Here's the Truth About Nio Stock: Nio Earnings, Prediction, and Analysis
(NYSE: NIO) was once a favorite among growth stock investors, but the company's recent earnings miss and a deceleration in Q2 deliveries have annihilated its stock to under $11 a share. In 2021, Nio traded at a jaw-dropping $61.95 per share. With the stock down over 80%, is this an opportunity for investors? Please watch the below video for my Nio stock analysis, earnings update, price predictions, and commentary.
*Stock prices used were the morning prices of Aug. 29, 2023. The video was published on Aug. 29, 2023.
Source Fool.com
NIO Inc. Stock
The community is currently still undecided about NIO Inc. with 1 Buy predictions and 0 Sell predictions.
With a target price of 5 € there is a slightly positive potential of 1.3% for NIO Inc. compared to the current price of 4.94 €.