LI, -2.01% 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.
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 are Nio stocks falling? Why Shares of Nio Are Falling Today
Evidently, geopolitical tension and the fear of rising COVID-19 cases in China is weighing heavily on investors’ minds, motivating them to shift the electric vehicle (EV) manufacturer out of their portfolios. As of 11:26 a.m. ET, Nio’s stock is down 6.8%.
Thereof, 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 a good price for Nio?
Stock Price Targets
| High | $552.16 |
|---|---|
| Median | $210.08 |
| Low | $153.62 |
| Average | $245.40 |
| Current Price | $20.42 |
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 $16.07.
What will happen with Nio stock?
Analysts expect Nio to widen losses to 55 cents per share in 2022, according to FactSet. Revenue is seen jumping 75% for the full year. They forecast Nio will sharply narrow losses to 11 cents per share in 2023 as revenue grows 68%. In 2021, Nio more than doubled EV sales, despite pandemic-related challenges.
Why is Nio tanking today?
What happened. Shares of Nio ( NIO -1.50% ), a China-based electric vehicle maker, were plummeting today after the company listed its shares on Hong Kong’s stock exchange yesterday. Investors are concerned that some Chinese stocks could potentially be delisted from U.S. stock exchanges and are exiting their positions.
Who owns Nio Inc?
Top 10 Owners of NIO Inc
| Stockholder | Stake | Total value ($) |
|---|---|---|
| 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 |
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.
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, …
What hedge funds hold NIO?
NIO (NYSE:NIO) Institutional Buying and Selling
| Reporting Date | Hedge Fund | Ownership in Company |
|---|---|---|
| 4/13/2022 | Redpoint Investment Management Pty Ltd | 0.002% |
| 4/12/2022 | Griffin Asset Management Inc. | 0.003% |
| 4/12/2022 | E Fund Management Hong Kong Co. Ltd. | 0.046% |
| 4/11/2022 | Nordea Investment Management AB | 0.081% |
Can you buy a Nio car in the US?
Nio plans to build four battery swap stations around Oslo, Norway this year with 12 more planned in other cities in 2022. The company has not confirmed that it plans to sell cars in the U.S.
How far can a Nio car go on one charge?
The killer here is a 150-kWh « ultra long range » battery pack that Nio says enables a range « over 1,000 km » (620 miles).
What was Nio highest stock price?
NIO – Stock Price History | NIO
The latest closing stock price for NIO as of April 14, 2022 is 19.65. The all-time high NIO stock closing price was 62.84 on February 09, 2021. The NIO 52-week high stock price is 55.13, which is 180.6% above the current share price.
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.)
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.
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.
Will NIO stock go up in 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.
Will NIO stock go up 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.
Can I buy a NIO car in the US?
Nio plans to build four battery swap stations around Oslo, Norway this year with 12 more planned in other cities in 2022. The company has not confirmed that it plans to sell cars in the U.S.
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