Coming into Tuesday trading, NIO, XPeng and Li shares were down about 28%, 28% and 5% year to date, respectively. Inflation, rising interest rates and the Russia-Ukraine conflict have sapped some investors’ willingness to hold richly valued growth stocks.
While U.S. interest rates aren’t a direct factor for XPeng, which doesn’t currently sell vehicles in the United States, rising rates in the U.S. tend to have global effects and implications. That’s probably why the stock is down today.
Is XPeng a good stock to buy?
XPeng stock is trading at a better price-to-forward-sales ratio than several other EV stocks such as Rivian, Lucid, or Tesla. However, XPeng stock is trading at a slightly higher ratio compared to that of Nio or Li Auto, reflecting its higher expected growth rate.
Will XPeng stock go up?
Xpeng trades at about 10x projected 2021 revenues. Sales growth is projected to be the strongest among the three companies, rising by over 150% this year, per consensus estimates.
Why are Chinese EV stocks dropping?
Chinese EV sales have been hit by supply constraints, and specifically, an ongoing chip shortage. With the semiconductor shortages predicted to linger into 2022, this is another sour spot for the high-growth industry.
Is XPeng overvalued?
XPeng is currently overvalued on a revenue basis, it is currently trading at around 20x predicted revenues. Even if it reaches analysts’ goals by the end of the year, you will still be paying an inflated price for it.
Is Nio profitable yet?
Although Nio stock trades at a relatively high 12x consensus 2021 revenues, it should grow into this valuation fairly quickly. Sales are projected to more than double this year and growth is likely to come in at over 65% in 2022 as well, per consensus estimates.
Is XPeng a long term hold?
Long-Term Stocks to Buy: XPeng (XPEV)
XPEV stock is among the top picks from the electric vehicle(EV) segment.For fourth-quarter 2022, XPeng reported vehicle deliveries of 41,751. On a year-on-year basis, deliveries were higher by 222%. It seems likely that deliveries will remain robust through 2022.
What is XPeng target price?
Stock Price Targets
| High | $509.18 |
|---|---|
| Median | $342.14 |
| Low | $176.93 |
| Average | $335.02 |
| Current Price | $27.21 |
Is Nio a buy or sell?
Macquarie has a “buy” rating on Nio and has set a $37.70 price target on the shares, which is 70% higher than current levels. HSBC has a “buy” rating on NIO stock and a $54 price target, implying 140% upside.
What will XPeng stock be worth in 5 years?
AI-based Wallet Investor’s XPEV stock forecast suggests the stock price could reach $55.78 in a year’s time rising to $106 in five years. When looking for Xpeng stock predictions, it’s important to bear in mind that analysts’ forecasts can be wrong.
Why did XPeng stock go up?
Stock in Chinese electric-vehicle maker XPeng rose Tuesday after the company reported better-than-expected third-quarter results. Sales and earnings beats, however, weren’t the only surprise for investors. There was a new word in the company’s earnings release: robotaxis.
Is NIO a good investment 2021?
Even after its 2021 pullback, Nio has still been a top-performing stock overall in recent years. Investors buying the dip in Nio stock are still paying a more than 300% premium to the stock’s price two years ago. Nio is one of many stocks that have rallied on investor enthusiasm for EV investments.
Does NIO ever recover?
“We expect NIO’s marquee product developmental efforts to become reality in 2022, which in our view should help the stock recover,” the analyst said.
Is it a good time to invest in NIO?
The EV stock looks attractive
As of this writing, Nio stock is more than 50% off its high price in 2021.All in all, 2022 could be a good time to add Nio stock to your EV portfolio. Rekha Khandelwal has no position in any of the stocks mentioned.
Do XPeng pay dividends?
Xpeng (NYSE: XPEV) does not pay a dividend.
What is Nio fair value?
NIO’s fair value is $20.84.
What does Nio Limited do?
NIO Inc. designs, develops, manufactures, and sells smart electric vehicles in China. The company offers five, six, and seven-seater electric SUVs, as well as smart electric sedans.
Is NIO overvalued 2021?
Despite a recovery in deliveries at the end of last year, the sell-off in high multiple stocks is still ongoing, and NIO remains overvalued.
Why did NIO drop so much?
Shares of Chinese electric-vehicle maker Nio ( NIO -3.72% ) opened sharply lower in U.S. trading on Monday amid a broad market sell-off triggered by rising global tensions and interest rate fears ahead of a key U.S. Federal Reserve meeting.
Why is NIO so volatile?
Why is NIO’s Share Price So Volatile? The crux of the matter is that the company desperately needs cash.
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