Research Note

  • CICC raises Nio price target to $60, says Model Y price cut will have limited impact

    CICC maintained its Outperform rating on Nio and raised its price target by 15% to $60, corresponding to a 23% upside.

  • Analysts say China's NEV industry at the start of golden decade, but give Nio, Xpeng, Li Auto 'sell' ratings

    Capital market enthusiasm has driven the industry to over-valuation, the analysts say.

  • Daiwa Capital gives Nio 'Buy' rating and $59 price target

    Nio has risen more than 1,000 percent this year, but Daiwa Capital thinks the stock has not yet peaked, giving it a "buy" rating and a $59 price target in a recent report.

  • Deutsche Bank reiterates 'Buy' rating on Nio with $50 price target

    After the announcement of an additional ADS offering, Nio shares have been trading lower for the past two days in a row. But in Deutsche Bank's view, this is not something to fear.

  • Deutsche Bank initiates coverage on Xpeng with Buy rating and $58 price target

    The price target represents a 31 percent upside potential to the Chinese electric car company's Friday closing price of $44.31.

  • Analysts say BYD Han's sales still on track to reach new record highs

    BYD uses self-developed core technologies to make products with better performance and higher cost performance, the analysts say.

  • UBS raises Nio price target to $55, raises Xpeng price target to $59

    UBS raised the price target of high flying Chinese EV maker Nio from $16.3 to $55.00 to reflect brand premium and maintained its Neutral rating. The bank also raised the price target on Xpeng from $25 to $59 while downgrading the rating from Buy to Neutral.

  • Goldman Sachs raises price targets on Li Auto and Nio, EV makers' shares soar pre-market

    Goldman Sachs analyst Fei Fang raised the bank's price target on Li Auto to $60 from $20.60, maintaining a "Confident Buy" rating.

  • Chinese investment bank CICC raises Nio price target by 206% to $52

    CICC expects Nio to sell nearly 400,000 vehicles by 2025 due to Nio's improving product portfolio and increasing penetration of new energy and luxury vehicles.

  • CICC raises Li Auto price target by 86% to $40

    Chinese investment bank CICC raised its price target on Li Auto by 86% to $40, which corresponds to 28% upside potential in the current share price, and maintained its Outperform rating, citing Li Auto's strong cost control and efficient operations.