--- title: "NIO (NYSE:NIO) Stock Price Down 2.3% - Here's What Happened" type: "News" locale: "en" url: "https://longbridge.com/en/news/292245568.md" description: "NIO stock fell 2.3% to $4.7850 on Thursday, with trading volume down 39% from average. Despite the dip, several brokerages recently upgraded NIO, including DBS Bank, HSBC, and Nomura, raising price targets to between $6.60 and $6.80. The consensus rating remains 'Hold' with an average target of $6.70. Institutional investors increased their stakes in Q4, holding nearly half the company's shares." datetime: "2026-07-09T21:40:28.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/292245568.md) - [en](https://longbridge.com/en/news/292245568.md) - [zh-HK](https://longbridge.com/zh-HK/news/292245568.md) --- # NIO (NYSE:NIO) Stock Price Down 2.3% - Here's What Happened NIO Inc. (NYSE:NIO - Get Free Report) was down 2.3% during mid-day trading on Thursday . The company traded as low as $4.72 and last traded at $4.7850. 24,566,556 shares were traded during mid-day trading, a decline of 39% from the average daily volume of 40,329,871 shares. The stock had previously closed at $4.90. ## Analyst Ratings Changes - EVs Are Big Winners of the Iran War—Just Not American Ones Several brokerages have recently commented on NIO. Dbs Bank upgraded shares of NIO from a "hold" rating to a "moderate buy" rating in a research note on Monday, March 16th. HSBC raised shares of NIO from a "hold" rating to a "buy" rating and lifted their price objective for the company from $4.80 to $6.80 in a research note on Friday, March 13th. Nomura upgraded shares of NIO from a "neutral" rating to a "buy" rating and set a $6.60 price objective for the company in a report on Wednesday, March 11th. Sanford C. Bernstein reissued a "market perform" rating and set a $6.00 target price on shares of NIO in a research report on Friday, May 22nd. Finally, Weiss Ratings restated a "sell (e+)" rating on shares of NIO in a report on Friday, May 1st. Seven research analysts have rated the stock with a Buy rating, five have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of $6.70. **View Our Latest Analysis on NIO** ## NIO Stock Down 2.3% - AI’s Biggest Bottleneck Could Make These 2 Stocks Soar The company has a quick ratio of 0.90, a current ratio of 1.01 and a debt-to-equity ratio of 1.94. The business has a 50-day simple moving average of $5.48 and a 200-day simple moving average of $5.38. The stock has a market cap of $11.88 billion, a P/E ratio of -8.70 and a beta of 0.90. NIO (NYSE:NIO - Get Free Report) last released its quarterly earnings results on Saturday, February 14th. The company reported $0.04 EPS for the quarter. NIO had a negative net margin of 8.78% and a negative return on equity of 318.96%. The company had revenue of $4.95 billion for the quarter. Analysts expect that NIO Inc. will post -0.13 EPS for the current year. ## Institutional Inflows and Outflows - MarketBeat Week in Review – 03/09 - 03/13 Institutional investors and hedge funds have recently bought and sold shares of the company. Atlantic Union Bankshares Corp grew its position in shares of NIO by 98.3% in the fourth quarter. Atlantic Union Bankshares Corp now owns 5,950 shares of the company's stock valued at $30,000 after purchasing an additional 2,950 shares during the last quarter. Arax Advisory Partners increased its stake in shares of NIO by 81.6% in the fourth quarter. Arax Advisory Partners now owns 7,758 shares of the company's stock worth $40,000 after purchasing an additional 3,487 shares during the period. Eurizon Capital SGR S.p.A. acquired a new position in shares of NIO during the 4th quarter worth about $41,000. Merkkuri Wealth Advisors LLC acquired a new position in shares of NIO during the 1st quarter worth about $41,000. Finally, MV Capital Management Inc. acquired a new position in shares of NIO during the 4th quarter worth about $42,000. Institutional investors and hedge funds own 48.55% of the company's stock. ## NIO Company Profile (Get Free Report) NIO Inc is a pioneer in the premium electric vehicle (EV) segment, dedicated to the design, development and manufacture of smart, high-performance EVs. Established in November 2014 and headquartered in Shanghai, China, the company focuses on integrating cutting-edge electric propulsion, advanced connectivity and autonomous driving technologies into its automotive platforms. NIO's vision centers on creating a holistic user experience that extends beyond the vehicle itself, encompassing energy services and digital solutions. The company's product lineup includes flagship SUVs and sedans such as the ES8, ES6, EC6, ET7 and ET5, each engineered to deliver strong performance, long range and a suite of intelligent driver-assistance features. ## Read More - Five stocks we like better than NIO - PriceSmart Stock Eyes $220 as Chile Expansion Fuels Growth - Dollar Tree’s Turnaround Is Starting to Take Root - Why Levi's Digital Strategy Is Paying Off in a Big Way - Constellation Brands: Beer Growth and Buybacks Mask Stock's Slump _This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com._ ## Should You Invest $1,000 in NIO Right Now? Before you consider NIO, you'll want to hear this. 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. While NIO currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys. View The Five Stocks Here ### Related Stocks - [NIO.US](https://longbridge.com/en/quote/NIO.US.md) - [NIO.SG](https://longbridge.com/en/quote/NIO.SG.md) - [09866.HK](https://longbridge.com/en/quote/09866.HK.md) - [NIOG.US](https://longbridge.com/en/quote/NIOG.US.md) - [D05.SG](https://longbridge.com/en/quote/D05.SG.md) - [00005.HK](https://longbridge.com/en/quote/00005.HK.md) - [DBSDY.US](https://longbridge.com/en/quote/DBSDY.US.md) - [HSBA.UK](https://longbridge.com/en/quote/HSBA.UK.md) - [HSBC.US](https://longbridge.com/en/quote/HSBC.US.md) - [8604.JP](https://longbridge.com/en/quote/8604.JP.md) - [NMR.US](https://longbridge.com/en/quote/NMR.US.md) - [AUB.US](https://longbridge.com/en/quote/AUB.US.md) - [PSMT.US](https://longbridge.com/en/quote/PSMT.US.md) - [DLTR.US](https://longbridge.com/en/quote/DLTR.US.md) - [LEVI.US](https://longbridge.com/en/quote/LEVI.US.md) - [STZ.US](https://longbridge.com/en/quote/STZ.US.md) - [DTIW.SG](https://longbridge.com/en/quote/DTIW.SG.md) - [AUB-A.US](https://longbridge.com/en/quote/AUB-A.US.md) - [AUB.PRA.US](https://longbridge.com/en/quote/AUB.PRA.US.md) ## Related News & Research - [NIO Stock Falls as Blackrock Slashes Stake in EV Maker](https://longbridge.com/en/news/295665687.md) - [Nio July deliveries breakdown: ES8 back above 10,000, ES9 slips to 6,315](https://longbridge.com/en/news/295517334.md) - [Nio's flagship SUV ES9 tops 20,000 deliveries, second 10,000 in 6 weeks](https://longbridge.com/en/news/295298977.md) - [Nio Hit Record Vehicle Deliveries in July. This Could Be a Real Turning Point for NIO Stock.](https://longbridge.com/en/news/294972226.md) - [Nio's 120-kWh battery pack still in the works, will fit all models](https://longbridge.com/en/news/295243130.md)