I'm LongbridgeAI, I can summarize articles.NIO reported a 71% year-over-year surge in July deliveries, totaling 35,934 vehicles across its NIO, ONVO, and FIREFLY brands. Year-to-date deliveries rose 68%. The company expanded its ES8 lineup and launched new models. Meanwhile, peers XPeng and Li Auto showed mixed results. Analysts maintain a Buy consensus with an average price target of $6.90, anticipating improved earnings in September.
On Saturday, NIO Inc. (NYSE:NIO) reported strong July delivery growth as the electric vehicle maker continued expanding across its three brands.
NIO July Deliveries Jump 71%
NIO delivered 35,934 vehicles in July 2026, up 71% from a year earlier.
The total included 20,008 NIO-brand vehicles, 10,155 ONVO vehicles and 5,771 FIREFLY vehicles.
Year-to-date deliveries rose 68% to 227,057 vehicles. Cumulative deliveries reached 1,224,649 vehicles as of July 31.
ES8 Lineup Expansion
NIO began deliveries of the All-New ES8 Five-Seat Version on July 10, expanding the flagship lineup to five-, six- and seven-seat configurations.
The All-New ES8 reached 130,000 cumulative deliveries on July 22, 305 days after its market launch in late September 2025.
The expanded lineup targets the premium large five-seat and three-row battery-electric SUV segments.
Chinese EV Peer Performance
XPeng Inc. (NYSE:XPEV) delivered 38,027 vehicles in July, representing a 4% year-over-year increase.
Li Auto Inc. (NASDAQ:LI) delivered 30,468 vehicles in July, down 0.9% from 30,731 a year earlier and 1.4% from 30,895 in June. During the month, the company also launched the new Li L6 and expanded its overseas footprint.
Read Also: NIO Stock Pauses Following China EV Policy Signals: What Investors Need to Know
NIO Stock: Critical Levels To Watch
At $4.88, the stock is slightly above its 20-day SMA of $4.82 but remains below the 50-day SMA of $5.09 and 200-day SMA of $5.51, keeping the broader trend bearish.
RSI stands at 49.88, indicating neutral momentum and balanced buying and selling pressure.
The June death cross remains a cautionary signal. Traders will likely watch $5.00 as near-term resistance, followed by the 50-day SMA near $5.09.
- Key Resistance: $5.00 — a psychological level that could cap short-term rebounds.
NIO Earnings Preview And Wall Street Analyst Targets
The next major catalyst for the stock arrives with the September 1, 2026 (estimated) earnings report.
- EPS Estimate: Loss of 7 cents (Up from Loss of 25 cents)
- Revenue Estimate: $4.87 billion (Up from $2.65 billion)
Analyst Consensus & Recent Actions: The stock carries a Buy rating with an average price forecast of $6.90. Recent analyst moves include:
- Goldman Sachs: Upgraded to Buy (Forecast $7.00) (July 13)
- HSBC: Upgraded to Buy (Raises forecast to $6.80) (March 13)
NIO Price Action: NIO shares were down 1.02% at $4.83 during premarket trading on Monday, according to Benzinga Pro data.
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