WallStreetZenWallStreetZen

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 $4.50, down 3.64% from the previous day, and has decreased 51.09% in one year. It has overperformed other stocks in the Auto Manufacturers industry by 0.16 percentage points. Nio stock is currently +1.12% from its 52-week low of $4.45, and -72.19% from its 52-week high of $16.18.

There are currently 1.76B shares of NIO outstanding. The market cap of NIO is $7.93B. In the past 24 hours, 54.66M NIO shares were traded.

How to Buy Nio Stock

Wondering how to invest in Nio stock? Here's how.
  1. 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.
  2. Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
  3. Deposit money your investment account: Select your payment method and add your information.
  4. 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).
  5. 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.
  6. 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.

A brokerage account allows you to buy and sell a number of investments, including stocks, bonds, mutual funds, and ETFs.

Our recommended brokerage: eToro

We believe that eToro is the best online stock brokerage. eToro gives you:

  • Invest in stocks with zero commissions: Invest without paying trading commissions.
  • Buy fractional shares: Even if you don't have the money to buy a full share, you can still purchase the stock.
  • Access to global financial markets: From Tech to Energy, New York to Tokyo — you can fill your portfolio with stocks from the globe's top exchanges.
  • Social investing: eToro has a community of more than 20 million users worldwide. Talk to, learn from, and copy the crypto trades of top investors.
  • Security: eToro is a regulated and licensed fintech leader.
  • Buy other assets: Such as ETFs and cryptos.

Get $10 towards your share purchase by opening an account with eToro today.

Open eToro Account
eToro securities trading is offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. https://www.wallstreetzen.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD.

Step 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

  1. Click here to get started.
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
  2. Provide your personal details to open a new trading account.
  1. Submit your application by clicking the "Create Account" button.
  2. Get started with eToro today
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

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.

Get started with eToro today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

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

NIO Price
$4.50
1w %
-10%
1y %
-51.09%
5y %
-10.18%
P/E
-2.6x
P/B
2.23x
P/S
1.03x
PEG
N/A
Revenue
$7.72B
Earnings
-$2.94B
Fore. Rev. Growth
40.07%
Fore. Earn. Growth
N/A
Market Cap
$7.93B
Next Earnings
N/A
Next Dividend
N/A

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 undervalued based on its P/B ratio of 2.23x, relative to Auto Manufacturers industry P/B ratio of 2.31x

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 short-term liabilities on the NIO balance sheet.
  • There are more short-term assets than long-term liabilities on the NIO balance sheet.

Negative Financial Indicators:

  • NIO has a relatively high debt to equity ratio of 3.44.
  • Total NIO debt is higher than 5 years ago, relative to shareholder equity.
  • NIO profit margin has gone down from -29.6% to -38% 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

Xiaoyi Lei, an analyst from Jefferies maintains NIO with a hold rating and lowers their NIO price target from $8.30 to $5.90, on Mar 6, 2024.

Jiong Shao, a top 27% analyst from Barclays maintains NIO with a hold rating and lowers their NIO price target from $8.00 to $5.00, on Mar 6, 2024.

Nick Lai, a bottom 17% analyst from JP Morgan maintains NIO with a strong sell rating and lowers their NIO price target from $5.00 to $4.80, on Mar 6, 2024.

JP Morgan's Nick Lai lowered their price target on Nio (NYSE: NIO) by 4% from $5 to $4.8 on 2024/03/06. The analyst maintained their Strong Sell rating on the stock.

In an assessment of Nio's 2024/03/05-dated Q4 and FY 2023 earnings report, Lai noted that the company's quarterly performance was below expectations, further supporting their "cautious approach."

The analyst added that Nio failed to meet its quarterly vehicle margin goal while management's Q1 delivery forecast also fell short of market expectations.

Earnings Report

NIO reported:

For Q4 2023:

  • Loss per share of $0.45, which beat the Zacks Consensus Estimate of $(0.51) and, by 11.8%, Q4 2022’s $(0.51).
  • Revenue of $2.41B, which beat the Zacks Consensus Estimate of $2.29B and Q4 2022 by 3.4%.
  • 50,045 vehicle deliveries, up 25% Y/Y.

For FY 2023:

  • Loss per share of $1.75.
  • Revenue of$7.83B.
  • 160,038 vehicle deliveries, up 30.7% Y/Y.

For Q1 2024, management guided:

  • Revenue of $1.48B to $1.56B which, if achieved, would represent a decrease of 1.7% to an increase of 3.8% Y/Y.
  • 31,000 to 33,000 vehicle deliveries which would represent a decrease of 0.1% to an increase of 6.3% Y/Y.

Founder, Chairman, & CEO  William Bin Li commented: “In 2023, NIO set a new delivery record of 160,038 vehicles, ranking first in China’s premium BEV market with an average transaction price over RMB 300,000.

“At NIO Day 2023, we unveiled ET9, our smart electric executive flagship, showcasing a suite of our latest technologies, including our self-developed AD chip, full-domain 900V architecture, advanced intelligent chassis system, and various other industry-leading innovations.

“We will soon start deliveries of 2024 NIO products equipped with the highest computing power among production vehicles and constantly enhance users' driving and digital experience. 

“Meanwhile, we plan to release Navigate on Pilot Plus (NOP+) for urban roads to all NT2.0 users in Q2. 

“Our continuous investments in technologies, battery swapping network, and user community will bolster our competitive advantages as we navigate the future competition.

CFO Steven Wei Feng added, “Our vehicle margin continued to grow, reaching 11.9% in Q4 2023.

“In December 2023, we closed a $2.2B strategic equity investment from CYVN, demonstrating our unique positioning and competitiveness in the global smart EV industry.

“ Moving forward into 2024, we will prioritize our business objectives, improve system capabilities, and optimize cost management efficiency.”

Vijay Rakesh, a top 1% analyst from Mizuho maintains NIO with a strong buy rating and lowers their NIO price target from $18.00 to $15.00, on Dec 6, 2023.

You can dig deeper into what analysts are projecting on the Nio stock forecast page.

NIO Technicals

SMA10
5.02
SMA20
5.39
SMA50
5.69
SMA100
6.73
SMA200
8.44
MACD
-0.34
MACD Signal
-0.25
MACD Histogram
-0.09
RSI
28.14
Stochastic %K
5.08
Stochastic %D
5.59
StochRSI %K
0
StochRSI %D
0.59

How are NIO Revenues/Earnings doing?

Last year, NIO revenue was $7.72B. Over the last five year, NIO's revenue has grown by 61.39% per year. This was faster than the Auto Manufacturers industry average of 35.01%.

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:

Open eToro Account

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:

  1. Decide where to buy Nio stock
  2. Open your brokerage account
  3. Deposit money your investment account
  4. Research Nio stock
  5. Make your NIO purchase
  6. Watch your NIO investment

If you need a brokerage account, eToro is our favorite option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to get the latest scoop on your new investment in Nio, create a watchlist today.

NYSE: NIO
$4.50-0.17 (-3.64%)
Updated Mar 28, 2024
Open eToro Account
NYSE: NIO
$4.50-0.17 (-3.64%)
Updated Mar 28, 2024
Open eToro Account

FAQ

How much does it cost to buy one Nio share?

As of Mar 28, 2024, it costs $4.50 to buy one share of Nio stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $2, you can buy 0.444 shares of NIO.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Nio stock?

According to 8 Wall Street analysts who monitor Nio, their consensus recommendation is to buy Nio stock.

What is the best way to buy Nio stock?

One way to place an order for Nio stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.