Can Nio stock hit $100

**NIO's Path to $100**: Achieving a $100 stock price would require significant upside potential, which can be analyzed based on current price, analyst targets, and market conditions.

1. **Current Price and Analyst Targets**:
- As of the latest data, NIO's closing price is $3.51.
- The average analyst price target is $3.33, with a consensus rating of "Neutral".
- Historically, NIO has seen a remarkable upside potential, with GuruFocus projecting a 241.98% upside based on historical performance and growth forecasts.

2. **Market Sentiment and Recent News**:
- Goldman Sachs upgraded NIO from a "Sell" to a "Neutral" rating with a price target of $3.80, suggesting a potential upside of about 9% from the current price.
- Despite the upgrade, Goldman Sachs remains cautious due to weak demand, high debt load, and reduced delivery expectations.
- NIO has faced challenges, including a 21% year-to-date share price drop and heightened competition from Tesla and BYD.
3. **Company Performance and Growth Prospects**:
- NIO has reported a 17.5% increase in June 2025 deliveries, with a total of 24,925 vehicles delivered.
- The company's second-quarter deliveries rose by 25.6% year-over-year, reaching 72,056 vehicles.
- NIO's cumulative deliveries as of June 30, 2025, amount to 785,714 units.
- NIO's vehicle margin improved year-over-year, showing a 100 basis points improvement in a key metric.
4. **Challenges and Risks**:
- NIO faces intense competition in China's EV market, with ongoing pricing pressure and market share challenges.
- The company's financials show a wider-than-expected loss for the first quarter and missed sales expectations.
- NIO's stock has lost 19.3% year-to-date as of the latest data.

**Conclusion**: While NIO has shown strong delivery performance and potential for growth, the current analyst targets and market sentiment suggest caution. The path to a $100 stock price would require significant positive developments, such as substantial market share gains, further product innovation, and a favorable market environment. Given the current price and analyst targets, achieving a $100 stock price appears challenging but not entirely remote, requiring a substantial upside from the current price target.