J.P. Morgan Reiterates a Buy on NIO Inc. (NIO), Setting an $8 PT

NIO Inc. (NYSE:NIO) is one of the top high growth international stocks to buy right now. In a report released on September 11, Nick Lai from J.P. Morgan reiterated a Buy rating on NIO Inc. (NYSE:NIO) and set a price target of $8.00.

NIO (NIO) Jumps 10.8% on New Vehicle Launch

NIO Inc. (NYSE:NIO) reported its unaudited financial results for fiscal Q2 2025 on September 2, with total revenues for the quarter reaching RMB19,008.7 million ($2.653 billion). The company also reported quarterly vehicle deliveries of 72,056 units.

Headquartered in Jiading, China, NIO Inc. (NYSE:NIO) designs, manufactures, and sells electric vehicles. It provides users with power express valet services, home charging, and other power solutions, such as battery swapping, public charging, and access to power mobile charging trucks. The company’s products include the EP9 supercar and ES8 7-seater SUV.

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 this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.