Synopsys Reports Disappointing Results, Alongside Nio and Other Major Stocks Declining in Wednesday's Pre-Market Trading
Written by Emily J. Thompson, Senior Investment Analyst
Source: Benzinga
Updated: Sep 10 20250mins
U.S. Stock Futures: U.S. stock futures showed mixed results, with Dow futures dropping approximately 100 points, while several stocks experienced significant declines in pre-market trading.
Synopsys Earnings Report: Synopsys, Inc. reported weaker-than-expected third-quarter results, with adjusted earnings of $3.39 per share and revenue of $1.73 billion, leading to a 21.4% drop in its stock price.
Other Stocks Declining: Several other companies, including QMMM Holdings and Epsium Enterprise, saw substantial pre-market declines, with QMMM falling 60% after a previous surge.
Market Reactions: Stocks like NIO and Chewy also faced declines due to various announcements, including an equity offering and disappointing second-quarter results, respectively.
NIO.N
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Analyst Views on NIO
Wall Street analysts forecast NIO stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for NIO is 6.90 USD with a low forecast of 3.00 USD and a high forecast of 8.60 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
13 Analyst Rating
6 Buy
6 Hold
1 Sell
Moderate Buy
Current: 5.010
Low
3.00
Averages
6.90
High
8.60
Current: 5.010
Low
3.00
Averages
6.90
High
8.60
Barclays
Underweight
maintain
$3 -> $4
2025-11-28
Reason
Barclays
Price Target
$3 -> $4
2025-11-28
maintain
Underweight
Reason
Barclays raised the firm's price target on Nio to $4 from $3 and keeps an Underweight rating on the shares. The company's Q3 results brought better vehicle gross margins but higher sales and marketing, the analyst tells investors in a research note. The firm notes that Nio's Q4 delivery guide is lower than expected.
Freedom Capital
Hold
to
Buy
upgrade
$7
2025-11-28
Reason
Freedom Capital
Price Target
$7
2025-11-28
upgrade
Hold
to
Buy
Reason
Freedom Capital upgraded Nio to Buy from Hold with a price target of $7, up from $6.50. The Chinese EV maker has shown accelerating delivery growth in recent quarters and intends to build on that momentum with the launch of two sub-brands, notes the analyst, who believes that rising shipments next year will drive the company's revenue to "new record levels."
Citi
Buy
downgrade
2025-11-26
Reason
Citi
Price Target
2025-11-26
downgrade
Buy
Reason
Citi lowered the firm's price target on Nio to $6.90 from $8.60 and keeps a Buy rating on the shares. The firm cites the company's "weak" volume outlook for Q4 on slowing down orders, low visibility of sales into Q1, and more intense competition for the target cut.
BofA
BofA
Neutral
downgrade
2025-11-25
Reason
BofA
BofA
Price Target
2025-11-25
downgrade
Neutral
Reason
BofA lowered the firm's price target on Nio to $6.70 from $7.60 and keeps a Neutral rating on the shares following quarterly results. The firm notes total revenue came in at RMB 22B, up 17% year-over-year/up 15% quarter-over-quarter and largely in line with its expectation. The year-over-year growth was driven by 41% year-over-year vehicle sales volume growth but lower ASP upon product mix change. Nio targets 120k-125k units of car delivery in Q4, up 65%-72% year-over-year/38%-44% quarter-over-quarter and lower than previous guidance of above 150k units, BofA adds.
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About NIO
NIO Inc is a holding company mainly engaged in the design, development, manufacturing and sales of smart electric vehicles. The Company offers premium smart electric vehicles under the NIO brand, family-oriented smart electric vehicles through the ONVO brand, and small smart high-end electric cars with the FIREFLY brand. The Company focuses on building in-house capabilities including battery swapping, assisted and intelligent driving, digital technologies, electric powertrain and battery, vehicle engineering and design, among others, to control the design and development of the vehicle software and hardware architecture and the critical components.
About the author
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Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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