Nio shares trade below $5, down 89% over five years, creating a stark divide between Reddit sentiment and Wall Street forecasts. Reddit investors express exhaustion, with one user holding 141 shares at $47.79 average facing a $6,000 unrealised loss from the 2020 EV boom. Wall Street maintains a $7.39 average price target with 75% bullish consensus among analysts. Six analysts rate the stock Strong Buy, 12 say Buy, five Hold, and one Strong Sell. Nio delivered 83,465 vehicles in Q1, up 98% year-over-year, with vehicle margin expanding to 19%. Management guided Q2 deliveries to 110,000-115,000 units on revenue of $4.75-4.99 billion. However, the company posted a GAAP loss and included going-concern language in FY2025 filings.

Goldman Sachs upgraded Chinese electric vehicle maker Nio from "neutral" to "buy" on 13 July, setting a $7 price target that implies 42% upside from the current share price of $4.93. The upgrade follows Nio's strong June and second-quarter delivery results, with 40,597 vehicles delivered in June and 107,658 for the full quarter. Goldman cited a "successful turnaround" driven by the ES8 and ES9 premium SUV models. The investment firm projects 43% vehicle volume growth and 60% revenue growth for Nio in 2026, vastly outpacing the 1% growth expected in China's broader domestic auto market. Goldman anticipates Nio will achieve a non-GAAP net profit of 1.6 billion yuan, compared to a 12.4 billion yuan loss in 2025.

Nio reported a gross margin of 19% in Q1 FY2026, nearly triple the 7.6% recorded a year earlier, whilst R&D costs fell 41%. Chief executive William Li is targeting full-year 2026 profitability on a non-GAAP operating basis. The Chinese electric vehicle maker delivered 83,465 units in Q1, up 98% year on year, across its three brands: Nio, Onvo, and Firefly. The company guided for 110,000 to 115,000 vehicles in Q2. Nio's 3,972-station battery swap network reached a 21% other-sales margin, a four-year high. Li described the services business as reaching "an inflection point." The shares have fallen 89% over five years and currently trade at $4.93. Analysts hold a consensus price target of $7.35, implying 49% upside.