How much will NIO go up by?
How much will NIO go up by?
The 31 analysts offering 12-month price forecasts for NIO Inc have a median target of 30.43, with a high estimate of 66.96 and a low estimate of 21.98. The median estimate represents a +26.39% increase from the last price of 24.08.
How much will NIO stock be in 5 years?
NIO Stock Forecast 2024-2028 These five years would bring a significant increase: NIO price would move from $30.32 to $68.23, which is up 125%. NIO will start 2024 at $30.32, then soar to $35.78 within the first six months of the year and finish 2024 at $37.76. That means +164% from today.
Is NIO a good buy for the future?
They forecast Nio will sharply narrow losses to 19 cents per share in 2023 as revenue grows 71%, as new EVs launch and chip headwinds ease. In 2021, Nio more than doubled EV sales, despite pandemic-related challenges. Out of 33 analysts covering Nio stock, 31 rate it a buy.
Is NIO a long term buy?
Yes, NIO Stock is a Long-Term Buy As the BofA analyst stated, the company’s sales and margins are looking up, yet investors value it like it’s never delivered a vehicle before.
What will NIO stock be in 2025?
Nio’s forecasted share price is expected to be between $170 – $200 by 2025.
What will NIO stock be worth in 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.
What will NIO stock be in 2030?
Nio Stock Forecast
| Year | Lower Range | Higher Range |
|---|---|---|
| 2027 | $99.90 | $114.38 |
| 2028 | $124.88 | $142.97 |
| 2029 | $156.10 | $178.72 |
| 2030 | $195.12 | $223.40 |
Is NIO a strong buy?
“NIO is trading at attractive valuation of 1.7x one-year forward EV/sales,” added the analyst. NIO was trading for more than 13 times estimated 2021 sales back at the end of 2020. There has been a lot of valuation multiple contraction. Investors have sold high-growth stocks as inflation and interest rates have risen.
Will NIO go up 2022?
Is NIO Expected To Grow? In the short term, NIO is still expected to grow in 2022 albeit at a slower pace as compared to 2021. As per the chart below, the sell-side analysts have been cutting NIO’s top line forecasts for 1H 2022, after the company reported Q1 2022 deliveries and Q4 2021 results.
What stocks should I buy for $1000 today?
7 best stocks to buy with $1,000:
- Microsoft Corp. (MSFT)
- Alphabet Inc. (GOOG, GOOGL)
- Amazon.com Inc. (AMZN)
- Berkshire Hathaway Inc. (BRK. A, BRK.B)
- Meta Platforms Inc. (META)
- JPMorgan Chase & Co. (JPM)
- Bank of America Corp. (BAC)
Will NIO stock ever go up?
NIO Stock Is Still Far From Being a Bargain Nio is a speculative tech stock and doesn’t expect to generate a profit until 2024. The price-to-earnings multiple based on earnings per share for 2024 is still considered quite high, more than 60 times.
Should I hold or sell NIO?
14 Wall Street analysts have issued “buy,” “hold,” and “sell” ratings for NIO in the last twelve months. There are currently 1 hold rating and 13 buy ratings for the stock. The consensus among Wall Street analysts is that investors should “moderate buy” NIO stock. View analyst ratings for NIO or view top-rated stocks.
Is NIO a smart investment?
An investment in Nio is risky due to external factors beyond the company’s control. The company’s fundamentals seem to hold good prospects for capitalizing on the emerging EV market based on its technology and especially its Chinese market penetration.
Will NIO sell in the US?
In 2021, the company began selling vehicles in Norway. In February this year, CEO William Li (李斌 Lǐ Bīn) announced that NIO will be providing services in over 25 countries and regions by 2025. The huge screen behind him displayed a world map with several regions highlighted, including North America.
What was NIO highest stock price?
NIO – Stock Price History | NIO The latest closing stock price for NIO as of May 31, 2022 is 17.39. 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 217% above the current share price.
What is NIO price target?
Based on analysts offering 12 month price targets for NIO in the last 3 months. The average price target is $36.75 with a high estimate of $55 and a low estimate of $26.7.
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