What's Going On With Nio Stock Thursday?

Nio Inc. (NYSE:NIO) shares traded higher in Thursday’s premarket session, supported by improving risk sentiment as equity futures edged up and market breadth favored advancers.

Nasdaq futures rose 0.18%, while S&P 500 futures gained 0.10%, with early strength in Technology (+0.25%) helping support momentum.

Delivery Momentum

Recently, CEO William Li reaffirmed the company’s confidence in achieving its full-year delivery growth target of 40% to 50%, citing a strong start to 2026.

Speaking at the China EV 100 forum in Beijing, Li said the company remains on track. Nio reported 98.3% year-over-year delivery growth in the first quarter, already exceeding the pace needed to meet its annual target.

March deliveries rose 136.0% to 35,486 vehicles, bringing first-quarter totals to 83,465 units and cumulative deliveries to 1,081,057 as of March 31, 2026.

Vehicle Demand Strength

Demand remains strong, led by the ES8 SUV. The third-generation ES8 recorded 16,255 March sales, leading China’s premium segment above 400,000 yuan for a fourth month.

The model also reached 90,000 cumulative deliveries in 195 days, averaging over 3,000 units per week. That pace signals not only strong demand but also consistent production and delivery execution.

The company said, “Driven by its differentiated product capabilities and sustained user demand, the All-New ES8 continues to strengthen its leadership in the large SUV market.”

Nio Stock: Key Levels and Momentum Indicators

Nio is sitting in the upper half of its 52-week range ($3.34 to $8.02), which is consistent with a longer basing-to-recovery phase rather than a fresh breakdown.

The stock is trading 9.7% above its 20-day simple moving average (SMA) and 26.4% above its 100-day SMA, a combo that leans bullish for both short-term and intermediate trend pressure.

MACD is above its signal line with a positive histogram, indicating strengthening upside momentum and continued near-term buyer control.

• Key Resistance: $7.50 — a prior ceiling where rallies have tended to stall.
• Key Support: $6.50 — an area where demand has recently shown up.

Nio Earnings Preview: What Analysts Expect

Looking further out, the next major catalyst for the stock arrives with the June 2, 2026 (estimated) earnings report.

• EPS Estimate: Loss of 24 cents (Up from Loss of 41 cents YoY)
• Revenue Estimate: $3.55 Billion (Up from $1.66 Billion YoY)

Analyst Consensus & Recent Actions: The stock carries a Buy rating with an average price target of $7.50. Recent analyst moves include:

• HSBC: Upgraded to Buy (Raises Target to $6.80) (March 13)
• Freedom Broker: Upgraded to Buy (Raises Target to $7.00) (November 28, 2025)
• Freedom Capital Markets: Upgraded to Buy (Raises Target to $7.00) (November 28, 2025)

NIO Price Action: Nio shares were up 2.33% at $6.58 during premarket trading on Thursday, according to Benzinga Pro data.

Photo by Robert Way via Shutterstock