Nio chinese stock price.

NIO Inc. (NIO) reachead $7.27 at the closing of the latest trading day, reflecting a +1.25% change compared to its last close. Find the latest NIO Inc. (NIO) stock quote, history, news and other vital information to help you with your stock trading and investing.The official Chinese currency is the renminbi, and the basic unit of renminbi is the yuan. It is abbreviated as either RMB or CNY, for “Chinese yuan.” Renminbi is the official currency in all parts of the People’s Republic of China except f...A Chinese pitbull is a hybrid dog produced by cross breeding an American pitbull terrier and a Chinese crested. The result of combining the two breeds is rarely a 50-50 representation of each breed.However, NIO’s growth rate could justify that valuation, and that’s one of the main reasons why the street believes that the stock's fair value is $60.72 per share, up ~50% from the current ...Find the latest XPeng Inc. (XPEV) stock quote, history, news and other vital information to help you with your stock trading and investing.

Just seven months ago, Shanghai-based electric vehicle maker Nio (NIO) was seen as a cautionary tale. Its stock had cratered to less than $3 a share in New York trading, investors were calling the ...Nio stock surged to touch its 200-day line in September. Shares later plunged to two-year lows. ... China Price War Slams Rival. 12/03/2023 Tesla stock is near an early entry after the Tesla ...The average Nio stock price target of $16.81 implies nearly 45% upside potential from current levels. Shares have declined 63% year-to-date . Alibaba (NYSE:BABA) Stock

Aug 29, 2023 · So what. Nio's revenue declined 14.8% year over year in the quarter to $1.21 billion -- below analysts' consensus estimate of close to $1.26 billion -- and vehicle sales revenue decreased 24.9% to ... Feb 21, 2023 · With its share price down by a whopping 60% over the last 12 months, Nio (NIO-2.84%) has dramatically underperformed the S&P 500 index, which has fallen by a much milder 9% in the same time frame ...

Apr 28, 2023 · Yet if Nio remains reluctant to cut prices, chances are it will have an overall negative impact on demand. This could cause the company falling short of its 250,000 vehicle sales goal. The weakness seen in NIO's January numbers was industry-wide, impacting even China's NEV leader BYD (OTCPK:BYDDF). The company posted a 35% MoM decline in deliveries.While the analyst cautioned that macro weakness in China remains, he believes that Nio is well positioned to benefit from the electrification trend, supported by its growing portfolio. Wall Street’s Moderate Buy consensus rating on Nio stock is based on seven Buys and five Holds. At $13.39, the average price target implies 30.4% upside potential.BYD Factory. Chines car maker Nio has unveiled plans to take on European car giant Volkswagen in its own market as it prepares to launch electric vehicles below €30,000 into the European market. “Yes, in terms of price that means we are also attacking Volkswagen more strongly than before,” Nio founder William Li told German newspaper …

Nov 17, 2022 · Wall Street's average one-year price target is around $20.30, roughly 93% above NIO's current stock price. Moreover, higher-end price targets go up to nearly $35, illustrating a price target ...

NIO continues to burn significant levels of cash to grow its business in the increasingly competitive Chinese EV market. See why I rate NIO stock as a Hold. ... where the stock price is so low ...

The 44 analysts offering price forecasts for NIO have a median target of 23.04, with a high estimate of 60.00 and a low estimate of 8.00. The median estimate represents a 31.89 difference from...Mar 24, 2023 · Nio Stock, China EV Stocks U.S.-listed shares of Nio lost 1.8% to 9.10 on the stock market today . Nio stock still holds a 10% weekly gain, which would be its best showing since late January. The company was founded by Bin Li and Li Hong Qin on November 28, 2014 and is headquartered in Jiading, China. ... Real time Nio (NIO) stock price quote, stock graph, news & analysis. ...NIO posted total deliveries of 37.7K over the past four months, averaging just 9.43K monthly deliveries. As a result, it's way below the 20.9K monthly deliveries cadence it needs to post to meet ...William Li. William Li is a Chinese business executive and entrepreneur who is the founder and CEO of the electric car manufacturer Nio. In June 2021, Bloomberg Billionaires Index estimated Li's net worth to be US$7.11 billion. Li co-founded and invested in over 40 companies in the internet and automotive industries.After a 65% surge in 2023, NIO shares are currently in the midst of a major correction. The stock of the Chinese EV company has plunged 47.3% from its August 2023 highs. The current dip in the NIO stock could be a good long-term buying opportunity, considering the current state of most indicators.Mar 13, 2023 · Chinese electric vehicle (EV) maker Nio (NIO-0.94%) is part of a long list of beaten-down EV stocks that the growth stock sell-off has particularly affected.. But unlike more-speculative EV ...

Apr 11, 2023 · Is Nio a Good Stock to Buy? Last month, JPMorgan analyst Nick Lai downgraded Nio to Hold from Buy and reduced the price target to $10 from $14. Lai noted that the company’s Q4 2022 results were ... Nio’s ( NASDAQ:NIO) recent quarterly results were a disappointing affair with the Chinese EV maker delivering bigger-than-expected losses. The aim for the company, as management has stated, is to find the right balance between volume and profitability. At the same time, Nio wants to preserve its brand and take share in the luxury EV market.Nio reported a fourth-quarter loss of $0.51 per share on revenue of $2.3 billion. Wall Street analysts had been expecting a loss of $0.26 per share on sales of about $2.5 billion. But those ...While Tesla stock has soared by about 5x this year, smaller players have benefited as well. China-based Luxury electric car maker Nio (NYSE: NIO) has seen its stock price soar by almost 6x year-to ...NIO Stock (NYSE: NIO) stock price, news, charts, stock research, profile. ... China's Auto Giants Geely And NIO Team Up To Strengthen Battery Swapping Network. Benzinga Neuro - 3 days ago.

Chinese luxury electric vehicle maker Nio stock delivered 16,074 vehicles for the month of October marking an increase of 60% year-over-year. Deliveries were also up by 3% compared to September.

Nio Stock Is Headed for Trouble. NIO, Inc. is a holding company which engages in the design, manufacture, and sale of electric vehicles. Its products include the EP9 supercar and ES8 7-seater SUV. It provides users with home charging, power express valet services, and other power solutions including access to public charging, access to power ...Can NIO Stock Reach $ 1,000 Per Share? The simple answer is yes. Theoretically, NIO stock could reach $1,000 per share. However, to achieve this milestone, its current stock price of $8.44 as of ...Exchange-traded funds (ETFs) grow rapidly and attract increasing attention from academia and practitioners. Based on data from the Chinese financial market, we …NIO Inc NIO.N Latest Trade 7.18 USD -0.03 -0.42% As of Nov 29, 2023. Values delayed up to 15 minutes Today's Range 7.13 - 7.51 52 Week Range 7.00 - 16.17 Profile Charts Financials Key Metrics...See the latest NIO Inc Class A stock price (09866:XHKG), related news, ... Nio is a leading electric vehicle, or EV, manufacturer in China, targeting the premium segment. Its current model ...Nio is among several Chinese names rising on the news. What Else: On Friday, JP Morgan analyst Nick Lai maintained coverage on NIO with a Neutral rating and raised the price target from $8.50 to ...Dec 4, 2023 · However, on December 4, Nio and its investors received a piece of good news after reports revealed that China added the company to the list of approved car manufacturers, sending its shares rising at the market open. While its Hong Kong-listed shares closed 2% lower at 55.35 HKD, Nio’s US-listed stock climbed 2.46% at the US market open to $7.33. Shares of Nio and its China EV peers remain below the 200-day line after sliding in the past year. XPeng Sales XPeng sold 5,811 EVs in November, down nearly 63% vs. a year earlier, but up 14% from ...Nio shares have continued to steadily slide to lower prices.; Confidence in the China-based EV maker’s future prospects keeps declining, in light of weak results in its home market, and greater ...Nio stock slid 2.7% to 8.79 Monday. Shares remain well below the 50- and 200-day lines. Year to date, Nio stock is down more than 10%. Shares have almost halved from the Aug. 4 high of 16.18 ...

Jun 12, 2023 · For Nio, one of the leading China-based EV makers, Bard predicts the stock price would range from $10 to $12 at the end of 2023, 29%-55% higher than the current price level. Bard’s prediction, which marks a significant potential upside for Nio’s shares, is based on three key drivers, including robust EV demand in China, Nio’s expanding ...

Nio lowest stock price was $7.00 and its highest was $16.18 in the past 12 months. ... Founded in 2014, China-based Nio, Inc. designs, jointly manufactures, and sells ...

Average interest rate is 4.25%. $500 million will be used to pay off notes due 2026/27, which carried an average interest rate of about 0.25%. So interest payments when up about $40 million per ...Sep 25, 2023 · As losses mounted, a trade war between the U.S. and China, a battery recall, and a downturn in the Chinese EV market drove Nio’s share price to an all-time low of $1.19 in October 2019. Yet Nio stock is trading at a valuation it last saw in 2020, or a price-to-sales ratio of about 2.9. NIO PS Ratio data by YCharts. This looks like a solid entry point for anyone waiting to buy Nio ...China Alibaba’s Woes Illustrate Broader China Concerns. Why Chinese Stocks May Struggle. Why Chinese Stocks May Struggle. Nov. 17, 2023 at 12:01 a.m. ET by Barron'sThe official Chinese currency is the renminbi, and the basic unit of renminbi is the yuan. It is abbreviated as either RMB or CNY, for “Chinese yuan.” Renminbi is the official currency in all parts of the People’s Republic of China except f...Find real-time NIO - NIO Inc stock quotes, ... NSANY's $1.4B Outlay, VWAGY's China-Specific EV Platform & More. Nov 27 / Zacks.com - Paid Partner Content ... Most stock quote data provided by BATS ... Apr 20, 2022 · Shares of Chinese electric vehicle (EV) maker Nio ( NIO 0.69%) have been under pressure for several reasons in recent weeks. Just since April 4, the stock has tumbled by more than 20%. That ... Shares of Nio and its China EV peers remain below the 200-day line after sliding in the past year. XPeng Sales XPeng sold 5,811 EVs in November, down nearly 63% vs. a year earlier, but up 14% from ...Mar 15, 2023 · A good example is with shares in China-based electric vehicle maker Nio (NYSE:NIO). Analysts remain bullish on NIO stock. ... Based on NIO’s recent stock price performance, I’m clearly not the ...

Yet if Nio remains reluctant to cut prices, chances are it will have an overall negative impact on demand. This could cause the company falling short of its 250,000 vehicle sales goal.The high in the last 52 weeks of NIO stock was 16.18. According to the current price, NIO is 45.40% away from the 52-week high. What are analysts forecasts …Oct 5, 2023 · Nio lost $835 million in the second quarter, or $35,000 for each car it sold. Nio and other companies in China’s sprawling electric car sector have formidable government backing that allows them ... Instagram:https://instagram. i bond rate prediction 2023arrstockfractional real estate investment platformvtip yield TipRanksNIO Inc. American depositary shares, each representing one Class A ordinary share (NIO) Pre-Market Stock Quotes - Nasdaq offers pre-market quotes and pre-market activity data for US and global ... ticker boiltrade o vate Nio (NIO), the Chinese electric vehicle (EV) automaker, has seen its share price slide on Tuesday due to weak services data out of the mainland. Nio stock is …Often touted as the ‘Tesla of China’, NIO went public on New York Stock Exchange in 2018. NIO’s unique selling proposition is to provide EVs at competitive pricing. Importantly, NIO does not ... hong kong exchange index Get the latest NIO Inc (9866) real-time quote, historical performance, charts, and other financial information to help you make more informed trading and investment decisions. ... Co of China Ord ... Stock Info and Seeking Alpha. Between 2018 and 2022, NIO underwent significant shifts in its financial performance. Notably, the company's revenue steadily climbed, soaring from $719.80 in 2018 to ...