NIO Shares Rise as Analysts Upgrade Ratings and Boost EPS Forecasts

Shares of Chinese electric‑vehicle maker NIO Inc. climbed 1.4% to $4.75 on Wednesday, with trading volume falling about 12% from its average. Analysts have been upbeat: Zacks Research upgraded the stock from “hold” to “strong buy” and raised its fourth‑quarter 2027 EPS forecast to $0.04 and its second‑quarter 2028 forecast to $0.07. The firm also noted NIO’s investment in about 18.2 million shares of Chinese memory‑chip maker CXMT, which generated more than $100 million in paper gains on the first trading day.

Other brokerage houses followed suit, with Sanford C. Bernstein setting a $6 price target, Goldman Sachs moving its rating to “buy” with a $7 target, and Bank of America maintaining a neutral stance. Seeking Alpha highlighted NIO’s strong revenue growth and recent move into profitability, arguing that despite fierce competition and a slowing Chinese EV market, the company remains an attractive buy on both short‑ and long‑term horizons.