How Buying Nio Stock Today Could 10x Your Net Worth
Source: Motley Fool
2026-03-02 12:05:58 ET
Nio (NYSE: NIO) , a major producer of electric vehicles ( EVs ) in China, still trades below its 2018 IPO price of $6.26 per ADR. Yet from 2018 to 2024, its net sales more than quadrupled -- and it still trades at less than one times its projected 2025 sales.
Nio trades at that discount valuation because it faces near-term competitive and macro headwinds. The trade tensions between the U.S. and China are exacerbating that pressure. However, I believe Nio could still easily deliver a tenfold gain within the next few years.
Image source: Nio.
NIO Inc. American depositary shares each representing one Class A
NASDAQ: NIO
NIO Trading
10.55% G/L:
$5.425 Last:
89,178,327 Volume:
$5.26 Open:
NIO Latest News
March 10, 2026 05:09:24 pm
Stock Market Today, March 10: Nio Surges After Posting First Quarterly Net Profit
NIO Stock Data
$11,218,723,037
1,756,624,628
N/A
196
N/A
Vehicles
Consumer Discretionary
CN
Shanghai
