Nikola Corporation (NKLA)
| Market Cap | 105.59M |
| Revenue (ttm) | 75.53M |
| Net Income (ttm) | -634.77M |
| Shares Out | 55.28M |
| EPS (ttm) | -14.25 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 5,502,473 |
| Open | 1.920 |
| Previous Close | 1.940 |
| Day's Range | 1.875 - 2.070 |
| 52-Week Range | 1.875 - 34.500 |
| Beta | 2.07 |
| Analysts | Hold |
| Price Target | 6.00 (+214.14%) |
| Earnings Date | Oct 31, 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]
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 StatementsAnalyst Forecast
According to 4 analysts, the average rating for NKLA stock is "Hold." The 12-month stock price forecast is $6.0, which is an increase of 214.14% from the latest price.
News
Nikola stock analysis: is NKLA a buy after plunging to a record low?
Nikola (NKLA) stock price has imploded as the company continues to face commercialization and balance sheet concerns. It has crashed by 87% this year and is trading at its lowest level on record, givi...
Nikola: Running Out Of Funds And Financing Options - Strong Sell
On Thursday, zero-emission transportation start-up Nikola Corporation ("Nikola") reported another set of uninspiring quarterly results. The company continues to burn substantial amounts of cash. Durin...
Nikola Corporation (NKLA) Q3 2024 Earnings Call Transcript
Nikola Corporation (NASDAQ:NKLA) Q3 2024 Results Conference Call October 31, 2024 10:30 AM ET Company Participants Soei Shin - Head of Investor Relations Steve Girsky - President and CEO Tom Okray - ...
EV maker Nikola posts bigger-than-expected quarterly loss, shares fall
Nikola reported a bigger-than-expected quarterly loss on Thursday as the company continues to grapple with high costs related to the production ramp up of its fuel-cell electric truck, sending the EV ...
Nikola Corporation Reports Third Quarter 2024 Results
Record 88 wholesale deliveries of hydrogen fuel cell electric trucks in Q3, up 22% quarter over quarter FCEV Fleet adoption up 78% year-to-date, with 16 end fleets deploying Nikola FCEVs, 32 distinct ...
Nikola Corporation Releases Inaugural Sustainability Impact Report
PHOENIX , Oct. 21, 2024 /PRNewswire/ -- Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy supply and infrastructure solutions, via the HYLA brand, released...
GTS GROUP JOINS NIKOLA DEALERSHIP NETWORK
Southern California-based dealership expands to include industry-leading Class 8 Nikola zero-emission trucks with the creation of their "NGT" division FONTANA, Calif. , Oct. 10, 2024 /PRNewswire/ -- N...
Nikola Corporation Announces Date for Third Quarter 2024 Results and Webcast and Q&A Platform for Shareholders
PHOENIX , Oct. 3, 2024 /PRNewswire/ -- Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy supply and infrastructure solutions, via the HYLA brand , today ...
Nikola stock price analysis: favorable risk/reward
Nikola (NKLA) stock price went parabolic on Wednesday after the hydrogen truck company published a strong production and sales report. It soared by over 20% in its best day in over a month, reaching a...
Nikola's hydrogen-powered truck deliveries to dealers rise 22% in Q3
Nikola said on Wednesday it delivered 88 hydrogen fuel cell electric trucks to its dealers in the third quarter, up from 72 trucks in the previous three-month period, signaling steady demand for the c...
NIKOLA RECORDS SALES OF 88 HYDROGEN-POWERED CLASS 8 TRUCKS FOR NORTH AMERICAN CUSTOMERS IN Q3 2024; 200 TOTAL SOLD THIS YEAR
PHOENIX , Oct. 2, 2024 /PRNewswire/ -- For Q3 2024, Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy supply and infrastructure solutions, via the HYLA bra...
Top 4 Industrials Stocks Which Could Rescue Your Portfolio This Quarter
The most oversold stocks in the industrials sector presents an opportunity to buy into undervalued companies.
Nikola stock: potential millionaire maker or another Fisker?
Nikola Corp (NASDAQ: NKLA) has investors wondering if it could follow Tesla Inc (NASDAQ: TSLA) in creating substantial wealth or if it's on a path similar to Fisker Inc, which succumbed to industry pr...
Convicted Nikola founder Milton owes electric truck maker $168 million, judge rules
A U.S. judge said Trevor Milton, the Nikola founder who was sentenced to four years in prison after being convicted of fraud, must pay the electric truck maker $167.7 million for making false and misl...
TOM SCHMITT NAMED CHIEF COMMERCIAL OFFICER OF NIKOLA CORPORATION
Skilled transportation executive positioned to further company focus on zero-emissions trucking and hydrogen infrastructure solutions PHOENIX , Aug. 27, 2024 /PRNewswire/ -- Nikola Corporation (Nasdaq...
Nikola stock: short interest, falling wedge, points to a short squeeze
Nikola (NKLA) stock price continued its sell-off even after the company published encouraging financial results and the Federal Reserve pointed to potential rate cuts in September. It has crashed by o...
Nikola's stock falls as EV maker looks to raise money via convertible-debt deal
Nikola Corp. plans to raise money through a convertible-debt offering as it looks to scale its electric-vehicle business.
Nikola's Hydrogen-Powered Semis Are Turning Its Fortunes Around
Nikola has had a rocky few years. It's worked to survive the reputational harm and share price crash that resulted from the lies of its founder (that earned him a four-year prison sentence).
Nikola Stock After Q2 Earnings: Finally Cheap Enough To Buy
Nikola stock has seen a sharp drop-off over the last 12 months due to persistent doubts about its long-term viability, but recent Q2 earnings show signs of a turnaround. The company's focus on hydroge...
Nikola: Improved Results, But Not Enough To Make It A Good Investment
Nikola Corporation reported record revenue for Q2, while beating guidance. That resulted in a slight positive move in the stock price to end last week. NKLA's economics are nowhere near viable at the ...
Nikola: Improved Results But Nowhere Near Viability - Sell
Nikola reported mixed Q2/2024 results, with higher sales more than offset by increased cash usage. As a result, unrestricted cash was down by more than 25% sequentially to $256.3 million. At the curre...
Nikola CEO on Turnaround Plan and Role in Electric Vehicle Space
President and CEO of Nikola (NKLA) Steve Girsky joins Nicole Petallides to discuss the company's turnaround plan, 2Q vehicle deliveries, and what's next for Nikola. ======== Schwab Network ======== Em...
Nikola Corporation (NKLA) Q2 2024 Earnings Call Transcript
Nikola Corporation (NASDAQ:NKLA) Q2 2024 Earnings Conference Call August 9, 2024 10:30 AM ET Company Participants Soei Shin - Head of Investor Relations Steve Girsky - President and CEO Tom Okray - C...
Nikola posts smaller-than-expected loss on robust truck demand
Nikola beat Wall Street expectations for second-quarter revenue and posted a smaller-than-expected adjusted loss on Friday, signaling an uptick in deliveries of its hydrogen big rigs as clients ramped...
Nikola's stock keeps bounce alive as revenue beats expectations
Shares of Nikola Corp. extended their bounce on Friday after the maker of electric and hydrogen-fuel-cell trucks reported losses that narrowed sharply and revenue that more than doubled to beat expect...