Search results
Results From The WOW.Com Content Network
If Nio matches analysts' estimates through 2026, grows its revenue by another 20% in 2027, and trades at a reasonable 4 times sales, its stock could rise nearly 500% from its current price.
Nio's stock price is soaring as investors are optimistic about its prospects. ... *Stock prices used were the afternoon prices of Sept. 26, 2024. The video was published on Sept. 28, 2024.
That led J.P. Morgan analyst Nick Lai to upgrade Nio shares and significantly raise his firm's price target. Lai now thinks investors should buy Nio stock and sees the stock reaching $8 per share ...
The bears claimed Nio's business model was unsustainable, and its stock plunged from its record high of $62.84 in February 2021 to less than $4 earlier this year.
In September 2018, the company filed for a US$1.8 billion initial public offering on the New York Stock Exchange. [10] By 2020, Nio was on the brink of bankruptcy and its share price had fallen 62% since its IPO. [11]: 101 The city government of Hefei obtained a 25% stake in Nio.
The Stock Advisor service has more than quadrupled the return of S&P 500 since 2002*. See the 10 stocks » *Stock Advisor returns as of September 23, 2024. Howard Smith has positions in Nio and ...
Nio (NYSE: NIO) stock had one of its best days in recent weeks today, flying 12% higher as of 12:40 p.m. ET Thursday. After losing more than 50% value in the first half of 2024, ...
With an enterprise value of 70.4 billion yuan ($9.7 billion), Nio's stock looks cheap at a price-to-sales ratio of 1. But it could continue to trade at that discount until it stabilizes its ...