Wall Street predicts Nio stock price for next 12 months
NIO(NIO) finbold.com·2024-05-16 20:53
In what might finally be a break that Nio (NYSE: NIO) so desperately needed along with the broader EV industry, the sentiment shifts as we delve deeper into Q2. A historically better yearly period for automakers begins.In a trend that has become spread across the EV maker industry, NIO stock has seen its value decline gradually since the beginning of 2024 by 37%, only for the sentiment to shift in the last month, with NIO shares gaining almost 40% value, causing Wall Street to rethink their price targets ag ...