NIO Price Target Raised Ahead of Earnings: (NYSE:NIO) Stock Testing Resistance
NIO’s stock (NYSE: NIO) is currently a focal point for traders, with market sentiment influenced by upcoming Q2 2025 earnings, expansion efforts, and new vehicle models. The stock’s ability to hold the $5 mark, and break $5.20 could provide the opportunity for a further leg higher, with NIO having added 11.43% YTD, and currently trading at $5.22, up 2.96% in the pre-market.
A welcome price target upgrade from Morgan Stanley analyst Tim Hsiao in yesterday’s session has added to the bull thesis, with 2026/27 volume estimates remaining unchanged with Onvo L90 orders expected to deliver a recovery in deliveries. The analyst increased NIO’s price target to $6.50 (from $5.90) and kept an Overweight rating on the stock.
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