Nio Shares Face Heightened Scrutiny Following Citigroup Downgrade
28.11.2025 - 14:31:04
Chinese electric vehicle manufacturer Nio is confronting significant market pressure after Citigroup revised its outlook on the company. The financial institution reduced its price target for the Tesla competitor, citing a “bleak sales outlook” as the primary reason. This development occurs amidst aggressive expansion by rivals BYD and XPeng, raising fundamental questions about Nio’s operational performance. Can the company orchestrate a meaningful recovery, or is a more severe downturn imminent?
The timing of Citigroup’s assessment appears particularly unfavorable. Nio management recently downwardly revised its fourth-quarter delivery forecast, now anticipating between 120,000 and 125,000 vehicle deliveries. This figure falls approximately 20% short of the market’s initial expectation of 150,000 units, creating a substantial Read more...
