Nio (NIO, $20.51) gets ratings boost, price target hike from UBS analyst
Nio got a rating upgrade from UBS analyst Paul Gong.
Gong raised his rating on the electric-car maker to neutral from sell. The analyst also hiked his share-price target to $16.30 from $1.
Gong cited the global demand for electric vehicles and Nio’s performance behind his optimism. Operational improvements in 2020 around sales volume was “well ahead of our previous expectations,” he wrote.
However, Gong did express concerns over what he perceives is Nio’s “elevated” valuation. “Limited visibility on growth, execution and competition mean a wide range of outcomes are still possible,” Gong noted.
Tickeron's analysis shows :
NIO's Aroon indicator reaches into Uptrend on August 20, 2020
For traders, this could mean going long on the ticker or exploring call options in the next month. In 88 of 96 cases where NIO Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 90%.
Current price $20.52 is above $13.22 the highest resistance line found by A.I. Throughout the month of 07/24/20 - 08/25/20, the price experienced a +51% Uptrend. During the week of 08/18/20 - 08/25/20, the stock enjoyed a +25% Uptrend growth.
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator exceeded the 0 level on August 21, 2020. Traders may consider buying the ticker or exploring call options. In 23 of 28 cases where the ticker's Momentum Indicator exceeded 0, its price rose further within the subsequent month. The odds of a continued Uptrend are 82%.
The Moving Average Convergence Divergence (MACD) just turned positive. Considering data from situations where NIO's MACD histogram became positive, in 12 of 14 cases, the price rose further within the following month. The odds of a continued Uptrend are 86%.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where NIO advanced for three days, in 103 of 116 cases, the price rose further within the following month. The odds of a continued Uptrend are 89%.
Bearish Trend Analysis
The RSI Indicator demonstrated that the ticker has entered the overbought zone. Expect a price pull-back in the near future.
The Stochastic Indicator entered the overbought zone. Expect a price pull-back in the foreseeable future.
The higher Bollinger Band was broken -- a price fall is expected as the ticker heads toward the middle band, which invites the trader to consider selling or shorting the ticker, or exploring put options. In 14 of 16 cases where NIO's price broke its higher Bollinger Band, its price dropped further during the following month. The odds of a continued Downtrend are 88%.
Fundamental Analysis (Ratings)
Tickeron has a positive outlook on this ticker and predicts a further increase by more than 4.00% within the next month with a likelihood of 82%. During the last month, the daily ratio of advancing to declining volumes was 2.88 to 1.
The Tickeron Valuation Rating of 10 (best 1 - 100 worst) indicates that the company is seriously undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: NIO's P/B Ratio (-25.80) is very low in comparison to the industry average of (5.80). P/E Ratio (0.00) is within average values for comparable stocks, (197.95). NIO's Projected Growth (PEG Ratio) (0.00) is slightly lower than the industry average of (1.40). Dividend Yield (0.00) settles around the average of (1.88) among similar stocks. P/S Ratio (5.87) is also within normal values, averaging (35635.43).
The Tickeron Price Growth Rating for this company is 34 (best 1 - 100 worst), indicating steady price growth. NIO’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron PE Growth Rating for this company is 100 (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron SMR rating for this company is 100 (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Profit vs. Risk Rating rating for this company is 100 (best 1 - 100 worst), indicating that the returns do not compensate for the risks. NIO’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 92, placing this stock worse than average.
NIO in +4.69% Uptrend, advancing for three consecutive days on December 26, 2024
Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where NIO advanced for three days, in of 284 cases, the price rose further within the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Stochastic Oscillator is in the oversold zone. Keep an eye out for a move up in the foreseeable future.
The Moving Average Convergence Divergence (MACD) for NIO just turned positive on December 20, 2024. Looking at past instances where NIO's MACD turned positive, the stock continued to rise in of 42 cases over the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on December 27, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on NIO as a result. In of 79 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The 50-day moving average for NIO moved below the 200-day moving average on December 26, 2024. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where NIO declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
NIO broke above its upper Bollinger Band on December 09, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
The Aroon Indicator for NIO entered a downward trend on December 09, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (2.689) is normal, around the industry mean (6.142). P/E Ratio (0.000) is within average values for comparable stocks, (18.218). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (5.723). NIO has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.042). P/S Ratio (1.009) is also within normal values, averaging (78.580).
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating slightly worse than average price growth. NIO’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. NIO’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 88, placing this stock worse than average.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
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General Information
a manufacturer of electric cars
Industry MotorVehicles