TLDR
- NIO reports Q2 2026 earnings on September 1, before the U.S. market opens.
- Analysts expect a loss of $0.05 per share on revenue of $4.95 billion, up from $2.63 billion a year ago.
- Options traders are pricing in a move of roughly 9% in either direction after results.
- NIO stock has fallen 45% from its 2025 high and dropped below a key support level of $4.45.
- Wall Street holds a Moderate Buy rating with an average price target of $6.50, implying 46% upside from current levels.
NIO will report its Q2 2026 earnings on Tuesday, September 1, before U.S. markets open. The stock is currently trading around $4.36, down sharply from its year-to-date high of $7 set in April.
Wall Street expects a loss of $0.05 per share for the quarter, a big improvement from a loss of $0.28 per share in Q2 2025. Revenue is projected at $4.95 billion, up from $2.63 billion in the same period last year.
Options traders are pricing in a potential move of about 8.76% in either direction following the report. That is above the stock’s average post-earnings move of 5.76% over the past four quarters.
NIO delivered 107,658 vehicles in Q2, up 49.4% year-over-year. That came in slightly below its own guidance range of 110,000 to 115,000 vehicles. Investors will want to see how closely revenue tracks those delivery numbers.
NIO had guided for Q2 revenue of RMB 32.78 billion to RMB 34.44 billion. Yahoo Finance estimates put Q2 revenue at around 33.2 billion yuan, rising to 36.3 billion yuan in Q3.
Margins and Profitability in Focus
Profitability will be a key watch item. NIO posted an 18.8% vehicle margin in Q1 and reported positive non-GAAP operating income. Management is targeting a full-year vehicle margin of 17% to 18% for 2026.
The company swung to a $40 million profit in Q4 2025 before returning to a loss in Q1 2026. Analysts expect the full-year EPS to reach 1.17 yuan in 2027.
July delivery data offered some encouragement. NIO sold 35,934 vehicles in July, up 71% from a year earlier. Year-to-date deliveries through July reached 227,057, up 68% from 2025. The flagship ES9 crossed 20,000 sales in under 80 days.
NIO is also expanding its multi-brand lineup. The ONVO L80 SUV started deliveries in May, and the refreshed L60 adds another model. The lower-priced Firefly brand is also growing. The question is whether these additions boost volume without squeezing margins.
Technical Picture Looks Weak
The stock chart tells a more cautious story. NIO has fallen below the support level at $4.45, which held through February and March this year. It has also dropped below the 61.8% Fibonacci retracement level at $4.92.
A head-and-shoulders pattern has formed on the daily chart, a bearish signal. The bull/bear power indicator has stayed negative since August 3. If the stock breaks below $4, the next level to watch is $3.50.
Despite the weak chart, analysts remain broadly positive. Goldman Sachs has a price target of $7 on NIO, while Bank of America sits at $6.80. The consensus on TipRanks is Moderate Buy, based on one Buy and one Sell rating over the past three months.
Stop guessing and start investing with confidence. KnockoutStocks gives you the AI insights, market intelligence, and stock research you need to spot opportunities, cut through the noise, and make smarter investment decisions — all in one powerful platform.
Sign up today and get 50% OFF full access to our premium stock picks.
Simply use coupon code SPECIAL50 at checkout to claim your exclusive discount.
Get 3 Free Stock Ebooks
Discover top-performing stocks in AI, Crypto, and Technology with expert analysis.
- Top 10 AI Stocks - Leading AI companies
- Top 10 Crypto Stocks - Blockchain leaders
- Top 10 Tech Stocks - Tech giants
