NIO reports 109,178 deliveries: NIO stock sits 56.49 percent below its high

Published on 10/06/2026 at 14:09 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

September deliveries rose 7.70 percent year over year to 37,408 vehicles. NIO stock costs EUR 3.04 on October 6, 2026 versus the EUR 3.04 prior close.

NIO Inc., US62914V1061, Illustration mit AI erstellt.

NIO Inc. (ISIN US62914V1061) was trading at EUR 3.04 at Lang & Schwarz on October 6, 2026 at 2:04 p.m. CEST, while its October 1 delivery update reported 109,178 vehicles for the third quarter of 2026, up 25.40 percent year over year. The figure gives NIO's stock a concrete operating measure as the company scales its NIO, ONVO and FIREFLY brands.

Deliveries reach 109,178 vehicles

According to NIO Inc. on October 1, 2026, September deliveries reached 37,408 vehicles, an increase of 7.70 percent from September 2025. The quarter included 21,318 NIO-brand vehicles, 8,763 ONVO vehicles and 7,327 FIREFLY vehicles.

The first three quarters of 2026 produced 300,301 deliveries, up 49.20 percent year over year, while cumulative deliveries reached 1,297,893 vehicles as of September 30, 2026. For investors, the mix matters because the growth came across three brands rather than from a single model launch.

Revenue and margins improve

In the second quarter of 2026, NIO reported RMB 32,136.9 million of revenue, up 69.10 percent from the second quarter of 2025, according to NIO on September 1, 2026. Gross margin reached 18.40 percent, compared with 10.00 percent a year earlier, and vehicle margin was 18.50 percent versus 10.30 percent.

NIO's third-quarter outlook called for 108,000 to 111,000 vehicle deliveries and revenue between RMB 33,285 million and RMB 34,051 million. The range places execution, rather than a new product headline, at the center of the next operating update.

Analyst targets remain above the quote

MarketBeat reported that JPMorgan cut its NIO rating from Overweight to Neutral and reduced its target from USD 7.00 to USD 4.50 in a report dated September 2, 2026. At the USD 3.42 NYSE quote, the new target lies 31.58 percent above the price.

The same MarketBeat report said Sanford C. Bernstein cut its target from USD 6.00 to USD 5.00 and set a Market Perform rating on September 2, 2026. The split between rising deliveries and continuing target reductions leaves margin improvement and cash generation as the key measures for the next results cycle.

Stock stays below its yearly high

NIO stock was trading at EUR 3.04 at Lang & Schwarz on October 6, 2026 at 2:04 p.m. CEST, unchanged versus the Lang & Schwarz prior close of EUR 3.04 on October 5, 2026. On the NYSE, NIO was last at USD 3.42 on October 5, 2026 at 4:00 p.m. ET; the USD 3.37 to USD 7.86 52-week range places the quote 56.49 percent below its high. The further course of trading is shown by the continuously updated real-time quote of NIO stock.