How to Buy Nio Stock
Nio Inc
NIO Limited designs, manufactures, and sells electric vehicles in the People's Republic of China, Hong Kong, the United States, the United Kingdom, and Germany.
Nio stock last closed at $8.93, down 1.54% from the previous day, and has decreased 57.9% in one year. It has underperformed other stocks in the Auto Manufacturers industry by 0.29 percentage points. Nio stock is currently +11.21% from its 52-week low of $8.03, and -63.45% from its 52-week high of $24.43.
There are currently 1.65B shares of NIO outstanding. The market cap of NIO is $14.71B. In the past 24 hours, 20.41M NIO shares were traded.
How to Buy Nio Stock
Wondering how to invest in Nio stock? Here's how.
- Decide where to buy Nio stock: You need to pick a stock brokerage, but don't worry - we've researched dozens of online brokerages and apps to help you determine where to buy Nio stock.
- Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Deposit money your investment account: Select your payment method and add your information.
- Research Nio stock: The Nio ticker symbol is NIO. Is Nio stock a good investment? Should you buy shares of NIO? How do NIO's underlying business fundamentals look? Do top analysts think Nio is a good buy? Why has NIO's stock price moved recently? (Hint: Our stock market research tools can help you evaluate if NIO is a good stock to buy).
- Make your NIO purchase: Decide if you will purchase NIO shares at the current market price or use a limit order to purchase NIO shares at a particular price.
- Watch your NIO investment: Create a watchlist to get the latest news on your position in Nio shares.
Step 1: Decide where to buy Nio stock
You need a brokerage account in order to access the NYSE market and buy NIO stock.
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Get $10 towards your share purchase by opening an account with eToro today.
Open eToro AccountStep 2: Open your brokerage account
Now that you've chosen the best brokerage, you need to fill out some personal info so you are able to buy NIO stock today.
How to Create a New Account on eToro
- Click here to get started.
- Provide your personal details to open a new trading account.
- Submit your application by clicking the "Create Account" button.
Step 3: Deposit money your investment account
Now that you've filled out your info on the best stock market app, you can securely and quickly fund your account:
Check out the walkthrough below for more details depositing funds into your new brokerage account.
Step 4: Research Nio stock
After you have chosen the best place to buy Nio stock, it's absolutely critical to analyze their stock before you buy, so you can comprehend the risk and upside.
Nio shares quick numbers
Fundamentals of Nio
WallStreetZen was designed to help part-time investors perform better fundamental analysis.
You can view all of the due diligence checks on NIO's stock page.
How is NIO stock valued?
Analysts use many financial metrics, analyses, models, and charts to gauge NIO's true value.
Using relative valuations methods:
- NIO could be overvalued based on its P/B ratio of 4.25x, relative to Auto Manufacturers industry P/B ratio of 2.02x
You can access more valuation analysis on NIO's stock here.
A quick look at NIO Financials
Positive Financial Indicators:
- There are more short-term assets than long-term liabilities on the NIO balance sheet.
- Total NIO debt is lower than 5 years ago, relative to shareholder equity.
- There are more short-term assets than short-term liabilities on the NIO balance sheet.
Negative Financial Indicators:
- NIO has a relatively high debt to equity ratio of 2.88.
- NIO profit margin has gone down from -29.3% to -29.6% in the past year.
Do Wall Street analysts think it's a good time to buy NIO stock
Out of 8 Wall Street analysts who give forecasts on NIO, the consensus analyst rating on NIO is a Buy
Please note that analyst forecasts are not stock recommendations, nor are they investment advice.
Latest NIO Analyst Forecasts
Jiong Shao, a top 22% analyst from Barclays downgrades NIO to a hold rating and lowers their NIO price target from $18.00 to $10.00, on Mar 2, 2023.
Vijay Rakesh, a top 3% analyst from Mizuho maintains NIO with a strong buy rating and lowers their NIO price target from $28.00 to $25.00, on Mar 2, 2023.
Nick Lai, a bottom 28% analyst from JP Morgan downgrades NIO to a hold rating and lowers their NIO price target from $14.00 to $10.00, on Mar 2, 2023.
Downgrading the stock from Strong Buy to Hold, Lai lowered his price target on NIO Inc. by 28.6% following the release of the company's Q4 and FY 2022 earnings report on 2023/03/01.
Q4 missed on an "unexpected vehicle margin contraction and higher than expected spending," the analyst summarized.
Lai told investors that he is "concerned that NIO's Q1 margin could trend down further while the magnitude of improvement from Q2 will be shy of Street expectations," considering the "challenging competitive environment."
NIO's 2023 delivery guidance was below management's "ambitious target," the analyst added.
The stock will likely trade sideways in the near term, Lai cautioned.
NIO reported:
For Q4 2022:
- Loss per share of RMB 3.55 which missed, by 161%, Q4 2021's RMB (1.36).
- Loss per ADS of RMB 3.07 which was missed, by 186.9% RMB (1.07).
- Revenue of RMB 16.1B which beat, by 62.2%, Q4 2021's RMB 9.9B.
- Vehicle revenue of RMB 14.8B which beat, by 60.2%, Q4 2021's RMB 9.2B
For FY 2022:
- Loss per share of RMB 7.31 which missed, by 287.3%, FY 2021's RMB (1.89)
- Revenue of RMB 49.3B which beat, by 36.3%, FY 2021's RMB 36.1B.
- Vehicle revenue of RMB 45.5B which beat, by 37.2%, FY 2021's RMB 33.2B.
For Q1 2023, management guided:
- Revenue of RMB 10.93B to RMB 11.54B which, if achieved, would represent an increase of 10.2% to 16.5% Y/Y.
- 31,000 to 33,000 deliveries which, if achieved, would represent an increase of 20.3% to 28.1% Y/Y.
Founder, Chairman & CEO William Bin Li commented: "In 2022, we made positive strides in the research and development of core technologies and competitive products, infrastructure deployment, and global market expansion, laying a solid foundation for the Company's long-term growth.
"In 2023, we plan to deliver five new products based on NIO Technology Platform 2.0, deploy 1,000 additional Power Swap stations to further improve holistic user experience, and continuously strengthen our competitive advantages in key areas of smart electric vehicles."
CFO Steven Wei Feng commented: "In 2023, we will focus on improving our execution efficiency, and work in an agile and efficient mode to embrace the competition in the global electric vehicle market in the long run."
Yiming Wang, a bottom 23% analyst from China Renaissance maintains NIO with a hold rating and lowers their NIO price target from $12.30 to $10.40, on Dec 29, 2022.
Johnson Wan, a bottom 25% analyst from Jefferies assumes NIO with a hold rating and lowers their NIO price target from $42.30 to $11.26, on Nov 28, 2022.
You can dig deeper into what analysts are projecting on the Nio stock forecast page.
NIO Technicals
How are NIO Revenues/Earnings doing?
Last year, NIO revenue was $7.15B. Over the last four year, NIO's revenue has grown by 77.23% per year. This was slower than the Auto Manufacturers industry average of 81.45%.
Dig into NIO's earnings and revenue performance here.
Who is buying/selling NIO?
Over the past year, executives and large shareholders at NIO have not bought or sold any shares.
Get more info about who owns NIO shares here.
Does NIO provide a stable income stream?
No, Nio doesn't provide an income stream by paying out dividends.
Get analysis from other traders
One of the major reasons eToro is our favorite brokerage is because of its social trading community.
Click below to see what other community members have to say.
Step 5: Make your NIO purchase
There are two primary types of orders:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are usually the best for newer investors. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at a given dollar amount, use a limit order.
Click the Open Trade button and your broker will place the order.
If you want more help investing in stocks on eToro, click the how to video below:
Step 6: Watch your NIO investment
Now that you own some shares in NIO, you'll want to stay up-to-date on your new company.
Add NIO to a watchlist to track the latest developments regarding your NIO stock.
NIO Feed
How to Buy Stock in Nio
To summarize, here are the 6 steps to buy stock in Nio:
- Decide where to buy Nio stock
- Open your brokerage account
- Deposit money your investment account
- Research Nio stock
- Make your NIO purchase
- Watch your NIO investment
If you need a brokerage account, eToro is our favorite option.
Get Started with eToro TodayIf you want to get the latest scoop on your new investment in Nio, create a watchlist today.
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