Barclays Is Bullish On NIO Inc. (NIO)

NIO Inc. (NYSE:NIO)  is among 10 Best EV Stocks to Buy Heading into 2026. 

On November 28, TheFly revealed that Barclays had raised its price target for NIO Inc. (NYSE:NIO) from $3 to $4. The stock’s Underweight rating was maintained by the company. According to Barclays, the company’s third-quarter sales and marketing costs were higher, while vehicle gross margins improved. Furthermore, the firm stated that NIO Inc. (NYSE:NIO)’s fourth-quarter delivery forecast was below expectations.

On December 1, NIO Inc. (NYSE:NIO) released the results of its November deliveries. In November, the company delivered 36,275 vehicles, which was up 76.3% over the previous year. The deliveries included 6,088 cars from Firefly, 11,794 vehicles from Onvo, and 18,393 vehicles from the company’s smart electric vehicle brand Nio. As of November 30, the total number of deliveries was 949,457.

The company projects that between 120,000 and 125,000 vehicles will be delivered in the fourth quarter of 2025, resulting in an increase of roughly  65.1% to 72.0% vehicles over the same quarter in 2024.

NIO Inc. (NYSE:NIO) is a renowned electric car manufacturer that focuses on the premium category.

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.

READ NEXT: 10 High-Growth EV Stocks to Invest In and 13 Best Car Stocks to Buy in 2025.

Disclosure. None