# NIO Inc. (NIO)

> Source: Nexqual · https://nexqual.com/NIO · data as of 2026-10-22 20:00 UTC · cite as "Nexqual, NIO Inc. (NIO), nexqual.com/NIO" · informational, not investment advice.

**Price:** USD 3.31 (-1.49% on the day) · last close of Oct 22, 2026; US market pre market, not a live price. Prev close 3.36 · day 3.24–3.37 · 52w 3.24–7.54 · market cap $8.29B · NYQ

## Key facts
- Analysts: Buy (mean 2.17 on a 1–5 scale) (23 analysts), mean target USD 6.16 (range 3.93–10.17).
- Total return with dividends: 1Y -52.0% vs S&P 500 +14.9%; 5Y -91.5% vs S&P 500 +80.3%.
- Next earnings: 2026-11-24, EPS estimate USD -0.02, revenue estimate $33.1B.

## Analysts
Consensus Buy (mean 2.17 on a 1–5 scale), 23 analysts; mean target USD 6.16 (low 3.93, high 10.17).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-09-02 | JP Morgan | Downgrade | Overweight → Neutral | $7 → $4.5 |
| 2026-09-02 | Bernstein | Target lowered | Market Perform | $6 → $5 |
| 2026-07-13 | Goldman Sachs | Upgrade | Neutral → Buy | $7 |

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-23) | 5Y (from 2021-10-18) |
|---|---|---|
| Total return | -52.0% | -91.5% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | -52.1% | -38.8% |
| Volatility (annualized) | 49.6% | 66.7% |
| Max drawdown | -55.4% (Nov 2025→Oct 2026) | -92.2% (Nov 2021→Oct 2026) |

## Peers (Auto Manufacturers)
XPEV (XPeng Inc.) USD 9.07 -3.10% · VFS (VinFast Auto Ltd.) USD 2.96 -1.00% · LI (Li Auto Inc.) USD 11.47 -0.26% · STLA (Stellantis N.V.) USD 4.27 +1.18% · RIVN (Rivian Automotive, Inc.) USD 12.06 -3.21% · HMC (Honda Motor Company, Ltd.) USD 34.58 +1.80%

## More
Full page: https://nexqual.com/NIO · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt

## Supply chain and relationships (SEC annual reports)

Named in NIO's own 20-F filed 2026-04-10 (https://www.sec.gov/Archives/edgar/data/1736541/000110465926041765/nio-20251231x20f.htm):

| Relationship | Company | Sentence in the filing |
|---|---|---|
| Partner | Forseven | "For example, in February 2024, we entered into a technology license agreement with Forseven Limited, or Forseven." |
| Partner | McLaren Automotive | "Furthermore, in addition to our strategic alliance with McLaren Automotive, collaborations relating to our Power Swap network are also subject to certain risks." |
| Partner | CYVN Holding | "In addition, on June 20, 2023, we entered into a registration rights agreement with CYVN Holdings L.L.C." |

## Analyst estimates and revisions

| Period | EPS est. | 90d ago | Change | Revenue est. | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends 2026-09-30) | $-0.02 | $0.13 | -116.2% | $33.14B | 4 |
| Next quarter (ends 2026-12-31) | $0.08 | $0.32 | -74.8% | $35.18B | 4 |
| Current fiscal year (ends 2026-12-31) | $-0.24 | $0.44 | -155.4% | $128.22B | 9 |
| Next fiscal year (ends 2027-12-31) | $0.85 | $1.17 | -27.5% | $151.71B | 10 |

## Options: expected move (Cboe, 15-min delayed)

Expected move by 2026-11-27 (includes earnings 2026-11-24): ±13.3%.

| Expiration | Days | ATM IV | Expected move |
|---|---|---|---|
| 2026-10-30 | 7 | 59.1% | ±8.5% |
| 2026-11-06 | 14 | 52.2% | ±9.8% |
| 2026-11-13 | 21 | 55.1% | ±11.9% |
| 2026-11-20 | 28 | 51.7% | ±12.6% |
| 2026-11-27 | 35 | 49.7% | ±13.3% |
| 2026-12-18 | 56 | 56.2% | ±18.2% |
| 2027-01-15 | 84 | 56.1% | ±23.0% |
| 2027-02-19 | 119 | 53.9% | ±24.6% |