NIO Stock: Record October Deliveries Push Shares Higher Despite Earnings Miss

NIO Stock: Record October Deliveries Push Shares Higher Despite Earnings Miss

NIO stock rose 3.4% on Friday, closing at $7.25, despite trading volume declining 15% from average levels. The market reacted positively to the company’s recent delivery numbers.

In October 2025, NIO delivered a record 40,397 vehicles, marking an impressive 92.6% increase year-over-year. Year-to-date deliveries have reached 241,618 units, underscoring strong demand and growth momentum.

Following these strong delivery results, multiple analysts have upgraded their outlooks on NIO. Citigroup raised its price target from $8.10 to $8.60. Additionally, UBS issued an upgrade, signaling increased confidence in the company’s performance moving forward.

Despite missing earnings expectations, NIO’s robust delivery figures helped push shares higher and improve investor sentiment.

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