Nikola (NKLAQ) Stock Price, News & Analysis

Company Overview

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 truck and the Nikola's Class 8 FCEV. Additionally, the company assembles, integrates, and commissions its vehicles in collaboration with its business partners and suppliers. Nikola Corporation founded in 2015 and is headquartered in Phoenix, Arizona.

Key Stats

• Today's Range: $0.00 to $0.03
• 50-Day Range: $0.02 to $0.18
• 52-Week Range: $0.00 to $9.75
• Volume: 75,604 shs
• Average Volume: 530,788 shs
• Market Capitalization: $1.83 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. 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 0.00, 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 0.00, 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 0.00. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

19.99% of the outstanding shares of Nikola have been sold short.

Short Interest Ratio / Days to Cover

Nikola has a short interest ratio ("days to cover") of 8.9.

Change versus previous month

Short interest in Nikola has recently increased by 1.73%, indicating that investor sentiment is decreasing.

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

Percentage of Shares Shorted

19.99% of the outstanding shares of Nikola have been sold short.

Short Interest Ratio / Days to Cover

Nikola has a short interest ratio ("days to cover") of 8.9.

Change versus previous month

Short interest in Nikola has recently increased by 1.73%, indicating that investor sentiment is decreasing.

News and Social Media

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

News Coverage This Week

MarketBeat has tracked 1 news article for Nikola this week, compared to 1 article on an average week.

Search Interest

Only 3 people have searched for NKLAQ on MarketBeat in the last 30 days. This is a decrease of -25% compared to the previous 30 days.

MarketBeat Follows

11 people have added Nikola to their MarketBeat watchlist in the last 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.

NKLAQ Stock Analysis - Frequently Asked Questions

How have NKLAQ shares performed this year?

Nikola's stock was trading at $1.19 at the start of the year. Since then, NKLAQ shares have decreased by 97.5% and is now trading at $0.03.

How were Nikola's earnings last quarter?

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

When did Nikola's stock split?

Shares of Nikola 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 closing bell 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 NKLAQ 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.

Company Calendar

• Last Earnings: 10/31/2024
• Today: 8/04/2025
• Next Earnings (Estimated): 8/07/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: OTCMKTS
• Sector: Auto/Tires/Trucks
• Industry: Auto Manufacturers
• Sub-Industry: Automobile Manufacturers
• Current Symbol: OTCMKTS:NKLAQ
• Previous Symbol: NASDAQ:NKLA
• CIK: 1731289
• Web: 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: +19,900.0%
• Consensus Rating: Hold
• Rating Score (0-4): 2.25
• Research Coverage: 4 Analysts

Profitability

• EPS (Trailing Twelve Months): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: $35.84 million
• Price / Sales: 0.05
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $16.24 per share
• Price / Book: 0.00

Miscellaneous

• Outstanding Shares: 60,870,000
• Free Float: 60,417,000
• Market Cap: $1.83 million
• Optionable: Optionable
• Beta: 2.26