JP Morgan Raises NIO Price Target to $4.8, Maintains Neutral Rating

JP Morgan Raises NIO Price Target to $4.8, Maintains Neutral Rating

July 02, 2025 - JPMorgan analyst Nick Lai has raised the firm's price target on Chinese electric vehicle (EV) maker Nio Inc. (NIO) to $4.80 from $4.10, while keeping a 'Neutral' rating on the shares. The new price target represents a near 4% upside to the stock’s closing price on Wednesday [1].

The update comes as JPMorgan lifted its fiscal 2026 and 2027 volume estimates for Nio by 11% to 13% on stronger volume from the company's new L90 and L80 SUV launches. These models are part of Nio's more affordable Onvo brand, which was launched in May 2024. The company delivered 21,017 vehicles in July, including 12,675 vehicles from its premium Nio brand and 5,976 from Onvo, marking a growth from the company’s July 2024 delivery numbers [1].

Nio's stock is up by 2% this year and by 20% over the past 12 months. The company is set to unveil the third-generation ES8 SUV on August 21 in Chengdu, China, giving the public its first look before the official launch at Nio Day 2025 next month [1].

Analysts' sentiments around Nio have been mixed. While JPMorgan maintains a Neutral rating, other analysts have shown varying degrees of optimism. For instance, Goldman Sachs upgraded the stock from a "Sell" to "Neutral" on June 17, 2025 [2]. On the other hand, Barclays and Mizuho have maintained cautious ratings, with Barclays lowering its price target to $3.00 and Mizuho to $3.50 [2].

The average target price for NIO Inc. (NIO) based on 24 analysts is $5.08, with a high estimate of $9.00 and a low estimate of $3.00. The consensus recommendation from 24 brokerage firms is "Outperform," indicating a positive outlook on the stock [2].

References:
[1] https://stocktwits.com/news-articles/markets/equity/jpmorgan-analyst-hikes-price-target-on-nio/chsRqMfRdOH
[2] https://www.gurufocus.com/news/3062383/nio-nio-jp-morgan-raises-price-target-maintains-neutral-rating-nio-stock-news