Are you set to buy NIO Stock or to add them to your existing portfolio? In this article you will get all you need to know about NIO.
We will also provide you with expert answers to questions about whether NIO is a good buy now, whether it is undervalued and NIO price forecast covering 10 years.
What is NIO Stock?
NIO Stock is a financial instrument of Nio Inc. ADR through which shares of stock are sold in the New York Stock Exchange (NYSE) market under the ticker symbol ‘NIO.’
NIO, Inc. is a holding company which deals on the design, manufacture, and sale of electric vehicles such as the EP9 supercar and ES8 7-seater SUV. The company was founded by Bin Li and Li Hong Qin on November 28, 2014 with headquarters in Jiading, China
Simply put, Nio Inc. Class A ADR is an auto manufacturers business based in the United States and currently has about 15,204 staff with a trailing 12-month revenue of around $38.1 billion.
NIO currently has a market cap of about $31.56 Billion making the company the world’s 541th most valuable company by market capitalization.
Is NIO Stock Publicly Traded?
Yes. NIO got listed on NYSE after raising about $1 billion selling American depositary shares in September 2018 under the ticker symbol’ NIO’ and at $6.26 per share.
NIO stock began trading in Singapore exchange at $16.90 and rose to as high as $20.29 and closed at $17.30 at the same period.
Is NIO a Good Investment?
Yes, the NIO fundamentals are positive and pointing at great future returns. Nio Stock commands some prospect for good investments only for long-term.
For example, the company is projected to generate revenues of $9.1 billion this year, which would be 60% more than last year’s performance.
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NIO is projected to generate revenues of $15.6 billion in 2023 which represents about 72% revenue increase from the current year.
NIO is one of the companies with a positive long-term growth potential due to the fact that its brand is doing well in its home market, and Chinese policies are aimed at supporting the country’s EV manufacturers.
Will NIO Go Up or Down?
Wall Street analysts hold a consensus price target of $36 on NIO, which is almost twice the current share price indicating that NIO could go up irrespective of the today’s market signals.
Markets are experiencing turmoil today, and that has also impacted NIO. With interest rates rising and many investors seeking to reduce risk/exposure, NIO’s stock price could continue to struggle.
The 32 analysts offering 12-month price forecasts for NIO Inc. have a median target of 28.04, with a high estimate of 67.13 and a low estimate of 19.41.
The median estimate represents a +46.51% increase from the last price of 19.16 which indicates that NIO will go up in the long term.
Is NIO a Good Buy Now?
Our statistical investigation shows that the NIO stock holds a buy signal from the short-term moving average, and from the long-term average holds a general strong buy signal given a positive forecast for the stock.
Investors in NIO have had a rough time due to macroeconomic factors causing NIO stock to drop by about 35% in 2021. This trend continues into 2022 but Nio has continued to display a tremendous long-term growth potential.
13 Penworld Gurus analysts carried out a buy investigation on NIO Stock. 8(61.53%) hold NIO as a strong buy, 4(30.76%) support a buy, 1(7.69%) supports hold, and 0(0%) supports a sell.
It is believed that if NIO can continue to grow its business under good market condition, profitability will grow eventually, and its below-average valuation could then translate into relative growth potential. Thus, NIO stock looks a good buy candidate only for long term investment.
How You Can Buy NIO Shares
NIO shares can be purchased through online brokerage account.
Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
To buy the NIO Stock you must follow the steps below:
Step 1: Compare Trading Platforms
This will help you make a good choice of brokerage that suits your investment target. Use some comparison tables to help you find a platform that fits you.
Step 2: Open Your Brokerage Account.
This is your trading account to be opened with the brokerage firm. You must complete an application with your details and follow other procedures required by your broker.
Step 3: Confirm Your Payment Details.
You need to deposit sufficient money to your account so that you can trade. Ensure your payment detail is correct before you make such transfer using appropriate payment means.
Step 4: Research the Stock
Conduct a research online to locate the stock you want to buy. Find the stock by name or ticker symbol, in this case -NIO- and research it before deciding if it is a good investment for you now.
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Step 5: Purchase Now or Later
Buy your preferred quantity of NIO stock with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
Step 6: Check In On Your Investment.
Optimize your portfolio by tracking your stock regularly so as to know when your investment target is attained and to know when to change investment strategy.
NIO Stock Price Forecast 2022, 2023-2033
The prediction used Moving Average and Discounted Cash Flow models on NIO historical price, revenue and volume data to evaluate the fundamentals of the stock and arrived at the following conclusions.
NIO Stock Price Prediction 2022
NIO Stock price is estimated to reach maximum at $33.59 by the end of 2022.
The price is projected to drop to as low as $18.65 with average price estimated at $26.12.
This means NIO price value will reach $25.00 per share by the end of the year. Average price volatility is measured at 4.82%.
NIO Stock Price Prediction 2023
In 2023, due to its long term potential, NIO will maintain a gradual but steady upward trend.
The price of NIO Stock is expected to reach a maximum value of $45.86 and minimum price is estimated as $24.63.
The average price is estimated as $35.24. There is evidence that NIO price will reach $35.00 per share in the year. Average price volatility is 5.10%.
NIO Stock Price Prediction 2024
In 2024, analysts predict the maximum trading price of NIO Stock to reach $55.18 and the minimum price is projected to hit $26.70.
The average price is estimated at $40.94 in the year, meaning that NIO stock will trade at of $40.00 per share given average price volatility as 6.38%.
NIO Stock Price Prediction 2025
The year 2025 is expected to end with a maximum price of $69.47 and a minimum price value of $30.12.
The average price is projected to reach $49.79 with average price volatility at 5.34%. There is conclusion that NIO will reach a region of $50.00 per share in the year.
NIO Stock Price Prediction 2026
A technical analysis by our stock experts shows that the price of NIO Stock in 2026 is expected to attain $35.64 minimum and $74.91 maximum.
The expected average trading price-value is $55.27 with average price volatility measured at 4.15% during the year.
NIO Stock Price Prediction 2027
Based on the growing positive signals for NIO stock, its price is predicted to go up to a minimum of $39.17 and reaching the maximum at $82.55.
Average price is estimated at $60.86 in 2027 with average price volatility measured at 5.41%.
There is evidence that the price of NIO will reach $60.00 per share in the year 2027, that is, 5 years to come.
NIO Stock Price Prediction 2028
The year 2028 will maintain the growing tendency of NIO. It is expected to reach a maximum of $83.29 and a minimum of $39.26.
The expected average trading price is around $61.27 with 5.14% average price volatility for the year. There is evidence that NIO will record a slow positive growth trend this year.
NIO Stock Price Prediction 2029
We expect NIO to attain a significant upside this year so as to maintain the projected long term growth.
In 2029 there will be $41.65 minimum price and $99.36 maximum price.
On the average, NIO trading price will be around $70.50 and average price volatility is measured at 6.29%. There is evidence that NIO will reach $70.00 per share this year.
NIO Stock Price Prediction 2030
Experts predict that NIO Stock will attain $119.46 by the year 2030 with the minimum price value expected to hit $42.32.
The average price of NIO is estimated at $80.89. This means NIO will trade at $80.00 per share in the year 2030 with average price volatility at 4.28%.
NIO Stock Price Prediction 2031
It is estimated that by the end of 2031 NIO stock will trade between $46.29 and $130.58.
On the average, NIO Stock will trade at $88.43 in 2031. Average Price volatility is estimated at 6.71% during the year.
NIO Stock Price Prediction 2032
In 2032, minimum projection is $47.38 with maximum price reaching $142.54. On the average, it is expected that the price is around $94.96.
Average price volatility is measured at 5.15%. There is evidence that NIO will trade at about $95.00 per share in the year.
NIO Stock Price Prediction 2033
Technical analyses by our stock experts’ reveal the price of NIO Stock in 2033 will reach $48.73 minimum and $151.30 maximum.
The expected average trading price of NIO Stock is $100.01 with average price volatility at 7.39%. There is evidence that in the next 10 years NIO will trade at $100.00 per share.
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Bottom Line
There is sufficient evidence that NIO stock has a long term growth prospect and may be a good deal for the future.
Evidence shows that your $1000 investment in NIO today at current value of $19.16 will worth about $3,131.52 in the next 5 years, growing at about 213%.
NIO commands low volatility below market average in the face of a steady growth. For example, your $1000 investment in NIO stock today at ($19.16 per share) will give you $5,219.20 in 2033, that is, 10 years to come.
