▼ -37.24% Downside Potential
This price target is based on 11 analysts offering 12 month price targets for NIO in the last 3 months. The average price target is $17.05, with a high forecast of $40.00 and a low forecast of $4.00. The average price target represents a -37.24% upside from the last price of $27.16.
The current consensus among 11 investment analysts is to hold stock in NIO.
NIO Inc. designs, manufactures, and sells electric vehicles in the People's Republic of China. The company is also involved in the manufacture of e-powertrain, battery packs, and components; and racing management, technology development, and sales and after-sales management activities. In addition, it offers power solutions for battery charging needs; and other value-added services. The company was formerly known as NextEV Inc. and changed its name to NIO Inc. in July 2017. NIO Inc. was founded in 2014 and is headquartered in Shanghai, the People's Republic of China.