Based on analysts offering 12 month price targets for LI in the last 3 months. The average price target is $48.57 with a high estimate of $64 and a low estimate of $38.
Similarly, 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.
Why is Li auto stock going down? Shares of Li Auto Inc. LI, +5.54% dropped 3.8% in premarket trading Monday, after the China-based electric vehicle maker cut its outlook for third-quarter deliveries, citing the slower-than-expected recovery in the supply of semiconductors.
Thereof, Why is Xpeng dropping today?
Today’s drop might have come from investors reacting to a press release stating that the EV company led a $200 million investment into a fund that backs EVs and other start-ups. Xpeng’s share price was down by 9.4% as of 2:42 p.m. ET on Thursday.
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.
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 |
What is the weather forecast for NIO stock?
On average, Wall Street analysts predict that NIO’s share price could reach $49.72 by Feb 16, 2023. The average NIO stock price prediction forecasts a potential upside of 209.38% from the current NIO share price of $16.07.
Why are Chinese EV stocks down?
Chinese EV sales have been hit by supply constraints, and specifically, an ongoing chip shortage. With the semiconductor shortages predicted to linger into 2022, this is another sour spot for the high-growth industry.
Why nio falling today?
Why Nio Shares Dropped Tuesday
Nio (NYSE: NIO) investors are trying to balance new catalysts for the Chinese electric-vehicle (EV) maker with a short-term issue that has Nio’s production on hold.
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.
Why is NIO down today?
Shares of the Chinese electric automaker Nio (NYSE: NIO) plunged today after the company reported its fourth-quarter results.
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:
- Boston Scientific Corp. (BSX)
- Helmerich & Payne Inc. (HP)
- Freeport-McMoRan Inc. (FCX)
- Kraft Heinz Co. (KHC)
- Kimco Realty Corp. (KIM)
- Twitter Inc. (TWTR)
- Zeta Global Holdings Corp. (ZETA)
Who is the biggest holder of NIO?
Largest shareholders include Baillie Gifford & Co, BlackRock Inc., Vanguard Group Inc, State Street Corp, VWIGX – Vanguard International Growth Fund Investor Shares, Susquehanna International Group, Llp, Goldman Sachs Group Inc, Citadel Advisors Llc, VEIEX – Vanguard Emerging Markets Stock Index Fund Investor Shares, …
Did BlackRock buy NIO stock?
2022-02-10 – BlackRock Inc. has filed a 13F-HR form disclosing ownership of 64,036,975 shares of Nio Inc (US:NIO) with total holdings valued at $2,028,693,000 USD as of 2021-12-31.
Does Vanguard own NIO stock?
The top institutional shareholders of NIO are Originalwish Ltd., Tencent Holdings Ltd., Baillie Gifford & Co., BlackRock Inc. (BLK), and Vanguard Group Inc. Because NIO is a foreign company, it doesn’t file Form 4s for its individual insider shareholders.
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.)
Is NIO stock oversold?
With NIO falling below $20, the stock is seriously oversold and ripe for a rebound. I see up to 3 catalysts in 2022 that could result in a turnaround for the stock.
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 is a Nio car?
The electric car is set to begin deliveries in September 2022, with pre-subsidy prices starting at 328,000 yuan ($51,250) for models that come with a battery.
Who owns Nio Inc?
Top 10 Owners of NIO Inc
| Stockholder | Stake | Total value ($) |
|---|---|---|
| The Vanguard Group, Inc. | 2.76% | 844,953,786 |
| SSgA Funds Management, Inc. | 2.45% | 751,155,776 |
| Goldman Sachs & Co. LLC (Private … | 1.73% | 529,951,450 |
| Susquehanna Financial Group LLLP | 1.24% | 379,304,862 |
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