NIO Share Price SGX Today: Latest Price, Analysis & Forecast
If you’ve been watching EV stocks on the Singapore Exchange, you’ve probably noticed NIO’s ticker with a price tag that looks smaller than its New York listing. NIO has been dual-listed on SGX since May 2022, and its latest quarterly filings show revenue climbing 69.1% year over year to RMB32,136.9 million, according to NIO Investor Relations (company filings).
Current share price (SGX): $3.650 · Day range: $3.650 – $3.730 · 52-week range: $3.620 – $7.840 · Market cap: $8.95B · Shares outstanding: 2.36B
Quick snapshot
- Dual-listed on SGX, NYSE and HKEX (NIO Investor Relations (company filings)) (NIO (company release))
- Q2 2026 revenue up 69.1% year over year to RMB32,136.9 million (NIO (company release))
- Q3 2026 delivery outlook: 108,000–111,000 vehicles (NIO Investor Relations (company filings)) (NIO (company release))
- When NIO will turn sustained profits
- Whether the stock can reclaim $20 or more
- How tariff and trade policy will hit export growth
- What a stable fair value looks like
- May 2022: SGX secondary listing (NIO Investor Relations (company filings))
- Q2 2026: positive operating cash flow for fourth straight quarter (NIO (company release))
- Q3 2026: company guides for record deliveries (NIO Investor Relations (company filings))
- Q3 2026 delivery report due after October
- Watch if operating cash flow stays positive for a fifth quarter (NIO (company release))
- Watch gross margin follow-through after 18.4% (NIO (company release))
Nine rows, one pattern: the business is compounding fast, and the dividend line is still zero.
| Metric | Value |
|---|---|
| Company | NIO Inc. |
| SGX ticker | NIO |
| NYSE ticker | NIO |
| HKEX ticker | 9866 |
| Dividend yield | 0% |
| Q3 2026 delivery outlook | 108,000–111,000 vehicles (NIO Investor Relations (company filings)) |
| Q2 2026 revenue | RMB32,136.9 million, up 69.1% YoY (NIO (company release)) |
| Q2 2026 gross margin | 18.4% vs 10.0% a year earlier (NIO (company release)) |
| Cash reserves (Q2 2026) | RMB56.7 billion (NIO (company release)) |
Do NIO pay dividends?
No, and the latest filing doesn’t leave much room for debate. NIO paid no cash dividend on its ordinary shares or ADSs, and the Q2 2026 release from NIO Investor Relations (company filings) contains no dividend declaration. That makes the investment case purely about growth.
What is NIO’s dividend policy?
- No dividend declared in NIO’s Q2 2026 results (NIO Investor Relations (company filings))
- Cash reserves rose to RMB56.7 billion, reinforcing the growth-over-income strategy (NIO (company release))
- Management materials emphasize vehicles, batteries, and infrastructure as the priority uses of capital
How does NIO’s dividend compare to other EV stocks?
- Fast-growing EV makers typically skip dividends to fund expansion, and NIO fits that pattern
- Income investors get a 0% yield from NIO, so total return is the only game
- Legacy automakers are the income side of the market; NIO is not there yet
The implication: NIO is a growth stock, not an income stock. If you need yield, these SGX shares won’t provide it; the eventual return has to come from share price appreciation.
With a 0% yield, NIO buyers are betting entirely on execution: delivery growth, margin expansion, and eventual profit.
The implication: NIO’s dividend policy is clear—no payouts until the company shifts from growth mode.
What is the fair value of NIO stock?
Fair value for a fast-growing EV maker is a moving target. The latest results give bulls a stronger base — revenue growth, margin expansion, and a big cash cushion — but the market still has to decide what those numbers are worth.
How to calculate NIO’s fair value
- Delivery growth feeds revenue: Q3 2026 guidance of 108,000–111,000 vehicles implies roughly 24–27.5% year-over-year growth (NIO Investor Relations (company filings))
- Gross margin is the efficiency gauge: Q2 2026 gross margin hit 18.4%, up from 10.0% a year earlier (NIO (company release))
- Cash cushion: RMB56.7 billion limits dilution risk and funds the next growth phase (NIO (company release))
What do analysts say about NIO’s target price?
- Published analyst targets on financial platforms range from roughly $5 to $50 per ADS
- Consensus estimates cluster around $8–$10 per ADS
- Because the NYSE ADS trades at a premium to the SGX line, local investors often compare a dollar-based target to a local-currency quote
The catch: analyst targets move slowly. After a big delivery reset, price targets often lag the operating data — which is why the live quote can sit below consensus.
The gap between analyst targets and the SGX quote is the whole investing debate: it narrows only when deliveries and margins keep improving.
What this means: the fair value gap between analyst targets and the current quote embodies the market’s wait-and-see approach.
Will NIO shares ever recover?
Recovery is a two-part question: can the business grow, and can the market price that growth correctly again. NIO’s latest operating data supports the first part; the second remains open.
What factors could drive NIO’s recovery?
- Deliveries: Q3 2026 outlook of 108,000–111,000 vehicles sets a record pace (NIO Investor Relations (company filings))
- Margins: vehicle margin reached 18.5% in Q2 2026, up from 10.3% a year earlier (NIO (company release))
- Cash flow: operating cash flow stayed positive for a fourth straight quarter (NIO (company release))
How has NIO’s stock performed recently?
- NIO listed on SGX in May 2022 after its NYSE IPO in September 2018
- The stock peaked near $67 in January 2021 and has traded roughly 70% below that level since
- Recent quarterly results haven’t produced a sustained price recovery yet
What this means: the ingredients for a recovery — delivery growth, margin expansion, positive cash flow — are in place. Whether the market re-rates the stock depends on the next few quarters of execution.
If NIO misses the low end of Q3 guidance, the recovery thesis loses its central prop: consistent delivery growth.
The catch: consistent delivery growth is non-negotiable for recovery.
Who is the largest shareholder of NIO?
Ownership is concentrated enough that founder William Li remains the anchor, even as institutions and retail investors trade around him.
Does JPMorgan own NIO stock?
- JPMorgan is among the institutional managers that hold NIO ADSs
- Its position is not the largest; founder-related holdings outrank it
- The definitive ownership record sits in NIO’s 20-F filing, not in the quarterly earnings release
What is the institutional ownership of NIO?
- William Li, NIO’s founder and chairman, is the largest individual shareholder
- Tencent and Baillie Gifford are among the major institutional holders
- Retail participation on SGX and NYSE adds significant trading liquidity
The pattern: control rests with the founder and his holding company; institutional and retail investors supply the trading liquidity and price discovery.
A founder-controlled cap table means strategy shifts and capital decisions stay closely held — minority shareholders have limited say.
The pattern: control and liquidity are distributed between the founder and public investors.
Is NIO a strong buy now?
The buy case is clearer on the operating side than on the valuation side. Revenue and margins are improving, but the stock carries real execution and trade-policy risk.
What is the current analyst consensus?
- Consensus among surveyed analysts is a Moderate Buy, with coverage spread across more than 30 analysts
- The average price target clusters around $8–$10 per ADS
- Because NIO pays no dividend, the expected return is entirely capital appreciation
What are the risks and rewards of buying NIO today?
- Reward: Q2 2026 revenue grew 69.1% year over year to RMB32,136.9 million (NIO Investor Relations (company filings))
- Reward: gross margin more than doubled from 10.0% to 18.4% (NIO (company release))
- Risk: sustained net profit is still unproven; the cited materials emphasize gross profit and cash flow, not bottom-line earnings
- Risk: tariffs and trade policy can hit export growth
- Risk: competition in China’s EV market pressures pricing
Why this matters: “Strong buy” at the consensus level still leaves an investor exposed to a single variable — the next delivery number. The operating trend has improved; the market’s mood may not follow in a straight line.
NIO stock: the upsides and downsides
Upsides
- Revenue growth is accelerating: Q2 2026 revenue up 69.1% year over year (NIO Investor Relations (company filings))
- Gross margin jumped to 18.4% from 10.0% (NIO (company release))
- Cash reserves of RMB56.7 billion support the next phase of investment (NIO (company release))
- Operating cash flow positive for four straight quarters (NIO (company release))
Downsides
- No dividend, so no income cushion
- Stock remains far below 2021 highs
- Trade and tariff policy could slow exports
- Profitability not yet proven at the net level
The pattern: NIO’s operational momentum is offset by its lack of income cushion and net profitability.
NIO on SGX: a short timeline
- — NIO lists on NYSE at $6.26 per ADS.
- — All-time high near $66.99 on NYSE.
- — NIO completes a secondary listing on the Singapore Exchange under ticker NIO (NIO Investor Relations (company filings)).
- — SGX price trades around $3.65, roughly 70% below the 2021 peak.
The pattern: the SGX listing arrived after the peak, so the exchange’s first years have been defined by a drawdown rather than a rally.
Confirmed vs. still unclear
Confirmed
- NIO does not pay dividends (NIO Investor Relations (company filings))
- NIO is dual-listed on NYSE and SGX (NIO Investor Relations (company filings))
- William Li is the largest individual shareholder (SEC Filing 20-F)
- Q2 2026 revenue up 69.1% year over year (NIO (company release))
Still unclear
- When NIO will return to sustained profitability
- Whether the stock will recover to $20 or higher
- How tariff policies will affect export growth
- What the true fair value is
The implication: known progress still leaves key unknowns unresolved.
What the filings and analysts say
“No dividends expected in the near term as the company prioritizes growth investments.”
NIO Investor Relations, company statement
“NIO needs to show consistent delivery growth and cost reduction to regain investor confidence.”
Analyst, Morgan Stanley
“William Li owns approximately 10% of total shares outstanding through his holding company.”
SEC Filing 20-F
What this means: the company’s own filings and analyst opinions align on operational improvement but differ on valuation.
The verdict
For investors weighing NIO’s SGX-listed shares, the investment case comes down to execution, not enthusiasm: if the company keeps delivering record volumes and expanding gross margin, the discount to the NYSE line should narrow on its own. If those numbers wobble, the stock has no dividend cushion to fall back on. For anyone tracking the dual listing, the choice is clear: follow the quarterly delivery and margin data, or stay out until the next confirmation arrives.
Related reading
- NIO Share Price SGX: Live Quote, History, Dividend FAQ
- NIO Share Price SGX vs NYSE ADR: Analyst Targets and Analysis
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Frequently asked questions
What is the current NIO share price on SGX?
As of the most recent exchange data used in this article, NIO’s SGX line traded around $3.65, with a 52-week range of roughly $3.62 to $7.84. Live quotes on the day you read this may differ.
How does NIO’s SGX price compare to its NYSE price?
SGX-listed NIO shares have generally traded at a discount to the NYSE ADS. The two listings track the same business events, but the SGX line tends to be quieter and more retail-driven.
Why does NIO have a dual listing on SGX?
NIO completed a secondary listing on the Singapore Exchange in May 2022, giving the company access to a deeper pool of Asian investors and an additional venue for trading its stock.
What is NIO’s market capitalization?
Based on the data in this article, NIO’s market cap is around $8.95 billion, with roughly 2.36 billion shares outstanding.
When was NIO listed on SGX?
NIO’s secondary listing on the Singapore Exchange took place in May 2022 under the ticker NIO.
Who is the CEO of NIO?
William Li is the founder, chairman, and chief executive of NIO, and he is also the largest individual shareholder.
What is NIO’s revenue in the latest quarter?
NIO reported Q2 2026 revenue of RMB32,136.9 million, up 69.1% year over year, with gross profit of RMB5,906.5 million.
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