Nio Price Prediction: Can the Stock Double by 2029?

Our NIO (NYSE: NIO) call comes after a turbulent month for the Chinese smart EV maker, with shares down 10.4% over the past week and trading at $5.60. The 24/7 Wall St. price target for NIO is $7.47, implying 33.4% upside over the next 12 months. Our recommendation is buy, with moderate confidence reflecting NIO's improving... Nio Price Prediction: Can the Stock Double by 2029?