NIO
NIO Inc.
NIO has a slight edge over RRGB overall, supported by stronger fundamentals and lower modeled downside.
RRGB
Red Robin Gourmet Burgers, Inc.
RRGB offers stronger modeled upside, but that advantage does not outweigh its weaker overall profile.
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.
RRGB Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Stable | |
| Under pressure | |
| Under pressure |
RRGB's revenue and profitability are currently stable, but its cash flow and balance sheet are under pressure.
NIO PE Valuation
NIO has no meaningful PE right now: it lost money over the past year.
RRGB PE Valuation
RRGB has no meaningful PE right now: it lost money over the past year.
NIO Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Growth | |
| Strongly improving | |
| Limited | |
| Moderate |
NIO has the edge over RRGB on the outlook, with more favorable revenue expectations.
RRGB Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Decline | |
| Improving | |
| Limited | |
| High |
Analysts expect RRGB's losses to shrink, with revenue declining.
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 RRGB on earnings, with more consistent year-over-year improvement.
RRGB Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2026 | -$1.69 | +$1.74 |
| Q2 2026 | -$1.50 | +$2.75 |
| Q4 2025 | -$1.31 | +$3.62 |
| Q3 2025 | -$3.26 | +$0.03 |
| Q2 2025 | -$3.43 | -$0.82 |
| Q2 2025 | -$4.25 | -$2.49 |
| Q4 2024 | -$4.93 | -$3.59 |
| Q3 2024 | -$3.29 | -$0.03 |
RRGB is still losing money, but far less than before: $1.69 per share over the past year, against $19.29 at its worst in late 2020.
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 RRGB 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's operating margin was −2.1% last quarter, up 24 points from the same quarter a year ago.
RRGB Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $277.6M | -2.1% |
| Q2 2026 | $378.3M | -3.6% |
| Q4 2025 | $269M | -5.7% |
| Q3 2025 | $265.1M | -3.5% |
| Q2 2025 | $283.7M | -5.5% |
| Q2 2025 | $392.4M | +1% |
| Q4 2024 | $285.2M | -7.7% |
| Q3 2024 | $274.6M | -1.1% |
RRGB's revenue fell from its 2023 peak and has held roughly level since: $278M last quarter, down 2.1% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 2.3% | -1.2 points |
| Q2 2026 | 1.4% | -0.9 points |
| Q4 2025 | -1.5% | +10 points |
| Q3 2025 | -4.6% | +0.1 points |
| Q2 2025 | 3.5% | +5 points |
| Q2 2025 | 2.3% | +2.9 points |
| Q4 2024 | -12% | -9.2 points |
| Q3 2024 | -4.7% | -4 points |
RRGB has the edge over NIO on profitability, with a higher operating margin.
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.
RRGB Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $2.7M | -20% |
| Q2 2026 | $268K | -96% |
| Q4 2025 | $5.3M | +$6.7M |
| Q3 2025 | -$10.1M | +$7.9M |
| Q2 2025 | $3.4M | +$8.5M |
| Q2 2025 | $7.6M | +39% |
| Q4 2024 | -$1.4M | +$29.5M |
| Q3 2024 | -$18M | -$5.8M |
RRGB has the edge over NIO on cash flow, with more consistent year-over-year improvement.
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 RRGB 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.
RRGB Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +21% | +3.8M shares |
| 1 year | +16% | +2.9M shares |
| 3 years | +34% | +5.6M shares |
| 5 years | +40% | +6.2M shares |
| Available history | +69% | +8.9M shares |
RRGB has 22M diluted shares, up 16% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2024 | — |
| Q3 2024 | — |
| Q4 2023 | — |
| Q3 2023 | $5M |
| Q4 2021 | — |
| Q3 2021 | — |
| Q2 2021 | — |
| Q2 2021 | — |
NIO Net Leverage
NIO's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
RRGB Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | 3.1x | Elevated |
| Q2 2026 | 2.9x | Moderate |
| Q4 2025 | 2.7x | Moderate |
| Q3 2025 | 6.0x | High |
| Q2 2025 | 5.4x | High |
| Q2 2025 | 10.7x | High |
| Q4 2024 | 32.5x | High |
| Q3 2024 | 5.1x | High |
RRGB's net debt is about 3.1 years of its operating earnings (EBITDA), down from 5.4 years a year ago.
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).
RRGB Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 59.3 | Neutral |
| Stochastic | 50.4 | Neutral |
RRGB's weekly RSI is 59 (neutral) and its Stochastic is 50 (neutral).
NIO PE vs Consumer Cyclical Sector
NIO has no meaningful PE right now: it lost money over the past year.
RRGB PE vs Consumer Cyclical Sector
RRGB has no meaningful PE right now: it lost money over the past year.
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.
RRGB Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $8.42 | 4.9% above |
| 20 week MA | $8.23 | 7.3% above |
| 50 week MA | $5.78 | 53% above |
| 100 week MA | $5.49 | 61% above |
| 200 week MA | $7.27 | 21% above |
RRGB has the edge over NIO on trend strength, trading above more of its moving averages.
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.
RRGB Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $31.0 | $20.1 | -35% |
| 2021 | $20.1 | $17.2 | -15% |
| 2022 | $17.2 | $5.70 | -67% |
| 2023 | $5.70 | $12.5 | +119% |
| 2024 | $12.5 | $5.39 | -57% |
| 2025 | $5.39 | $4.31 | -20% |
| 2026 YTD | $4.31 | $8.83 | +105% |
RRGB has the edge over NIO on returns for 2026, with the stronger performance.