NIO Inc. (NIO) Skyrockets 15% as Firm Targets 'More-Than-Double' Revenue Growth

By Angelica Ballesteros | March 10, 2026, 10:03 PM

NIO Inc. (NYSE:NIO) is one of the 10 Stocks Investors Are Watching.

NIO Inc. extended its winning streak to a third consecutive day on Tuesday, surging 15.38 percent to finish at $5.70 apiece, as investor sentiment was bolstered by its highly optimistic outlook in the first quarter of the year, with revenues targeted to more than double.

In an updated report, NIO Inc. (NYSE:NIO) said that it is targeting to grow its revenues for the period by 103.4 to 109.2 percent to a range of 24.482 billion to 25.176 billion yuan.

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A NIO vehicle. Photo from NIO website

It also projects total deliveries to end between 80,000 and 83,000 units, or an implied growth of 90.1 percent to 97.2 percent from the same quarter of 2025.

The outlook followed NIO Inc.’s (NYSE:NIO) strong performance last year, having narrowed its net losses by 33 percent to 14.9 billion yuan from 22.4 billion in 2024. Total revenues also increased by 33 percent to 87.5 billion yuan from 65.7 billion yuan year-on-year.

In the fourth quarter, the company swung to a net profit of 282.7 million yuan from a net loss of $7.1 billion yuan in the same period a year earlier. Total revenues surged by 76 percent to 34.6 billion yuan from 19.7 billion yuan year-on-year.

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READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

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