About NIO
NIO Inc. designs, develops, manufactures, and sells smart electric vehicles in China. It offers five and six-seater electric SUVs, as well as smart electric sedans. The company also offers power solutions, including Power Home, a home charging solution; Power Swap, a battery swapping service; Power Charger and Destination Charger; Power Mobile, a mobile charging service through charging vans; Power Map, an application that provides access to a network of public chargers and their real-time information; and One Click for Power valet service. In ... [Read more]
Industry Auto Manufacturers
Sector Consumer Discretionary
IPO Date Sep 12, 2018
Employees 32,820
Stock Exchange NYSE
Ticker Symbol NIO
Full Company Profile
Financial Performance
In 2023, NIO Inc.'s revenue was 55.62 billion, an increase of 12.89% compared to the previous year's 49.27 billion. Losses were -21.15 billion, 45.2% more than in 2022.
Financial numbers in CNY Financial Statements
Analyst Forecast
According to 12 analysts, the average rating for NIO stock is "Buy." The 12-month stock price forecast is $8.03, which is an increase of 85.45% from the latest price.
Price Target
$8.03
(85.45% upside)
Analyst Consensus: Buy
Stock Forecasts
News
Chinese EV stocks surge after EU slaps up to 38% additional import tariffs
Shares of Chinese EV makers mostly surged on Thursday morning after the EU slapped higher tariffs of up to 38% on Chinese EVs a day earlier. "The move is modest compared with the stiff 100% tariffs on...
Other symbols: BYDDFBYDDYGELYFLIXPEV
2 days ago - CNBC
China hopes EU will reconsider EV tariffs, state media reports
China hopes the European Union will seriously reconsider tariffs for Chinese EVs and stop going further in the "wrong direction", according to a commentary in state-backed news Xinhua.
Other symbols: BYDDFBYDDYLIXPEV
2 days ago - Reuters
EU to impose tariffs of up to 38% on Chinese EVs
The European Union (EU) has announced that it will impose tariffs of up to 38% on Chinese EV imports beginning on July 4. Yahoo Finance Autos Reporter Pras Subramanian joins Catalysts to break down th...
Other symbols: BYDDFBYDDYGELYFLIXPEV
2 days ago - Yahoo Finance
EU to hit Chinese electric cars with tariffs of up to 38%
The European Union warned on Wednesday it would slap additional tariffs of up to 38 percent on Chinese electric car imports from next month after an anti-subsidy probe, a move that risks provoking a b...
Other symbols: BYDDFBYDDYLIXPEV
2 days ago - TechXplore
E.U. to Impose Higher Tariffs on Chinese E.V.s
The E.U. is to impose higher tariffs on Chinese electric vehicles. Renita Young discusses this as the E.U.
Other symbols: BYDDFBYDDYLIXPEV
2 days ago - Schwab Network
Europe's automakers fret as China EV tariff fears become reality
The European Commission's decision to slap tariffs on imported Chinese EVs could have far-reaching effects for European automakers, as a possible trade war would hurt not only their business in China ...
Other symbols: BMWYYBYDDFBYDDYMBGYYRNLSYVWAGY
2 days ago - Reuters
Chinese EV Makers Face Huge Tariffs in Europe Over Subsidies From Beijing
The blowback against China's support of its electric vehicle (EV) industry continued as the European Union (EU) on Wednesday threatened to slap big new tariffs on Chinese EV imports.
Other symbols: LI
2 days ago - Investopedia
Nio remains committed to Europe despite increased tariffs
Nio Inc (NYSE: NIO) is slipping in premarket on Wednesday after the European Union announced a significant increase in tariffs on Chinese electric vehicles. Details of new EU tariffs on $NIO The bloc...
2 days ago - Invezz
Stocks of Nio and BYD fall after Europe's new tariff plans
Shares of Nio Inc. and BYD Co. Ltd. fell Wednesday, following news that the European Commission plans to impose new tariffs on EVs from China of up to 38%.
Other symbols: BYDDFBYDDY
2 days ago - Market Watch
China's Nio says commitment to Europe EV market 'unwavering' despite tariff increase
Chinese electric vehicle maker Nio strongly opposes the European Union's use of increased tariffs as a strategy to obstruct the normal global electric vehicle trade but its commitment to Europe's EV m...
2 days ago - Reuters
China EV Stocks Suffer Amid Tariff Fears. BYD, NIO, XPeng, Others Face Further Hit.
Li Auto, Geely Automotive ADRs fell as Turkey imposed new levies on imports and there are fears the EU will follow suit.
Other symbols: BYDDFBYDDYXPEV
3 days ago - Barrons
Nio stock price forecast: buy the dip or sell the rip?
Nio (NASDAQ: NIO) stock price's plot thickened after the company published another set of financial results. It crashed to a low of $4.83 last week, bringing the year-to-date losses to 46.75%.
5 days ago - Invezz
Giant Fund Bought Up Apple, Tesla, NIO Stock. It Sold Ford and GM.
Canada Pension Plan loaded up on Apple, Tesla, and NIO when they were weak in the first quarter. It slashed positions in Ford and GM.
Other symbols: AAPLFGMTSLA
5 days ago - Barrons
Chinese electric car company Nio to enter Middle East this year amid global expansion by peers
Chinese EV company Nio plans to expand to the Middle East this year, CEO William Li said on an earnings call Thursday, adding that deliveries of its lowest-priced brand will start in the first half of...
8 days ago - CNBC
Nio (NIO) Shares Fall After Earnings
Nio's (NIO) 1Q adjusted EPS came in at -$0.33 versus an estimated -$0.31 and revenue came in at $1.37B versus an estimated $1.48B. Olivier Blanchard and Phillip Wool break down Nio's earnings.
8 days ago - Schwab Network
Nio (NIO) Falls after Earnings
Nio (NIO) shares fall after earnings. Its 1Q adjusted EPS came in at -$0.33 versus an estimated $0.31.
8 days ago - Schwab Network
Melexis to produce all of NIO's current chips for traction inverters
Melexis will provide Chinese car manufacturer NIO with current sensor chips for its traction inverter system, it said on Thursday, becoming the latest European supplier to partner with a Chinese autom...
8 days ago - Reuters
Nio Falls on Wider-Than-Expected Loss, Fewer Deliveries
Chinese electric vehicle (EV) maker Nio (NIO) reported first-quarter results below expectations Thursday, falling short on revenue and posting a wider loss than analysts had expected, sending the comp...
8 days ago - Investopedia
NIO Loss Widens on Lower EV Sales but Expects Stronger Second Quarter
The Chinese EV maker 's net loss widened in the first quarter, with electric-vehicle sales off to a seasonally slow start.
8 days ago - WSJ
NIO Misses Earnings Estimates and the Stock Falls. Why It's Not All Bad.
Thursday morning, NIO announced a first-quarter per-share loss of 36 cents from sales of $1.4 billion. Wall Street was looking for a 33-cent loss from sales of $1.5 billion, respectively, according to...
8 days ago - Barrons
Nio's stock drops as losses were wider than forecast and sales missed
Shares of Nio Inc. were hit hard Wednesday, after the China-based electric vehicle maker reported first-quarter results that missed the mark amid “intensifying competition,” but did provide an upbeat ...
8 days ago - Market Watch
Nio falls short of revenue estimates in its fiscal Q1
Nio Inc (NYSE: NIO) is trading down in premarket on Thursday after coming in shy of revenue estimates for its fiscal first quarter. Nio beats estimates for the bottom line in Q1 The electric vehicles...
8 days ago - Invezz
China's Nio expects Q2 EV sales to more than double
Chinese electric vehicle maker Nio said on Thursday that it expected its EV deliveries in the second quarter to more than double from a year ago to between 54,000 and 56,000.
8 days ago - Reuters
NIO Inc. Reports Unaudited First Quarter 2024 Financial Results
SHANGHAI, June 06, 2024 (GLOBE NEWSWIRE) -- NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (“NIO” or the “Company”), a pioneer and a leading company in the premium smart electric vehicle market, today ann...
8 days ago - GlobeNewsWire
Exclusive: EV maker Nio gets regulatory nod for third factory in China, sources say
Electric vehicle maker Nio has won approval to build a third factory in China that would boost its total approved production capacity to 1 million cars, almost at par with Tesla's massive Shanghai pla...
10 days ago - Reuters