Nio (NIO) stock’s price target has been lifted by a couple of analysts after the Chinese EV maker reported its first-quarter results. The quarter showed steady progress, where revenue was a bit soft, but margins improved, and deliveries were better than feared. The company kept costs under control, lifted its full‑year sales view, and pointed to a stronger model lineup ahead.
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BofA Cites Better Margins and Strong Pipeline
BofA Securities analyst Ming Hsun Lee raised his price target to $6.80 from $6.70, while keeping a Hold rating. The move shows a small but real lift in Nio’s mid‑term outlook. Lee raised his 2026 and 2027 sales forecasts by 1% each. The analyst also bumped up his gross margin view by 1.4% for both years, citing Nio’s new sales guidance, a stronger model lineup, and better margin visibility.
The biggest shift came in earnings expectations. He boosted the 2026 adjusted net profit estimate by 593% and the 2027 estimate by 23%. Nevertheless, Lee maintained a Neutral stance, pointing to sector headwinds such as lower EV subsidies and rising costs for batteries, memory, and metals in 2026.
Citi Turns More Bullish with a Higher Target
Citi analyst Jeff Chung also raised his price target, lifting it to $8.20 from $7.60 while maintaining a Buy rating. The higher target reflects confidence in the company’s product cycle and improving fundamentals.
Is NIO a Good Stock to Buy Now?
According to TipRanks, NIO stock has a Moderate Buy consensus rating based on four Buys, two Holds, and one Sell assigned in the last three months. At $6.21, NIO’s share price target implies an upside of over 11% on the current trading level.
