NIO Inc. (NIO) AI Stock Analysis

NIO Inc., founded in 2014 and headquartered in Shanghai, designs, develops, manufactures, and sells smart electric vehicles for the Chinese market. Its portfolio features electric SUVs in diverse seating configurations along with smart electric sedans incorporating advanced technology. The company also provides power and service packages, such as Power Home home charging, Power Mobile charging vans, and Power Charger fast charging. Additionally, NIO operates the Power Swap battery swapping network and manages in-house e-powertrain manufacturing, battery pack development, and component production. Its customer ecosystem includes repair, insurance coverage, auto financing, and the NIO Certified used vehicle program.

NIO delivered a 5-year revenue CAGR of 40.0% from FY2020 to FY2025. Annual revenue expanded from $36.14B in FY2021 to $49.27B in FY2022, $55.62B in FY2023, $65.73B in FY2024, and $87.49B in FY2025, representing 33.1% growth. Gross margin improved to 13.6% in FY2025, up from 9.9% in FY2024, while operating margin was -16.0% compared to -33.3% in FY2024. Net income was -$14.96B in FY2025 with an EPS of -$5.71. For the latest quarter ending June 30, 2026, quarterly revenue grew 69.1% year-over-year, bringing trailing twelve-month revenue to $114.11B with a net profit margin of -4.2%.

As of June 30, 2026, NIO held $56.62B in cash and short-term investments against total debt of $29.01B, resulting in net cash of $27.61B. Total assets stood at $136.26B, while shareholders' equity was $4.07B, yielding a debt-to-equity ratio of 7.13 and a current ratio of 1.02. In FY2025, operating cash flow turned positive at $2.99B, but capital expenditures of $6.07B led to free cash flow of -$3.07B. Additionally, share issuance totaled $11.95B in FY2025, contributing to a 5-year share count increase of 55.3%.

At a share price of $3.43, NIO carries a market capitalization of $8.59B and an enterprise value of $7.13B. The stock trades at a price-to-sales multiple of 0.1x, below the 0.7x median for its US-listed Consumer Cyclical peers. Its forward P/E ratio is 64.9x, compared to the peer median of 14.1x. Over the past year, NIO shares fell 49.8%, while the S&P 500 gained 16.8%. Over a 5-year period, NIO declined 90.9% against an 83.0% return for the index benchmark.

Wall Street coverage includes 11 Strong Buy, 5 Buy, 6 Hold, 1 Sell, and 0 Strong Sell ratings. The mean price target is $6.26, representing an 82.6% upside from the last close of $3.43. NIO beat EPS estimates in each of the last 4 quarters. For the fiscal year ending December 31, 2026, consensus estimates project revenue of $128.27B and an EPS of -$0.24. For the next fiscal year, 10 analysts estimate revenue will reach $152.82B with positive EPS of $0.85. The next earnings date is November 24, 2026.

This page is an AI-written research summary of NIO Inc. (NIO). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

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