The Bottom Line on Nio Stock
Using a 9% discount rate, that implies a 2021 price target of nearly $70. So, while we think Nio stock is undervalued today and can and will power to $100 over time, we do not think shares will double overnight.
Besides, Is it a good time to buy NIO stock?
Ride The Upswing In NIO Stock
Now is a good time to buy NIO stock. The company and its share price are on the upswing, and there appears to be plenty of open highway ahead of the EV manufacturer. As the established EV leader in China, Nio could do well even if it simply concentrates on its domestic market.
Also, Is NIO undervalued or overvalued?
Nio had a stunningly poor 2019. At one point, shares were valued at just $1.36 each. Among other issues, Nio had to navigate battery fires and related recalls, competition from Tesla’s new Chinese factory, declining subsidies for electric vehicles, layoffs, and unsustainable financial losses.
Herein, Who bought NIO? NIO is not owned by hedge funds. The company’s CEO William Li is the largest shareholder with 10% of shares outstanding. Tencent Holdings Limited is the second largest shareholder owning 8.3% of common stock, and Baillie Gifford & Co. holds about 6.6% of the company stock.
Is NIO a Buy Sell or Hold?
NIO has received a consensus rating of Buy. The company’s average rating score is 2.71, and is based on 12 buy ratings, 5 hold ratings, and no sell ratings.
23 Related Questions and Answers
Is NIO a good car?
It looks great and modern. The built-quality is great, there are no gaps in the panels and it oozes quality. Definitely not according to the stigma of Chinese-made cars. The ES6 comes with a 400-kilometer range, although it’s closer to 250-300.
Is NIO a bad investment?
There are metrics which make Nio look like a terrible investment. Its shares’ price-sales ratio is higher than all but 3.5% of automotive stocks. … Much more important is the fact that Nio delivered another record month of sales in January, as its vehicle deliveries jumped 352% year-over-year to 7,225.
Why is NIO stock so high?
For NIO specifically, Chung expects the company’s order backlogs to increase in the second quarter, which will in turn “substantially increase” its revenue and market share in the second half of the year, with new products driving additional growth in 2022. Chung’s upgrade is a big part of why the stock is up today.
Are NIO shares a good investment?
NIO’s growth indicates that this stock has the potential to be a great long-term investment. The $67 share price further shows the potential it has to rise – meaning the dip NIO shares have experienced could make now a great time to buy.
Is Black Rock invested in NIO?
2021-05-07 – BlackRock Inc. has filed a 13F-HR form disclosing ownership of 62,612,159 shares of Nio Inc (US:NIO) with total holdings valued at $2,440,622,000 USD as of 2021-03-31. … Other investors with positions similar to BlackRock Inc. include Baillie Gifford & Co, and Vanguard Group Inc.
Does NIO actually make cars?
Investors see promise in Nio, even though it has one factory, sold only about 7,200 cars last month and has never made a profit. Its $82 billion market capitalization exceeds G.M.’s and Ford’s. Its New York-traded shares have soared as high as nearly 30-fold in the last year.
Can I buy a NIO car in the United States?
The Chinese electric-vehicle maker NIO is one of the hottest EV stocks traded on U.S. exchanges, but it doesn’t sell any products in the U.S. That could change sooner than investors might expect. … Still, it is early, and Yu’s financial model doesn’t include any U.S. sales for NIO even in 2025.
What is a good buy price for NIO?
NIO Inc (NYSE:NIO)
The 20 analysts offering 12-month price forecasts for NIO Inc have a median target of 59.59, with a high estimate of 92.26 and a low estimate of 19.01. The median estimate represents a +28.29% increase from the last price of 46.45.
Is Nio the next Tesla?
The reality is that this company is on the verge of dominating the EV market in China and Hong Kong.” … NIO American depositary receipts recently traded at $49.23, up 9.2%. They have climbed 27% in the past month amid investor enthusiasm for EVs.
Is XPeng stock a buy?
XPeng stock should not be bought right now, based on its fundamentals and weak chart. Investors want to prioritize stocks that have seen growth of at least 25% in earnings and sales in recent quarters. XPeng doesn’t yet have a profit; the company is still in an early growth-focused phase.
Are NIO cars sold in USA?
Don’t expect a NIO factory in the U.S.
In fact, NIO doesn’t have its own factory to manufacture the cars it sells in China. The company uses state-owned automaker JAC Motors for contract manufacturing its vehicles.
Where will NIO stock be in 5 years?
NIO Inc – ADR quote is equal to 43.840 USD at 2021-08-08. Based on our forecasts, a long-term increase is expected, the “NIO” stock price prognosis for 2026-08-03 is 229.230 USD. With a 5-year investment, the revenue is expected to be around +422.88%. Your current $100 investment may be up to $522.88 in 2026.
Is NIO owned by Chinese government?
NIO put its Chinese business in to a new entity and ended up owing about 76% of the legal entity. The strategic investors—including the local government—ended up with about 24%. … NIO is spending about $2.4 billion and will end up owning about 90% of the entity formed back in April 2020.
Is NIO making profit?
NIO’s Q1 total revenue was RMB 7.982 billion ($1.24 billion), up 481% year-over-year, with only RMB 576.5 million ($88.0 million) coming from its other sales category. … Net loss for the quarter was RMB 451 million ($68.8 million), a 73% decrease year-on-year (YoY).
Is NIO owned by China?
NIO Inc. NIO (Chinese: 蔚来; pinyin: Wèilái) is a Chinese multinational automobile manufacturer headquartered in Shanghai, specializing in designing and developing electric vehicles.
Is NIO the Tesla of China?
William Li is the founder of Chief Executive of NIO. The EV maker is sometimes labelled as China’s Tesla killer. Its value has skyrocketed since the firm came close to financial collapse in late 2019.
Is NIO coming to USA?
Don’t expect a NIO factory in the U.S.
While the company planned to build its own factory in Shanghai, it canceled the plans in 2019 due to the slowdown and a lack of finances. According to some experts, not having to deal with production, NIO can concentrate on design, technology, and user experience, which is a plus.
What does NIO mean in Chinese?
NIO’s Chinese name, Weilai, which means Blue Sky Coming, reflects our vision and commitment to a more environmentally friendly future.
