30 Facts About Nio Stock

Company Overview

Nio Inc., a Shanghai-based electric vehicle (EV) manufacturer, has rapidly grown since its founding in 2014. Known for its innovative designs and cutting-edge technology, Nio has become a significant player in the EV market, especially in China.

1. Nio Inc. specializes in designing, manufacturing, and selling electric vehicles.
2. The company went public in 2018, marking a significant milestone in its journey.
3. Nio has become one of the leading EV manufacturers in China.

Financial Performance

Understanding Nio's financial performance provides insight into its market position and future potential. Let's explore some key financial metrics.

4. The consensus earnings estimate for the next fiscal year is -$1.03, a 28.1% improvement from the previous year.
5. Shares of Nio have returned -9.5% over the past month, contrasting with the Zacks S&P 500 composite's +3.2% change.
6. The Zacks Automotive – Foreign industry, which includes Nio, has lost 2% over the same period.

Current Quarter and Revenue Growth

Nio's current quarter performance and revenue growth forecasts are crucial indicators of its financial health and market expectations.

7. Nio is expected to post a loss of $0.46 per share for the current quarter, a 9.8% improvement from the previous year.
8. The consensus sales estimate for the current quarter is $2.35 billion, a 94.5% year-over-year increase.
9. For the current fiscal year, the revenue estimate is $9.17 billion, a 17.8% increase.
10. The next fiscal year's revenue estimate is $15.26 billion, a 66.4% increase.

Last Reported Results and Surprise History

Examining Nio's last reported results and its history of meeting or exceeding expectations can provide valuable context for investors.

11. Nio reported $1.37 billion in revenue in the last quarter, an 11.7% year-over-year decrease.
12. The EPS for the same period was -$0.36, compared to -$0.42 a year ago.
13. The reported revenues were 7.42% below the Zacks Consensus Estimate of $1.48 billion.
14. The EPS surprise was -16.13% compared to the consensus estimate.

Consensus EPS Estimates

Nio's ability to meet or exceed consensus EPS estimates can influence investor confidence and stock performance.

15. Over the last four quarters, Nio surpassed consensus EPS estimates twice.
16. The company topped consensus revenue estimates only once in the same period.

Zacks Value Style Score

The Zacks Value Style Score helps identify whether a stock is overvalued, rightly valued, or temporarily undervalued.

17. Nio is graded D on the Zacks Value Style Score, indicating it is trading at a premium to its peers.

Recent Investment Deal

Strategic investments can significantly impact a company's growth and market position. Nio recently secured a substantial investment.

18. Nio's stock surged after disclosing a new investment of RMB3.3 billion ($470.7 million) in cash for newly issued shares of Nio Holding Co. Ltd.
19. Nio will invest RMB10 billion ($1.43 billion) for new Nio China shares.

Equity Interest in Nio China

Understanding Nio's ownership structure in Nio China is crucial for assessing its control and influence.

20. After the investments, Nio will have an 88.3% equity interest in Nio China.
21. Strategic investors will own the remaining 11.7%.
22. Nio has the right to invest an additional RMB20 billion ($2.85 billion) in Nio China shares by Dec. 31, 2025.

Stock Rally

Nio's stock has experienced significant fluctuations, influenced by various factors, including market trends and government policies.

23. Nio's stock ran up 13.8% in premarket trading after surging 12.8% on a previous Friday.
24. The stock was on track to open at the highest prices since mid-January.
25. Nio's stock has already run up 61.4% in September.

Government Stimulus Measures

Government policies and stimulus measures can significantly impact a company's stock performance.

26. The surge in Nio's stock has been fueled by China's government stimulus measures to boost the economy and attract investors.
27. The iShares China Large-Cap ETF FXI climbed 2.4% in Monday's premarket after rocketing a record 18.5% the previous week.

Golden Week Holiday

Market closures and holidays can also influence stock performance and investor behavior.

28. China's stock market will be closed from Oct. 1 to Oct. 7 for the China National Day celebrations, known as the Golden Week holiday.

Stock Price Gain

Nio's stock price has seen significant gains, reflecting investor confidence and market trends.

29. Since Aug. 7, when Nio's stock closed at its lowest price ($3.67) since May 22, 2020, the stock was set to open Monday with a 102% gain.

Breakout from Downtrend

Nio shares have broken out of a long-term downtrend, indicating potential for future growth.

30. Nio shares broke out of a long-term downtrend and are poised for significant near-term appreciation due to Chinese market revaluation and other factors.

Nio's Promising Future

Nio Inc. has made waves in the electric vehicle market, especially in China. With strong financial performance, strategic investments, and government support, Nio's stock has seen significant growth. The company's recent investment deals and the launch of its new mass-market brand, Onvo, show its commitment to innovation. Nio's ability to deliver over 20,000 EVs for four straight months highlights its production capabilities. Despite some challenges, the company's future looks bright. Investors are optimistic, and Nio's stock has surged recently. With a solid cash reserve and strategic backing, Nio is well-positioned for continued success. Keep an eye on Nio as it continues to innovate and expand in the competitive EV market.