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NIO has delivered 26,375 electric cars in the first nine months of the year—up 114% as compared to the corresponding period in 2019. The sales growth expanded in the third quarter where the company’s deliveries increased by an impressive 154%. The California bank’s net interest income rose 8% from a year ago to $13.11 billion, although that figure was little changed from the second quarter. Wells Fargo set aside an additional $333 million to guard against potential losses on commercial real estate loans. The Dow Jones Industrial Average edged down 0.3% in last week’s stock market trading. The Dow undercut lows again Friday morning, but then rallied for a 0.9% gain.

“This may be the most dangerous time the world has seen in decades,” Dimon wrote in the bank’s earnings statement. In the coming week, investors will get the CPI and PPI inflation reports. Earnings season will kick off, with JPMorgan Chase (JPM), UnitedHealth (UNH) and Delta Air Lines (DAL) among the headliners. Investors could have and perhaps should have added some exposure on Friday.

  • NIO has a high cash burn rate due to the high cost of research and development.
  • Consider for instance, the ever-present spectre of investment risk.
  • You can see JPMorgan Chase’s historic earnings and revenue below, but keep in mind there’s always more to the story.
  • The VanEck Vectors Semiconductor ETF (SMH) gained 2.3%, with Nvidia stock the No. 1 holding.
  • Earlier this year, there were concerns over NIO’s survival.

JPMorgan Chase delivered strong profits for the third quarter along with a stern warning Friday from its top executive about the perils the world faces from multiple threats. Our data suggests that insiders own under 1% of JPMorgan Chase & Co. in their own names. As it is a large company, we’d only expect insiders to own a small percentage of it. But it’s worth noting that they own US$1.6b worth of shares. It is always good to see at least some insider ownership, but it might be worth checking if those insiders have been selling.

The RMB liquidity solutions that NIO has adopted offer an effective means for China’s corporations, all of which are facing a new cash investment market landscape. Given NIO’s current stage in the business life cycle, it was looking for prudent, market-competitive return opportunities for some of its domestically generated cash. Yet meeting its newly broadened appetite for returns proved challenging at a time of ultra-low rates. While it makes sense to study institutional ownership data for a company, it also makes sense to study analyst sentiments to know which way the wind is blowing. There are plenty of analysts covering the stock, so it might be worth seeing what they are forecasting, too.

Tesla for instance trades at an NTM (next 12-month) price to sales multiple of 11.5x. Its market capitalization recently exceeded the combined market capitalization of Toyota Motors, Volkswagen, Ford, General Motors, and Fiat Chrysler. Tesla’s record on profitability has also been dismal and it has posted a net profit in only a handful of quarters in its history. Citigroup reported a profit of $3.55 billion, up a modest 2% from a year earlier, or $1.63 a share.

This can indicate that the company has a certain degree of credibility in the investment community. However, it is best to be wary of relying on the supposed validation that comes with institutional investors. When multiple institutions how does psychology affect trade own a stock, there’s always a risk that they are in a ‘crowded trade’. When such a trade goes wrong, multiple parties may compete to sell stock fast. This risk is higher in a company without a history of growth.

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MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation. “We will continue monitoring the supply vantage fx broker review side situation in the coming weeks,” Yu said in a note on March 26. NIO’s (NIO) Q4 earnings were disappointing — and (most) investors were disappointed.

Investors should note that institutions actually own more than half the company, so they can collectively wield significant power. We note that hedge funds don’t have a meaningful investment in JPMorgan Chase. Looking at our data, we can see that the largest shareholder is The Vanguard Group, Inc. with 9.4% of shares outstanding. For context, the second largest shareholder holds about 6.6% of the shares outstanding, followed by an ownership of 4.3% by the third-largest shareholder. In fact, the number mentioned by Grizzly Research was achieved 14 months ago (April 2021) and the EV maker should have around 215,000 – 217,500 vehicles on the road, 115,000 more than the number indicated by the author of the report. (NIO) raised $1.2 billion in an IPO on Wednesday, September 12th 2018.

So they usually pay more attention to companies that are included in major indices. Earlier today, the EV maker reacted to the report saying it is “without merit and contains numerous errors, unsupported speculations, and misleading conclusions and interpretations”. The firm remains positive on NIO believing that the company’s vehicle margin will “hit a trough of ~15.5% in Q but rebound strongly to ~18-19%” in the second half of 2022. Tomi Kilgore is MarketWatch’s deputy investing and corporate news editor and is based in New York. Sign-up to receive the latest news and ratings for NIO and its competitors with MarketBeat’s FREE daily newsletter.

  • Investing in financial markets carries risk, you have the potential to lose your total investment.
  • What kinds of production rates should investors be looking for, then?
  • When the CEO of Grizzly Research was asked about how many vehicles NIO has on the roads as of today and replied “100,000 vehicles”.

“Our segmented cash solution allows us
to invest aligned with our values, which include liquidity and security over yield,”
says Sasa Wang, Director, Treasury, NIO. Get this delivered to your inbox, and more info about our products and services. If you are like me, you may want to think about whether this company will grow or shrink. Luckily, you can check this free report showing analyst forecasts for its future. While it is well worth considering the different groups that own a company, there are other factors that are even more important.

Consensus Analyst Price Target

This is referencing a brighter tomorrow brought about by revolutionary technology in EV and battery technology. NIO Inc recognizes batteries are the most expensive part of the EV and that charging is the most restrictive. To combat both problems the company designs its cars so the batteries are easily removable which factors into the long-term plans. NIO Inc is also building out a network of battery-swapping stations that will allow drivers to pull in and swap a dead battery for a fully charged one. JP Morgan has a $70 price target on NIO and an Overweight rating. On near-term chip shortage and production shortfall, we believe the impact on 12-month forward earnings will be limited if supply tightness eases towards year end, as we anticipate.

The bank said in a research note on March 28 that assuming NIO delivers 19,500 units in the first quarter and all else remains equal, this represents a potential 2/3% top/bottom line shortfall respectively against their forecasts. You can buy NIO through any of the best online stockbrokers. Alternatively, if you wish to trade derivatives, we also have reviewed a list of derivative brokers you can consider. China is the world’s largest market for ICE (internal combustion engine) cars as well as electric cars. In an apparent bid to attract Tesla, China allowed the company to go solo in the country without any domestic partner. Other automotive companies have to form partnerships with domestic Chinese companies if they intend to do manufacture cars in the world’s second largest economy.

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Consider for instance, the ever-present spectre of investment risk. We’ve identified 2 warning signs with JPMorgan Chase (at least 1 which is a bit concerning) , and understanding them should be part of your investment process. With a 28% ownership, the general public, mostly comprising of individual investors, have some degree of sway over JPMorgan Chase. While this group can’t necessarily call the shots, it can certainly have a real influence on how the company is run. Our studies suggest that the top 25 shareholders collectively control less than half of the company’s shares, meaning that the company’s shares are widely disseminated and there is no dominant shareholder. Many institutions measure their performance against an index that approximates the local market.

Stock Trade Information

JPMorgan Chase showed a $13.15 billion, or $4.33 a share, profit for the July-through-September period, a 35% jump from a year ago. Dimon further cautioned that the performance came from benefits to net interest income and credit costs that likely won’t last. Dimon recently has said that he has been warning clients about the possibility that interest rates may not only stay elevated but also could rise significantly from here.

10 brokerages have issued 1-year price objectives for NIO’s stock. Their NIO share price forecasts range from $7.50 to $19.20. On average, they anticipate the company’s share price to reach $12.68 in the next year. This suggests a possible upside deriv forex broker review of 49.7% from the stock’s current price. View analysts price targets for NIO or view top-rated stocks among Wall Street analysts. 10 Wall Street equities research analysts have issued “buy,” “hold,” and “sell” ratings for NIO in the last year.

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The major indexes staged an upside reversal and a number of stocks flashed buy signals. According to analysts, NIO’s stock has a predicted upside of 18.70% based on their 12-month price targets. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation.

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The company issued 160,000,000 shares at a price of $6.25-$8.25 per share. Morgan served as the underwriters for the IPO and BofA Merrill Lynch, Deutsche Bank Securities, Citigroup, Credit Suisse and UBS Investment Bank were co-managers. NIO saw a increase in short interest during the month of September. As of September 30th, there was short interest totaling 135,920,000 shares, an increase of 30.4% from the September 15th total of 104,250,000 shares.