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NIO

NIONYSE
Logo brought to you by Benzinga Data
$5.04
0.183.81%
Last update: 1:58 PM
15 minutes delayed
Q2 2024 Earnings were released on Thu Sep 5th, before the market open
The most recent conference call was at 8:00 AM, 1 day ago Click to view past webcast
Consensus Rating1
Buy
Highest Price Target1
$56.00
Lowest Price Target1
$4.00
Consensus Price Target1
$14.54

NIO (NYSE:NIO) Stock, Analyst Ratings, Price Targets, Forecasts

NIO Inc has a consensus price target of $14.54 based on the ratings of 17 analysts. The high is $56 issued by Goldman Sachs on October 7, 2021. The low is $4 issued by Barclays on April 2, 2024. The 3 most-recent analyst ratings were released by JP Morgan, B of A Securities, and Citigroup on September 6, 2024, September 5, 2024, and September 4, 2024, respectively. With an average price target of $6.77 between JP Morgan, B of A Securities, and Citigroup, there's an implied 34.39% upside for NIO Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
1
2
Mar
1
1
Apr
2
May
1
Jun
1
1
Sep
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.4
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

JP Morgan
B of A Securities
Citigroup
Macquarie
Barclays

1calculated from analyst ratings

Analyst Ratings for NIO

Data brought to you by Benzinga APIs

FAQ

Q

What is the target price for NIO (NIO) stock?

A

The latest price target for NIO (NYSE:NIO) was reported by JP Morgan on September 6, 2024. The analyst firm set a price target for $8.00 expecting NIO to rise to within 12 months (a possible 58.89% upside). 20 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for NIO (NIO)?

A

The latest analyst rating for NIO (NYSE:NIO) was provided by JP Morgan, and NIO upgraded their overweight rating.

Q

When was the last upgrade for NIO (NIO)?

A

The last upgrade for NIO Inc happened on September 6, 2024 when JP Morgan raised their price target to $8. JP Morgan previously had a neutral for NIO Inc.

Q

When was the last downgrade for NIO (NIO)?

A

The last downgrade for NIO Inc happened on April 2, 2024 when Barclays changed their price target from $5 to $4 for NIO Inc.

Q

When is the next analyst rating going to be posted or updated for NIO (NIO)?

A

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 September 6, 2024 so you should expect the next rating to be made available sometime around September 6, 2025.

Q

Is the Analyst Rating NIO (NIO) correct?

A

While ratings are subjective and will change, the latest NIO (NIO) rating was a upgraded with a price target of $5.30 to $8.00. The current price NIO (NIO) is trading at is $5.04, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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