Will NIO stock go up?

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.

Is NIO stock expected to rise?

Stock Price Forecast

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. The median estimate represents a +89.28% increase from the last price of 16.57.

Is NIO a good stock to invest?

In 2021, Nio more than doubled EV sales, despite pandemic-related challenges. Sales headwinds have grown in 2022, but Wall Street still sees Nio as a promising EV stock. Out of 28 analysts covering Nio stock, 27 rate it a buy, one has a hold and no one has a sell, FactSet says.

Will NIO go up long term?

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.

How far will NIO stock go up?

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.

Elon musk TWEETS THIS ABOUT NIO STOCK! Watch THIS NOW If You Hold at least 400 NIO Shares!

Will NIO rise in 2022?

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.

What will NIO be worth?

It seems a valuation of 5 times sales for NIO stock could be a more appropriate valuation. That would put Nio's value at $50 billion for 2022 (i.e., $10 billion times 5x P/S.) This is still 67.2% higher than its $29.9 billion market value as of March 9.

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.

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 right now?

Predicted Opening Price for NIO Inc.

B of A Securities is very positive about NIO and gave it a "$25.00 - $26.00" rating on May 16, 2022. The price target was set to 14.55+1.68. Over the last 90 days, this security got 2 buy, 2 sell, and 0 hold ratings.

Is NIO popular in China?

Shanghai-based Nio was founded in 2014 by William Li, a billionaire entrepreneur who got rich selling services to the auto industry. Nio currently sells three models and has a fourth on the way for early 2022. It's delivered some 140,000 cars to customers in China and is expanding to Europe.

Is NIO a good long term investment?

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.

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.

Who will be the biggest EV company?

Volkswagen Group

The car manufacturer has invested billions of euros into electric mobility, making it the world leader in EVs. The company says it will invest more than $30 billion by 2023 in electric mobility, autonomous driving, and digitalization.

Is NIO at risk of delisting?

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

Are Chinese EV stocks a good buy?

Even after its 2021 pullback, Nio has still been a top-performing stock overall in recent years. Investors buying the dip in Nio stock are still paying a more than 300% premium to the stock's price two years ago. Nio is one of many stocks that have rallied on investor enthusiasm for EV investments.

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.

Where will NIO stock be in 2025?

By 2025, Nio will have perfected its manufacturing process and expanded its business to other countries. According to Long Forecast, the stock will be trading at about $55 in January 2025.

What will NIO stock be worth in 2022?

NIO Stock Price Forecast 2022-2023

The forecasted NIO price at the end of 2022 is $22.97 - and the year to year change -27%. The rise from today to year-end: +40%. In the middle of 2022, we expect to see $20.56 per 1 NIO.

Will NIO go up 2021?

Nio recently posted stronger than expected delivery growth, with its EV sales standing at 24,439 units over Q3 2021, ahead of the upper end of the company's guidance of 23,500 units and up almost 2x versus last year.

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 14 buy ratings, 1 hold rating, and no sell ratings.

How many cars has NIO sold?

NIO delivered 91,429 vehicles in 2021 in total, representing a strong increase of 109.1% year-over-year. As of December 31, 2021, cumulative deliveries of the ES8, ES6 and EC6 reached 167,070 vehicles.

Will NIO come to the US?

The US branch of Chinese automaker NIO continues to make interesting moves in North America, as the company signed a ten year lease on a building in San Jose, CA. The new 200,000+ sq.