Should you buy Nio stock?
Plus, the 36-month beta value for NIO is at 2.46. Opinions of the stock are interesting as 23 analysts out of 27 who provided ratings for NIO Inc. declared the stock was a “buy,” while 2 rated the stock as “overweight,” 2 rated it as “hold,” and 0 as “sell.”
Why is Nio selling off?
- Cenntro's stock is likely still under post-merger pressure. ...
- Nikola, which delivered its first four electric semisto a customer in December, continued its steady announcement of small dealslast week. ...
- Nio got some praise from Wall Street on Monday morning. ...
Where will Nio stock be in 5 years?
NIO Revenue (Quarterly) data by YCharts Nio does not provide a long-term expected growth target, but Nio should be in a good position five ... Stock Advisor will renew at the then current list price. Stock Advisor list price is $199 per year.
Should I buy Nio stock, Rivian or Tesla shares?
Tesla stock has similarly fallen over 20% in the past month yet is still up around 12% over the past year. But following these dips, should I be buying either of these EV shares ... NIO from Tesla and is one reason I think it’s a better buy for me.
Is NIO stock expected to rise?
Stock Price Forecast The 30 analysts offering 12-month price forecasts for NIO Inc have a median target of 30.19, with a high estimate of 82.21 and a low estimate of 21.89. The median estimate represents a +46.36% increase from the last price of 20.63.
Is NIO a good stock to buy now?
“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.
Will NIO bounce back?
In all of 2022, analysts polled by FactSet expect Nio to almost double losses to 59 cents per share. Revenue is seen jumping 60% for the year. They forecast Nio will sharply narrow losses to 19 cents per share in 2023 as revenue grows 71%, as new EVs launch and chip headwinds ease.
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.
Is NIO a buy for long-term?
Yes, NIO Stock is a Long-Term Buy As the BofA analyst stated, the company's sales and margins are looking up, yet investors value it like it's never delivered a vehicle before.
Will NIO be delisted in us?
Last week the US Securities and Exchange Commission (SEC) put Nio on a list of 80 US-listed Chinese companies that face delisting under the Holding Foreign Companies Accountable Act (HFCAA) if they fail to turn over audit results for three straight years.
How much is NIO expected to grow?
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. There are a number of factors that account for NIO's slower top line expansion this year.
Is NIO a good stock to buy 2022?
Hence, the current consensus estimate for NIO in the fiscal second quarter ending June 2022 calling for a 35.5% year-on-year growth in revenue to $1.77 billion looks to be rather unachievable. Recall that NIO delivered 21,896 vehicles in the second quarter of 2021.
What is a good price for NIO?
Stock Price TargetsHigh$552.16Median$202.81Low$147.06Average$234.25Current Price$19.18
What is the future of NIO?
Strong deliveries yet a widening loss NIO delivered 25,034 vehicles in the fourth quarter of 2021 – 44.3% higher than the same quarter in 2020, according to the company's most recently announced results. Meanwhile, the number of vehicles delivered in 2021 hit 91,429.
Is NIO stock a good buy Zacks?
Zacks' proprietary data indicates that NIO Inc. is currently rated as a Zacks Rank 3 and we are expecting an inline return from the NIO shares relative to the market in the next few months.
Will NIO drop tomorrow?
Tomorrow's movement Prediction of NIO Inc. NIO as on 03 Jun 2022 looks Bearish... There has been some negative changes in this stock and it appears that this sentiment can continue tomorrow....Munafa value: 45 as on 03 Fri Jun 2022.Downside target16.37Upside target19.14Upside target19.47Upside target20.096 more rows
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?
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.
NIO Power Day is coming soon. But what does it really mean?
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.
What happened
John Rosevear is the senior auto specialist for Fool.com. John has been writing about the auto business and investing for over 20 years, and for The Motley Fool since 2007. Follow @john__rosevear
So what
Shares of Chinese electric-vehicle maker NIO ( NYSE:NIO) were moving higher on Monday, after the company said it will hold a "NIO Power Day" event next month. "NIO Power" is the company's name for its suite of vehicle-recharging products and services.
Now what
Chinese electric-vehicle news outlet CnEVPost reported that NIO has begun inviting China-based journalists to NIO Power Day on July 9.
What happened
Electric-vehicle investors have become accustomed to companies using big-day events to unveil new products and services, but I'm not completely sure the excitement is warranted in this case.
So what
Shares of Chinese electric car company Nio ( NIO -1.32% ) slipped 2.8% in 2:25 p.m. ET trading Wednesday afternoon, joining in a multi-car company pileup that cost Lucid Group ( LCID 4.23% ) more than 5% and sent Rivian Automotive ( RIVN -0.44% ) crashing 18% lower.
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There is one big difference among these three electric car stocks, however: Nio stock has been "range-bound" for pretty much the entire past month. In fact, if you compare the stock's price today to where it was exactly one month ago, Nio stock is up only $0.01 in price!
