$NIO - $1.15 Price TargetNIO Inc. Sponsored ADR Class ABATS:NIOTheTradingStarNio's Bear Channel is intact going into 2026. My price target by the end of 2026 is $1.15. Fundamentals are weak and technicals is also weak. Chart is set up for a short opportunity going into 2026. We see clear lower highs and lower lows and the prices are rejecting at the channel tops creating new legs lower. The company is operating at a loss and with its over 2 billion shares outstanding, there will be many future share dilutions to fund its operations and fund its losses to keep its business afloat.