智通财经网·2025-09-17 14:32Core Viewpoint - NIO successfully completed a financing of $1.16 billion through a public offering of new shares, aimed at supporting its long-term strategic development and enhancing its financial strength [1] Financing Details - The funds raised will primarily be used for the research and development of core technologies for smart electric vehicles, development of new generation technology platforms and models, expansion of charging and battery swap infrastructure, and further optimization of the company's balance sheet [1] Market Reaction - Following the financing announcement, NIO's stock rose over 3% to $7.27 [1] - UBS upgraded NIO's investment rating from "Neutral" to "Buy," with a significantly raised target price of $8.50 [1] Growth Outlook - UBS noted that NIO's improved financial condition, enhanced competitiveness of new products, and recovery of market confidence contribute to a clear growth outlook [1] - The current valuation level is considered attractive, with expectations of considerable upside potential for the stock price over the next 12 months [1]