Is Sklz overvalued?

Shares are down over 80% from their 52-week high of $46.30. It’s a tough pill to swallow for investors who purchased into what seemed like an unstoppable force in gaming competition platforms — at least until now.

Similarly, What is the intrinsic value of NIO?

As of today (2022-04-14), NIO’s Intrinsic Value: Projected FCF is $0.00. The stock price of NIO is $20.42. Therefore, NIO’s Price-to-Intrinsic-Value-Projected-FCF of today is 0.0.

Is NIO undervalued or overvalued? Therefore, we think NIO seems undervalued as a result of its value compression. The consensus estimates over its topline have been revised upwards over time. Furthermore, the company has also demonstrated its scale as it moves nearer towards profitability on an adjusted net income basis.

Thereof, What is a fair price for NIO?

Analysis. NIO’s fair value is $22.37.

Is NIO undervalued?

For perspective, Nio’s Q1 2022 guidance implies a little over 10,000 deliveries for March – about 35% higher year-over-year, although it marks a decline from December 2021 levels. We still think Nio stock remains undervalued.

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.

How much cash NIO have?

NIO cash on hand for 2020 was $6.506B , a 4188.03% increase from 2019. NIO cash on hand for 2019 was $0.152B, a 87.5% decline from 2018. NIO cash on hand for 2018 was $1.214B, a INF% increase from 2017.

Compare NIO With Other Stocks.

NIO Annual Cash on Hand (Millions of US $)
2020 $6,506
2019 $152
2018 $1,214
2017 $

Will NIO stock go up 2021?

We think it is. Although Nio stock trades at a relatively high 12x consensus 2021 revenues, it should grow into this valuation fairly quickly. Sales are projected to more than double this year and growth is likely to come in at over 65% in 2022 as well, per consensus estimates.

What is Nio price target?

The 29 analysts offering 12-month price forecasts for NIO Inc have a median target of 32.94, with a high estimate of 86.57 and a low estimate of 24.08. The median estimate represents a +67.62% increase from the last price of 19.65.

Will NIO go up in 2022?

The analyst is optimistic about NIO’s 2022 performance, as the company increases production and plans to launch its ET7 and ET5 sedans in March and September this year, respectively. NIO is also ramping up its plans to expand globally, including in countries like Norway, Germany, and the Netherlands.

Is NIO profitable in 2021?

More specifically, analysts surveyed by Seeking Alpha have an average forecast of $9.83 billion in 2022 revenue — 74.3% over 2021 revenue estimates of $5.64 billion, according to InvestorPlace. The big negative with this company is its lack of profitability. In the third quarter, NIO lost $442 million.

Does NIO have a future?

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.

Is NIO listed in China?

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. Shares made their debut in Hong Kong Thursday.

Can US delist Chinese stock?

For the delisting timeline, under the current provisions of HFCAA, forced delisting of Chinese ADRs can start in 2024, according to Su. “That said, the timeline can potentially move up by one year if the Accelerate Delisting Bill is signed into law.

What is NIO price target?

The 29 analysts offering 12-month price forecasts for NIO Inc have a median target of 32.94, with a high estimate of 86.57 and a low estimate of 24.08. The median estimate represents a +67.62% increase from the last price of 19.65.

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 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.

Will NIO be as big as Tesla?

Nio may not be nearly as big as Tesla yet, but it has delivered more than 155,000 vehicles to date. It makes sense that Tesla would be valued higher than Nio, but Lucid has barely begun delivering cars, yet has a higher market cap than Nio.

What stocks should I buy for $1000 today?

7 best stocks to buy now with $1,000:

Is it good to invest in Nio?

Investing in Nio today is best suited for investors willing to face extreme volatility and very high risk. However, the old saying that the greater the risk, the greater the reward holds true here. An investment in Nio is risky due to external factors beyond the company’s control.

Who owns the most Nio stock?

Top 10 Owners of NIO Inc

Stockholder Stake Shares owned
Baillie Gifford & Co. 5.76% 88,858,365
BlackRock Fund Advisors 2.60% 40,093,147
The Vanguard Group, Inc. 2.40% 36,994,474
SSgA Funds Management, Inc. 2.13% 32,887,731

Is Nio a good long term buy?

As per TipRanks’ analyst rating consensus, Nio is a Strong Buy. Out of 10 analyst ratings, there are 10 Buy recommendations. This stock has an average NIO price target of $60.86, implying an upside of 153.5%. Analyst price targets range from a high of $87 per share to a low of $34 per share.

Join TheMoney.co community and don’t forget to share this post !

Quitter la version mobile