NIO (NIO) Stock Forecast & Price Target

$5.64

-0.16 (-2.76%)

(As of 10/15/2024 ET)

NIO - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Hold

Based on 12 Analyst Ratings

Sell
1

Hold
8

Buy
3

Based on 12 Wall Street analysts who have issued ratings for NIO in the last 12 months, the stock has a consensus rating of "Hold." Out of the 12 analysts, 1 has given a sell rating, 8 have given a hold rating, 2 have given a buy rating, and 1 has given a strong buy rating for NIO.

Consensus Price Target

$5.93
5.29% Upside

According to the 12 analysts' twelve-month price targets for NIO, the average price target is $5.93. The highest price target for NIO is $8.00, while the lowest price target for NIO is $4.00. The average price target represents a forecasted upside of 5.29% from the current price of $5.64.

NIO Analyst Ratings Over Time

Type	Current Forecast 10/17/23 to 10/16/24	1 Month Ago 9/17/23 to 9/16/24	3 Months Ago 7/19/23 to 7/18/24	1 Year Ago 10/17/22 to 10/17/23
Strong Buy	1 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	2 Buy rating(s)	2 Buy rating(s)	2 Buy rating(s)	3 Buy rating(s)
Hold	8 Hold rating(s)	8 Hold rating(s)	8 Hold rating(s)	7 Hold rating(s)
Sell	1 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$5.93	$5.93	$7.55	$12.68
Forecasted Upside	5.29% Upside	9.77% Upside	66.20% Upside	48.68% Upside
Consensus Rating	Hold	Hold	Hold	Hold

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NIO Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

NIO Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

NIO Stock vs. The Competition

Type	NIO	Auto/Tires/Trucks Companies	S&P 500
Consensus Rating Score	2.25	2.49	2.50
Consensus Rating	Hold	Hold	Hold
Predicted Upside	5.29% Upside	216.56% Upside	6.72% Upside
News Sentiment Rating	Neutral News See Recent NIO News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
9/30/2024	Daiwa America 0 of 5 stars	K. Lau Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Strong-Buy
9/6/2024	JPMorgan Chase & Co. 3 of 5 stars		Upgrade	Neutral ➝ Overweight	$5.30 ➝ $8.00	+64.95%
9/5/2024	Bank of America 4 of 5 stars		Boost Target	Neutral ➝ Neutral	$5.00 ➝ $5.30	+13.01%
9/5/2024	Wolfe Research Subscribe to MarketBeat All Access for the recommendation accuracy rating	E. Rosner Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Peer Perform
9/4/2024	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$8.50 ➝ $7.00	+65.29%
4/15/2024	Macquarie Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Neutral	$5.00	+21.65%
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4/2/2024	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Equal Weight ➝ Underweight	$5.00 ➝ $4.00	-13.98%
3/25/2024	Mizuho Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Buy ➝ Neutral	$5.50	+12.47%
3/14/2024	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral ➝ Neutral	$8.00 ➝ $7.20	+29.26%
3/7/2024	Sanford C. Bernstein Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Market Perform ➝ Market Perform	$7.50 ➝ $5.50	-4.68%
3/6/2024	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Hold ➝ Hold	$8.30 ➝ $5.90	+10.07%
1/3/2024	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Neutral
9/6/2023	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$17.00 ➝ $16.00	+48.15%
8/31/2023	CLSA Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$18.00 ➝ $14.00	+31.33%
6/12/2023	Nomura Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Neutral	$25.80 ➝ $7.50	-7.18%
3/20/2023	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$16.10 ➝ $12.00	+45.28%
12/29/2022	China Renaissance Subscribe to MarketBeat All Access for the recommendation accuracy rating	cut the Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Hold	$12.30 ➝ $10.40	+6.12%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 06:25 AM ET.

NIO Forecast - Frequently Asked Questions

: According to the research reports of 12 Wall Street equities research analysts, the average twelve-month stock price forecast for NIO is $5.93, with a high forecast of $8.00 and a low forecast of $4.00.
: 12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for NIO in the last twelve months. There is currently 1 sell rating, 8 hold ratings, 2 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" NIO shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in NIO, but not buy additional shares or sell existing shares.
: According to analysts, NIO's stock has a predicted upside of 5.29% based on their 12-month stock forecasts.
: Over the previous 90 days, NIO's stock had 2 upgrades by analysts.
: NIO has been rated by research analysts at Bank of America, Citigroup, Daiwa America, JPMorgan Chase & Co., and Wolfe Research in the past 90 days.
: Analysts like NIO less than other "auto/tires/trucks" companies. The consensus rating score for NIO is 2.25 while the average consensus rating score for "auto/tires/trucks" companies is 2.49. Learn more on how NIO compares to other companies.

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This page (NYSE:NIO) was last updated on 10/16/2024 by MarketBeat.com Staff

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