NIO Inc. (NYSE:NIO) is a top fundamentally strong penny stock, with analyst sentiment split: 50% Buy, 40% cautious, 3% Sell. Target price ranges from $4.03 to $9.10, with a median target of $7.04, indicating a 41.20% upside potential. Morgan Stanley analyst maintains Buy rating with a price target of $6.94.

NIO Inc. (NYSE:NIO) beat Q3 EPS forecast by ¥0.45, but missed revenue estimate with ¥21.79 billion. Analysts adjusted outlook – BofA Securities lowered price target, Macquarie downgraded stock to Neutral. NIO forecasts Q4 revenue between ¥32.760 billion and ¥34.000 billion.

NIO Inc. (NYSE:NIO) is a Chinese company specializing in smart electric vehicles, offering electric SUVs, sedans, power solutions, and chargers. While NIO has investment potential, some AI stocks may offer greater upside with less risk. Consider exploring the best short-term AI stock for potential investment opportunities.

Read more at Yahoo Finance: NIO Inc. (NIO) Holds Mixed Analyst Sentiment Despite Strong Median Upside Potential