NIO stock forecast and price prediction

NIO stock price: $38.90 5.33% At close on Apr 21st, 2021

Updated on:
Apr 22nd, 2021


NIO forecast brief

  • Counting on Wednesday, it's been 4 consecutive sessions in green for NIO. Price closed on Wednesday at $38.90 after exploding a 5.33%.
  • NIO Inc. designs, develops, manufactures, and sells smart electric vehicles in Mainland China, Hong Kong, the United States, the United Kingdom, and Germany.

NIO stock price forecast

Nobody can predict how much a stock will be priced tomorrow. However, many stock price predictions are issued every day by banks, financial institutions and independent analysts.

The following table shows the price forecasts posted by brokerage institutions in the last month. If you are a small trader you should not buy or sell based on these projections.

We don't have any target price published in the previous 30 days for NIO.

Analysts recommendations

We don't have any rating posted in the last 30 days for NIO

Earnings and financials

In early March, NIO Limited ($NIO) reported adjusted EPS for that grossly lowered Market expectations. Quarterly EPS was $-0.14 per share compared to the forecasted $-0.07. This Q4 report represents an earnings surprise of -100.00%. On the contrary, reported sales were $1.0 billion, consistent with the market estimates.

For comparison, the EPS for the same quarter last year was $-2.73, so posted EPS means a improvement of 94.87%. Revenue exploded a 133.16% on an annualized basis in the , from $28.5B to $66.4B last quarter.

NIO ($NIO) is hosting the earnings call late next May. Market expects of $-0.15, compared to previous quarter that was $-0.14.

NIO stock: buy or sell?

Is NIO good stock to buy now?

NIO had no ratings in the last 4 weeks Read the article to get additional tips on trading NIO stock.

Currently, NIO stock doesn't match any of these trading strategies, so our recommendation is not to buy now. This doesn't mean $NIO will slide in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems

Is it time to sell NIO stock?

Currently, NIO stock doesn't match any of our preferred sell setups, so if you hold NIO stock and your operation is in profit probably is not time to sell now

NIO stock technical predictions

SMAs overview

NIO stock SMAs chart

Supports and resistances

The current resistance levels are:

  • R1: $42.06 (8.12% above)
  • R2: $46.29 (19.00% above)
  • R3: $54.37 (39.77% above)
  • The current supports are:

  • S1: $38.43 (-1.21% below)
  • S2: $34.06 (-12.44% below)
  • S3: $34.00 (-12.60% below)
  • Bollinger bands

    NIO stock Bollinger Bands chart

    Relative strength index

    The RSI broke out the oversold level of 30 in early March after just being in the oversold zone for 1 day (what can be considered a strength signal). The RSI reading on Wednesday was 48.33. NIO stock skyrocketed a 10.48% since that level was surpassed

    NIO stock RSI chart

    NIO stock price history

    NIO IPO was on Sep 12th, 2018 priced at $6.00 per share1. Since then, NIO stock surged by 548.33%, with an average of 274.17% per year. An investment of thousand dollars at that time would be valued $6,483.33 today.

    1: Adjusted price after possible price splits or reverse-splits

    NIO stock price history chart

    Important note:
    The thoughts contained in this post are personal and not recommendations for you to buy or sell stocks. The author of this document does not have an understanding of the individual situations of the reader, his or her finances or his or her own best interests at any given time. All users should speak with their financial advisor before buying or selling any securities Viewpoints are expressed for educative reasons only

    NIO summary

    Wednesday, April 21st, 2021
    Day range$36.16 - $38.96
    Previous close$36.93
    Session gain5.33%
    Average true range$2.46
    50d mov avg$43.93
    100d mov avg$48.10
    200d mov avg$35.34
    Earnings dateMay 27th, 2021

    Frequently asked questions

    What is NIO stock symbol?

    NIO Limited is a public company trading in the US stock market with the NIO symbol

    Will NIO go up?

    There were no price targets published by analysts in the last 4 weeks for NIO.