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 $4.05, down 4.48% from the previous day, and has decreased 14.19% in one year. It has overperformed other stocks in the Auto Manufacturers industry by 0.86 percentage points. Nio stock is currently +34.11% from its 52-week low of $3.02, and -47.47% from its 52-week high of $7.71.
There are currently 2.1B NIO shares outstanding. The market cap of NIO is $8.51B. In the last 24 hours, 31.28M 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 choose an online brokerage, but don't worry - we've tested dozens of stock brokerages and apps to help you decide where to buy Nio stock.
- Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Deposit money your investment account: Select your payment method and add your info.
- 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 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 buy NIO shares at a particular price.
- Watch your NIO investment: Create a watchlist to key updates about your new investment in Nio stock.
Step 1: Decide where to buy Nio stock
You will need a brokerage account in order to access the NYSE market and buy NIO stock.
Our favorite brokerage: eToro
Based on our analysis, eToro is the best brokerage. eToro gives you:
- You can invest in stocks with zero commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still buy the stock.
- Access to world financial markets: From Tech to Real Estate, New York to London (for US users, only US stocks are available) — you can fill your portfolio with stocks from the world's leading stock exchanges.
- Social investing: eToro boasts a community of more than 20 million users worldwide. Talk to, learn from, and copy the unique crypto portfolios of top investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other financial assets: Such as ETFs and cryptocurrencies.
Get $10 towards your stock purchase by opening an account with eToro now. This offer is only for US users.
Open eToro AccountStep 2: Open your brokerage account
Now that you've picked the best brokerage, you need to fill out some personal details so you are able to buy NIO today.
How to Start a New Brokerage Account on eToro
- 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.
- Enter your personal data to start a new brokerage account.
- Submit your data by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit money your investment account
Now that you have opened your account on app for stock market, your next step is to transfer the money for your investment:
Watch the walkthrough below for more details transferring funds into your brokerage account.
Step 4: Research Nio stock
After you have chosen the best place to buy Nio stock, it's critical to research their stock prior to buying, so you can understand the risk and upside.
Nio shares quick numbers
NIO Due Diligence Checks
WallStreetZen was created to help part-time investors perform more accurate fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on NIO's stock page.
Is NIO stock undervalued?
Investors use many financial metrics, analyses, models, and charts to gauge NIO's intrinsic value.
Using relative valuations ratios:
- NIO may be overvalued based on its P/B ratio of 10.36x, relative to Auto Manufacturers industry P/B ratio of 2.52x
You can access additional valuation research on NIO's stock here.
NIO Financial Summary
Positive Financial Indicators:
- Total NIO debt is lower than 5 years ago, relative to shareholder equity.
- There are more short-term assets than long-term liabilities on the NIO balance sheet.
- NIO has cash burn of 2308531955. It has sufficient cash and short-term investments to cover this for at least one year.
Negative Financial Indicators:
- NIO profit margin has gone up by 0.04 percentage points in the past year, but the company is still unprofitable.
- NIO has $5.76B in cash and short term investments. This is not sufficient to cover its annual cash burn of $2.31B.
- There are more short-term liabilities than short-term assets on the NIO balance sheet.
- NIO has a relatively high debt to equity ratio of 15.77.
Is it a good time to buy NIO stock, according to Wall Street analysts?
Out of 5 sell side analysts who track NIO, the consensus analyst rating on NIO is a Hold
Please note that analyst forecasts are not stock recommendations, nor are they investment advice.
You can dig deeper into what analysts are projecting on the Nio stock forecast page.
Metrics for Advanced NIO Traders
NIO Revenue
Last year, NIO revenue was $9.05B. During the past 5 year, NIO's revenue has grown by 51.78% per year. This was faster than the Auto Manufacturers industry average of 31.48%.
You can research NIO's earnings and revenue performance here.
Are NIO executives and large shareholders buying or selling the stock?
Over the last 12 months, insiders at NIO have not bought or sold any shares.
Research more about who owns NIO shares here.
Can I get consistent income from NIO stock?
No, Nio doesn't provide an income stream by paying out dividends.
Get opinions from other traders
One of the reasons eToro is our favorite brokerage is because of its social trading community.
Click below to find out what other community members have to say.
Step 5: Make your NIO purchase
There are two main options:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are generally fine. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at an exact dollar amount, use a limit order.
Hit the Open button and eToro will place your order.
If you need additional help buying 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 keep up with your investment.
Add NIO to a watchlist to get the latest updates about your NIO stock.
NIO Feed
How to Buy Stock in Nio
To reiterate, here are the 6 steps you need to take to buy Nio stock right now:
- 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 venue.
Get Started with eToro TodayIf you want to get the latest scoop on your investment in Nio, create a watchlist today.
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