Why is Nio (Nio) stock in the spotlight today?
Nio (NYSE: NIO) stock plunged this morning, crashing 11.2% within two minutes of the market's opening. Investors dumped Nio shares fast and furiously in response to the company making two ...
Is Nio stock a buy after battery costs rise?
Apr 03, 2021 · Nio is an electric car manufacturing startup based in China, and its stock has skyrocketed in the past year, up 1,500% from last year. Recently, the Chinese auto-maker shut down one of its factories due to a global semiconductor chip shortage caused by COVID’s effect on the economy, and it has affected all car manufacturers to some degree
Is Nio’s Baas offering the future of NiO?
2 days ago · Today, a report said its production is ramping back up, but Nio shares are dropping anyway. As of 11:51 a.m. ET, the stock was down 3.9% from Wednesday's closing price. So what A report in Barron's...
Why should you invest in nionio?
Mar 14, 2022 · Shares of Nio ( NIO 4.93% ) crashed at the open Monday morning, as investors are fleeing many Chinese names, including this electric vehicle (EV) maker. The company's American depositary shares ...
Why NIO stock is down today?
A Nio eS8 car NIO stock dropped Monday after the Chinese-based electric-car company said over the weekend that it was suspending production due to Covid-19 restrictions that have disrupted its supply chain.6 days ago
What will happen with NIO stock?
Analysts expect Nio to widen losses to 55 cents per share in 2022, according to FactSet. Revenue is seen jumping 75% for the full year. They forecast Nio will sharply narrow losses to 11 cents per share in 2023 as revenue grows 68%. In 2021, Nio more than doubled EV sales, despite pandemic-related challenges.4 days ago
Is it good to buy NIO now?
Wall Street Thinks Nio Is Undervalued The consensus suggests that NIO is undervalued at current levels and forecasts more than 150% upside, with an average price target of $59. Here are some of the latest ratings: HSBC raised the price target on Nio from $53 to $54 and maintained its "Buy" recommendation.Feb 2, 2022
Will NIO stock go up in 2021?
We think it is. Although Nio stock trades at a relatively high 12x consensus 2021 revenues, it should grow into this valuation fairly quickly. Sales are projected to more than double this year and growth is likely to come in at over 65% in 2022 as well, per consensus estimates.Jan 7, 2022
Will NIO stock go up 2022?
That would put Nio's value at $50 billion for 2022 (i.e., $10 billion times 5x P/S.) This is still 67.2% higher than its $29.9 billion market value as of March 9. That implies NIO stock could be worth as much as $33.72 based on yesterday's price.Mar 10, 2022
Is NIO in danger of being delisted?
Your Takeaway on NIO Stock 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.Feb 25, 2022
Is investing in NIO risky?
An investment in Nio is risky due to external factors beyond the company's control. The company's fundamentals seem to hold good prospects for capitalizing on the emerging EV market based on its technology and especially its Chinese market penetration.Mar 16, 2022
Is NIO a good long term buy?
As per TipRanks' analyst rating consensus, Nio is a Strong Buy. Out of 10 analyst ratings, there are 10 Buy recommendations. This stock has an average NIO price target of $60.86, implying an upside of 153.5%. Analyst price targets range from a high of $87 per share to a low of $34 per share.Feb 13, 2022