Nio Delivers Record Sales, Stock Targets Soar on EV Market Momentum
Nio, the Chinese electric vehicle manufacturer, has reported impressive growth in vehicle deliveries and stock market performance. In August, the company delivered 31,205 vehicles, marking a 55.2% year-over-year increase. This positive trend continued into September, with Nio setting a new monthly record of 34,749 deliveries, a 64.1% increase from the previous year.
Nio's strong performance has caught the attention of analysts. Citigroup raised its price target on Nio stock market to $8.60 in September, up from $8.10, with a range extending up to 8.50 USD. Similarly, Mizuho increased its price target to $6 from $3.50. Bank of America also raised its target to $7.60 from $5. These increases reflect the growing confidence in Nio's prospects.
Nio's financials are also showing improvement. The company's revenue grew by 10% year over year in the second quarter of 2025. Additionally, Nio posted a slimmer net loss in the same period compared to the previous year. Looking ahead, Nio expects vehicle deliveries to reach between 87,000 and 91,000 in the third quarter of 2025, indicating a year-over-year increase of 40.7% to 47.1%.
Nio's stock market has also reflected this positive momentum, rising 19.4% in September. With strong vehicle delivery numbers, increasing analyst targets, and improving financials, Nio appears well-positioned for continued growth in the electric vehicle market.
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