JPMorgan Lifts PY on NIO Inc. (NIO) to $4.80 From $4.10, Retains a Impartial Ranking
NIO Inc. (NYSE:NIO) is among the most buzzing shares to put money into proper now. On August 14, JPMorgan analyst Nick Lai raised the agency’s value goal on NIO Inc. (NYSE:NIO) to $4.80 from $4.10, holding a Impartial ranking on the shares.
A fleet of eco-friendly electrical vehicles, an emblem of the corporate’s dedication to sustainability.
The agency informed traders that it raised fiscal 2026 and 2027 quantity estimates for NIO Inc. (NYSE:NIO) by 11%-13%, based mostly on the stronger quantity from its new L90 and L80 SUV launches.
NIO Inc. (NYSE:NIO) designs, manufactures, and sells electrical autos. It supplies customers with energy categorical valet companies, house charging, and different energy options, resembling battery swapping, public charging, and entry to energy cell charging vans. The corporate’s merchandise embody the EP9 supercar and ES8 7-seater SUV.
Whereas we acknowledge the potential of NIO as an funding, we consider sure AI shares supply higher upside potential and carry much less draw back danger. Should you’re in search of an especially undervalued AI inventory that additionally stands to profit considerably from Trump-era tariffs and the onshoring development, see our free report on the finest short-term AI inventory.
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