Overview
Nikola Corporation, headquartered in Phoenix, Arizona, USA, is a prominent player in the automotive and energy sectors, specializing in the design and manufacturing of zero-emission vehicles. Founded with the mission to transform transportation through innovative energy and transportation solutions, Nikola primarily focuses on battery-electric and hydrogen fuel cell electric vehicles. The company's key projects include the development of the Nikola One and Two class 8 semi-trucks and a proprietary hydrogen fueling infrastructure to support its fleet operations. Nikola aims to revolutionize the environmental impact of freight and commercial transportation through advanced vehicle technologies and comprehensive energy supply frameworks. The combination of state-of-the-art electric powertrains and hydrogen fuel technology underscores Nikola's commitment to sustainability and reduced carbon emissions in the logistics sector.
Basic Stats
The share price of Nikola Corporation as of February 25, 2025 is $0.18 / share.
The Factor Analysis chart (below right) shows a view of Nikola Corporation from a variety of lenses. Each factor shows how well the company ranks against all other companies in the Fintel global investing universe. Factor scores range from zero to 100, with 100 being most desirable, and 50 being average.
For example, a company with a Value Score of 100 would be the most undervalued company in our database. A company with a Value Score of zero would be the most overvalued.
| Market Cap | |
| EV | |
| Shares Out. | 0.00 MM |
| Earnings Date | |
| EPS (TTM) | |
| Dividend Yield | |
| Ex-Dividend Date | |
| Borrow Rate | |
| Short Shares Avail. | |
| Short Interest | |
| Short Float | |
| Days to Cover | |
| Risk Free Rate | 4.17 % |
| Price Change (1 yr) | |
| Volatility (1 yr) | 1.19 |
| Beta | 3.06 |
| Sharpe Ratio (1 yr) | |
| Sortino Ratio (1 yr) |
| PE Ratio | |
| Price/Book | |
| Price/TBV | |
| Book/Market | |
| EBIT/EV | |
| EBIT(3yr avg)/EV | |
| ROA | 0.00 |
| ROE | 0.00 |
| ROIC | |
| CROIC | |
| OCROIC | |
| Implied Volatility | |
| Put/Call OI Ratio |
Factor Scores range from 0 to 100, with 100 being most desirable. Larger circles are better. In situations where we have no data (e.g. no insider trades), we plot the score at 50 to avoid penalizing companies. However, a company that does not pay dividends will get a Dividend Score of Zero. Additionally, we inverted volatility to create a "stability" metric which is better when higher.
Price Target
The average one-year price target for Nikola Corporation is $4.08. The forecasts range from a low of $4.04 to a high of $4.20. A stock’s price target is the price at which analysts consider it fairly valued with respect to its projected earnings and historical earnings. Analysts typically set price targets that correspond to their buy or sell recommendations.
Update Frequency: Monthly
Stock Upgrades/Downgrades
This card shows analyst upgrades/downgrades for Nikola Corporation. An analyst rating is a classification that gives investors a sense of analyst sentiment about the direction and performance of an equity - usually a stock - over a period of time, typically 12 months.
The standard analyst ratings are generally as follows:
- Buy/Overweight/Outperform - Any of these ratings conveys an analyst’s belief that the stock is likely to outperform a market index (e.g. the S&P 500).
- Hold/Equal-Weight/Market Perform - Any of these ratings conveys an analyst’s belief that the stock is likely to perform in line with a market index.
- Sell/Underweight/Underperform - Any of these ratings suggest that an analyst believes the stock is likely to underperform a market index.
When an analyst upgrades a stock, they are signaling that the company’s fundamentals are being undervalued by investors. It could also mean they believe the market is underestimating the company’s potential. The opposite is true when a stock receives a downgrade.
The average rating of each individual analyst’s rating is the consensus rating for a stock. This gives investors a broader sense of the overall sentiment for that stock.
| Date | Analyst | Prior | Latest Recommendation |
Action |
|---|---|---|---|---|
| 2022-11-04 | Wedbush | Neutral | Maintains | |
| 2022-09-14 | BTIG | Neutral | Buy | Upgrade |
| 2022-02-25 | Deutsche Bank | Hold | Maintains | |
| 2021-11-08 | DA Davidson | Neutral | Maintains | |
| 2021-11-05 | RBC Capital | Sector Perform | Maintains | |
| 2021-11-05 | BTIG | Buy | Neutral | Downgrade |
| 2021-08-11 | DA Davidson | Neutral | Initiate | |
| 2021-05-28 | BTIG | Buy | Initiate | |
| 2021-05-10 | Deutsche Bank | Hold | Maintains | |
| 2021-03-26 | Vertical Research | Buy | Initiate | |
| 2021-03-05 | JP Morgan | Overweight | Neutral | Downgrade |
| 2021-02-01 | Wedbush | Underperform | Neutral | Upgrade |
| 2020-12-16 | Evercore ISI Group | In-Line | Initiate | |
| 2020-11-20 | Loop Capital | Buy | Initiate | |
| 2020-09-24 | Wedbush | Neutral | Underperform | Downgrade |
| 2020-09-22 | Deutsche Bank | Hold | Maintains | |
| 2020-09-09 | RBC Capital | Sector Perform | Maintains | |
| 2020-08-26 | Wedbush | Neutral | Initiate | |
| 2020-08-24 | Wedbush | Neutral | Initiate | |
| 2020-07-16 | Deutsche Bank | Hold | Initiate | |
| 2020-07-08 | JP Morgan | Neutral | Overweight | Upgrade |
| 2020-07-07 | RBC Capital | Sector Perform | Initiate | |
| 2020-06-22 | JP Morgan | Neutral | Initiate | |
| 2020-06-17 | Cowen & Co. | Outperform | Initiate | |
| 2023-01-17 | BTIG | Buy | Reiterate | |
| 2023-03-31 | BTIG | Buy | Neutral | Downgrade |
| 2023-02-24 | Deutsche Bank | Hold | Maintains | |
| 2023-02-24 | Cowen & Co. | Outperform | Maintains | |
| 2023-03-13 | Morgan Stanley | Equal-Weight | Initiate | |
| 2023-03-14 | Morgan Stanley | Equal-Weight | Initiate | |
| 2023-05-10 | TD Cowen | Outperform | Market Perform | Downgrade |
| 2023-07-31 | DA Davidson | Neutral | Neutral | Maintains |
| 2024-01-24 | Baird | Outperform | Initiate | |
| 2024-04-09 | Wolfe Research | Peer Perform | Initiate | |
| 2024-03-05 | DA Davidson | Neutral | Neutral | Reiterate |
| 2024-06-12 | DA Davidson | Neutral | Neutral | Maintains |
| 2024-11-01 | TD Cowen | Hold | Hold | Maintains |
| 2024-11-01 | Baird | Outperform | Outperform | Maintains |
| 2024-11-11 | DA Davidson | Neutral | Neutral | Maintains |
| 2024-08-12 | DA Davidson | Neutral | Neutral | Maintains |
