MMacquarie NNIO · NIO
Macquarie Upgrades NIO to Outperform with $6.10 Price Target
Rating
Buy
Price target
$6.1
Previous
—
Implied upside
+34%
Macquarie analyst Eugene Hsiao upgraded NIO (NYSE: NIO) from Neutral to Outperform with a price target of $6.10.
“4Q25 sales reached the high-end of 125k guidance as strong ES8 and Firefly demand drove 44% QoQ volume growth. • Rising use of BaaS (>80%) could better insulate the company from industry headwinds as potential higher battery costs are held off balance sheet. • Upgrade to Outperform, from Neutral; raise HK/US TPs by 15% as we lift our FY26E volume forecast by 7% to 451k on stronger ES8 demand.”
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The price target and rating on this page are the opinion of the issuing research firm and its analyst, not of Price Target. This page is published for informational purposes only and is not investment advice, a recommendation, or an offer to buy or sell any security. Past performance does not guarantee future results. Consider your own circumstances and consult a licensed financial adviser before making investment decisions.
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