12 Best Robinhood Stocks to Buy Under $10

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6. NIO Inc. (NYSE:NIO)

Number of Hedge Fund Holdings: 29

Share Price as of the Close of March 18: $5.82

Nio Inc. (NYSE:NIO) is among the best Robinhood stocks to buy under $10.

TheFly reported on March 13 that HSBC upgraded NIO from Hold to Buy and raised the price target to $6.80 from $4.80. Following its Q4 release, the firm expressed greater confidence in NIO’s 2026 volume growth and earnings trajectory. It stated that more sales, a better product mix, and larger margins are anticipated as a result of NIO’s new models and the expansion of its core portfolio, especially the ES8. Strong order momentum throughout NIO’s lineup was also noted by HSBC, suggesting that future model introductions will probably spur additional volume growth.

Nio Inc. (NYSE:NIO) published its unaudited financial statements for the fourth quarter and the entire year that concluded on December 31, 2025, on March 10. For the fourth quarter of 2025, the firm recorded an adjusted operating profit of RMB 1,251.3 million (US$178.9 million), excluding share-based compensation. At year’s end, the total amount of cash, cash equivalents, short-term investments, restricted cash, and long-term deposits was RMB 45.9 billion (US$6.6 billion).

NIO expects overall revenues of RMB 24,482 million to RMB 25,176 million (US$3.5–3.6 billion) for the first quarter of 2026, up around 103% to 109% from the same period in 2025, and car deliveries of between 80,000 and 83,000, reflecting roughly 90% to 97% increase year over year.

Nio Inc. (NYSE:NIO) is a Shanghai‑based electric vehicle maker that designs, develops, and sells smart premium EVs, including SUVs and sedans, and offers innovative power solutions like battery swapping and charging services to enhance sustainable mobility worldwide.

While we acknowledge the potential of NIO to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than NIO and that has 100x upside potential, check out our report about the cheapest AI stock.

Click to continue reading and see 5 Best Robinhood Stocks to Buy Under $10.

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