NIO Inc. (NIO)

NYSE: NIO · IEX Real-Time Price · USD
5.33
+0.11 (2.11%)
At close: May 9, 2024, 4:01 PM
5.29
-0.04 (-0.75%)
After-hours: May 9, 2024, 7:59 PM EDT
2.11%
Market Cap 10.80B
Revenue (ttm) 7.84B
Net Income (ttm) -2.98B
Shares Out 2.03B
EPS (ttm) -1.72
PE Ratio n/a
Forward PE 434.78
Dividend n/a
Ex-Dividend Date n/a
Volume 32,962,563
Open 5.37
Previous Close 5.22
Day's Range 5.23 - 5.41
52-Week Range 3.61 - 16.18
Beta 1.91
Analysts Buy
Price Target 8.28 (+55.35%)
Earnings Date Jun 7, 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 12 analysts, the average rating for NIO stock is "Buy." The 12-month stock price forecast is $8.28, which is an increase of 55.35% from the latest price.

Price Target
$8.28
(55.35% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Tesla, Rivian, And Nio Stock Prices Down As EV Demand Growth Slows

The stock prices of electric vehicle makers Tesla Tesla , Rivian, and Nio are all down this year. While the reasons for the declines are unique to each company, the common theme is a drop in demand.

Other symbols: RIVNTSLA
14 hours ago - Forbes

Chinese EV maker Nio to launch its lower-priced brand Onvo on May 15

Chinese electric car company Nio said Thursday it will launch its lower-priced brand called Onvo on May 15.

1 day ago - CNBC

Two Chinese EV companies seem to be ganging up on Elon Musk's Tesla

EV company Nio is launching a new affordable EV brand in China.  Competitor BYD will reportedly supply batteries for the new range, which will compete with Tesla's Model Y.

Other symbols: BYDDFBYDDY
1 day ago - Business Insider

Exclusive: China's Nio turns to rival BYD to power new EV brand, sources say

China electric vehicle maker Nio has struck a deal with larger rival BYD to source batteries for an EV brand priced at a lower range that aims to compete with Tesla , three sources with direct knowled...

Other symbols: BYDDFBYDDY
3 days ago - Reuters

Nio on track to unveil its first mass-market car in May, executive says

China's premium electric vehicle maker Nio is on track to unveil a new model under a mass-market brand by the end of this month and a second smaller EV to be sold in Europe next year for less than $30...

3 days ago - Reuters

How interest in electric vehicles has stalled over the last 3 years, in one chart

The promised American switch to electric vehicles from gas-engine cars is hitting speed bumps, and a new survey offers fresh indications of that slowdown.

Other symbols: HTZTSLA
5 days ago - Market Watch

Nio's April Deliveries Were Solid. Is The Stock Undervalued At $5?

Chinese luxury electric vehicle maker Nio delivered 15,620 vehicles in April, up a solid 134% versus a year ago. Sales were driven in part by the recent launch of the company's 2024 series of vehicles...

6 days ago - Forbes

Nio Stock Soars On Surge In Deliveries — Still 92% Below 2021 High

The American Depository Receipts of Nio, a Shanghai-based electric vehicle maker, just popped 20%, according to CNBC. Yet the ADRs trade a whopping 92% below their all-time high of $67.

7 days ago - Forbes

Highly ranked manager who bet on Mag 7 giants looks to these second-order winners from AI

Large-cap growth funds have been in the sweet spot for a few years now, thanks to megacap tech holdings.

7 days ago - Market Watch

Shares of Nio soar more than 20% as EV deliveries more than double in April

Hong Kong-listed shares of Chinese electric vehicle maker Nio Inc jumped 20% in early trading, after its vehicle deliveries more than doubled in April.

7 days ago - CNBC

NIO Shares Jump After Strong Sales Amid EV Price War

The Chinese electric-vehicle maker's shares are on track for their largest one-day gain in more than two years.

8 days ago - WSJ

Nio stock price forecast: rebound faces elevated risks ahead

Nio (NYSE: NIO) stock price has rebounded sharply in the past few days as sentiment in the electric vehicle industry improves. It continued bouncing back on Wednesday after publishing encouraging deli...

8 days ago - Invezz

Nio's stock soars as April EV deliveries more than double and new ET7 launches

Shares of Nio Inc. sped higher Wednesday, after the Chinese electric-vehicle maker reported April deliveries that more than doubled to outperform its peers by a wide margin.

8 days ago - Market Watch

NIO Stock Rises as Delivery Growth Accelerates

NIO, XPeng, and Li Auto deliver a combined 50,800 units in April, up almost 30% year over year.

8 days ago - Barrons

NIO Inc. Provides April 2024 Delivery Update

SHANGHAI, China, May 01, 2024 (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, tod...

8 days ago - GlobeNewsWire

Nio CEO: We want to keep prices of our cars stable

William Li, CEO of Nio, discusses price volatility in the electric vehicle market.

11 days ago - CNBC International TV

Nio's stock jumps after report of China's plan to boost EV sales

Shares of Nio Inc., and those of other China-based electric-vehicle makers, powered higher Friday, after a report that China reportedly plans to provide car owners with an incentive to buy EVs.

13 days ago - Market Watch

Chinese EV start-ups Nio and Xpeng turn to the mass market for growth

Chinese electric car start-ups Nio and Xpeng are turning to a lower-priced segment of the market with plans to release newly-branded cars this year.

Other symbols: XPEV
13 days ago - CNBC

Uforia unites artists, communities nationwide to support St. Jude Children's Research Hospital this Dia del Niño

MEMPHIS, Tenn.--(BUSINESS WIRE)--This Friday, musical artists Ana Bárbara and DannyLux will join the Uforia Audio Network to celebrate Dia del Niño by rallying audiences behind the lifesaving mission ...

14 days ago - Business Wire

Chinese EV startup Nio sets starting price for new version of ET7 sedan

Chinese electric vehicle (EV) startup Nio has set the starting price of the new version of its ET7 sedan at 428,000 yuan ($59,063), its chief executive said on Thursday.

15 days ago - Reuters

Tesla, Nikola, Mullen, Nio, Canoo stocks brace for a crucial week

Tesla (NASDAQ: TSLA) stock price has continued crashing hard this year and the plot could thicken this week. It has plunged by over 40% this year, shedding billions of dollars in value, making it the ...

Other symbols: GOEVNKLATSLAMULN
18 days ago - Invezz

Are Chinese automakers a viable threat to the US auto industry?

Chinese automakers like BYD (BYDDY) and XPeng (XPEV) make electric vehicles that are far cheaper than the ones made in the USA. But they're hard to find in the US and, if politicians and domestic auto...

Other symbols: BYDDFBYDDYLIXIACFXPEV
20 days ago - Yahoo Finance

Bloomberg: the EV bubble has burst as TSLA, NIO, Rivian stocks dive

The electric vehicle (EV) bubble is slowly bursting as I warned a few months ago. Now, according to Bloomberg, the sector is melting down in Europe, which is often seen as a key market.

Other symbols: RIVNTSLA
20 days ago - Invezz

Nio stock forecast: Here's why the freefall could continue

Nio (NYSE: NIO) stock price plunge is not ending. The shares collapsed to a low of $3.90 on Monday and the sell-off continued in the pre-market session.

23 days ago - Invezz

China EV maker Nio urges openness in US speech amid tensions

Chinese electric vehicle (EV) maker Nio's founder called for openness in a rare speech in the United States, where politicians have been seeking to further restrict China's access to the world's secon...

26 days ago - Reuters