NIO Inc. [NYSE: NIO] jumped around 0.1 points on Friday, while shares priced at $22.60 at the close of the session, up 0.44%. The company report on July 7, 2022 that CEO’s of RBLX, NEXCF, NIO, AIMLF Advancing Next Wave of Multi-Billion Dollar Growth Opportunities in Web 3.0, Electric Vehicles, AI, and HealthTech Wearables.
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Wall Street Reporter, the trusted name in financial news since 1843, has published reports on the latest comments and insights from CEO’s of: NIO, Inc. (NYSE: NIO), NexTech AR Solutions (OTC: NEXCF) (CSE: NTAR), Roblox Corporation (NYSE: RBLX), and AI/ML Innovations (OTC: AIMLF) (CSE: AIML). Today’s emerging technologies and lifestyle megatrends are creating billion dollar opportunities for disruptive innovation in how we live, work and play. Wall Street Reporter highlights the latest comments from industry thought leaders shaping our world today, and in the decades ahead:.
Roblox Corporation (NYSE: RBLX) CEO David Baszucki: ”Immersive Advertising is Enormous Opportunity”“..We’ve historically started with younger players. And now we see growth in two areas: One is the existing Roblox player base is growing up with us. So that is a retention opportunity to bring them with us. But we also bring other people in. Squid games, the concerts, both examples of events that we believe most likely reached some new audience. In the case of Squid Games looking for — and that’s singular Squid Game, people looking for a place to experience that brands side-by-side the awesome show. And so they came to Roblox where they could see that. So, I do believe those things add to the retained people that come into our platform and stick with us and bringing new older players to a platform..Advertising is an enormous opportunity, and at the same time our vision for advertising is immersive, it’s native, it’s around high-quality experiences and over time, we’ll be working on rolling out. But the standards around this, how this is supported globally and we do think there’s an interesting and big future and at the same time, a very high-quality branded advertising type future…” Roblox Corporation (NYSE: RBLX) Earnings Highlights: https://www.wallstreetreporter.com/2021/11/10/roblox-corporation-nyse-rblx-q3-earnings-highlights/.
NIO Inc. stock is now -28.66% down from its year-to-date (YTD) trading value. NIO Stock saw the intraday high of $23.28 and lowest of $21.66 per share. The company’s 52-week high price is 47.38, which means current price is +93.66% above from all time high which was touched on 01/03/22.
Compared to the average trading volume of 67.28M shares, NIO reached a trading volume of 48716512 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about NIO Inc. [NIO]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for NIO shares is $36.35 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on NIO stock is a recommendation set at 1.70. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
BofA Securities have made an estimate for NIO Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on May 16, 2022. While these analysts kept the previous recommendation, UBS dropped their target price from $42 to $32. The new note on the price target was released on April 04, 2022, representing the official price target for NIO Inc. stock. Previously, the target price had yet another raise to $32.40, while China Renaissance analysts kept a Buy rating on NIO stock.
The Average True Range (ATR) for NIO Inc. is set at 1.64, with the Price to Sales ratio for NIO stock in the period of the last 12 months amounting to 6.62. The Price to Book ratio for the last quarter was 7.24, with the Price to Cash per share for the same quarter was set at 4.43.
How has NIO stock performed recently?
NIO Inc. [NIO] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 4.05. With this latest performance, NIO shares gained by 15.01% in over the last four-week period, additionally sinking by -24.36% over the last 6 months – not to mention a drop of -50.44% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for NIO stock in for the last two-week period is set at 58.44, with the RSI for the last a single of trading hit 58.71, and the three-weeks RSI is set at 57.34 for NIO Inc. [NIO]. The present Moving Average for the last 50 days of trading for this stock 18.25, while it was recorded at 21.89 for the last single week of trading, and 26.54 for the last 200 days.
NIO Inc. [NIO]: Deeper insight into the fundamentals
Operating Margin for any stock indicates how profitable investing would be, and NIO Inc. [NIO] shares currently have an operating margin of -12.86 and a Gross Margin at +17.35. NIO Inc.’s Net Margin is presently recorded at -29.26.
Return on Total Capital for NIO is now -9.32, given the latest momentum, and Return on Invested Capital for the company is -26.07. Return on Equity for this stock declined to -34.13, with Return on Assets sitting at -15.34. When it comes to the capital structure of this company, NIO Inc. [NIO] has a Total Debt to Total Equity ratio set at 58.08. Additionally, NIO Total Debt to Total Capital is recorded at 36.74, with Total Debt to Total Assets ending up at 24.32. Long-Term Debt to Equity for the company is recorded at 34.83, with the Long-Term Debt to Total Capital now at 22.03.
Receivables Turnover for the company is 8.57 with a Total Asset Turnover recorded at a value of 0.52.NIO Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.90 and a Current Ratio set at 2.00.
Earnings analysis for NIO Inc. [NIO]
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for NIO. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for NIO Inc. go to -0.15%.
Insider trade positions for NIO Inc. [NIO]
There are presently around $12,191 million, or 37.30% of NIO stock, in the hands of institutional investors. The top three institutional holders of NIO stocks are: BAILLIE GIFFORD & CO with ownership of 88,750,621, which is approximately -0.121% of the company’s market cap and around 0.46% of the total institutional ownership; BLACKROCK INC., holding 64,586,965 shares of the stock with an approximate value of $1.46 billion in NIO stocks shares; and VANGUARD GROUP INC, currently with $1.11 billion in NIO stock with ownership of nearly 4.855% of the company’s market capitalization.
Positions in NIO Inc. stocks held by institutional investors increased at the end of September and at the time of the September reporting period, where 255 institutional holders increased their position in NIO Inc. [NYSE:NIO] by around 58,662,988 shares. Additionally, 291 investors decreased positions by around 58,909,506 shares, while 110 investors held positions by with 421,868,994 shares. The mentioned changes placed institutional holdings at 539,441,488 shares, according to the latest SEC report filing. NIO stock had 64 new institutional investments in for a total of 14,395,182 shares, while 135 institutional investors sold positions of 13,058,849 shares during the same period.