NIO (NYSE:NIO) continued further downward for the seventh straight session of losses, as the company’s shares closed 1.36% lower at $6.16 on Friday.
In the preceding six sessions, the company reported a loss of over 14.40%, compared to 0.86% in the S&P 500 Index. However, shares of the company have gone up by over 42.55% compared to 14.55% in the broader S&P 500 Index in 2025.
Earlier in the month, Chinese electric vehicle manufacturer NIO achieved a new monthly deliveries record with 40,397 units in October. The number marked a 92.6% Y/Y jump.
NIO had a strong month, with deliveries rising 16% sequentially, marking one of its highest-volume months in over a year. NIO’s delivery trajectory recently suggests that earlier demand softness may be reversing, with product upgrades playing a key role in re-acceleration.
Similarly, Wall Street analysts are bullish on the stock, with 14 rating it a Buy or above, 11 a Hold, and 2 considering it a Sell.
However, Seeking Alpha’s Quant rating for NIO is a Hold with a score of 3.36 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.