Goldman Sachs Upgrades NIO to Buy, $7 Price Target

October 9, 2026 Analyst: Tina Hou 1 min read Reproduced verbatim
Rating
Buy
from Neutral
Target
$7
from $6.10 (+15%)
Upside
+97%
NIO at $3.56 today
Goldman Sachs and NIO logos

What the analyst said

Goldman Sachs analyst Tina Hou upgraded NIO Inc. (NYSE: NIO) from Neutral to Buy with a price target of $7.00.

Disclaimer
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.

This research note is reproduced verbatim from the issuing firm. Price Target never edits, paraphrases or alters analysts’ words — we only republish them in one place.

Where the price stands

NIO trades at $3.56. The 5 analysts who set a target in the last 3 months range from $4 to $7.10, with a median of $5. This $7 target is 40% above the median.

12-month window: day 0 of 365, closes on October 9, 2027.

Track record

This callOpen: a 12-month target, scored on October 9, 2027, a year after the note.

Firm track recordGoldman Sachs: 81% of its 16 targets at least a year old were reached within 12 months (#13 of 20 firms). Accuracy ranking →

Goldman Sachs on NIO

Goldman Sachs price targets on NIO

4 calls from October 30, 2025 to October 9, 2026. The target is back at $7, after moving between $6.10 and $7. The rating moved from Hold to Buy.

Goldman Sachs targetNIO share price
  1. October 9, 2026 This noteTarget raised from $6.10 (+15%)Buy$7
  2. September 4, 2026Target cut from $7 (−13%)Buy$6.10
  3. July 13, 2026Upgraded to Buy, kept the $7 targetBuy$7
  4. October 30, 2025Earliest call shownHold$7
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Price Target is an archive of Wall Street analyst research, published for informational purposes only. Nothing on this site is investment advice, a recommendation, or an offer to buy or sell any security. Analyst ratings and price targets are the opinions of the issuing firms, not of Price Target. Always do your own research or consult a licensed financial adviser.