297,371 Shares in NIO Inc. $NIO Acquired by Centaurus Financial Inc.

Centaurus Financial Inc. purchased a new stake in NIO Inc. (NYSE:NIO) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 297,371 shares of the company’s stock, valued at approximately $1,793,000.

Other hedge funds have also recently made changes to their positions in the company. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in shares of NIO by 3,966.7% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 5,316,291 shares of the company’s stock worth $20,255,000 after buying an additional 5,185,565 shares in the last quarter. Franklin Resources Inc. grew its position in NIO by 50.9% during the second quarter. Franklin Resources Inc. now owns 17,707 shares of the company’s stock worth $61,000 after buying an additional 5,974 shares in the last quarter. Invesco Ltd. increased its stake in NIO by 22.7% in the 2nd quarter. Invesco Ltd. now owns 2,738,308 shares of the company’s stock worth $9,392,000 after acquiring an additional 506,618 shares during the last quarter. First Trust Advisors LP increased its stake in NIO by 67.4% in the 2nd quarter. First Trust Advisors LP now owns 73,280 shares of the company’s stock worth $251,000 after acquiring an additional 29,501 shares during the last quarter. Finally, AXA S.A. purchased a new stake in shares of NIO in the 2nd quarter valued at about $64,000. 48.55% of the stock is currently owned by hedge funds and other institutional investors.

NIO Stock Up 1.4%

Shares of NYSE:NIO opened at $4.83 on Friday. The stock has a market capitalization of $11.98 billion, a P/E ratio of -8.77 and a beta of 0.90. The stock’s 50-day moving average price is $5.08 and its 200-day moving average price is $5.36. The company has a current ratio of 1.01, a quick ratio of 0.90 and a debt-to-equity ratio of 1.94. NIO Inc. has a 12-month low of $4.37 and a 12-month high of $8.02.

Key Stories Impacting NIO

Here are the key news stories impacting NIO this week:

• Positive Sentiment: Goldman Sachs upgraded NIO, citing new vehicle launches and signs of a “successful turnaround.” The upgrade is notable because it came despite ongoing weakness and intense competition in China’s EV market. Goldman upgrades Chinese Tesla rival
• Positive Sentiment: Zacks Research upgraded NIO from Hold to Strong Buy and raised several earnings forecasts. Its FY2027 EPS outlook moved from a loss to a profit, while estimates for Q1 2027, Q2 2027, Q4 2027, Q1 2028 and FY2028 were also increased. These revisions reinforce expectations that NIO could reach sustained profitability as newer models contribute to sales. NIO laps the stock market
• Positive Sentiment: China signaled it may accelerate policy support for the smart-connected electric-vehicle industry. Potential regulatory and industrial-policy assistance could improve the operating environment for NIO and support demand for its technology-focused vehicles. Nio stock is pushing higher
• Positive Sentiment: Coverage highlighting NIO’s small urban EV emphasizes the practicality of its product lineup, potentially supporting brand visibility and consumer interest. This small Nio EV brings big practicality to the city

Analysts Set New Price Targets

NIO has been the topic of a number of recent analyst reports. Bank of America reaffirmed a “neutral” rating and issued a $6.80 target price on shares of NIO in a research note on Thursday, May 21st. Zacks Research raised shares of NIO from a “hold” rating to a “strong-buy” rating in a report on Monday. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of NIO in a research note on Friday, May 1st. The Goldman Sachs Group upgraded NIO from a “neutral” rating to a “buy” rating and set a $7.00 price objective on the stock in a research report on Monday, July 13th. Finally, Sanford C. Bernstein reaffirmed a “market perform” rating and issued a $6.00 target price on shares of NIO in a research note on Friday, May 22nd. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, four have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, NIO presently has an average rating of “Moderate Buy” and a consensus target price of $6.70.

About NIO

NIO Inc is a pioneer in the premium electric vehicle (EV) segment, dedicated to the design, development and manufacture of smart, high-performance EVs. Established in November 2014 and headquartered in Shanghai, China, the company focuses on integrating cutting-edge electric propulsion, advanced connectivity and autonomous driving technologies into its automotive platforms. NIO’s vision centers on creating a holistic user experience that extends beyond the vehicle itself, encompassing energy services and digital solutions.

The company’s product lineup includes flagship SUVs and sedans such as the ES8, ES6, EC6, ET7 and ET5, each engineered to deliver strong performance, long range and a suite of intelligent driver-assistance features.