In the latest trading session, 38.61 million NIO Inc ADR (NYSE:NIO) shares changed hands as the company’s beta touched 1.82. With the company’s most recent per share price at $4.54 changing hands around $0.27 or 6.32% at last look, the market valuation stands at $8.73B. NIO’s current price is a discount, trading about -69.82% off its 52-week high of $7.71. The share price had its 52-week low at $3.61, which suggests the last value was 20.48% up since then.
Analysts gave the NIO Inc ADR (NIO) stock a consensus recommendation rating of Buy, calculated at a mean rating of 2.23. If we narrow down to specifics, the data shows that 1 out of 21 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 8 recommended NIO as a Hold, 12 felt it is a Buy and 0 rated the stock as Underweight. NIO Inc ADR’s EPS for the current quarter is expected to be -2.36.
NIO Inc ADR (NYSE:NIO) trade information
Instantly NIO is in green as seen in intraday trades today. With action 3.42%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 4.13%, with the 5-day performance at 3.42% in the green. However, in the 30-day time frame, NIO Inc ADR (NYSE:NIO) is 6.32% up.
The consensus price target for the stock as assigned by Wall Street analysts is 6.35, meaning bulls need an upside of 28.5% from its recent market value. According to analyst projections, NIO’s forecast low is 5 with 8 as the target high. To hit the forecast high, the stock’s price needs a -76.21% plunge from its current level, while the stock would need to soar -10.13% for it to hit the projected low.
NIO Inc ADR (NIO) estimates and forecasts
Year-over-year growth is forecast to reach 23.00% up from the last financial year.
Consensus estimates given by 5 financial analysts project the company’s revenue in the current quarter to hit an average of 20.19B. 4 analysts are of the opinion that NIO Inc ADR’s revenue for the current quarter will be 16.73B. The company’s revenue for the corresponding quarters a year ago was 17.1B and 9.91B respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 18.06%. The estimates for the next quarter sales put growth at 68.80%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 30.22%. The 2025 estimates are for NIO Inc ADR earnings to increase by 11.94%, but the outlook for the next 5-year period is at 23.05% per year.
NIO Inc ADR (NYSE:NIO)’s Major holders
STATE STREET CORP holds the second largest percentage of outstanding shares, with 1.0733% or 21.94 million shares worth $91.27 million as of 2024-06-30.
Among Mutual Funds, the top two as of Nov 30, 2024 were SPDR Portfolio Emerging Markets ETF and Global X Fds-Global X Autonomous & Electric Vehicles ETF. With 1.62 shares estimated at $7.31 million under it, the former controlled 0.10% of total outstanding shares. On the other hand, Global X Fds-Global X Autonomous & Electric Vehicles ETF held about 0.07% of the shares, roughly 1.06 shares worth around $4.77 million.
