NIO Inc. (NIO) Rises But Trails Market: What Investors Should Know

Company Performance - NIO Inc. closed at $4.10, reflecting a +0.49% change from the previous trading day's closing, which is less than the S&P 500's daily gain of 1.83% [1] - Over the past month, NIO shares have lost 10.13%, which is better than the Auto-Tires-Trucks sector's loss of 10.85% but worse than the S&P 500's loss of 3.31% [1] Earnings Forecast - NIO Inc. is expected to report an EPS of -$ 0.40, indicating an 11.11% growth compared to the same quarter last year [2] - The revenue forecast for NIO is $2.85 billion, representing an 18.31% growth compared to the corresponding quarter of the previous year [2] Analyst Estimates - Changes in analyst estimates for NIO Inc. are important as they reflect the evolving business trends and analyst optimism regarding the company's profitability [3] - The Zacks Rank system, which incorporates these estimate changes, aims to provide actionable investment ratings [4] Zacks Rank and Industry Position - NIO Inc. currently holds a Zacks Rank of 3 (Hold), with the consensus EPS estimate remaining unchanged over the last 30 days [5] - The Automotive - Foreign industry, which includes NIO, is ranked 209 in the Zacks Industry Rank, placing it in the bottom 17% of over 250 industries [6]