This summary was created by AI, based on 3 opinions in the last 12 months.
The experts have a mixed opinion on NIO Limited. While one expert sees value and potential for growth, another is cautious about Chinese stocks in general and suggests taking profits due to potential risks. However, all experts agree that the future performance of NIO is closely tied to China's economic stimulus. Overall, the reviews indicate a level of uncertainty and caution surrounding this stock.
He's cautious on Chinese stocks in general, underperforming. Structural issues over there. Bit of a bounce, in line with the shift to risk-on. Take profits. At risk. Chart doesn't look great, potential for retracement.
If China re-stimulates its economy, Nio shares will pop, but that's when you sell it.
NIO Limited is a American stock, trading under the symbol NIO-N on the New York Stock Exchange (NIO). It is usually referred to as NYSE:NIO or NIO-N
In the last year, 3 stock analysts published opinions about NIO-N. 1 analyst recommended to BUY the stock. 2 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for NIO Limited.
NIO Limited was recommended as a Top Pick by on . Read the latest stock experts ratings for NIO Limited.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
3 stock analysts on Stockchase covered NIO Limited In the last year. It is a trending stock that is worth watching.
On 2024-04-26, NIO Limited (NIO-N) stock closed at a price of $4.49.
Smaller niche player, more skewed to the luxury SUV side. 12-month price target is $9.85. There's value here. His favourite is TSLA. See his Top Picks.