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Is this EV Stock going Bankrupt: NIO, Tesla, BYD
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Is this EV Stock going Bankrupt: NIO, Tesla, BYD
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NIO Inc. currently has an average brokerage recommendation (ABR) of 1.45, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by 10 brokerage firms. An ABR of 1.45 approximates between Strong Buy and Buy.10 hours ago
They forecast Nio will sharply losses to 45 cents in 2023 as revenue grows 87%, amid the launch of new models and expansion in global markets. In 2021, Nio more than doubled EV sales, despite pandemic-related supply challenges. Out of 37 analysts covering Nio stock, 34 rate it a buy and three have a hold.Nov 11, 2022
Will NIO ever be profitable?
Consensus from 28 of the American Auto analysts is that NIO is on the verge of breakeven. They anticipate the company to incur a final loss in 2023, before generating positive profits of CN¥226m in 2024. The company is therefore projected to breakeven around 2 years from now.Nov 10, 2022
Is NIO a risky buy?
Nio still has big long-term growth potential, but investors should weigh their personal risk tolerance and outlook on China's EV market before investing in the stock. For risk-averse investors, Nio probably isn't a great portfolio fit even after recent sell-offs.Sep 11, 2022
Is Tesla a sell buy or hold?
Tesla has received a consensus rating of Hold. The company's average rating score is 2.37, and is based on 18 buy ratings, 12 hold ratings, and 5 sell ratings.
DISCLAIMER: I am not a financial advisor. These videos are for educational purposes only. Investing of any kind involves risk. Your investments are solely your responsibility and we do not provide personalized investment advice. It is crucial that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments. Please consult your financial or tax professional prior to making an investment.
#teslastock #niostock #evstockstobuy #moomootrading
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NIO Inc. currently has an average brokerage recommendation (ABR) of 1.45, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by 10 brokerage firms. An ABR of 1.45 approximates between Strong Buy and Buy.10 hours ago
They forecast Nio will sharply losses to 45 cents in 2023 as revenue grows 87%, amid the launch of new models and expansion in global markets. In 2021, Nio more than doubled EV sales, despite pandemic-related supply challenges. Out of 37 analysts covering Nio stock, 34 rate it a buy and three have a hold.Nov 11, 2022
Will NIO ever be profitable?
Consensus from 28 of the American Auto analysts is that NIO is on the verge of breakeven. They anticipate the company to incur a final loss in 2023, before generating positive profits of CN¥226m in 2024. The company is therefore projected to breakeven around 2 years from now.Nov 10, 2022
Is NIO a risky buy?
Nio still has big long-term growth potential, but investors should weigh their personal risk tolerance and outlook on China's EV market before investing in the stock. For risk-averse investors, Nio probably isn't a great portfolio fit even after recent sell-offs.Sep 11, 2022
Is Tesla a sell buy or hold?
Tesla has received a consensus rating of Hold. The company's average rating score is 2.37, and is based on 18 buy ratings, 12 hold ratings, and 5 sell ratings.
DISCLAIMER: I am not a financial advisor. These videos are for educational purposes only. Investing of any kind involves risk. Your investments are solely your responsibility and we do not provide personalized investment advice. It is crucial that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments. Please consult your financial or tax professional prior to making an investment.
#teslastock #niostock #evstockstobuy #moomootrading
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