Professional
Added to YB: 2024-06-14
Pitch date: 2024-06-12
NIO [bullish]
NIO Inc.
+12.53%
current return
Author Info
No bio for this author
Company Info
NIO Inc. designs, develops, manufactures, and sells smart electric vehicles in China, Europe, and internationally.
Market Cap
$95.6B
Pitch Price
$4.47
Price Target
7.70 (+53%)
Dividend
N/A
EV/EBITDA
-9.55
P/E
-3.73
EV/Sales
1.48
Sector
Automobiles
Category
growth
NIO Inc.: Tariffs of Up to 25% on Chinese EV Manufacturers Won’t Change Our Growth Outlook
NIO: Despite near-term pressure from EU tariffs of up to 25% on Chinese EVs, we maintain our growth outlook. Nio's premium brand, battery swap tech, and BaaS give it an edge. Expanding capacity and new mass-market brand to drive sales to 256K units by 2025. No moat yet due to competition, but upside from NEV adoption, economies of scale, and sound mgmt. FVE $7.70. Key risks: competition, capital needs, R&D.
Read full article (8 min)