What is 3NIO.AS stock and how does it work?

3NIO.AS stock is the Leverage Shares 3x Long NIO ETC on EURONEXT. It aims to provide three times the daily return of NIO Inc. Returns compound daily, so performance over multiple days can differ from three times the underlying.

Why did 3NIO.AS stock surge pre-market today?

The surge followed strong moves and sentiment in NIO and the EV sector. Low liquidity and the ETP’s 3x leverage amplified the reaction, producing a **22.74%** intraday gain to **€23.49**.

What price target does Meyka AI have for 3NIO.AS stock?

Meyka AI's forecast model projects a **quarterly** target of **€48.33**, which implies about **105.74%** upside from **€23.49**. Forecasts are model-based projections and not guarantees.

Is 3NIO.AS stock suitable for buy-and-hold investors?

No. As a daily 3x leveraged ETP, 3NIO.AS is designed for short-term trading. Daily rebalancing and volatility make it inappropriate for passive buy-and-hold without frequent monitoring.

EU Stocks

3NIO.AS rises 22.74% to €23.49 pre-market on 17 Mar 2026: model flags upside

ByHuzaifa Zahoor March 17, 2026

The Leverage Shares 3x Long NIO ETC (3NIO.AS) leads pre-market movers in Europe after a 22.74% one-day jump to €23.49 on EURONEXT on 17 Mar 2026. This exchange-traded product tracks 3x the daily return of NIO Inc., so rapid gains reflect strong moves in the underlying NIO shares. Volume remains light at 252 shares versus an average of 550, so price swings can be amplified. Traders should note the product’s leverage, EUR listing, and the high intraday range between €19.19 and €23.49 today