Hey everyone!

This video is about the Nio Q3 earnings report, and my price predictions for where the nio stock price will go before and after they announce their q3 earnings after the bell on Tuesday.

Now judging by my youtube analytics I notice that you guys really like hearing nio news and nio updates, and I'm right there with you! I love me some nio stock right now and that means I love keeping up to date with the latest nio news.

This month the Nio stock price has been on a tear until reality struck last Friday when Citron research published an article saying the nio stock is overpriced and they set a $25 price target for the stock. In my opinion nio is a buy still even after this massive run-up. So if you were to ask me is nio overpriced? or is nio a good buy? then my answer would be an astounding YES! My nio price target for Nio day in January has been $60 for a while, and I still believe we're on track to hit that number even if there is a nio pullback coming soon.

The nio q3 earnings call will be massive for the short-term direction of the nio stock price. While I remain confident that alongside Tesla, nio is the best ev stock to buy now, if q3 earnings don't produce a 'wow' factor to some degree, we could see the nio stock price pullback significantly.

However, if the nio q3 earnings go the way I expect them to, then I see the nio stock price predictions from myself and others going up to the $60 even sooner than I expected!

Now we know that Citron NIO report hit us hard on Friday, and one of the big positions Citron pointed to as the reason they see the nio stock price target being $25 is their comparison to tesla. I know a lot of people have asked the question is nio the next tesla? and while it's fun to make nio vs tesla comparisons investors should keep in mind that nio is a completely different company to tesla in so many ways.

One of the biggest differences Nio brings to the table is their Battery Swap stations and BaaS which is only something they've launched recently. However, Nio reported that they've already completed 800,000 battery swaps since introducing the service in August. If we couple that with their recently announced 100kWh battery, NIO stock stands to benefit from all this good news as they have already started taking pre-orders for this new battery.

Now, another reason I can say "no" when answering questions such as, "is nio overpriced?" and "is nio too expensive?" is their plan to expand into Europe soon. There has been talk that a Nio House is set to be launching in Denmark. I love the concept of Nio Houses as it begins to present NIO as a brand and not just a car company. If nio can infiltrate this European market within the next 12-18 months I like my nio price target up over th $150 mark in the next couple of years.

So, in conclusion, is nio a buy now? Well that depends...are you planning on holding nio stock for the long-term? If that's a yes then I believe Nio stock is not overpriced, and still has a lot of upside!

Personally, I will be continuing to buy nio stock each month as my nio price predictions both short and long-term are above the current trading price.


"Should I buy Nio?" you ask...I am, but make sure to read the disclaimer below before making any investment decisions regarding nio stock or any other stock :)

DISCLAIMER: I am NOT a financial advisor, and therefore all information and opinions expressed within this video and all videos on the Stock Watch channel should be used for entertainment purposes only. Individuals are advised to seek the advice of a professional before committing to any financial decisions.

#NIOq3earnings #niostock #nioupdates #NIOpricepredictions

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