Bank of America Raises NIO Price Target to $6.80
- Rating
- Hold
- Unchanged
- Target
- $6.80
- from $6.70 (+1%)
- Upside
- +106%
- NIO at $3.30 today
What the analyst said
BofA Securities analyst Ming Hsun Lee raised the price target on NIO (NYSE: NIO) to $6.80 (from $6.70) while maintaining a Neutral rating.
“We factor in 1Q26 result, and slightly lift our 2026/27E sales volume by 1%/1% and lift GPM by 1.4ppt/1.4ppt to factor in reflect the new sales guidance, model pipeline, and margin guidance.
Net-net, we raise the 2026/27E non-GAAP net profit by 593%/23%. We raise our PO to USD6.8/ADS (HKD53) from USD6.7 (HKD52 per share, see details on page 5).
We reiterate Neutral rating on NIO, as its strong model pipeline and OPEX are partially offset by sector headwind: lower EV purchase subsidy and cost inflation (battery, memory, metals) in 2026.”
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Where the price stands
NIO trades at $3.30. The 5 analysts who set a target in the last 3 months range from $4 to $7.10, with a median of $5. This $6.80 target is 36% above the median.
Since the note NIO has moved −41% (from $5.59). 12-month window: day 154 of 365, closes on May 21, 2027.
Track record
This callOpen: NIO has not reached $6.80 yet. This 12-month target is scored on May 21, 2027.
Firm track recordBank of America: 86% of its 28 targets at least a year old were reached within 12 months (#12 of 28 firms). Accuracy ranking →
Bank of America on NIO
Bank of America price targets on NIO
4 calls from September 22, 2025 to May 21, 2026. The target went from $7.60 to $6.80 (−11%). The rating stayed Hold.
- May 21, 2026 This noteTarget raised from $6.70 (+1%)Hold$6.80
- March 10, 2026Kept the $6.70 targetHold$6.70
- November 26, 2025Target cut from $7.60 (−12%)Hold$6.70
- September 22, 2025Earliest call shownHold$7.60
