NIO stock reports 25.4 percent Q3 delivery growth

Published on 10/04/2026 at 18:54 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

NIO stock closed at USD 3.37 on October 2, while second-quarter revenue reached RMB 32,136.9 million. Analysts set a USD 6 mean target.

NIO Inc., US62914V1061, Illustration mit AI erstellt.

NIO Inc. (ISIN US62914V1061) delivered 109,178 vehicles in the third quarter of 2026, an increase of 25.4 percent from the same period a year earlier. The company reported the figure in its October 1, 2026 delivery update, which also showed 300,301 vehicles delivered in the first three quarters, up 49.2 percent year over year, according to NIO.

Quarterly deliveries accelerate

September deliveries reached 37,408 vehicles, up 7.7 percent year over year. The NIO brand supplied 21,318 vehicles, ONVO delivered 8,763 and FIREFLY contributed 7,327, giving the three-brand portfolio a measurable role in the quarterly result, according to NIO.

The first-nine-month total is the larger signal for operating scale. NIO-brand deliveries reached 181,988 vehicles, up 63.4 percent year over year, while FIREFLY delivered 48,122 vehicles, up 136.7 percent, according to the company release dated October 1, 2026.

Revenue and margin set the test

NIO's second-quarter total revenue was RMB 32,136.9 million, up 69.1 percent year over year, while gross profit increased 211.3 percent to RMB 5,906.5 million. Gross margin was 18.4 percent, compared with 10.0 percent in the second quarter of 2025, according to NIO.

For the third quarter, NIO had guided for 108,000 to 111,000 vehicle deliveries and revenue of RMB 33,285 million to RMB 34,051 million. The reported delivery total landed inside that range, but the September growth rate was lower than the quarter's 25.4 percent increase, making brand mix and margin conversion important measures for the next results release.

Analysts see upside from USD 3.37

NIO stock closed at USD 3.37 on the NYSE on October 2, 2026, down 0.88 percent from the prior close. The session range was USD 3.37 to USD 3.45, volume was 29,130,776 shares and the market capitalization was USD 8.4 billion.

The stock stood 57.1 percent below its 52-week high of USD 7.86 and at its 52-week low of USD 3.37 on the same date. According to Yahoo Finance on October 3, 2026, 24 analysts listed 12 Buy ratings, 5 Outperforms, 6 Holds and 1 Underperform; the mean target was USD 6 and the lowest target was USD 4. The mean target lies 78.0 percent above the October 2 closing price.

That valuation gap places execution at the center of the NIO story. Delivery growth is visible in all three brands, while the second-quarter margin improvement supplies a financial checkpoint that must develop alongside volume.

NIO stock closes at USD 3.37

NIO stock closed at USD 3.37 on the NYSE on October 2, 2026, with the 52-week range at USD 3.37 to USD 7.86 and the daily change at minus 0.88 percent.