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This Huge Catalyst is Pushing NIO Stock Up! (Buy NIO Stock Now or Wait?) - NIO Stock Analysis

NIO stock recently released their deliveries for Q1 of 2021 and their March delivery numbers and it is pretty shocking when compared to estimates that NIO previously provided us with. In this video, I go over a stock update for NIO and run through an updated NIO analysis and some information addressing how these delivery numbers are affecting NIO and how their share price could be affected going forward.
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For those who haven't been keeping up with NIO recently, here is a little background. NIO recently received a price forecast upgrade from a JP Morgan analyst among other analysts who gave NIO a new price target which is great news and a very bullish sign for NIO.

Some other news regarding NIO, if you missed some of my older videos, NIO ended up selling 88.5 million shares in August and they originally only planned to sell 75 million shares, and they sold these shares for $17 per share, while the price was at $18.50 at market close on that previous Friday. NIO stock also has a lot of potentials, and they are currently competing with Tesla over in China, which is pretty huge because not many companies can compete with Tesla. NIO also recently released their battery-as-a-service which has been a bullish catalyst for NIO.

This battery service will allow NIO customers to lease the battery rather than buy an entire ES6, EC6, or ES8, greatly reducing the price of owning an electric vehicle. This could also cause people to question "Is NIO the next Tesla?" NIO also has a potential deal with Intel to create robotaxis by 2022, which could be huge for NIO and NIO's share price. Stick around because you don't want to miss this one. Also, if you're reading this, leave a comment about what your favorite EV stock is, I'd love to hear it!

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I am not a financial advisor nor do I claim to be. The ideas and opinions presented in this video are personal opinions and for entertainment purposes only.

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#NIOstock #NIO #NIOanalysis #NIOupdate #NIOstockupdate

Видео This Huge Catalyst is Pushing NIO Stock Up! (Buy NIO Stock Now or Wait?) - NIO Stock Analysis канала Money in Motion
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Информация о видео
2 апреля 2021 г. 1:30:39
00:10:30
Яндекс.Метрика