BofA raised the firm’s price target on Nio (NIO) to $6.70 from $6.30 after quarterly results. The firm reiterates a Neutral rating on Nio, as its strong model pipeline and OPEX are partially offset by sector headwind, namely lower EV purchase subsidy and cost inflation in 2026.
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:
- Morning News Wrap-Up 3/10/26: Tuesday’s Biggest Stock Market Stories!
- Midday Fly By: HP Enterprise reports Q1 beat, BioNTech announces new company
- Unusually active option classes on open March 10th
- Nio Stock Is Up Today after Q4 Earnings. Let’s Look at Who Owns It
- Options Volatility and Implied Earnings Moves Today, March 10, 2026