NIO stock price prediction

After going through a bit of a rough patch, the electric vehicle (EV) industry seems to be getting back on its feet, but some of its representatives, particularly the Shanghai-based automaker Nio (NYSE: NIO), are yet to follow with significant increases in their stock prices.Indeed, Nio has been among the weaker performers across the stock market this year, having declined as much as 48.63% in 2024 alone and continuing to fall further in recent weeks and months to a price of $4.33, which is a far cry from i ...