NIO
NIO Inc.
NIO offers stronger valuation, but that advantage does not outweigh its weaker overall profile.
TPR
Tapestry, Inc.
TPR has the edge over NIO overall, supported by stronger modeled upside and lower modeled downside.
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.
TPR Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Strong | |
| Strong | |
| Strong |
TPR's profitability, cash flow and balance sheet are currently strong, and its revenue is stable.
NIO PE Valuation
NIO has no meaningful PE right now: it lost money over the past year.
TPR PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 10x | $79.97 | -40% |
| Fair | 13x | $104 | -22% |
| Forward | 16x | $133 | — |
| Current | 17x | $133 | — |
| Expensive | 39x | $303 | +128% |
Historical ranges are pointers, not guarantees.
TPR's PE is in its fair range at 17x. If earnings grow as analysts expect, today's price would be 16x next year's earnings.
NIO Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Growth | |
| Strongly improving | |
| Limited | |
| Moderate |
Analysts expect NIO's losses to shrink, with revenue growing.
TPR Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Moderate | |
| Low |
Analysts expect earnings and revenue growth for TPR, with profitability improving. However, they disagree widely on these estimates.
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 is still losing money, but far less than before: $0.29 per share over the past year, against $1.93 at its worst in late 2023.
TPR Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $8.46 | +9.2% |
| Q3 2026 | $7.75 | +492% |
| Q2 2026 | $7.27 | +787% |
| Q1 2026 | $3.31 | -13% |
| Q4 2025 | $2.61 | -24% |
| Q3 2025 | $1.31 | -62% |
| Q2 2025 | $0.82 | -77% |
| Q1 2025 | $3.79 | +0.3% |
| Q4 2024 | $3.44 | -13% |
TPR has the edge over NIO on earnings quality, reporting a profit while its opponent remains loss making.
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's revenue has grown year over year for seven quarters in a row: $4.8B last quarter, up 69% from the same quarter a year ago.
| 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.
TPR Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $1.9B | +11% |
| Q2 2026 | $1.9B | +8.9% |
| Q1 2026 | $1.9B | +21% |
| Q4 2025 | $2.5B | +14% |
| Q3 2025 | $1.7B | +13% |
| Q2 2025 | $1.7B | +8.3% |
| Q1 2025 | $1.6B | +6.9% |
| Q4 2024 | $2.2B | +5.3% |
TPR's revenue has grown year over year for eight quarters in a row: $1.9B last quarter, up 11% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 22% | +3.1 points |
| Q2 2026 | 24% | +57 points |
| Q1 2026 | 22% | +6.3 points |
| Q4 2025 | 29% | +6.2 points |
| Q3 2025 | 19% | +2.5 points |
| Q2 2025 | -34% | -49 points |
| Q1 2025 | 16% | +2.2 points |
| Q4 2024 | 22% | +1 points |
TPR 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.
TPR Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $149M | +86% |
| Q2 2026 | $469M | +14% |
| Q1 2026 | $225.8M | +99% |
| Q4 2025 | $1B | +118% |
| Q3 2025 | $80.2M | -15% |
| Q2 2025 | $411.5M | +96% |
| Q1 2025 | $113.4M | +44% |
| Q4 2024 | $475.1M | -41% |
TPR 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 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.
TPR Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -2.7% | -5.7M shares |
| 1 year | -5.1% | -11M shares |
| 3 years | -12% | -28M shares |
| 5 years | -28% | -80.7M shares |
| Available history | -26% | -72.2M shares |
TPR has the edge over NIO on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $603M |
| Q2 2026 | $302.7M |
| Q1 2026 | $150.2M |
| Q4 2025 | $403.5M |
| Q3 2025 | $698.2M |
| Q2 2025 | $53.4M |
| Q1 2025 | $52.3M |
| Q2 2024 | — |
TPR spent $1.5B buying back its own shares over the past year.
NIO Net Leverage
NIO's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
TPR Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 0.9x | Very low |
| Q2 2026 | 0.7x | Very low |
| Q1 2026 | 1.3x | Healthy |
| Q4 2025 | 1.6x | Healthy |
| Q3 2025 | 3.0x | Moderate |
| Q2 2025 | 2.3x | Moderate |
| Q1 2025 | 1.2x | Healthy |
| Q4 2024 | 1.3x | Healthy |
TPR's net debt is less than a year of its operating earnings (EBITDA), down from 3.0 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).
TPR Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 52.7 | Neutral |
| Stochastic | 32.5 | Neutral |
TPR's weekly RSI is 53 (neutral) and its Stochastic is 33 (neutral).
NIO PE vs Consumer Cyclical Sector
NIO has no meaningful PE right now: it lost money over the past year.
TPR PE vs Consumer Cyclical Sector
| Metric | TPR | Sector median | Relative |
|---|---|---|---|
| PE | 17x | 18x | 5% below |
| PE % | 65 | 47 | 18 pts above |
TPR is trading at 17x earnings, in line with the Consumer Cyclical sector's median of 18x.
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.
TPR Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $120.1 | 10% above |
| 20 week MA | $129.2 | 2.6% above |
| 50 week MA | $135.5 | 2.1% below |
| 100 week MA | $112.0 | 18% above |
| 200 week MA | $76.6 | 73% above |
TPR 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.
TPR Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $26.9 | $30.9 | +15% |
| 2021 | $30.9 | $41.3 | +34% |
| 2022 | $41.3 | $37.4 | -9.3% |
| 2023 | $37.4 | $36.8 | -1.6% |
| 2024 | $36.8 | $65.9 | +79% |
| 2025 | $65.9 | $131.3 | +99% |
| 2026 YTD | $131.3 | $132.6 | +1% |
TPR has the edge over NIO on returns for 2026, with the stronger performance.