusive: China's Nio turns to rival BYD to power new EV brand, sources say
China electric vehicle maker Nio has struck a deal with larger rival BYD to source batteries for an EV brand priced at a lower range that aims to compete with Tesla , three sources with direct knowled...
Nio on track to unveil its first mass-market car in May, executive says
China's premium electric vehicle maker Nio is on track to unveil a new model under a mass-market brand by the end of this month and a second smaller EV to be sold in Europe next year for less than $30...
How interest in electric vehicles has stalled over the last 3 years, in one chart
The promised American switch to electric vehicles from gas-engine cars is hitting speed bumps, and a new survey offers fresh indications of that slowdown.
Nio's April Deliveries Were Solid. Is The Stock Undervalued At $5?
Chinese luxury electric vehicle maker Nio delivered 15,620 vehicles in April, up a solid 134% versus a year ago. Sales were driven in part by the recent launch of the company's 2024 series of vehicles...
Nio Stock Soars On Surge In Deliveries — Still 92% Below 2021 High
The American Depository Receipts of Nio, a Shanghai-based electric vehicle maker, just popped 20%, according to CNBC. Yet the ADRs trade a whopping 92% below their all-time high of $67.
Shares of Nio soar more than 20% as EV deliveries more than double in April
Hong Kong-listed shares of Chinese electric vehicle maker Nio Inc jumped 20% in early trading, after its vehicle deliveries more than doubled in April.
NIO Shares Jump After Strong Sales Amid EV Price War
The Chinese electric-vehicle maker's shares are on track for their largest one-day gain in more than two years.