NIO (NYSE:NIO) Issues Quarterly Earnings Results, Misses Estimates By $0.14 EPS

NIO (NYSE:NIO) issued its quarterly earnings results on Friday. The company reported ($0.47) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.33) by ($0.14), Zacks reports. The company had revenue of $2.70 billion for the quarter, compared to analyst estimates of $20.19 billion. NIO had a negative return on equity of 113.83% and a negative net margin of 33.41%. The firm’s quarterly revenue was up 15.2% on a year-over-year basis. During the same quarter last year, the company earned ($2.81) EPS. NIO updated its Q1 2025 guidance to EPS.

NIO Stock Performance

NIO stock opened at $4.51 on Friday. The company has a current ratio of 1.04, a quick ratio of 0.93 and a debt-to-equity ratio of 0.98. NIO has a 1 year low of $3.61 and a 1 year high of $7.71. The company has a market cap of $9.40 billion, a PE ratio of -2.98 and a beta of 1.81. The company’s 50-day moving average is $4.43 and its two-hundred day moving average is $4.87.

Analysts Set New Price Targets

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

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.