+0.20%, slipped 0.2% in premarket trading Tuesday, putting them on track to pull back from the previous session's record close, after data out of China showed that sales of new-energy vehicles in September jumped 68% to 138,000 units, the highest sales volume for that month. On the growth front, Heung observes that EV-friendly infrastructure in China is improving, encouraging more car buyers to make the leap to electrics. But Pounce on the Lucid Motors Merger appeared first on InvestorPlace. Let’s see what’s going on. S&P 500 futures and Dow Jones Industrial Average futures were up 0.7% and 0.8%, respectively. View NIO Inc. NIO investment & stock information. has gained 9.4%. But, until then, there’s simply too much speculation surrounding this SPAC. Investors might not be shocked by the big NIO share price move, though. It’s a potential 10X investment that you’ll want to own for the long haul (to read more about potential 10X investment opportunities, click here.) It’s a winning recipe which Tesla pioneered, and which Lucid Motors will follow with great success. The rally is based on rumors. TSLA, Now, for a limited time, you can get in for just $19. SPX, Well, NIO is just doing what we discussed in my last analysis, and since it lost … ET by MarketWatch Automation Nio prices $1.3 billion in convertible notes, half of which don't pay interest "By improving swapping time to only three minutes" and by placing such battery swapping stations throughout "most parts of the major cities in China, NIO hopes to redefine the whole user experience of owning an EV," says Heung. The New Daily 10X Stock Report: Dozens of triple-digit winners, peak gains as high as 926%… 1,326%… and 1,392%. Earthy tones that make it feel even more eco-friendly. Unique and futuristic headlights. Let’s have a look at what the rest of the Street has in mind for NIO shares. Sign Up for Hypergrowth Investing and Get Your Free Special Report Here But, back to Churchill Capital stock and Lucid Motors, let’s take a deeper look. The Investor Relations website contains information about NIO Inc.'s business for stockholders, potential investors, and financial analysts. So don’t rush into this name on rumors. View today's stock price, news and analysis for NIO Inc. ADR (NIO). NIO shares, for instance, are up about 53% since Sept. 4, the day before Yu initiated coverage with his Buy rating. NIO Inc. NIO 57.77 0.06 (0.10%). The post Don’t Buy CCIV Stock Now. Right now, the price action surrounding CCIV stock — it’s more than doubled in two weeks — strongly implies that the market thinks the Lucid Motors merger is a done deal. Lucid Motors is one of the highest quality plays on one of the biggest megatrends of our lifetimes. EV penetration of total passenger car sales measured less than 5% in 2020. NIO, Nio Stock Could Jump to Nearly $100 Per Share Wait for confirmation. Nio shares were down 5.4% in premarket trading to $39.71. Additionally, when arguably the most expensive and most important part of an electric car -- the battery -- is removed from the equation, customers will no longer need to worry about whether an aged car battery might reduce the resale value of their cars years down the road, removing yet another impediment to making a sale. Shares of Nio Inc. NIO, +8.55% slipped 0.2% in premarket trading Tuesday, putting them on track to pull back from the previous session's record close, after data out of China showed that … +2.89% Lucid Motors Is a Long-Term Winner The company is a luxury EV maker that has assembled a world-class team of executives and engineers that have spent the last few years designing a high-performance, super-sleek electric vehicle dubbed the Lucid Air that — when it launches — will rival the Tesla Model S for luxury EV supremacy. In addition, you can sign up for Luke’s free Hypergrowth Investing newsletter. MRNA | Complete Moderna Inc. stock news by MarketWatch. NIO: Get the latest NIO stock price and detailed information including NIO news, historical charts and realtime prices. Wait for Confirmation The only problem? -0.04% Helping Nio to maintain a market-leading position in China will be its "batteries as a service" (BaaS) business model, in which Nio sells cars to customers, leases the batteries to run those cars -- and then offers customers the ability to swap out their current batteries for new, fully-charged batteries as a faster alternative to charging the batteries. More From InvestorPlace Why Everyone Is Investing in 5G All WRONG Top Stock Picker Reveals His Next 1,000% Winner It doesn’t matter if you have $500 in savings or $5 million. Initiating coverage on the "epitome of Chinese luxury brand[s]" and "domestic leader in EV manufacturing," Nomura analyst Martin Heung argues that even after its steep run-up, Nio stock remains a "buy" and has at least another 30% to run (above Friday's closing share price of $61.95). Click here to sign up now. -0.30% Thus far, this revolution has birthed two enormous winners: Tesla (NASDAQ:TSLA), the EV pioneer with the best-performing EVs in the world and Nio (NYSE:NIO), Tesla’s little brother in China. Click here to find out how. View the latest NIO Inc. ADR (NIO) stock price, news, historical charts, analyst ratings and financial information from WSJ. "Conservatively," says the analyst, by as early as 2025 16.5% of new cars sold in the Middle Kingdom should be electrics, which implies an overall 31% annual sales growth rate for the industry (and probably a faster growth rate for leaders like Nio). inched up 0.1% in the premarket. Even valuing the stock at a 25% discount to the prices investors are paying for its highest profile US rival, Tesla (on a price-to-sales basis), Heung feels these factors justify placing an $80.30 price target on Nio stock. Lucid Motors does not equal CCIV stock. has advanced 22.2% and the S&P 500 NIO, Nio Inc Cl A Ads - Stock quote performance, technical chart analysis, SmartSelect Ratings, Group Leaders and the latest company headlines Currency in USD, Trade prices are not sourced from all markets. WKHS, However, going by the $59.40 average price target, shares are anticipated to be changing hands at a 4% discount. You can follow him on Twitter @TomiKilgore. If they prove to be untrue, Churchill Capital is just another run-of-the-mill SPAC, and CCIV will plunge back to $10. Find the latest NIO Inc. (NIO) stock discussion in Yahoo Finance's forum. The median estimate represents a +568.53% increase from the last price … Either way, keep a close eye on Lucid Motors, and buy shares in the company once it does finally come public. Nio's stock wasn't the only one higher after Nio Day 2021 -- electric vehicle stocks in general are soaring as innovation in the sector hits its stride. Lucid Motors looks to avoid Tesla's "production hell" with methodical manufacturing plan, Secretive EV Battery Maker QuantumScape Is a Stock to Avoid, Discover new investment ideas by accessing unbiased, in-depth investment research, NYSE - NYSE Delayed Price. Even a pandemic can't stop Apple Inc. from hitting new records. Then, either forget CCIV stock if the merger falls through, or buy CCIV stock if the merger gets confirmed. Nio Inc - (NYSE:NIO) issued its quarterly earnings results on Tuesday, November, 17th. All of the above, says Heung, positions Nio to become "the dominant power in China," in electric vehicles, at a time when EV adoption is surging, says the analyst. sales of new-energy vehicles in September jumped 68%, Get ready for Apple’s first $100 billion quarter in history, Apple, Tesla and Facebook ready to report record sales in busiest week of earnings, AT&T earnings to kick off a defining year for telecom giant, What it’s really like to retire on a Caribbean island — on $3,000 a month, Stock-market bulls brace for major gut check as earnings, Fed and GDP loom, Stock-market legend sees few weeks of ‘putting your last, desperate chips into the game’—then pop, COVID-19 may accelerate these 3 trends in real estate. Do this now. Find out the direct holders, institutional holders and mutual fund holders for NIO Inc. (NIO). On the date of publication, Luke Lango did not have (either directly or indirectly) any positions in the securities mentioned in this article. slipped 1.0% and XPeng Inc. Swappable batteries, notes the analyst, helps to eliminate customers' range anxiety at the same time as it reduces wait times at charging stations, improving the customer experience in two different ways. © 2021 Verizon Media. It is very important to do your own analysis before making any investment. The company reported ($0.14) earnings per share for the quarter, topping the Thomson Reuters' consensus … Still, CCIV stock has more than doubled on the merger chatter alone. Bottom Line on CCIV Stock Lucid Motors is a long-term winner with 10X upside potential during the 2020s (to read more about potential 10X investment opportunities, click here.) The cover of this book will make a few jaws drop. EVs Are the Future Electric vehicles are the future. But, whenever Lucid Motors does come public — via a merger with CCIV or any other SPAC — pounce on that stock right away. The smartphone giant is likely to post its first-ever quarter with revenue above $100 billion Wednesday. Meanwhile, the data out of China helped give a lift to Tesla Inc.'s stock MCHI, Tomi Kilgore is MarketWatch's deputy investing and corporate news editor and is based in New York. Hello traders and investors! Don’t buy CCIV stock now. And in another word: Batteries. On the surface alone, the Lucid Air looks amazing. InvestorPlace’s bold new initiative delivers one breakthrough stock recommendation every trading day, targeting gains of 5X… 10X… even 15X and beyond. So why does Heung like Nio? With the right charger, Lucid cars can recharge up to 300 miles in just 20 minutes — an industry record-low time by at least 10 minutes. Wall Street Stock Market & Finance report, prediction for the future: You'll find the NIO Inc - ADR share forecasts, stock quote and buy / sell signals below.According to present data NIO Inc - ADR's NIO shares … XPEV, The top-shelf model of the Lucid Air features 517 miles of driving range, which tops the driving ranges of Tesla’s longest-range cars and marks the new gold standard of the EV industry. By now, that’s a foregone conclusion. NIO Inc. ADR rises Wednesday, still underperforms market Jan. 13, 2021 at 5:48 p.m. But CCIV stock is not yet representative of Lucid Motor’s disruptive and promising business, nor is there any guarantee it will be anytime soon. Brokers remain optimistic about NIO… Based on 8 Buys and 6 Holds, the analyst consensus is a Moderate Buy. The EV stocks Barron’s tracks are up roughly 250% year to date. ET by MarketWatch Automation Workhorse Group Inc. stock falls Thursday, underperforms market Source: Shutterstock My two cents? And, the reality is, none of us really have an “insider” insight into whether Churchill Capital will merge with Lucid Motors. NIO Inc. (NIO) closed the most recent trading day at $58.34, moving +1.09% from the previous trading session. Lucid Motors will sell a lot of Lucid Air vehicles over the next few years, will develop a strong brand around this first generation of luxury EVs, and then leverage that brand to launch new vehicles to equally huge demand in subsequent years. Nothing, it seems, can stop EV stocks these days. That share is expected to rise 30%, 40% and 50%-plus over the next 10 to 20 years. Rumors are dangerous. Get the latest NIO Inc. NIO detailed stock quotes, stock data, Real-Time ECN, charts, stats and more. Shares of special purpose acquisition company Churchill Capital Corp IV (NYSE:CCIV) have been soaring over the past two weeks on rumors that the company is set to acquire premium EV maker Lucid Motors. NIO Inc. American depositary shares, each representing one Class A ordinary share (NIO) Stock Quotes - Nasdaq offers stock quotes & market activity data for US and global markets. We are still in the early stages of this seismic shift. Leather interiors. Up more than 1,150% in the past year, Chinese electric-vehicle maker NIO (NIO) turned into one of the best-performing stocks of 2020 -- but one analyst thinks there are more gains to come. NIO … Long story short, the Lucid Air is legit. Nio's stock had rallied 1.8% on Monday to close at a record $21.85. Disclaimer: The opinions expressed in this article are solely those of the featured analyst. To that end, patience seems like the right path forward here. A logo that reminds you of a private jet company (indeed, the design inspiration for the Lucid Air was a private jet). +0.90% Sleek and shiny exterior. Nio Inc.’s stock NIO, +8.55% slid 4.8% in afternoon trading, erasing a premarket gain of as much as 1.6%, while Li Auto Inc. shares LI, -2.25% reversed an early intraday gain of as much as … It’s the next big thing in the premium EV world. Find real-time NIO - NIO Inc stock quotes, company profile, news and forecasts from CNN Business. NIO Inc. ADR rises Thursday, outperforms market Jan. 21, 2021 at 4:49 p.m. The content is intended to be used for informational purposes only. Find the latest NIO Inc. (NIO) stock quote, history, news and other vital information to help you with your stock trading and investing. Concurrently, thanks to a unique onboard charging unit dubbed “Wunderbox,” every Lucid Air has hyper-fast charging capability. View real-time stock prices and stock quotes for a full financial overview. In one word: Growth. Copyright © 2021 MarketWatch, Inc. All rights reserved. In this way, Nio's BaaS strategy also helps to differentiate Nio's offerings, and builds a moat around the business. Full-glass “canopy” front window that spills into a sunroof. We are all just shooting in the dark.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Too risky for my taste. Real time NIO Inc. (NIO) stock price quote, stock graph, news & analysis. On top of those two huge performance advantages, the Lucid Air is also equipped with a state-of-the-art DreamDrive semi-autonomous driving platform and is hyperconnected with smartphones (your phone basically acts as your key and all-in-one control unit). View the latest NIO stock quote and chart on MSN Money. The EV Revolution unequivocally represents one of the best investment opportunities of the 2020s. It seems NIO is following the sell-off seen in the global markets today. The entire auto market is pivoting from gas-powered cars, to electric cars. Yahoo Finance Tesla analyst more than doubles stock price target to $1,036 Lucid Motors will be the third big winner. At the time, the stock was trading at $17.97. Big iPad-like control screen. Among other electric vehicle makers, shares of Workhorse Group Inc. NYSE Updated Jan 21, 2021 6:26 PM But it’s not the look of the Lucid Air that excites me, or will get tons of consumers to buy it over the Tesla Model S. Rather, it’s two big performance features: unrivaled driving range and lightning fast recharge times. Widening and deepening that moat even further (to steal a phrase from Warren Buffett), Nio is encouraging customers to sign up for long-term, five-year battery leases in exchange for a lower cost per year -- essentially locking customers into its ecosystem for the lease term. NKLA, It’s not. Shares of Nio Inc. climbed 1.5%, Nikola Corp. NIO Inc - ADR () Stock Market info Recommendations: Buy or sell NIO Inc - ADR stock? +6.19% So, that’s Nomura's view. All rights reserved. (See NIO stock analysis on TipRanks) To find good ideas for EV stocks trading at attractive valuations, visit TipRanks’ Best Stocks to Buy, a newly launched tool that unites all of TipRanks’ equity insights. If and when it does, I’ll start pounding on the table about CCIV stock. Such murmurs have been neither confirmed nor denied by either Churchill Capital or Lucid Motors. which rose 0.6% ahead of the open, putting them on track for a fifth-straight gain; the stock has rallied 6.8% over the past four sessions. Stock Price Forecast The 15 analysts offering 12-month price forecasts for NIO Inc have a median target of 388.35, with a high estimate of 648.82 and a low estimate of 98.10. Additionally, at some point electrics should reach critical mass (Heung estimates this will happen at 20% market penetration), which will convince even more car buyers to transition to electrics -- accelerating sales growth further. Share your opinion and gain insight from other stock traders and investors. +3.83% Dive deeper with interactive charts and top stories of NIO INC.. ... Nio shares get price-target hikes MarketWatch 5 days ago. It has rocketed 443.5% year to date through Monday, while the iShares MSCI China ETF Sure, the deal may get done. Stock analysis for NIO Inc (NIO:New York) including stock price, stock chart, company news, key statistics, fundamentals and company profile. Barron's also provides information on historical stock ratings, target prices, company earnings, market valuation and more.