Could Nio stock really get delisted?
NIO Inc. (NYSE:NIO) has seen 34.35 million shares traded in the recent trading session. The company, currently valued at $53.44B, closed the recent trade at $46.04 per share which meant it gained $0.36 on the day or 0.79% during that session. The NIO stock ...
Should you buy the dip in NIO stock?
Nio (NYSE: NIO) stock dipped to all-time lows and reported a low sales momentum, falling from $45 to $24 in the past six months. Now the stock is very close to its 52-week low. However, I see it as an opportunity to buy the dip.
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. ...
Is Nio stock a buy?
NIO Inc. [NYSE: NIO] closed the trading session at $24.10 on 02/11/22. The day’s price range saw the stock hit a low of $23.70, while the highest price level was $25.68. The company report on February 1, 2022 that NIO Inc. Provides January 2022 Delivery ...
Why is NIO so low Today?
NIO stock value has since lost over 75% of its value. The new wave of Covid-19 in China combined with the Chinese government's regulatory crackdown on tech firms and wider geopolitical tensions have fuelled the bear trend for NIO. It's trading at $13.85 (9 May), having lost over half its value in 2022.
Why are NIO shares falling?
NIO reported a narrower-than-anticipated loss in the first quarter and deliveries that met forecasts.
Is NIO a good 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.
Why is NIO down again?
Nio announced that it is gradually resuming production of its electric vehicles (EVs) after suspending production earlier this month due to rising Covid-19 cases.
Is NIO stock a long term buy?
The analyst asserted that Nio is “positioned well for long-term growth with a focus on R&D, premium EV leadership, EV penetration accelerating in China, global expansion underway, and mass market launch potentially in 2022-23.” He expects the firm to ramp its production by the back half of the year.
Can NIO stock be delisted?
NIO investors have had to deal with the possibility that the company's shares could be delisted in the U.S. because of the Holding Foreign Companies Accountable Act, which requires foreign stocks listed in the U.S. to have an auditor that can be examined by the Public Company Accounting Oversight Board.
Will NIO rise again?
Is NIO Expected To Grow? In the short term, NIO is still expected to grow in 2022 albeit at a slower pace as compared to 2021. As per the chart below, the sell-side analysts have been cutting NIO's top line forecasts for 1H 2022, after the company reported Q1 2022 deliveries and Q4 2021 results.
Should I hold or sell NIO?
14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for NIO in the last twelve months. There are currently 1 hold rating and 13 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" NIO stock. View analyst ratings for NIO or view top-rated stocks.
Is NIO expected to rise?
The 29 analysts offering 12-month price forecasts for NIO Inc have a median target of 31.54, with a high estimate of 82.90 and a low estimate of 23.06. The median estimate represents a +74.36% increase from the last price of 18.09.
What is the future of NIO stock?
NIO's 2022 projected sales growth is about 75%. Growth stocks have been hit by inflation and the rising interest rates that inflation induces. Higher interest rates hurt growth stock valuation more than others because growth companies generate most of their earnings and cash flow far in the future.
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
Why did NIO jump?
For all of 2021, Nio more than doubled its deliveries year over year, and it was continuing to increase production this year. But quarantines and lockdowns related to COVID-19 cases in China are hitting the business now. April vehicle deliveries decreased 28.6% compared to the same month last year.
One of NIO's co-founders has taken a new job elsewhere
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 trading lower on Friday, after one of the company's co-founders was named CEO of Foxconn's new electric-vehicle business.
Now what
Taiwan-based Hon Hai Precision Industry ( OTC:HNHPF), better known as Apple manufacturing partner Foxconn Technologies, made news earlier this week when it announced a new joint venture with Chinese automaker Geely Auto ( OTC:GELYF) to provide electric-vehicle contract-manufacturing services and related technologies to new and established automakers..
What happened
In truth, this news isn't a big deal for NIO, as Cheng had already left the company. It's unlikely to affect the long-term bull case for the company in any significant way. But after NIO's spectacular bull run over the last several months, it doesn't take much news to induce auto investors to do a bit of profit-taking.
So what
Shares of Chinese electric-vehicle (EV) maker Nio (NYSE: NIO) were trading lower on Thursday, on rising COVID-19 concerns a day after it announced its best monthly sales result to date.
Now what
As is true elsewhere in the world, the emergence of the new omicron variant has rekindled concerns about potential business disruptions in China. Those concerns were hitting the EV segment on Thursday; Nio's was just one of many EV-related stocks trading lower in the session.
And why the sell-off might not last
Should the automaker's investors be worried about omicron? Nio thinks not, or at least not yet. The company issued a statement on Wednesday reassuring fans and investors that its annual Nio Day is on track to happen on Dec. 18 as scheduled.
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 trading lower on Tuesday morning, amid a broad-based sell-off of technology stocks as investors continued to react to news of a potential COVID-19 vaccine.
Now what
Before we dive in, it's important to keep this in mind: NIO, like other electric-vehicle stocks, has had a torrid run in 2020.
A secondary offering was oversubscribed, but it priced at a discount. Is that good or bad?
For auto investors holding NIO's shares, the good news is that the company will report its third-quarter earnings before the market opens next Tuesday, Nov. 17.
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 trading lower on Monday, after the company said that a planned secondary stock offering had priced below Friday's closing price.
Now what
NIO said on Monday morning that its planned secondary offering has priced at $39 per share. That's a discount of 7.1% from Friday's closing price of $41.98, suggesting that the banks underwriting the offering needed to offer clients a bit of a discount to move the shares.
