Should I hold or sell Nio?

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.

What is a good price for NIO stock?

Stock Price Targets

High	$447.97
Median	$203.60
Low	$147.06
Average	$223.56
Current Price	$22.55

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.

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 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.

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.

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 30.38, with a high estimate of 66.84 and a low estimate of 21.94.

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.

Is NIO an American stock?

NIO Inc. ADR Stock Quote (U.S.: NYSE)

Will NIO stock recover?

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.

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.

How many shares of NIO are there?

Share Statistics

Avg Vol (3 month) 3	71.61M
Shares Outstanding 5	1.67B
Implied Shares Outstanding 6	N/A
Float 8	1.3B
% Held by Insiders 1	0.46%

What is the future of NIO stock?

NIO’s 2022 projected sales growth is about 75%. Growth stocks have been hit by inflation and the rising interest rates that inflation induces. Higher interest rates hurt growth stock valuation more than others because growth companies generate most of their earnings and cash flow far in the future.

How do I buy NIO stock in the US?

How to buy shares in Nio Inc Class A ADR

1. Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
2. Open your brokerage account. Complete an application with your details.
3. Confirm your payment details. …
4. Research the stock. …
5. Purchase now or later. …
6. Check in on your investment.

Is Alibaba stock a buy?

Based on its fundamentals, Alibaba is worth ~$505 per share. As of writing, the stock is trading at ~$82.50, which means Alibaba is undervalued by ~80%.

Is NIO a buy for long term?

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.

Is NIO a good stock to buy 2022?

Hence, the current consensus estimate for NIO in the fiscal second quarter ending June 2022 calling for a 35.5% year-on-year growth in revenue to $1.77 billion looks to be rather unachievable. Recall that NIO delivered 21,896 vehicles in the second quarter of 2021.

Is NIO a good buy 2022?

At the end of March, the EV startup had $8.4 billion of cash and equivalents, down slightly from $8.7 billion at the end of 2021. In all of 2022, analysts polled by FactSet expect Nio to almost double losses to 59 cents per share. Revenue is seen jumping 60% for the year.