Nio stock closed over 3.5% higher after Beijing announced $8.92 billion in consumer trade-in subsidies for next year. The program aims to counter economic softness and optimize new economic organizations. Nio shares have fallen over 30% in the past three months. China’s stimulus package is bullish for Nio stock as it incentivizes consumers to upgrade to new vehicles, including EVs. Options data suggests Nio shares could trade higher in the next five months. Wall Street estimates show potential upside of 55% for Nio stock in 2026, with a price target of $8.50.

Read more at Barchart: New China Subsidies Are Lifting the Bull Case for Nio Stock Today. What the Data Tells Us for 2026.