Is Nio Stock a Buy Now After Earnings? Or Is It a Trap?
In this video, I will talk about (NYSE: NIO) and its recent earnings report, which was well received by investors because of the focus on profitability. But I'll explain why investors should exercise caution before celebrating prematurely.
*Stock prices used were from the trading day of Dec. 5, 2023. The video was published on Dec. 6, 2023.
Source Fool.com
NIO Inc. Stock
€4.00
-1.160%
With 0 Sell predictions and 2 Buy predictions the community sentiment towards the NIO Inc. stock is not clear.
As a result the target price of 5 € shows a positive potential of 25.0% compared to the current price of 4.0 € for NIO Inc..
