Down 40% This Year, Will New Models And Budget EV Help Nio Stock Rebound? (2024)

More From Forbes

Can Nvidia Beat The Target?

Buy The Dip On This Sports Betting Stock","scope":{"topStory":{"index":1,"title":"Buy The Dip On This Sports Betting Stock","image":"https://specials-images.forbesimg.com/imageserve/664e3fdd5ff8cf0301c2f8fb/290x0.jpg","isHappeningNowArticle":false,"date":{"monthDayYear":"May 22, 2024","hourMinute":"02:57","amPm":"pm","isEDT":true,"unformattedDate":1716404232917},"uri":"https://www.forbes.com/sites/greatspeculations/2024/05/22/buy-the-dip-on-this-sports-betting-stock/"}},"id":"c1c9dk0if7bc00"},{"textContent":"

Earnings Preview: What To Expect From Nvidia","scope":{"topStory":{"index":2,"title":"Earnings Preview: What To Expect From Nvidia","image":"https://specials-images.forbesimg.com/imageserve/611d325b8f50eac68f189365/290x0.jpg","isHappeningNowArticle":false,"date":{"monthDayYear":"May 22, 2024","hourMinute":"02:43","amPm":"pm","isEDT":true,"unformattedDate":1716403394873},"uri":"https://www.forbes.com/sites/adamsarhan/2024/05/22/earnings-preview-what-to-expect-from-nvidia/"}},"id":"9r2741cm294g00"},{"textContent":"

Is Philip Morris Stock A Better Pick Over Union Pacific?","scope":{"topStory":{"index":3,"title":"Is Philip Morris Stock A Better Pick Over Union Pacific?","image":"https://specials-images.forbesimg.com/imageserve/6539e7eb298eaf24a251b656/290x0.jpg","isHappeningNowArticle":false,"date":{"monthDayYear":"May 22, 2024","hourMinute":"09:30","amPm":"am","isEDT":true,"unformattedDate":1716384621000},"uri":"https://www.forbes.com/sites/greatspeculations/2024/05/22/is-philip-morris-stock-a-better-pick-over-union-pacific/"}},"id":"9lmjj0aph2cg00"},{"textContent":"

Should You Pick Riot Platforms Stock After An 18% Rise In A Week?","scope":{"topStory":{"index":4,"title":"Should You Pick Riot Platforms Stock After An 18% Rise In A Week?","image":"https://specials-images.forbesimg.com/imageserve/664d74851207f47202285d08/290x0.jpg","isHappeningNowArticle":false,"date":{"monthDayYear":"May 22, 2024","hourMinute":"08:45","amPm":"am","isEDT":true,"unformattedDate":1716381914000},"uri":"https://www.forbes.com/sites/greatspeculations/2024/05/22/should-you-pick-riot-platforms-stock-after-an-18-rise-in-a-week/"}},"id":"a809krgaa0q800"},{"textContent":"

Biden Tariffs Revive The China Trade War But Trump’s Stance Is Riskier","scope":{"topStory":{"index":5,"title":"Biden Tariffs Revive The China Trade War But Trump’s Stance Is Riskier","image":"https://specials-images.forbesimg.com/imageserve/664d170dd8cbff2b4b926506/290x0.jpg","isHappeningNowArticle":false,"date":{"monthDayYear":"May 22, 2024","hourMinute":"08:02","amPm":"am","isEDT":true,"unformattedDate":1716379342032},"uri":"https://www.forbes.com/sites/nicksargen/2024/05/22/biden-tariffs-revive-the-china-trade-war-but-trumps-stance-is-riskier/"}},"id":"b2dlnf5rk9nc00"},{"textContent":"

Up 165% This Year, Will Dyne Therapeutics Continue Its Stellar Run?","scope":{"topStory":{"index":6,"title":"Up 165% This Year, Will Dyne Therapeutics Continue Its Stellar Run?","image":"https://specials-images.forbesimg.com/imageserve/664d73aa1207f47202285d06/290x0.jpg","isHappeningNowArticle":false,"date":{"monthDayYear":"May 22, 2024","hourMinute":"08:00","amPm":"am","isEDT":true,"unformattedDate":1716379218000},"uri":"https://www.forbes.com/sites/greatspeculations/2024/05/22/up-165-this-year-will-dyne-therapeutics-continue-its-stellar-run/"}},"id":"9796a8pck18000"},{"textContent":"

Can Nvidia Beat The Target?","scope":{"topStory":{"index":7,"title":"Can Nvidia Beat The Target?","image":"https://specials-images.forbesimg.com/imageserve/65d5f3d59190aeac747ec8aa/290x0.jpg","isHappeningNowArticle":false,"date":{"monthDayYear":"May 22, 2024","hourMinute":"07:34","amPm":"am","isEDT":true,"unformattedDate":1716377640813},"uri":"https://www.forbes.com/sites/jjkinahan/2024/05/22/can-nvidia-beat-the-target/"}},"id":"dcoenih1h9dk00"},{"textContent":"

Gaining 16% This Year, Will Ralph Lauren Stock Rally Further After Q4 Results?","scope":{"topStory":{"index":8,"title":"Gaining 16% This Year, Will Ralph Lauren Stock Rally Further After Q4 Results?","image":"https://specials-images.forbesimg.com/imageserve/664d726ed80a86a393898260/290x0.jpg","isHappeningNowArticle":false,"date":{"monthDayYear":"May 22, 2024","hourMinute":"07:15","amPm":"am","isEDT":true,"unformattedDate":1716376530000},"uri":"https://www.forbes.com/sites/greatspeculations/2024/05/22/gaining-16-this-year-will-ralph-lauren-stock-rally-further-after-q4-results/"}},"id":"c7fpk9rqoj6800"}],"breakpoints":[{"breakpoint":"@media all and (max-width: 767px)","config":{"enabled":false}},{"breakpoint":"@media all and (max-width: 768px)","config":{"inView":2,"slidesToScroll":1}},{"breakpoint":"@media all and (min-width: 1681px)","config":{"inView":6}}]};

Down 40% This Year, Will New Models And Budget EV Help Nio Stock Rebound? (2024)

FAQs

What is the stock market forecast for Nio in 2024? ›

On Tuesday, BofA Securities revised its price target for NIO Inc. (NYSE: NIO), a prominent electric vehicle manufacturer, down to $5.90 from the previous $6.50. Despite the reduced price target, the firm maintained a Neutral rating on the stock.

Will the Nio stock price recover? ›

NIO Stock 12 Month Forecast

Based on 18 Wall Street analysts offering 12 month price targets for Nio in the last 3 months. The average price target is $6.69 with a high forecast of $10.40 and a low forecast of $4.00. The average price target represents a 38.51% change from the last price of $4.83.

Why has Nio gone down so much? ›

NIO stock recently hit a low for the year, dipping below $4 per share. Shares of Nio have been declining for months, but this recent poor performance is due to the price cut trend sweeping across China's EV market. Tesla (NASDAQ:TSLA) recently slashed prices on some of its most popular models.

What is the 10 year forecast for Nio stock? ›

In 2030, the NIO Inc. stock will reach $ 1,415.23 if it maintains its current 10-year average growth rate. If this NIO Inc. stock prediction for 2030 materializes, NIO stock will grow 29,200.79% from its current price.

How long it will take NIO to be profitable? ›

Nio's management said in a March 2022 earnings call that the electric vehicle (EV) maker aims to break even in the fourth quarter of 2023 and achieve annual profitability in 2024 for the first time.

How much will NIO be worth in 2026? ›

According to the latest long-term forecast, NIO price will hit $5 by the middle of 2024 and then $9 by the end of 2026. NIO will rise to $10 within the year of 2027, $12 in 2029, $15 in 2031 and $17 in 2033.

Should I still hold NIO stock? ›

The main reasons to sell Nio's stock

Nio's sales might be stabilizing, but it's still deeply unprofitable. Its annual operating loss nearly doubled from 10.8 billion yuan ($1.5 billion) in 2019 to 20.3 billion yuan ($2.8 billion) in 2023, and it's expected to bleed more red ink in the future.

Is there any hope for NIO? ›

NIO Signals & Forecast

Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock.

What will NIO be worth in 2030? ›

Based on its historic performance, our NIO stock price prediction 2030 forecasts it to reach $70 by the end of 2030.

What are the plans for NIO 2025? ›

This year, NIO has raised its target of having over 700 instead of 500 battery swap stations installed by year end. From 2022 to 2025, NIO commits to installing 600 new battery swap stations in China. By the end of 2025, NIO will have over 4,000 NIO battery swap stations worldwide with around 1,000 outside of China.

What will NIO share price be in 2040? ›

Assuming that Nio grows at an 11.13% CAGR of the S&P 500, the stock could reach $26.82 by 2040, which would be a 501% increase compared to today's rates.

What is the stock price prediction for Tesla in 2025? ›

Tesla stock prediction for 1 year from now: $ 331.27 (84.82%) Tesla stock forecast for 2025: $ 229.08 (27.81%) Tesla stock prediction for 2030: $ 781.23 (335.86%)

Will NIO ever sell in the USA? ›

Nio aims to sell its first car in the U.S. by 2025 as part of a goal to expand to 25 countries and regions. "My goal, and my commitment to this company, is I want all of us to buy a Nio car from our personal paycheck one day," Iyer said.

Top Articles
Social Security Card Generator Free
Kiralık Daire Fiyatları ve Kiralık Daire İlanları
Friskies Tender And Crunchy Recall
Urist Mcenforcer
Aadya Bazaar
Ofw Pinoy Channel Su
Blairsville Online Yard Sale
Irving Hac
LA Times Studios Partners With ABC News on Randall Emmett Doc Amid #Scandoval Controversy
A.e.a.o.n.m.s
Craigslist Labor Gigs Albuquerque
83600 Block Of 11Th Street East Palmdale Ca
อพาร์ทเมนต์ 2 ห้องนอนในเกาะโคเปนเฮเกน
Sivir Urf Runes
[Birthday Column] Celebrating Sarada's Birthday on 3/31! Looking Back on the Successor to the Uchiha Legacy Who Dreams of Becoming Hokage! | NARUTO OFFICIAL SITE (NARUTO & BORUTO)
Craigslist Free Stuff Santa Cruz
24 Hour Drive Thru Car Wash Near Me
Keurig Refillable Pods Walmart
Aaa Saugus Ma Appointment
Fsga Golf
Tu Pulga Online Utah
2013 Ford Fusion Serpentine Belt Diagram
Okc Body Rub
The best brunch spots in Berlin
TeamNet | Agilio Software
Weathervane Broken Monorail
Kitchen Exhaust Cleaning Companies Clearwater
Doctors of Optometry - Westchester Mall | Trusted Eye Doctors in White Plains, NY
Receptionist Position Near Me
Giantbodybuilder.com
Nurofen 400mg Tabletten (24 stuks) | De Online Drogist
Ryujinx Firmware 15
Perry Inhofe Mansion
Angel del Villar Net Worth | Wife
Honda Ruckus Fuse Box Diagram
Oxford Alabama Craigslist
Elizaveta Viktorovna Bout
Gifford Christmas Craft Show 2022
craigslist: modesto jobs, apartments, for sale, services, community, and events
1Exquisitetaste
Electric Toothbrush Feature Crossword
Guy Ritchie's The Covenant Showtimes Near Grand Theatres - Bismarck
VPN Free - Betternet Unlimited VPN Proxy - Chrome Web Store
Mathews Vertix Mod Chart
Dickdrainersx Jessica Marie
Rs3 Nature Spirit Quick Guide
Gli italiani buttano sempre più cibo, quasi 7 etti a settimana (a testa)
UWPD investigating sharing of 'sensitive' photos, video of Wisconsin volleyball team
DL381 Delta Air Lines Estado de vuelo Hoy y Historial 2024 | Trip.com
2000 Ford F-150 for sale - Scottsdale, AZ - craigslist
Hy-Vee, Inc. hiring Market Grille Express Assistant Department Manager in New Hope, MN | LinkedIn
Ihop Deliver
Latest Posts
Article information

Author: Domingo Moore

Last Updated:

Views: 6342

Rating: 4.2 / 5 (53 voted)

Reviews: 84% of readers found this page helpful

Author information

Name: Domingo Moore

Birthday: 1997-05-20

Address: 6485 Kohler Route, Antonioton, VT 77375-0299

Phone: +3213869077934

Job: Sales Analyst

Hobby: Kayaking, Roller skating, Cabaret, Rugby, Homebrewing, Creative writing, amateur radio

Introduction: My name is Domingo Moore, I am a attractive, gorgeous, funny, jolly, spotless, nice, fantastic person who loves writing and wants to share my knowledge and understanding with you.