Nio Stock Climbs Again After HSBC Upgrade as First-Ever Profit Reshapes 2026 Outlook
Nio shares climbed to $6.14 in New York after HSBC upgraded the Chinese EV maker and raised its price target to $6.80. Nio posted a Q4 net profit of 122.4 million yuan on revenue of 34.65 billion yuan, with vehicle margin at 18.1%. The company guided Q1 deliveries of 80,000 to 83,000 vehicles, up nearly double from a year earlier. CEO William Li warned chip shortages and higher costs could disrupt production.