What is Nio price target?

NIO Inc (NYSE:NIO)

The 29 analysts offering 12-month price forecasts for NIO Inc have a median target of 31.36, with a high estimate of 82.43 and a low estimate of 22.93.

What is the 12 month price target for NIO?

Based on analysts offering 12 month price targets for NIO in the last 3 months. The average price target is $40.66 with a high estimate of $87 and a low estimate of $26.

Is NIO a buy right now?

Bottom line: Nio stock is not a buy right now. To find the best stocks to buy or watch, check out IBD Stock Lists and other IBD research.

How much will NIO go up by?

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.

Is it good time to buy NIO stock?

NIO Stock Is Still Far From Being a Bargain

Nio is a speculative tech stock and doesn't expect to generate a profit until 2024. The price-to-earnings multiple based on earnings per share for 2024 is still considered quite high, more than 60 times.

NIO Stock Price target will 3x this year! (SUMMER 2022)

Is NIO a good stock to buy 2022?

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.

Is NIO a safe investment?

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.

Is NIO a good long term stock?

Nio (NYSE: NIO) is one of my favorite electric vehicle (EV) stocks. For quite some time, it could do no wrong. In fact, between 2020 and 2021, the stock accelerated from a low of $3.40 to about $67.

Is NIO a good investment 2021?

Now down 60% over the last 12 months, many analysts are saying shares are a screaming buy, especially after Nio announced a record-breaking 25,034 deliveries in the fourth quarter of last year. It also reported a record 91,429 delivered for all of 2021, which was a 109% increase from 2020.

Is NIO expected to rise?

2bn (US$336.4m), representing an increase of 54.4% over the same period in 2020. NIO expected earnings per share (EPS) stood at -$0.63 for 2022, an estimation provided by Zacks Investment Research. This compares to an EPS of -$1.05 in 2021, and could indicate that the losses are projected to shrink going forward.

What is Zacks rating for NIO?

Zacks' proprietary data indicates that NIO Inc. is currently rated as a Zacks Rank 4 and we are expecting a below average return from the NIO shares relative to the market in the next few months.

Will NIO stock bounce back?

Nio (NYSE:NIO) stock has been an under-performer with a downside of 52% in the last 12-months. A major part of the correction can be attributed to factors that include dilution and profit booking.

Is NIO at risk of delisting?

NIO is among a number of Chinese companies at risk of being delisted in the U.S.

Can NIO be the next Tesla?

NIO is a major EV maker in China's popular SUV sector. In contrast to rival luxury SUV models such as Tesla, NIO EV models are cheaper. Based on analysts' assessment, NIO has a good potential of growing shareholder value over the long term.

Is NIO a buy or sell?

Today NIO ranks #10903 as sell candidate.

Does NIO stock pay dividends?

NIO (NYSE: NIO) does not pay a dividend.

Is NIO undervalued?

We still think Nio stock remains undervalued. Nio trades at about 3.7x consensus 2022 revenues, roughly in line with Chinese rivals Xpeng stock and Li Auto and well below Tesla stock which trades at around 12x forward revenue. There are multiple factors that could help Nio stock be re-rated higher.

Why is NIO dropping so much?

Nio itself briefly suspended production at its Hefei facility due to a shortage of parts that it sources from suppliers located in regions directly affected by lockdowns.

Is NIO getting delisted?

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.

Can you buy a NIO car?

It is not yet possible to buy NIO cars in the U.S., but the company has announced plans to expand services to 25 new countries and regions by 2025 including Australia, Western Europe, and the United States.

Are Chinese EV stocks a good buy?

Credit rating agency Fitch Ratings maintains a positive view on China's EV market citing strong demand. It believes that while the recent price hikes in response to higher commodity costs may discourage some EV buyers, H122 EV deliveries are likely to be solid as many EV makers have large order backlogs.

Does NIO ever recover?

Nio Has Big Plans for 2022, But the Nio Stock Recovery Might Take Longer. Investors in the Chinese electric vehicle (EV) group Nio (NYSE:NIO) stock have been scratching their heads amidst the year-long decline. On Feb. 10, 2021, NIO stock hit a peak of $64.60 — a price that is now in the rearview mirror.