NIO - NIO Stock Forecast, Price & News

14 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for NIO in the last year. There are currently 1 hold rating and 13 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" NIO shares.
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14 brokerages have issued 12-month price objectives for NIO's shares. Their NIO share price forecasts range from $25.80 to $70.00. On average, they predict the company's stock price to reach $37.98 in the next year. This suggests a possible upside of 117.3% from the stock's current price.
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NIO's stock was trading at $31.68 on January 1st, 2022. Since then, NIO shares have decreased by 44.8% and is now trading at $17.48.
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Nio Inc - (NYSE:NIO) announced its quarterly earnings data on Wednesday, September, 7th. The company reported ($1.34) earnings per share (EPS) for the quarter, topping the consensus estimate of ($1.37) by $0.03. The company had revenue of $10.29 billion for the quarter, compared to the consensus estimate of $9.77 billion. NIO had a negative trailing twelve-month return on equity of 24.99% and a negative net margin of 19.67%. The company's revenue for the quarter was up 21.8% compared to the same quarter last year. During the same quarter in the prior year, the firm earned ($0.07) earnings per share.

NIO updated its third quarter 2022 earnings guidance on Thursday, September, 8th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $1.92 billion-$2.03 billion, compared to the consensus revenue estimate of $2.32 billion.

29 employees have rated NIO Chief Executive Officer William Li on Glassdoor.com. William Li has an approval rating of 89% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other NIO investors own include Tesla (TSLA), NVIDIA (NVDA), Alibaba Group (BABA), Advanced Micro Devices (AMD), Netflix (NFLX), Block (SQ), Micron Technology (MU), Intel (INTC), Nikola (NKLA) and Walt Disney (DIS).

(NIO) raised $1.2 billion in an IPO on Wednesday, September 12th 2018. The company issued 160,000,000 shares at a price of $6.25-$8.25 per share. Morgan Stanley, Goldman Sachs (Asia) and J.P. Morgan served as the underwriters for the IPO and BofA Merrill Lynch, Deutsche Bank Securities, Citigroup, Credit Suisse and UBS Investment Bank were co-managers.

NIO trades on the New York Stock Exchange (NYSE) under the ticker symbol "NIO."

NIO's stock is owned by a variety of institutional and retail investors. Top institutional investors include Baillie Gifford & Co. (5.80%), Renaissance Technologies LLC (1.06%), Legal & General Group Plc (0.67%), Citadel Advisors LLC (0.00%), UBS Asset Management Americas Inc. (0.42%) and Bridgewater Associates LP (0.33%).

Shares of NIO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of NIO stock can currently be purchased for approximately $17.48.

NIO (NYSE:NIO) has a market capitalization of $29.17 billion and generates $5.67 billion in revenue each year. The company earns $-625,450,000.00 in net income (profit) each year or ($0.74) on an earnings per share basis.

The company employs 15,204 workers across the globe.

NIO was founded in 2014.

NIO's mailing address is BUILDING 20 NO. 56 ANTUO ROAD ANTING TOWN JIADING DISTRICT, SHANGHAI F4, 201804. The official website for the company is www.nio.io. The company can be reached via phone at 86-21-6908-3306 or via email at ir@nio.com.