Up Over 50% in 2025, How High Can NIO Stock Go?

Nio (NIO) stock is up over 50% for the year, which is a welcome break for investors, as the stock closed in the red in the previous four consecutive years and trades at a fraction of its 2021 highs. Nio looked doomed for yet another year in the red, but the stellar rally over the last three months has helped the stock move higher. While the optimism towards Chinese shares has helped Nio’s rally, the company has also finally impressed with its execution.

Nio released its Q2 2025 earnings Tuesday, Sept. 2, and while the stock initially fell after the confessional, it eventually closed 3.1% higher. In this article, we’ll look at some of the key takeaways from Nio’s Q2 earnings and examine whether the stock’s rally still has wings.