<div id="readability-page-1"><p><span>NIO (NYSE:NIO - Get Free Report)</span> had its price objective lifted by analysts at Bank of America  from $5.00 to $7.10 in a research note issued on Wednesday,Benzinga reports. The brokerage currently has a &#34;neutral&#34; rating on the stock. Bank of America's price objective suggests a potential upside of 16.11% from the stock's previous close.</p><ul><li>MarketBeat Week in Review – 08/25 - 08/29</li></ul><p>Other equities research analysts also recently issued research reports about the stock. Morgan Stanley  reaffirmed a &#34;buy&#34; rating on shares of NIO in a research report on Monday, July 14th. Barclays decreased their target price on shares of 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. JPMorgan Chase &amp; Co. upgraded shares of NIO from a &#34;neutral&#34; rating to an &#34;overweight&#34; rating and upped their target price for the stock from $4.80 to $8.00 in a research report on Tuesday, August 26th. Mizuho upped their target price on shares of NIO from $3.50 to $6.00 and gave the stock a &#34;neutral&#34; rating in a research report on Wednesday. Finally, The Goldman Sachs Group raised shares of NIO from a &#34;sell&#34; rating to a &#34;neutral&#34; rating and upped their price target for the stock from $3.70 to $3.80 in a research note on Tuesday, June 17th. One analyst  has rated the stock with a Strong Buy rating, three have issued  a Buy rating, eight have given a Hold rating and one  has issued  a Sell rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of &#34;Hold&#34; and an average target price of $5.83.</p><p><b>View Our Latest Analysis on NIO</b></p><h2>NIO Stock Down 7.1%</h2><ul><li>NIO Just Got Its Second Upgrade of the Month, and It’s Big</li></ul><p>Shares of NIO traded down $0.47 during midday trading on Wednesday, hitting $6.12. The company had a trading volume of 55,527,313 shares, compared to its average volume of 55,520,676. The company has a quick ratio of 0.69, a current ratio of 0.84 and a debt-to-equity ratio of 1.89. NIO has a 52 week low of $3.02 and a 52 week high of $7.71. The company's 50 day moving average price is $4.67 and its 200 day moving average price is $4.22. The stock has a market cap of $12.76 billion, a price-to-earnings ratio of -3.77 and a beta of 1.20. </p><p>NIO (NYSE:NIO - Get Free Report) last announced its quarterly earnings data 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). NIO had a negative net margin of 35.51% and a negative return on equity of 286.45%. The business had revenue of $1.66 billion for the quarter, compared to the consensus estimate of $12.46 billion. During the same period in the prior year, the company earned ($2.39) EPS. NIO's quarterly revenue was up 21.5% on a year-over-year basis.  On average, equities research analysts predict that  NIO will post -1.43 EPS for the current year. </p><h2>Institutional Investors 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 large investors have recently made changes to their positions in the company. Marex Group plc acquired a new stake in shares of  NIO during the second quarter valued at approximately $916,000.  Wellington Capital Management Inc. acquired a new position in  NIO in the 2nd quarter valued at approximately $605,000.  Headlands Technologies LLC acquired a new position in  NIO in the 2nd quarter valued at approximately $240,000.  CANADA LIFE ASSURANCE Co increased its stake in  NIO by 16.0% in the 2nd quarter. CANADA LIFE ASSURANCE Co now owns 936,736 shares of the company's stock valued at $3,220,000 after buying an additional 129,236 shares during the period.  Finally, Vident Advisory LLC increased its stake in  NIO by 110.4% in the 2nd quarter. Vident Advisory LLC now owns 101,422 shares of the company's stock valued at $348,000 after buying an additional 53,214 shares during the period. Institutional investors and hedge funds 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>How to Use Stock Screeners to Find Stocks</li><li>IREN Is Up 186% YTD on AI Pivot—And It’s Just Getting Started</li><li>What is the Nikkei 225 index?    </li><li>Rocket Lab Strengthens Case for Breakout With New Launch Pad</li><li>How to Choose Top Rated Stocks</li><li>Opera Limited Stock Set to End 2025 on a High Note</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPU5JTw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="330" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPU5JTw"/></p><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>Bank of America has raised its price target for NIO (NYSE:NIO) from $5.00 to $7.10, maintaining a "neutral" rating. This suggests a potential upside of 16.11% from the stock's previous close. Other analysts have varied ratings, with one strong buy, three buys, eight holds, and one sell. NIO's stock recently traded at $6.12, with a market cap of $12.76 billion. The company reported a quarterly loss of ($0.45) EPS, missing estimates, but revenue increased by 21.5% year-over-year.</p>

- Analysts at Bank of America raised NIO's price target from $5.00 to $7.10, indicating a potential upside of 16.11%.  
- The stock currently holds a "neutral" rating, with mixed opinions from other analysts, including a "buy" from Morgan Stanley and a downgrade from Barclays.  
- NIO's recent quarterly earnings showed a revenue of $1.66 billion, but it missed EPS estimates, reflecting ongoing challenges despite a year-over-year revenue increase of 21.5%.

Bank of America Forecasts Strong Price Appreciation for NIO (NYSE:NIO) Stock