fintech / news / / Benzinga
Nio reported 98.3% year-over-year delivery growth in the first quarter.
Nio's March deliveries rose 136%, reaching 35,486 vehicles and 1,081,057 total as of March 2026.
KEY POINTS
- The third-generation ES8 SUV achieved 16,255 March sales, dominating China's premium segment above 400,000 yuan.
- Nio stock is trading 26.4% above its 100-day SMA, indicating intermediate-term bullish momentum.
- Analysts estimate Nio's Q2 2026 loss to improve to 24 cents per share, with revenue doubling year-over-year.
- HSBC, Freedom Broker, and Freedom Capital Markets upgraded Nio to Buy, raising price targets to $6.80-$7.00.
COMPANIES
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