Should I buy Nio stock, Rivian or Tesla shares?
The consensus among . 8 Wall Street analysts covering (NYSE: NIO) stock is to Strong Buy NIO stock. Out of 8 analysts , 6 ( 75% ) are recommending NIO as a Strong Buy, 1 ( 12.5% ) are recommending NIO as a Buy, 1 ( 12.5% ) are recommending NIO as a Hold, 0 ( 0% ) are recommending NIO as a Sell, and 0 ( 0% ) are recommending NIO as a Strong Sell.
Should I buy Nio now?
Dec 28, 2021 · The EV stock looks attractive. As of this writing, Nio stock is more than 50% off its high price in 2021. It still sports a price-to-sales ratio …
Should you buy the dip in NIO stock?
Dec 14, 2021 · Nio (NIO) Line chart with 252 data points. The chart has 1 X axis displaying Time. Range: 2021-12-30 00:00:00 to 2022-04-12 00:00:00. The chart has 1 Y axis displaying values. Range: 10 to 35. End ...
Is Nio still a buy?
2 days ago · NIO Inc. (NYSE:NIO) is a Chinese-based EV manufacturer that has been around since late 2014; over its lifetime it has managed to sell close to 200,000 electric vehicles.
Is NIO Stock a good buy in 2022, according to Wall Street analysts?
The consensus among 6 Wall Street analysts covering ( NYSE : NIO ) stock is to Strong Buy NIO stock. Out of 6 analysts , 4 ( 66.67% ) are...
What is NIO's earnings growth forecast for 2022-2023?
( NYSE : NIO ) NIO 's forecast annual earnings growth rate of N/A is not forecast to beat the US Auto Manufacturers industry's average fore...
What is NIO's revenue growth forecast for 2022-2024?
( NYSE : NIO ) NIO 's forecast annual revenue growth rate of 48.86% is forecast to beat the US Auto Manufacturers industry's average forecas...
What is NIO's forecast return on assets (ROA) for 2022-2025?
(NYSE: NIO) forecast ROA is N/A, which is lower than the forecast US Auto Manufacturers industry average of 22.35%.
What is NIO's Price Target?
According to 6 Wall Street analyst s that have issued a 1 year NIO price target, the average NIO price target is $49.72 , with the highest...
What is NIO's Earnings Per Share (EPS) forecast for 2022-2023?
(NYSE: NIO) NIO's current Earnings Per Share (EPS) is -$1.01. On average, analysts forecast that NIO's EPS will be -$0.15 for 2022, with the lowest...
What is NIO's forecast return on equity (ROE) for 2022-2025?
(NYSE: NIO) forecast ROE is N/A, which is considered weak.
Signals & Forecast
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.
Support, Risk & Stop-loss
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.
Is NIO Inc. stock A Buy?
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.
Golden Star Signal
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!
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NIO earnings per share forecast
What is NIO 's earnings per share in the next 2 years based on estimates from 2 analyst s?
NIO revenue forecast
What is NIO 's revenue in the next 3 years based on estimates from 2 analyst s?
NIO revenue growth forecast
How is NIO forecast to perform vs Auto Manufacturers companies and vs the US market?
How many BEVs will be sold in 2020?
That compares to about 131,000 battery-electric vehicles (BEVs) that BYD sold in 2020. And BYD is not just an EV company. In total, it sold more than 460,000 vehicles for the full year 2020, including other new energy vehicles like plug-in hybrids and commercial buses in addition to fossil fuel-powered vehicles.
Is NIO a smaller company?
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.
Is NIO growing faster than BYD?
NIO is currently growing much more quickly than BYD, and investors are assigning value to that growth. NIO's BEV sales doubled in 2020 while BYD experienced a drop of 11% versus 2019. Including its other products, BYD's overall sales decreased 7.46% compared to the prior year.
Nio's impressive growth
Nio has grown significantly in the seven years since its founding in November 2014. The company, which launched its first production model in 2018, has delivered 156,581 vehicles so far through November. Of these, 80,940 vehicles were delivered in 2021 (as of the end of November). Nio's year-to-date deliveries through Nov.
What could support Nio's long-term growth
Nio has grown significantly over the years, and the company has solid plans for the coming years. However, the company faces tremendous competition from EV start-ups as well as legacy car companies. Nio's quality products, cutting-edge technology, and a strong network of swapping and charging stations could give it an edge over the competition.
The EV stock looks attractive
As of this writing, Nio stock is more than 50% off its high price in 2021. It still sports a price-to-sales ratio of 9, which isn't cheap.
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Sales Comparisons
- Investors in NIO have reason to be optimistic about the company's future. Auto deliveries have ramped up quickly, and the year-over-year comparison numbers are impressive. NIO reported a 352% increase in January 2021 deliveries compared to the prior-year period. But that still only totaled 7,225 electric cars. For the full year 2020, NIO delivered almost 44,000 vehicles, represen…
Valuing Potential Growth
- NIO is currently growing much more quickly than BYD, and investors are assigning value to that growth. NIO's BEV sales doubled in 2020 while BYD experienced a drop of 11% versus 2019. Including its other products, BYD's overall sales decreased 7.46% compared to the prior year. NIO sales are off a much smaller base, but it has some promising offerings to continue to close the …
in Good Company
- BYD also offers investors growth in areas where NIO isn't a player. Revenue from its new energy commercial bus offerings grew 45% year over year in 2020. And overall opportunity in China is going to play in both companies' favor. EV sales in China surpassed 1 million in 2020, and the government hopes to grow that to 5 million by 2025. It could reach 10 million by 2030, and appr…
Not Just A Legacy Automaker
- Investors seem to want to compare NIO in China to Tesla in the U.S. Tesla disrupted the legacy automakers and is using its years-long head start to its advantage as the fossil fuel automakers play catch-up. But BYD isn't just a Chinese legacy automaker. It is the one with the head start in the EV sector. Both it and NIO, of course, will face competition from other Chinese EV makers, a…