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

NIO (NYSE:NIO) announced 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. The company had revenue of $2.70 billion during the quarter, compared to the consensus estimate of $20.19 billion. NIO had a negative net margin of 33.41% and a negative return on equity of 113.83%. The business’s revenue was up 15.2% on a year-over-year basis. During the same quarter in the previous year, the company earned ($2.81) earnings per share. NIO updated its Q1 2025 guidance to EPS.

NIO Stock Performance

Shares of NIO stock traded down $0.21 on Friday, hitting $4.51. 82,569,065 shares of the stock were exchanged, compared to its average volume of 55,261,448. NIO has a one year low of $3.61 and a one year high of $7.71. The firm’s 50 day moving average is $4.43 and its two-hundred day moving average is $4.86. The company has a current ratio of 1.04, a quick ratio of 0.93 and a debt-to-equity ratio of 0.98. The firm has a market capitalization of $9.40 billion, a PE ratio of -2.98 and a beta of 1.81.

Wall Street Analysts Forecast Growth

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