nio stock target price

What is the 12 month price target for NIO?

The 32 analysts offering 12-month price forecasts for NIO Inc have a median target of 29.89, with a high estimate of 66.20 and a low estimate of 21.73.

What is the future for NIO Stock?

In all of 2022, analysts polled by FactSet expect Nio to more than double losses to 63 cents per share. Revenue is seen jumping 59% for the year. They forecast Nio will sharply narrow losses to 23 cents per share in 2023 as revenue grows 72%, with new EVs launching and chip headwinds easing.

What is a good price to buy NIO?

That being said, Wall Street analysts have a consensus price target of $36 on NIO, which is almost twice the current share price. For those that put a lot of value in analyst price targets, NIO could be an attractive buy today.

Is NIO a good stock to buy?

“NIO is trading at attractive valuation of 1.7x one-year forward EV/sales,” added the analyst. NIO was trading for more than 13 times estimated 2021 sales back at the end of 2020. There has been a lot of valuation multiple contraction. Investors have sold high-growth stocks as inflation and interest rates have risen.

What will NIO price be in 2025?

Nio Stock ForecastYearLower RangeHigher Range2024$43.79$50.132025$59.11$67.682026$76.85$87.982027$99.90$114.385 more rows

What will NIO stock be in 5 years?

NIO Stock Forecast 2024-2028 These five years would bring a significant increase: NIO price would move from $33.00 to $84.57, which is up 156%. NIO will start 2024 at $33.00, then soar to $40.43 within the first six months of the year and finish 2024 at $43.78. That means +94% from today.

Is NIO a good buy 2022?

Key Points. Nio's stock dropped as the electric vehicle maker's first-quarter margins disappointed. The company expects things to improve significantly in the second half of 2022, however. It also has a big plan for 2024 -- one that no investor can afford to ignore.

Will NIO stock go up 2022?

NIO's share price can't keep going up, as its vehicle gross margin is still expected to decline in Q2 2022 and its valuations are largely in line with its peers.

Will NIO stock rise again?

Is NIO Expected To Grow? In the short term, NIO is still expected to grow in 2022 albeit at a slower pace as compared to 2021. As per the chart below, the sell-side analysts have been cutting NIO's top line forecasts for 1H 2022, after the company reported Q1 2022 deliveries and Q4 2021 results.

Is Tesla buying NIO?

Oct. 10 -- The largest investor in Tesla Inc. after Elon Musk has taken an 11.4 percent stake in a Chinese company aspiring to become an electric vehicle-making rival.

Will NIO sell cars in the US?

It is not yet possible to buy NIO cars in the U.S., but the company has announced plans to expand services to 25 new countries and regions by 2025 including Australia, Western Europe, and the United States.

What is wrong with NIO stock?

NIO's shares have been on a steep decline since the beginning of April. They're already down more than 30% since then. This is largely thanks to the Chinese government's strict zero-COVID lockdown policy. As a result, Nio saw its April sales hit just 5,074 units.

Will NIO stock go up 2021?

On a full-year basis, the market consensus sees NIO's revenue growth slowing from +108% in fiscal 2020 and +122% in FY 2021 to +75% in FY 2022, as per S&P Capital IQ data.

Is NIO a good stock to buy 2022?

Nio (NIO) is down nearly 30% in 2022, but a number of positive catalysts make NIO stock a buy here. China's lockdowns are easing and the government looks poised to extend EV subsidies. Meanwhile, Nio's battery-swapping stations could be a game-changer for the EV maker in Europe and the U.S.

Will NIO stock go up 2022?

NIO's share price can't keep going up, as its vehicle gross margin is still expected to decline in Q2 2022 and its valuations are largely in line with its peers.

Is NIO overvalued 2021?

NIO Is Still Overvalued Despite a significant haircut to NIO's valuation since the summer of 2021, the stock remains overvalued. NIO has a revenue multiple of seven and no profits. Other EV stocks are also expensive when P/S and P/B ratios for 2021 are considered.

What is NIO's consensus rating and price target?

According to the issued ratings of 14 analysts in the last year, the consensus rating for NIO stock is Buy based on the current 1 hold rating and 1...

Do Wall Street analysts like NIO more than its competitors?

Analysts like NIO stock more than the stock of other Auto/Tires/Trucks companies. The consensus rating for NIO is Buy while the average consensus r...

Do MarketBeat users like NIO more than its competitors?

MarketBeat users like NIO stock more than the stock of other Auto/Tires/Trucks companies. 73.47% of MarketBeat users gave NIO an outperform vote wh...

Is NIO being upgraded by Wall Street analysts?

Over the previous 90 days, NIO's stock had 2 upgrades by analysts.

Does NIO's stock price have much upside?

According to analysts, NIO's stock has a predicted upside of 79.25% based on their 12-month price targets.

What analysts cover NIO?

NIO has been rated by Bank of America , Citigroup , Mizuho , Morgan Stanley , Nomura , and UBS Group in the past 90 days.

Should I buy or sell NIO stock right now?

14 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for NIO in the last twelve months. There are currently 1 ho...

What is NIO's stock price forecast for 2022?

14 brokers have issued 1 year target prices for NIO's shares. Their NIO stock forecasts range from $26.00 to $87.00. On average, they anticipate NI...

How has NIO's stock price performed in 2022?

NIO's stock was trading at $31.68 at the beginning of 2022. Since then, NIO shares have decreased by 42.7% and is now trading at $18.14. View the...

When is NIO's next earnings date?

NIO is scheduled to release its next quarterly earnings announcement on Wednesday, August 10th 2022. View our earnings forecast for NIO .

How were NIO's earnings last quarter?

Nio Inc - (NYSE:NIO) posted its earnings results on Thursday, June, 9th. The company reported ($0.79) earnings per share (EPS) for the quarter, bea...

What guidance has NIO issued on next quarter's earnings?

NIO updated its second quarter 2022 earnings guidance on Thursday, June, 9th. The company provided earnings per share guidance of for the period. T...

Who are NIO's key executives?

NIO's management team includes the following people: Mr. Bin Li , Founder, Chairman & CEO (Age 45) Mr. Lihong Qin , Pres & Director (Age 46) M...

What is William Li's approval rating as NIO's CEO?

29 employees have rated NIO CEO William Li on Glassdoor.com . William Li has an approval rating of 89% among NIO's employees.

Who are some of NIO's key competitors?

Some companies that are related to NIO include Volkswagen (VWAGY) , Ford Motor (F) , General Motors (GM) , Stellantis (STLA) , AB Volvo (publ)...

How much does NIO make?

The company earns $-812,130,000.00 in net income (profit) each year or ($0.73) on an earnings per share basis.

Who was the underwriter of the IPO?

Morgan Stanley, Goldman Sachs (Asia) and J.P. Morgan served as the underwriters for the IPO and BofA Merrill Lynch, Deutsche Bank Securities, Citigroup, Credit Suisse and UBS Investment Bank were co-managers.