Quick Answer: Will NIO Grow?

Does NIO have a future?

Analysts expect Nio to more than halve losses to 67 cents a share in all of 2020, then further pare losses to 42 cents a share in 2021, according to Zacks Investment Research.

Revenue is seen more than doubling in all of 2020 and nearly doubling in 2021..

Can NIO stock reach $100?

Overwhelmingly, 76.5% of Benzinga traders and investors said Nio would indeed reach $100 per share by 2022. Our study revealed investors saying the EV sector will explode in 2021, Nio could emerge as a leader in the sector.

Is NIO a good long term investment?

NIO stock is a long-term winner finding strong technical support at $40. Chinese premium electric vehicle maker Nio (NYSE:NIO) has been one of the hottest companies on Wall Street in 2020. … Not even red-hot EV stocks with enormous long-term upside potential.

Is NIO undervalued?

Nio had a stunningly poor 2019. At one point, shares were valued at just $1.36 each. Among other issues, Nio had to navigate battery fires and related recalls, competition from Tesla’s new Chinese factory, declining subsidies for electric vehicles, layoffs, and unsustainable financial losses.

Why did NIO stock drop?

NIO said that it will sell up to 69 million new American depositary shares, raising as much as $2.8 billion, in an offering that is expected to hit the market next week. … NIO’s stock likely traded lower following the news because of investor concerns about the dilutive effect of 60 million (or possibly more) new shares.

Is NIO better than Tesla?

Tesla has somewhat better fundamentals, thanks to higher margins and better cash flows, while NIO clearly is the better growth story, as its revenues are still growing at a 100%+ rate. From a valuation standpoint, both stocks look expensive and possibly bubbly, following a rapid increase in valuations this year.

Is NIO a real company?

Nio (NYSE:NIO) has been one of the comeback stories of the year. When 2020 started, it wasn’t clear if the company could stay solvent. However, an influx of $1.4 billion from the city of Hefei gave Nio stability.

Is NIO backed by Chinese government?

Chinese government support for electric vehicles Last year, the government supported Nio by offering it a RMB7 billion (US$1b) bailout last year, providing the company some much needed financial support (the company’s cash was down to RMB863m at the end of 2019 from RMB3.

Is Tesla overvalued?

Tesla Shares Are ‘Dramatically Overvalued,’ JPMorgan Says The analyst pointed out that in the past two years Tesla shares have risen over 800%. Analysts have raised their price targets by about 450%, and also simultaneously lowered their earnings estimates for the company for the years 2020 through 2024.

Is NIO available in USA?

Nio told Autoblog it still hopes to become a truly global brand with a presence in key markets like the United States and Europe, but there’s no fixed date for its entry into either market. As of writing, the ES8 (and smaller models like the ES6) are only sold in their home country of China.

Is NIO making money?

Nio’s Revenues have grown from around $720 million in 2018 to about $1.12 billion in 2019, as its vehicle deliveries grew from around 11,300 units to about 20,600 units. … Nio reported about $1.12 billion in Total Revenues for full-year 2019.

Is NIO worth buying?

There are other electric car stocks that have defied reality this year as well. Chinese electric car maker NIO is now worth over $70 billion despite delivering just over 12,000 cars in the third quarter. Nikola is still worth over $10 billion despite accusations of fraud and having no revenue at all.

What will NIO stock be worth in 5 years?

NIO Inc – ADR quote is equal to 45.770 USD at 2020-12-26. Based on our forecasts, a long-term increase is expected, the “NIO” stock price prognosis for 2025-12-19 is 396.121 USD. With a 5-year investment, the revenue is expected to be around +765.46%. Your current $100 investment may be up to $865.46 in 2025.

Who has invested in NIO?

Top 10 Owners of NIO IncStockholderStakeTotal changeBaillie Gifford & Co.10.07%+11.41%BlackRock Fund Advisors3.05%+14.30%The Vanguard Group, Inc.2.77%+16.11%SSgA Funds Management, Inc.1.91%+26.49%6 more rows

That means Nio would have to sell around 9.71 million units annually. That’s 60% more than the top-3 makers, Volkswagen (OTCMKTS:VWAGY), Honda (NYSE:HMC) and Toyota (NYSE:TM), sold combined in China in 2019. … do not sell 9.71 million cars either. And Tesla’s Model 3 is the second-most popular EV in China.