Citi lowered the firm’s price target on Nio (NIO) to $6.90 from $8.60 and keeps a Buy rating on the shares. The firm cites the company’s “weak” volume outlook for Q4 on slowing down orders, low visibility of sales into Q1, and more intense competition for the target cut.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NIO:
- NIO Inc. Reports Strong Q3 2025 Growth
- Top Analyst Hits the Brakes on Nio Stock as Weak Q4 Guidance Sparks Demand Concerns
- NIO Stock Earns Buy Ratings after Q3 Earnings; Analysts See Breakeven Ahead
- Nio Inc’s Earnings Call: Growth Amid Challenges
- Macquarie downgrades Nio to Neutral on slower 2026 demand