Tag: Nio Inc.
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Why Shares of XPeng are Starting to Recover
Investors may want to keep an eye on XPeng (XPEV). After plummeting from about $34 to $12.86, the electric vehicle stock is starting to show signs of life again. It’s also oversold on RSI, MACD, and Williams’ %R. Helping, co-founder and CEO Xiaopeng bought 2.2 million ADRs, on the open market through a holding company.…
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Top Reasons to Buy the Dip in Nio Stock
Electric vehicle stocks, like Nio (NIO) are accelerating. All after reporting strong May deliveries. For the month, NIO delivered 7,024 vehicles, including 5,317 premium smart electric SUVs, including 746 ES8s, 2,936 ES6s and 1,635 EC6s, and 1,707 ET7s, the Company’s flagship premium smart electric sedan. Also, as of May 31, 2022, cumulative deliveries reached 204,936…
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Nio Sales Came in Better than Expected
Nio (NIO) is up slight afterhours on earnings. For its fourth quarter, the company posted a 16-cent loss on sales of $1.6 billion. The Street was looking for that 16-cent loss on sales closer to $1.5 billion. Gross margins were 17.2%, as compared to estimates for 17.6%. “We concluded the year of 2021 on a…
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This is Why Shares of NIO Could More than Double
Nio Inc. (NIO) is accelerating higher. In fact, Citigroup analyst Jeff Chung believes the stock can more than double to $87 a share. He notes recent weakness in NIO was related to the company selling 53.3 million ADRs. However, with the sale now over, the analyst sees multiple catalysts for upside. One, NIO Day being…
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Why Goldman Sachs Just Upgraded NIO to a Buy Rating
Over the last few weeks, Nio (NIO) has been a disaster. Shares plummeted from about $55 to about $33, where it’s just starting to bounce from double bottom support. Helping, Goldman Sachs’ Fei Fang just upgraded the NIO stock to a buy rating from a hold, with a $56 price target – potential 66% upside.…
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One of the Key Reasons to Own Nio Now
NIO (NIO) could be one of the top performers of 2021. After pulling back from about $65 to $45, the stock could retest its prior highs. All after the electric vehicle maker announced it will begin selling EVs in Europe in the second half of the year, according to Bitauto.com. By 2022, the company plans…
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The Top Electric Vehicle Stocks to Consider
Electric vehicle stocks show no signs of slowing. At this point, Tesla could easily hit $1,000 a share again after it’s added to the S&P 500 in December. After posting its best quarterly profit to date, and with hopes of selling a half million cars this year, the stock is up again. Former TSLA bears…
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This is Why Nio Stock Could Hit $60 Near-Term
The last time we weighed in on Nio Inc. (NIO), it traded at $33.95 at the open on Nov. 2. This morning, it’s up to $47.15 in pre-market – a return of nearly 40% in weeks. With patience, this could be a $60 stock, near-term as growth picks up big momentum. Just last night, it…
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Why Nio Could be Headed to $40, Near-Term
Keep an eye on Nio Inc. (NIO). The electric vehicle (EV) stock continues to explode higher. In pre-market today, it’s up another $2. And $40 isn’t out of the question. According to Pulse 2.0: “JPMorgan upgraded its rating for NIO last month from Neutral to Overweight with a $40 price target. JPMorgan analyst Nick Lai…
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This is Why Nio Inc. Could be Headed to $40, Near-Term
At this point, we wouldn’t be shocked to see Nio Inc. (NIO) at $40. Since bottoming out in May 2020 around $3.20, the EV stock is up to $28.81. Analysts at Citigroup say buy, boosting their price target by just over 82% to $33.20 from $18.10. The firm believes NIO has a “very strong” order…