Nikola Corporation (NKLA)

NASDAQ: NKLA · IEX Real-Time Price · USD
0.535
-0.015 (-2.67%)
At close: May 17, 2024, 4:00 PM
0.542
+0.007 (1.38%)
After-hours: May 17, 2024, 7:58 PM EDT
-2.67%
Market Cap 729.28M
Revenue (ttm) 32.66M
Net Income (ttm) -944.91M
Shares Out 1.36B
EPS (ttm) -0.98
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 52,661,422
Open 0.555
Previous Close 0.550
Day's Range 0.534 - 0.561
52-Week Range 0.521 - 3.710
Beta 2.10
Analysts Hold
Price Target 1.33 (+148.65%)
Earnings Date May 7, 2024

About NKLA

Nikola Corporation operates as a technology innovator and integrator that develops energy and transportation solutions in the United States and internationally. The company operates in truck and energy units. It commercializes battery electric vehicles (BEV) and hydrogen fuel cell electric vehicles (FCEV) to the trucking sector. In addition, it develops a network of hydrogen fueling stations; and offers BEV charging solutions for its FCEV and BEV customers, as well as other third-party customers. Further, its products include Nikola Tre Class 8... [Read more]

Sector Industrials
Founded 2015
Employees 870
Stock Exchange NASDAQ
Ticker Symbol NKLA
Full Company Profile

Financial Performance

In 2023, Nikola's revenue was $35.84 million, a decrease of -27.93% compared to the previous year's $49.73 million. Losses were -$966.28 million, 23.2% more than in 2022.

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for NKLA stock is "Hold." The 12-month stock price forecast is $1.33, which is an increase of 148.65% from the latest price.

Price Target
$1.33
(148.65% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Nikola stock price sits at a pivotal level as risks remain

Nikola (NASDAQ: NKLA) stock price has been stuck at a crucial support level as investors digest the recent financial results. It was trading at $0.567 on Thursday, an important level since it was its ...

2 days ago - Invezz

Rivian, Lucid and other EV startups scramble to shore up cash and reassure Wall Street

Rivian, Lucid and Nikola this week each detailed plans to reduce costs while attempting to grow operations and make their first profits.

Other symbols: LCIDRIVN
8 days ago - CNBC

NIKOLA EXPANDS HYDROGEN NETWORK WITH INAUGURATION OF SECOND HYLA REFUELING STATION IN SOUTHERN CALIFORNIA

New Long Beach station advances Nikola's commitment to sustainable transportation solutions PHOENIX , May 8, 2024 /PRNewswire/ -- Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions t...

10 days ago - PRNewsWire

Nikola Stock Rises After Sales Miss. 'Green Shoots' Spring Up.

Nikola reported a per-share loss of 11 cents from sales of $7.5 million. Wall Street was looking for a 10-cent loss from sales of $15.8 million.

11 days ago - Barrons

Nikola reports a 30% hit to revenue in Q1

Shares of Nikola Corp (NASDAQ: NKLA) are roughly flat in premarket on Tuesday after the EV firm came in shy of revenue estimates for its fiscal first quarter.

11 days ago - Invezz

Nikola's stock gains after EV maker reports narrower-than-expected loss, while revenue missed

Shares of Nikola Corp. NKLA, -3.06% gained 1.8% in premarket trading Tuesday, after the electric trucks maker reported a narrower than expected first-quarter loss, offsetting revenue that fell to less...

11 days ago - Market Watch

EV truck maker Nikola misses first-quarter revenue estimates

Nikola missed Wall Street expectations for quarterly revenue on Tuesday, as the electric truck maker delivered fewer hydrogen fuel cell trucks amid an uncertain macroeconomic outlook and reduced spend...

11 days ago - Reuters

Nikola Corporation Reports First Quarter 2024 Results

Continued to execute our plan to ramp up hydrogen fuel cell electric trucks (FCEVs) in 2024 Wholesaled 40 FCEVs in Q1, all designated for end fleets, exceeding high-end of guidance range Marked the se...

11 days ago - PRNewsWire

Nikola stock price forecast: May 7th will be crucial for NKLA

Nikola (NASDAQ: NKLA) stock price has plunged hard recently, erasing most of the gains it made earlier this year. It has retreated to a low of $0.6125, its lowest level since March 19th, and is about ...

16 days ago - Invezz

NIKOLA CHAIRMAN ADDRESSES STOCKHOLDER QUESTIONS ON REVERSE SPLIT PROPOSAL IN DEFINITIVE PROXY STATEMENT

Continued focus on regaining Nasdaq compliance and resetting operational and  financial foundations to achieve the next level of financial stability  while advancing business initiatives PHOENIX , Apr...

18 days ago - PRNewsWire

Tesla, Nikola, Mullen, Nio, Canoo stocks brace for a crucial week

Tesla (NASDAQ: TSLA) stock price has continued crashing hard this year and the plot could thicken this week. It has plunged by over 40% this year, shedding billions of dollars in value, making it the ...

Other symbols: GOEVNIOTSLAMULN
27 days ago - Invezz

Nikola in focus as expert says EV movement happened ‘too soon and too fast'

Nikola Corp (NASDAQ: NKLA) is in focus today after Bob Lutz – a former executive of the “Big Three” said the EV push happened “too soon and too fast”.

4 weeks ago - Invezz

Nikola stock price faces these risks in 2024

Nikola (NASDAQ: NKLA) stock price came under strong sell-off pressure this week as it erased some of the gains made in March. It has crashed by 17% in the past five trading days, pushing it below the ...

5 weeks ago - Invezz

M&M Residual and Trevor R. Milton Announce Concerns Related to Potential Fraud and Misconduct at Nikola Overseen by Steve Girsky, Britton Worthen and the Board of Directors

PHOENIX--(BUSINESS WIRE)--M&M Residual, LLC (“M&M Residual”) and Trevor R. Milton (collectively “we” or “us”) today announced that M&M Residual has withdrawn its previously delivered nomination of fiv...

5 weeks ago - Business Wire

Nikola's proposal for reverse split sends its stock even further below $1

Nikola Corp. wants to do a reverse split of its stock, and it's asking shareholders to support that plan.

5 weeks ago - Market Watch

NIKOLA CORPORATION ANNOUNCES DATE FOR FIRST QUARTER 2024 RESULTS AND WEBCAST AND Q&A PLATFORM FOR SHAREHOLDERS

PHOENIX, April 4, 2024 /PRNewswire/ -- Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy supply and infrastructure solutions, via the HYLA brand, today ann...

6 weeks ago - PRNewsWire

Nikola Delivers More Hydrogen Semis, Helping It Beat Tesla In Electric Big Rigs

Nikola, the first company to sell hydrogen-powered semis in the U.S., delivered more fuel cell trucks to customers in the year's first three months than analysts expected and may benefit from tougher ...

6 weeks ago - Forbes

Nikola produced more fuel-cell trucks in Q1 than it did in all of 2023

Nikola Corp. produced 43 hydrogen-electric trucks in the first quarter, 40 of which were wholesaled to dealers.

6 weeks ago - Market Watch

EV maker Nikola beats first-quarter deliveries estimates for hydrogen trucks

Nikola on Thursday beat estimates for quarterly deliveries of hydrogen fuel cell trucks as the electric-vehicle maker looks to move away from its battery-powered trucks.

6 weeks ago - Reuters

NIKOLA PRODUCES 43, WHOLESALES 40 HYDROGEN FUEL CELL ELECTRIC TRUCKS FOR U.S. CUSTOMERS IN Q1 2024

PHOENIX , April 4, 2024 /PRNewswire/ -- It was a productive Q1 for Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy supply and infrastructure solutions, v...

6 weeks ago - PRNewsWire

Nikola's stock heads for a record win streak as EV maker sues Heavy D, founder

Shares of Nikola Corp. climbed Monday toward a record-long win streak, as investors weren't too distracted by the electric-vehicle maker's growing dispute with those connected to its convicted founder...

6 weeks ago - Market Watch

Nikola stock price beat Tesla in Q1: will the trend continue?

Nikola (NASDAQ: NKLA) stock price is doing well this year. It has risen nine straight days and is now sitting at its highest level since November 6th last year.

6 weeks ago - Invezz

Nikola launches hydrogen fueling station in Alberta, Canada

Nikola Corp (NASDAQ: NKLA) is up more than 10% on Thursday after announcing plans of a hydrogen refueling station in Canada. Alberta to get its first hydrogen fueling station HYLA – a subsidiary of th...

7 weeks ago - Invezz

Nikola ($NKLA) Opens First HYLA Hydrogen Refueling Station in Southern California

Nikola (NASDAQ: NKLA), a global leader in zero-emissions transportation, has celebrated the grand opening of its first HYLA high-pressure modular refueling station in Southern California. The Ontario ...

2 months ago - Green Stock News

Faraday Future, Canoo (GOEV), Nikola short squeeze intensifies

Faraday Future (NASDAQ: FFIE), Canoo (GOEV), and Nikola (NKLA) stock prices continued their short-squeeze this week even as concerns about the EV industry intensified. Nikola jumped to $0.6574, 11% ab...

Other symbols: FFIEGOEV
2 months ago - Invezz