NIO Inc has a consensus price target of $11.46 based on the ratings of 17 analysts. The high is $37.7 issued by Macquarie on January 12, 2022. The low is $3.9 issued by Goldman Sachs on November 25, 2024. The 3 most-recent analyst ratings were released by Goldman Sachs, Macquarie, and Macquarie on November 25, 2024, November 20, 2024, and October 28, 2024, respectively. With an average price target of $5.1 between Goldman Sachs, Macquarie, and Macquarie, there's an implied 11.84% upside for NIO Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for NIO (NYSE:NIO) was reported by Goldman Sachs on November 25, 2024. The analyst firm set a price target for $3.90 expecting NIO to fall to within 12 months (a possible -14.47% downside). 22 analyst firms have reported ratings in the last year.
The latest analyst rating for NIO (NYSE:NIO) was provided by Goldman Sachs, and NIO downgraded their sell rating.
The last upgrade for NIO Inc happened on October 28, 2024 when Macquarie raised their price target to $6.6. Macquarie previously had a neutral for NIO Inc.
The last downgrade for NIO Inc happened on November 25, 2024 when Goldman Sachs changed their price target from $4.8 to $3.9 for NIO Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of NIO, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for NIO was filed on November 25, 2024 so you should expect the next rating to be made available sometime around November 25, 2025.
While ratings are subjective and will change, the latest NIO (NIO) rating was a downgraded with a price target of $4.80 to $3.90. The current price NIO (NIO) is trading at is $4.56, which is out of the analyst’s predicted range.
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