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Once hailed as the “Tesla of China,” Chinese electric vehicle (EV) startup Nio (NIO) has been out of favor with markets. NIO peaked in early 2021 when its market cap surpassed $100 billion but closed in the red for the past four consecutive years. It did break its losing streak last year, and while the stock fell sharply from its 2025 highs, it still managed to gain around 17%. Let's dig into Nio’s 2026 forecast and examine whether the stock can gain further this year.
