NIO (NYSE:NIO) snapped after six consecutive sessions of gains, as the company’s shares closed 1.68% lower at $7.02 on Thursday.
In the preceding six sessions, the company gained over 4.39%. Overall, shares of the company have gone up nearly 63% compared to a gain of 16.89% in the broader S&P 500 Index in 2025.
Seeking Alpha’s Quant rating considers NIO a Hold rating with a score of 3.40 out of 5. The company was rated F for profitability, while it got a B+ for growth and an A+ for momentum. Similarly, Seeking Alpha analysts are cautious and issued a Hold call for the stock.
Earlier in the month, NIO was in focus after Singapore sovereign wealth fund GIC filed a major lawsuit against the Chinese electric vehicle company, accusing it of inflating revenue by over $600M through deceptive accounting methods related to its battery-leasing operations.
NIO stock is down nearly 6% over the past one month.
“NIO faces a critical crossroad, as market optimism over its recent string of strong EV deliveries and earnings performance is overshadowed by share dilution pressure,” pointed out a Seeking Alpha analysis by Summit Research.
However, Wall Street analysts are bullish on the stock, with 12 rating it a Buy or above,11 a Hold, and two considering it a Sell.
Seeking Alpha analyst Techie also said that the recent volatility and tariff concerns are priced in and upgraded his rating for NIO to Buy.
“I see momentum slowly but surely returning,” the analysis noted.