JPMorgan cuts NIO target from USD 4.50 to 3.70 for NIO Inc. stock

Published on 10/27/2026 at 22:31 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

NIO delivered 109,178 vehicles in Q3, up 25.40 percent year over year. NIO Inc. stock costs EUR 2.96 on October 27, 2026.

Targets, deliveries and dates

JPMorgan cut its NIO target from USD 4.50 to USD 3.70 on October 26, 2026.
NIO delivered 109,178 vehicles in the third quarter of 2026, up 25.40 percent year over year.
NIO Inc. stock costs EUR 2.96 at Lang & Schwarz on October 27, 2026 at 10:25 p.m. CEST.
NIO is scheduled to report third-quarter 2026 results on November 11, 2026.

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JPMorgan cut its NIO target from USD 4.50 to USD 3.70 while keeping a neutral rating in a research note dated October 26, 2026, as MarketBeat reported. The euro quotation was EUR 2.96 at Lang & Schwarz on October 27, 2026 at 10:25 p.m. CEST.

Deliveries provide the operating anchor

NIO delivered 109,178 vehicles in the third quarter of 2026, an increase of 25.40 percent from the year-earlier period. The company also delivered 300,301 vehicles in the first three quarters of 2026, up 49.20 percent year over year, according to its investor-relations release dated October 1, 2026. The figures cover the NIO, ONVO and FIREFLY brands.

The stock remains near its yearly low

On the NYSE, NIO last traded at USD 3.29 on October 27, 2026 at 4:00 p.m. ET, up 0.92 percent on the session. The quoted 52-week range was USD 3.24 to USD 7.54, placing the stock USD 0.05 above its low and USD 4.25 below its high. MarketBeat reported a market capitalization of USD 8.08 billion on October 26, 2026.

What comes next for NIO?

NIO is scheduled to report third-quarter 2026 results on November 11, 2026, according to Barron's. The latest reported second-quarter revenue was RMB 32.14 billion, while net income attributable to common shareholders was a loss of RMB 721.59 million, based on the period ended June 30, 2026.

Peer values show a mixed picture

Comparison with peers

NIO Inc.: up 0.92 percent on the NYSE, P/E -10.29, market capitalization USD 7.9 billion.
XPeng: up 1.86 percent on the NYSE, P/E -18.61, market capitalization USD 8.8 billion.
Li Auto: down 0.79 percent on the Nasdaq, P/E -16.28, market capitalization USD 11.7 billion.

Targets meet operating evidence

JPMorgan's lower target contrasts with NIO's higher third-quarter delivery volume, but the company remains loss-making in the second quarter of 2026. The November reporting date will put the delivery growth and revenue trend into the same earnings picture.

NIO Inc. was trading at EUR 2.96 at Lang & Schwarz on October 27, 2026 at 10:25 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of NIO Inc. stock.