Goldman Sachs raises target for NIO Inc. stock to USD 7.00

Published on 10/20/2026 at 19:20 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

NIO reported RMB 32.14 billion in revenue for the second quarter of 2026. NIO Inc. stock costs EUR 3.07 on October 20, 2026, up 2.33 percent versus the Xetra close.

Analyst target and revenue

Goldman Sachs raised its NIO target from USD 6.10 to USD 7.00 on October 9, 2026.
NIO reported RMB 32.14 billion in revenue for the second quarter of 2026.
NIO Inc. stock costs EUR 3.07 at Lang & Schwarz on October 20, 2026 at 7:10 p.m. CEST, 2.33 percent above the Xetra close of October 19, 2026.

NIO Inc., US62914V1061, Illustration mit AI erstellt.

NIO Inc. (ISIN US62914V1061) received a higher USD 7.00 target from Goldman Sachs, up from USD 6.10 on October 9, 2026, according to Price Target. NIO reported RMB 32.14 billion in revenue for the second quarter of 2026, while quarterly vehicle deliveries reached 107,658 units, according to NIO Inc. The stock was trading at EUR 3.07 at Lang & Schwarz on October 20, 2026 at 7:10 p.m. CEST, up 2.33 percent versus the Xetra close of October 19, 2026 at EUR 3.00.

Revenue gives the target context

The second-quarter revenue figure marked a substantial increase from NIO's RMB 25.53 billion in the first quarter of 2026. The sequential comparison puts the latest quarter's revenue 25.85 percent higher than the preceding quarter.

NIO's vehicle deliveries also increased to 109,178 units in the three months ended September 2026, up 25.40 percent from the year-earlier period. The company delivered 300,301 vehicles in the first three quarters of 2026, an increase of 49.20 percent year over year, according to NIO Inc.

What does the price position show?

The NYSE-listed stock last traded at USD 3.45 on October 20, 2026 at 1:19 p.m. EDT. Its USD 3.36 to USD 7.54 52-week range places the latest US quote USD 0.09 above the low and USD 4.09 below the high. The company had a market capitalization of USD 8.3 billion as of October 20, 2026.

Analyst target and next date

Goldman Sachs moved its rating from Neutral to Buy while raising the target from USD 6.10 to USD 7.00 on October 9, 2026. The target is denominated in US dollars and therefore provides separate valuation context from the euro quotation in Germany.

Yahoo Finance lists November 24, 2026 as the next earnings date. That event will give investors a further update on revenue, deliveries and the company's continuing losses.

Price remains near the yearly low

NIO's latest US quote is only 2.68 percent above its 52-week low, while the higher analyst target remains more than double that price. At Lang & Schwarz, NIO was trading at EUR 3.07 on October 20, 2026 at 7:10 p.m. CEST, 2.33 percent above the Xetra close of October 19, 2026 at EUR 3.00. The further course of trading is shown by the continuously updated real-time quote of NIO Inc. stock.