BALY
Bally's Corporation
BALY offers stronger modeled upside, but that advantage does not outweigh its weaker overall profile.
NIO
NIO Inc.
NIO has the edge over BALY overall, supported by stronger fundamentals and lower modeled downside.
BALY Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Under pressure | |
| Weak | |
| Weak |
BALY's revenue is currently strong, but its profitability, cash flow and balance sheet are under pressure.
NIO Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Stable | |
| Stable | |
| Unavailable |
NIO's revenue is currently strong, and its profitability and cash flow are stable. There isn't enough data to rate its balance sheet.
BALY PE Valuation
BALY has no meaningful PE right now: it lost money over the past year.
NIO PE Valuation
NIO has no meaningful PE right now: it lost money over the past year.
BALY Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses growing | |
| Growth | |
| Strongly weakening | |
| Limited | |
| High |
Analysts expect BALY's losses to grow, with revenue growing.
NIO Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Growth | |
| Strongly improving | |
| Limited | |
| Moderate |
NIO has the edge over BALY on the outlook, with more favorable earnings and profitability expectations.
BALY Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2026 | -$12.64 | -$2.59 |
| Q1 2026 | -$13.99 | -$6.46 |
| Q4 2025 | -$10.73 | +$0.98 |
| Q3 2025 | -$6.65 | +$8.42 |
| Q2 2025 | -$10.05 | +$1.07 |
| Q1 2025 | -$7.53 | +$2.83 |
| Q4 2024 | -$11.71 | -$8.20 |
| Q3 2024 | -$15.07 | -$8.34 |
BALY is still losing money, but less than at its worst: $12.64 per share over the past year, against $15.07 at its worst in late 2024.
NIO Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2026 | -$0.29 | +$1.45 |
| Q1 2026 | -$0.60 | +$1.16 |
| Q4 2025 | -$1.06 | +$0.60 |
| Q3 2025 | -$1.59 | +$0.02 |
| Q2 2025 | -$1.74 | -$0.10 |
| Q1 2025 | -$1.76 | +$0.06 |
| Q4 2024 | -$1.66 | +$0.21 |
| Q3 2024 | -$1.61 | +$0.32 |
NIO has the edge over BALY on earnings, with more consistent year-over-year improvement.
BALY Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $792.2M | +20% |
| Q1 2026 | $755.7M | +105% |
| Q4 2025 | $746.2M | +29% |
| Q3 2025 | $663.7M | +5.4% |
| Q2 2025 | $657.5M | +5.8% |
| Q1 2025 | $368.7M | -40% |
| Q4 2024 | $580.4M | -5.1% |
| Q3 2024 | $630M | -0.4% |
BALY's revenue has grown year over year for five quarters in a row: $792M last quarter, up 20% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | -4.3% | -3.9 points |
| Q1 2026 | 12% | +13 points |
| Q4 2025 | -37% | -31 points |
| Q3 2025 | 0.1% | +25 points |
| Q2 2025 | -0.4% | -1.3 points |
| Q1 2025 | -0.5% | +12 points |
| Q4 2024 | -5.6% | +46 points |
| Q3 2024 | -25% | -31 points |
BALY's operating margin was −4.3% last quarter, down 3.9 points from the same quarter a year ago.
NIO Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $4.8B | +69% |
| Q1 2026 | $3.8B | +112% |
| Q4 2025 | $5.2B | +76% |
| Q3 2025 | $3.3B | +17% |
| Q2 2025 | $2.9B | +9% |
| Q1 2025 | $1.8B | +21% |
| Q4 2024 | $3B | +15% |
| Q3 2024 | $2.8B | -2.1% |
NIO has the edge over BALY on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | -2.1% | +24 points |
| Q1 2026 | -1.2% | +52 points |
| Q4 2025 | 2.3% | +33 points |
| Q3 2025 | -16% | +12 points |
| Q2 2025 | -26% | +4 points |
| Q1 2025 | -53% | +1.1 points |
| Q4 2024 | -31% | +8.1 points |
| Q3 2024 | -28% | -2.6 points |
NIO has the edge over BALY on profitability, with a higher operating margin.
BALY Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | -$156M | -$123.8M |
| Q1 2026 | -$183.9M | -1693% |
| Q4 2025 | -$18.9M | -$12.7M |
| Q3 2025 | -$139.3M | -$83.5M |
| Q2 2025 | -$32.2M | -372% |
| Q1 2025 | $11.5M | +$47.5M |
| Q4 2024 | -$6.2M | -125% |
| Q3 2024 | -$55.8M | +$36.5M |
BALY has burned cash in seven of the last eight quarters: −$498M over the past year, against −$83M the year before.
NIO Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $0 | +$2.1B |
| Q1 2026 | $0 | $0 |
| Q4 2025 | $0 | +$391.3M |
| Q3 2025 | $0 | $0 |
| Q2 2025 | -$2.1B | +$73.9M |
| Q1 2025 | $0 | $0 |
| Q4 2024 | -$391.3M | -386% |
| Q2 2024 | -$2.2B | +$337.9M |
NIO has the edge over BALY on cash flow, with more consistent year-over-year improvement.
BALY Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.6% | +340K shares |
| 1 year | -0.2% | -98K shares |
| 3 years | +10% | +5.5M shares |
| 5 years | +69% | +24.8M shares |
| Available history | +60% | +22.7M shares |
BALY has the edge over NIO on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q2 2026 | — |
| Q1 2026 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | $416.2M |
| Q4 2024 | — |
| Q3 2024 | — |
| Q2 2024 | — |
NIO Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.6% | +15.6M shares |
| 1 year | +12% | +267M shares |
| 3 years | +51% | +844M shares |
| 5 years | +60% | +933M shares |
| Available history | +143% | +1.5B shares |
NIO has 2.5B diluted shares, up 12% from a year ago.
| Quarter | Spent |
|---|---|
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
| Q3 2024 | — |
NIO hasn't bought back shares in the past year.
BALY Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | 28.0x | High |
| Q1 2026 | 24.2x | High |
| Q4 2025 | 240.2x | High |
| Q3 2025 | 15.9x | High |
| Q2 2025 | 51.6x | High |
| Q1 2025 | 40.0x | High |
| Q4 2024 | 26.0x | High |
| Q2 2024 | 39.9x | High |
BALY's net debt is more than 20 years of its operating earnings (EBITDA), down from more than 20 years a year ago.
NIO Net Leverage
NIO's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
BALY Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 44.9 | Neutral |
| Stochastic | 65.0 | Neutral |
BALY's weekly RSI is 45 (neutral) and its Stochastic is 65 (neutral).
NIO Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 30.7 | Neutral |
| Stochastic | 6.9 | Oversold |
NIO's weekly RSI is 31 (neutral) and its Stochastic is 7 (oversold).
BALY PE vs Consumer Cyclical Sector
| Metric | BALY | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 18x | — |
BALY has no meaningful PE right now: it lost money over the past year.
NIO PE vs Consumer Cyclical Sector
NIO has no meaningful PE right now: it lost money over the past year.
BALY Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $13.3 | 13% below |
| 20 week MA | $12.6 | 8.2% below |
| 50 week MA | $13.5 | 15% below |
| 100 week MA | $13.6 | 15% below |
| 200 week MA | $14.2 | 19% below |
BALY is in a downtrend: it's below all five of its weekly moving averages, and 19% below its 200-week average.
NIO Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $3.36 | 9.2% below |
| 20 week MA | $4.01 | 24% below |
| 50 week MA | $4.81 | 37% below |
| 100 week MA | $4.85 | 37% below |
| 200 week MA | $6.03 | 49% below |
NIO is in a downtrend: it's below all five of its weekly moving averages, and 49% below its 200-week average.
BALY Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $25.9 | $48.8 | +88% |
| 2021 | $48.8 | $37.5 | -23% |
| 2022 | $37.5 | $19.4 | -48% |
| 2023 | $19.4 | $13.9 | -28% |
| 2024 | $13.9 | $17.8 | +28% |
| 2025 | $17.8 | $17.8 | -0.4% |
| 2026 YTD | $17.8 | $11.5 | -35% |
BALY has the edge over NIO on returns for 2026, with the stronger performance.
NIO Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $2.42 | $45.8 | +1791% |
| 2021 | $45.8 | $30.5 | -33% |
| 2022 | $30.5 | $11.0 | -64% |
| 2023 | $11.0 | $9.07 | -17% |
| 2024 | $9.07 | $4.48 | -51% |
| 2025 | $4.48 | $5.10 | +14% |
| 2026 YTD | $5.10 | $3.05 | -40% |
NIO's yearly returns have swung widely, from +1791% in 2020 to −64% in 2022. It's down 40% so far in 2026.