NIO Inc. (NIO)

NYSE: NIO · Real-Time Price · USD
6.79
+0.02 (0.30%)
At close: Oct 7, 2024, 4:00 PM
6.82
+0.03 (0.44%)
After-hours: Oct 7, 2024, 4:38 PM EDT
0.30%
Market Cap 14.28B
Revenue (ttm) 8.74B
Net Income (ttm) -2.84B
Shares Out 2.10B
EPS (ttm) -1.49
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 77,044,845
Open 6.81
Previous Close 6.77
Day's Range 6.56 - 6.93
52-Week Range 3.61 - 9.57
Beta 1.86
Analysts Buy
Price Target 7.35 (+8.25%)
Earnings Date Dec 3, 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]

IPO Date Sep 12, 2018
Employees 32,820
Stock Exchange NYSE
Ticker Symbol NIO
Full Company Profile

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 Statements

Analyst Forecast

According to 11 analysts, the average rating for NIO stock is "Buy." The 12-month stock price forecast is $7.35, which is an increase of 8.25% from the latest price.

Price Target
$7.35
(8.25% upside)
Analyst Consensus: Buy
Stock Forecasts

News

NIO: Differentiating From Battery As A Service; Initiate With 'Buy'

NIO's Battery as a Service model reduces upfront EV costs, enhances convenience, and eliminates battery lifespan concerns, driving EV sales growth. The ONVO L60 SUV, priced competitively against Tesla...

1 hour ago - Seeking Alpha

Schwab Trading Activity Falls In September Despite Market Strength: Nvidia, Palantir Among Most Sought-After Stocks But These 5 Fell Out Of Favor

September proved to be an unseasonably strong month for the market, with the S&P 500, a measure of broader market performance, ending the month up 2.02%. Trading volume on full-range brokerage service...

Other symbols: NVDAPLTRAMDBABATTSLA
16 hours ago - Benzinga

NIO: May Be Running Out Of Steam, Wait For The Pullback

NIO's mass market model launches have been extremely timely, attributed to the recent introduction of government subsidies/ tax breaks for EV purchases. It is unsurprising then that the automaker has ...

2 days ago - Seeking Alpha

NIO: Moment Of Truth

NIO's September deliveries included 832 units of the new ONVO-branded L60 SUV, indicating strong demand and potential for significant Q4 delivery growth. ONVO-branded deliveries immediately, after onl...

4 days ago - Seeking Alpha

Alibaba, NIO, BYD Stocks Slump as China Rally Pauses

Hong Kong's Hang Seng index ended the Thursday trading session 1.5% lower.

Other symbols: BABA
4 days ago - Barrons

JD.com, Alibaba, NIO Stocks Are Still Soaring. 3 Things That Could Hurt the Rally.

While China is celebrating the Golden Week holiday, the Hang Seng index in Hong Kong is continuing to benefit from the interest-rate cuts announced last week.

Other symbols: BABAJD
5 days ago - Barrons

NIO, XPeng, Li Auto, ZEEKR: Explosive Growth For Chinese EVs

The global EV market's growth has slowed, but Chinese EV companies like NIO, XPeng, Li Auto, and ZEEKR are outperforming with strong sales figures. NIO and XPeng both set monthly sales records in Sept...

Other symbols: LIXPEVZK
5 days ago - Seeking Alpha

Nio's stock keeps surging after EV maker reports new quarterly deliveries record

Stocks of Nio and other China-based EV makers extended their recent sharp gains Tuesday, after they reported record deliveries data.

6 days ago - Market Watch

NIO Inc. Provides September and Third Quarter 2024 Delivery Update

Company Achieved New Record-High Quarterly Deliveries ONVO L60 started deliveries in late September 2024 21,181 vehicles were delivered in September 2024, increasing by 35.4% year-over-year 61,855 veh...

6 days ago - GlobeNewsWire

Nio partners with Monolith for real-time AI EV battery testing

Nio is partnering with UK artificial intelligence software startup Monolith to test and improve electric car battery packs in real-time using the Chinese EV maker's battery swapping service in Europe,...

6 days ago - Reuters

NIO Turned The Corner And The Stock Is Ready To Advance

NIO shares broke out of a long-term downtrend and are poised for significant near-term appreciation due to Chinese market revaluation and a new brand launch. NIO's growth is driven by increasing vehic...

6 days ago - Seeking Alpha

NIO's Revival After Being "Left for Dead"

NIO Inc. (NIO) has found new life following China's economic stimulus rollout and significant investments made into the company. Kevin Green warns enthusiasm on the stock can thin out, but notes short...

7 days ago - Schwab Network

Chinese EV Maker Nio Surges on $1.9 Billion Investment

Nio's (NIO) U.S.-listed shares surged in early trading Monday, after the Chinese electric vehicle maker announced a new investment over the weekend.

7 days ago - Investopedia

Nio's stock soars again after investment deal that could grow to $4.8 billion

Nio's U.S.-listed stock shot up toward another double-digit gain on Monday, after a disclosure of a new big investment and a continued surge in China's stock market fueled the rally.

7 days ago - Market Watch

NIO Stock Surges. The Chinese EV Maker Gets $2 Billion New Investment.

EV shares have had a bumpy year as demand cooled for the vehicles and China's economy struggled.

7 days ago - Barrons

Nio stock price could enter beast mode, thanks to these catalysts

Nio (NYSE: NIO) stock price continued its strong comeback this month, as we had predicted several times, as you can see here and here. It soared to a high of $6.64 on Friday, its highest level since J...

7 days ago - Invezz

NIO Announces RMB3.3 Billion Investment in NIO China from Strategic Investors

SHANGHAI, Sept. 29, 2024 (GLOBE NEWSWIRE) -- NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (“NIO” or the “Company”), a pioneer and a leading company in the global smart electric vehicle market, today ann...

8 days ago - GlobeNewsWire

NIO: The Tide Is Finally Turning

My article examines China's macro environment, highlighting its impact on the financial performance and future prospects of the stock market in general. NIO's financial updates in particular reveal st...

10 days ago - Seeking Alpha

NIO, JD.com, and Alibaba Stocks Rise Again. China Stimulus Is Gift That Keeps on Giving.

A combination of China's easing monetary policy and fiscal support is boosting hopes of stronger growth.

Other symbols: BABAJD
10 days ago - Barrons

US-Listed Chinese Stocks, ETFs Surge on New Stimulus Reports

Chinese shares listed in the U.S. shot up Thursday following reports that Beijing is planning more support measures and also pumping around $140 billion into its largest state lenders to prop up the c...

Other symbols: BABAFXIJDLIMCHIPDD
11 days ago - Investopedia

Nio stock poised for 42% gain on ONVO sales momentum

Nio Inc (NYSE: NIO) opened more than 10% up on Thursday after a JPMorgan analyst issued a super bullish note in its favour. Nick Lai now sees upside in the EV stock to $8.0.

11 days ago - Invezz

NIO: A Bargain At $5

NIO's 2Q24 deliveries surged 91% QoQ and 144% YoY, driven by a refreshed EV line-up and strong Chinese demand, boosting investor confidence. Margins improved to 12.2%, up 300 basis points QoQ and 600 ...

12 days ago - Seeking Alpha

China-Focused ETFs, Stocks Boosted by Beijing's Big Stimulus Package

China-focused exchange-traded funds (ETFs) and stocks of Chinese companies listed on U.S. exchanges surged Tuesday soon after the opening bell, buoyed by Beijing's broad stimulus package of monetary m...

Other symbols: BABAFXIJDLIMCHIPDDXPEV
13 days ago - Investopedia

Nio's stock gets a big boost from China's broad economic stimulus measures

Nio's stock was surging Tuesday, as investors in the China-based electric vehicle maker cheered the stimulus measures China's central back implemented to try to jump start the sagging economy.

13 days ago - Market Watch

Jin Medical International, Nio And Other Big Stocks Moving Lower In Monday's Pre-Market Session

U.S. stock futures were higher this morning, with the Nasdaq futures gaining around 50 points on Monday.

Other symbols: ZJYL
14 days ago - Benzinga