In the latest trading session,, 20.48 million NIO Inc ADR (NYSE:NIO) shares changed hands as the company’s beta touched 1.74. With the company’s most recent per share price at $3.05 changed hands at -$0.09 or -2.87% at last look, the market valuation stands at $5.87B. NIO’s current price is a discount, trading about -152.79% off its 52-week high of $7.71. The share price had its 52-week low at $3.02, which suggests the last value was 0.98% up since then. When we look at NIO Inc ADR’s average trading volume, we note the 10-day average is 71.84 million shares, with the 3-month average coming to 58.29 million.
Analysts gave the NIO Inc ADR (NIO) stock a consensus recommendation rating of Buy, calculated at a mean rating of 2.43. 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 -2.66.
NIO Inc ADR (NYSE:NIO) trade information
Instantly NIO was in red as seen in intraday trades today. With action -19.74%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -30.05%, with the 5-day performance at -19.74% in the red. However, in the 30-day time frame, NIO Inc ADR (NYSE:NIO) is -41.57% down. Looking at the short shares, we see there were 180.54 million shares sold at short interest cover period of 2.56 days.
The consensus price target for the stock as assigned by Wall Street analysts is 5.4, meaning bulls need an upside of 43.52% from its recent market value. According to analyst projections, NIO’s forecast low is 4.2 with 6.6 as the target high. To hit the forecast high, the stock’s price needs a -116.39% plunge from its current level, while the stock would need to soar -37.7% for it to hit the projected low.
NIO Inc ADR (NIO) estimates and forecasts
Year-over-year growth is forecast to reach 38.57% up from the last financial year.
Consensus estimates given by 4 financial analysts project the company’s revenue in the current quarter to hit an average of 12.46B. 4 analysts are of the opinion that NIO Inc ADR’s revenue for the current quarter will be 19.98B. The company’s revenue for the corresponding quarters a year ago was 9.91B and 17.45B respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 25.74%. The estimates for the next quarter sales put growth at 14.54%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 0.91%. The 2025 estimates are for NIO Inc ADR earnings to increase by 17.31%, but the outlook for the next 5-year period is at 25.59% per year.
NIO Inc ADR (NYSE:NIO)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 2.49% of NIO Inc ADR shares while 9.56% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 9.81%. There are 9.56% institutions holding the NIO Inc ADR stock share, with BLACKROCK INC. the top institutional holder. As of 2024-06-30, the company held 2.9499% of the shares, roughly 60.47 million NIO shares worth $251.55 million.
STATE STREET CORP holds the second largest percentage of outstanding shares, with 1.0703% or 21.94 million shares worth $91.27 million as of 2024-06-30.
Among Mutual Funds, the top two as of Feb 28, 2025 were SPDR INDEX SHARES FUNDS-SPDR(R) Portfolio Emerging Markets ETF and Invesco Exchange-Traded Fund Trust-Invesco Golden Dragon China ETF . With 1.68 shares estimated at $5.19 million under it, the former controlled 0.11% of total outstanding shares. On the other hand, Invesco Exchange-Traded Fund Trust-Invesco Golden Dragon China ETF held about 0.07% of the shares, roughly 1.09 shares worth around $3.36 million.
