NIO Needs More Popular Models to Support Sales -- Market Talk

Dow Jones05-22

0349 GMT - NIO needs to roll out more in-demand models to further support its sales, market share and margin profile, Nomura analysts write in a note. Investors will track the performance of NIO's ES9, which is set for release next Wednesday, they say. Following good customer feedback in the ES9 preorder data, Nomura remains positive on the company and expects NIO to deliver sequential improvement in shipments and financials into later quarters this year. NIO will release a five-seat version of the ES8 in 2H, and it is targeting the release of three to five new models each year over the next few years. Nomura maintains a buy rating on the stock with a target price of $8.6. The ADRs last closed at $5.60. (jiahui.huang@wsj.com; @ivy_jiahuihuang)

(END) Dow Jones Newswires

May 21, 2026 23:49 ET (03:49 GMT)

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