As you can see, institutional investors have a fair amount of stake in NIO. This can indicate that the company has a certain degree of credibility in the investment community. However, it is best to be wary of relying on the supposed validation that comes with institutional investors. They too, get it wrong sometimes. If multiple institutions change their view on a stock at the same time, you could see the share price drop fast. It's therefore worth looking at NIO's earnings history below. Of course, the future is what really matters. NYSE:NIO Earnings and Revenue Growth January 13th 2022