Despite posting strong growth figures, Nio stock (NYSE: NIO) has been on a bumpy ride thus far in 2025.
On February 27, the stock reached a year-to-date (YTD) high of $4.79. On March 1, the Chinese electric vehicle (EV) maker reported its February delivery numbers. The 13,192 vehicles delivered in the second month of the year represent a 62.2% year-over-year (YoY) increase.
Then, in early March, NIO shares crashed in tandem with peers and rivals in the Chinese automotive sector. There was no apparent trigger for the selloff — apart from the usual volatility seen after delivery numbers are published.
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By press time on March 7, Nio shares were changing hands at a price of $4.26, marking a 2.22% decline on a YTD basis. The stock is effectively trading at early February levels.
With that being said, Wall Street equity researchers seem to have maintained their bullish outlooks on the carmaker. Let’s take a closer look at the average price forecasts that analysts have set for Nio stock price.
Nio stock forecast
At present, 6 Wall Street analysts track NIO shares and issue ratings for them. Mixed coverage dominates — as the automaker has 4 ‘Hold’ ratings, while the remaining 2 are split between a single ‘Buy’ and a single ‘Hold’.
In terms of price forecasts, there is a wide disparity at play. The Street low price target is $3.90, which equates to an 8.45% downside. In contrast, the Street high price target of $8.90 implies a 108.92% upside.
The average price target, however, sits at $5.25 — a figure that equates to a much more reasonable yet still appealing upside of 20.14% compared to the current price of Nio stock.
This represents an appreciable departure from Wall Street’s coverage as of mid-December, which had the average price target at $5.99, representing a 31.94% upside at the time.
After the recent pullback, a rebound might well be in the works. There are two significant bullish catalysts at play. The People’s Republic of China has recently given the company a $386 million cash infusion — and the automaker is slated to enter the European market with its Firefly brand in the latter half of 2025.
Lastly, readers should also keep an eye out for the company’s next earnings call, scheduled for Tuesday, March 11.
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