NIO Inc. (NIO) Stock Dips While Market Gains: Key Facts

Core Points - NIO Inc. closed at $4.12, down 1.9% from the previous trading session, underperforming the S&P 500's gain of 0.73% [1] - Over the last month, NIO's shares increased by 16.34%, which is lower than the Auto-Tires-Trucks sector's gain of 20.69% and higher than the S&P 500's gain of 9.07% [1] Financial Projections - NIO's upcoming earnings per share (EPS) are projected to be -$ 0.22, reflecting a 38.89% increase from the same quarter last year [2] - Revenue is estimated at $1.71 billion, up 24.51% from the prior-year quarter [2] - For the entire fiscal year, the Zacks Consensus Estimates predict an EPS of -$ 1.13 and revenue of $13.74 billion, indicating increases of 25.17% and 50.41% respectively from the previous year [3] Analyst Estimates - Recent changes to analyst estimates for NIO reflect shifting dynamics in short-term business patterns, with positive changes indicating a favorable outlook on the company's health and profitability [4] - The Zacks Rank system, which integrates estimate changes, currently ranks NIO at 3 (Hold) [6] Industry Context - NIO operates within the Automotive - Foreign industry, which is part of the Auto-Tires-Trucks sector, currently holding a Zacks Industry Rank of 225, placing it in the bottom 9% of over 250 industries [7] - The Zacks Industry Rank measures the strength of industry groups, with top-rated industries outperforming the bottom half by a factor of 2 to 1 [7]