Nikola Corporation (NKLA)

NASDAQ: NKLA · Real-Time Price · USD
0.440
-0.026 (-5.60%)
At close: Feb 20, 2025, 4:00 PM
0.442
+0.002 (0.43%)
Pre-market: Feb 21, 2025, 9:19 AM EST
-5.60%
Market Cap 37.17M
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 37,004,733
Open 0.412
Previous Close 0.466
Day's Range 0.400 - 0.532
52-Week Range 0.350 - 34.500
Beta 1.96
Analysts Hold
Price Target 6.00 (+1,263.33%)
Earnings Date Mar 4, 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 1,263.33% from the latest price.

Price Target
$6.0
(1,263.33% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Bankrupt Nikola wants to sell its whole business by April

Electric trucking startup Nikola is hoping to sell what remains of its whole business as early as April, lawyers for the company told a judge Thursday during the first hearing of its bankruptcy case i...

18 hours ago - TechCrunch

EV Startup Nikola's stock plummets 38% after bankruptcy filing

Nikola Corporation (Nasdaq: NKLA), a once-promising electric vehicle startup, filed for Chapter 11 bankruptcy protection Wednesday after failing to secure a buyer or raise additional funds to sustain ...

1 day ago - Fast Company

Troubled electric vehicle maker Nikola files for bankruptcy protection

After becoming embroiled in scandal, formerly hot startup and Wall Street star had said it would likely run out of cash

1 day ago - The Guardian

EV Truck Startup Nikola Files for Chapter 11 Bankruptcy

Electric vehicle startup Nikola (NKLA) filed for Chapter 11 bankruptcy and plans to move forward with an auction of its assets, pending court approval, the company said Wednesday.

1 day ago - Investopedia

Scandal-ridden Nikola — known for its electric semi-trucks — files for bankruptcy

On Wednesday, the electric vehicle maker -- which paid $125 million to settle claims it misled investors -- said it is seeking an auction and sale process of its assets.

1 day ago - New York Post

Nikola files for chapter 11 bankruptcy as cash flow issues, weak demand for vehicles take a toll

Nikola Corp., once hailed as a rising star in the electric vehicle industry, has filed for Chapter 11 bankruptcy protection, marking the end of a dramatic rise and fall. The company, which once boaste...

1 day ago - Invezz

Troubled electric truck maker Nikola files for bankruptcy

Hydrogen electric trucking startup Nikola Corp. filed for Chapter 11 bankruptcy protection Wednesday after it failed to find a buyer or secure additional funds to maintain operations.

2 days ago - TechCrunch

EV maker Nikola files for Chapter 11 bankruptcy protection

EV maker Nikola Corporation filed for Chapter 11 bankruptcy protection on Wednesday after the embattled company faced “significant" macroeconomic challenges.

2 days ago - Fox Business

Another EV maker goes bust, as Nikola files for bankruptcy

Nikola to pursue an auction and sale of its assets, and will continue “limited operations” during the sale process.

2 days ago - Market Watch

Nikola, E.V. Start-Up That Once Thrilled Investors, Files for Bankruptcy

The company, which once enjoyed a surging stock price, struggled to turn its plans for electric and hydrogen trucks into a viable business.

2 days ago - NYTimes

EV maker Nikola files for bankruptcy protection

Electric vehicle maker Nikola has filed for Chapter 11 bankruptcy protection, it said Wednesday. Company executives said in October that the EV maker only had enough cash to operate until Q1 2025.

2 days ago - Business Insider

Embattled EV maker Nikola files for Chapter 11 bankruptcy protection

Nikola filed for bankruptcy protection after failing to secure a buyer or raise additional funds to maintain operations. The filing marks the finale of the company's yearslong fall from grace.

2 days ago - CNBC

Struggling e-truck maker Nikola files for Chapter 11 bankruptcy protection

Nikola filed for Chapter 11 bankruptcy protection, according to a court filing on Wednesday, as the electric truck maker battled rapid cash burn and struggled to raise additional funds amid uncertain ...

2 days ago - Reuters

Nikola Initiates Comprehensive Voluntary Chapter 11 Sale Process

Nikola to pursue value-maximizing sale transactions for its operations  PHOENIX , Feb. 19, 2025 /PRNewswire/ -- Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and ...

2 days ago - PRNewsWire

Nikola Stock Plunges on Report It's Nearing Bankruptcy

Hydrogen and electric truck technology company Nikola is nearing a bankruptcy filing, according to The Wall Street Journal.

14 days ago - Barrons

Nikola shares are slumping. A report says the hydrogen-truck maker is nearing bankruptcy.

Nikola shares slump after The Wall Street Journal reports its nearing bankruptcy.

14 days ago - Market Watch

Electric truckmaker Nikola nears bankruptcy filing, WSJ reports

Electric truckmaker Nikola is nearing filing for a bankruptcy, the Wall Street Journal reported on Thursday, citing people familiar with the matter.

14 days ago - Reuters

Nikola stock price forecast: could it file for bankruptcy by March 31?

The Nikola stock price has collapsed to a record low, transforming a company that was once worth $26 billion in 2020 to just $74 million. NKLA has imploded as risks of bankruptcy rise during the Donal...

23 days ago - Invezz

Stock price forecasts: Rigetti Computing, Upstart, Nikola

American stocks have started the year well, with the S&P 500 and Nasdaq 100 indices soaring to their record highs. This trend may continue although risks remain, especially with the Federal Reserve ma...

Other symbols: RGTIUPST
4 weeks ago - Invezz

Shares of cash-strapped Nikola nosedive on report of potential sale

Shares of Nikola closed Thursday down 27.8% after a report that the embattled electric truck maker is exploring options to sell parts or all of the business. Bloomberg News reported the potential sale...

4 weeks ago - CNBC

EV maker Nikola exploring options including potential sale, Bloomberg News reports

EV maker Nikola is exploring options including selling parts of its business or the entire company as it struggles with a cash crunch, Bloomberg News reported on Thursday.

4 weeks ago - Reuters

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 months 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.

2 months 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...

3 months 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...

4 months ago - Seeking Alpha