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Nikola (NKLA)
NASDAQ:NKLA
Nikola (NKLA) Stock Price & Analysis
9,123 Followers
NKLA Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$8.02 - $111.30
Previous Close$8.55
Volume6.05M
Average Volume (3M)3.13M
Market Cap
$386.62M
Enterprise Value$204.90M
Total Cash (Recent Filing)$464.71M
Total Debt (Recent Filing)$282.99M
Price to Earnings (P/E)―
Beta2.14
Next Earnings
Aug 01, 2024EPS Estimate
-$2.68Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-31.71
Shares Outstanding1,356,551,286
10 Day Avg. Volume90,010,550
30 Day Avg. Volume3,128,891
Standard Deviation0.39
R-Squared0.08
Alpha-0.01
Financial Highlights & Ratios
Price to Book (P/B)0.77
Price to Sales (P/S)13.52
Price to Cash Flow (P/CF)-1.00
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue5.91
Enterprise Value/Gross Profit-0.96
Enterprise Value/Ebitda-0.71
Forecast
1Y Price Target
$1.10Price Target Upside-86.57% Downside
Rating ConsensusModerate Buy
Number of Analyst Covering7
Nikola News
Bulls Say, Bears Say
Bulls Say
DemandHVIP voucher requests indicate strong demand for Nikola's FCEV and BEV trucks.
Production And DeliveryNKLA previously announced production and deliveries of 43 and 40 FCEV vehicles during the quarter, respectively, exceeding guidance of 30-35 vehicles.
Strategic ExpansionNikola will now expand geographically beyond CA and Canada and target national accounts while being flexible on ASP to win initial deals.
Bears Say
Future ProjectionsManagement lowered FY2024 total truck delivery guidance to 300-350, down from 400-450.
Guidance And ProfitabilityManagement withdrew guidance given uncertainty related to supplier costs as profitability will be dependent on gaining volume momentum.
Revenue PerformanceNKLA's stock is down approximately 5% after reporting net revenue of about $7.5M, which is below the consensus of $15M.
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Ownership Overview
Currently, No data available
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Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
The estimated number of people who visited one or more of the websites owned by Nikola
Desktop Users
Mobile Users
NKLA FAQ
What was Nikola’s price range in the past 12 months?
Nikola lowest stock price was $8.02 and its highest was $111.30 in the past 12 months.
What is Nikola’s market cap?
Currently, no data Available
When is Nikola’s upcoming earnings report date?
Nikola’s upcoming earnings report date is Aug 01, 2024 which is in 33 days.
How were Nikola’s earnings last quarter?
Nikola released its earnings results on May 07, 2024. The company reported -$2.7 earnings per share for the quarter, beating the consensus estimate of -$2.94 by $0.24.
Is Nikola overvalued?
According to Wall Street analysts Nikola’s price is currently Overvalued.
Does Nikola pay dividends?
Nikola does not currently pay dividends.
What is Nikola’s EPS estimate?
Nikola’s EPS estimate is -$2.68.
How many shares outstanding does Nikola have?
Nikola has 45,218,376 shares outstanding.
What happened to Nikola’s price movement after its last earnings report?
Nikola reported an EPS of -$2.7 in its last earnings report, beating expectations of -$2.94. Following the earnings report the stock price went down -5.387%.
Which hedge fund is a major shareholder of Nikola?
Among the largest hedge funds holding Nikola’s share is Coatue Management, LLC. It holds Nikola’s shares valued at 5M.
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Nikola Stock Smart Score
Unlock Smart Score
1
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10
Analyst Consensus
Moderate Buy
Average Price Target:
$1.10 (-86.57% Downside)
$1.10 (-86.57% Downside)
Blogger Sentiment
Bearish
NKLA Sentiment 75%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Increased
By 141.6K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $540.0K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.9%
Last 30 Days ▼ 2.3%
Last 30 Days ▼ 2.3%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-76.46%
12-Months-Change
Fundamentals
Return on Equity
-153.18%
Trailing 12-Months
Asset Growth
-0.54%
Trailing 12-Months
Company Description
Nikola
Nikola Corporation (NASDAQ:NKLA) focuses on providing zero-emission transportation solutions. It is engaged in manufacturing heavy-duty commercial battery and hydrogen fuel cell vehicles. Meanwhile, through its Energy business, Nikola provides charging and infrastructure support to its vehicles and third-party customers.
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NKLA Company Deck
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NKLA Earnings Call
Q1 2024
0:00 / 0:00
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NKLA Stock 12 Month Forecast
Average Price Target
$1.10
▼(-86.57% Downside)
Technical Analysis
Best Analysts Covering NKLA
1 Year
1 Year Success Rate
0/4 ratings generated profit
1 Year Average Return
-61.85%
reiterated a buy rating 2 months ago
Copying Ben Kallo's trades and holding each position for 1 Year would result in 0.00% of your transactions generating a profit, with an average return of -61.85% per trade.
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