Based on the Nio stock forecast from 10 analysts, the average analyst Nio stock price target is USD 38.13 over the next 12 months. Nio Class A ADR’s average analyst rating is Strong Buy. Stock Target Advisor’s own Nio stock forecast is Slightly Bearish, which is based on 3 positive signals and 6 negative signals. At the last closing, Nio stock price was USD 19.73. Nio stock price has changed by +0.49% over the past week, -1.63% over the past month and -55.84% over the last year.
NIO Inc. designs, develops, manufactures, and sells smart electric vehicles in China. It offers five, six, and seven-seater electric SUVs, as well as smart electric sedans. In addition, it offers power solutions, including Power Home, a home charging solution; Power Swap, a battery swapping service; Power Charger, a fast-charging solution; Power Mobile, a mobile charging service through charging vans; Power Map, an application that provides access to a network of public chargers and their real-time information; and One Click for Power valet service, where it offers vehicle pick up, charging, and swapping services. Further, the company provides repair, maintenance, and bodywork services through its NIO service centers and authorized third-party service centers. Additionally, it offers NIO Certified, a used vehicle inspection, evaluation, acquisition, and sales service. The company was formerly known as NextEV Inc. and changed its name to NIO Inc. in July 2017. NIO Inc. was incorporated in 2014 and is headquartered in Shanghai, China.
What we like:
Superior risk adjusted returns:
Nio Hong Kong stock has performed well, on a risk adjusted basis, compared to its sector peers (for a hold period of at least 12 months) and is in the top quartile.
Nio stock Hong Kong is less leveraged than its peers, and is among the top quartile, which makes it more flexible. However, do check the Nio stock forecast and look at its sector. Sometimes this is low because the company is not growing and has no growth potential.
Positive cash flow:
Nio Inc stock price had positive total cash flow in the most recent four quarters.
What we don’t like:
Low market capitalization:
Nio stock Hong Kong is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.
The total returns for Nio stock Hong Kong are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.
Overpriced compared to book value:
Nio Hong Kong stock is trading high compared to its peers median on a price to book value basis.
Overpriced on cashflow basis:
Nio Hong Kong stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.
Negative free cash flow:
Nio Inc stock price had negative total free cash flow in the most recent four quarters.
Low Earnings Growth:
Nio Hong Kong stock has shown below median earnings growth in the previous 5 years compared to its sector