Should you buy Nio stock?
Apr 03, 2022 · NIO's stock was trading at $3.32 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, NIO stock has increased by 491.9% and is now trading at $19.65.
Is Nio stock a better buy than Tesla stock?
22 hours ago · NIO stock is a long-term play and not a stock to sell when the market is down. Keep holding on to the stock for better returns in the second half of the year. UBS analyst Paul Gong has a buy rating...
Why is everyone talking about Nio stock?
Apr 14, 2022 · The NIO Inc. stock holds sell signals from both short and long-term moving averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term …
How to buy Nio shares?
Apr 20, 2022 · Shares of Chinese electric vehicle (EV) maker Nio ( NIO 0.17% ) have been under pressure for several reasons in recent weeks. Just since April 4, the stock has tumbled by more than 20%. That ...
What does NIO company do?
NIO designs, develops, jointly manufactures and sells premium smart electric vehicles, driving innovations in next-generation technologies in autonomous driving, digital technologies, electric powertrains and batteries.
What is a good price for NIO stock?
Stock Price TargetsHigh$552.16Median$213.27Low$153.62Average$246.90Current Price$18.15
What kind of company is NIO?
multinational automobile manufacturerNIO Inc. NIO (Chinese: 蔚来; pinyin: Wèilái) is a Chinese multinational automobile manufacturer headquartered in Shanghai, specializing in designing and developing electric vehicles.
What type of share is NIO?
American depositary shares, each representing one Class A ordinary share (NIO)
Is NIO a Buy Sell or Hold?
NIO has received a consensus rating of Buy. The company's average rating score is 2.93, and is based on 13 buy ratings, 1 hold rating, and no sell ratings.
Can you buy a NIO in the US?
Nio plans to build four battery swap stations around Oslo, Norway this year with 12 more planned in other cities in 2022. The company has not confirmed that it plans to sell cars in the U.S.Dec 27, 2021
Does NIO make good cars?
It looks great and modern. The built-quality is great, there are no gaps in the panels and it oozes quality. Definitely not according to the stigma of Chinese-made cars. The ES6 comes with a 400-kilometer range, although it's closer to 250-300.Jun 10, 2021
Is NIO car popular in China?
Shanghai-based Nio was founded in 2014 by William Li, a billionaire entrepreneur who got rich selling services to the auto industry. Nio currently sells three models and has a fourth on the way for early 2022. It's delivered some 140,000 cars to customers in China and is expanding to Europe.Nov 13, 2021
Who invested in NIO?
Top 10 Owners of NIO IncStockholderStakeShares ownedThe Vanguard Group, Inc.2.40%36,994,474SSgA Funds Management, Inc.2.13%32,887,731Goldman Sachs & Co. LLC (Private ...1.50%23,202,778Susquehanna Financial Group LLLP1.08%16,607,0436 more rows
How do I buy shares in NIO?
How to buy shares in NIOChoose a platform. If you're a beginner, our share-dealing table below can help you choose.Open your account. ... Confirm your payment details. ... Search the platform for stock code: NIO in this case.Research NIO shares. ... Buy your NIO shares.
How do I buy stock in NIO?
How to buy shares in NIOCompare share trading platforms. Use our comparison table to help you find a platform that fits you.Open your brokerage account. Complete an application with your details.Confirm your payment details. Fund your account.Research the stock. ... Purchase now or later. ... Check in on your investment.
Is NIO a buy right now?
11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for NIO in the last twelve months. There are currently 1 hold rating and 10 b...
How has NIO's stock been impacted by Coronavirus?
NIO's stock was trading at $3.32 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since the...
Are investors shorting NIO?
NIO saw a increase in short interest in the month of January. As of January 31st, there was short interest totaling 67,060,000 shares, an increase...
When is NIO's next earnings date?
NIO is scheduled to release its next quarterly earnings announcement on Thursday, March 24th 2022. View our earnings forecast for NIO .
How can I listen to NIO's earnings call?
NIO will be holding an earnings conference call on Thursday, March 24th at 9:00 PM Eastern. Interested parties can register for or listen to the ca...
How were NIO's earnings last quarter?
Nio Inc - (NYSE:NIO) posted its quarterly earnings data on Wednesday, August, 11th. The company reported ($0.42) earnings per share (EPS) for the q...
What price target have analysts set for NIO?
11 analysts have issued 1 year price targets for NIO's shares. Their forecasts range from $34.00 to $87.00. On average, they anticipate NIO's share...
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.
How much does NIO make?
Who was the underwriter of the IPO?
The company earns $-812,130,000.00 in net income (profit) each year or ($0.73) on an earnings per share basis.
Signals & Forecast
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.
Support, Risk & Stop-loss
Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. The NIO Inc. stock holds sell signals from both short and long-term moving averages giving a more negative forecast for the stock.
Is NIO Inc. stock A Buy?
NIO Inc. finds support from accumulated volume at $20.90 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
Golden Star Signal
NIO Inc. holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.
Top Fintech Company
This unique signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star. This signal is rare and, in most cases, gives substantial returns. From 10 000+ stocks usually only a few will trigger a Golden Star Signal per day!
What is a NIO?
featured in The Global Fintech Index 2020 as the top Fintech company of the country.
What is an X industry?
Founded in 2019, Shanghai-headquartered NIO is a pioneer in China’s electric vehicle (EV) market. Often touted as the ‘Tesla of China’, NIO went public on New York Stock Exchange in 2018. NIO’s unique selling proposition is to provide EVs at competitive pricing. Importantly, NIO does not really manufacture its own cars. It contracts state-owned JAC Motors,headquartered in eastern China’s Anhui province, to make vehicles. In turn, JAC charges fee for every car. In fact, NIO does not have a dealership network and instead sells its vehicles through apps and ...
Does Zackstrade endorse or recommend investment strategies?
The X Industry (aka Expanded Industry) is a subset of the M (Medium Sized) Industry, which is a subset of the larger Sector category, which is used to classify all of the stocks in the Zacks Universe. The Zacks database contains over 10,000 stocks.
Delisting Worries Hurt NIO Stock
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Strong January 2022 Deliveries
Nio’s potential delisting from the U.S. exchange is not a major concern. Luckin Coffee (OTCMKTS: LKNCY) traded at around $1.50 after its delisting in 2020. Despite falsifying revenue and being delisted, LKNCY recently traded as high as $14. It settled a shareholder class-action claim for $175 million.
Risks
In January, Nio posted 9,652 vehicle deliveries, up by 33.6% year-over-year. Cumulative deliveries reached 176,722 units. Those are impressive production numbers, especially since the automotive industry is facing a chip shortage. After Nio releases the ET7 on March 28 and the ET5 in September, expect deliveries to accelerate.
Fair Value
The chip shortage may disrupt Nio’s deliveries this year. Fortunately, Nio’s latest delivery figures do not suggest this is an ongoing headwind.
Related Investments
Analysts are bullish on Nio’s stock. The average return is $56.17, according to Tipranks. Readers should not rely on lofty price targets. Almost half of the analysts issuing price targets in the $34 – $70 range have a poor Tipranks star rating of one or lower out of five.
Your Takeaway on NIO Stock
EV investors may also consider Lucid Group and Rivian. While neither firm is anywhere close to profitable, they have strong products that appeal to customers. More importantly, they are based in the U.S. They do not have de-listing risks.
Is NIO a smaller company?
Nio’s delisting risk is modest at this time. Investors should care more about the company’s path to profitability. When it gets there this year at the earliest, shareholders may hold the stock as it lists on an Asian exchange. Investors should check that their broker supports holding stocks listed on foreign exchanges.
Is NIO growing faster than BYD?
NIO sales are off a much smaller base, but it has some promising offerings to continue to close the volume gap . During its NIO Day presentation in January, the company introduced the ET7, which will be NIO's first sedan.
