Is NIO a Buy Sell or Hold?

Is NIO a Buy Sell or Hold?

NIO has received a consensus rating of Moderate Buy. The company’s average rating score is 2.93, and is based on 13 buy ratings, 1 hold rating, and no sell ratings.

What is a good price for NIO stock?

Average Price Target Based on 12 Wall Street analysts offering 12 month price targets for Nio in the last 3 months. The average price target is $36.52 with a high forecast of $51.50 and a low forecast of $26.70. The average price target represents a 51.66% change from the last price of $24.08.

Who owns the most NIO stock?

Top 10 Owners of NIO Inc

Stockholder	Stake	Shares owned
Baillie Gifford & Co.	5.75%	88,750,621
BlackRock Fund Advisors	2.57%	39,711,343
The Vanguard Group, Inc.	2.47%	38,187,213
SSgA Funds Management, Inc.	1.74%	26,808,643

Is NIO a Chinese stock?

About NIO Inc NIO Inc is a China-based holding company principally engaged in the research, development and manufacturing of premium smart electric vehicles.

Is NIO coming to America?

NIO expands US headquarters as North American launch begins to feel more and more likely. The US branch of Chinese automaker NIO continues to make interesting moves in North America, as the company signed a ten year lease on a building in San Jose, CA. The new 200,000+ sq.

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.

What is the 12 month price target for NIO?

NIO Inc (NYSE:NIO) 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.

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 projection?

NIO stock is a “good long-term investment”, according to the algorithm-based forecasts of Wallet Investor at the time of writing (9 May). The site predicted that the stock could reach $23.521 by the end of 2023.

Does Vanguard own NIO?

2022-05-13 – Vanguard Group Inc has filed a 13F-HR form disclosing ownership of 49,061,112 shares of Nio Inc (US:NIO) with total holdings valued at $1,032,737,000 USD as of 2022-03-31.

What hedge funds hold NIO?

Top 20 Shareholders of NIO

Fund/Manager Name	Shares	Value
Bridgewater Associates Ray Dalio	5.32M	$ 112.06M
Sands Capital Management Frank Sands	5.60M	$ 117.97M
DE Shaw David Shaw	5.46M	$ 114.97M
Renaissance Technologies Jim Simons	5.40M	$ 113.70M

Does Goldman Sachs own NIO stock?

2022-05-16 – Goldman Sachs Group Inc has filed a 13F-HR form disclosing ownership of 24,617,712 shares of Nio Inc (US:NIO) with total holdings valued at $518,202,000 USD as of 2022-03-31.

Is NIO a good long term investment?

Nio (NYSE: NIO) is one of my favorite electric vehicle (EV) stocks. For quite some time, it could do no wrong. In fact, between 2020 and 2021, the stock accelerated from a low of $3.40 to about $67.

How many cars has NIO sold?

NIO car sales – March 2022 So far this year, NIO sold globally over 25,000 electric cars. Cumulatively, NIO sold 192,838 electric cars, including over 94,000 in the recent 12 months.

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.

Will NIO follow Tesla?

Chinese EV Darling Nio Is Poised to Follow in Tesla’s Footsteps.

Can NIO sell cars in us?

The simplest approach to sell your vehicle is to present it as a trade-in at the dealership where you’ll be purchasing your new vehicle. It won’t fetch you a lot, but it might help you save money on sales taxes.

How much is a NIO car in US dollars?

NIO ES6

	2019 – …
	Currently produced
New	$ 77,700
Used	$ N/A
Battery	84 kWh