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How high can NIO Stock go? WAIT before buying? | NIO stock analysis today


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Last time I covered NIO stock (Aug 30th), it was $20 per share. Now it’s $40... Is NIO stock still worth buying? Can it go higher? Is there more upside?

0:00 Woahh NIO $40...

0:58 Bear Points ❌

2:20 Valuation 😬

3:47 Bull Points ✅

5:50 China EV Market ✅

6:12 Conclusion🔥

Another obvious but important point to mention, is the growing chinese car market and China’s support of the E V movement by giving out incentives such as purchase subsidies. E V and hybrid auto sales in China more than doubled last month. It is expected that the Chinese E V market will grow at a CAGR of 25% over the next five years.

Nio is a promising company, but not necessarily a promising investment. On YouTube you’ll hear two camps of people preaching how sky's the limit and they’ll point to Tesla as proof. Tesla is definitely a good indication of what could happen with Nio stock. Nio has never turned a profit, which is not inherently bad. Also, marketing costs are rising alongside R&D, and price pressure is getting worse. I invest in many unprofitable growth companies, but just look at the stock price. We are almost near all time highs. If I had money in Nio, I would be cautious to say the least. And if I were to invest in Nio, I would wait for a pullback. But that’s just me personally. I’m just a dude on You Tube. So hey, don’t sue me bro. The worst seems to be behind this company, when they actually were facing odds of bankruptcy last year. Now, things are looking good, investor sentiment and optimism is high, perhaps too high, so I’d be cautious, but they are going in the right direction, they have government backing and metrics are looking good. A major challenge to monitor for Nio will be their evolution in comparison to tesla, balancing quality versus scale production and win market share.

Do you own any Nio stock? Don’t hesitate to ask any questions below, or to message me directly on instagram. Please take a second to drop a like and subscribe. Thanks for watching guys.

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Pause FinanceBy ElBlanco