NIO Trading Below 5-Year Average P/S: Time to Buy, Sell or Hold?

Key Takeaways NIO trades at 0.46X forward P/S, well below its 5-year average and behind peers XPeng and Li Auto. Operational inefficiencies and ONVO's underperformance weigh on NIO despite its expanded vehicle lineup. NIO forecasts Q2 deliveries of up to 75K units and improving margins, targeting breakeven by Q4 2025.NIO Inc. (NIO) is currently trading at a forward 12-month price/sales (P/S) of 0.46X, down from its five-year average of 1.63X but at par with the Zacks Automotive-Foreign industry. The close ...