NIO Inc. (NIO)

NYSE: NIO · IEX Real-Time Price · USD
9.07
-0.36 (-3.82%)
At close: Dec 29, 2023, 4:00 PM
9.14
+0.07 (0.77%)
After-hours: Dec 29, 2023, 7:59 PM EST
-3.82%
Market Cap 13.54B
Revenue (ttm) 7.51B
Net Income (ttm) -2.94B
Shares Out 1.49B
EPS (ttm) -1.81
PE Ratio n/a
Forward PE 434.78
Dividend n/a
Ex-Dividend Date n/a
Volume 73,911,859
Open 9.43
Previous Close 9.43
Day's Range 8.95 - 9.53
52-Week Range 7.00 - 16.18
Beta 1.99
Analysts Buy
Price Target 12.14 (+33.85%)
Earnings Date Dec 5, 2023

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 26,763
Stock Exchange NYSE
Ticker Symbol NIO
Full Company Profile

Financial Performance

In 2022, NIO Inc.'s revenue was 49.27 billion, an increase of 36.34% compared to the previous year's 36.14 billion. Losses were -14.56 billion, 37.7% more than in 2021.

Financial numbers in CNY Financial Statements

Analyst Forecast

According to 10 analysts, the average rating for NIO stock is "Buy." The 12-month stock price forecast is $12.14, which is an increase of 33.85% from the latest price.

Price Target
$12.14
(33.85% upside)
Analyst Consensus: Buy
Stock Forecasts

News

The truth behind NIO's 60.0% upside

Some investors are still feeling the burns from investing in Chinese equities throughout 2023; once considered the darling of emerging markets, today even The Goldman Sachs Group NYSE: GS has been pus...

4 days ago - MarketBeat

3 Charts For Investors to Watch Wednesday: Intel, Nio, XRT ETF

Here's our daily look at three charts tied to recent news-driven price moves, with key technical levels to watch.

Other symbols: INTCXRT
4 days ago - Investopedia

2024 could turn into a ‘trader's market.' Here's how this strategist says you can make the most of that.

The S&P 500 index SPX has three days left this year to try for a fresh record high, which in theory, shouldn't be so hard with a Santa Rally all but teed up.

4 days ago - Market Watch

Dear Nio, Xpeng, and Tesla fans: Wang Chuanfu is up to something

The electric vehicle industry has grown rapidly in the past few years, which has helped boost key players like Tesla, Nio, and Rivian. While the industry is going through some headwinds, the number of...

Other symbols: TSLAXPEV
4 days ago - Invezz

NIO Inc. Announces Closing of US$2.2 Billion Strategic Equity Investment from CYVN

SHANGHAI, China, Dec. 27, 2023 (GLOBE NEWSWIRE) -- NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (“NIO” or the “Company”), a pioneer and a leading company in the premium smart electric vehicle market, to...

4 days ago - GlobeNewsWire

NIO Stock Gains After New Car Unveiled. That's Not the Exciting Part.

The in-house designed tech is getting a lot of attention as well.

5 days ago - Barrons

Nio's stock jumps after new ET9 unveiled at Nio Day 2023 over the weekend

Shares of Nio Inc. NIO jumped 3.4% in premarket trading Tuesday, as investors appeared to cheer the China-based electric vehicle maker's Nio Day 2023 held over the weekend. At Nio Day in Xi'an, China,...

5 days ago - Market Watch

China's Nio launches flagship EV to take on Maybach, Panamera

XIAN, Dec 23 (Reuters) - Chinese electric car maker Nio (9866.HK) on Saturday unveiled a flagship model featuring self-developed technologies including semiconductors, betting they would help prop up ...

8 days ago - Reuters

ClearMotion secures order from EV maker Nio for suspension technology

ClearMotion, which makes road sensing software to improve suspension in vehicles, said it had secured a production order from global electric vehicle company NIO.

8 days ago - Market Watch

ClearMotion to supply smooth suspension tech for Nio's ET9 EV

LONDON, Dec 23 (Reuters) - U.S. startup ClearMotion will supply its active suspension technology for Chinese EV maker Nio's (9866.HK) upcoming ET9 in a contract covering 750,000 cars over the lifetime...

8 days ago - Reuters

Nio's stock rises, in face of report that tariffs on EVs from China could be raised

Shares of Nio Inc. NIO, +1.33% rose 1.3% in morning trading Thursday, as investors appeared to shrug off a report in The Wall Street Journal that the Biden administration is mulling raising tariffs on...

10 days ago - Market Watch

Nio Stock Surges After $2.2B Cash Infusion From Abu Dhabi Investment Firm

Nio Inc.'s (NIO) American depositary receipts (ADRs) jumped 5% Monday after the Chinese electric vehicle (EV) maker said an investment firm majority-owned by the Abu Dhabi government would purchase $2...

13 days ago - Investopedia

Nio stock jumps as Abu Dhabi investor to pour in $2.2 billion

Nio stock surged in premarket trade on Monday after the Chinese EV maker said it's received a $2.2 billion investment from an Abu Dhabi investor.

13 days ago - Market Watch

NIO Stock Surges. The EV Maker Is Getting a $2.2 Billion Investment.

NIO shares rise as Abu Dhabi-based investor CYVN Holdings is pouring a further $2.2 billion into the Chinese electric-vehicle maker.

13 days ago - Barrons

China's Nio to get $2.2 bln investment from Abu Dhabi's CYVN

Electric vehicle maker Nio has signed a pact for an investment of $2.2 billion from CYVN Holdings, an investment vehicle based in Abu Dhabi, the Chinese company said on Monday.

13 days ago - Reuters

NIO Inc. Announces US$2.2 Billion Strategic Equity Investment from CYVN

SHANGHAI, China, Dec. 18, 2023 (GLOBE NEWSWIRE) -- NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (“NIO” or the “Company”), a pioneer and a leading company in the premium smart electric vehicle market, to...

13 days ago - GlobeNewsWire

Nio to launch cheaper Firefly brand in Europe in 2024

Chinese electric vehicle (EV) maker Nio will launch its cheaper Firefly brand in Europe in 2024, a year earlier than previously disclosed, with a second cheaper brand possibly launching after 2025, it...

16 days ago - Reuters

Nio stock forecast: Here's the crucial price to watch

Nio (NYSE: NIO) stock price has remained being under fire as concerns about the company's growth continue. The shares rose to $8.25 after its latest earnings, as I had predicted.

18 days ago - Invezz

Can NIO finally get back on a path to profitability?

Chinese battery electric vehicle (BEV) manufacturer NIO Inc. NASDAQ: NIO is trading near 52-week lows, down 23.3% year-to-date (YTD). NIO is a member of the Auto/Tires/Trucks sector.

20 days ago - MarketBeat

China adds Nio, BMW-backed Spotlight to approved car manufacturers list

China's industry ministry on Friday added five companies to its approved car manufacturers list, including Nio Inc and BMW-backed Spotlight.

Other symbols: BMWYY
23 days ago - Reuters

EV maker Nio considers more job cuts after shedding 10% staff - Bloomberg News

Chinese electric vehicle (EV) maker Nio Inc may undertake further job cuts after the company announced plans to cut 10% of its workforce last month, Bloomberg News reported on Thursday, citing people ...

24 days ago - Reuters

EV Maker Nio's Shares Rise on Talk of Battery-Unit Spinoff

Nio Inc. (NIO) stock rose about 6% by late afternoon Wednesday after Reuters reported that the Chinese electric vehicle (EV) company was considering spinning off its battery manufacturing unit.

25 days ago - Investopedia

Nio plans to spin off EV battery unit by end of year: Report

#china #nio #evbattery #yahoofinance Chinese EV maker Nio Inc. (NIO) seeks to spin off its EV battery manufacturing segment by the end of 2023, according to a Reuters report. Yahoo Finance Anchors Bra...

25 days ago - Yahoo Finance

3 Charts For Investors to Watch Wednesday

Stocks ended Tuesday's trading session mixed as pockets of strength in the technology, consumer cyclical, and healthcare sectors offset weakness across the industrial and energy sectors. A report that...

Other symbols: SBUX
25 days ago - Investopedia

NIO's stock rises on report of plans to spin out battery unit

Nio Inc.'s stock NIO, +1.50% was up by 3.2% in premarket trading on Wednesday after Reuters reported the Chinese electric-car maker may spin off its battery manufacturing business as early as 2024. Ci...

25 days ago - Market Watch