Nio will officially launch its SkyOS vehicle operating system

According to current NIO stock forecast, the value of NIO Inc. shares will rise by 7.22% and reach $ 4.81 per share by July 29, 2024. Per our technical indicators, the current sentiment is Bearish while the Fear & Greed Index is showing 39 (Fear). NIO stock recorded 13/30 (43%) green days with 3.65% price volatility over the last 30 days. Based on the NIO Inc. stock forecast, it's now a good time to buy NIO stock because it's trading 6.92% below our forecast, and it could be undervalued.