What will NIO be worth in 2030?
According to the latest long-term forecast, NIO price will hit $50 by the middle of 2021 and then $70 by the end of 2022. NIO will rise to $100 within the year of 2023, $125 in 2024, $150 in 2025, $200 in 2027 and $250 in 2031….NIO stock price stood at $42.80.
| Year | 2030 |
|---|---|
| Mid-Year | $242.07 |
| Year-End | $247.63 |
| Tod/End,% | +479% |
What will XPeng stock be worth in 5 years?
According to their XPeng stock forecast 2025, the stock’s price will rise up to $222.58 in a 5-year period.
What will NIO be worth 2022?
So applying this to NIO stock, the market value at 8.73 times $8.81 billion (the average 2022 estimate) is a market value of $76.91 billion. Nio’s 2023 sales forecast is $12.83 billion. Using Tesla’s 6.89 multiple gives it a 2023 value of $88.4 billion. The bottom line is that Nio is worth on average $82.65 billion.
Is NIO a good investment 2021?
Chinese-owned NIO (NYSE: NIO) was one of the biggest winners on Wall Street in 2020, with shares up over 1,100% last year compared to the S&P 500’s 16%. However, NIO stock has not been so fortunate in 2021 so far. Over the last six months, shares have only gained 11%.
Is Tesla overvalued 2021?
Tesla’s stock is overvalued and worth only $150, according to Craig Irwin, senior research analyst at Roth Capital, who said the electric carmaker must do more to justify its share price of nearly $700. Tesla on Friday reported that it delivered 184,800 vehicles and produced 180,338 cars in the first quarter of 2021.
Will NIO be worth as much as Tesla?
The enterprise value of Tesla at $826 billion is currently more than 10 times its March 2020 trough. At the same time, the enterprise value of NIO at $85 billion presently is higher than what Tesla was valued at in the March 2020 trough.
Will NIO be bigger than Tesla?
Tesla now has a market cap of $650 billion on 2020 revenue of $31.5 billion. On a price to sales basis, Nio is selling for 26 times revenue, Tesla for 20.6 times revenue. It’s true that, because of its smaller size, Nio is growing faster than Tesla.