NIO
NIO Inc.
NIO has the edge over ZUMZ overall, supported by stronger valuation and stronger fundamentals.
ZUMZ
Zumiez Inc.
ZUMZ has slightly lower modeled downside risk, despite its lower overall score.
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.
ZUMZ Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| Healthy | |
| Strong |
ZUMZ's profitability, cash flow and balance sheet are currently healthy, and its revenue is stable.
NIO PE Valuation
NIO has no meaningful PE right now: it lost money over the past year.
ZUMZ PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 8.1x | $5.19 | -63% |
| Fair | 14x | $8.64 | -39% |
| Current | 22x | $14.09 | — |
| Expensive | 25x | $16.27 | +15% |
| Forward | 34x | $14.09 | — |
Historical ranges are pointers, not guarantees.
ZUMZ's PE is in its expensive range at 22x. On analysts' estimates for next year's earnings, today's price would be 34x.
NIO Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Growth | |
| Strongly improving | |
| Limited | |
| Moderate |
NIO has the edge over ZUMZ on the outlook, with more favorable revenue and profitability expectations.
ZUMZ Forward outlook
| Metric | Outlook |
|---|---|
| Strongly deteriorating | |
| Strong growth | |
| Stable | |
| Stable | |
| Limited | |
| Low |
Analysts expect ZUMZ's earnings to grow, with its revenue and profitability holding steady. 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.
ZUMZ Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.42 | -35% |
| Q3 2026 | $0.64 | +$0.68 |
| Q2 2026 | $0.75 | +$0.77 |
| Q1 2026 | $0.78 | +$0.87 |
| Q4 2025 | $0.45 | +$3.02 |
| Q3 2025 | -$0.04 | +$2.71 |
| Q2 2025 | -$0.02 | +$3.13 |
| Q1 2025 | -$0.09 | +$3.16 |
| Q4 2024 | -$2.57 | -$1.63 |
ZUMZ 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 has the edge over ZUMZ 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.
ZUMZ Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $209M | -2.5% |
| Q2 2026 | $193.3M | +4.9% |
| Q1 2026 | $291.3M | +4.4% |
| Q4 2025 | $239.1M | +7.5% |
| Q3 2025 | $214.3M | +1.9% |
| Q2 2025 | $184.3M | +3.9% |
| Q1 2025 | $279.2M | -0.9% |
| Q4 2024 | $222.5M | +2.8% |
ZUMZ's revenue fell from its 2022 peak and has held roughly level since: $209M last quarter, down 2.5% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -0.6% | -0.7 points |
| Q2 2026 | -7.9% | +2.9 points |
| Q1 2026 | 8.6% | +1.4 points |
| Q4 2025 | 4.9% | +3.9 points |
| Q3 2025 | 0.1% | +0.2 points |
| Q2 2025 | -11% | +0.6 points |
| Q1 2025 | 7.2% | +19 points |
| Q4 2024 | 1.1% | +1.1 points |
ZUMZ 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.
ZUMZ Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$2.4M | -125% |
| Q2 2026 | -$29.8M | -$5.5M |
| Q1 2026 | $54.1M | +8.9% |
| Q4 2025 | $3.1M | +$25.4M |
| Q3 2025 | $9.5M | +$10.1M |
| Q2 2025 | -$24.3M | -$3.2M |
| Q1 2025 | $49.7M | +48% |
| Q4 2024 | -$22.3M | -$19.3M |
ZUMZ usually generates cash, though not every quarter: the latest was −$2M, but it generated $25M over the past year.
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.
ZUMZ Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -3.1% | -497K shares |
| 1 year | -5.9% | -990K shares |
| 3 years | -19% | -3.6M shares |
| 5 years | -39% | -9.9M shares |
| Available history | -39% | -9.9M shares |
ZUMZ has the edge over NIO on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $23M |
| Q2 2026 | $6M |
| Q1 2026 | — |
| Q4 2025 | $5.6M |
| Q3 2025 | $7.5M |
| Q2 2025 | $25.2M |
| Q1 2025 | — |
| Q4 2024 | $5.6M |
ZUMZ spent $35M buying back its own shares over the past year, down 9.8% from the year before.
NIO Net Leverage
NIO's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
ZUMZ Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -1.3x | Net Cash |
| Q2 2026 | -1.6x | Net Cash |
| Q1 2026 | -3.4x | Net Cash |
| Q4 2025 | -2.4x | Net Cash |
| Q2 2025 | -2.6x | Net Cash |
| Q1 2025 | -4.7x | Net Cash |
| Q4 2023 | -9.4x | Net Cash |
| Q3 2023 | -3.7x | Net Cash |
ZUMZ has more cash than debt.
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).
ZUMZ Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 36.8 | Neutral |
| Stochastic | 18.2 | Oversold |
ZUMZ's weekly RSI is 37 (neutral) and its Stochastic is 18 (oversold).
NIO PE vs Consumer Cyclical Sector
NIO has no meaningful PE right now: it lost money over the past year.
ZUMZ PE vs Consumer Cyclical Sector
| Metric | ZUMZ | Sector median | Relative |
|---|---|---|---|
| PE | 22x | 18x | 22% above |
| PE % | 76 | 47 | 29 pts above |
ZUMZ is trading at 22x earnings, a 22% premium to 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.
ZUMZ Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $14.1 | 0.2% above |
| 20 week MA | $16.3 | 14% below |
| 50 week MA | $20.9 | 33% below |
| 100 week MA | $18.6 | 24% below |
| 200 week MA | $19.0 | 26% below |
ZUMZ 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 has the edge over ZUMZ on returns for 2026, with the stronger performance.
ZUMZ Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $32.7 | $36.0 | +10% |
| 2021 | $36.0 | $45.9 | +27% |
| 2022 | $45.9 | $21.0 | -54% |
| 2023 | $21.0 | $20.3 | -3.2% |
| 2024 | $20.3 | $19.5 | -4.3% |
| 2025 | $19.5 | $27.2 | +40% |
| 2026 YTD | $27.2 | $14.1 | -48% |
ZUMZ has finished lower in three of the last six years. It's down 48% so far in 2026.