Key Highlights:
- NIO Inc. has released its 2024 annual report, available for shareholders on its investor relations site.
- Analysts set a one-year average price target of $5.99, with potential upside reaching 90.88%.
- GuruFocus estimates a substantial 355.41% upside based on the GF Value projection.
NIO Inc. (NIO, Financial) stands as a formidable player in the electric vehicle industry, recently publishing its 2024 annual report. This document, which includes audited consolidated financial statements, can be accessed on the company's investor relations website. For those preferring a physical copy, NIO offers one free of charge to shareholders.
Wall Street Analysts Forecast
In their one-year projections, 24 analysts have set an average target price for NIO Inc (NIO, Financial) at $5.99, with forecasts ranging from a high estimate of $12.45 to a low estimate of $3.69. This average target suggests a potential upside of 90.88% from the current trading price of $3.14. Investors seeking more detailed estimates can visit the NIO Inc (NIO) Forecast page for in-depth analysis.
Furthermore, insights from 27 brokerage firms have resulted in an average brokerage recommendation of 2.4 for NIO Inc (NIO, Financial), pointing to an "Outperform" status on a scale where 1 signifies a Strong Buy and 5 indicates a Sell.
GF Value calculations, a proprietary metric by GuruFocus, estimate NIO Inc's one-year fair value at $14.30. This represents a tremendous 355.41% potential upside from its current price of $3.14. The GF Value is derived from historical trading multiples, past business growth, and future business performance expectations. For more comprehensive data, please refer to the NIO Inc (NIO, Financial) Summary page.
