Financial Modeling Prepยท2025-09-23 20:02Core Insights - NIO Inc. is a Chinese electric vehicle manufacturer competing with Tesla and BYD, with a current stock price of $7.07 and a "Buy" rating from Citigroup [1][5] - The stock has surged to a 52-week high of $7.71, recovering from a low of $3.02, indicating a positive trend supported by strong operational results and analyst endorsements [2][5] - Citigroup's increased target and initiation of a '30-day upside catalyst watch' reflect growing confidence in NIO's future prospects, prompting investor interest [3][5] Stock Performance - NIO's stock price increased by approximately 2.33% or $0.16, with trading activity showing a low of $6.77 and a high of $7.17 on the same day [4] - The company's market capitalization is approximately $15.87 billion, with a trading volume of 48.72 million shares, indicating heightened interest in NIO's stock [4]