NIO Stock Forecast & Price: Based on the Nio Inc Class A ADR stock forecasts from 8 analysts, the average analyst target price for Nio Inc Class A ADR is USD 38.73 over the next 12 months. Nio Inc Class A ADR’s average analyst rating is Strong Buy. Stock Target Advisor’s own stock analysis of Nio Inc Class A ADR is Slightly Bearish, which is based on 3 positive signals and 6 negative signals. At the last closing, Nio Inc Class A ADR’s stock price was USD 19.92. Nio Inc Class A ADR’s stock price has changed by +4.57% over the past week, +2.21% over the past month and -47.65% over the last year.

1. Page 1 of 9 Any information in this report is not , and should not be regarded as investment advice or as a recommendation regarding any particular security or course of
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NIO:NYE (Nio Inc Class A ADR)
Auto Manufacturers | NYE | Common Stock
Values as of 28th Aug, 2022
Stock Target Advisor
Detailed Stock Report
Report Date: 29th August, 2022
Last Close
USD 19.92
Change
+0.00(+0.00%)
Market Cap
USD 33.32B
1 Yr Capital Gain
-47.65%
1 Yr Dividend Return
N/A
1 Yr Total
Return
-47.65%
Earning Growth (5 yr)
-57.15%
Average Target Price
38.73(+94.44% )
Average Analyst
Rating
Strong Buy
Fundamental
Analysis
Slightly Bearish
Our view of the stock is Slightly Bearish with a score of 3.3 out of 10, where 0 is very bearish and 10 very bullish
What to like
Superior risk adjusted returns
This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.
Low debt
The company is less leveraged than its peers ,, and is among the top quartile, which makes it more flexible. However, do check the news and look at its sector.
Sometimes this is low because the company is not growing and has no growth potential.
Positive cash flow
The company had positive total cash flow in the most recent four quarters.
What to not like
Low market capitalization
This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique
technology or market which can help it grow or get acquired in future.
High volatility
The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.
Overpriced compared to book value
The stock is trading high compared to its peers median on a price to book value basis.
Overpriced on cashflow basis
The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering
to buy.
Negative free cash flow
The company had negative total free cash flow in the most recent four quarters.
Low Earnings Growth
This stock has shown below median earnings growth in the previous 5 years compared to its sector

2. Page 2 of 9 Any information in this report is not , and should not be regarded as investment advice or as a recommendation regarding any particular security or course of
action. We recommend seeking a licensed professional for investment advice.
NIO:NYE (Nio Inc Class A ADR)
Auto Manufacturers | | Common Stock
Stock Target Advisor
Detailed Stock Report
Report Date: 29th August, 2022
Adjusted Closing Share Volume
Relative Returns Relative Performance (Total Returns)
Security Capital Gain Dividend Return Total Return
NIO
Nio Inc Class A ADR
-47.6% 0 -47.6%
VTI
Vanguard Total Stock Market
Index Fund ETF Shares
-12.4% +1.3% -11.1%
Company Overview
NIO Inc. designs, develops, manufactures, and sells smart electric vehicles in China. It offers five, six, and seven-seater electric SUVs, as well
as smart electric sedans. The company is also involved in the provision of energy and service packages to its users; design and technology
development activities; manufacture of e-powertrains, battery packs, and components; and sales and after sales management activities. In
addition, it offers power solutions, including Power Home, a home charging solution; Power Swap, a battery swapping service; Power
Charger, a fast-charging solution; Power Mobile, a mobile charging service through charging vans; Power Map, an application that provides
access to a network of public chargers and their real-time information; and One Click for Power valet service, where it offers vehicle pick up,
charging, and swapping services. Further, the company provides repair, maintenance, and bodywork services through its NIO service centers
and authorized third-party service centers; statutory and third-party liability insurance, and vehicle damage insurance through third-party
insurers; courtesy vehicle services; roadside assistance; data packages; and auto financing and financial leasing services. Additionally, it
offers NIO Certified, a used vehicle inspection, evaluation, acquisition, and sales service. The company was formerly known as NextEV Inc.
and changed its name to NIO Inc. in July 2017. NIO Inc. was incorporated in 2014 and is headquartered in Shanghai, China.

3. Page 3 of 9 Any information in this report is not , and should not be regarded as investment advice or as a recommendation regarding any particular security or course of
action. We recommend seeking a licensed professional for investment advice.
Company Website
https://www.nio.com
Address
Building 20, Shanghai, China, 201804
Fiscal Year End
December
Employees
15204
Technical Indicators
Value Value
Beta 1.97 52 Week High 44.27
Short Ratio 1.27 52 Week Low 11.67
Shorted Shares 60,358,482 200 Day Moving Average 23.40
Shorted Shares Previous Month 68,522,887 50 Day Moving Average 20.67
Shares Held By Insiders 46.50% Short Percentage 3.00%
Shares Held by Institutions 37.39 Dividend Yield N/A

4. Page 4 of 9 Any information in this report is not , and should not be regarded as investment advice or as a recommendation regarding any particular security or course of
action. We recommend seeking a licensed professional for investment advice.
NIO:NYE (Nio Inc Class A ADR)
Auto Manufacturers | | Common Stock
Stock Target Advisor
Detailed Stock Report
Report Date: 29th August, 2022
Market Performance
Market Performance vs. Industry / Classification (Auto Manufacturers) Market Performance vs. Exchange (Nasdaq Global Select)
Value Sector Median
Percentile
Rank
Grade Market Median Percentile Rank Grade
YTD
Capital Gain -37.12% -25.8% 25% -13.6% 11%
Dividend Return N/A 0.6% N/A 1.8% N/A
Total Return -37.12% -24.1% 25% -12.0% 11%
Trailing 12 Months
Capital Gain -47.65% -12.7% 13% -13.5% 9%
Dividend Return N/A 0.7% N/A 2.8% N/A
Total Return -47.65% -12.7% 13% -10.8% 9%
Trailing 5 Years
Capital Gain N/A 10.4% N/A 4.2% N/A
Dividend Return N/A 11.8% N/A 12.9% N/A
Total Return N/A 22.2% N/A 20.1% N/A
Average Annual (5 Year Horizon)
Capital Gain 277.26% 13.3% 100% 3.0% 99%
Dividend Return N/A 2.1% N/A 2.2% N/A
Total Return 277.26% 15.4% 100% 6.3% 99%
Risk Return Profile
Volatility (Standard
Deviation)
567.89% 53.6% 11% 22.4% 1%
Risk Adjusted Return 48.82% N/A 78% 32.9% 71%
Market Capitalization 33.32B 37.33B 38% 2.71B 92%

5. Page 5 of 9 Any information in this report is not , and should not be regarded as investment advice or as a recommendation regarding any particular security or course of
action. We recommend seeking a licensed professional for investment advice.
Key Financial Ratios
Ratios vs. Industry / Classification (Computer Hardware) Ratios vs. Exchange (Nasdaq Global Select)
Value Sector Median
Percentile
Rank
Grade Market Median Percentile Rank Grade
Market Value
peratio N/A 10.0 N/A 16.3 N/A
pbratio 6.8 4.1 25% 1.6 11%
pcfratio 16.9 3.9 25% 7.0 23%
pfcfratio -5.6 0.1 100% 8.3 88%
Management Effectiveness
retequity -22.31% 6.5% 25% 9.7% 11%
retinvcap -10.46% 2.1% 38% 5.7% 11%
retass -5.39% 2.3% 25% 2.6% 8%
debtequityratio 28.06% 116.7% 100% 68.9% 76%
Technical Ratios
yield N/A 0.9% N/A 3.3% N/A
sratio 1.27 3.10 100% 2.53 67%
spercent 4.63% 3.1% 38% 3.9% 46%
beta 1.97 1.28 25% 1.04 9%

6. Page 6 of 9 Any information in this report is not , and should not be regarded as investment advice or as a recommendation regarding any particular security or course of
action. We recommend seeking a licensed professional for investment advice.
NIO:NYE (Nio Inc Class A ADR)
Auto Manufacturers | | Common Stock
Stock Target Advisor
Detailed Stock Report
Report Date: 29th August, 2022
Recent Analyst Ratings
Price Action Rating Action Analyst Rating Price date
Target Lowered by Nomura USD 51.5 » USD 25.8 2022-07-01
Target Raised by HSBC Buy USD 26 » USD 28 2022-06-30
Maintains Mizuho Securities Buy USD 55 » USD 48 2022-06-27
Maintains Citigroup Buy USD 87 » USD 41.1 2022-06-21
Maintains Morgan Stanley Overweight USD 34 » USD 31 2022-06-10
Maintains Mizuho Securities Buy USD 60 » USD 55 2022-06-10
Upgrades Bank of America Securities Buy USD 25 » USD 26 2022-05-16
Upgraded by UBS Neutral » Buy USD 42 » USD 32 2022-04-04
Target Lowered by Mizuho Securities Buy USD 65 » USD 60 2022-03-28
Target Lowered by Nomura Buy USD 67.1 » USD 51.5 2022-03-28
Initiated by China Renaissance Buy USD 32.4 2022-03-24
Target Lowered by Morgan Stanley USD 66 » USD 34 2022-03-23
Target Lowered by CLSA Buy USD 60 » USD 35 2022-02-16
Initiated by Barclays Overweight USD 34 2022-02-08
Upgraded by 86 Research Sell » Buy 2022-01-13
Initiated by Macquarie Research Outperform USD 37.7 2022-01-12
Target Lowered by Mizuho Securities Buy USD 67 » USD 65 2021-11-11
Target Raised by Citigroup Outperform » Buy USD 70 » USD 87 2021-11-11
Target Raised by Deutsche Bank Capital Buy USD 60 » USD 70 2021-11-04
Initiated by Sanford Bernstein Market Perform USD 45 2021-10-28
Target STA Research Strong Buy USD 60 2021-10-07
Upgraded by Goldman Sachs Neutral » Buy USD 56 2021-10-07
Reiterated by Citigroup Neutral 2021-08-12
Target Raised by Citigroup Buy USD 58.3 » USD 72 2021-06-29
Initiates Coverage On BOCOM International Buy USD 57 2021-06-08

7. Page 7 of 9 Any information in this report is not , and should not be regarded as investment advice or as a recommendation regarding any particular security or course of
action. We recommend seeking a licensed professional for investment advice.
NIO:NYE (Nio Inc Class A ADR)
Auto Manufacturers | | Common Stock
Stock Target Advisor
Detailed Stock Report
Report Date: 29th August, 2022
Annual Financial (USD)

8. Page 8 of 9 Any information in this report is not , and should not be regarded as investment advice or as a recommendation regarding any particular security or course of
action. We recommend seeking a licensed professional for investment advice.
NIO:NYE (Nio Inc Class A ADR)
Auto Manufacturers | | Common Stock
Stock Target Advisor
Detailed Stock Report
Report Date: 29th August, 2022
Quarterly Financial (USD)

9. Page 9 of 9 Any information in this report is not , and should not be regarded as investment advice or as a recommendation regarding any particular security or course of
action. We recommend seeking a licensed professional for investment advice.
NIO:NYE (Nio Inc Class A ADR)
Auto Manufacturers | | Common Stock
Stock Target Advisor
Detailed Stock Report
Report Date: 29th August, 2022
Largest Industry Peers for Auto Manufacturers
Symbol Company Name Price(Change) Market Cap
TM Toyota Motor Corporation ADR N/A USD 211.16B
F Ford Motor Company N/A USD 61.95B
GM General Motors Company N/A USD 58.90B
HMC Honda Motor Co Ltd ADR N/A USD 46.95B
RACE Ferrari NV N/A USD 37.33B
FCAU Fiat Chrysler Automobiles N.V N/A USD 30.92B
TTM Tata Motors Limited ADR N/A USD 22.18B
FSR Fisker Inc N/A USD 2.71B
7267 Honda Motor Co Ltd N/A N/A
7203 Toyota Motor Corp N/A N/A
ETFs Containing NIO
Symbol Company Name Weight Mer Price(Change) Market Cap
ADRE Invesco BLDRS Emerging Markets.. 0.00 % 0.20 % N/A USD 0.14B
H411:XETRA HSBC MSCI AC FAR EAST ex JAPAN.. 0.00 % 0.00 % N/A USD 0.45B
HMCH:LSE HSBC MSCI China UCITS ETF 0.00 % 0.00 % N/A USD 1.05B
SUES:LSE iShares Sustainable MSCI Emerg.. 0.00 % 0.00 % N/A USD 3.89B
SUSM:LSE iShares Sustainable MSCI Emerg.. 0.00 % 0.00 % N/A USD 3.89B
UC79:LSE UBS ETF SICAV - MSCI Emerging .. 0.00 % 0.00 % N/A USD 1.37B
VDEM:LSE Vanguard FTSE Emerging Markets.. 0.00 % 0.00 % N/A USD 2.21B
VFEM:LSE Vanguard FTSE Emerging Markets.. 0.00 % 0.00 % N/A USD 2.21B
XCS6:LSE Xtrackers MSCI China UCITS ETF.. 0.00 % 0.00 % N/A USD 1.84B
XCX6:LSE Xtrackers MSCI China UCITS ETF.. 0.00 % 0.00 % N/A USD 1.97B
The Stock Target Advisor platform run millions of calculations every day on over 30,000 Canadian and American stocks, comparing and
ranking their financial and market performance against their sectors and exchange.
We represent the percentile ranking using the following grading system.
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%