<div id="readability-page-1"><p>NIO Inc. (NYSE:NIO - Get Free Report) gapped down before the market opened on Wednesday . The stock had previously closed at $6.58, but opened at $6.38. NIO shares last traded at $6.15, with a volume of 12,969,339 shares trading hands.</p><h2>Analysts Set New Price Targets</h2><ul><li>MarketBeat Week in Review – 08/25 - 08/29</li></ul><p>NIO has been the subject of several recent research reports. Barclays reduced their price target on NIO from $4.00 to $3.00 and set an &#34;underweight&#34; rating for the company in a research report on Wednesday, June 4th. The Goldman Sachs Group raised NIO from a &#34;sell&#34; rating to a &#34;neutral&#34; rating and increased their price target for the company from $3.70 to $3.80 in a research report on Tuesday, June 17th. Mizuho cut their price objective on NIO from $4.00 to $3.50 and set a &#34;neutral&#34; rating for the company in a research report on Tuesday, June 3rd. JPMorgan Chase &amp; Co. raised NIO from a &#34;neutral&#34; rating to an &#34;overweight&#34; rating and raised their price objective for the company from $4.80 to $8.00 in a research report on Tuesday, August 26th. Finally, Morgan Stanley  reaffirmed a &#34;buy&#34; rating on shares of NIO in a research report on Monday, July 14th. One research analyst  has rated the stock with a Strong Buy rating, three have given a Buy rating, eight have issued  a Hold rating and one  has assigned  a Sell rating to the stock. According to MarketBeat.com, the company  has an average rating of &#34;Hold&#34; and a consensus price target of $5.21.</p><p><b>Check Out Our Latest Analysis on NIO</b></p><h2>NIO Stock Performance</h2><ul><li>NIO Just Got Its Second Upgrade of the Month, and It’s Big</li></ul><p>The company has a market cap of $12.67 billion, a P/E ratio of -3.75 and a beta of 1.20. The company has a quick ratio of 0.69, a current ratio of 0.84 and a debt-to-equity ratio of 1.89. The stock has a 50 day moving average price of $4.67 and a two-hundred day moving average price of $4.22. </p><p>NIO (NYSE:NIO - Get Free Report) last announced its earnings results on Tuesday, June 3rd. The company reported ($0.45) earnings per share for the quarter, missing analysts' consensus estimates of ($0.22) by ($0.23). The firm had revenue of $1.66 billion for the quarter, compared to the consensus estimate of $12.46 billion. NIO had a negative return on equity of 286.45% and a negative net margin of 35.51%.NIO's revenue for the quarter was up 21.5% on a year-over-year basis. During the same quarter last year, the business posted ($2.39) EPS.  On average, research analysts predict that  NIO Inc. will post -1.43 earnings per share for the current fiscal year. </p><h2>Hedge Funds Weigh In On NIO</h2><ul><li>This Fund Manager Says You Should Get Out of Tesla and Apple—Now</li></ul><p>A number of hedge funds have recently added to or reduced their stakes in NIO. Cantor Fitzgerald L. P. increased its stake in  NIO by 281.0% during the 4th quarter. Cantor Fitzgerald L. P. now owns 49,863 shares of the company's stock worth $217,000 after acquiring an additional 36,774 shares during the period.  Ethic Inc. grew its position in  NIO by 147.5% during the 4th quarter. Ethic Inc. now owns 119,432 shares of the company's stock worth $521,000 after acquiring an additional 71,184 shares during the last quarter.  J. Goldman &amp; Co LP bought a new stake in  NIO during the 4th quarter worth $541,000.  Laird Norton Wetherby Wealth Management LLC grew its position in  NIO by 15.1% during the 4th quarter. Laird Norton Wetherby Wealth Management LLC now owns 66,534 shares of the company's stock worth $290,000 after acquiring an additional 8,746 shares during the last quarter.  Finally, Laird Norton Wetherby Trust Company LLC acquired a new position in  NIO during the 4th quarter worth about $93,000. Institutional investors own  48.55% of the company's stock. </p><h2>NIO Company Profile</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>Read More</h2><ul><li>Five stocks we like better than NIO</li><li>What is an Earnings Surprise?  </li><li>Rocket Lab Strengthens Case for Breakout With New Launch Pad</li><li>Stock Trading Terms - Stock Terms Every Investor Needs to Know</li><li>Opera Limited Stock Set to End 2025 on a High Note</li><li>Ride Out The Recession With These Dividend Kings </li><li>Zscaler Shares Can Hit a Fresh High Before Year-End</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. (NYSE:NIO) shares gapped down from $6.58 to $6.38 before trading at $6.15 with a volume of 12,969,339 shares. Analysts have set new price targets, with Barclays lowering theirs to $3.00 and JPMorgan raising it to $8.00. The company reported a loss of $0.45 EPS, missing estimates, but revenue increased by 21.5% year-over-year. Institutional investors hold 48.55% of NIO's stock, which has a market cap of $12.67 billion and a negative P/E ratio of -3.75. The average analyst rating is "Hold" with a consensus price target of $5.21.</p>

- NIO Inc. opened at $6.38 after closing at $6.58, with shares last trading at $6.15 and a volume of 12,969,339.  
- Analysts have varied opinions on NIO, with Barclays lowering its price target to $3.00, while JPMorgan raised it to $8.00, resulting in an average rating of "Hold" and a consensus price target of $5.21.  
- The company reported a quarterly revenue of $1.66 billion, missing estimates, and has a market cap of $12.67 billion, with institutional investors holding 48.55% of its stock.  

NIO (NYSE:NIO) Shares Gap Down - What's Next?