NIO Inc. (NYSE:NIO) is among the Top 15 Chinese Companies on US Exchanges, with Morgan Stanley reiterating an Overweight rating and $7 price target on January 27. Analyst Tim Hsiao remains bullish on NIO, citing delivery growth, margin upside, and potential in autonomous driving.
NIO Inc. expects annual delivery growth of 40-50% over the next two years, with 2026 volume estimated between 456,000 and 489,000 vehicles. New models like ES9 and ES7 are expected to drive demand, with the ES9 potentially offering a profit engine at an average selling price of around ¥500,000.
NIO Inc. is a Chinese smart EV maker known for its electric SUVs and smart electric sedans. The company delivers vehicles worldwide, targeting the growing market for electric vehicles.
While NIO shows investment potential, some AI stocks offer greater upside potential and less downside risk. Consider exploring undervalued AI stocks that benefit from current economic trends for potential investment opportunities.
Read more at Yahoo Finance: Morgan Stanley Reiterates Overweight Rating on NIO Inc. as the EV Maker Expects Higher Deliveries in Next Two Years
