NIO (NIO)
Coverage summary
Aardvark Labs Capital Research has covered NIO (NIO) since September 3, 2025. The company is in the Consumer Cyclical sector. This page lists 5 reports: 5 earnings recaps.
The latest is the Q2 2026 Earnings Recap, published September 2, 2026. That report moved the rating from Outperform to Hold. The rating has changed twice since coverage began.
Translations: 5 in Chinese.
Rating history
All NIO reports
Recap: Q2 2026
Margins Withstand Inflation, but the Profit Buffer Is Too Thin for Outperform
Recap: Q1 2026
The Margin Held Through the Trough: NIO Confirms the Profitability Inflection Is Structural — Maintain Outperform
Recap: Q4 2025
NIO Prints Its First-Ever Profit — and It's GAAP, Not Just Adjusted: Upgrading to Outperform
Recap: Q3 2025
Margins Inflect and Cash Flow Turns Positive — But Beijing Pulls the Subsidy and the Volume Target Slips: Maintain Hold
Recap: Q2 2025
The Breakeven Promise Gets a Date: L90 Ignites the Ramp, But the 2x Q4 Bet Keeps Us on the Sidelines — Initiating at Hold