NIO Eyes Q4 Profit After 5.54B Yuan Loss, Deliveries Up 57.6%
NIO forecasts Q4 2025 adjusted operating profit of 0.7–1.2 billion yuan after a 5.54 billion yuan loss, versus analysts expecting a $0.05 EPS loss on $4.61 billion revenue. February deliveries reached 20,797 vehicles, up 57.6% year-over-year, while charging network swaps hit a record 146,649 in a single day.
1. Q4 Profit Alert and Earnings Forecast
NIO projects adjusted operating profit of 0.7–1.2 billion yuan in Q4 2025, reversing a 5.54 billion yuan loss in the same period last year. Analysts are modeling a $0.05 per share loss on $4.61 billion in revenue, compared with $2.70 billion a year earlier.
2. Strong Delivery Growth
The company delivered 20,797 vehicles in February, marking a 57.6% increase year-over-year and bringing year-to-date deliveries to 47,979 units, up 77.3%. January deliveries of 27,182 vehicles rose 96.1% year-over-year, driven largely by the third-generation ES8 SUV.
3. Infrastructure and Technology Expansion
During the Spring Festival travel period, battery swaps reached a single-day high of 146,649 across more than 3,750 stations, contributing to over 100 million cumulative swaps. Meanwhile, subsidiary GeniTech secured 2.257 billion yuan in funding for its intelligent-driving chip business, with NIO retaining a 62.7% stake.
4. Technical Indicators and Analyst Consensus
NIO shares trade 1% above the 50-day SMA but 10.3% below the 100-day SMA, with an RSI of 46.99 indicating neutral momentum and a bearish MACD reading. The consensus rating is Hold with an average price target of $7.62, following mixed analyst actions.