NIO Inc ADR [NYSE: NIO] slipped around -0.11 points on Friday, while shares priced at $3.51 at the close of the session, down -3.04%.
Compared to the average trading volume of 45.77M shares, NIO reached a trading volume of 39138340 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about NIO Inc ADR [NIO]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for NIO shares is $4.95 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on NIO stock is a recommendation set at 2.34. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
JP Morgan have made an estimate for NIO Inc ADR shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on February 04, 2025. The new note on the price target was released on January 07, 2025, representing the official price target for NIO Inc ADR stock. Previously, the target price had yet another drop from $4.80 to $3.90, while Goldman kept a Sell rating on NIO stock. On November 20, 2024, analysts decreased their price target for NIO shares from 6.60 to 4.80.
The Average True Range (ATR) for NIO Inc ADR is set at 0.17, with the Price to Sales ratio for NIO stock in the period of the last 12 months amounting to 0.72.
How has NIO stock performed recently?
NIO Inc ADR [NIO] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -3.31. With this latest performance, NIO shares dropped by -15.01% in over the last four-week period, additionally sinking by -26.42% over the last 6 months – not to mention a drop of -21.30% in the past year of trading.
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NIO Inc ADR [NIO]: Deeper insight into the fundamentals
NIO Inc ADR’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.69 and a Current Ratio set at 0.84.
Earnings analysis for NIO Inc ADR [NIO]
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for NIO. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for NIO Inc ADR go to 31.65%.
Insider trade positions for NIO Inc ADR [NIO]
The top three institutional holders of NIO stocks are: BLACKROCK INC. with ownership of 60.47 million shares, which is approximately 2.9499%. STATE STREET CORP, holding 21.94 million shares of the stock with an approximate value of $$91.27 million in NIO stocks shares; and STATE STREET CORP, currently with $$65.55 million in NIO stock with ownership which is approximately 0.7687%.
