What the analyst said
CLSA analyst Ding Luo lowered the price target on NIO Inc (9866:HK) (NYSE: NIO) to HK$29 (from HK$55) while maintaining a Outperform (2) rating.
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.
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.
Track record
Firm track recordToo early to score CLSA: price targets are 12-month calls and fewer than 3 of its targets are a year old. 2 of its 8 open targets have already been reached. How we score
CLSA on NIO
CLSA price targets on NIO
2 calls from May 27, 2026 to October 23, 2026. The target went from HK$55 to HK$29 (−47%). The rating stayed Buy.
HK$30HK$40HK$50HK$55This noteHK$29
May 2026Today
CLSA target
- October 23, 2026 This noteTarget cut from HK$55 (−47%)BuyHK$29
- May 27, 2026Earliest call shownBuyHK$55
