Nio (NIO) shares jumped 4.7% to close at $5.34 on Monday after CEO William Li said fourth-quarter vehicle sales should exceed 30 billion yuan. The comment, made at a customer event in China, eased worries about year-end demand and lifted confidence that deliveries and pricing are holding up better than expected.
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That outlook points to a clear rebound from the third quarter, when vehicle sales came in at about 19 billion yuan. Importantly, the move came even as the broader market slipped, showing the rally was driven by company news rather than market strength. By contrast, rivals Tesla (TSLA) and Li Auto (LI) both fell on the day, helping Nio stand out. The next test is whether this Q4 strength can carry into early 2026.
Battery Strategy Adds Support
Adding to the upbeat tone, reports said Nio plans to rely more on batteries from Contemporary Amperex Technology, the world’s largest battery supplier and a key Nio investor.
At the same time, the company is said to have paused battery sourcing from BYD (BYDDY) for its Onvo L60 model. Together, these moves are seen as steps to secure supply and keep costs in check.
Deliveries Show Real Momentum
Nio stock is up 22% so far this year, helped by a steady rise in deliveries. The company has added two new brands—mass-market Onvo and premium compact Firefly—to reach more buyers, and early signs suggest the plan is working.
In October, Nio delivered more than 40,000 vehicles for the first time in a single month. November followed with the company’s second-best delivery month on record.
Looking ahead, Li’s comments suggest a strong end to the quarter, with December likely on track to become Nio’s best month yet. He also said sales remain solid without heavy discounts, a positive sign for margins.
Is NIO a Good Stock to Buy?
According to TipRanks, NIO stock has a Moderate Buy consensus rating based on two Buys, four Holds, and one Sell assigned in the last three months. At $5.90, Nio’s share price target implies a growth rate of 10.5% on the current trading level.
