Nio stock falls 35% YTD but analysts see 70% upside ahead of earnings report.

Nio's stock has dropped nearly 35% year-to-date, closing at $3.39 recently and underperforming the market. Despite this, analysts remain optimistic, forecasting a 70% upside with an average 12-month price target of $5.84. Upcoming earnings expected to show improved losses and strong revenue growth, with EPS forecast at -$0.03 and revenue at $4.97 billion for the next quarter. Investors are closely watching vehicle delivery numbers and market demand ahead of the late November earnings report, as the stock faces pressure but holds a "Moderate Buy" consensus on Wall Street.

Nio's stock trades at $3.38 on Pluang as of Oct 20, 2026 19:42 WIB, just above its 52-week low of $3.37 and well below its 52-week high of $7.42. Despite the recent dip and a 1-day decline of 0.29%, Pluang investors show strong confidence with 100% buy orders and an average holding period of 82 days. This contrasts with the cautious market sentiment reflected in the stock's year-to-date drop of nearly 35%.