Nikola Corporation (NKLA)

NASDAQ: NKLA · Real-Time Price · USD
1.180
+0.010 (0.85%)
Dec 20, 2024, 4:00 PM EST - Market closed
0.85%
Market Cap 99.67M
Revenue (ttm) 75.53M
Net Income (ttm) -634.77M
Shares Out 84.47M
EPS (ttm) -14.25
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 14,112,382
Open 1.150
Previous Close 1.170
Day's Range 1.120 - 1.225
52-Week Range 1.120 - 34.500
Beta 1.92
Analysts Hold
Price Target 6.00 (+408.48%)
Earnings Date Feb 20, 2025

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 $6.0, which is an increase of 408.48% from the latest price.

Price Target
$6.0
(408.48% upside)
Analyst Consensus: Hold
Stock Forecasts

News

NIKOLA SECURES NEW HYLA LOCATION IN WEST SACRAMENTO

West Sacramento station marks HYLA's first modular refueling station in Northern California A significant step in HYLA's plan to connect current HYLA stations to northern central California This new H...

2 days ago - PRNewsWire

Troubled electric truckmaker Nikola offers up to $100 million in common stock

Nikola Corp., a producer of battery and hydrogen-electric trucks, has taken several steps to repay its debts and raise equity, including offering up to $100 million in a common stock sale.

11 days ago - TechCrunch

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...

6 weeks ago - Invezz

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...

7 weeks ago - Seeking Alpha

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 - ...

7 weeks ago - Seeking Alpha

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 ...

7 weeks ago - Reuters

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 ...

7 weeks ago - PRNewsWire

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...

2 months ago - PRNewsWire

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...

2 months ago - PRNewsWire

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 ...

2 months ago - PRNewsWire

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...

2 months ago - Invezz

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...

2 months ago - Reuters

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...

2 months ago - PRNewsWire

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.

Other symbols: FLYXJTAISES
3 months ago - Benzinga

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...

3 months ago - Invezz

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...

3 months ago - Reuters

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...

4 months ago - PRNewsWire

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...

4 months ago - Invezz

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.

4 months ago - Market Watch

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).

4 months ago - Forbes

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...

4 months ago - Seeking Alpha

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 ...

4 months ago - Seeking Alpha

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...

4 months ago - Seeking Alpha

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...

4 months ago - Schwab Network

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...

4 months ago - Seeking Alpha