NIO Inc. (NIO)
NYSE: NIO · Real-Time Price · USD
5.31
+0.31 (6.20%)
At close: Nov 7, 2024, 4:00 PM
5.33
+0.02 (0.38%)
After-hours: Nov 7, 2024, 6:24 PM EST
NIO Inc. Stock Forecast
Stock Price Forecast
The 11 analysts with 12-month price forecasts for NIO Inc. stock have an average target of 7.49, with a low estimate of 4.00 and a high estimate of 15. The average target predicts an increase of 41.05% from the current stock price of 5.31.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for NIO Inc. stock from 11 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 3 | 3 |
| Buy | 1 | 1 | 1 | 1 | 2 | 3 |
| Hold | 6 | 6 | 6 | 6 | 5 | 4 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 12 | 12 | 12 | 12 | 11 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Macquarie | Macquarie | Hold → Buy Upgrades $6.6 | Hold → Buy | Upgrades | $6.6 | +24.29% | Oct 28, 2024 |
| JP Morgan | JP Morgan | Hold → Buy Upgrades $5.3 → $8 | Hold → Buy | Upgrades | $5.3 → $8 | +50.66% | Sep 6, 2024 |
| B of A Securities | B of A Securities | Hold Maintains $5 → $5.3 | Hold | Maintains | $5 → $5.3 | -0.19% | Sep 5, 2024 |
| Citigroup | Citigroup | Strong Buy Maintains $8.5 → $7 | Strong Buy | Maintains | $8.5 → $7 | +31.83% | Sep 4, 2024 |
| B of A Securities | B of A Securities | Hold Maintains $5.9 → $6 | Hold | Maintains | $5.9 → $6 | +12.99% | Jun 7, 2024 |
Financial Forecast
Revenue This Year
73.50B
from 55.62B
Increased by 32.15%
Revenue Next Year
106.68B
from 73.50B
Increased by 45.14%
EPS This Year
-8.41
from -12.44
EPS Next Year
-6.15
from -8.41
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 131.9B | 159.0B | 179.9B | ||
| Avg | 73.5B | 106.7B | 121.0B | ||
| Low | 62.9B | 77.0B | 86.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 137.2% | 116.3% | 68.7% | ||
| Avg | 32.2% | 45.1% | 13.4% | ||
| Low | 13.1% | 4.7% | -18.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -2.86 | 0.72 | -2.29 | ||
| Avg | -8.41 | -6.15 | -5.61 | ||
| Low | -11.73 | -13.29 | -12.55 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | - | - | ||
| Avg | - | - | - | ||
| Low | - | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.