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Home โบ Stocks โบ Nikola Corporation (NKLA) Stock Forecast & Price Prediction United States | NASDAQ | Industrials | Farm & Heavy Construction Machinery
$0.00
+0.00 (66.67%)Did NKLA Make This Month's Elite Buy List?
We don't follow just any analyst โ only the top 3% with a proven track record make our cut. See if Nikola is one of their latest high-conviction picks.
Comprehensive analyst forecasts are currently unavailable for NKLA. Please refer to the price chart above for recent performance and trends.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
These are the latest 20 analyst ratings and price targets for NKLA.
| Date | Firm | Analyst | Rating | Change | Price Target |
|---|---|---|---|---|---|
| Nov 11, 2024 | DA Davidson | Michael Shlisky | Neutral | Maintains | $4.00 |
| Nov 1, 2024 | TD Cowen | Jeffrey Osborne | Hold | Maintains | $4.00 |
| Nov 1, 2024 | Baird | Ben Kallo | Outperform | Maintains | $10.00 |
| Aug 12, 2024 | DA Davidson | Michael Shlisky | Neutral | Maintains | $10.00 |
| Jun 12, 2024 | DA Davidson | Michael Shlisky | Neutral | Maintains | $1.00 |
| Apr 9, 2024 | Wolfe Research | Scott Group | Peer Perform | Initiates | $N/A |
| Mar 5, 2024 | DA Davidson | Michael Shlisky | Neutral | Reiterates | $1.00 |
| Jan 24, 2024 | Baird | Ben Kallo | Outperform | Initiates | $2.00 |
| Jul 31, 2023 | DA Davidson | Michael Shlisky | Neutral | Maintains | $3.00 |
| May 10, 2023 | TD Cowen | Jeffrey Osborne | Market Perform | Downgrade | $1.00 |
| Mar 31, 2023 | BTIG | Gregory Lewis | Neutral | Downgrade | $N/A |
| Mar 14, 2023 | Morgan Stanley | Dillon Cumming | Equal-Weight | Initiates | $3.00 |
| Mar 13, 2023 | Morgan Stanley | Dillon Cumming | Equal-Weight | Initiates | $3.00 |
| Feb 24, 2023 | Deutsche Bank | Emmanuel Rosner | Hold | Maintains | $3.00 |
| Feb 24, 2023 | Cowen & Co. | Jeffrey Osborne | Outperform | Maintains | $5.00 |
| Jan 17, 2023 | BTIG | Gregory Lewis | Buy | Reiterates | $5.00 |
| Nov 4, 2022 | Wedbush | Daniel Ives | Neutral | Maintains | $6.00 |
| Sep 14, 2022 | BTIG | Gregory Lewis | Buy | Upgrade | $12.00 |
| Feb 25, 2022 | Deutsche Bank | Emmanuel Rosner | Hold | Maintains | $11.00 |
| Nov 8, 2021 | DA Davidson | Michael Shlisky | Neutral | Maintains | $12.00 |
The following stocks are similar to Nikola based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
Nikola Corporation has a market capitalization of $310,352 with a P/E ratio of 0.0x. The company generates $35.84M in trailing twelve-month revenue with a -597.3% profit margin.
Revenue growth is -19.6% quarter-over-quarter, while maintaining an operating margin of -2,154.5% and return on equity of -134.4%.
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Innovator in zero-emissions transportation solutions.
The company designs and manufactures Class 8 battery-electric and hydrogen fuel cell electric vehicles for commercial trucking. It also develops hydrogen refueling infrastructure through its HYLA brand, enabling a comprehensive approach to zero-emission transportation.
Nikola serves heavy-duty freight operators across North America and has assembly operations in Arizona. Founded in 2014 and headquartered in Phoenix, Arizona, the company focuses on advancing decarbonization solutions for the commercial transportation sector.
Industrials
Farm & Heavy Construction Machinery
940
Mr. Stephen J. Girsky
United States
2020
In May, Europe's auto market grew due to increased demand for electrified cars, despite a decline in petrol and diesel sales, aiding the expansion of Chinese brands, according to ACEA data.
Rising demand for electrified cars signals a shift in consumer preferences, benefiting EV manufacturers and impacting traditional automakers. This trend could reshape market dynamics and investment opportunities.
Major automakers support the EPA's proposal to delay enforcement of vehicle air pollution cuts by two years, while urging a swift rewrite of the regulations.
The delay in pollution regulation enforcement may benefit automakers by reducing immediate compliance costs, influencing stock performance and market strategies in the automotive sector.
Nikola founder Trevor Milton announced his pardon by President Trump, following his October 2022 conviction for defrauding investors related to the company's performance.
Milton's pardon may affect Nikola's reputation and stock performance, potentially influencing investor confidence and future company prospects.
Eamon Javers from CNBC reports on Trump's recent pardons and ongoing disputes with law firms, highlighting potential legal and financial implications.
Trump's pardons and legal battles can influence market sentiment, regulatory environments, and investor confidence, potentially impacting sectors tied to politics and law.
President Trump pardoned Trevor Milton, founder of Nikola Corp., for his October 2022 conviction of defrauding investors regarding the company's electric and hydrogen truck claims.
Milton's pardon may impact Nikola's reputation and legal risks, influencing investor confidence and stock performance in the EV sector.
President Trump intervened during Mr. Milton's appeal of his conviction on securities and wire fraud charges.
Trump's intervention could signal potential shifts in regulatory or political environments, impacting investor sentiment and risk assessments around similar legal cases.
Analyst forecasts for Nikola Corporation (NKLA) are not currently available. The stock is trading at $0.00.
According to current analyst ratings, NKLA has 1 Buy ratings, 2 Hold ratings, and 0 Sell ratings. The stock is currently trading at $0.00. Always conduct your own research and consider your investment goals before making investment decisions.
Price predictions from Wall Street analysts for NKLA are not currently available. The stock is trading at $0.00.
The company designs and manufactures Class 8 battery-electric and hydrogen fuel cell electric vehicles for commercial trucking. It also develops hydrogen refueling infrastructure through its HYLA brand, enabling a comprehensive approach to zero-emission transportation.
Price targets from Wall Street analysts for NKLA are not currently available. The stock is trading at $0.00.
Price targets from Wall Street analysts for NKLA are not currently available. The stock is trading at $0.00.
The overall analyst consensus for NKLA is neutral. Out of 11 Wall Street analysts, 1 rate it as Buy, 2 as Hold, and 0 as Sell.
Stock price projections, including those for Nikola Corporation, are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.