NIO Gains 1.43% as Q1 EPS Forecast Improves 85% to -$0.07
NIO shares rose 1.43% in the latest session, outperforming the S&P 500’s 0.33% decline and surpassing its sector’s 3.16% loss over the past month. Analysts project Q1 EPS of -$0.07 on $4.77 billion revenue, while full-year estimates call for -$1.03 EPS on $12.59 billion sales.
1. Recent Trading Performance
Shares of NIO climbed 1.43% in the latest trading session, moving against a 0.33% drop in the S&P 500. Over the last month, NIO outpaced its Auto-Tires-Trucks sector peers, which collectively fell 3.16%, highlighting renewed investor interest.
2. Earnings and Revenue Forecasts
Analysts forecast Q1 EPS of -$0.07, representing an 85.11% improvement from the prior year, on projected revenue of $4.77 billion, up 76.76% year-over-year. For the full fiscal year, estimates call for -$1.03 per share and $12.59 billion in sales, gains of 31.79% and 37.89%, respectively.
3. Analyst Ratings and Industry Outlook
NIO holds a Zacks Rank of #2 (Buy) based on recent estimate revisions and earnings momentum. Its Automotive-Foreign industry ranks 88th out of more than 250 groups, placing it in the top 36% by projected growth potential.