J.P. Morgan Reiterates a Buy on NIO Inc. (NIO), Setting an $8 PT

NIO Inc. (NYSE:NIO) is one of the top high growth international stocks to buy right now. In a report released on September 11, Nick Lai from J.P. Morgan reiterated a Buy rating on NIO Inc. (NYSE:NIO) and set a price target of $8.00.

NIO Inc. (NYSE:NIO) reported its unaudited financial results for fiscal Q2 2025 on September 2, with total revenues for the quarter reaching RMB19,008.7 million ($2.653 billion). The company also reported quarterly vehicle deliveries of 72,056 units.

Headquartered in Jiading, China, NIO Inc. (NYSE:NIO) designs, manufactures, and sells electric vehicles. It provides users with power express valet services, home charging, and other power solutions, such as battery swapping, public charging, and access to power mobile charging trucks. The company’s products include the EP9 supercar and ES8 7-seater SUV.

While we acknowledge the potential of NIO as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.