IPW
iPower Inc.
IPW offers stronger modeled upside, but that advantage does not outweigh its weaker overall profile.
NIO
NIO Inc.
NIO has the edge over IPW overall, supported by stronger fundamentals and lower modeled downside.
IPW Fundamentals
| Metric | Status |
|---|---|
| Weak | |
| Weak | |
| Unavailable | |
| Strong |
IPW's balance sheet is currently strong, but its revenue and profitability are weak. There isn't enough data to rate its cash flow.
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.
IPW PE Valuation
IPW 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.
IPW Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Decline | |
| Strongly improving | |
| Limited | |
| High |
Analysts expect IPW's earnings to grow and its profitability to improve, but its revenue to decline.
NIO Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Growth | |
| Strongly improving | |
| Limited | |
| Moderate |
NIO has the edge over IPW on the outlook, with more favorable revenue expectations.
IPW Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $3,225.00 | — |
| Q2 2026 | -$7,524.36 | -$3,377.16 |
| Q1 2026 | -$6,022.08 | -$4,985.28 |
| Q4 2025 | -$4,224.96 | -$4,224.96 |
| Q3 2025 | -$3,032.64 | -$1,218.24 |
| Q2 2025 | -$4,147.20 | -$2,851.20 |
| Q1 2025 | -$1,036.80 | +$3,421.44 |
| Q4 2024 | $0.00 | +$6,557.76 |
| Q3 2024 | -$1,814.40 | +$6,039.36 |
IPW lost $7,524.36 per share over the past year, and its loss has widened in each of the last three quarters.
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 IPW on earnings, with more consistent year-over-year improvement.
IPW Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $1.4M | -88% |
| Q1 2026 | $3.5M | -79% |
| Q4 2025 | $7.1M | -63% |
| Q3 2025 | $12M | -37% |
| Q2 2025 | $11.5M | -41% |
| Q1 2025 | $16.6M | -29% |
| Q4 2024 | $19.1M | +14% |
| Q3 2024 | $19M | -28% |
IPW's revenue has slid since its 2023 peak: $1M last quarter, down 88% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | -648% | -617 points |
| Q1 2026 | -33% | -31 points |
| Q4 2025 | -34% | -38 points |
| Q3 2025 | -14% | +0.3 points |
| Q2 2025 | -31% | -37 points |
| Q1 2025 | -1.6% | -8.5 points |
| Q4 2024 | 3.6% | +19 points |
| Q3 2024 | -14% | -9.7 points |
IPW's operating margin was −648% last quarter, down 617 points from the same quarter a year ago, near the bottom of its range since 2021.
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 IPW 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 IPW on profitability, with a higher operating margin.
IPW Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q1 2026 | -$333.5K | -138% |
| Q4 2025 | -$922.6K | -3428% |
| Q3 2025 | $1.7M | +$3.1M |
| Q1 2025 | $887.7K | +736% |
| Q4 2024 | $27.7K | -97% |
| Q3 2024 | -$1.4M | -135% |
| Q2 2024 | $1M | +32% |
| Q1 2024 | $106.2K | -84% |
IPW has the stronger cash trend. Its trailing FCF is up 1,037% versus its history, compared with NIO at up 100%.
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's free cash flow was $0 over the past year, against −$2.5B the year before.
IPW Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +32% | +407 shares |
| 1 year | +39% | +469 shares |
| 3 years | +47% | +536 shares |
IPW has 1,683 diluted shares, up 39% from a year ago.
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 the edge over IPW on shareholder dilution, with a more favorable share count trend.
| 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.
IPW Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q4 2024 | 0.7x | Very low |
| Q2 2022 | 4.1x | High |
| Q1 2022 | 2.1x | Moderate |
IPW's net debt is less than a year of its operating earnings (EBITDA).
NIO Net Leverage
NIO's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
IPW Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 21.5 | Oversold |
| Stochastic | 0.2 | Oversold |
IPW's weekly RSI is 22 (oversold) and its Stochastic is 0 (oversold).
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).
IPW PE vs Consumer Cyclical Sector
IPW 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.
IPW Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $6.04 | 79% below |
| 20 week MA | $43.2 | 97% below |
| 50 week MA | $1,782.9 | 100% below |
| 100 week MA | $8,525.6 | 100% below |
| 200 week MA | $16,808.1 | 100% below |
IPW is in a downtrend: it's below all five of its weekly moving averages, and 100% 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.
IPW Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2021 | $150,854.4 | $58,838.4 | -61% |
| 2022 | $58,838.4 | $9,590.4 | -84% |
| 2023 | $9,590.4 | $11,664.0 | +22% |
| 2024 | $11,664.0 | $20,995.2 | +80% |
| 2025 | $20,995.2 | $8,380.8 | -60% |
| 2026 YTD | $8,380.8 | $1.29 | -100% |
IPW has finished lower in three of the last five years. It's down 100% so far in 2026.
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 has the edge over IPW on returns for 2026, with the stronger performance.