In recent trading, shares of NIO Inc (Symbol: NIO) have crossed above the average analyst 12-month target price of $2.84, changing hands for $3.72/share.
Learn everything you need to know about successful options trading with this three-part video course.Looking for new stock ideas? The lockdown in China hurt sales and put Nio in a dangerous liquidity crunch. Data may be intentionally delayed pursuant to supplier requirements. Copyright © © American Consumer News, LLC dba MarketBeat® 2010-2020. As of 2020 August 07, Friday current price of NIO stock is 13.705$ and our data indicates that the asset price has been in an uptrend for the past 1 year (or since its inception).. NIO, Inc. (China) stock price as been showing a rising tendency so we believe that similar market segments were very popular in the given time frame.
Nio Stock Is Pricey, But the Company’s Growth Outlook Is Enticing. Nio will have to expand its business and increase its addressable market in China and worldwide first.
NIO Inc. NIO 13.44 0.40 (2.89%).
Goldman Sachs analyst Fei Fang downgraded Nio stock on Friday, July 17, to a “sell” rating.
NYSE Updated Aug 7, 2020 2:21 PM About the Nuveen Municipal Opportunity Common stock forecast. Based on Tuesday’s closing price, this would mean a downside of almost 30%. Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools:View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks.
quotes delayed at least 15 minutes, all others at least 20 minutes. View NIO revenue estimates and earnings estimates, as well as analyst recommendations. We also get your email address to automatically create an account for you in our website. By using our website or by closing this message box, you agree to our use of browser capability checks, and to our use of cookies as described in our Data are provided 'as is' for informational purposes only and are not intended for trading purposes. 18, 2020 at 10:14 a.m. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). All rights reserved.
If Nio falls back to the high single-digits, investors may be on Nio’s EV dominance in China at a better price.To Goldman Sachs’ credit, margins are still too weak. Otherwise, the investment is still a dangerous speculation with downside risks.Nio still needs production scale and demand growth to reach profitability. Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. The high price target for NIO is $13.50 and the low price target for NIO is $1.90. When trading volumes surged to record levels, that may have signaled the end of Strong monthly delivery numbers, China-based stocks trading at new highs, and hype on With profit-taking dominating the stock’s direction, will Nio trade at 16 – $20 in the future?China responded by ordering the closure of the U.S. consulate in Chengdu. There are currently 2 sell ratings, 4 hold ratings and 2 buy ratings for the stock, resulting in a consensus rating of "Hold." MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. CICC believes that NIO's sales are expected to continue to climb, driven by the EC6 launch and capacity expansion.CICC raised its EV/Sales unit valuation multiple for NIO to $4 million EV per vehicle, based on NIO's strong sales, order book and operational performance.The investment bank raised its NIO target price by 11% to $15, reaffirming its outperform rating.CICC upgraded Nio to outperform in a note published on July 21.
PRICE TARGET No. Strong deliveries may lift the stock again.Still, a euphoria on EV stocks fueled the last rally. NIO updated stock price target summary. !The last time Bill O'Reilly tried to do something like this, the networks went crazy.
Why Investors Should Stay Away From Nio Stock for Now
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