NIO (NYSE:NIO) Stock Price Down 3% - Should You Sell?

Market Beat
2026.04.23 21:40
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NIO Inc. (NYSE:NIO) shares fell 3% to $6.2850 during mid-day trading, with a trading volume of 32,086,813 shares, down 27% from the average. Analysts have mixed ratings: Weiss Ratings maintains a 'sell' rating, while Nomura and HSBC upgraded their ratings to 'buy' with price targets of $6.60 and $6.80, respectively. NIO has a market cap of $14.44 billion, a PE ratio of -6.48, and reported a negative net margin of 17.21%. Institutional investors hold 48.55% of the stock.