Ge Long Hui·2025-08-26 08:21Group 1 - NIO's stock price increased by 3.28% to $6.29 in pre-market trading, supported by strong ES8 orders [1] - Morgan Stanley's report indicates that while actual demand depends on order conversion, positive market sentiment suggests monthly sales could reach 40,000 to 50,000 units starting in October [1] - Investor focus has shifted towards next year's vehicle launches rather than execution risks, indicating a change in market sentiment regarding NIO's recovery sustainability [1] Group 2 - Morgan Stanley maintains an "Overweight" rating on NIO with a target price of $6.50 for its U.S. stock [1] - The report highlights that the rise in NIO's stock price is self-reinforcing, as investors believe the stock price is linked to the capital market's willingness to engage with NIO's operational financing and strategic goals [1] - The company's market capitalization stands at approximately $13.678 billion, with a trading volume of 157 million shares [1]