Saad Ullah
⬤ NIO is catching traders' attention again after fresh analysis revealed impressive growth projections paired with a developing technical setup. The electric vehicle maker is on track to hit roughly $12.6 billion in revenue next year and could turn profitable around 2026 - all while trading at just a $10 billion market cap today.
⬤ On the charts, NIO has been holding steady inside a key support zone marked by the 0.618 and 0.786 Fibonacci levels, forming what looks like a classic corrective wave pattern. Technical analysts see this as wave II accumulation that could transition into a much stronger wave III rally once the base is confirmed.
⬤ The bull case centers on this mismatch between NIO's projected business scale and its current market value. With revenue growth accelerating and operational improvements in focus, the argument is less about speculation and more about fundamentals catching up to reality. If the company delivers on these targets, market sentiment could shift dramatically.
⬤ Right now, NIO sits at an inflection point where sideways action might give way to directional momentum. If support holds and the growth story plays out, we could see price action push toward that $10 level and beyond. For more context on similar setups, check out how NIO bullish pattern points to $9 and the recent NIO breakout target $8.64. Longer-term projections even outline a NIO path from $5 to $16 by 2026, suggesting this consolidation phase could be setting up a multi-stage rally across the EV sector.
Saad Ullah
