In the premium smart electric vehicle market, NIO Inc is a pioneer and a leader. The company was founded in November 2014. Nio Also Known As : NIO LIMITED, NextCar, Weilai, Shanghai Weilai Automobile, nextev.
Can Nio Stock Reach $1000
Based on 12 Wall Street analysts’ predictions, NIO’s high price target is $34, an average price target is $21.15, and the low forecast is $12.30. Strong buy ratings from Wall Street analysts were provided by these 12 Wall Street analysts.
As you know the future is going to be Electric Vehicles (EVs). Nio is making more efforts to move towards premium smart electric cars. The market share of electric cars is expected to increase significantly worldwide as electric car manufacturing becomes more popular. Although it is also true that no one can make accurate predictions in the stock market. You all know how much havoc was created in the stock market during the time of Corona.
In this decade, Nio stock may not reach $1000. However, Nio stock is expected to reach $1000 by 2040. If you are looking for long-term investment then you should buy more Nio shares.
Can Nio Stock Reach $500
NIO’s annual revenue in 2021 was $5.671 billion, up 127.59% from 2020. NIO’s annual revenue in 2022 will be $6.550 billion by September 30, 2022. This huge difference shows how difficult it is to predict exact revenues.
NIO’s stock closed at its all-time high of 62.84 on February 9, 2021. Since then, the stock has become volatile. However, it is also true that sales of Neo vehicles are increasing rapidly. Nio is expected to see an increase in vehicle deliveries and YoY revenue in the current quarter as well.
Well, after watching and reading a lot of articles and videos on the internet, most analysts said that NIO stock may reach $500 in the year 2030.
Autonomous Vehicles, Electric Vehicle, Electronics, Transportation
William Li, Hsien Tong Cheng, Lihong Qin
September 12, 2018 on NYSE : Per at US$6.26 Per Share
NIO Competitors List
What we like in Nio Inc
- Top Institutional Holders
Among the world’s largest investment management companies, Blackrock Inc., Morgan Stanley, Goldman Sachs Group Inc. These 3 companies have invested in Nio Inc stock.
In Nio Inc, Institutional investors hold an 18.65% stake, and Mutual funds hold 15.64%.
- Nio future plans
As part of its expansion plans, the company intends to enter five more European countries next year, before expanding to 25 additional markets, including the U.S., by 2025. According to Chief Executive Officer William Li, China, Europe, and the US will account for 90% of sales in the long run.
What we don’t like in Nio INC
- Market Capitalization decreased
As of November, 2022, NIO Inc.’s market cap or net worth was 16.72B USD, making it the 557th biggest public company in the country. The market cap of NIO Inc. has decreased by -74.27% over the past year.
- P/E ratio
The Nio Inc P/E ratio is -14.2
- Earnings per share (EPS)
NIO Earnings per Share (EPS) 2019-2022 is too bad.
Is Nio a good buy and hold stock?
The US electric vehicle market has many other electric vehicle companies, so if you’re looking for 3 to 5-year investment stocks, you should ignore Nio stock. You should invest in Nio stock if you intend to hold it for at least 10 years or more.
Is NIO profitable?
As of right now, NIO is not profitable. NIO IPO came in 2018. In the following year, Is operating income fluctuated but was always negative.
Where will NIO stock be in 5 years?
According to expert analysts, Nio stock will be in the range of $50 to $60 in the next 5 years (2027).
Is it a good time to invest $1,000 in Nio Inc.?
Nope, you should not invest $1,000 in Nio Inc. if your capital is low. If you are just looking for EV investment opportunities, read our rivian stock price prediction 2025, 2030, 2040, and 2050 article.