Nikola Corporation (NKLA)

NASDAQ: NKLA · IEX Real-Time Price · USD
0.653
-0.007 (-1.05%)
Apr 19, 2024, 1:44 PM EDT - Market open
-1.05%
Market Cap 870.56M
Revenue (ttm) 35.84M
Net Income (ttm) -966.28M
Shares Out 1.34B
EPS (ttm) -1.21
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 33,268,554
Open 0.651
Previous Close 0.660
Day's Range 0.641 - 0.680
52-Week Range 0.521 - 3.710
Beta 2.00
Analysts Hold
Price Target 1.33 (+103.64%)
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 103.64% from the latest price.

Price Target
$1.33
(103.64% upside)
Analyst Consensus: Hold
Stock Forecasts

News

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”.

3 days 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 ...

8 days 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...

8 days 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.

8 days 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...

14 days 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 ...

14 days 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.

15 days 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.

15 days 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...

15 days 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...

18 days 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.

18 days 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...

21 days 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 ...

4 weeks 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
4 weeks ago - Invezz

NIKOLA CELEBRATES GRAND OPENING OF FIRST HYLA REFUELING STATION IN SOUTHERN CALIFORNIA

Ontario-based station marks a significant step forward in establishing comprehensive hydrogen refueling network for Class 8 trucks PHOENIX , March 21, 2024 /PRNewswire/ -- Nikola Corporation (Nasdaq: ...

4 weeks ago - PRNewsWire

Is Nikola the best penny stock to buy in March 2024?

Nikola (NASDAQ: NKLA) stock price continued its strong downtrend this week as sentiment in the EV industry worsened. It was trading at $0.6370 on Friday, bringing the YTD losses to 27.25%.

5 weeks ago - Invezz

IMC UNVEILS DESIGN OF ITS 50 NIKOLA HYDROGEN FUEL CELL ELECTRIC TRUCKS AT GRAND OPENING OF SUSTAINABLE FACILITY

IMC showcases zero-emission technology and celebrates their west coast sustainability initiative at state-of-the-art Compton facility PHOENIX , March 7, 2024 /PRNewswire/ -- Nikola Corporation (Nasdaq...

6 weeks ago - PRNewsWire

Nikola stock forecast: buying NKLA is risky, shorting is riskier

Nikola (NASDAQ: NKLA) stock price has moved sideways in the past few weeks as investors reflected on last month's results and the company's outlook. It has constantly remained below $1 and has retreat...

6 weeks ago - Invezz

Nikola appoints auto industry veteran Thomas Okray as CFO

Nikola named former General Motors and Amazon executive Thomas Okray as its chief financial officer, the electric-truck maker said on Monday.

6 weeks ago - Reuters

THOMAS B. OKRAY NAMED CHIEF FINANCIAL OFFICER OF NIKOLA CORPORATION

Experienced CFO primed to take on new opportunities with zero-emissions trucking and hydrogen infrastructure solutions PHOENIX , March 4, 2024 /PRNewswire/ -- Nikola Corporation  (Nasdaq: NKLA), a glo...

Other symbols: FLS
6 weeks ago - PRNewsWire

Nikola sells abandoned electric Badger pickup truck program to friend of disgraced founder Trevor Milton

Beleaguered electric trucking company Nikola has sold the Badger electric pickup truck assets it was once supposed to build with General Motors. The buyer?

2 months ago - TechCrunch

Nikola says its revenue more than doubled in Q4

Nikola Corp (NASDAQ: NKLA) is trading up in premarket on Thursday after reporting a narrower-than-expected loss for its fiscal fourth quarter. This is a developing story.

2 months ago - Invezz

Nikola Corporation Reports Fourth Quarter and Full Year 2023 Results

Delivered the first production hydrogen fuel cell electric truck available in North America Delivered 35 hydrogen fuel cell electric trucks in Q4 ending the period with no finished goods inventory Fro...

2 months ago - PRNewsWire

Nikola CEO Girsky appointed as acting chief financial officer

Nikola appointed its Chief Executive Stephen Girsky as the electric-truck maker's acting chief financial officer on Feb. 14, according to a regulatory filing on Wednesday.

2 months ago - Reuters

Concerned Stockholders of Nikola Corp. Introduce Slate of Independent Director Candidates for Election to the Company's Board at the 2024 Annual Meeting

PHOENIX--(BUSINESS WIRE)--M&M Residual, LLC (together with its affiliates and the participants named herein, the “Concerned Stockholder Group,” “we” or our “Group”) owns approximately 4.5% of the outs...

2 months ago - Business Wire