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NIONIO Inc.
$3.67$8.8B
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
Financial Statements
Income StatementBalance SheetCash FlowRatios & Margins
Performance
P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
Discovery & Screens
Live BreakoutsStock ScreenerOwnership
NIO logo

NIO Inc.

NIO
NYSE · Auto Manufacturers
$3.67
At close - Sep 21, 4:00 PM EDT - USD
Market Cap$8.65B
P/E-3.7x
52W High$8.02
Volume22.68M
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q2

Accelerating Revenue Growth Masked by Persistent Cash Burn

NIO's Q2 2026 revenue surged 69.2% year-over-year to $32.2B with gross margins expanding to 18.4%, suggesting successful product mix and pricing initiatives. However, this top-line acceleration has not translated to profitability, as operating losses of -$663....

GrowthAccelerating
ProfitabilityStrained
ValuationReview
TechnicalsWeak
Explore valuation models
MARKET ACTION

NIO price & volume

Price trend, volume and key moving averages

Launch Terminal
Loading chart...
Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

7/12 Beats

EPS beat 7 of last 12 quarters

02

Valuation risk

-105% Peers

P/E is 105% below peer median

03

Market leadership

RS 13 · Lag

Laggard (Underperforming 87% of market)

04

Weak Trend

Below 200DMA

Price < 200DMA

Next CatalystEstimated earnings · Dec 1
01

Build the investment case

Start with the evidence for owning the stock and the risks that can break the thesis.

EXECUTIVE THESIS

The Investment Case

Full Analysis
Fundamental Trajectory

NIO's revenue growth accelerated sharply to 69.2% year-over-year in Q2 2026, with gross margins expanding to 18.4%, yet operating losses persisted at -$663.7M as SG&A expenses of $4.4B outpaced the gross profit improvement.

Analyst Consensus+67.5% target
Buy(24 analysts)
12 Buy10 Hold2 Sell

The Bull Case

Upside Catalysts

Premium EV market leader

NIO is a leading electric vehicle maker targeting the premium segment with smart, high-performance vehicles.

User Enterprise vision

NIO aims to be the first 'User Enterprise' in the world, focusing on customer-centric innovation and experience.

Multi-brand growth strategy

NIO is executing a multi-brand growth strategy, including expansion into ONVO and FIREFLY, driving optimism.

The Bear Case

Key Downside Risks

Market performance

Price History →

Trailing total returns as of 9/23/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
NIO-28.60%
S&P 500 (^GSPC)+13.22%
1-Year Return
NIO-46.89%
S&P 500 (^GSPC)+15.99%
3-Year Return
NIO-56.57%
S&P 500 (^GSPC)+102.00%
5-Year Return
NIO-89.48%
S&P 500 (^GSPC)+79.44%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/E
-3.8x
Forward P/E
N/A
EV/EBITDA
N/A
FCF YieldCash Flow
N/A

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
-3.8x
N/A
N/A
EV/EBITDA
N/A
N/A
N/A
Price/FCF
N/A
N/A
N/A
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
Bear$3.39-7.6%
Base (Fair)$6.14+67.8%
Bull$9.21+151.0%
$3.39 Bear$6.14 Base$9.21 Bull
Current Market Price: $3.67
Trades at a 40.2% discount to Base DCF ($6.14)
Open DCF & Valuation Models →Chart Terminal ↗

Growth & profitability

Annual revenue & EPS trend
Revenue
$85.1B+29.5% YoY
Net income
-$14.55B+35.8% YoY
Free cash flow
-$3.07B+81.9% YoY
Operating margin
-16.9%+16.4 pts YoY
ROIC (TTM)-52.7%
Avg ROIC 5Y-
ROE (TTM)-111.1%
Piotroski Score6 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate7/12 (58%)
Revenue Beat Rate2/12 (17%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q4 2026Latest
Sep 1, 2026
-$0.04+42.9%
vs -$0.07
$4.7B-1.4%
vs $4.8B
Q2 2026
May 21, 2026
-$0.03+60.0%
vs -$0.07
$3.7B+0.3%
vs $3.7B
Q2 2026
Mar 10, 2026
$0.01+120.0%
vs -$0.05
$5.0B+3.8%
vs $4.8B
Q4 2025
Nov 25, 2025
-$0.16+28.6%
vs -$0.22
$3.1B-1.7%
vs $3.1B
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

5 Stories
Defense World·3d ago
NIO (NYSE:NIO) Trading Up 1.2% – What’s Next?

Shares of NIO Inc. (NYSE: NIO - Get Free Report) rose 1.2% during mid-day trading on Friday. The company traded as high as $3.72 and last traded at $3.6650. Approximately 26,935,612 shares changed hands during trading, a decline of 29% from the average daily volume of 37,682,449 shares. The stock had previously closed at $3.62.

24/7 Wall Street·5d ago
NIO Just Dropped 20% in a Month. Is It Time to Sell?

Nio (NYSE:NIO | NIO Price Prediction) shares are down 20% over the past month, trading at $3.67, well behind peers. Nio stock is up 2% in Friday afternoon trading.

Zacks Investment Research·6d ago
Here is What to Know Beyond Why NIO Inc. (NIO) is a Trending Stock

NIO (NIO) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

The Motley Fool·6d ago
Down 91%, Is Nio Stock an Undervalued Stock to Buy on the Dip?

EV demand is rising as oil prices soar.

Filtered for NIO Inc.More Headlines
04

Compare before deciding

Benchmark NIO against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for NIO Inc. (NIO)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
NIO logoNIONIO Inc.Current
$3.67$8.65B-3.7029.47%-17.1%-111.06%—
LI logoLILi Auto Inc.
$11.52$11.63B74.18-24.4%-1.09%-1.71%—
XPEV logoXPEVXPeng Inc.
$10.47$9.95B-29.4682.62%-5.45%-12.75%—
TSLA logoTSLATesla, Inc.
$375.21$1.48T347.42-2.93%3.68%4.55%—
GM logoGMGeneral Motors Company
$83.95$75.93B25.67-1.29%1.03%2.95%—
F logoFFord Motor Company
$13.18$52.56B-6.401.23%-3.93%-18.89%—

Compare NIO vs Peers

NIO Inc. (NIO) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs LI

Most directly comparable listed peer for NIO.

Scale Benchmark

vs TSLA

Larger-name benchmark to compare NIO against a more recognizable public peer.

Peer Set

Compare Top 5

vs LI, XPEV, TSLA, GM

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NIO Frequently Asked Questions

NIO Inc. (NIO) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is NIO Inc.'s revenue?

NIO Inc. (NIO) reported $82.92B in revenue for fiscal year 2025.

How fast is NIO Inc. growing?

NIO Inc. (NIO) grew revenue by 29.5% over the past year. This is strong growth.

Is NIO profitable?

NIO Inc. (NIO) reported a net loss of $19.69B for fiscal year 2025.

Dividend & Returns
What is NIO's return on equity?

NIO Inc. (NIO) has a return on equity (ROE) of -111.1%. Negative ROE indicates the company is unprofitable.

What is NIO Inc.'s free cash flow?

NIO Inc. (NIO) had negative free cash flow of $16.50B in fiscal year 2025, likely due to heavy capital investments.

What if you invested $1,000 in NIO back in 2016?

Total return calculator · dividends reinvested · 10+ years of data

See returns →