Unlike Barchart Opinions (which calculate the Buy/Sell rating using a variety of short-medium and long-term technical indicators), the Analyst Ratings are more of a short-term indicator that gives you a feel for how outside industry experts are weighing in on a stock. The table shows the mean historical analyst recommendation for the current period, along with the previous 1, 2, and 3 periods. This amounts to the highest monthly volume since June 2019, which was the cut-off month for government subsidies.Additionally, Yu believes the fact customers have been waiting several months for deliveries due to excess orders, has caused growing excitement among buyers, whilst the meteoric rise of the homemade brand has resulted in “patriotic buying.” Add a surge in call option volume into the mix and it all results in a “stock on fire.”Still, Yu also points out how sentiment might change. In the long term, Nio hopes to boost the figure up to 300,000 a year.Furthermore, the China market is “inflecting faster” than the analyst anticipated, as evidenced by September’s strong sales; Passenger BEV sales were up 70% year-over-year to 100,000 units. Few, though, have generated as much upside as Nio Limited (NIO). Analyst Ratings are available for US and Canadian equities. (See Nio stock analysis on TipRanks)To find good ideas for stocks trading at attractive valuations, visit TipRanks’ Best Stocks to Buy, a newly launched tool that unites all of TipRanks’ equity insights.Disclaimer: The opinions expressed in this article are solely those of the featured analyst. These recommendations are updated each day and are assigned a rating on a scale of 1 to 5: The information presented on the graph represents the number of industry analysts that currently rank the stock on the 1 to 5 scale. Catching a ride on the EV trend, since March lows, shares of the Chinese EV maker are up by an incredible 1070%.While Deutsche Bank analyst Edison Yu points out there hasn’t been a specific catalyst to send shares higher, the analyst counts several developments that have helped keep up momentum.First of all, in a recent interview, CEO William Li said that he expects Nio will be able to manufacture 150,000 vehicles annually by the end of next year, compared to the 60,000 it can currently produce. Daily Spotlight: Housing Prices Tick Higher, Recovery Continues in the Shadow of COVID-19, Tesla Begins Exporting China-Made Model 3s To Europe, Tesla Will Export Model 3 to Europe From Shanghai Factory, Discover new investment ideas by accessing unbiased, in-depth investment research, NYSE - NYSE Delayed Price. To calculate the Mean Recommendation, the number of recommendations for a given rating is multiplied by its factor (1 thru 5, as shown below), the totals are summed, and the average is then calculated by dividing the sum by the total number of recommendations received for the period. Right-click on the chart to open the Interactive Chart menu. 28.14 +0.51 (1.85%)Before hours: 6:10AM EDT, Subscribe to Premium to view Fair Value for NIO. The biggest power players on Wall Street have already seen it coming – and quietly changed their outlook for 2021. Analyst Ratings typically are tied into analysis of Earnings Estimates and Earnings Estimates Revisions. NIO Inc (NYSE:NIO) Add to Watch List. Currency in USD, Trade prices are not sourced from all markets, Wall Street Quietly Predicts Massive Market Event. It is the EV maker giant that Nio needs to keep an eye on.“We do see some risk that Tesla could materially cut the price of its locally made (MIC) Model Y from 488k RMB ($73k) to something in the mid-high 300k range ($56-58k). As of this writing, Alex Sirois did not hold a position in any of the aforementioned securities. Futures and Forex: 10 or 15 minute delay, CT. © 2020 Barchart.com, Inc. All Rights Reserved. The chart at the top shows a one-year chart for the symbol, with Earnings highlighted. These recommendations are updated each day and are assigned a rating on a scale of 1 to 5: 1 = Strong Buy; 2 = Buy; 3 = Hold; 4 = Sell; 5 = Strong Sell; The information presented on the graph represents the number of industry analysts that currently rank the stock … However, the analysts think the surge needs to pause for a breather, as the $21.72 average price target implies shares will drop by 22% over the coming months. Stocks: 15 20 minute delay (Cboe BZX is real-time), ET. Tesla will start shipping made-in-China Model 3 sedans to Europe, a shift from prior plans as electric car rivalries intensify on the continent. This graph is intended to provide a snapshot of the short-term trend in analyst sentiment. Volume reflects consolidated markets. It is very important to do your own analysis before making any investment. (To watch Yu’s track record, click here)Overall, based on 7 Buys, 2 Holds and 1 Sell, the stock has a Moderate Buy consensus rating. Find the latest NIO Inc. (NIO) stock quote, history, news and other vital information to help you with your stock trading and investing. Many tech companies have posted massive share gains since the COVID-inflicted March slump. We are continuously working to improve our web experience, and encourage users to. Find real-time NIO - NIO Inc stock quotes, ... Do Not Sell. Nio’s stock trades below $5, making it a very cheap pick up with a ton of upside. Above the chart, you will find the 12-Month High, Mean, and Low Target Prices from analysts who provided ratings. The greater the number of analysts giving a specific recommendation, the higher weight you may want to use when applying these ratings to your own analysis. Barchart provides Analyst Ratings to give you another tool to gauge the possible future performance of a stock. Nio Stock Is Breaking Out – Here’s How the Chart Looks Now ... Buy Ratings: 3 Neutral Ratings: 5 Sell Ratings: 2. Yu intends to revisit his valuation "after the company reports quarterly numbers." Barchart is committed to ensuring digital accessibility for individuals with disabilities. This could potentially hurt near-term sentiment and slow down NIO’s order book momentum considering it would be a direct competitor to NIO’s EC6 and ES6,” the analyst said.Overall, Yu maintains a Buy rating on Nio shares. All rights reserved. Set Alert. This will affect your money. The Ratings Breakdown table uses Zacks' brokerage recommendations. The Ratings Breakdown table uses Zacks' brokerage recommendations. © 2020 Verizon Media. The content is intended to be used for informational purposes only.

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