Three Main Elements will bring Nio Stock Up

Despite the recent EV hype trend, Nio Inc. has not changed much in price action. Why? It's not because of news, performance, deliveries, etc. I believe it is because Nio is seen as more of a "boring" EV stock. The recent market has been more focused on risky startups that only have potential to drastically grow. Nio, on the other hand, has been established and gradually growing quarter over quarter. I believe the mentality of the current EV market is about to change in Nio's favor. Three main events will raise the price of Nio. First, the risky EV trend will fizzle out. Soon, investors are going to take money out of smaller and riskier EV companies, such as Rivian, Fisker, or Lucid, and move it into safer EV plays or other companies. Second, deliveries will continue to gradually increase every month and, due to the easing of the chip shortage, it will be even easier to increase them. Lastly, the upcoming Nio Day will bring more investors into the company and increase sentiment. All of these events will almost surely bring Nio stock up.

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Three Main Elements will bring Nio Stock Up

Dec 1, 2021

bullish

general Analysis

[1 min Read]

Despite the recent EV hype trend, Nio Inc. has not changed much in price action. Why? It's not because of news, performance, deliveries, etc. I believe it is because Nio is seen as more of a "boring" EV stock. The recent market has been more focused on risky startups that only have potential to drastically grow. Nio, on the other hand, has been established and gradually growing quarter over quarter. I believe the mentality of the current EV market is about to change in Nio's favor.

Three main events will raise the price of Nio.

First, the risky EV trend will fizzle out. Soon, investors are going to take money out of smaller and riskier EV companies, such as Rivian, Fisker, or Lucid, and move it into safer EV plays or other companies. Second, deliveries will continue to gradually increase every month and, due to the easing of the chip shortage, it will be even easier to increase them. Lastly, the upcoming Nio Day will bring more investors into the company and increase sentiment. All of these events will almost surely bring Nio stock up.

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NIO

NIO Inc.

21.72

-0.64
-2.86%

Return

-43.30%
Change % Since Posting
-16.59
Change Since Posting
38.31
Price When Posted

Metrics

48.00
Target Price
6/ 10
Confidence
1-2 Months
Timeframe
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Earnings Release
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News
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SEC
Filing
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Sentiment
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