Nikola (NKLA) Stock Price, News & Analysis

Company Overview

Nikola Corporation, headquartered in Phoenix, Arizona, is a pioneer in zero-emission transportation solutions for the heavy-duty trucking industry. Since its founding in 2014 by entrepreneur Trevor Milton, the company has specialized in developing hydrogen fuel cell and battery-electric powertrains for Class 8 trucks. With a focus on reducing greenhouse gas emissions in freight transport, Nikola integrates advanced propulsion technologies and energy infrastructure to support large-scale fleet operations.

Nikola’s vehicle lineup features two primary platforms: the Nikola Tre, offered in both battery-electric and fuel cell electric variants for European and North American markets, and the Nikola Two, a hydrogen fuel cell semi-truck designed for long-haul applications. Complementing its truck offerings, the company is rolling out Nikola Energy, a network of high-capacity hydrogen fueling stations aimed at ensuring reliable fuel supply for commercial fleets. Nikola has also explored zero-emission concepts for off-road and marine use, reflecting its broader ambition to serve multiple transportation segments.

Serving customers across North America and Europe, Nikola collaborates with established OEMs and suppliers to accelerate production and infrastructure deployment. Key partnerships include an alliance with Iveco for European manufacturing and a technology agreement with Bosch for hydrogen storage solutions. Production facilities in Coolidge, Arizona, and a joint venture plant in Ulm, Germany, are central to Nikola’s strategy of localized manufacturing to meet regional demand and streamline delivery timelines.

Under the leadership of President and Chief Executive Officer Mark Russell, Nikola’s executive team is supported by a board of directors with deep expertise in automotive engineering, energy services and commercial operations. The company continues to advance vehicle certification processes and expand its hydrogen infrastructure footprint while refining its go-to-market approach. Committed to driving the transition to clean transportation, Nikola aims to deliver sustainable value to customers and stakeholders through its hydrogen and battery-electric innovations.

Key Stats

• Today's Range: $0.18 to $0.25
• 50-Day Range: $0.18 to $0.18
• 52-Week Range: $0.18 to $10.23
• Volume: 36.66 million shs
• Average Volume: 10.38 million shs
• Market Capitalization: $11.14 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $6.00
• Consensus Rating: Hold

Nikola Stock Analysis - MarketRank™

Nikola scored higher than 20% of companies evaluated by MarketBeat, and ranked 77th out of 87 stocks in the auto/tires/trucks sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.1 / 5
• Analyst Rating: Hold

Consensus Rating

Nikola has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 1 buy rating, 3 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Nikola has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Nikola is -0.01, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Nikola is -0.01, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Nikola has a P/B Ratio of 0.01. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for NKLA.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Nikola does not currently pay a dividend.

Dividend Growth

Nikola does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for NKLA.

News and Social Media

• Score: 0.6 / 5
• News Sentiment: N/A

Search Interest

21 people have searched for NKLA on MarketBeat in the last 30 days. This is an increase of 17% compared to the previous 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Nikola insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 0.74% of the stock of Nikola is held by insiders.

Percentage Held by Institutions

Only 37.38% of the stock of Nikola is held by institutions.

NKLA Stock Analysis - Frequently Asked Questions

How have NKLA shares performed this year?

Nikola's stock was trading at $1.19 on January 1st, 2025. Since then, NKLA stock has decreased by 84.6% and is now trading at $0.1830.

How were Nikola's earnings last quarter?

Nikola Co. (NASDAQ:NKLA) posted its earnings results on Thursday, October, 31st. The company reported ($2.75) earnings per share for the quarter, missing the consensus estimate of ($2.24) by $0.51. The business's quarterly revenue was up 1382.4% compared to the same quarter last year.
Read the conference call transcript.

When did Nikola's stock split?

Nikola shares reverse split on Tuesday, June 25th 2024.The 1-30 reverse split was announced on Tuesday, June 25th 2024. The number of shares owned by shareholders was adjusted after the market closes on Tuesday, June 25th 2024. An investor that had 100 shares of stock prior to the reverse split would have 3 shares after the split.

How do I buy shares of Nikola?

Shares of NKLA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Nikola own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Nikola investors own include Waste Connections (WCN), The RMR Group (RMR), iShares Micro-Cap ETF (IWC), DiamondRock Hospitality (DRH), American Water Works (AWK), AU Optronics (AUOTY) and Triple Flag Precious Metals (TFPM).

Company Calendar

• Last Earnings: 10/31/2024
• Today: 7/12/2025
• Next Earnings (Estimated): 8/07/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Auto/Tires/Trucks
• Industry: Motor vehicles & car bodies
• Sub-Industry: Automobile Manufacturers
• Current Symbol: NASDAQ:NKLA
• Previous Symbol: NASDAQ:NKLA
• CIK: 1731289
• Web: www.nikolamotor.com
• Phone: (480) 666-1038
• Fax: N/A
• Employees: 1,500
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Nikola: $6.00
• High Price Target: $10.00
• Low Price Target: $4.00
• Potential Upside/Downside: +3,178.7%
• Consensus Rating: Hold
• Rating Score (0-4): 2.25
• Research Coverage: 4 Analysts

Profitability

• EPS (Trailing Twelve Months): ($14.26)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: -$966.28 million
• Net Margins: -840.44%
• Pretax Margin: -838.98%
• Return on Equity: -95.73%
• Return on Assets: -46.23%

Debt

• Debt-to-Equity Ratio: 0.71
• Current Ratio: 1.17
• Quick Ratio: 0.94

Sales & Book Value

• Annual Sales: $75.53 million
• Price / Sales: 0.15
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $16.24 per share
• Price / Book: 0.01

Miscellaneous

• Outstanding Shares: 60,867,000
• Free Float: 60,417,000
• Market Cap: $11.14 million
• Optionable: Optionable
• Beta: 1.97