Nikola Corporation (NKLA)

NASDAQ: NKLA · IEX Real-Time Price · USD
8.04
+0.64 (8.65%)
At close: Jul 2, 2024, 4:00 PM
7.99
-0.05 (-0.62%)
After-hours: Jul 2, 2024, 7:59 PM EDT
8.65%
Market Cap 363.56M
Revenue (ttm) 32.66M
Net Income (ttm) -944.91M
Shares Out 45.22M
EPS (ttm) -29.40
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 11,986,652
Open 7.61
Previous Close 7.40
Day's Range 7.25 - 9.35
52-Week Range 7.25 - 111.30
Beta 2.11
Analysts Hold
Price Target 45.00 (+459.7%)
Earnings Date Aug 2, 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 3 analysts, the average rating for NKLA stock is "Hold." The 12-month stock price forecast is $45.0, which is an increase of 459.70% from the latest price.

Price Target
$45.0
(459.70% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Nikola sold 72 hydrogen-fuel-cell trucks to retailers in Q2, topping its 60-unit guidance

Nikola Corp. said Tuesday it wholesaled 72 Class 8 Nikola hydrogen-fuel-cell trucks in the second quarter and added new customers including Walmart Canada.

13 hours ago - Market Watch

Nikola's hydrogen fuel cell truck deliveries surge in Q2, beating expectations

Nikola said deliveries of its hydrogen-fuel cell trucks rose 80% in the second quarter from the previous three months, surpassing the startup's expectations and signaling strong demand for the big rig...

13 hours ago - Reuters

NIKOLA WHOLESALES 72 HYDROGEN FUEL CELL TRUCKS FOR NORTH AMERICAN CUSTOMERS IN Q2 2024, EXCEEDS SALES GUIDANCE

PHOENIX , July 2, 2024 /PRNewswire/ -- For Q2 2024,  Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy supply and infrastructure solutions, via the HYLA br...

14 hours ago - PRNewsWire

Nikola stock price forecast as it gets severely oversold

The Nikola (NASDAQ: NKLA) stock price continued its deep sell-off this week and moved to its all-time low as concerns about its business accelerated. It plunged to a low of $7.40 on Monday, bringing t...

1 day ago - Invezz

Walmart Canada adds Nikola's hydrogen fuel cell-powered electric semi-truck to fleet

Nikola said it has delivered a hydrogen fuel cell powered electric semi-truck to Walmart Canada , making it the first major retailer in the country to add it to its fleet.

Other symbols: WMT
5 days ago - Reuters

Nikola reverse stock split: EV maker shares drop amid Nasdaq delisting risks as date nears

The troubled electric vehicle maker Nikola (ticker: NKLA) saw its stock price plummet yesterday by over 31%, sending it to just under 33 cents per share. The reason for this?

11 days ago - Fast Company

Nikola stock price prediction: can it get worse than this?

The plot has thickened for Nikola (NKLA) stock price as it tumbled to a record low on Thursday after the company announced a big reverse split. It crashed to $0.3270, bringing the year-to-date losses ...

11 days ago - Invezz

Nikola Corporation stock plummets 21% after Nasdaq-compliant reverse stock split announcement

Nikola Corporation stock experienced a significant drop, plummeting nearly 13% during premarket trading on Thursday. This decline followed the company's announcement of an upcoming 1-for-30 reverse st...

12 days ago - Invezz

Nikola plans 1-for-30 reverse stock split to comply with Nasdaq listing rules

Nikola on Thursday announced a 1-for-30 reverse stock split to comply with Nasdaq listing rules.

12 days ago - Reuters

Nikola stock price analysis: time to buy or go short NKLA?

Nikola (NASDAQ: NKLA) stock price has slumped to a record low even as the company continues to make progress. It has plunged by over 42% this year in line with the performance of other similar compani...

19 days ago - Invezz

Nikola Stock Has Tumbled. The CEO Just Bought a Million Shares.

Nikola President and CEO Steve Girsky paid $540,000 for a million shares of the embattled hydrogen-truck company.

6 weeks ago - Barrons

NIKOLA AND AiLO LOGISTICS ANNOUNCE ORDER FOR 100 HYDROGEN FUEL CELL ELECTRIC TRUCKS

LAS VEGAS , May 21, 2024 /PRNewswire/ -- The 2024 Advanced Clean Transportation (ACT) Expo marks another step in decarbonizing the trucking industry for Nikola Corporation (Nasdaq: NKLA), a global lea...

6 weeks ago - PRNewsWire

Even a Fraud Conviction Won't Keep Nikola's Founder Away From the Company

Nikola, the embattled hydrogen-truck maker, wants to put convicted founder Trevor Milton in the rearview mirror. Milton has had other plans.

6 weeks ago - WSJ

Nikola stock price forecast: 3 risks that could hurt NKLA

Nikola (NASDAQ: NKLA) stock price continued slumping this month as concerns about its cash flow and overall demand. It has crashed by over 18% in the past 30 days and is hovering at its all-time low.

6 weeks ago - Invezz

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 ...

6 weeks 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
7 weeks 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...

7 weeks 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.

2 months 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.

2 months 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...

2 months 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...

2 months 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...

2 months 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 ...

2 months 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...

2 months 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
2 months ago - Invezz