Why NIO stock is falling In general, NIO stock has remained weak the past few weeks due to China’s crackdown on Chinese firms. This negative sentiment impacted most of the other listed Chinese names, including EVs.
Full Answer
Could Nio stock really get delisted?
Apr 20, 2022 · What happened. 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 ...
Will Nio stock go up after earnings?
Aug 13, 2021 · Why NIO stock is falling In general, NIO stock has remained weak the past few weeks due to China’s crackdown on Chinese firms. This negative sentiment impacted most of the other listed Chinese...
Why to invest in NIO?
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 ...
Will Nio be delisted?
Mar 14, 2022 · If China does end up taking a side in Russia’s war, it could result in sanctions on the country as well. If that happens, expect several Chinese stocks, such as Nio, to drop as investors flee the...
Why NIO stock is falling
In general, NIO stock has remained weak the past few weeks due to China’s crackdown on Chinese firms. This negative sentiment impacted most of the other listed Chinese names, including EVs. NIO reported its results for the second quarter of 2021 on Aug. 11 after the markets closed.
When will NIO launch its sedan?
On the earnings call, NIO mentioned that it plans to deliver three new car models next year, including its first sedan ET7. While the company aims to deliver this vehicle to Chinese consumers in early 2022, it will introduce it in Norway later in the year. The automaker also plans to make its first mass-market vehicle under another marquee.
NIO's stock forecast
NIO stock has a consensus buy rating. Among the 17 analysts covering the stock, 65 percent recommend a buy. The other 35 percent have a hold rating on the stock. NIO’s target price of $57.6 suggests an upside of 34 percent.
Will NIO stock go up in 2021?
There are a lot of positive catalysts for NIO stock that could propel it higher in 2021. The company forecasts deliveries of between 23,000 and 25,000 for the third quarter, which is a rise of 88 percent–105 percent YoY. It foresees a rise in revenues of between $1.38 billion and $1.49 billion, up 97 percent–113 percent YoY.
Is NIO stock a good buy now?
NIO stock is trading 32 percent down from its peak in 2021 and 20 percent down since the end of June. Its NTM EV-to-revenue multiple is currently 9.3x, which is almost half the multiple that it was trading at by the end of December 2020. Many positive developments have unfolded for the stock since then.
Why is NIO fragmented?
NIO’s subsidiary structure is fragmented due to its many partnerships. To better understand the services and products offered by the firm, we feel it’s better to divide them by general function and category, instead than in subsidiaries.
When did the ES8 come out?
After the introduction to the market of the first model, NIO got immediately back to work to then make public the launch of ES8, the company’s first volume manufactured electric vehicle, in late 2017.
Will NIO convertible notes turn into shares?
Several bonds listed from NIO in the past and also recently, are convertible notes that can turn into shares in the future. Analysts estimate that the share count will double by 2025.
Does China have good relations with the US?
China doesn’t have precisely the best relations with all the countries worldwide. In particular, the relationship with the US has been complicated by the Trump mandate. The new President of the United States Joe Biden is perceived as more peaceful towards the Celestial Kingdom.
Is the EV market competitive?
The EV is very competitive at this particular moment. Hundreds of companies worldwide are attempting to conquer a market that could be one of the biggest revolutions of the next decade: electric vehicles and autonomous driving.
What is NIO stock?
Nio, Inc. (NYSE: NIO) is one stock in which there is sustained retail as well as institutional interest. A 13-F filing done by one of Canada's largest pension funds Friday showed that it has increased its holdings in Nio.
Where is Formula E season 7?
Season 7 of the Formula E World Championship, the FIA-sanctioned open-wheel electric racing league, is nearing a close after the exciting last two races at the New York City street circuit in the Red Hook neighborhood of Brooklyn.
Nio ET7 starts pre-production!
NIO ET7 trial production TT vehicle rolled off the assembly line. The so-called TT: refers to the trial production and debugging vehicle that is produced in full process according to the control plan before mass production. After the TT car is verified, it is a PP car.
Elon Musk: Chinese automakers are 'the most competitive in the world'
Chinese car companies are the most competitive in the world, and some are very good at software, Tesla CEO Elon Musk said in a video presentation at the 2021 World New Energy Vehicle Congress in southern China's Hainan Province on September 17.
