NIO (NIO) Stock Price Prediction and Forecast 2025-2030

NIO (NYSE:NIO) is one of the hottest EV car companies in the world and a top 10 largest in the world (3rd largest in China). NIO stock made its debut on the New York Stock Exchange on September 12th, 2018, at $6.26 per share.

Within 3 years of trading, NIO stock hit an all-time high of $62.84 in February 2021 before plummeting 91.18% to today’s price of $5.54 per share.

While the share price run-up in early 2020 was purely a momentum push, NIO brand in the EV market was not tarnished. In fact, the car company is still seen as a premium EV player and one of the first companies to address range anxiety issues by creating battery swap technology as a supplement to charging.

24/7 Wall Street aims to provide readers with our assumptions about the stock’s prospects going forward, what growth we see in NIO stock for the next several years, and what our best estimates are for NIO’s stock price each year through 2030.

Key Points in this Article: 

• NIO is the 3rd largest EV company in China
• NIO is the first EV to pioneer swappable battery packs.
• If you’re looking for a megatrend with massive potential, make sure to grab a complimentary copy of our “The Next NVIDIA” report. The report includes a complete industry map of AI investments that includes many small caps.

Recent NIO Stock Updates and news

9/12/2024

According to HSBC Global Research’s recent report, NIO reported a net loss of RMB5.1 billion for Q2, slightly weaker than the broker’s previous forecast. This is believed to be due to the underestimation of marketing expenses for its newer car models. However, NIO’s 2Q gross profit margin was recorded at 9.7%, with a QoQ increase of nearly 5 ppts. The report expects NIO’s profit margins to continue to improve with supply chain cost optimization as well as scale and efficiency enhancement.

9/11/2024

Today Herbert Diess, former CEO of Volkswagen, met with William Li, the founder and CEO of NIO.

9/10/2024

NIO experienced a slight decline of 1.62% today, closing at $5.48. This marks the end of a seven-day winning streak for the stock. The overall market was mixed, with the NASDAQ Composite Index rising and the Dow Jones Industrial Average falling.

9/6/2024

NIO’s stock price rose by more than 14% yesterday after the company reported a record revenue of $2.4 billion in the second quarter — much higher than what analysts were expecting. NIO’s quarterly loss shrank by 16.7% compared to the same period last year, and the profit margin for each vehicle sold improved to 12.2% from 6.2% a year earlier thanks to cost reduction efforts.

NIO aims to deliver between 30,000 and 30,000 cars per month and expects the profit margin for each vehicle sold to grow even more in the second half of the year, reaching as much as 15% in the fourth quarter.

9/5/2024

NIO announced impressive second-quarter results today. The company delivered a total of 577,694 EVs, which is a significant increase of 143.9% compared to the same time last year. In addition, the company’s revenue reached RMB 17.446 billion ($2.4 billion), slightly exceeding analysts’ expectations.

9/4/2024

All eyes are on NIO as the company is expected to release its quarterly earnings report tomorrow morning. Revenue is expected to be $2.44 billion, which is a 35.6% increase from last year. The company is also expected to report a loss of $0.33 per share, which is a 102.8% increase from last year.

9/3/2024

NIO’s stock price increased by 2.4% this morning, reaching $4.14, a positive movement despite a slight decrease in August sales compared to July. This is in part due to NIO’s more affordable model, the Onvo L60. Investors eagerly await the company’s second-quarter earnings report, which will be announced on Thursday.

NIO Stock Early Stage Growth

The following is a table of NIO’s revenues, operating income, and share price for the first few years as a public company.

Here’s a table summarizing performance in share price, revenues, and profits (net income) from 2014 to 2018.

Revenue and operating income  in Billion CNY (1CNY=.14 USD)

Now let’s take a look at Rivian (NASDAQ:RIVN) the first few years it was a publicly traded company (here is Rivian’s stock price forecast):

The revenue growth for both firms is similar but Rivian’s operating loss is more than double the yearly operating loss of NIO.

NIO formerly contracted its manufacturing to Jianghuai Automobile Group, paying a fee for each vehicle produced in addition to fixed cost. They have since acquired the factory from JAC. This agreement is beneficial for a young start-up in a very capital-intensive market. However, when scale is reached, the variable cost model has its downsides.

3 Key Drivers of NIO’s Stock Performance

• Product Portfolio Expansion and Growing Market Share
  • New Model Launches: Similar to Tesla, NIO started off with a higher-end roadster and used the higher-end models to re-invest into more affordable, mass-market vehicles. NIO aims to push further into price-conscious markets while also adding options for its more premium customers.
  • Add-On Services: With NIO’s battery swap technology, the company plans to roll out an innovative battery-as-a-service solution for its customer base. The company plans on building over 4,000 swap stations worldwide by the end of 2025.
• Increased Vehicle Deliveries and Market Penetration
  • Growing NEV Adoption: The market for new market vehicles (NEVs) is on the rise in China. NIO expects vehicle deliveries in 2025 to double the output from 2023 (roughly 165,000 units). This still only makes up about 2% of the Chinese NEV market and gives NIO plenty of roadway to grab market share for years to come.
  • International Expansion: NIO’s strategy includes expanding its market presence outside China. The company built its first overseas battery-swap station in Hungary in 2022 and has several service centers and NIO accessory businesses throughout Europe.
• Advancements in Technology and Customer Experience
  • Battery and Charging Solutions: NIO’s advancements in battery technology and charging solutions aim to alleviate range anxiety among consumers and help lower the overall cost of the vehicle by 15% to 30%.
  • Focus on Younger Consumers: NIO’s leadership in EV technology will provide brand equity to younger generations of drivers who value enhanced technology packages.

NIO Stock Forecast Through 2030 

Revenue in CYN millions

Compared to Rivian and Tesla, NIO’s price-to-sales valuation will be moderately discounted. While NIO is in solid financial standing and has a premium brand image, it’s still uncertain how much competition the company will face in China and expanding overseas. The company is already spending a quarter of revenues on R&D and if NIO can’t capitalize on this spend, the stock price will be sluggish compared to North American EV manufacturers.

NIO Share Price Estimates 2025-2030

How NIO’s Next 5 Years Could Play Out

Wall Street analysts have NIO’s stock price over the next year to be $6.94 which gives the stock a 25.27% upside over today’s price of $5.54. Of the 26 analysts covering the stock, the consensus recommendation is a 2.07 ‘Outperform’ Score.

We expect to see revenue growth of 60% for the year, with a price-to-sales multiple of 1x, which puts our price target at $6.63, an upside of 19.68%.

Going into 2026, we estimate the price to be $7.80, with another strong 50%+ revenue bump. However, with EBITDA still well in the negative, we see the market not rewarding the stock as much and giving it a lower valuation multiple, resulting in an upside of 40.79%.

Heading into 2027, we expect the stock price increase to leap forward to $13.80 with another strong 50%+ revenue growth year-over-year. That is a 97% year-over-year gain and up 149.10% from today’s stock price.

When predicting more than 3 years out, we expect NIO’s P/S ratio in 2028 to be 1.5x and top-line growth of 50%. In 2028, we have NIO’s revenue coming in around $36 billion, suggesting a stock price estimate at $26.39 or a gain of 376.35% over the current stock price.

24/7 Wall Street expects NIO’s stock to continue its revenue growth and to generate $25 billion in revenue. The stock price in 2029 is estimated at $18.08, or a gain of 226.35% over today’s price.

NIO Stocks Price Target for 2030

We estimate NIO’s stock price to be $25.89 per share. Our estimated stock price will be 367.33% higher than the current stock price.

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