NIO Shares Rise 1% After Barclays Adjusts Price Target

NIO Inc. (NYSE:NIO) saw its shares increase by 1% on Friday following an upgrade from Barclays, which raised its price target from $3.00 to $4.00. Despite this adjustment, Barclays maintains an underweight rating for the stock. NIO shares reached a high of $5.63 during the trading session and last traded at $5.5150.

Trading volume was notable, with 30,129,966 shares exchanged, marking a 49% decline from the average session volume of 59,581,984 shares. The stock had closed the previous day at $5.46. This fluctuation in trading activity reflects ongoing investor interest amid a series of recent evaluations by various financial institutions.

Analyst Ratings and Price Targets

NIO has attracted attention from multiple analysts. On September 3, Bank of America increased its price target from $5.00 to $7.10 while assigning a “neutral” rating. The Goldman Sachs Group reiterated a “neutral” rating and set a target price of $7.00 on October 30. In contrast, JPMorgan Chase & Co. upgraded NIO from a “neutral” rating to an “overweight” rating, increasing its price target from $4.80 to $8.00 on August 26. Macquarie also set a price objective of $5.30.

Overall, three equity research analysts have issued a Buy rating, eight have recommended holding the stock, and two have rated it as a Sell. According to MarketBeat, NIO Inc. currently holds an average rating of “Hold” and a consensus target price of $6.73.

NIO’s Financial Overview

As of now, NIO has a market capitalization of $11.51 billion, a price-to-earnings ratio of -3.80, and a beta of 1.46. The company’s debt-to-equity ratio stands at 2.36, with a quick ratio of 0.71 and a current ratio of 0.94. Its 50-day simple moving average is $6.83, while the two-hundred day simple moving average is $5.36.

NIO reported its latest quarterly earnings on September 2. The company posted an earnings per share (EPS) of ($0.32), falling short of the consensus estimate of ($0.30) by $0.02. Revenue for the quarter reached $2.65 billion, significantly lower than analysts’ expectations of $20.07 billion. The company recorded a negative net margin of 31.17% and a staggering negative return on equity of 1,085.61%.

Despite these challenges, NIO’s revenue for the quarter increased by 9.0% compared to the same period last year, when the company reported an EPS of ($2.21). NIO has set its guidance for Q3 2025 at EPS, with sell-side analysts projecting an average EPS of ($1.43) for the current fiscal year.

NIO Inc. designs, manufactures, and sells electric vehicles in the People’s Republic of China. The company also engages in producing e-powertrains, battery packs, and components, along with offering power solutions for battery charging needs and other value-added services.