NIO Inc (NYSE:NIO)
The 29 analysts offering 12-month price forecasts for NIO Inc have a median target of 32.97, with a high estimate of 86.67 and a low estimate of 24.11. The median estimate represents a +71.83% increase from the last price of 19.19.
Correspondingly, What is the future of NIO? Amid stiff competition, Nio expects to double and refresh its lineup in 2022 with three new electric vehicles. It began deliveries of the ET7, its first electric sedan, March 28. Nio plans to launch the ET5 in September and the ES7, a five-seater electric SUV, before year end.
What will NIO be worth 2022? 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. That implies NIO stock could be worth as much as $33.72 based on yesterday’s price.
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Will NIO stock ever split?
We currently have no Split History on this stock.
Is NIO a good investment 2021? 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.
Is NIO in danger of being delisted? Your Takeaway on NIO Stock
Nio’s delisting risk is modest at this time. Investors should care more about the company’s path to profitability. When it gets there this year at the earliest, shareholders may hold the stock as it lists on an Asian exchange.
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.
Will NIO recover in 2022?
In summary, Nio has a solid product line and offers tangible growth strategies. However, NIO shares could continue to come under pressure in 2022, in part due to tougher competition, higher operational costs and regulatory risks.
Is NIO heavily shorted? NIO currently has a short interest ratio of 1.0.
Will NIO be profitable?
The company is expected to triple sales by the end of 2024, and become profitable by 2023.
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Is NIO overvalued 2021? Despite a recovery in deliveries at the end of last year, the sell-off in high multiple stocks is still ongoing, and NIO remains overvalued.
How many cars is NIO expected to sell in 2021? Nio’s quarterly guidance of 22,500 to 23,500 vehicles for Q3 2021 implies that deliveries for September could jump to over 9,000 vehicles marking a monthly record.
Is NIO profitable yet?
According to the 25 industry analysts covering NIO, the consensus is that breakeven is near. They expect the company to post a final loss in 2022, before turning a profit of CN¥1.4b in 2023. The company is therefore projected to breakeven just over a year from today.
Is Nio audited by us? NIO Inc.’s independent auditor is PricewaterhouseCoopers Zhong Tian LLP. Who is NIO Inc.’s Depositary Bank for ADSs? NIO Inc.’s Depositary Bank for ADSs is Deutsche Bank Trust Company Americas.
Is Nio listed in China stock Market?
Pedestrians walk past a Nio Inc. showroom in Beijing, China
Stock in Chinese electric-vehicle maker NIO is now listed on two stock exchanges: The New York Stock Exchange and the Hong Kong stock exchange.
Does Nio stock trade in China? Key Takeaways. Chinese EV maker Nio has received approval for a secondary listing by introduction on the Hong Kong Stock Exchange. The company has also filed for a similar listing on Singapore’s stock exchange. Listing by introduction allows companies to improve their business in the country where they are listed.
