To The Moon

A stock forecast provides you insight into different analysts’ sentiments. It offers diverse perspectives about how the stock may perform and enables you to see the reasoning for the forecasts.

A stock forecast serves as a guide about how well the stock may perform, helping you decide market positioning. According to 26 analysts, a 12-month forecast for Nio Inc.(NYSE: NIO$NIO Inc.(NIO)$ ) is a low of $33.02 and a high of $87.51. The median forecast is $55.18.

What is NIO?

NIO is a Chinese electric automobile manufacturer. The company designs and develops high-performance electric vehicles (EVs) that incorporate autonomous driving and artificial intelligence.

Headquartered in Beijing, NIO has expanded its operations to Silicon Valley, Oslo, Munich and Oxford, U.K. The company is currently developing an NIO ecosystem for European users in Oslo, Norway.

NIO’s commitment to an environmentally friendly future doesn’t mean abandoning the conveniences and features of gas cars. It offers comprehensive and innovative charging solutions. And it has focused on designing attractive and high-performance vehicles.

Its introduction of the supercar EP9 in 2016 helped position the company as a premium brand. NIO launched the ES8, its first volume car and seven-seater, aluminum-alloy body SUV, in 2017. Since then, the company has manufactured four other models.

NIO’s stride for pioneership in automotive connectivity resulted in the development of NOMI, an AI voice-activated assistant that personalizes the driver’s experience.

Besides offering convenient charging solutions,NIO Housesand mobile applications allow user interactions to develop brand loyalty. NIO owners enjoy free lifetime quality assurance, roadside assistance and connectivity.

NIO competed in the Formula E championships since 2014 and won the Driver’s Championship in 2015. The company plans to start selling vehicles in Germany, The Netherlands, Sweden and Denmark in 2022.

Analyst Ratings for NIO

Source: TradingView

NIO investors watched the stock price surge from $1.20 in October 2019 to $67.12 in January 2021. That’s just over a 5,500% increase. The stock has been on a downtrend since reaching the all-time high. In January 2022, Nio’s stock price dropped to $19.31.

NIO’s most recent analyst rating: Of the 27 polled analysts, most of them were bullish on NIO. The recommendation ratings were:

• Buy – 23
• Outperform – 2
• Hold – 2

None of the analysts’ sentiments were to sell the stock or that it would underperform.

What is NIO’s price target?: Twenty-six analysts participated in NIO’s 12-month forecast. The lowest forecast was $33.02 with a high of $87.51. The median forecast was $55.18. The price reaching the median would mean an increase of 128% from the current price, $24.12. On Feb. 8, 2022,Barclays reported its target price is $34.

When is NIO’s next rating due?: The last rating was on Feb. 8, 2022. Analysts usually provide four annual ratings per company. The next rating is likely to come out after the Q1 earnings in March or April 2022.

What is NIO’s most recent guidance?: On Nov. 9, 2021,NIO announced its estimated revenue of $1.74 billion for Q4 2021. The minimum revenue that the company expected was $1.46 billion.

Key Statistics for NIO

Source:Benzinga Pro

Investors analyze certain key earnings to determine if a stock is a buy. Benzinga looked at NIO’s yield and the costs it incurred to deliver vehicles.

Earning yield: An earning yield is the earnings per share (EPS) for the recent 12 months divided by the current price per share. In NIO’s case, it’s -4.16%. Its negative yield means that it has lost money and has failed to keep up with inflation.

Gross margin: A company’s gross margin is the net sales minus the cost of goods sold. NIO has a gross margin of 20.33%. The averagegross margin for an automobile manufacturer is between 13% and 21%. NIO’s gross margin is on the higher end of that range.Tesla’s gross margin was 28.8%in Q3 2021, but that is exceptional.

Net margin: NIO’s net margin is -29.16%. Net margin is the net profit as a percentage of revenue. NIO’s negative margin means that it incurred a loss. Its negative margin is significantly less than the industry’s average of 7.5%.

Operating Margin: The operating margin is the profit a company makes on a dollar of sales after paying variable production costs. That’s -10.12% for NIO. Its negative operating margin indicates it has spent too much money to produce cars. Its research and development (R&D) costs have steadily increased in the last few years. NIO’s general expenses are also high.