How to buy nio stock

Bottom line: Nio stock is not a buy right now. To find the best stocks to buy or watch, check out IBD Stock Lists and other IBD research.

Invest in NIO Inc on Stash

Stash allows you to purchase smaller pieces of investments, called fractional shares, rather than having to pay the full price for a whole share. , you can buy NIO Inc stock in any dollar amount, or any other fund or stock you know on Stash.

The Chinese electric-vehicle maker NIO is one of the hottest EV stocks traded on U.S. exchanges, but it doesn’t sell any products in the U.S. That could change sooner than investors might expect.

Yet Nio stock is still priced a lot like Tesla. It will open today at around $37. That’s a market cap of around $62.5 billion for a company that had sales of about $2.4 billion last year. Nio’s total was 300% higher than during the same month in 2020.

NIO is not owned by hedge funds. The company’s CEO William Li is the largest shareholder with 10% of shares outstanding. Tencent Holdings Limited is the second largest shareholder owning 8.3% of common stock, and Baillie Gifford & Co. holds about 6.6% of the company stock.

Other investors with positions similar to BlackRock Inc. include Baillie Gifford & Co, and Vanguard Group Inc.

In April, deal terms were firmed up. NIO put its Chinese business in to a new entity and ended up owing about 76% of the legal entity. The strategic investors—including the local government—ended up with about 24%. The strategic investors put in some cash.

NIO makes premium smart electric vehicles and provides charging solutions and other services. Vehicle sales generate the majority of the company’s revenue. NIO has lowered its vehicle delivery outlook for Q1 2021 due to production disruptions related to the global semiconductor shortage.

Conclusion. Investors clearly view NIO as a legitimate EV competitor given its $56 billion valuation. While NIO may appear overvalued considering the fact that the company only reported a Q1 revenue of $283.6 million, NIO still has more upside.

Algorithm-based forecasting service Wallet Investor is also bullish on the NIO stock future. Its NIO stock price forecast puts the share price at an average of $47.24 in April, climbing to $97.04 by December 2021, $164.99 by the end of 2022, $232.64 by December 2023 and $379.07 by March 2026.

Stock Price Forecast

The 18 analysts offering 12-month price forecasts for NIO Inc have a median target of 58.86, with a high estimate of 92.23 and a low estimate of 20.08. The median estimate represents a +28.86% increase from the last price of 45.68.

NIO (NYSE: NIO) stock has underperformed in 2021. Dragged down by the tech sell-off and concerns over the global semiconductor shortage, the electric vehicle (EV) stock has fallen from $49 to $40 – a decline of nearly 20%. Over a year however, it’s still up around 1,200%.

Electric vehicle stocks have accelerated throughout 2020 and Chinese EV plays such as Nio (NYSE:NIO) stock have enjoyed the most attention. As the global automotive market shifts towards electrification in the transport sector, the EV industry is only going to grow bigger.

Nio. Investors can also put their $1,000 to good use by picking up Nio. This stock has slumped over 38% from its all-time high of $66.99 in early January 2021.

Higher interest rates, which make financing growth more expensive and reduce the value of future cash flows, hurt EV stocks. So has the chip shortage. NIO stock, for instance, dropped after it cut delivery guidance because of a lack of chips.