JPMorgan Retains an Overweight Rating on NIO Inc. (NIO)
NIO Inc. (NYSE:NIO) is among the Goldman Sachs EV and Battery Stocks. On February 9, 2026, JPMorgan analyst Nick Lai cut NIO Inc. (NYSE:NIO)’s price objective from $8 to $7 and retained an Overweight rating. The corporation predicted that China’s auto industry would underperform in 2026, noting falling passenger vehicle growth. JPMorgan also reduced Li Auto’s profitability prediction to a loss this year due to lower sales volumes and margins. On February 1, 2026, the company delivered 27,182 vehicles in ...