Assessing NIO: Insights From 12 Financial Analysts
Portfolio Pulse from Benzinga Insights
Over the past three months, 12 analysts have evaluated NIO (NYSE:NIO), with a mix of bullish, bearish, and neutral ratings. The average 12-month price target has decreased by 20.08% to $6.09. Analysts have recently adjusted their ratings and price targets, reflecting dynamic market conditions and company performance. NIO's financial performance shows positive revenue growth but challenges in net margin, ROE, ROA, and debt management.
May 28, 2024 | 6:00 pm
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NIO has received mixed analyst ratings over the past three months, with a notable 20.08% decrease in the average 12-month price target to $6.09. Recent adjustments in ratings and price targets reflect dynamic market conditions and company performance.
The decrease in the average 12-month price target and the mixed ratings from analysts suggest a cautious outlook for NIO. The adjustments in ratings and price targets indicate concerns about the company's financial performance and market conditions.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100