<div id="readability-page-1"><p>Shares of Nio Inc - (NYSE:NIO - Get Free Report) dropped 4.6% during trading on Wednesday . The stock traded as low as $4.01 and last traded at $4.05. Approximately 12,474,080 shares were traded  during trading, a decline of 78% from the average daily volume of 56,029,940 shares. The stock had previously closed at $4.24.</p><h2>Analysts Set New Price Targets</h2><ul><li>XPeng Deliveries Surge 3X in China, Should Tesla Be Worried?</li></ul><p>A number of equities analysts have recently weighed in on NIO shares. JPMorgan Chase &amp; Co. lowered NIO from an &#34;overweight&#34; rating to a &#34;neutral&#34; rating and lowered their target price for the stock from $7.00 to $4.70 in a research note on Tuesday, February 4th. Mizuho dropped their price objective on shares of NIO from $4.20 to $3.50 and set a &#34;neutral&#34; rating for the company in a research note on Thursday, April 10th. Cfra Research upgraded shares of NIO to a &#34;hold&#34; rating in a research report on Friday, March 21st. Hsbc Global Res downgraded shares of NIO from a &#34;strong-buy&#34; rating to a &#34;hold&#34; rating in a research report on Tuesday, January 7th. Finally, Citigroup  restated a &#34;buy&#34; rating on shares of NIO in a research note on Monday. One investment analyst  has rated the stock with a sell rating, eight have assigned  a hold rating, one  has assigned  a buy rating and one  has assigned  a strong buy rating to the company. According to MarketBeat.com, NIO presently has an average rating of &#34;Hold&#34; and an average target price of $5.05.</p><p><b>Get Our Latest Stock Report on NIO</b></p><h2>NIO Stock Performance</h2><ul><li>Can NIO Overcome U.S.-China Tariff Headwinds?</li></ul><p>The stock has a market cap of $8.45 billion, a price-to-earnings ratio of -2.68 and a beta of 1.74. The company has a quick ratio of 0.93, a current ratio of 1.04 and a debt-to-equity ratio of 0.98. The company has a 50 day simple moving average of $4.12 and a 200 day simple moving average of $4.45. </p><p>NIO (NYSE:NIO - Get Free Report) last announced its quarterly earnings results on Friday, March 21st. The company reported ($0.47) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.33) by ($0.14). 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 posted ($2.81) earnings per share.  As a group, equities research analysts forecast that  Nio Inc - will post -1.43 EPS for the current year. </p><h2>Institutional Trading of NIO</h2><ul><li>3 EV Stocks Offering Unique Alternatives to Tesla</li></ul><p>Institutional investors have recently modified their holdings of the business. Blue Trust Inc. raised its position in shares of  NIO by 138.5% during the fourth quarter. Blue Trust Inc. now owns 6,212 shares of the company's stock worth $27,000 after acquiring an additional 3,607 shares during the last quarter.  Jones Financial Companies Lllp increased its position in shares of  NIO by 131.8% during the fourth quarter. Jones Financial Companies Lllp now owns 7,619 shares of the company's stock worth $33,000 after buying an additional 4,332 shares during the period.  Callan Family Office LLC bought a new position in  NIO during the fourth quarter worth $44,000.  Sava Infond d.o.o. acquired a new position in  NIO in the fourth quarter valued at $44,000.  Finally, Trilogy Capital Inc. bought a new stake in  NIO during the fourth quarter valued at $45,000. Institutional investors own  48.55% of the company's stock. </p><h2>About NIO</h2> (Get Free Report)<p>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.</p><h2>See Also</h2><ul><li>Five stocks we like better than NIO</li><li>Market Cap Calculator: How to Calculate Market Cap</li><li>Why D-Wave's Project With Davidson Is a Game-Changer For Quantum</li><li>What is a Stock Market Index and How Do You Use Them?</li><li>Hims &amp; Hers Stock Soars on Novo Nordisk Collaboration</li><li>Comparing and Trading High PE Ratio Stocks</li><li>Amazon's Earnings Will Make or Break the Stock's Comeback </li></ul><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in NIO Right Now?</h2><p>Before you consider NIO, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and NIO wasn't on the list.</p><p>While NIO currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

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<p>NIO Inc. shares fell 4.6% to $4.05, with trading volume down 78% from average levels. Analysts have downgraded the stock, with JPMorgan lowering its rating from "overweight" to "neutral" and reducing the target price from $7.00 to $4.70. Mizuho also cut its price target to $3.50. NIO reported a quarterly EPS of ($0.47), missing estimates, and has a market cap of $8.45 billion. Institutional investors hold 48.55% of the stock, reflecting mixed sentiment among analysts with an average rating of "Hold."</p>

- Nio Inc shares fell 4.6% to $4.05, with trading volume down 78% from the average.  
- Analysts have downgraded NIO's ratings, with JPMorgan lowering its target price from $7.00 to $4.70, while the average target price is now $5.05.  
- The company reported a quarterly loss of $0.47 EPS, missing estimates, and has a market cap of $8.45 billion, with institutional investors holding 48.55% of the stock.  

NIO (NYSE:NIO) Shares Down 4.6% - Here's Why