NIO Earnings Results: $NIO Reports Quarterly Earnings

NIO ($NIO) posted quarterly earnings results on Friday, March 21st. The company reported earnings of -$3.41 per share, missing estimates of -$2.47 by $0.94. The company also reported revenue of $19,576,028,656, missing estimates of $20,364,264,885 by $-788,236,229.

You can see Quiver Quantitative's $NIO stock page to track data on insider trading, hedge fund activity, congressional trading, and more.

NIO Hedge Fund Activity

We have seen 146 institutional investors add shares of NIO stock to their portfolio, and 300 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

• UBS GROUP AG added 40,052,869 shares (+975.0%) to their portfolio in Q4 2024, for an estimated $174,630,508
• MORGAN STANLEY added 10,665,796 shares (+77.7%) to their portfolio in Q4 2024, for an estimated $46,502,870
• MILLENNIUM MANAGEMENT LLC removed 8,460,185 shares (-60.2%) from their portfolio in Q4 2024, for an estimated $36,886,406
• SUSQUEHANNA INTERNATIONAL GROUP, LLP added 7,187,047 shares (+181.9%) to their portfolio in Q4 2024, for an estimated $31,335,524
• POINT72 ASSET MANAGEMENT, L.P. removed 6,464,246 shares (-100.0%) from their portfolio in Q3 2024, for an estimated $43,181,163
• FMR LLC removed 5,195,758 shares (-96.3%) from their portfolio in Q4 2024, for an estimated $22,653,504
• LEGAL & GENERAL GROUP PLC removed 4,702,959 shares (-42.7%) from their portfolio in Q4 2024, for an estimated $20,504,901

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

NIO Analyst Ratings

Wall Street analysts have issued reports on $NIO in the last several months. We have seen 4 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

• Macquarie issued a "Outperform" rating on 10/28/2024
• Citigroup issued a "Buy" rating on 09/30/2024
• Morgan Stanley issued a "Overweight" rating on 09/30/2024
• Daiwa issued a "Buy" rating on 09/30/2024

To track analyst ratings and price targets for NIO, check out Quiver Quantitative's $NIO forecast page.

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.