The latest price target for NIO (NYSE:NIO) was reported by JP Morgan on September 6, 2024. The analyst firm set a price target for $8.00 expecting NIO to rise to within 12 months (a possible 43.24% upside). 20 analyst firms have reported ratings in the last year.

The latest analyst rating for NIO (NYSE:NIO) was provided by JP Morgan, and NIO upgraded their overweight rating.

The last upgrade for NIO Inc happened on September 6, 2024 when JP Morgan raised their price target to $8. JP Morgan previously had a neutral for NIO Inc.

The last downgrade for NIO Inc happened on April 2, 2024 when Barclays changed their price target from $5 to $4 for NIO Inc.

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of NIO, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for NIO was filed on September 6, 2024 so you should expect the next rating to be made available sometime around September 6, 2025.

While ratings are subjective and will change, the latest NIO (NIO) rating was a upgraded with a price target of $5.30 to $8.00. The current price NIO (NIO) is trading at is $5.59, which is within the analyst’s predicted range.