Why is NIO stock down today?

Shares of the Chinese electric vehicle (EV) maker Nio (NYSE: NIO) fell today after President Biden unveiled the Indo-Pacific Economic Framework (IPEF) yesterday. The drop comes just one day after Nio's shares slid 5%.

Why has NIO dropped today?

A Nio eS8 car

NIO NIO –1.32% stock dropped Monday after the Chinese-based electric-car company said over the weekend that it was suspending production due to Covid-19 restrictions that have disrupted its supply chain.

Will NIO stock go up?

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.

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.

Will NIO keep falling?

The site predicted that the stock could reach $23.521 by the end of 2023. The share price was then forecast to move sideways to lower to $23.482 by the end of 2024. In terms of NIO stock forecast for 2025 and beyond, Wallet Investor suggested that the price could fall slightly to $22.709, and $21.597 in 2026.

HUGE NEWS FOR NIO STOCK PRICE PREDICTION - YOU ARE GOING TO WANT TO SEE THIS FOR THE NIO STOCK

Should I hold or sell NIO?

15 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for NIO in the last year. There are currently 1 hold rating and 14 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" NIO stock. View analyst ratings for NIO or view top-rated stocks.

Will NIO 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 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.

Is NIO at risk of delisting?

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

What are analysts saying about NIO?

Analyst Price Target on NIO

Based on 16 Wall Street analysts offering 12 month price targets for Nio in the last 3 months. The average price target is $40.51 with a high forecast of $87.00 and a low forecast of $28.30. The average price target represents a 201.41% change from the last price of $13.44.

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.

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 Zacks?

- Hold. 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.

Does NIO stock pay dividends?

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

What happens if a stock is delisted?

Here's what happens when a stock is delisted. A company receives a warning from an exchange for being out of compliance. That warning comes with a deadline, and if the company has not remedied the issue by then, it is removed from the exchange and instead trades over the counter (OTC), meaning through a dealer network.

Is NIO a Chinese stock?

About NIO Inc

NIO Inc is a China-based holding company principally engaged in the research, development and manufacturing of premium smart electric vehicles.

How high will NIO stock go?

Stock Price Forecast

The 29 analysts offering 12-month price forecasts for NIO Inc have a median target of 31.39, with a high estimate of 82.50 and a low estimate of 22.95. The median estimate represents a +96.06% increase from the last price of 16.01.

What will NIO stock be worth in 5 years?

NIO Stock Forecast 2024-2028

These five years would bring a significant increase: NIO price would move from $37.66 to $89.62, which is up 138%. NIO will start 2024 at $37.66, then soar to $44.44 within the first six months of the year and finish 2024 at $51.11. That means +197% from today.

What stocks should I buy for $1000 today?

Is NIO a good buy 2022?

American depositary shares of Chinese electric vehicle (EV) maker Nio (NIO 3.37%) have fallen sharply so far in 2022. The stock is down 55% year-to-date, and its decline accelerated in recent weeks. This comes as the company has worked to expand its sales footprint into Europe and to increase its production capacity.

Will NIO sell cars in the US?

As of Dec. 31, 2021, its vehicle deliveries amounted to 167,070 units in total. Nio unveiled the smart electric flagship sedan ET7 and the midsize smart electric sedan ET5. In 2022, the company expects to begin deliveries of three vehicle models developed on the company's NT2.

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.

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