NIO Should See Demand Stabilize in Near Future -- Market Talk
Dow Jones
Sep 04
0750 GMT - NIO should see demand stabilize as the carmaker is now making strategic concessions to drive volumes higher, Macquarie analysts write in a note. NIO's most popular models could be priced down to maintain pricing room for new 2026 cars such as L80 and ES7 models. Those models will likely have their average selling price below higher-end counterparts, they say. That said, Macquarie does see a clearer, albeit temporary, path to profitability. The bank maintains an outperform rating on the stock and raises its target price to HK$53.00 from HK$44.00. Shares are last at HK$48.60. (jiahui.huang@wsj.com; @ivy_jiahuihuang)
(END) Dow Jones Newswires
September 04, 2025 03:50 ET (07:50 GMT)
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