Among 25 analysts who cover $NIO Inc (NIO.US)$ , the median ...
Among 25 analysts who cover $NIO Inc(NIO.US$ , the median price target on the beaten-down stock is currently $58.65, which is 166% higher than the current share price. Here is a look at what specific analysts have to say about the stock and their price predictions for NIO shares.
Macquarie has a “buy” rating on Nio and has set a $37.70 price target on the shares, which is 70% higher than current levels.
HSBC has a “buy” rating on NIO stock and a $54 price target, implying 140% upside.
Bank of America also has a “buy” rating on the stock but has set its price target at $65, which is 190% higher than where the shares currently sit.
Mizuho Securities also has a “buy” rating on NIO stock and a $65 price target.
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gamblingisfun3027 : Bullish on NIO but you have to understand that analyst PTs are all bs, watch as they all drop the PTs cos everything is dropping. They don't make targets based on fundamentals
Hashira : There is some basis for the PTs, however I doubt any institutional buyers would commit any large amount for growth equity in the current market. Most have already pivoted to value. Current growth patterns are just retail investors jumping early into the dip or DCA, and day traders trying to scalp some profits. A humble guess of when recovery would be is after the first rate hike. Until then markets will continue to overreact.