NIO Inc.
- Open
- 4.33
- Day high
- 4.41
- Day low
- 4.24
- Prev close
- 4.37
- Volume
- 44.1M
- Mkt cap
- $10.6B
- P/E (TTM)
- —
- EPS (TTM)
- —
- P/B
- 16.5
- P/S
- 0.7
- Yield
- —
- Per share
- —
NIO Inc. (NIO) is a Consumer Cyclical company listed on NYSE. The stock is down 34% over the past year. Drillr has 2 published research articles covering NIO.
NIO Inc. (NIO) financials & analyst ratings
Fundamentals (TTM)
Analyst consensus · 2 analysts
Source: exchange market data + company filings. Figures are trailing-twelve-month or as most recently reported. For informational purposes only — not investment advice.
NIO earnings date, history & EPS estimates
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| May 21, 2026 | $-0.08 | $-0.03 | +60.0% | $3.7B | +2.3% |
| Mar 10, 2026 | $-0.01 | $0.01 | +296.9% | $4.9B | +34.7% |
| Nov 25, 2025 | $-0.22 | $-0.21 | +5.5% | $3.1B | -1.3% |
| Sep 10, 2025 | $-0.31 | $-0.32 | -3.9% | $2.7B | -3.6% |
| Jun 3, 2025 | $-0.22 | $-0.45 | -104.5% | $1.7B | -4.2% |
| Mar 21, 2025 | $-0.33 | $-0.47 | -42.4% | $2.7B | -2.7% |
| Nov 20, 2024 | $-0.32 | $-0.36 | -12.5% | $2.7B | -3.4% |
| Sep 5, 2024 | $-0.46 | $-0.34 | +26.1% | $2.4B | +2.2% |
| Jun 6, 2024 | $-0.31 | $-0.36 | -16.1% | $1.4B | -5.9% |
| Mar 5, 2024 | $-0.51 | $-0.45 | +11.8% | $2.4B | -6.0% |
| Dec 5, 2023 | $-0.43 | $-0.37 | +14.0% | $2.6B | -0.9% |
| Aug 29, 2023 | $-0.36 | $-0.51 | -41.7% | $1.2B | -4.2% |
NIO insider trading activity (SEC Form 4)
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| Jun 1, 2026 | Qin Lihongdirector, officer: President | Option | 300,000 | — |
| Jun 1, 2026 | Qu Yuofficer: Chief Financial Officer | Tax | 100,000 | $5.60 |
| Jun 1, 2026 | Qu Yuofficer: Chief Financial Officer | Option | 200,000 | — |
| Jun 1, 2026 | Zhou Xinofficer: Executive Vice President | Tax | 100,000 | $5.60 |
| Jun 1, 2026 | Zhou Xinofficer: Executive Vice President | Option | 200,000 | — |
| Jun 1, 2026 | Qin Lihongdirector, officer: President | Tax | 150,000 | $5.60 |
| Feb 25, 2016 | CITIGROUP INC10 percent owner | Sell | 850 | $100000.00 |
| Sep 11, 2014 | ZIMMERMAN GIFFORD Rofficer: Chief Administrative Officer | Sell | 700 | $14.26 |
| Mar 20, 2013 | ZIMMERMAN GIFFORD Rofficer: Chief Administrative Officer | Buy | 700 | $14.80 |
| Mar 18, 2011 | BANK OF AMERICA CORP /DE/10 percent owner | Sell | 331 | $13.96 |
| Mar 18, 2011 | BANK OF AMERICA CORP /DE/10 percent owner | Sell | 1,824 | $13.60 |
| Mar 18, 2011 | BANK OF AMERICA CORP /DE/10 percent owner | Sell | 25 | $13.43 |
| Mar 18, 2011 | BANK OF AMERICA CORP /DE/10 percent owner | Buy | 25 | $13.41 |
| Mar 18, 2011 | BANK OF AMERICA CORP /DE/10 percent owner | Buy | 31 | $13.95 |
| Mar 18, 2011 | BANK OF AMERICA CORP /DE/10 percent owner | Buy | 300 | $13.96 |
Source: NIO SEC Form 4 filings, latest Jun 1, 2026. For informational purposes only — not investment advice.
See the full NIO insider & 13F page →NIO research & analysis
China Services Slowdown: BABA, NIO, PDD Ranked From Buy to Avoid
Anchored in Bloomberg's April 3 report on China's post-Lunar New Year services slowdown, this analysis ranks US-listed consumer stocks: PDD and JD as resilient buys, BABA neutral, and EV makers NIO/LI/XPEV as risks due to valuation and exposure. E-commerce value trumps auto growth in a softening demand environment.
BABAJDPDDS&P 500's Best Week in 4 Months: 6 Cross-Sector Winners to Buy Now
The S&P 500's strongest week in four months highlights cross-sector winners like MU, VLO, CF, NIO, NBIS, and IREN, each with strong recent gains, growth metrics, and thematic tailwinds. Ranked by conviction, they offer positioning for continued broadening. Key risks include macro slowdowns and sector rotations.
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NIO Inc. company profile
Overview
NIO Inc. (NYSE:NIO) is a Chinese electric vehicle manufacturer founded in 2014 and headquartered in Shanghai. Originally incorporated as NextEV Inc., the company changed its name to NIO in July 2017 and went public on the New York Stock Exchange in September 2018. NIO has established itself as a premium electric vehicle brand in China, focusing on smart electric vehicles with innovative battery swapping technology and comprehensive energy solutions. The company operates through multiple brands targeting different market segments and has expanded internationally to select European markets and the Middle East.
Business
NIO operates in the rapidly growing electric vehicle industry, which represents the automotive sector's transition from internal combustion engines to battery-powered vehicles. The electric vehicle market has experienced explosive growth in China, driven by government incentives, environmental regulations, and increasing consumer acceptance of electric mobility. The company's core business revolves around three distinct vehicle brands. NIO brand represents the premium segment, offering luxury electric SUVs and sedans priced above RMB 300,000 (approximately $42,000), targeting affluent consumers who value advanced technology and premium experiences. This segment generates the majority of revenue, with NIO holding approximately 40% market share in China's premium battery electric vehicle segment. ONVO brand targets the mainstream family market with more affordable vehicles, launched in 2024 with the L60 model. This brand aims to compete directly with Tesla's Model Y and other mass-market electric vehicles, offering battery swapping capabilities at competitive prices. ONVO represents NIO's strategy to capture volume sales in the broader electric vehicle market. Firefly brand focuses on the compact car segment, designed for urban mobility and younger consumers. Launched in late 2024, this brand addresses the growing demand for smaller, more affordable electric vehicles in Chinese cities. Beyond vehicle manufacturing, NIO has developed a comprehensive ecosystem of energy and service solutions. NIO Power operates an extensive network of battery swapping stations, charging infrastructure, and mobile charging services. The company's Power Swap technology allows users to exchange depleted batteries for fully charged ones in approximately three minutes, addressing range anxiety and charging time concerns that traditionally hindered electric vehicle adoption. The company also provides various services including vehicle financing, insurance, maintenance, used vehicle sales through NIO Certified, and subscription-based software features. These ancillary services contribute approximately 15% of total revenue through the "Other Sales" segment, which includes power solutions, service packages, and digital offerings.
Competitive moat
NIO's competitive moat centers primarily on its comprehensive battery swapping ecosystem and premium brand positioning in China's electric vehicle market. The company has built the world's largest battery swapping network with over 3,245 stations globally, creating significant switching costs for customers who invest in this infrastructure. This network effect becomes stronger as more users join, making the service more valuable and convenient for all participants. The battery swapping technology represents NIO's strongest differentiator, addressing the primary consumer concerns about electric vehicles: charging time and range anxiety. While competitors focus on faster charging solutions, NIO's three-minute battery swap provides a unique value proposition that's difficult to replicate quickly due to the substantial infrastructure investment required. Brand premium positioning in China's luxury electric vehicle segment provides some protection, with NIO maintaining approximately 40% market share among vehicles priced above RMB 300,000. The company has successfully cultivated a lifestyle brand through NIO Houses, community events, and comprehensive service offerings that extend beyond vehicle ownership. However, NIO's moat faces significant challenges. Intense competition from both domestic manufacturers like BYD, Li Auto, and XPeng, as well as international players like Tesla, creates pricing pressure and market share erosion risks. Technology commoditization in electric vehicles means that advanced features like autonomous driving and smart connectivity are becoming standard across the industry, reducing differentiation advantages. The capital-intensive nature of battery swapping infrastructure limits scalability and requires continuous investment to maintain network advantages. Government policy dependencies in China's electric vehicle market create regulatory risks that could impact competitive positioning. Additionally, international expansion challenges mean that NIO's domestic market advantages may not translate effectively to global markets, where different infrastructure, consumer preferences, and competitive dynamics exist. Overall, NIO possesses a moderate moat that provides some competitive protection in its home market but faces ongoing pressure from well-funded competitors and rapidly evolving technology standards.
Risks & safety
NIO's margin of safety appears limited based on current financial metrics and cash burn patterns. Liquidity and Solvency: • Cash and short-term investments: $2.6 billion as of Q4 2024 • Current ratio: 0.99, indicating tight working capital position • Debt-to-equity ratio: 5.67, showing high leverage • Free cash flow: -$2.3 billion in 2024, indicating substantial cash burn • Operating cash flow: -$1.1 billion in 2024 Valuation Metrics: • Price-to-book ratio: 10.96, suggesting high valuation relative to book value • EV/EBITDA: -5.74 (negative due to losses) • Return on equity: -379.7%, reflecting significant losses relative to shareholder equity Other Considerations: • Company targeting breakeven by Q4 2025, requiring significant operational improvements • Net losses of $3.1 billion in 2024, though improving quarterly trends • High R&D spending of approximately $3 billion annually necessary for competitiveness • Dependence on external financing for continued operations and growth investments
Recent development
Over the past few years, NIO has undergone significant strategic evolution from a single premium brand to a multi-brand portfolio company. The most notable development has been the launch of ONVO brand in 2024, targeting the mainstream family market with the L60 model. This represents NIO's strategic pivot toward volume growth beyond the premium segment, directly competing with Tesla's Model Y. The company introduced Firefly brand in late 2024, focusing on the compact urban vehicle segment. This three-brand strategy allows NIO to address different price points and consumer segments: NIO for premium luxury, ONVO for mainstream families, and Firefly for urban compact mobility. Technology advancement has been another key focus area. NIO developed its proprietary smart driving chip NX9031, launched the SkyOS operating system, and introduced Banyan 3 smart system. The company has made significant progress in autonomous driving capabilities, with over 610,000 users actively using smart driving features and 78.4% activation rate for "Navigate on Pilot" functionality. Infrastructure expansion continues to be a strategic priority. NIO's power swap network grew from 1,331 stations in 2022 to over 3,245 stations by 2024, with plans to expand coverage to all Chinese counties by mid-2025. The company has also formed partnerships with other manufacturers including Changan, Geely, JAC, and Chery to expand battery swapping adoption across the industry. International expansion has progressed selectively, with NIO entering European markets and beginning operations in the UAE. However, the company has adopted a cautious approach to global expansion, focusing primarily on the domestic Chinese market while testing international waters with limited volume commitments. Financial strategy has evolved toward profitability focus, with management targeting breakeven by Q4 2025 and implementing cost management initiatives while maintaining necessary R&D investments for competitive positioning.
NIO company profile · for informational purposes only — not investment advice.
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